Morning Update – 23/10/15 – 09:11:21

October 23, 2015 Morning all.. An amazing US session for stocks and more was done after hours as Micro-soft, Amazon and Google all posted solid earnings after the close. S&P closed up 1.66% at 2052 but we trade at 2057 now. Asia also had a strong session with the Nikkei up 2.22% and HK up 1.4%. All this… View Article

What will ECB Do?

October 22, 2015 The president of ECB, Mario Draghi will be speaking later today at 1:30PM UK to give an insight into some fundamental factors and monetary policy change for the European economy. The major theme of the day will be the low inflation in the Eurozone economy despite the on-going asset purchase. Last week, an ECB official… View Article

What Lies Ahead of BOJ

October 21, 2015 Overnight, some economic data were released from Japan which unfortunately came out disappointing. For example, adjusted trade balance figures came at -0.36T while market was expecting -0.7T, Export (YoY) was 0.6% below market forecast of 3.4%, imports (YoY) figure came at -11.1% which is stronger than expected, Trade balance was also negative at -114B while… View Article

Morning Update – 21/10/15 – 10:01:16

October 21, 2015 Morning all.. US stocks had a mixed session with weak oil prices keeping a cap on and eventually closed down very slightly but Asia has seen a jump in S&P futures as the Nikkei jumped on poor data suggesting the BoJ may add to QE at the end of the month when the BoJ meet… View Article

The Fate of Loonie

October 19, 2015 Canadians will be deciding today who will be their next leader, with high probability of current ruling party (Progressive conservative party), losing majority of their seats. Mr Harper who is the incumbent prime minister has been accused of gross misappropriation of public funds for extravagant lifestyle of lawmakers at this period of falling oil price… View Article