The good jobs report on Friday puts the Fed in a position that they may not have actually wanted to face. The Fed has been speaking about an interest rate hike for the past year, but has been pushing it... Continue Reading →
Gold still trading in range and after short runs up it continues to face bears who take advantage of the lack of staying power. No inflation, no speculative power keep Gold weak and it will likely continue for a while.... Continue Reading →
Today it was the turn of the German Ifo Business climate reading to disappoint investors. A mark of 104.7 has been recorded, while an estimate of 105.9 stood. The U.S will publish important New Home Sales numbers in a few hours. The... Continue Reading →
PMI data from Europe continued to deliver no good news today. The German Flash Manufacturing PMI number was below expectations with an outcome of 50.3 and the French Manufacturing reading was 48.8 which is recessionary. The EUR however in trading... Continue Reading →
The GBP has gained in the past twenty four hours in a strong fashion. As Digital Markets Advisor predicted the Scottish referendum on independence was rejected by voters, meaning Scotland remains an integral part of the United Kingdom. Traders who... Continue Reading →
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