US Market Update: Dow +43 S&P +2.9 NASDAQ -2.2

US Market Update: Dow +43 S&P +2.9 NASDAQ -2.2
The surprisingly strong advance Q4 GDP data and better-than-expected confidence and regional PMI data added to early [...]

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Do not get too exited about the US GDP figures

Do not get too exited about the US GDP figures
Five point seven percent. The US economy didn#8217;t grow that fast since the third quarter of [...]

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FX Trading – The Short Case for Dumping Gold Here

FX Trading – The Short Case for Dumping Gold Here
I just love the Mae West quote above. Funny thing is that many gold bugs [...]

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Futures Technical’s

Futures Technical’s
SP 500 Futures: The sigma channels have widened substantially over the last week as the selloff has gained momentum. We also note that [...]

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European market Update: Renewed rumors of a potential Greek bailout plan aids risk appetite

European market Update: Renewed rumors of a potential Greek bailout plan aids risk appetite
In equities: Equities in Europe opened on a bounce-back from yesterday’s broad [...]

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KBC: CEE currencies holding up well despite rising risk aversion

KBC: CEE currencies holding up well despite rising risk aversion
The EUR/CZK moved further north yesterday as the pair surprisingly decoupled from it regional peers. Given [...]

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BFI: Currency market commentary

BFI: Currency market commentary
EURUSD Due to quick reaction of demand from support at 1.3920 this currency rate was pick up to firm resistance at 1.3950 [...]

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Asian Market Update: Strong Samsung and Kia results, signs of recovery in Japan inflation and employment cannot revive equity rally; EUR/USD makes new lows; India raises Cash Reserve by 75bps above 50bps estimate

Asian Market Update: Strong Samsung and Kia results, signs of recovery in Japan inflation and employment cannot revive equity rally; EUR/USD makes new lows; India [...]

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DAILY FOREX AND DOW JONES RECOMMENDED LEVELS

DAILY FOREX AND DOW JONES RECOMMENDED LEVELS
EUR/USD Today#8217;s support: – 1.3961(main), where correction is possible. Break would give 1.3944, where correction also may be. [...]

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US Market Update: Dow -160 S&P -17 NASDAQ -51

US Market Update: Dow -160 S&P -17 NASDAQ -51
Markets opened right at yesterday’s closing highs and then headed straight down as another round of strong [...]

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