Market News & Blog

Today in S&P, DJI, SPI, Gold, Silver and Oil - 27 Oct

Silver had a choppy day and in the medium term continues to gyrate between 15.60/16.20. The daily and weekly charts are mildly conflicting, suggesting that we may be in for more of the same and that there are probably better things to look at.

European Market Open - 26 Oct

The major Asian stock indices are all higher this morning, led by the Chinese CSI 300, which is up more than 1% on the day. Oil and precious metals have consolidated in a tight range in the Asian session.

26 Oct: US$ in charge. EU majors, Yen, commodity bloc under pressure. FOMC, BOJ, RBNZ this week.

Equities climbed strongly higher once more on Friday, as did the US dollar, which remains underpinned by last week's central bank activity, most notably from the ECB, the PBoC and the BOC.

Today in S&P, DJI, SPI, Gold, Silver and Oil - 26 Oct

Equities soared again heading into the weekend after China unexpectedly cut interest rates, and were also assisted by several of the large-cap U.S. technology companies (Alphabet, Amazon, Microsoft) reporting better-than-expected quarterly results.

European Market Open - 23 Oct

The Euro fell sharply yesterday after ECB President Mario Draghi said that the central bank will consider an adjustment of the current quantitative easing (QE) programme at the December meeting. 

Risk Management: How to Handle Drawdowns

Drawdowns are inevitable. Every trader will have from time to time a losing streak, but if handled properly, it should not be a major obstacle for anyone. 

22 Oct: Markets sideways waiting on today's ECB Interest Rate Decision

The day ahead will be all about the ECB Interest Rate Decision. While no change is generally expected from the ECB an easing of monetary policy is still possible.

European Market Open - 21 Oct

Asian equity markets are mostly higher on the day, led by the Nikkei, which gained 1.25% on the day. Hong Kong markets were closed today for a public holiday.

21 Oct: Forex markets rangebound as traders wait for tomorrow's ECB meeting

The current session has again been rangebound for most currency pairs although the Euro did briefly see a squeeze to the topside after the ECB was mildly positive in its latest bank lending survey.

European Market Open - 20 Oct

The main event overnight was the release of the RBA meeting minutes. There were no surprises from the minutes and it seems likely that, near term, there will be no changes in the RBA's monetary policy.

1 2 3 4 5 6 7 8 9 186