ThinkMarkets - Latest News [Page 1]
ThinkMarkets UK Open: Settled
Wednesday, 12 February 2020, 12:54 am | ThinkMarkets
UK prelim GDP in focus A rebound here would be a welcome reinforcement cushioning the BoE's recent decision to hold rates in January, in a highly divisive 7-2 MPC vote. Forecasts are pencilled in for 0.2% m/m growth, beating out prior month's uninspiring ... More >>
ThinkMarkets UK Open: Cable On The Back Foot
Saturday, 8 February 2020, 12:24 am | ThinkMarkets
Sterling under pressure as Brussels play tough. Non-farm Payrolls anchored by a week of positive US data. Oil eyes a return to higher levels. Brexit concerns Sterling nudges along slumped at multi-month lows and increasingly looks under pressure having ... More >>
ThinkMarkets UK Open: A Bad Day For Mainland China
Tuesday, 4 February 2020, 6:59 am | ThinkMarkets
China reopens to some horrific scenes. European equities set for relatively unscathed open. UK Johnson and EU Barnier kick off transition proceedings. Alphabet earnings up ahead. China plunges as pandemic fears turbocharge It was a dirty day for residents ... More >>
EU MORNING: Risk Piles Back On As Investors Mull US-Iran
Wednesday, 8 January 2020, 10:22 am | ThinkMarkets
It seems the status quo of Q4 2019 - an inclination to chase risk - is quickly forcing its way back onto the scene as the palpability of expected yet unknown ramifications of US-Iranian tensions fade away. More >>
UK Open: Sterling doesn't celebrate Christmas
Thursday, 19 December 2019, 8:41 am | ThinkMarkets
Sterling not done yet Sterling price action has gone off a cliff-edge contrary to FX markets usually winding down in the days leading up to Christmas. The incredible surge following a Conservatives landslide victory to 1.35 has all but fully retraced ... More >>
Investors cheer trade deal while ignoring PMIs
Tuesday, 17 December 2019, 8:21 am | ThinkMarkets
Investors have cheered the certain delay of tariffs in the near-term with the underwhelming details of a US-China phase-one deal in principle baking peak optimism into equities. They’ve done so while completely ignoring the feeble release of European PMI data, ... More >>
A mandated Johnson’s coming to town (sing it)
Saturday, 14 December 2019, 12:00 pm | ThinkMarkets
An emphatic victory for Conservatives leader Boris Johnson confirmed exactly what many thought pre-voting – that the UK populace, weathered by years of uncertainty, were only going to the booths to set straight the Brexit decision they thought they ... More >>
Exit Polls: Boris Johnson's coming to town
Friday, 13 December 2019, 11:50 am | ThinkMarkets
The immediate verdict of the dramatic exit polls, Conservatives 368 vs Labour 191, have damned Labour suggesting it would be the worst result for the party in some decades. More >>
European Markets Trade Lower After French Data
Wednesday, 11 September 2019, 8:07 am | ThinkMarkets
European markets are trading lower due to the weakness in French industrial production and French final private payroll data. Both of them missed the expectations. The French industrial production came in at 0.3 percent against a forecast of 0.5 percent ... More >>
US Traders Take Cautious Approach After German Data
Saturday, 7 September 2019, 10:36 am | ThinkMarkets
US futures and European markets are trading higher but with caution. This is mainly due to two main reasons: firstly, we had feeble economic numbers out of Germany- the German industrial production number fell to -0.6%, well below the forecast of ... More >>
US Futures Trade Higher, BoJo's Plan Gets No-Go
Wednesday, 4 September 2019, 8:10 pm | ThinkMarkets
US Futures and European markets have shaken off the concerns of feeble economic growth. The better than expected French Services PMI data is also supporting the sentiment. Investors are no longer paying any close attention to the weakness in the US Manufacturing ... More >>
British Pound Touches 2016 Low Against Dollar
Wednesday, 4 September 2019, 8:23 am | ThinkMarkets
The Circus If anyone wants to see a 21st century version of political circus they do not need to look far, the British law makers are doing a pretty good job at it today. The country is facing its third election in under four years approximately. ... More >>
Gold Price To Touch $1,800
Thursday, 29 August 2019, 8:16 am | ThinkMarkets
Over the past few weeks, gold and silver have felt the love of investors while the world has suffered from a recession fear. Gold is up nearly 19 percent year-to-date (YTD) while silver has soared 7 percent YTD. The recession anxiety has been triggered ... More >>
US Core PCE Number May Move Markets
Wednesday, 31 July 2019, 8:51 am | ThinkMarkets
Traders are content with their approach today after a flat trading session over on Wall Street yesterday. There wasn’t much action over in Asia as well, and this is despite the fact that the Bank of Japan kept the powder dry- the bank left the ... More >>
Hopes on Trade Truce As G-20 Leaders Gathers
Friday, 28 June 2019, 8:16 am | ThinkMarkets
G-20 leaders have gathered in Japan and this is where the focus is among traders. There is some optimism that some frame work will be agreed on the future talk on trade war between the US and China. It is this optimism which pushed the Asian stocks ... More >>
Fundamental & Technical Analysis: Gold And Oil
Wednesday, 17 April 2019, 9:11 am | ThinkMarkets
The precious metal is out of luck once again, it is trading below the critical level of $1,300. The reason we are not seeing any rally in the gold price is mainly due to the strength in the US economic data. This has two impacts: firstly, traders are ... More >>
US Futures Plunge, Trade War Derailed Market Confidence
Saturday, 9 February 2019, 10:21 am | ThinkMarkets
US futures are trading sharply lower and the S&P500 index in on track for its first weekly loss year-to-date. If it closes the week lower, this would be a strong a sell signal according to the candle pattern- a technical analysis. Market confidence ... More >>
Stocks Roar On Hopes Of Trade Deal
Saturday, 19 January 2019, 10:55 am | ThinkMarkets
European markets and US futures are trading sharply higher today building on the optimism around the US-China trade talks. We have seen significant increase in the numbers of investors who have added risk assets in their portfolio on the back of ... More >>
Comments on Gold
Saturday, 19 January 2019, 10:54 am | ThinkMarkets
Gold price is moving lower today as investors are optimistic about the US-China trade deal despite the fact the Treasury has denied all the recent rumours. But the fact is that Washington and Beijing wants to make the deal now and it appears that they ... More >>
Special Report: The Upcoming Brexit Report
Saturday, 12 January 2019, 10:54 am | ThinkMarkets
A weaker currency usually makes the country’s export more attractive and we have seen this story playing really well over in Europe when the European Central Bank deliberately tried to push the currency lower. More >>