Russell Publishing Ltd
Court Lodge
Hogtrough Hill
Brasted
Kent TN16 1NU. UK
Registered in England
No. 2709148
Registered office as above.
VAT No. GB 577 897847
Yesterday’s non-farm payroll data came in weaker than expected with feedback that US employers shed nearly half a million jobs and the unemployment rate jumped to 9.5% . . .
As anticipated, GBP/EUR took a sound thrashing yesterday as traders positioned themselves ahead of the behemoth event of the monthly European Central Bank meeting . . .
Highs and Lows in a Volatile Day's Trading Yesterday
In a volatile day's trading yesterday, the pound first weakened then strengthened against the euro after Bank of England policymaker Tim Besley said it was too early to judge when the central bank would need . . .
The yen has managed to lose ground against its major counterparts, with USD/JPY reaching another weekly high at 97 and EUR/JPY AT 136.50 amid good news out of China regarding its better than expected Manufacturing data . . .
Dismal headline non-farm payrolls wipe out all the positive vibes from earlier in the week
Markets had set themselves up for a shock into the non-farm payrolls number, with analysts quite optimistic for a better number. However this was not to be and the headline number disappointed with 467k jobs lost in June compared . . .
The U.S. trading week is ending in completely the opposite fashion to its demure start thanks to yet another resounding number of jobs lost during the month of June . . .
As markets remain driven by risk sentiment, allowing the dollar to once again benefit from its safe haven status, many speculative players who depended on credit and leverage to fuel their trading are upping stumps and heading for safer games...
At the time of writing, the news wires have been reporting how the Fed is postponing the release of results of its stress tests on large US banks. The underlying reason, apparently, is executives at the banks are concerned about how the announcements will affect stock prices...
Anyone emerging from a cinema grumbling about the almost three-hour running time of Zack Snyder's new movie, Watchmen, might care to thank their lucky stars it wasn't even longer. Apparently, due to a superhuman amount of expert trimming, this interminably drawn-out slice of superhero hokum...
Since the start of the year, the moves in the markets, whether currency, equities, interest rates, or commodities, have exerted a much sought after calming influence on global investors. The scenario has also provided a welcome change for government authorities around the world...
`A man is nothing but his mind; if that be out of order, all is amiss, and if it be well, the rest is at ease'. Girolamo Cardano
Of course, we all know that the Italian Renaissance mathematician, physician, astrologer and gambler, Gerolamo Cardano, invented a type of universal joint and investigated the mathematics of probability… right?
