European markets have opened mixed today, as investors await the outcome of the European Central Bank meeting and US non-farm payrolls data due later in the day. Closer home, traders will keep a tab on UK Markit services PMI data which is expected to show a marginal drop in June. Additionally, market participants will track […]
European markets have opened mixed today, after modest gains in the previous session. Investors await Eurozone final GDP and producer prices along with US ADP jobs data due later today for further direction. Closer home, data released by Nationwide indicated that house prices in the UK rose more than expected in June. Later today, investors […]
European markets have opened in the green today. Traders await a raft of Eurozone and US macroeconomic data, including Eurozone consumer price inflation and US pending home sales, due later in the day for further direction. Closer home, traders will eye a report on mortgage approvals which are expected to drop to 61.8 K in […]
Hi all, Welcome to the Final Beat the Broker entry. It’s been really fun trading this week, amidst a reasonably challenging market. Volatility has been quite low; it’s been difficult to find opportunities since the signals haven’t really been there. The trading method I’ve used has been to scale into positions but run pretty tight […]
European markets have opened in the green today. Traders await a raft of Eurozone and US macroeconomic data, including Eurozone consumer price inflation and US pending home sales, due later in the day for further direction. Closer home, traders will eye a report on mortgage approvals which are expected to drop to 61.8 K in […]
Welcome to the final day of Beat the Broker It was a reasonably good night for me last night. I was left long on the S&P after a day of travelling and trading on my iPad, so apologies for no video yesterday. The S&P markets rallied overnight, so my S&P limits got taken out leaving […]
European markets have opened marginally higher today. A slew of European macroeconomic releases, especially the German consumer price inflation and Eurozone sentiment indices data, are likely to attract significant market attention. Closer home, a report from GfK indicated that UK consumer confidence rose to its highest level since March 2005 in June. Meanwhile, a survey […]
European markets have opened in positive territory today, tracking overnight gains on Wall Street, as weak US GDP data eased concerns over an early interest rate hike in the country. Closer home, investors will keep a close eye on the Bank of England’s financial stability report and Governor Mark Carney’s speech due later today. Additionally, […]
European markets have opened in negative territory today, mirroring losses on Wall Street and in Asian markets, as geopolitical concerns in Iraq intensified following reports that Syrian aircrafts conducted air strikes against ISIS military targets in western Iraq. Closer home, traders will track the Confederation of British Industry’s distributive trades survey data due later today. […]
Yesterday was a tricky day for trading. I spent most of my day trying to get my positions running; particularly my Euro positions. I moved my stops higher as the market went in, so I managed to lock in some good profits on the EURUSD. I went in again later in the day but I […]
A good day trading yesterday with a 10% increase in my liquidation value. Yesterday’s core positions included going short on the UK 100 index and USD. I tried to enter EURUSD but got stopped on tight stops a couple of times, until eventually getting the position onside and moving my stops up. Added to short […]
European markets have opened in the green today. Later, market participants are expected to keep a close eye on German Ifo sentiment indices data for further direction especially after yesterday’s dismal manufacturing and service sector data across the Eurozone. Closer home, traders will track BBA mortgage approvals data along with speeches from Bank of England […]
Welcome to “Beat the Broker”! For one week only I’m giving ETX clients the opportunity to go head to head against me in the Beat the Broker trading competition. I’ll be posting a blog and video diary of my trades each day as well as a leader board of the top traders so you can […]
European markets have opened mostly lower today, ahead of manufacturing and services activity data across the Eurozone and as market participants continue to monitor developments in Iraq. Earlier, data showed that Chinese manufacturing activity expanded in June. With no domestic macro releases today, traders will also eye US manufacturing and existing home sales data for […]
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European markets have opened slightly lower today, as investors closely eye developments in Iraq for further direction. Closer home, traders will track UK public sector net borrowing and public sector net cash requirement data. Additionally, market participants will focus on Eurozone consumer confidence data which is anticipated to show an improvement in June. Related Posts:Video […]
European markets have opened in positive territory, mirroring overnight gains on Wall Street, after the US Federal Reserve stated that the US economic recovery is gaining traction and reiterated its commitment to maintain its accommodative monetary policy stance. Closer home, investors will focus on UK retail sales and CBI’s industrial trends survey for selling prices […]
European markets have opened higher today, tracking overnight gains on Wall Street, and as investors await the outcome of the US Federal Reserve’s (Fed) monetary policy meeting in which the Fed is widely expected to announce further reduction in its bond purchase programme. Moreover, traders will pay close attention to the Fed Chief, Janet Yellen’s […]
European markets have opened in the green today, after two consecutive sessions of losses triggered by rising geopolitical tensions in Iraq. Meanwhile, a positive lead from US markets lifted investors’ sentiment. Closer home, investors will track UK consumer price inflation data which is expected to show an easing trend in May. Additionally, traders will eye […]
European markets have opened in the red today, adding to last week’s losses, as tensions in Iraq escalated after Sunni insurgents captured the northwestern city of Tal Afar on Sunday. Closer home, data from Rightmove indicated that house prices in the UK rose at a slower pace in June. With no domestic macroeconomic releases later […]
European markets have opened in the red today, as tensions in Iraq escalated amid reports that Sunni Islamist militants took control of the Iraqi cities of Mosul and Tikrit. Earlier, the Bank of England’s Governor, Mark Carney, indicated that the UK central bank might raise its interest rates sooner than expected. Later today, the US […]
European markets have opened marginally higher today, ahead of a slew of US and European economic data, including Eurozone industrial output and US retail sales, due later in the day. Closer home, data from the Royal Institution of Chartered Surveyors indicated that UK house prices rose more than expected in May. Later, a speech from […]
European markets have opened mostly lower today, as traders opted to remain on the sidelines amid lack of fresh catalysts. Moreover, the World Bank lowered its 2014 global growth forecast, highlighting concerns over Ukraine and harsh winter in the US. Closer home, investors will keep a close eye on data which is widely expected to […]
European markets have opened mostly lower today, as traders took a breather after a three-day winning streak triggered by fresh stimulus measures from the European Central Bank. Earlier today, data indicated that China’s consumer price inflation accelerated in May. Closer home, investors await today’s industrial and manufacturing production data which is expected to show an […]
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European markets have opened higher today, extending their previous week’s uptrend, following strong Chinese trade and Japanese GDP data. Additionally, Friday’s encouraging US non-farm payrolls report supported investors’ risk appetite. In the absence of any major domestic macroeconomic data in the day, traders await the Eurozone Sentix investor confidence index data which is expected to […]
European markets have opened higher today, as a series of stimulus measures from the European Central Bank announced yesterday continued to boost investors’ sentiment. Later today, traders will shift their focus on US jobs data which is expected to show a slowdown in hiring in May. Closer home, market participants will keep a tab on […]
European equity markets were broadly flat early Thursday as market participants refrained from taking bold bets ahead of what could be one of the most historical European Central Bank policy meetings, expected later. Data this week from the euro area showing declines in business activity and further falls in inflation certainly warrant policy action by […]
European stock markets edged lower Wednesday as market participants digested another soft data report from the Euro area ahead of the closely-watched European Central Bank meeting on Thursday. Negative closes in Wall Street on Tuesday and weak trade in Asian markets overnight added further pressure on price-action this Wednesday morning here in Europe. After Tuesday’s […]
