Asian stocks traded in positive territory overnight, with the benchmark rebounding from a five-week low as data showed an improving US factory output. Bargain hunters bought up cheap stock overnight as investors risk appetite improved. European futures however, are showing a negative open, with the FTSE opening down 12 points to 6558. European markets are…
Investors en masse certainly seem to have been caught on the wrong foot since the start of the New Year as global stock markets have been both volatile and in a sustained downtrend ever since 2014 kicked off. In fact, stats out showing that retail investors in the U.S pulled the most out of equity…
The first observation to make about how the outcome of the feared referendum has affected prices is to a distinct lack of fear and selling. Perhaps surprisingly, futures are stable, trading in line with where appetite left off before the weekend. And the havens reflect the same, with gold and dollars not much more in…
Interestingly enough, it was only earlier this week that I discovered that I had been blocked from following the Gulf Keystone Twitter feed! This may have been something to do with a rather bearish technical target that I came up with on the stock last year, one that clearly did not go down that well…
The European and American losses that occurred yesterday continued throughout the Asian session with the Nikkei falling to a 1 month low as risk-averse investors pull their positions and seek safe havens due to the flared up issues that surround Ukraine and the slowdown in China. The Dow Jones dropped over 230 points throughout its…
Perhaps on a purely intuitive basis, it could be said that with the Russia / Crimea / Ukraine situation, and additionally the Federal Reserve Tapering of QE that is underway, that the U.S. dollar should be “king of the castle” as far as the currency crosses are concerned. While this may indeed yet prove…
