Mon 22nd Dec 14, 14:15:01
Martin Weale, a member of the Bank of England's interest rate setting committee, said that UK workers could be set for bigger pay rises in 2015.
Search news for stories that mention a company:
Show only the stories that interest you with news filter.
US stocks advanced on Monday despite some weaker-than-expected economic data, as markets continued to rally ahead of the Christmas break. 1 hour ago
Retail stocks were receiving a boost in the lead up to Christmas, including Home Retail Group. The food retail sector was also doing very well, with Ocado Group, Mitchells & Butlers and Greggs all trading positively. "But so far this year the sector is cumulatively down by as much as 36.3% (ie c34% worse than the All-Share index) and it therefore remains easily the worst performing sector in the market this year," said retailing analyst and consultant Nick Bubb. 2 hours ago
Wall Street was heading for an upbeat open on Monday, as oil prices rallied and regained some ground after a disastrous spell over the last two weeks. 3 hours ago
Tiziana Life Sciences has been granted an exclusive license to develop and commercialise Novimmune SA's CD3 receptor monoclonal antibody foralumab. 5 hours ago
Hong Kong-focused MNC Strategic Investments swung to a pre-tax profit in the first six months of its financial year. 4 hours ago
Entertainment product distributor MBL Group saw its pre-tax loss from continuing operation double in the first half of the year, on the back of rising costs and difficult trading conditions. 4 hours ago
Disclaimer: This news feed is provided by Digital Look Ltd. BullBearings Ltd do not necessarily share the views expressed within the stories. The stories are for general information purposes only and not a solicitation or personal reccomendation to deal. BullBearings Ltd accepts no liability or responsibility for any of the content contained in the information provided by Digital Look Ltd.
In my previous article, I introduced the Ichimoku Cloud, a comprehensive chart analysis tool that can give a very good probability of successful trades when used correctly and in conjunction with the deployment of a robust risk management strategy.
The previous article looked at how to understand the Ichimoku Cloud, and this article follows that by focusing on how to use the Ichimoku Cloud to improve your trading, how to recognise a buy signal and how to recognise a sell signal.
Janet Yellen, the chair of the US Federal Reserve, has held a fine balance in my eyes and overall gave the market a boost it very much needed, before it was due to sink into oblivion just as Santa was dusting off his sleigh – we say hooray!
The rhetoric was very closely scrutinised but it’s changed the forward guidance language. They have stated categorically they can still ‘wait a considerable time’ – same language as before.
The Kiwi has been wanting to confirm a change in direction for today to the downside and it drops below the 0.7800 level. Today’s price action has stayed below the main pivot point, which is around the 0.7819 level.
The pivot points are actually levels of support or resistance where the price tends to change direction. Some traders watch the pivot points for breakouts, other for bounces.
If you have learned about options in theory until now but have never traded an option, you may not know what to expect. Let’s start by showing you an image of a basic Buy Call trade.
Take a close look at the trade, what do you see? What comprises the basic Buy Call trade above? Here is a quick breakdown:
The 200 Period Exponential Moving Average (EMA) can act as a very good resistance or support area, especially on the higher time frames. That is why when we see that the AUD/USD has reached its 200 EMA on the monthly chart, we should pay attention to the next moves on the pair.
Obviously, we should not leave out the fundamentals and as long as the Federal Reserve of the United States keeps hinting into applying higher interest rates, the Australian Dollar could remain weak versus the US Dollar.