Articles from July 2009

Oil, FTSE and FX Update

The FTSE is currently indicating a flat open, as traders are waiting for the release of the US 2Q GDP numbers. While analysts are expecting an improvement from last quarter, traders are worried that these views are too optimistic, and will wait for the news before putting their money back into the market. Crude oil [...]

Crude Oil and Dollar Update

The FTSE is currently indicating a positive open, as traders are squaring their positions before the month end. With no UK economic data this morning, investors will be following in the direction that the European markets set. Crude oil suffered its worst one day loss since April yesterday as a government report showed an unexpected [...]

FTSE, UK Mortgage and Crude Oil Update

The FTSE is currently indicating a strong open, as traders are waiting for the release of the UK mortgage approvals. Lack of mortgage funds has been one of the reasons for the plummeting home values, and an increase here would indicate that banks are ready to take risks again. The FTSE is likely to start [...]

Nikkei, ASX200, Oil Update.

The FTSE is currently indicating a flat open as traders have no economic data this morning to assist them with their investment decisions. With both the Nikkei and ASX200 finishing near level this morning, the FTSE is likely to open around the 4585 level. Crude oil continues to trade near the three-week high after gains [...]

FTSE, Nikkei, Crude Oil Update

The FTSE is currently indicating a very strong open as traders are confident that a rebound in the UK economy will boost earnings. With no economic data being released this morning the FTSE is likely to start the week on a positive note, especially after the Nikkei 225 closed up more then 1.50%. Crude oil [...]

FTSE and EUR/USD Fixed Odds Trading Update

The FTSE is currently indicating a weak open, as traders are worried that the economy has not rebounded as well as expected. This mornings UK GDP data should shed some light on the state of the economy. The FTSE is likely to end the week in the red. Crude oil rose to a three-week high [...]

GBP/JPY, FTSE and Oil Trading Update

Traders are waiting for the release of the UK retails sales data. While there has been some improvement on a month-on-month basis, investors are worried that consumers are snapping their wallets shut as employment concern continue. The FTSE is likely to start the day in the red. Oil fell last night on an increase in [...]

Oil, FTSE and EUR-USD Trading Update

The FTSE is currently indicating a lower open, as traders are worried that yesterdays comments by Mr. Bernanke could throw cold water on the latest rally. Analysts are also waiting for the release of Bank of England Meeting Minutes. Investors are hoping that the minutes reveal some indication of an economic recovery. Oil fell for [...]

FTSE, Oil and GBP-USD Trading Update

The FTSE is currently indicating a relatively flat open with traders waiting for the release of the UK public finance numbers. While this is not a major data release, analysts are paying close attention to see how much money the government is using to help jumpstart the economy. With Asia closing positive this morning, the [...]

Oil, FTSE and GBP-JPY Trading Update

The FTSE is currently indicating a higher opening, as trader hope that the buying spree which started in Asia continues. This morning the UK Rightmove home prices showed that British home sellers raised asking prices this month to meet increased demand from buyers. The FTSE is likely to start the week on a good note. [...]