Category Archives: Market Overview

Turkey bailout fails to boost TRY, as Italy weighs on the euro

  The Turkish lira is the worst performing currency in the FX space today after a spokesman for the German Chancellor ruled out financial assistance for Erdogan’s government. Considering today sees the final tranche of bailout money handed out to Greece, it is unlikely to be one in, one out on the bailout front if

Idea of the day: Can Apple save tech?

  Apple will announce its earnings at 2130 BST this evening, and it is easily the biggest event for stock markets today, even this week. After some big earnings misses from the likes of Netflix, Facebook and Twitter, the heat is on for Apple to deliver at least the $2.18 earnings per share that the

Week Ahead: 30th July 2018

    Central banks and data deluge to drive August markets   As we start a new week the Vix index (Wall Street’s fear gauge) is sitting at 13.45, a notch below the average of the past 12 months, which comes in at 13.68. However, this figure is worth watching, as it could end the

Idea of the Day: Can we reach 3,000 in the S&P 500?

    The S&P 500 may have made a fresh 4-month high this week, but we have seen more tentative moves from investors – one day up, one day down.  The daily price moves remain small, which is why the Vix (volatility index) remains at a low level. The index is hovering around the 2,800 level,

UK retail sales: blame it on the weatherman…

  The UK retail sales report was much weaker than expected, with headline sales falling 0.6% in June, the annual rate of sales growth slowed to 3% from 4.4% in May. Although retail sales figures can be volatile, there is a growing sense that the UK economy is slowing down sharply, and with the political

New Year New Life: Goals to set your Trading journey to a successful 2018 start

  Dear Traders   We are saying good bye to 2017 and some of you are celebrating your accomplishments while others are reviewing their progress and some are wondering if they can bring their A game to their Trading accounts.  Wherever you are I can assure you that you are not alone in that situation

2017 in Review

  For me, the story of the year is in interest rates. Rates are key to the movement of currencies, being that currencies are very susceptible to interest rate movements as they are an interest rate bearing product. Across the globe we have had slow rising growth and that has been key to certain economic