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)
