Morning Roll Call

The price-action opportunities for day traders who specialise in trading the major pairs singularly were scarce during Monday’s trading sessions as the majors traded mostly in tight, sideways ranges during the day’s sessions. At 20:00pm U.K. time EUR/USD traded down -0.08%, USD/CHF up 0.02%, AUD/USD down -0.09% and USD/JPY up 0.16%. Monday was an extremely […]

According to a weekend poll conducted by the polling firm You Gov, Tory voters are approximately 75% in favour of Boris Johnson becoming the next U.K. prime minister, with only 25% for Jeremy Hunt. The voting-decision will be announced on Wednesday July 24th although by Monday 22nd the Tory party hierarchy will already know the

After beginning the New York session in negative territory the main U.S. equity indices recovered towards the end of the session, to register closing gains on Thursday July 18th. The DJIA closed up 0.03% with the SPX up 0.35% and the NASDAQ up 0.17%, ending a three-day losing streak. Moving aside the fears that the

Various factors have conspired to prevent U.S. equity markets reaching new record highs over recent sessions. President Trump reigniting the tariff war threats versus China and profit taking have stalled the previous, consistent rises. However, earnings season hasn’t provided the stimulus many expected, preventing markets from breaking upwards to print higher highs. At 8:40pm U.K.

WTI oil slumped by circa 4.0% at one stage during the New York trading session after Iran’s foreign minister talked about a “path to new talks” and President Trump stated in a cabinet meeting on Tuesday that he’s “not looking for regime change” in the country. At 20:25pm U.K. time WTI oil traded at $58.05

Investors and traders of USA equities struggled to discover renewed justification to push the leading indices above the recent highs during Monday’s New York session, at 19:00pm U.K. time the SPX traded down -0.10% as the NASDAQ tech-index traded up 0.04% posting a new record intraday high of 8,264. Although the main U.S. markets are

The U.S. equity markets maintained their gravity defying rises last week as the DJIA, SPX and NASDAQ indices all continued to take out record highs. It’s worth noting that the DJIA finally broke through the 20,000 level in January 2017 and here we are, thirty months later and 27,000 has been breached representing a thirty-five

The dislocation between the record rises in U.S. equity indices and various aspects of what could be termed “the real economy” in America continues. Many analysts have cited that outflows from the wider markets, such as from hedge funds, are at levels not seen since the depths of the Great Recession. However, many funds and

The SPX equity index broke through the psychological handle of 3,000 for the first time in its history on Wednesday before Jerome Powell actually delivered his testimony, during the first day of his two-day appearance in front of the finance committee panel up on Capitol Hill. In a deliberately leaked part of his statement and

GPB/USD slumped to a two year low during Tuesday’s trading sessions printing a low of 1.243, a level not witnessed since Q2 of 2017. The major pair traded in a clearly defined bearish trend, breaching the third level of support and at 20:50pm U.K. time the pair referred to as “cable” traded down -0.40%. Although