Authors Posts by CMC Markets

CMC Markets

CMC Markets
302 POSTS 0 COMMENTS
CMC Markets is a UK-based financial derivatives dealer. The company offers online trading in spread betting, contracts for difference and foreign exchange across world markets.
Mark Carney
While European markets had a quiet and a somewhat mixed session yesterday, US markets continued to kick on from last week’s gains, once again making new record highs, continuing their divergence away from markets in Europe. This morning’s market open looks set to pick up from yesterday’s subdued European theme...
China
It was another mixed day for markets in Europe yesterday with investor’s content to play a waiting game ahead of next week’s Spanish government ultimatum to the Catalan government, and this weekend’s IMF meetings in Washington DC. The pound had a rather choppy day yesterday after EU chief negotiator Michel...
Federal Reserve
It was another day of records yesterday with global stock markets continuing to make new multi-year highs with the Japanese Nikkei 225 hitting its highest close since 1996. US markets once again continued their almost weekly ritual of making new record highs, this time in the wake of last nights Fed minutes...
European stocks had a fairly lacklustre day yesterday ahead of last night’s speech by Catalan President Carles Puigdemont to the Catalan parliament, where he said that he would suspend the declaration of independence to allow for further talks with the Spanish government in Madrid. European markets look set to open higher as...
The Catalan question could be answered to today, as the president of Catalonia addresses the parliament in the region. This will be the first address since the referendum on independence was held on 1 October. Carles Puigdemont, the Catalan President, previously stated he would unilaterally declare independence within two days of winning...
The Caixin survey of the Chinese services sector fell to 50.6 in September from 52.7 in August. It was the slowest growth rate in the industry in 21 months. This poses a small problem for Beijing as the administration is trying to shift the economy more towards a services based one, and...
US Dollar Currency
Yesterday’s ruling by the Spanish constitutional court to suspend the Catalan parliament on Monday wasn’t entirely unexpected as the government in Madrid look to head off steps to call for independence by Catalan politicians, however short of a military presence there is little that Spanish politicians can do to...
Having seen King Felipe pass up the opportunity to dial down the tension between the government in Madrid and politicians in Barcelona earlier this week, the response from the Catalan government was entirely predictable. When Catalan President Carlos Puigdemont responded to the Kings comments last night a lot of people were expecting...
Europe
We saw another positive day for markets in yesterday with the US making more new record highs and closes, while markets in Europe also performed well, with a couple of exceptions. Unsurprisingly Spanish markets closed lower for the second day in succession, as tensions over the weekend continued to simmer, with...
NYSE Stock Echange
US markets have started the new week and quarter in the same way they finished the previous one, posting new record highs. These gains have been led by the small cap Russell 2000 which has made almost parabolic gains in the past couple of weeks, gaining over 5%, on...
Currencies
We saw more records tumble at the end of September as US markets once again closed the month and the end of the third quarter at or near new record highs, as investors once again turned their attention to the prospect that we could see some sort of US...
London Stock Exchange FTSE
Aside from the FTSE100 it’s been a fairly positive month for European and US equity markets, as we come to the end of Q3, with US markets continuing their habit of making and closing at new record levels. The general data improvement we’ve seen over the last few weeks and...
Donald Trump
The prospect of another US rate rise, after Fed chief Janet Yellen’s comments earlier this week, as well as the outline of a potential future tax reform plan by the Trump administration, were enough to prompt US markets to take another leg higher yesterday, with the S&P500 hitting another...
US Dollar Currency
Even though gold prices shot up on Monday as a result of the latest threats by North Korea they quickly gave up their gains yesterday as normal service resumed, even though there remains no sign that either side wants to wind down the current level of tension. As if to...
Donald Trump
European markets struggled for gains yesterday while the euro slid back as investors sought to decipher how the weekend’s political events in Germany would unfold in the weeks and months ahead. With the SPD ruling themselves out of another coalition with Angela Merkel’s CDU/CSU the only remaining option would appear to...
German Economy DAX
Equity markets on both sides of the Atlantic managed to complete a decent week of gains despite continued tension between North Korea and the US, while the US Federal Reserve signalled that it remained on course to raise rates once more before the end of the year, as attention...
Great British Pound Currency
Just as US markets marked the end of a 9 day winning streak, markets in Asia started the day in a similar vein before rolling over further after North Korea upped the ante on recent threats by saying it would consider testing a hydrogen bomb in the Pacific. It followed...
Janet Yellen - Federal Reserve
As expected the US Federal Reserve fired the starting gun on its plans to reduce the size of its balance sheet, with plans to begin the process next month, though with an initial $10bn roll off, it is likely to take a very long time, so much so you could...
Great British Pound Currency US Dollar
The pound has managed to hold onto most of the gains of the last few days in the wake of last week’s surprise Bank of England about face on the prospects for a UK rate rise, though governor Mark Carney did try his best to paint a rather bleak picture for...
US Stocks
European stock markets had another decent day yesterday making new six week highs, while the FTSE100 got a welcome respite after the pound slipped back from its recent new post Brexit peaks against the US dollar. US stock markets also continued where they left off on Friday posting new record...
Janet Yellen - Federal Reserve
The health of the global economy appears to be starting to give mixed signals if last week’s price action is anything to go by, with crude oil prices rising sharply in anticipation of a rise in global demand with Brent prices hitting a five month high. Copper prices on the...
Mark Carney
Yesterday proved to be another mixed day for global equity markets with the Dow closing at another record high, while the rest of the major US benchmarks closed lower. Today’s market open looks set to be a fairly quiet affair despite North Korea firing off yet another missile in a test that...
Bank Of England
It seems such a long time ago now when record highs for US markets were almost a daily occurrence but after a break of a few weeks normal service was resumed yesterday as the three main major US benchmarks posted record highs for the second day in succession, helped...
Lloyd's of London
US markets continued their hurricane Irma relief rally yesterday with more record highs for the S&P500 as well as a record close for it as well as the Dow Jones. The positive momentum was also helped by comments from US Treasury Secretary Steve Mnuchin that the US administration was still...
Federal Reserve FOMC Stocks
After spending a week obsessing about the damage a direct hit from hurricane Irma could do to Florida, coming so soon after hurricane Harvey, US markets roared back yesterday with the S&P500 having its best day since April and closing at a record high, as last week’s worst case...
Stocks Trader
Last week proved to a week of divergences with European and US markets struggling for direction, with the DAX outperforming, despite a euro that managed to hit its highest levels in almost three years against the US dollar. It is becoming apparent that while investors aren’t showing too many...
Chinese Yuan
It was another mixed day for global equity markets yesterday, with European markets having a good session, while US markets struggled. The euro had a fairly decent day and for once European stocks found themselves finding some decent support at the end of a positive week for both, a rare convergence at...
Mario Draghi
On an action packed day for financial markets yesterday the Bank of Canada raised interest rates for the second meeting in succession, the vice chairman of the Federal Reserve, Stanley Fischer unexpectedly handed in his resignation, and it was reported that President Trump would support a proposal by the Democrats...
Donald Trump
European equity markets are in the red again as the ongoing political uncertainty in relation to North Korea keeps traders on edge. Investors aren’t running scared, but they are a touch on the nervous side, and while the situation keeps rumbling on, dealers could be reluctant to start a fresh round of buying. Shares in Barratt...
DAX
Flare-ups on the Korean peninsula are fast becoming a weekly occurrence and while financial markets remain nervous about the potential for the next dangerous conflagration, each escalation on the part of North Korea seems to elicit a milder market reaction than the previous one. Equity markets did slide back yesterday,...
300x250

LATEST

NZD/USD: Flows Point To Downside Risk S/T On Strong Real Money Selling

New Zealand Dollar Currency NZD
Bank of America Merrill Lynch FX Strategy Research notes that its latest proprietary flows show officials selling the...

USD Stretches Towards Resistance: Yen, Aussie to Offer Opportunity

US Dollar Currency Yen
Talking Points: The U.S. Dollar continues to claw back towards a key resistance zone that runs from...

USD/JPY – Yen Under Pressure, Markets Braced for Soft Japanese Trade Surplus

US Dollar Japanese Yen
The Japanese yen has posted gains in the Wednesday session. Currently, USD/JPY is trading at 112.86, up...

Fed Speeches and Earnings in Focus

Janet Yellen - Federal Reserve
Earnings Season in Focus as Stocks Target New Highs US futures are pointing to another higher open on...
Get the latest news delivered straight to your inbox