As reported by «Market Leader» (US)
EURUSD: investors are optimistic about Greece
As reported by «Market Leader» (US)
As reported by «Market Leader» (US)
As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
As reported by «Market Leader» (US)
Exchange news. As expected, coffee future started correctional decline during the second half of October. This is connected with the fact that the countries-coffee producers have started large-scale supplies into the port of importing countries. However, according to the official report of ICO, the stocks of coffee in countries-producers are falling. The stocks of Columbia, which is the second largest Arabica produce, have fallen by almost 50% from October 17 to October 18.
As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
The damage done as the result of the recent riot in Rome is roughly estimated at 2 million euro. On Saturday about 200.000 Italian citizens participated in the global “Occupy Wall Street” protests (involving 950 cities, 82 countries) against the corrupted global financial system. Rome was the only city where a peaceful demonstration escalated into a riot. The rioters torched vehicles, tore up sidewalks and smashed windows. 130 people were injured, with dozens arrested.
As reported by «Market Leader» (US)
Stock exchange news. The summit of European Union in Dusseldorf on October 17 did not meet the expectations, which immediately influenced the price of WTI oil future. The plan on the EU recovery from crisis has not been adopted during the summit.
Disappointment during the summit was caused by the statement of Greek Minister of Finance that the previously announced date of October 23 was too early to announce the tools of European Union economic recovery. Nevertheless, the main principles of next (second) financial tranche to Athens will be announced on October 23.As reported by «Market Leader» (US)
As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
Stock exchange news. S&P500 future has remained within 1100.00 - 1200.00 technical channel, but passing its border lines can become a strong signal for the opening of unidirectional positions. In addition, the annual minimum technical level was proved after a decline to 1077.00 in August.
As it was informed by "Market Leader (US)"
Stock exchange news. Despite the fact that trading has recently gone into the red zone, it has increased by 2% at the end of the week in comparison to its beginning.
There was no clear motion direction during the previous week. At the middle of the week investors’ pessimistic attitude became more or less optimistic. Particularly because FRS guarantees to provide the necessary liquidity to the US banks if the situation in Eurozone gets worse.As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
Last week the S&P500 index futures tried to break below the bottom of the 1077-1230 range. However that was a false breakout, with the price coming back into the range. By the end of the week the futures reached a major resistance around the 50-day MA, which is still unbroken. Once the resistance is not overcome in the short run, the S&P500 will go further down. In this case the following levels will act as supports: 1100, 1068, 1050. Otherwise, if the 50-day MA is overcome, the price may encounter resistance at 1200, 1250, 1230 and around the 200-day MA.
As it was informed by "Market Leader (US)"
As it was informed by "Market Leader (US)"
US news. Last week in Cleveland the head of US Federal Reserve System (FRS) Ben Bernanke was rather critical about the White House policy and the government of other leading countries worldwide.
The inability of developed countries’ governments to implement key economic principles in practice encourages “to take several lessons”, as claimed by the FRS head, from such developed countries as China, India, etc. Moreover, B.Bernanke rather specifically indicated the directions in which economic giants should take after developing countries:As it was informed by "Market Leader (US)"
Deutsche Bank analysts assume that GBPUSD will continue its downtrend until the end of 2011. It is expected to reach $1.5100.
As it was informed by "Market Leader (US)"
Stock exchange news. Most significant S&P500 volumes and levels in order to define the trend for the next trading week (Monday, July 17, 2011)
According to the traders of Masterforex-V Academy Department of Futures Trade and Stock Exchange, the “roller coaster” rally that started in July continues:As it was informed by "Market Leader (US)"
Last Saturday thousands of protesters crowded the streets of Manhattan, New York. The police arrested more than 700 participants of the protest.
As it was informed by "Market Leader (US)"
Stock exchange news. Citigroup analytics suppose that market trend in 2011 follows the scenario of 2008 when Lehman Brothers “fell”:
As it was informed by "Market Leader (US)"
The US stock market is still under uncertainty. The S&P500 futures contract keeps moving within a wide range (1077-1230). The price needs to come out of the range in order to clarify the direction of its mid-term movement. Apart from the range borders, the extra levels of support are located at 1100 (inside the range) and 1050 (outside the range). The extra levels of resistance are 1200 and 50-day MA.
As it was informed by "Market Leader (US)"
Greece badly needs money. Time is running out. If there no more tranche of help, the available means will not be enough to service the national debt and to pay out wages and pensions, which basically is a default.
The difficulty is the fact that it is extremely difficult to reduce the budget deficit to the extent, which is required by the creditors “trio”, which consists of EU, IMF, and ECB. Sunday evening during the special government session it turned out that according to the results of 2011 the budget deficit amounted to 8.5% from GDP, instead of planned 7.6%. Forecast for 2012 also worsened.
Were these circumstances the reason of a gap in EURUSD pair at the opening of today’s trading?
As reported by «Market Leader» (US)
As reported by «Market Leader» (US)