April 4, 2012
- in Uncategorized by schooloftrade
Spanish bond auction results disappoints and offsets a parade of better PMI Services data in session
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The James’ Report: Day Trading Strategies for Professional Traders
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Professional traders understand the value of running their business with the right attitude. If traders enter each day with a partnership approach to the markets they trade they have a much higher chance of success than if they look at each day as another struggle with an opponent. Find a way to look at the positive aspects of your trading day, they are easy to find.
***Notes/Observations from around the world***
– European shares continued to trade lower taking cue from Wall Street close and Asia after Fed’s meeting showed that the majority of the members were against additional stimulus. Although members agreed that the economy had improved and while the Fed was ready to buy or sell assets as appropriate members do not see the need to do so immediately. European PMI data also was disappointing while European retail sales came below analysts’ expectations.
– Australia registers another Trade deficit
– FOMC minutes begs to questions the recent dovish remarks by Chairman Bernanke and highlighted a slight shift away from QE
– Major European PMI Services beat expectations
– Spain sold the lower end of its expected amount coupled with higher yields and softer bid/cover ratio in its first sale since the announcement of the 2012 budget
– FOMC minutes begs to questions the recent dovish remarks by Chairman Bernanke and highlighted a slight shift away from QE
– Major European PMI Services beat expectations
– Spain sold the lower end of its expected amount coupled with higher yields and softer bid/cover ratio in its first sale since the announcement of the 2012 budget
