February 5th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European stock markets are again on the softer side this morning following hefty losses in the previous session and across US and Asian share markets overnight. Renewed euro zone debt concerns sparked by political instability in Spain and Italy have rattled investor sentiment, prompting […]
February 4th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Soft start for European stock markets this morning, supported by a strong session in Asian markets overnight with major indices in that region rising to some of their best levels in 18 months. China’s non-manufacturing PMIs over the weekend ticked to its highest level […]
February 1st, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European financial markets have kicked off the February on a brighter tone after ending the month of January on the soft side yesterday. But, heading into mid-day, equity indices and the euro pared session gains on the announcement of the smaller than expected repayment […]
January 31st, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist European stock markets are trading weaker on the last day of a spectacular month for risk assets due to losses on Wall Street overnight, sparked by an underwhelming US 4Q GDP report and uneventful but as expected Fed policy meeting. The Fed kept rates […]
January 30th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. Subdued start to a busy session for European markets Wednesday with traders holding fire ahead of some key economic releases. Earnings today are also a mixed bag, adding to the general lack of conviction to get involved. Much of the focus will be on […]
January 29th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. European financial markets are steady early Tuesday but again doing as investors are still pausing for breath following the bumper rally this month which has pushed markets to 5-year highs with US stocks particularly not far off their all-time highs. Traders again are awaiting […]
January 28th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. European financial markets kick off the week in an upbeat manner, helped by an advance in most Asian markets overnight and general bullishness with the US S&P500 index not too far from its all-time high. That said, with high profile earnings from both the […]
January 24th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. Commenting on today’s UK Q4 GDP figures, Andrew Edwards, CEO of ETX Capital said: “After the stunning albeit distorted Q3 GDP figures last year, today’s disappointing Q4 growth figures are a stark reminder of the poor condition of the UK’s economy and the difficulty […]
January 24th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. Thursday’s session in Europe is likely to see traders conflicted between positive and negative developments across the globe. The bulls and bears are in that case involved in a tug-of-war, leaving European markets flipping between small gains and losses. Apple’s disappointing 4Q earnings release […]
January 23rd, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. European stock markets are set for early gains, thanks to a respectable finish on Wall Street overnight and encouraging earnings from tech giants Google and IBM. Both companies beat estimates, lifting sentiment ahead of upcoming earnings later in the US from the likes of […]
January 21st, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. A firm finish on Wall Street Friday lends support to European financial markets this morning with traders taking heart in positive commentary by US lawmakers surrounding debt limit talks and better corporate numbers from GE and Morgan Stanley. So far 72% of the 67 […]
January 18th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. European stock markets are inching a little higher Friday, with traders weighing up poor earnings from US chipmaker Intel against strong economic data from China. 4Q GDP in China picked up, lifting commodity prices in overnight action – resource stocks in Europe are benefitting […]
January 17th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. European equities are trading little changed to slightly lower this morning more or less mirroring US and Asian markets, as the release of the Beige book last night didn’t reveal any surprises and instead confirmed as expected that the US economy is currently in […]
January 16th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. European equities are trading slightly lower this morning unable to recoup yesterday’s losses with pressure arising out of Asia overnight where the recent rapid ascent especially in Japan has come to an abrupt halt due to profit taking and a stronger Japanese Yen. Furthermore […]
January 15th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. European equities are trading mixed to lower this morning despite more good news out of Japan where the outgoing Bank of Japan Governor Shirakawa promised more ‘powerful’ easing in the months ahead to boost the economy and Fed Chief Bernanke downplaying fears during a […]
January 14th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. European equities are trading moderately higher in early trading starting the week out on a positive note on news out of Japan that the newly elected government is considering plans to buy foreign debt in excess of 500 Billion USD in order to weaken […]
January 11th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. After yesterday’s late sell-off in European trading, equities are starting the day out on a firmer note this morning benefitting from a strong close in US trading yesterday evening and from news out of Japan where a new fiscal stimulus package was announced by […]
January 10th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. The US now surpassing the EU as China’s largest trading partner will see stocks on Wall Street open modestly higher — we see the DJIA up around 30 points and the S&P500 higher by 4 points. Data from China showing an impressive trade surplus […]
January 9th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. Firmer footing for European markets this morning following a two-drop this week, providing value hunters with the opportunity to enter the market at lower levels. Alcoa’s encouraging 4Q numbers have lifted spirits across global markets, soothing some of those concerns in the previous session […]
January 8th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. Hesitation ahead of the start of US 4Q earnings season together with the looming showdown between US lawmakers over the unresolved fiscal cliff sent US and Asian share markets lower overnight. Europe is feeling the pressure too, with traders also uneasy ahead of some […]
January 7th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. Softer start to the week for European equity markets, pressured by weakness in Asian share markets overnight. With little to stimulate stock markets today given the lack of economic data and ongoing concerns about the next showdown between US lawmakers, traders are taking profit. […]
January 4th, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. European equity markets are trading moderately lower this morning after the release of the FOMC minutes last night surprisingly indicated that the support for QE3 in regard to how long the bond purchasing program should run isn’t as solid as previously thought with some […]
January 3rd, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. European equities are trading slightly lower this morning managing to hold on to most of yesterday’s impressive gains. Some support is coming out of China this morning where an important Non-manufacturing PMI showed a bigger than expected rise, providing yet more evidence that the […]
January 2nd, 2012, Daily Market Bite from Ishaq Siddiqi Market Strategist. HAPPY NEW YEAR!! Immense New Year relief rally for global financial markets following the passage of a bill in the US to avert the full force of the fiscal cliff. 2013 has kicked off with a bang with bulls in full control of price-action […]
UK Q3 GDP rose 1% versus expectations of 0.6%. Ishaq Siddiqi Market Strategist at ETX Capital shares his view. Visit http://www.etxcapital.co.uk/ Find us on social media to be kept up to date with the latest ETX Capital news: Facebook: https://www.facebook.com/#!/ETXCapitalGroup Twitter: https://twitter.com/#!/etxcapital LinkedIn: http://www.linkedin.com/company/445425?trk=tyah ETX Capital’s RSS site: http://my.etxcapital.co.uk/
This is an external video of the ETX Capital CEO Andrew Edwards being interviewed for Business Connection. Related Posts:Overview of the GBP/USD pair. October 23rd. Andrew Bailey… October 23, 2023 The GBP/USD currency pair also traded on Friday, seemingly reluctantly,…Overview of the GBP/USD pair. October 16th. Andrew Bailey… October 16, 2023 The GBP/USD currency pair […]
Related Posts:Analysis of EUR/USD. April 5th. There is still no positive… April 7, 2024 The wave analysis of the 4-hour chart for the EUR/USD…EUR/USD. November 6th. The bulls received favorable news November 6, 2023 The EUR/USD pair resumed its upward movement on Friday, consolidating…Bitcoin touches 36,000 in the FOMC aftermath – Crypto News November 2, […]
Related Posts:Analysis of EUR/USD. April 5th. There is still no positive… April 7, 2024 The wave analysis of the 4-hour chart for the EUR/USD…EUR/USD. November 6th. The bulls received favorable news November 6, 2023 The EUR/USD pair resumed its upward movement on Friday, consolidating…Bitcoin touches 36,000 in the FOMC aftermath – Crypto News November 2, […]
Related Posts:Analysis of EUR/USD. April 5th. There is still no positive… April 7, 2024 The wave analysis of the 4-hour chart for the EUR/USD…EUR/USD. November 6th. The bulls received favorable news November 6, 2023 The EUR/USD pair resumed its upward movement on Friday, consolidating…Bitcoin touches 36,000 in the FOMC aftermath – Crypto News November 2, […]
You can view more videos on our youtube channel: http://www.youtube.com/user/ETXCapitalTV or alternatively you can visit our website for more information: http://www.etxcapital.co.uk/spread-betting/faqs.aspx. Apply for an ETX Capital spread betting account today in just 3 minutes with no minimum deposit required! Visit http://www.etxcapital.co.uk/ Find us on social media to be kept up to date with the latest […]
