Fx Primus Rebates

US equity futures erase earlier gains on the day

Poof, and it’s all gone ForexLive E-minis have pared all its earlier gains on the day and has now turned negative as we move closer to the cash equity market open. Sentiment remains tepid as the declines last week continues to weigh on traders/investors’ minds despite it being a holiday-stricken week.

Fx Primus Rebates

Gold continues to wait for its big break

Bias has turned more bullish but upside break remains limited ForexLive As the dollar continues to hold weaker, one of the bigger beneficiaries in all of this has been gold. Price managed to break above the 200-day MA (blue line) last week, indicating that the price bias and momentum has turned more bullish.

Fx Primus Rebates

Who needs who the most: Britain or the EU?

Who is most reliant on each other?   Who needs each other the most? This is my last post of 2018 as I break for Christmas, so I thought I would end on an interesting article I read on the BBC over the weekend. It picks up on the notion, often bounced around post the…