Binary.com Daily Market Report (15th Nov)

Markets rise on prospect of more stimulus Morning Report: 08.45 London • After Janet Yellen’s testimony last night, markets are inferring that the next Fed Chair nominee will extend monetary stimulus. Stock markets have continue to hit new highs, while the main risk on currency – the Australian dollar is attempting to reverse recent losses.  […]

Stock Trkr
Binary.com Daily Market Report (13th Nov)

Gold climbs as dollar stalls Morning Report: 08.45 London • This morning, gold is pushing higher after days of consistent selling – largely helped by the US dollar index struggling to push through resistance.  • Away from this move, markets a generally very quiet as traders wait to hear from Chinese officials on their market reforms. […]

Stock Trkr
Binary.com Daily Market Report (12th Nov)

Yen retreats on low confidence Morning Report: 08.45 London • This morning, the Japanese yen is on the back foot after consumer confidence came in well below estimates.  • The euro is continuing to outperform its peers, with the EUR/ JPY up 0.42%. • The Aussie and Kiwi are continuing their poor run, with the AUD/ USD […]

Stock Trkr
Binary.com Daily Market Report (11th Nov)

Markets quiet as bank holidays hit Morning Report: 08.45 London • First we would like to express our support for anyone caught up in the Philippines disaster. • Markets are generally quiet this morning as traders take a much needed break between last week’s data deluge and today’s bank holidays in France, the US and Canada. • So […]

Stock Trkr
Binary.com Daily Market Report (8th Nov)

The quiet between storms Morning Report: 08.45 London • After yesterday’s volatility, this morning traders are unwilling to stick their necks out ahead of the big Non Farm Payroll results later.   • Yesterday’s trading action was enough to allow the City bit of a breather before the next big data point hits. Mario Draghi underlined that […]

Stock Trkr
Binary.com Daily Market Report (7th Nov)

Markets quiet ahead of deluge Morning Report: 08.45 London • This morning, financial markets are decidedly cautious ahead of a day or reckoning for economic data. This caution is understandable when you consider what lies ahead today – Two central bank meetings and the latest US GDP figures (with NFP to come tomorrow). • This far this […]

Stock Trkr
Binary.com Daily Market Report (6th Nov)

Markets conservative ahead of FOMC Morning Report: 08.45 London • Markets are cautious today ahead of a very busy Thursday and Friday which include US Non Farm Payrolls and the ECB statement. The S&P 500 typifies this indecision, with the benchmark stuck in a tight range.   • On currency markets, the NZD/ USD continues to lead after […]

Stock Trkr
Binary.com Daily Market Report (5th Nov)

China leadership meeting weighs on Aussie Morning Report: 08.45 London • The Aussie dollar continued to dance to China’s tune this morning as the currency dips head of the highly anticipated Chinese leadership meeting. The AUD/ JPY is off by 0.68%, though this move is exaggerated by the resurgent yen. This downside move comes despite warnings […]

Stock Trkr
Binary.com Daily Market Report (4th Nov)

China boosts Aussie once again Morning Report: 08.45 London • This morning, the Australian dollar is receiving yet another boost from a steadying China. Chinese non manufacturing PMI smashed the previous month’s numbers, coming in at its highest level in 14 months. • The AUD/ USD is up 0.66%, the AUD/ JPY 0.59% and the NZD/ USD […]

Stock Trkr
Binary.com Daily Market Report (1st Nov)

Euro weakness continues as rate cut looms Morning Report: 08.45 London • After taking a hammering in yesterday’s afternoon/ evening sessions, the euro is once again under pressure this morning as traders price in a 0.25bp rate cut in November. • The EUR/ JPY is off by 0.61%, the EUR/ USD off 0.44% and the EUR/ GBP […]

Stock Trkr
Binary.com Daily Market Report (31st Oct)

Asian leads but Europe cautious Morning Report: 08.45 London • This morning, the Australian and New Zealand dollars are performing well following better than expected Aussie date overnight and the RBNZ keeping rates on hold. Japanese equities were boosted by the BOJ report which held no surprises. Things are different in Europe however as traders wait […]

Stock Trkr
Binary.com Daily Market Report (30th Oct)

Markets pause ahead of Fed Morning Report: 08.45 London • This morning, financial markets are treading carefully ahead of today’s FOMC meeting. Expectations are high for a positive move, but there is a danger that these expectations might go unfulfilled as the downside risk increases. • The Australian dollar is performing well this morning as is […]

Stock Trkr
Binary.com Daily Market Report (29th Oct)

China relieves concerns, but Aussie still dips Morning Report: 08.45 London • Overnight Chinese officials injected liquidity into their stressed system, relieving some pressure, but the Australian and New Zealand dollars are still falling this morning. This comes after comments from the RBA governor that implied that the Aussie was on the watch list for […]

Stock Trkr
Binary.com Daily Market Report (28th Oct)

Aussie leads as risk appetite rises Morning Report: 08.45 London • This morning, the Australian and New Zealand dollars are on the rise as risk appetite returns. The currency market’s main risk (and China) proxy is showing the most intent, up 0.45%, with the NZD/ USD up 0.37%. There was some encouraging data from China […]

Stock Trkr
Binary.com Daily Market Report (25th Oct)

China still calling the shots Morning Report: 08.45 London • After a reprieve yesterday morning, pressure continues to build on the Australian and New Zealand dollars as China worries return. The Yuan reached a 20 year high against the US dollar after speculation from Chinese decision makers that there will be no direct intervention in […]

Stock Trkr
Binary.com Daily Market Report (24th Oct)

Aussie rallies as China proxy Morning Report: 08.45 London • China continues to exert a powerful influence on the global stage, not least the Australian and New Zealand dollars which are increasingly becoming a proxy for Chinese economic prospects. With its mining boom (and slowdown) linked to the state of the Chinese economy, the Aussie […]

Stock Trkr
Binary.com Daily Market Report (23rd Oct)

Markets slip after NFP melt up Morning Report: 08.45 London • Yesterday, there were a few puzzled faces as markets ‘melted’ up on disappointing Non Farm Payrolls. This morning reality has crept in with markets on the back foot, a move further fuelled by China concerns.     • The Antipodean currencies of the Australian and New […]

Stock Trkr
Binary.com Daily Market Report (23rd Oct)

Markets slip after NFP melt up Morning Report: 08.45 London • Yesterday, there were a few puzzled faces as markets ‘melted’ up on disappointing Non Farm Payrolls. This morning reality has crept in with markets on the back foot, a move further fuelled by China concerns.     • The Antipodean currencies of the Australian and New […]

Stock Trkr
Binary.com Daily Market Report (22nd Oct)

Markets quiet ahead of delayed Non Farm payrolls Morning Report: 08.45 London • Stock market futures are as dead as a dodo this morning as markets await the release of October’s delayed US Non Farm Payrolls. The dollar index is unchanged since gapping higher slightly this morning.        • The yen pairs are leading the […]

Stock Trkr
Binary.com Daily Market Report (21st Oct)

Yen weak on wade trade deficit Morning Report: 08.45 London • This morning, the Japanese yen is weak after the trade balance unexpectedly widened, marking the 15th straight month of deficits.     • The British pound is performing relatively well, with the GBP/JPY up 0.34%.       • The New Zealand dollar is weak this […]

Stock Trkr
Binary.com Daily Market Report (18th Oct)

Dollar slips further despite China warnings Morning Report: 08.45 London • This morning, the dollar is extending recent losses, with stock markets making further gains despite mixed messages on the Chinese economy.            • The yen pairs are generally performing well after S&P affirmed Japan’s AA – credit rating.      […]

Stock Trkr
Binary.com Daily Market Report (17th Oct)

Dollar slumps as US extends and pretends Morning Report: 08.45 London • This morning, the US dollar is selling off heavily after last night’s US debt deal which merely say the deadline extended and borrowing carried over until February. Stock markets shot higher last night, but there is a general tone of risk aversion this […]

Stock Trkr
Binary.com Daily Market Report (16th Oct)

Kiwi setting the pace as US budget talks stall Morning Report: 08.45 London • This morning, markets are generally subdued as US budget talks continue to stall. The dollar index has been volatile, but still within a range that one might expect on a normal trading week.    • By contrast the New Zealand dollar […]

Stock Trkr
Binary.com Daily Market Report (15th Oct)

Aussie boost on rate outlook Morning Report: 08.45 London • This morning, the Australian dollar is on the rise after the release of the minutes from the last RBA meeting which indicated that a rate cut was not imminent.  The AUD/USD is up 0.43%, with the NZD/USD riding on its coat tails, up 0.35%.   […]

Stock Trkr
Binary.com Daily Market Report (14th Oct)

Markets hit by US Budget block Morning Report: 08.45 London • Markets gapped lower this morning after another weekend of deadlock in US budget negotiations. Now the best realistic short term hope is for a six week extension for negotiations.   • Stockmarket futures have gapped lower, as did the main yen pairs as risk […]

Stock Trkr
BetOnMarkets Daily Market Report (25th June)

  Read the Daily Market Report from Dave Evans, Professional Trader     China Crunch Intensifies Morning Report: 08.45 London • This morning the troubles in China have continued, with the Shanghai Composite trading lower by 5.1%. There were also reports of outages in Chinese cash machines adding fuel to the disquiet within the Chinese […]

Stock Trkr
BetOnMarkets Daily Report (18th June)

              Read the Daily Market Report from Dave Evans, Professional Trader     Hopes High For G8 Morning Report: 08.30 London • Markets have a positive bias this morning as the G8 summit rumbles on. The euro in particular is performing well after Greek politics were reduced to simmer […]

Stock Trkr
BetOnMarkets Daily Market Report 13th June

  Read the Daily Market Report from Dave Evans, Professional Trader     Strong Yen rebounds on growth fears. Morning Report: 08.30 London • This morning, the Japanese Yen is riding high as world markets sell off. Financial markets have been rocked overnight after the World Bank cut its 2013 global economic forecasts to 2.2% […]

Stock Trkr
BetOnMarkets Daily Market Report (11th June)

              Read the Daily Market Report from Dave Evans, Professional Trader     Yen Powers Back Morning Report: 08.30 London • This morning, markets are reversing yesterday’s trends with the yen powering back and the Australian dollar sinking to new lows. • The yen is generally stronger after the Bank […]

Stock Trkr
BetOnMarkets Daily Market Report (10th June)

              Read the Daily Market Report from Dave Evans, Professional Trader     Yen Slips On Strong Japan Data Morning Report: 08.30 London • There are two main movements to note this morning; the sudden yen weakness and the opening gap lower in the dollar pairs. The yen pairs […]

Stock Trkr