Traders are treading cautiously this Monday morning after a rather clouding Non-farm Payrolls report and the Chinese National People’s Congress over the weekend set out a growth rate of 6.5% to 7.0% for the next year. Wall Street closing higher (S&P 500 up 0...
Analytics & Forecasts
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7 March 2016, 13:25 #Trading
Sometimes the news stream drives prices, and sometimes the price action drives the narratives. We argued that the sharp decline in equities at the start of the year was fanned the doom and gloom in the media and market commentary...
Other
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7 March 2016, 06:04
EUR/USD was under pressure as the tension towards the ECB's meeting, the main event of the upcoming week but certainly took advantage of the greenback's weakness. Will Draghi drag the euro down or will it bounce like in December...
Analytics & Forecasts
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7 March 2016, 05:53
To make it short and painful: there is no perfect trading strategy and how well you can deal with losses will determine your future success as a trader – more than your actual trading strategy will...
Trading Ideas
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6 March 2016, 19:18
A British decision to leave the European Union would be “poison” for the UK, European and global economies that would last for years, the German finance minister has said...
Market News
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6 March 2016, 19:11
The US dollar fell against all the major and most of the emerging market currencies last week. Risk appetites have been rekindled, and the yen has gone from the best performer in recent weeks to the worst over the past week. Major equity markets advanced for the third week...
Market News
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6 March 2016, 09:35
Seven years ago on Saturday (5 March), the Bank of England slashed interest rates to a record low of 0.5%. At the time, the cut and plans to pump billions of pounds of electronic money into the economy seemed like an emergency measure to cushion the UK from the global financial crisis...
Market News
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6 March 2016, 09:02 #QE
The US dollar found itself under pressure this week as despite a run of relatively positive economic numbers, the Fed hinted that the March meeting will not really be a ‘live’ one...
Market News
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5 March 2016, 22:13
According to today's employment report, 59.8 percent of Americans ages 16 and older had jobs in February. That's the highest employment-to-population ratio in years, and the rate of increase is clearly on the rise. Look back some more years, though, and the story is different...
Market News
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5 March 2016, 18:12
• Gold's bullish momentum keeps going after breaking above declining channel. Hourly resistance is given at 1308 (21/03/2015 high). Hourly supports lies at 1253 (24/02/2016 low). • In the long-term, the technical structure suggests that there is a growing upside momentum...
Analytics & Forecasts
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5 March 2016, 07:27 #gold