August 17, 2012
- in Uncategorized by schooloftrade
Consumer Sentiment on our radar summer-Friday trading
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The James’ Report: Day Trading Strategies for Professional Traders
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MAKE IT EASY: When life comes at you fast, and we are faced with new challenges in our personal and professional lives it’s important we remember that the solution can be as easy and simple as we want to make it. Things do not need to be that hard and complicated, but when we go into a new situation with our head down and our emotions in charge we always seem to make a new job more complex than it needs to be. It’s important that we stay calm, take a step back to understand the obstacle in front of us, and review the different options we have for a solution. Is there a daunting task in front of you today? Put this theory to the test by reviewing the many ways to get from point A to B, and make an educated decision on your plan of attack. Keep your mind open to new ideas today, keep it simple, and happy Friday. —————————————————————————————
News from Europe this morning:
-German Chancellor Merkel backs ECB’s Draghi’s condition to aid Europe
– Finland’s Foreign Min Tuomioja: Need to be prepared for the possibility of a euro break up but comments refuted by its European Affairs commissioner
– Markets continue to expect that the PBoC will announce a rate cut to support the slowing economy
– Finland’s Foreign Min Tuomioja: Need to be prepared for the possibility of a euro break up but comments refuted by its European Affairs commissioner
– Markets continue to expect that the PBoC will announce a rate cut to support the slowing economy
– Although trading conditions have remained thin, European equity indices are trading higher led by the Spanish IBEX-35 and Italian FTSE-MIB, amid the sharp declines being seen in 2-year peripheral government bond yields, as Germany’s Chancellor Merkel appeared to express support for ECB President Draghi’s plans to support the euro zone. Overall, the comments made by Merkel on yesterday’s session, were her first direct comments since mid July.
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