US Markets Fall as Traders Fear Removal of Economic Stimuli

The Dow and S&P 500 resumed their descent today, as investors feared that the premature removal of economic stimuli may stall growth and even lead to a double-dip recession. These concerns were ignited by the Bank of Japan today, which said it will stop buying corporate debt at the end of this year. Australia may [...]

Financial Markets and Yen Forex Report

Financial markets can be a fickle friend and yesterday was no exception. After big falls on stock markets the day before, the door was open for a sustained sell off. Instead, it seems that the Dow Jones, and several other indices such as the FTSE, had fallen just enough to tempt buyers back into the [...]

Yen Pushes Higher as Indices Fall: Financial Trading News

It is said that financial markets go up stairs, but down escalators and today was a good example of this. Throughout October, markets like the FTSE 100 spent a lot of time grinding their way higher, only for these hard fought gains to be wiped out in a couple of days. After making fresh new [...]

US Indices Perform Well After Strong US GBP

The Dow and S&P 500 opened higher today, after the US economy grew more than anticipated in the third- quarter. ‘The stock rally is not over yet,’ said Jeffrey Kleintop of LPL Financial. ‘The stock market can celebrate. This news is an important confidence boost, in particular to individual investors.’ [1] A preliminary report from [...]

US Indices and Financial Market Spread Betting Report

The Dow was down again this afternoon as global markets continued to slump following the release of downbeat economic data. It was announced today that new home sales in the US fell by 3.6% in September, creating expectation that the housing market may slow down once the government’s tax credit scheme expires. Goldman Sachs was [...]

Japanese Yen Moves Higher: Forex Trading News

The Japanese Yen is running hot with the Dollar and Euro’s attempted rally from last week hitting a brick wall. There are whispers that the pace of the global economic recovery will be slower than previously hoped, causing money to flood into the perceived safety of the Japanese Yen. The biggest faller is the Australian [...]

Wall Street Index Spread Betting Report

Wall Street fluctuated between gains and losses, as investors weighed up better-than-expected housing figures and earnings with disappointing manufacturing and consumer confidence data. Stock market sentiment at the start of the US trading day was bolstered by the S&P/Case-Shiller home price indices, a gauge of home prices in 20 US cities, which rose 1% in [...]

US Indices and Forex Trading Update

Last night’s slump on the Dow Jones (Wall Street) made it two 100 point losses in a row for the US index. This is the first time this has happened since June. On the bright side, the Dow has lost just 2% from the highs reached last week. Since July there have been four similar [...]

US Equities and Indices Spread Trading Report

Wall Street opened in positive territory, as better-than-expected quarterly earnings at technology firms bolstered equity market sentiment. ‘We’ve had a stellar earnings season,’ said Tom Wirth of Chemung Canal Trust Co. ‘Fundamentals are improving and that should give support for the stocks rally we’ve seen since March.’ [1] Shares of Verizon Communications, the second-biggest US [...]

Sterling Suffers After UK GDP: Forex Market News

Today’s currency in play is unquestionably the British Pound. The currency is still reeling after Friday’s UK GDP data unexpectedly showed that the UK was still in a recession. Traders hit the sell button, causing huge reversals on the GBP/USD, GBP/JPY and EUR/GBP. There has been some follow on selling in early trading and the [...]