Category Archives: Uncategorized

Pound muted after typical UK jobs report

  The latest UK labour market report for May/ June was more of the same: the unemployment rate remains at a record low of 4.2%, yet wage data stubbornly refuses to go anywhere. The bright spot is job creation, which continues to defy expectations. The UK economy has created more jobs than expected in the

A Blip on NASDAQ Techs?

      The NASDAQ took a bit of a hit, due to a sell-off in a number of tech heavyweights including Apple, Alphabet (remember when Google rebranded?), Facebook and Microsoft. This was on the back of the US dollar sliding slightly, despite news that the US Federal Reserve was likely to increase interest rates

February (WK3) Market Update

This week we watched the currency market staying within the same ranges as no decision came from the Greek government nor the European Parliament. The ranges were fully maintained and there wasn´t any obvious opportunity to trade. It should be the time chance to review our trades and backtest as well as a great opportunity

July Trading Update (week 3)

U.S. stocks fell on Thursday, after the Dow Jones Industrial Average closed at a record this week, as Ukraine said rebels shot down a passenger jet near its border with Russia. The Standard & Poor’s 500 Index (SPX) fell, The Dow slipped and the yen strengthened across the board and to a five-month high against the euro after reports on the plane crash surfaced,

Market Update 2014 July – week 1

Job growth blew past expectations and the unemployment rate fell to the lowest level since before the financial crisis peaked six years ago, creating a firm foundation for a stronger U.S. economic expansion. Payrolls rose by 288,000 workers following a 224,000 gain the prior month that was bigger than previously estimated and the unemployment rate fell to