European spread trading markets have taken the bull by the horns today posting strong gains after Chinese trade data saw a much higher surplus for November. Consequently, this raises expectations that the People Bank of China would look at further easing of fiscal policy after last month’s cut in bank reserve requirements. The biggest gainers...
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Although forex spread trading investors were no better disposed to the euro, during the fortnight surrounding Christmas and New Year celebrations they were less inclined to do anything about it. Contrary to the more pessimistic expectations of some, the single European currency was able to see out the year intact and that coherence could...
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The Aussie was one of a handful of commodity-oriented currencies that found the going tougher than usual last week. Behind their difficulties was a re-emergence of concerns for global economic growth. Economists are becoming steadily more certain that the Eurozone economy will go into reverse. Growth in China appears to be slowing too. Whilst...
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It was an eventful week for the euro, one which it was lucky to survive with its hide intact. But survive it did; not in grand style (it lost ground to all but the New Zealand dollar and the rand), but at least it avoided placing last. The euro’s two big challenges were the European...
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The FTSE 100 spreads fell 2% on Wednesday as investors avoided risky asset classes such as financial and mining stocks after continued fears over rising sovereign bond yields and nerves over potential ratings downgrades for France convinced them to cut back. There has been speculation and concern over the fragility of top notch credit ratings...
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Last month we looked ahead to the Cannes summit, and the likelihood of a plan to deal with the crisis in Europe. We also looked at the possibility of a rate cut from the ECB, which did come to pass, as well as the likelihood of a failure to agree in the US on...
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