Maria Iacob | Forex Trading Blog - Forex News, Articles and Market Analysis

European equity markets power ahead on Monday, due to healthy manufacturing PMI numbers.

Despite the fact that London and USA markets were closed on Monday, European equities enjoyed solid gains on the strength of solid PMI manufacturing data, which came in ahead of the analysts’ polled predictions. Notwithstanding the encouraging individual national PMI readings, the overall Eurozone area manufacturing expanded in December, at the fastest rate recorded since […]

European equity markets power ahead on Monday, due to healthy manufacturing PMI numbers. Read More »

MORNING ROLL CALL

Morning Roll Call

In the Chinese year of the Fire Rooster, don’t be too cocky. London is still the major FX trading venue globally, therefore, with the UK’s holiday season extending to what’s termed a “bank holiday” on Monday, trading volume in FX and metals markets is likely to be significantly reduced throughout Monday’s normally two distinct trading

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MORNING ROLL CALL

Morning Roll Call, Uncategorized

Recent Fed base rate rise hits USA trade gap as dollar rises. It’s less than a month since the USA Fed raised the base interest rate by 0.25% and so far the USA equity markets and the dollar have responded positively. Equities have consistently printed record highs, whilst the dollar has gained in strength, rewarding

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Morning Roll Call

USA equity markets in retreat mode, UK’s FTSE 100 closes at record high, the dollar rises, whilst sterling and the euro fall versus their major peers. During the New York trading session on Wednesday the main USA equity markets sold off sharply. The reasons put forward were many and various; trading is still circa thirty

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USA consumer confidence reaches a thirteen year high, DJIA approaches 20,000, USA dollar nears highest point in a decade.

Morning Roll Call

Two key confidence measures were released in the USA on Tuesday. Firstly, the Case-Shiller index revealed that house prices in the USA rose by 5.1% on an annual basis. All 20 cities in the index showed a YoY gain, the highest gain reported was a 10.7 percent gain in Seattle, whilst New York had the

USA consumer confidence reaches a thirteen year high, DJIA approaches 20,000, USA dollar nears highest point in a decade. Read More »

MORNING ROLL CALL

Morning Roll Call

OPEC finally finds its sweet spot, for light sweet crude. It’s always a relief for: analysts, economists and market commentators when a huge looming economic event, highlighted on the economic calendar, is finally over. The narrative, building up to this particular event, had become repetitive and tiresome; “will they, won’t they, by how much, who’s

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MORNING ROLL CALL

Morning Roll Call, Uncategorized

Renzi’s Italian job, he might “just blow the bloody doors off!” In the 1969 British film the Italian Job, a film depicting a gold theft in Turin, the actor Michael Caine delivered what’s now regarded as a legendary line; “you were only supposed to blow the bloody doors off!” The bank robbers had used too

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MORNING ROLL CALL

Morning Roll Call

Mario Draghi reads the riot act to the UK and warns of the consequences of a hard Brexit. “The Riot Act (1714) was an Act of the Parliament of Great Britain that authorised local authorities to declare any group of twelve or more people to be unlawfully assembled, and thus have to disperse or face

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MORNING ROLL CALL

Morning Roll Call

OPEC are desperately trying to create a Goldilocks price, but there’s three bears who might not eat the porridge on offer. With the four main USA equity indices breaching record highs (day after trading day) last week, it will be a temporary relief not discussing the Trump equity bounce and bubble over coming days. There’s

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MORNING ROLL CALL

Morning Roll Call

Black Friday And Its Forgotten Dark Origins It’ll be fascinating to witness at what price USA markets finally open on Friday and how they perform. The futures market for the DJIA roared ahead on Thursday, despite the thanksgiving holiday in the USA, meaning markets were closed. Currently at 19,118 on the futures market at 12am

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