When Black Gold turns into a Black Swan In one week a suspicion of changing sentiment with eyes fixed on falling oil prices as the cause, turned into a black swan event that caused a major rout in global equities. By tuesday morning it was clear that a shift in...
A dramatic week so far and on Monday signs were already there that sentiment in the market was shifting with equities falling across the board. This, following 2 major events last week both with their own implications, the Eurozone continuing its struggle with...
The Growing Gulf : The US v Global Gloom This week gave us perhaps the starkest picture of the growing contrasts between the ongoing struggles in the Eurozone to the impressive and unexpected upturn in US economic recovery seen Friday in the non farm numbers. Of...
Like a lot of Forex traders, I started out with a technical approach to my trading. Learnt a method or two, spent a few hundred dollars on ‘systems’ that never really worked for me. Each time I at least learnt a new indicator but I kept abandoning the method and...
Black Gold Yes, it was all about oil as we knew at the beginning of the week. The Opec meeting in Vienna sparked speculation, saw analysts evenly split on their predictions, Russian interference, Saudi hints and then finally the meeting. And the result? A huge...
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