chart du jour – just who is buying the record highs?
Does retail ever learn..?
Does retail ever learn..?
The increasing volatility seen in the Chinese yuan against the US dollar recently and fall to 18 month lows overnight has, irony of ironies, prompted the leaders of some of the G20 countries to point the finger at the PBOC and accuse them of a desperate attempt at currency manipulation to stave off the impending…
When I’m looking at the screens each day, I notice there’s some selling capitulation occurring that makes me think back to 2000, when the technology stocks imploded. Now, while I doubt we are seeing a repeat of 14 years ago, you have to wonder about the mad dash to the exits for many of the…
Asian markets had a slight hiccup throughout the night as Chinese manufacturing PMI came in below forecasts at 50.4, slightly up from last month however not enough to exceed consensus. All eyes were on the Fed’s Open Market Committee last night as the bond-purchasing programme was tapered by a further $10bn. We look set for…
To some observers, it would seem that as far as Spreadbet Magazine is concerned April 30, 2014 has similar potential connotations to other infamous dates in history such as the Mayan Prophecy’s Dec 21 2012 end of the world prediction! As the guide at the foot of this piece relays, using a collection of research…
Asian shares fell slightly throughout the night as the Bank of Japan monetary policy was left unchanged, a move which was widely expected beforehand. By unchanged, this means the monetary policy is set to increase by ¥60-70 trillion per year. Looking to the day ahead, we look set for a busy day of trading with a…
Past performance is not necessarily a guide to future performance.