European futures are trading higher this morning on the back of the robust reading from China. The Chinese GDP data for the fourth quarter was pretty much robust, but I am more pleased with the retail and industrial production numbers. Both numbers have surprised traders towards the upside which is certainly a good surprise and…
Read MoreEuropean markets are trading higher this morning. Although, divergence was in play last week if we compare the U.S. markets with the European markets, because as the Europeans markets were high and had their best weekly gain on the back of a solid optimism that we will get the QE from the ECB, but this…
Read MoreECJ’s decision unleashed Draghi Mr Draghi must be feeling a lot more confident after receiving a favourable decision from the European Court of Justice. The expectation are ridding sky high that we will get an announcement from him on the 22nd. His comments to German media were the most direct comments when it comes to…
Read MoreAsian Markets Asian markets stocks are trading towards their high and this is despite the fact that the U.S. Session was negative. Investors are hopeful that the rout in oil price is over, but there are no reports of any change in fundamentals and in the last US oil inventory report, we have more supply than…
Read MoreEuro The Euro came under fresh pressure yesterday and touched a level which was not seen in nearly nine years. It makes you wonder how low the euro can go before the ECB deliver their decision next week on the quantitative easing program. It seems like that another obstacle could be coming in Mr Draghi’s…
Read MoreAsian markets are recovering their losses on the back of the better than expected report which came out in China. The Chinese trade balance data came in at 49.6B while the forecast was for the 48.9B. However, investors are still pretty much concerned about the drop in the crude oil price which has caused another…
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