World Indices Remain Bullish

Last night the Dow Jones managed to close in the black for the eighth trading day on the bounce. Reading that statistic, you might expect the week to be better than it actually has been. Most world stock markets are up on the week, but the gains have been negligible by recent standards. Still, the [...]

US Equity Market Trading Update

US stocks lost steam today, despite the release of better-than-expected second-quarter GDP figures and jobless claims data. The US Commerce Department reported that America’s economy shrank by a less-than-anticipated annual rate of 1% in the second quarter of this year, as a surge in government spending mitigated a record decline in inventories. The decline in [...]

UK Equity Markets Retreat

The pressure of recent gains – which had taken UK and US markets to their best levels of the year – coupled with some poor earnings figures, proved too much today as UK equity markets retreated. The FTSE 100 struggled for momentum all day after the energy sector was hit by poor profit announcements. Antofagasta [...]

Optimism on US Market Trading

As soon as there is fear of a stock market correction something good happens and stocks rally. This theme has gone on for a few months now, and it has happened again today. The release of better-than-expected US consumer confidence and housing market data provided US equity markets with another shot of adrenaline this afternoon; [...]

Small Gains Encourage Cautious Index Trading

Last night, the Dow Jones managed to limp to a fifth consecutive positive session. The gains were tiny and other US markets such as the S&P 500 and the Nasdaq closed down on the day. Although the closing levels last night were nothing to write home about, the near 1% reversal from the highs of [...]

American Financial Trading Update

US stocks continued to add to last weeks gains, as banks and resource shares prolonged their rally. ‘You’ve moved to a stage where investors accept that it’s a bull market and are worried that they’re missing it,’ said Hugh Johnson of Albany. ‘The underlying economic numbers confirm that it’s a bull market.’ [1] Recovery hopes [...]

Financial Index and Foreign Exchange News

The FTSE, CAC and DAX have started the trading week with solid gains, rising between 0.3% and 0.6% at the open. Most of this move is a follow on from the strong performance of US equities on Friday evening. Up until half an hour before the markets opened, European shares were set for an even [...]

US Financial Markets Continue to Rise

Wall Street’s ascent remained intact today, as an unexpected expansion in Germany’s services and France’s manufacturing industries lifted investor morale. A surge in existing US home sales fuelled optimism, giving US equity markets the ammunition to move to levels last seen between October and November 2008. By around 3:30pm, the Dow Jones Industrial Average had [...]

US and European Financial Trading Report

At the start of the week, world stock markets encountered a severe sell off that threatened to question the strength of the bull’s resolve. Yesterday, the bulls passed that test with US markets erasing Monday’s losses. The argument over the sustainability of the rally that has seen stocks rise 15% since July has been won….for [...]

US Equity Market Trading News

US equity markets commenced the trading session in the red, as a report released this afternoon revealed that the embattled American labour market is struggling to recover. Wall Street managed to recoup its earlier losses within the first hour of trading, however, after AIG announced that it plans to pay back the government. The release [...]