0.0 00 Friday afternoon, the investors were cheered when the United States released key labor data which showed their labor force added 287,000 new jobs in the month of June. After the news hit the wires, …
Read More »French Stocks Move Lower for the Third Day in a Row
0.0 00 CAC 40 (4,085.30) Points to consider with the French stock index: The headline French stock exchange finished lower again yesterday. There is a bearish breakout below 4,086.20. The CAC 40 moved lower for the …
Read More »Aussie Sinks after the S&P Downgrades their Outlook
0.0 00 Points to consider in the Aussie Dollar Forex market: The Aussie dollar moved lower against its major counterparts. The S&P has lowered their credit rating outlook to negative. The ratings agency cited fiscal instability …
Read More »Euro Hits a 3 Year High against the Sterling
0.0 00 Points to consider in this euro Forex market: The euro has hit a 3 year high against the Sterling as the Brexit aftermath continues. There is no trade from a technical stand point, for …
Read More »Short Euro Sale in Play now Reaching First Target
0.0 00 EUR/USD (1.1051) Points to consider with this euro Forex market: Euro sees is worst loss in a week as it breaks below trend line support. Short euro sale in play nears first target. Trade …
Read More »RBA Opts to Keep Monetary Policy Unchanged
0.0 00 Points to consider in this RBA article: The Australian Dollar moves lower against its major G-10 counterparts. The Reserve Bank of Australia (RBA) keeps its monetary policy and rate unchanged at 1.75 percent. No …
Read More »Nikkei 225 Buyers Eye 16,000
0.0 00 Nikkei 225 (15,638.52) Points to consider with the Nikkei 225: The Japanese stock bourse has found support above 15,000. If the index break above 16,000, then focus shifts bullish towards 16,500 which has proved …
Read More »Bank Stocks Bring Down the ASX 200 Today
0.0 00 This morning, Asian markets were rather mixed as they took cues from yesterday’s European trading hours. Concerns over Brexit are reemerging. In Japan, the Nikkei 225 was down around 0.80 percent in the morning …
Read More »The Australian Benchmark Remains Below 5,300
0.0 00 ASX 200 (5,260.00) Points to consider with the Australian stock index: Should the Australian Bourse break above 5,300 then the range top comes into the crosshairs. The average trading range (ATR) is at its …
Read More »Post Brexit Recovery Continues in Asia
0.0 00 Asian markets continue to recover this morning as the join the global post-Brexit global recovery. This morning we saw the Nikkei and Australian stock bourses reverse earlier losses. The Australian S&P ASX 200 reversed …
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