- Trade views
- Must reads
Article / 31 minutes agoWhile Rosneft's shares might still outperform Lukoil's in a rising market, the published results show rising leverage ratios and point at a possible loss in the first quarter of 2015.Read the article
Article / 31 minutes ago
Daily Shot: Why Turkey's president must stop meddlingTurkey's central bank is under pressure from the government to cut rates, which doesn't make sense in the face of a falling currency. It cut rates by 50 basis points last week, which apparently wasn't large enough for President Erdogan. The bank is now left in a bind ahead of its scheduled rate-setting meeting on March 17. Its independence is being put into question and the lira has fallen to new lows against the dollar. A rate hike by the US Fed later this year could do even more damage.Read the article
Article / 1 hour ago
From the floor: EUR flounders ahead of NFPIf the euro had been hoping for some support from Mario Draghi's ECB press conference yesterday, it got very little with an initial spurt giving way to sub 1.10 levels. With today's NFP looming, the common currency is floundering.Read the article
Squawk / 1 hour agoSilver has taken out support at $16.08 as the dollar continues to strengthen. Trendline support now at $15.76. In gold look out for $1190 with a break potentially taking it down to $1175
Article / 2 hours ago
Saxo Trade Navigator: Friday, March 6March 6, 2015: The Saxo Trade Navigator provides you with daily technical insight into almost 200 instruments, ranging from FX to equities, commodities and bonds. With a host of various technical indicators such as pivot points, RSI and moving averages, the Saxo Trade Navigator can be used to spot daily trade ideas.Read the article
Article / 3 hours ago
NFP preview: Is another upside surprise in store?The mammoth US employment report will be released today with another healthy gain in jobs eyed by both consensus and us. The unemployment rate should also tick back lower, following a brief increase.Read the article
Squawk / 3 hours agoFTSE 100 Future Aims for Record High, 6995 (from 1999) and Psychological 7000!!
The Wednesday rebound from just ahead of our support at 6824 reinforced the March bull theme with a further confirmation with the Thursday push as we had flagged to a new recovery high.
A record high close for the FTSE cash market in late February reinforced the overall positive tone, whilst the futures push through 6907.5, the 2014 high on the Monthly chart, but the FTSE futures still needs to make a similar statement as the cash (see below).
Short-term Outlook - Upside Risks:
March risk (today?) is up to the all-time high at 6995, just ahead of the key psychological 7000!!
Through her aims for Fibonacci extension levels at 7088, 7123 and maybe 7246 into March.
You can view the full FTSE 100 future report with screencasts, levels and day trade views - click here http://ow.ly/K01C7
View our Equity Index Futures and all other reports here http://ow.ly/K01N2
Article / Yesterday at 17:29 GMT
Market Close: Global equity markets rally on ECB announcementEuropean and US markets ended firmer following the ECB’s announcement that it will start its bond purchase programme on Monday. However, downbeat initial jobless claims and factory orders data in the US weighed on sentiment.Read the article
Trade view / Yesterday at 16:17 GMTShort term
Update: Booking profits on soybean shortThe market price of soybeans has collapsed and all our targets have been realised. This means it's time to take profits.Read the Trade View
Squawk / Yesterday at 14:11 GMTShould Gold again break $1300 in this month....???
ECB president Draghi presss conference::announced that 60 billion euro bond buying programme would start on 9th march, 2015 till inflation reach to 2%.