In a relatively quiet day in terms of high impact news the main equity markets continued their journey north on Monday on the basis of slightly higher retail and other consumption figures from the USA and an improved sentiment publication courtesy of the University of Michigan. Canada’s GDP rose 0.3% in October, in the USA […]
Equity markets enjoy a late Santa rally as USA consumers feel more confident Read More »
The International Monetary Fund has improved its outlook for the USA economy in a sign that the world’s largest economy may have reached a turning point and is poised for stronger growth almost five years since the devastating recession. The IMF forecast in October that the U.S. economy would expand 2.6 percent in 2014 after
Due to the holiday period the volume of fundamental policy decisions and high impact news events due for publication this week are restricted. Monday we receive the publication of Canada’s latest GDP figure, the print is expected to come in at 0.1% positive down from 0.3% positive the previous month. Traders and investors will also
Trend trading fundamental and technical analysis for week starting December 23rd Read More »
There’s been a raft of data published this morning relating to the UK government’s borrowing and the UK economic performance. The good news for the UK economy is that the UK’s GDP has now grown to 1.9%, due in the main part to the upward revisions of previous quarters adding 0.2% to the GDP figure.
UK GDP spikes to 1.9%, however negative balance of payments balloons Read More »
We often post up what new and inexperienced should do, as opposed to warnings of not what to do. In this article we’ll compile a list of don’ts, as opposed to a list of do’s. We’ll focus on many of the mistakes and faults traders are guilty of and suggest gentle ‘nudges’ to alter that
A list of don’ts for new and inexperienced traders Read More »
After the excitement of the unexpected taper decision from the FOMC on Wednesday European markets, which had already closed as the decision was revealed, immediately rallied on open to reach an ‘equilibrium’ with the USA bourses. The USA markets were mainly flat in the afternoon session as the medium to high impact news events provided
Whilst attention was focused on the Fed’s monetary easing taper last night, European finance ministers reached a crucial deal on banking union, ahead of their European summit today and tomorrow. Important breakthroughs were finally made in the early hours of this morning. EU ministers agreed a broad agreement for a banking union agency and a
There is no debate that indicator based trading actually ‘works’, despite the levels of critique from experienced and successful traders, indicator based trading has stood the test of time. Indicator based trading works particularly well on the daily chart, which is the time frame the creators of the various indicators designed the indicators to work
The key high impact news event of the day came with an element of surprise given that the majority of economists polled by either Bloomberg or Reuters predicted that the result of the two day FOMC meeting would not bring an alteration to the Fed’s monetary easing scheme. The Fed decided to taper by $10
All investor eyes will no doubt be focused on the FOMC meeting the afternoon and the impending decisions regarding base rates and the monetary easing programme. However, in the meantime, there are several news events that have been published overnight and in the morning trading session that will be of interest to investors and traders
