European markets and US futures are trading lower ahead of action packed day. The US markets were pushed lower and the red blanket pretty much covered all the indices last night. A similar situation took place over in Asia where investors are apprehensive about the sluggish growth in China and the recent data released this week has added negative sentiment for the European trading session.
Read MoreAsian markets are largely supported by the rally in the energy sector. There is no doubt that there has been an enormous amount of blood squeezed out of this sector due to constant slide in the oil price. The rebound in oil price started yesterday afternoon during the European session as investors are becoming blind…
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After a remarkable success story when David Cameron won the election, there was pretty much one way trade for the sterling, which is trade towards the upside. The Bank of England started its hawkish rhetoric which turned around and conspired all heads towards peacock strutting sterling. But, then there was always a question who is going to be the first one to increase the interest rate?
Read MoreEuropean markets are starting the day in a strong upward momentum which is filtered from the US and Asian trading session. There are a number of factors which are pushing the markets higher. Firstly, it is about the strength of the miners and this is on the back of the optimism that perhaps we have…
Read MoreUS futures are trading higher this morning and starting off where they left last week. Although, the dovish FOMC tone will still be still very much on the investor’s dashboard, but the main spotlight will be towards the upcoming earning as a number of investment banks will report their earnings this week. Investors are fairly…
Read MoreEuropean markets are trading lower this morning and broke their 8 days of rally yesterday. Traders have started to book some profit off the table as we suggested yesterday, which is perfectly normal. Mining sector today once again could see more selling pressure today as the price of oil woke up to a reality when…
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