Markets update Monday 1st. July 2019 – closing positions I trade these indices on a daily basis DOW closed 1st July at: 26717 S&P 500 closed at: 2964 FTSE 100 closed at: 7497 DAX closed at: 12521 NASDAQ closed at: 8091 NIKKEI closed at: 21754 The positive outcome of theRead More →
The price of gold per ounce slipped back after U.S. and China agreed to resume trade talks. Safe-havens are in less demand as equity markets received a lift from the trade truce agreed Saturday 29th. June 2019 between President Trump and President Xi Jingping at the G-20. GOLD: $1,390.00 atRead More →
Today’s fall in UK manufacturing PMI data should not come as a surprise The lack of coherent leadership surrounding the UK’s exit from the European Union continues to bring uncertainty that is heavily corroding the confidence and ability of businesses and customers alike to make informed investment decisions in theRead More →
Mainland China markets climb in positive reaction to President Trump and President Xi Jingping as they return to trade discussions. For now, a damaging trade tariff escalation is on hold. Japan’s NIKKEI climbed to close up at: 21730 gaining 2.13% on the day. U.S. – DOW futures gain 200 ptsRead More →
Economic calendar 1st. July 2019 economic calendar main scheduled events likely to move markets today… General overview – markets futures climb. Relief ‘lift benefit’ from U.S. China restarting trade talks. China – PMI data U.S. – OPEC meeting Germany – Employment & PMI data due 09:00 (BST) UK – PMIRead More →
A trade war truce agreed for the second time between U.S. & China at the G-20 summit in Japan. Tariffs are put on hold paving the way for renewed trade discussions. Market analysts and pundits alike predicted this outcome – not too difficult to call as the alternative would haveRead More →
Markets update Friday 28th June 2019 – closing positions FTSE 100 closed at: 7425 – up 23 pts DOW closed at: 26599 – up 72 pts S&P 500 closed at: 2932 – up 8 pts NASDAQ closed at: 8006 – up 38 pts DAX closed at: 12399 – up 128Read More →
Facebook announces cryptocurrency contender, Libra. Main points Libra is due to launch early 2020 It will not be run by Facebook (according to Facebook). A new subsidiary company will be created, Calibra, enabling users to create digital wallets to buy, store and exchange the cryptocurrency. The name Libra originates fromRead More →
Markets round up today – 27th June 2019 U.S. & China G-20 meeting in focus FTSE 100 closed at: 7402 – (down 14 pts from 26th) DOW closed at: 26526 – (down 22 pts from 26th) S&P 500 closed at: 2923 – (up 9 pts from 26th) NASDAQ closed at:Read More →
Economic calendar main scheduled events likely to move markets today… UK – GDP figures due at: 09:30 (BST) EU – Consumer price index due at: 10:00 (BST) U.S. – Personal income, spending and consumption data due at: 13:30 (BST) U.S. – PMI Purchasing Managers Index data due at: 14:45 (BST)Read More →