July 12, 2012
- in Uncategorized by schooloftrade
Jobless Claims Gets us started early, keep it simple day trading strategy
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The James’ Report: Day Trading Strategies for Professional Traders
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Keep it simple; as traders we need to resist the temptation to over-complicate our work because when we keep it simple we are more effective and much happier in our personal lives. We all know the feeling when we’re doing too much, its overwhelming to go to work each day, and it kills your productivity. By simplifying your work, focusing on the most important aspects only, you’ll be more successful in a much shorter period of time.
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News from Around the Globe Overnight:
– Fed Meeting Minutes paint a grim picture, more QE coming soon possibly
– Core EU sovereign bond yields hit record lows in countries including Austria, Belgium and France.
– Use of the ECB’s deposit facility declines sharply and moves to lows not seen since late Dec, amid recent rate cut and maintenance period (€324.9B parked in deposit facility vs. €808.5B prior)
– 3-month Euribor continues to hit record lows
– Markets show caution ahead of the release of China’s Q2 GDP data, commodities broadly lower
– China June new yuan loans higher than expected, while fx reserves miss forecasts
– European equity declines are being led by Spain’s IBEX-35, after the index outperformed on yesterday’s session.
European equity indices are broadly weaker, while bond yields are also lower
– Spanish and Italy bond yields decline, despite rise in default insurance costs or CDS.
– European profit warnings continue (Peugeot, Temenos)
– Core EU sovereign bond yields hit record lows in countries including Austria, Belgium and France.
– Use of the ECB’s deposit facility declines sharply and moves to lows not seen since late Dec, amid recent rate cut and maintenance period (€324.9B parked in deposit facility vs. €808.5B prior)
– 3-month Euribor continues to hit record lows
– Markets show caution ahead of the release of China’s Q2 GDP data, commodities broadly lower
– China June new yuan loans higher than expected, while fx reserves miss forecasts
– European equity declines are being led by Spain’s IBEX-35, after the index outperformed on yesterday’s session.
European equity indices are broadly weaker, while bond yields are also lower
– Spanish and Italy bond yields decline, despite rise in default insurance costs or CDS.
– European profit warnings continue (Peugeot, Temenos)
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