All the excitement in the previous week came to a screeching halt when the US Labour Department released the hotly watched Non Farm Payrolls figures on Friday evening.
The 120,000 jobs added in March were the lowest in five months, underscoring Fed Chairman Ben Bernanke’s concern that recent ga...
YTE Blog
China reported positive figures over the weekend, sending risk currencies higher.
The Purchasing Managers’ Index, compiled by China’s logistics federation and the National Bureau of Statistics, rose to a one-year high of 53.1 in March from 51 in February.
As Australia’s largest trading partne...
This week's top trading blogs...
DailyFX
Always remember that an indicator has absolutely no concept of trend. An indicator can provide invaluable information when it comes to momentum but it does not possess any insight as to the trend…the direction that the pair has been moving over time....
With the Greek story out of the way, all eyes are now focused on the recovery of the US economy.
Over the last couple of months, the US has reported consistent improvements in key economic reports such as non-farm payrolls and retail sales.
For the month of February, US employers added 227,000 ...
This week's top trading blogs...
MarketPulseFX
Everything is fine in the world if you are holding mostly “bear” dominated positions. With global equities seeing red for the third-consecutive day, its longest losing stretch in two-months and market rumors rife, has investors again coveting t...
In the strongest signal yet to reduce reliance in exports and capital spending in favour of consumption, China’s Premier Wen Jiabao set the pace for this year’s growth at 7.5%.
The announcement was made yesterday during the state-of-the-nation speech delivered to 3,000 lawmakers at the annual m...
This week's top trading blogs...
FxPro
Spending a few days in Asia is focusing my mind on the extent to which this region can detach itself from what is going on in Europe. It has successfully de-coupled from problems elsewhere (in 2007-08), but does the water that has passed under the bri...
Over the weekend, China announced a 50 basis-point cut in the Reserve Requirement Ratio.
This is essentially the proportion of cash that banks must set aside as reserves. The change will take effect on 24 February, and the figure will fall to 20.5% from 21%.
This is the second time in three mo...
This week's top trading blogs...
Swing Trader's Edge
Well if you want a catalyst, than here it is. I have always used the charts to guide me in my trading but I certainly do not ignore wider macro and fundamental issues. Tuesday's decision by the RBA to leave rates on hold will prove to be ...
Last week, US government data beat all estimates when it reported that Non-Farm Payrolls rose by 243,000 in January. The official figures easily surpassed the 140,000 estimate by economists.
Additionally, the unemployment rate came in at 8.3%, the lowest level in nearly 3 years. This also recor...
After intense negotiations at the recent World Economic Forum in Davos, Switzerland, a deal with Greek bondholders seems imminent.
In October 2011, the bondholders agreed to take a 50% cut in the face value of their bonds, worth more than 200 billion Euros. In simple terms, this means that bond...
This week's top trading blogs...
Commodity Trader
Fed meeting this week as well as any new developments out of Europe. My suggestion is to always look one-two weeks in advance for upcoming economic events when initiating trades. Just when it appears Crude was destined to move lower prices r...
This week's top trading blogs...
Forex Trading Blog
In the UK, a weaker than expected CPI figure and increased speculation about further quantitative easing by the BOE has seen the currency remain heavy in the past few trading sessions. The opportunity exists for a short EURGBP trade at leve...
Well it's been a while since I last posted anything on here and you may be wondering where I have been and more importantly how my spread betting has been going. Well about average as far as the spread betting is concerned. I've been really busy (and still am) with my personal life and unfortuna...
This week's top blogs...
Don Miller's S&P Trader Tank
This week’s Briefing continues following the theme discussed in recent issues related to short- to moderate-term expectations for the market and how we’ve structured client portfolios of varying risk profiles. To those new to the Bri...
There seems to be a lot of carrying on about momentum stocks imploding after huge runs, as if it’s something terrible and scary. Stocks like Green Mountain Coffee Roasters (GMCR) and Netflix (NFLX) have plummeted over the last six months or so. ‘Oh my god, a momentum stock has fallen sharply’!...
Last week, the Monetary Authority of Singapore said that the global economy and financial system are at their most fragile state since the 2008 crisis, with the immediate outlook characterised by a high degree of uncertainty.
Not the most encouraging words for traders and investors to hear, but ...
Last week, 2 major central banks slashed their interest rates by 25 basis points each.
The Reserve Bank of Australia was the first to act, cutting rates from 4.75% to 4.5%. This was followed 2 days later by new ECB chief, Mario Draghi, who surprised everyone by cutting rates from 1.5% to 1.25%.
...
What was original a 2 day meeting between the European finance chiefs has now been scheduled for 6 days. With a final announcement scheduled for Wednesday, the lengthy Summit shows that the people in charge are committed to hammer out a solution for the on-going debt woes in Europe.
There are es...
Finance chiefs meet in Luxembourg this week.
The good news for the markets is that finance chiefs are meeting and discussing global issues more frequently. The bad news is that no concrete solution has been hammered out yet.
In the process, markets are continuing their free-fall.
The MSCI Asi...
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