Morning Roll Call

In our weekly trends publication, published on Monday morning every trading week in our Trader’s Corner blog, we mentioned the importance of the rash of PMIs that were published this Monday. The European PMIs for manufacturing and services were, for the most part, positive. However, the USA print provided a mild shock as the PMI […]

We’re not sure if our readers have noticed but there’s always an excuse prepared for failing economic information. The weather is the favourite excuse, particularly were retail data is concerned. If retail sales figures are up it’ll be the sun shining, down and it’s the rain, snow or gales, or the heat wave which has

The word “meme” was coined by Richard Dawkins in his 1976 book The Selfish Gene, as an attempt to explain the way cultural information spreads. Internet memes are a subset of this general meme concept specific to the culture and environment of the Internet. In 2013 Dawkins characterized an Internet meme as being a meme

European car sales slumped in the month of August, with the exception of the UK, whose bi-annual August new registration habit, helped boost figures to buck the trend. Sales in Cyprus tumbled by 40% so far this year, illustrating the impact of its bailout, in particular the capital controls which are restricting how much money

There is a phrase that’s often used in the UK when somebody states the obvious, the phrase has an expletive in it so we can’t post it in full. It’s a reference to the superb detective skills of the fictional character Sherlock Holmes, we’re sure you can guess the gap in the three word phrase;

Friday is the infamous anniversary of the introduction of open ended quantitative easing, the monetary easing experiment that was intended to stimulate the USA economy from the bottom up by way of $85 billion of monetary stimulus each month. The failure to stimulate the economy has been of epic proportions, growth in the USA has

There are many times when the UK takes its economic lead from the USA. The USA appeared to ‘enjoy’ a secular rally in house prices and mortgage applications late 2012 and early 2013. That renewed impetus had many analysts fearing that a repetition of the boom and bust of 2008 could re-occur. However, lately the

A potential solution to the growing threat of force versus the Assad regime by the USA added calm to global equity markets. Added to this potentially positive news data published from China, suggesting that the Chinese economy is once again in growth mode, encouraged a ‘risk on’ sentiment to envelope global markets on Tuesday. China’s

  The World Trade Organisation is refusing to be taken in regarding co-ordinated talks of a global economic revival. It cut its forecasts on Monday for trade growth, due to Europe’s weak economy. The WTO now expects world trade to expand by 2.5% in 2013, down from 3.3%. It also lowered its 2014 forecast to

The best piece of advice we’ve come across with regards to trading FX during the publication of the NFP jobs number is don’t, “don’t trade it”. Actually that’s not the whole story, let us explain… Firstly to try and enter the market during such a volatile time can be tricky. Your orders, fills and stops