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Market news

    EUR/USD slips ahead of German IFO index due shortly

    Probably the most likely economic release of the day to evoke any kind of market reaction will shortly be released. This is the latest (September)...

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  • FDAX
    DAX lifts off opening lows

    Well, the DAX did once again reopen below its 200 day moving average, when commencing the new week at 15,513. However, it has rebounded now, from a...

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  • Z
    FTSE 100 set to open lower this morning

    The FTSE 100 was once again the positive outlier in terms of the major European stock market indexes on Friday. It was the only one to avoid a lower...

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  • USDX
    The cyclicality of the Dollar index USDX) comes into focus this week

    Some while ago I wrote an update here noting how the dollar had peaked last year right at the end of the third quarter. That saw the USD index (USDX)...

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  • YM
    A closer look at the technical picture on the Dow Jones
    Following on from an earlier update today, where I said I would look at the technical picture of the Dow Jones, here is some colour on that now. The...
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    Gold slips again after stalling ahead of $1,930

    The weakness of the Yen this morning is weighing on gold again. The metal failed to extend its rebound gains above 1,930 on Friday, which had seen it...

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