Recent Market Comment Stories

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  Dow Jones gains another 60 points on Thursday1 minute ago

  European equities are set to open flat to marginally lower as the bulls take a short breather.  Despite the woeful data from Europe and the US yesterday, markets managed to muster enough momentum and twist logic enough to eek out another day of gains. Despite the stark evidence that all is not...

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  Gold investors continue to take a battering16 May 2013

  European equities are set to open flat to marginally lower as the bulls take a short breather.  Despite the woeful data from Europe and the US yesterday, markets managed to muster enough momentum and twist logic enough to eek out another day of gains. Despite the stark evidence that all is not...

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  Gold prices continue to fall15 May 2013

  European equities look set to start on a positive footing as US markets take back the reins of sentiment.  Despite weak economic data in Europe and the Feds Plosser calling for a tapering of bond purchases this summer, bullish momentum remained resilient and shrugged off any negative cues yest...

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  Dow Jones Industrial average closes down 25 points - Bettingpro.com14 May 2013

  European equities are set to open higher taking their cue from a positive Asian session.  Yesterday saw a choppy trading session in Europe and the US with trader’s indecision seeing the major indices ending marginally either side of the unchanged mark. Despite the pickup in Retail Sales in the...

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  American dollar strengthens as gold value falls13 May 2013

  European equities look set to open flat as traders wait for further cues.  Despite another set of all time high finishes in the US on Friday and the associated images of high fiving traders on the NYSE floor doing the rounds, their confidence hasn’t carried over to other regions. Asian markets...

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  Gold up as Dollar price falls on busy Wednesday9 May 2013

  European equities look set to open on a mixed footing, despite another successive bullish close in the US doing its best effort to drag markets higher. Asian markets are also trading mixed and traders are growing ever more uneasy about this rally, where one has to ignore the fundamentals and put yo...

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  Dow Jones and other world indices were given fresh impetus by German factory news8 May 2013

  European equities are set to open marginally higher as a strong finish in the US and a surge in Chinese trade growth is likely to keep the bulls ticking over. However, unlike previous rallies to all time highs, the bulls still appear a long way off from irrational exuberance. The last time the Dow ...

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  European equities set to open flat3 May 2013

  European equities are set to open flat as traders ponder how to trade today’s US jobs number.  With today’s main focus for markets the Non Farm Payrolls in the US, much debate surrounds how to trade the result. Following the surprise slump in March, traders will be looking to see if it was a o...

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  International Workers Day particularly pertinent after all time high in Euro Zone unemployment rising to 19.2 million1 May 2013

  UK Equities are set to open flat as traders tread water ahead of key central bank meetings.  With only the UK in action today and the crucial FOMC statement coming after the close, today’s trading is expected to be light and directionless. The Manufacturing PMI is set to be neither here nor th...

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  European equity markets set to open higher1 minute ago

  European equity markets are set to open higher as expectations that words from this weeks central banks will be littered with dovish comments. Optimism in the equity markets yesterday was fuelled by expectations that central banks around the world would come to the rescue stuttering economies with ...

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  Confidence in gold continue to fall23 Apr 2013

  European equities are set to open flat ahead of a busy day for economic data.  The global economy will get a snapshot of the manufacturing sector today with PMI data out from China, Europe and the US. The HSBC Flash Manufacturing PMI for China has already sparked caution by coming in weaker th...

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  Traders hoping for quiet end to tumultuous week22 Apr 2013

  European equity markets are set to open marginally higher.  Markets spent most of yesterday’s session in the green as traders saw some value on offer following this weeks declines. However, traders gave their purchases a second thought when the US markets quickly sold off from the open after s...

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  European equity markets to open marginally higher19 Apr 2013

  European equity markets are set to open marginally higher.  Markets spent most of yesterday’s session in the green as traders saw some value on offer following this weeks declines. However, traders gave their purchases a second thought when the US markets quickly sold off from the open after s...

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  Chinese economy slow to recover15 Apr 2013

  European equities are set to open flat despite the negative start in Asia. Overnight Chinas GDP came in at only 7.7% against an expectation of 8.0% and markets in Asia are correspondingly trading weaker.  Also showing weaker growth were the Industrial Output and Fixed Asset Investment data whi...

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  ECB Monthly Bulletin to shed some light on Mario Draghi’s decision to signal a possible rate cut this year?11 Apr 2013

  European equities are set to open flat as they wait for fresh cues. The main event of the week, the FOMC meeting minutes, were inadvertently released early during the European session so their effect has been fully priced in already. Although there was a wide dispersion of conflicting views from me...