January 27, 2016
Morning all… A strong session on Wall St saw S&P close up 1.4% and some were suggesting month end re-weighting may see more demand into the end of the week for stocks. Asia had a mixed session with Nikkei closing up 2.7% but China is lower at present and at one point was 2% lower…. View Article
January 27, 2016
Good morning! Today is an important day; what will the FED do? The FED hiked rates in December 2015 and predicted that there would be 4 more rate hikes throughout 2016. When the FED hikes the rates it’s their way of saying that the economy is strong and healthy. When it lowers rates or changes… View Article
January 27, 2016
The first Federal open market committee meeting for 2016 is scheduled for today. Market is expecting interest rate to remain unchanged and there won’t be any press conference this time around. Therefore, trader will have to listen and read through the statement release carefully in other to forecast market direction for the next couple of… View Article
January 26, 2016
Morning all.. The relief rally appears to have finished as US stocks fall into the close with oil weakness. We saw further extensions of that in Asia with oil down again with WTI now testing $29.50.. This has weighed on risk and the Nikkei closed down 2.35% and China is down over 6%. This has… View Article
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