Market response to any specific economic data release is far from standard even if actual numbers differ greatly from consensus expectations. Rather the market response is based on context of the current economic situation. This week’s...
Dissecting the FOMC Statement The US Federal Reserve cut interest rates overnight by 25 basis points, taking the US Federal Funds rate to 2.25%. The rate cut was mostly seen as a hawkish one. In the press conference, Chair Powell said that the cent...
Apple Reports Third Quarter Results Apple announced its financial results for the June quarter after the closing bell on Tuesday. The Company reported revenue of $53.8 billion, which represents a 1% increase from the year-ago quarter. It is the fi...
A “Dovish” or “Hawkish” Rate Cut The Federal Reserve (Fed) is poised for its first-rate cut in a decade-long of economic expansion. Trade protectionism and a slowing world economy are the two primary factors behind the global push towards e...
Record-Highs in the Stock Market Global Stock Market Record Highs Amid geopolitical tensions, mixed earnings report and less-dovish central banks, this week, we still saw some more record highs in the stock market. Nasdaq Composite closed at a re...
Tesla Second Quarter 2019 Update Tesla, the electric car maker, reported its second-quarter earnings on Wednesday in late US trading hours. Despite record production and deliveries, Tesla missed revenue estimates. The company reported a net loss of...
“Britain Trump” Britain has a new Prime Minister and as highly expected, Boris Johnson won the race over his opponent, Jeremy Hunt to become the new Tory leader. It was a convincing win despite the controversial headlines about Boris Johnson. ...
The traditional relationship between equity markets and forex is complex and often not particularly well correlated. As a result company earnings are often of little interest to Forex traders. However, this earnings season may be different....
As many of you know HX Finance now offer ASX Share CFDs (and will soon add US Share CFDs to the products you can access). Alongside the launch of access of these we offer an online course for those who are interested in learning, and potentially ult...
Netflix’s Second-Quarter Results Netflix, Inc. (NASDAQ: NFLX) has released its second-quarter 2019 earnings report on Wednesday after the US close. The company tumbled by more than 10% in after-hours trading as the streaming giant missed new memb...
Fundamental Analysis: Macro Factors The rapidly growing global interconnectedness means that the health of one country's economy can impact the world markets. As a result, traders generally follow the economic calendar to ensure that they do not mi...
A written trading plan, usually comprising of several guiding action statements, serves the following two invaluable purposes: Facilitates consistency in trading action e.g. in the entry and exit of trades, allowing the trader AND Measures th...
Deutsche Bank Revives The Failure of Lehman Brothers Deutsche Bank’s woes dominated headlines this week. On Sunday, the multinational investment bank announced 18,000 job cuts around the globe by 2022 and shut down its global stock trading busine...
Traditionally, one of the long-lasting market clichés is that the “amateurs open the market the professionals close it”. Although this may be a little simplistic, there is no doubt that commonly trading volume in equity markets is at it’s hig...
The European Union Top Jobs The European Central Bank (“ECB”) President The European leaders nominated Christine Lagarde, a French lawyer and a politician serving as Managing Director and Chairwoman of the International Monetary Fund ("IMF") as...