Read the Daily Market Report from Dave Evans, Professional Trader Australian dollar recovers strongly Morning Report: 08.15 London • Financial markets rallied well into the close last night, with some follow through buying in certain currencies this morning. The Australian dollar continues to out perform thanks […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets waiting for cues.Morning Report: 08.15 London • After heavy selling yesterday, financial markets are flat this morning despite Australian inflation data coming in below estimates overnight. • The mai n mover so far is the […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets attempt rally, but euro still lags.Morning Report: 08.00 London • After heavy selling yesterday, financial markets are looking more stable despite negative outlook revisions for Germany’s credit rating last night. Improving Chinese manufacturing PMI has […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets plunge on Spain bailout fearsMorning Report: 08.00 London • Markets have started the new week in the worst possible fashion with a broad based sell off building momentum. Last week ended with fears over global […]
Read the Daily Market Report from Dave Evans, Professional Trader Rally runs out of steamMorning Report: 08.00 London • Risk assets have rallied well this week, but the buying interest appears to have run out of steam in the last 24 hours. This morning, the Japanese […]
Read the Daily Market Report from Dave Evans, Professional Trader Gold rebounds but euro questions remain Morning Report: 08.00 London • Yesterday saw some strong buying action, but the euro and gold still lagged. This morning gold is finally coming to the party, with a rise […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets stable after late evening rally Morning Report: 08.00 London • Last night financial markets rallied into the close, helping to undo a lot of the negative sentiment following Ben Bernanke’s testimony. This morning, financial markets […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie dollar breaks away Morning Report: 08.00 London • This morning, financial markets have a positive bias with the Australian dollar breaking away from the rest of the pack following the release of the minutes from […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen dictating early trading Morning Report: 08.00 London • This morning, the Japanese yen is leading the early movements on currency markets with all the major yen pairs down so far today. The USD/ JPY is […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets rebound despite China GDP slowdown. Morning Report: 08.00 London • This morning financial markets are finding some support despite China GDP slowing to its lowest level since 2009 (though in line with analyst’s expectations). • […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets on Australian data Morning Report: 08.00 London • This morning financial market’s wings have been clipped following worse than expected Australian economic data in the early hours of the morning. Added to this, last night’s […]
Read the Daily Market Report from Dave Evans, Professional Trader Gold leads rebound trade Morning Report: 08.00 London • After some heavy selling into the close last night, financial markets are attempting a rebound this morning. This seems to be more short position covering rather than […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro hope slips back Morning Report: 08.00 London • The recent euro summit induced confidence is slowly being eroded as financial markets take another step back this morning. The Spanish bailout is front and centre again […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro leads early rebound Morning Report: 08.00 London • The weekend was largely free of bad news from Europe and as a consequence, the rebound trade is setting in for the euro following last week’s sharp […]
Read the Daily Market Report from Dave Evans, Professional Trader Analysts looking for US employment lift Morning Report: 08.00 London • This morning we have the release of one of the most important economic items for the month – US Non Farm Payrolls. Analysts are expecting good […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets wait for the ECB Morning Report: 08.00 London • This morning financial markets have a negative bias ahead of a very busy day on the economic calendar. The main item is the expected rate cut from […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets wait for the ECB Morning Report: 08.00 London • This morning financial markets have a negative bias ahead of a very busy day on the economic calendar. The main item is the expected rate cut from […]
Read the Daily Market Report from Dave Evans, BetOnMarkets Market Strategist. Morning Report: Stand by for action Morning Report: 07.45 London • Forex markets are quiet, with the US dollar regaining a little of the significant ground lost yesterday. This is especially the case with […]
Read the Daily Market Report from Dave Evans, BetOnMarkets Market Strategist. Morning Report: Aussie slumps, Canadian dollar holds firm Morning Report 07.30 London • Forex and US stock markets were open yesterday, but today will be seen by many as the first proper trading day […]
Read the Daily Market Report from Dave Evans, Professional Trader Greek concerns subdue early moves… Morning Report: 08.00 London • While yesterday saw some good buying action on some ‘risk on’ assets, the euro was weak on a relative basis. The main lingering concern is over the […]
Read the Daily Market Report from Dave Evans, BetOnMarkets Market Strategist. US Dollar versus the Euro • Today’s big U.S. Dollar move versus the Euro on the threat French bank downgrades and riots in the streets of Greece has me thinking about their respective Exchange Traded Fund proxies, UUP and FXE. Of […]
