Eurozone equities outperformed US since shutdown

Eurozone stocks have outperformed US stocks since the US government shutdown began October 1, according to Russell Indexes. In addition, value stocks have outperformed in non-US markets year-to-date as of October 7, while growth stocks led in the US as reflected by the Russell 3000® Index. For the month of October as of October 8, […]

Eurozone equities outperformed US since shutdown
IndexTrader – Market intelligence for talented traders

Debt ceiling deadline looming large

European indices are expected to open lower again on Wednesday, as investors become increasingly risk averse as the 17 October deadline for the debt ceiling approaches, writes Craig Erlam, market analyst at Alpari (UK). Once again no progress has been made in negotiations between the Democrats and the Republicans. Both sides appear to be doing […]

Debt ceiling deadline looming large
IndexTrader – Market intelligence for talented traders

Markets down as fears of US stalemate rise

Heading into the close the FTSE 100 is down 70 points, having shown little interest in reversing the negative trend through the day, writes Alastair McCaig, Market Analyst, IG. US political bickering has hung over the markets like choking smog, limiting traders’ ability to see blue sky, let alone silver linings. If progress is not […]

Markets down as fears of US stalemate rise
IndexTrader – Market intelligence for talented traders

Italian PM’s victory bolsters euro

The euro made a decent recovery in the last session breaching the 1.36 mark against the dollar, writes Sasha Nugent, analyst at Caxton FX. Victory for the Italian Prime Minister Letta contributed to some of the single currencies strength, and Italian Services PMI figures have helped to bolster the euro. Retail sales data at 10:00 […]

Italian PM’s victory bolsters euro
IndexTrader – Market intelligence for talented traders

Little market reaction to US government shutdown

It would appear that the markets either aren’t overly bothered by Congresses inability to avoid a government shutdown, or aren’t particularly surprised, based on the reaction in futures market overnight, writes Craig Erlam, market analyst at Alpari (UK). For weeks there has been fears that Congress would fail to come to an agreement on the […]

Little market reaction to US government shutdown
IndexTrader – Market intelligence for talented traders

Traders await UK current account balance for Q2

European index futures are trading relatively flat across the board on Thursday, after both US and Asian indices posted small losses again over night, writes Craig Erlam, market analyst at Alpari (UK). There will be a little more focus on economic data on Thursday, with investors in desperate need of a boost following another long […]

Traders await UK current account balance for Q2
IndexTrader – Market intelligence for talented traders

ICAP Europe slapped with £14m Libor fine

The Financial Conduct Authority (FCA) has fined ICAP Europe (IEL) £14 million for misconduct relating to the London Interbank Offered Rate (LIBOR). IEL is the first broking firm to be fined for failings relating to the benchmark. IEL’s misconduct breached the FCA’s Principles for Businesses, involved a significant number of brokers (including two managers) and […]

ICAP Europe slapped with £14m Libor fine
IndexTrader – Market intelligence for talented traders

First no dealing desk spread betting service for MT4

InterTrader Direct has launched spread betting and CFD trading via the MT4 platform. Markets offered include forex, indices and commodities, all executed via automated processing (ECN/STP) with no dealer intervention. Spread betting clients can now run expert advisors on MT4 to automate trading, analysis and strategy testing. In addition, InterTrader Direct operates a market-neutral broker […]

First no dealing desk spread betting service for MT4
IndexTrader – Market intelligence for talented traders

Markets keep eye on US debt ceiling negotiations

European indices are expected to open slightly higher on Tuesday, although a lack of progress in debt ceiling negotiations and confusion over Fed monetary policy is continuing to weigh on the markets, writes Craig Erlam, market analyst at Alpari (UK). Slow progress in Congress when it comes to negotiating on whether to raise the debt […]

Markets keep eye on US debt ceiling negotiations
IndexTrader – Market intelligence for talented traders

Dollar remains vulnerable

After an exciting day for trading yesterday, today should see the markets settle down a bit, writes Sasha Nugent, analyst at Caxton FX. With minimal data releases today some focus will be on the Public Sector Net Borrowing figures due at 09:30 this morning. Three FOMC members will be speaking this afternoon from 17:30, and […]

Dollar remains vulnerable
IndexTrader – Market intelligence for talented traders