May 10th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European stock markets continued to advance on Friday with key indices posting fresh highs for the year, the FTSE100 firmly above the 6600 level, the DAX now above 8300 while US stock futures indicate a firm open this afternoon despite the lack of economic […]
May 9th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Stock markets are pausing for breath today after racking up fat gains over the past few sessions which has seen the DAX in Germany print new all time highs, the FTSE100 in the UK edging closer to the 6600 level, not too far off […]
May 7th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened mixed this morning and continued to consolidate the previous week’s gains, amid caution ahead of first-quarter earnings by some of Europe’s largest banks. Meanwhile, the BRC reported that its shop price inflation index in the UK fell to a three-and-a-half […]
May 3rd 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened mostly mixed this morning, as investors awaited the release of US non-farm payrolls data to get clarity over the picture of job growth. Meanwhile, economists expect the UK services PMI index to remain unchanged at reading of 52.4 in April […]
April 1st 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, as investors awaited the outcome of the Federal Reserve’s two-day meeting which is expected to throw clarity over the stance on monetary policy. However, gains were muted, in the wake of thin trading as many markets in […]
April 30th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, as investors speculated that meetings of US Federal Reserve and the ECB this week will confirm continuation of loose monetary policies. Meanwhile, the new Italian Government headed by Prime Minister Enrico Letta will face a confidence vote […]
April 29th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, as the appointment of Enrico Letta as the new Prime Minster of Italy ended the political impasse surrounding the nation for the past two months. Meanwhile, at a debt auction today, Italy aims to sell €2.0-€3.0 billion […]
April 26th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened lower this morning, as investors preferred to wait on sidelines ahead of the release of the US GDP data for the first quarter, slated to be released later during the day. Stocks also came under pressure as the Bank of […]
April 25th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened mostly mixed this morning, as investors took a breather following strong gains made in the past two sessions and ahead of a busy day for company earnings. Meanwhile, ahead of the release of the first quarter UK GDP, majority of […]
April 24th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Strong gains overnight in US and Asian markets together with mounting speculation over an ECB rate cut next week provide support to European markets this morning. However, traders are cautious ahead of German IFO survey due soon which is expected to show weakness in […]
April 22nd 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, tracking gains in Asian markets, after investors interpreted an absence of criticism by G20 nations for the Japanese stimulus polices as support for the same. Meanwhile, IMF Managing Director Christine Lagarde downplayed fears that Slovenia is set […]
April 19th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, tracking gains in Asian markets, and as buying interest emerged among investors following steep losses earlier this week. However, investors remain cautious, ahead of the outcomes of the G-20 meeting in Washington and the third round of […]
April 16th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened lower this morning, extending their losses to a third straight session, as global growth concerns, a heavy sell-off in commodities and two explosions at the Boston Marathon hampered investor sentiment. Meanwhile, investors are expected to keep a close eye on […]
April 15th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened lower this morning, following their Asian counterparts, as weaker-than-expected Chinese economic data sparked concerns over the pace of global economic growth. Earlier, Rightmove reported that, on an annual basis, the house price index in the UK rose 0.4% in April, […]
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Learn how to use the chart properties tool in the online forex platform, Metatrader 4. This can allow you to customize your charts and even save them later for templates and profiles.
April 10th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European share markets are broadly higher, helped by a surprise jump in French industrial production data, helping the euro reach a fresh one-month high versus the dollar. A strong finish in Asian markets overnight also provides support for European indices as investors welcomed news […]
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April 9th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, as US earnings season kicked off to a good start after economic bellwether, Alcoa, reported annual growth in its first quarter profit which topped market estimates. Traders were also encouraged by a weakening of the Chinese annual […]
April 4th 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Cautious start for European stock markets this morning with investors reluctant from building risk exposure ahead of central bank meetings from the BOE and ECB together with PMI services data from the region before that. The BOE are expected to keep policies on hold […]
April 3rd, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened lower this morning, as political stalemate refused to abate in Italy. Risk appetite also retreated after Verizon Communications denied intention to merge with or make an offer for Vodafone Group, to which investors had responded positively in the previous session. […]
