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Ebola: Coming to a Nigerian mega-city near you

Ebola: Coming to a Nigerian mega-city near you

35 minutes ago (Adam Button)

West Africa is in the midst of the world’s worst-ever outbreak of ebola but it could be about to get much worse. A Liberian man in Lagos, Nigeria (population 21 million) is being tested for ebola. »

A healthy warning on the downside to technical analysis

A healthy warning on the downside to technical analysis

39 minutes ago (Ryan Littlestone)

I don’t need to explain how big technical analysis is for trading, we all know. What separates old duffers like me from the less experienced traders is that I had to learn to trade when it didn’t really exist. Over … Continue reading → »

War of words in Ukraine getting goofy

War of words in Ukraine getting goofy

39 minutes ago (Adam Button)

The latest is from former State Dept adviser David Phillips who says Putin should be investigated for war crimes and crimes against humanity for the downed Malaysian flight. Really!? Of all the heinous bombings of civilians and military crimes in … Continue reading → »

US June new home sales 406K vs 475K expected

US June new home sales 406K vs 475K expected

3:00pm today (Adam Button)

Highlights of the June new home sales report: Prior reading was 504K (revised to 442K) Sales down 8.1% compared to -5.8% exp Northeast -20%, Midwest -8.2%, South -9.5%, West -1.9% Supply at 5.8 months, highest since Oct 2011 There were … Continue reading → »

July 2014 US Markit manufacturing PMI flash 56.3 vs 57.5 exp

July 2014 US Markit manufacturing PMI flash 56.3 vs 57.5 exp

2:45pm today (Ryan Littlestone)

Prior 57.3 Output 60.4 vs 61.0 prior Employment 52.1 vs 54.0 prior, lowest since September A drop back this month after soaring to a 4 year high last month. The sector is still showing good expansion so there’s nothing to … Continue reading → »

S&P 500 touches fresh record shortly after open

S&P 500 touches fresh record shortly after open

2:32pm today (Adam Button)

The S&P 500 hit a record 1989.26 moments after the open, up 2 points on the day and fractionally above yesterday’s high. The market is wading through a mass of corporate earnings along with the upbeat jobless claims data. »

There goes the 38.2 fib in GBP/USD

There goes the 38.2 fib in GBP/USD

2:27pm today (Ryan Littlestone)

Down to 1.6984 we are and we always find support and resistance around the 80 number in cable. We’re close to challenging the mild support at 1.6965/70 ahead of stronger at 1.6940/50 that I highlighted earlier. The pound is in … Continue reading → »

Missing Algerian plane crashed in Mali – report

Missing Algerian plane crashed in Mali – report

2:18pm today (Adam Button)

The missing Air Algerie plane en route from Burkina Faso crashed in Mali, according to a UN rep cited by AP and Germany’s DPA. An earlier report from Algerian television station Elnahar said the plane crashed after crossing the airspace … Continue reading → »

FX Reverseals: AUDUSD Support Update

FX Reverseals: AUDUSD Support Update

2:12pm today (Walker England, Forex Trading Instructor)

The AUDUSD has remain rangebound in overnight trading. Now traders watch as price moves on support at .9431. »

America is experiencing an energy revolution says US sec Jack Lew

America is experiencing an energy revolution says US sec Jack Lew

1:49pm today (Ryan Littlestone)

Speaking in Washington at a conference he says that fixing infrastructure should be a national priority and that the US should do more to to strengthen rural America. He’s got a good point on the energy front. The Brent/WTI spread … Continue reading → »

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