Commodities Await Yellen’s Testimony

February 27, 2014 – Commodities News Gold fell yesterday after better than expected data from America revived investor confidence in US assets – reducing the need for a safe haven. Good has been mixed today during the Asian session mostly due to trader anxiety of today’s testimony from Janet Yellen. Though the Fed has emphasized […]

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Daily Market News: February 27, 2014

February 27, 2014 – Daily Market News Today’s Hot Assets: USD, Gold US stocks were little changed at the end of yesterday’s US session. New Homes Sales came out higher than predicted showing a 9.6% increase in sales during the month of January. The data was positive but comes at a time of recent weak […]

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Currency Markets Range In Anticipation of American Data

February 27, 2014 – Forex News EUR/USD   The EUR/USD went down yesterday in anticipation of US New Home Sales, which turned out better than expected. Today, the pair has retraced a small amount of these losses – though it is beginning to range in anticipation of data coming out later today. This morning, pay […]

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Sears Holdings Moves Into The Investor Spotlight

February 27, 2014 – Stock Market News Today’s Hot Asset – Sears Holdings Stocks in Asia followed on from yesterday’s session by trading mixed. Investors within the region were filled with caution, as they wait to see what Janet Yellen has to say later in her testimony. This uncertainty amongst investors created the mixed movement. […]

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FTSE Down After Negative Data In The UK

February 26, 2014 – Indices News Asian markets were mixed during the Asian session. The poor US economic data has taken a toll on the USD, causing the JPY to rally against the world’s reserve currency. As a result Japanese stocks declined; causing the Nikkei to fall from a four- week high. In the later […]

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Markets Mostly Flat Amid Ukraine Worries

European markets have opened mostly flat today, amid rising political tensions in Ukraine and as investors remained cautious ahead of the US Federal Reserve Chief Janet Yellen’s testimony and a raft of macro releases across Europe and the US. Closer home, traders are expected to keep a tab on Lloyds Business Barometer data. Related Posts:Gold […]

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Metals Face Short Term Downward Pressure

February 26, 2014 – Commodities News Copper has been fluctuating today as traders continue to evaluate downside risk after yesterday’s currency crisis in China. As China is the world’s largest consumer of copper at 40% of global demand, contractions in economic activity can cause substantial drops in the price of copper. Given the Chinese governments […]

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U.S. Stocks Set To Open Higher As Investors Await Data

February 26, 2014 – Stock Market News Today’s Hot Asset – Disney Stocks in Europe are currently trading lower today. Investors within the region are feeling slightly pessimistic today, as they consider the future of China’s economy. Even positive German consumer climate data being released was not enough to bring optimism back to the market. […]

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British Pound Watched Closely Before GDP Data

February 26, 2014 – Forex News Hot Asset For Today: GBP/USD The EUR/USD traded choppy during Tuesday’s session with no real change in price by the end of the day. As of the beginning of the week the pairing has essentially not changed, and as a result, it appears that the market is simply grinding […]

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British Pound Closely Watched Before GDP Data

February 26, 2014 – Forex News   Hot Asset For Today: GBP/USD The EUR/USD went up and down during the session on Tuesday, but to a larger extent no real change in price by the end of the day. As of the beginning of the week the pairing has essentially ended of unchanged, and as […]

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Daily Market News: February 26, 2014

February 26, 2014 – Daily Market News Today’s Hot Assets: USD, Oil Stocks fluctuated after mixed US data and after companies reported higher than expected earnings. Macy’s and Home Depot rose more than 2.4 percent and Tesla Motors Inc. gained 18% as Morgan Stanley more than doubled its projected price for the stock. At the […]

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First Time Ever — in 300 Years of Stock Market History

The stock market’s current big picture price pattern has never before been seen in 300 years of stock market history. Learn why you need to prepare to batten down the hatches. Learn more with our just-introduced two-week trial of EWI’s Financial Forecast Service, including instant access to the December, January and February Theorists. Get started […]

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Comment: European Markets Weak Again; Traders Wait For More Cues

Cautious financial markets in Europe; equities drop again, gold weakens and core government bonds in favour. FX markets steady with US stable and EUR holding ground. Market participants unenthused by performance of Asian and US markets overnight – on Wall Street, the S&P500 failed to make further big moves to the upside. Data out of […]

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Markets Flat; China in Focus

European markets have opened mostly unchanged today, amid concerns over China’s economy. Closer home, market participants will keep a close eye on the release of GDP data which is expected to show that the UK economy expanded 0.7% in the fourth quarter of 2013, in line with the first estimate and compared to a 0.8% […]

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US Indices Dropping After Consumer Confidence Report

February 25, 2014 – Indices News The Asian session was trading mixed today as stocks were still reacting to yesterday’s key data. The equity market initially started of increasing as traders turned to stocks after having seen the US indices finish higher yesterday. In addition traders also turned to shares as the USD rallied against […]

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Crisis in China Weighs On Commodities

February 25, 2014 – Commodities News Gold fell earlier today after the Chinese yuan experienced its largest decline in three years. As the world’s second largest economy is responsible for most of the demand for physical gold, any worries in the Middle Kingdom hurt the yellow metal’s prospects. However, since then, gold has been rising […]

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Stocks Falter As Data Is Mixed

February 25, 2014 – Stock Market News Today’s Hot Asset –EBay Stocks in Asia traded sharply higher during the early trading session today. Investors within Asia were given a much needed boost of confidence following a strong performance by stocks within the U.S. overnight. This created lots of good call positions for binary options traders […]

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Yen Climbs Most Against Dollar in a Week

February 25, 2014 – Forex News Today’s Hot Asset: EUR/USD  The euro edged slightly lower against the dollar yesterday despite a solid German Business sentiment report.  The euro gained some support after the German IFO said its business climate Index came in high.  Although German firms are benefiting from high export demand, emerging market volatility concerns […]

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Daily Market News: February 25, 2014

February 25, 2014 – Daily Market News Today’s Hot Assets: USD, Gold, Oil  Yesterday, mergers and acquisitions activity and a positive German confidence data sent stocks higher. Regulators also proposed cutting Medicare rates which was bullish news for healthcare stocks and insurance companies. After reaching a record during mid-trade, the S&P 500 lost some of […]

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Comment: European Markets On The Soft Side As Investors Take Cash Off The Table

Wall Street’s advance overnight thanks to Fed chair Yellen reiterating her pledge to support her predecessor’s stimulus policies. Despite some poor US economic data [poor weather still being blamed] the S&P500 index rose to 1847, about a point away from its record close registered last month. The US market was also propped up by the […]

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Markets Lower Ahead of Economic Data

European markets have opened lower today, as investors remain on the edge ahead of a slew of economic reports from European nations and the US. Closer home, market participants are expected to keep a close eye on the release of mortgage approvals and CBI distributive trades survey data. Additionally, economic growth forecasts by the European […]

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S&P Touching It`s All Time High

February 24, 2014 – Indices News The Asian session started of in negative number as traders were tracking the poor Chinese real-estate investment figures that were released. Traders are worried that these figures are indicating poor economic growth especially with so many emerging markets depended on Chinese demand. This report has caused asian stocks to […]

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Stocks Edge Higher As Volumes Remain Lower

February 24, 2014 – Stock Market News Today’s Hot Asset – HSBC Holdings Stocks in the U.S. have opened the day trading higher in the first session of the week. Investors are being able to trade on equities today with a free mind, as there is no important regional economic data due to be released […]

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British Pound Dropped To 10-Day Low

February 24, 2014 – Forex News Hot Asset For Today: EUR/USD The euro ratified daily losses against the greenback on Friday. This was due mainly to the slump in sales of US homes which lead to greater concerns that the severe weather conditions, to a certain extent, may have hindered the growth of the US […]

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Daily Market News: February 24, 2014

February 24, 2014 – Daily Market News Today’s Hot Asset: EUR Following weak US Existing Home Sales data on Friday, US stocks moved lower; The S&P 500 and Dow Jones both declined 0.19%. The Federal Reserve have continually stated that they will pay close attention to data when deciding the pace at which it will […]

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British Pound Dropped To Its 10-Day Low

February 24, 2014 – Forex News Hot Asset For Today: EUR/USD The euro ratified daily losses against the greenback on Friday. This was due mainly to the slump in sales of US homes which lead to greater concerns that the severe weather conditions to a certain extent may have hindered the growth of the US […]

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Binary Options Weekly Outlook: February 24 – February 28

February 24, 2014 – Weekly News WEEKLY REPORT 24/02-28/02 EUR/USD Last week the EUR/USD pair slightly increased by 0.6%, however the movement is more consider to be sideways then upwards. The pair kept the whole week its price between support and resistance and despite several important fundamental releases the pair did not move significantly. The […]

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Markets Track Asian Losses

European markets have opened lower today, tracking losses in major Asian markets and on Wall Street. Meanwhile, ECB president Mario Draghi reiterated the central bank’s willingness to introduce further stimulus if Eurozone’s inflation outlook worsens. With no release of major domestic economic data during today, investors will keep a close eye on Eurozone consumer prices, […]

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S&P Closing In On Its All Time High

February 21, 2014 –  Indices News Traders have turned to Asian stocks after the U.S manufacturing report released much better figures than expected. Traders were looking ahead for this report as recent bad data was blamed on poor weather conditions. The report highlighted the fastest overhaul in the U.S manufacturing sector since 2010. This boosted […]

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