Posts From Charlie Harrison
Charlie Harrison
Stocks Gain As Currencies Bounce
The U.S stocks opened higher after the release of the positive regional data that gave confidence to investors to trade in riskier assets. During today’s session most stocks were traded high and investors had plenty of time for more price
Read MoreYellen’s Comments Strengthens the U.S Dollar
After the FOMC made a decision to taper the stimulus by another $10 billion, the EUR /USD resulted in a decrease. However, the Fed is also planning to increase the rate of the Federal Funds and this will further push
Read MoreSituation In Ukraine Causes Stocks To Stumble Further
The Asian stocks continued to trade on a low and they were lower as compared to its previous sessions of the week. The low trade resulted in investors being pessimistic about the current Chinese economy. However, not only the Chinese
Read MoreInvestors Lose Confidence as Stocks Stumble
European stocks are currently low during the week following the release of the weak regional economic data and this has caused the investors to show less interest in the stocks. On the other hand, the looming threat action in Ukraine
Read MoreUK’s Negative Data Puts Pressure On FTSE To Drop
During the Asian session, the Asian markets were mixed and the USD is on a downward trend following the poor US economic data and also to include the JPY to go against the worls reverse currency, USD. Japanese Nikkei fell
Read MoreMetals on a short term low
Yesterday’s currency crisis in China caused the Copper to fluctuate as traders continued to asses the downward risk. China is the largest consumer of global copper and takes up to 40% of the global demand and any crisis in its
Read MoreWeak Economy Data Causes Stocks to Dip Downwards
After the release of the Economy Data, stocks in Europe experienced a downward trend as the data was weak. However, investors are reacting to the weak economic data released in China, France and Germany earlier yesterday and today the data
Read MoreMarket news as on February 14th, 2014
After Janet Yellen’s intrusive comments about the monetary policy, stocks are reportedly gaining to a considerable extent. She had stated that the economy needed to improve further and that the asset purchases don’t follow a pre-set course. Yesterday, the stocks
Read MoreMarket news as on February 13th, 2014
Janet Yellen testified as the Chairwoman of the Federal Reserve for the first time yesterday. She said that the Fed will probably continue to attenuate the monetary stimulus. This would happen if the information that’s supposed to come in would
Read MoreEuro waits for Data from Retail Sales
The EUR/USD pair is moving sideways fluctuating between 1.3495 and 1.3540 ever since the pair reacted in disappointment to the results from the U.S ISM Manufacturing PMI. The Spanish Unemployment change displayed a serious situation for the Spanish labor market
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