UK Sept retail sales mm -0.8% vs -0.1% exp

UK Sept retail sales data now out 19 Oct – +0.9% prevfrom 1.0% – yy 1.2% vs 2.1% exp vs 2.3% prev from 2.4% – core sales ( ex auto fuel) mm -0.7% vs -0.2% exp vs 0.9% prev from 1.0% Ouch. Bye bye GBP. Happy days.  Range trading still though so don’t get greedy. Copyright…

Here’s a new take on the crash in 1987

There was talk about a tax on M&A activity I’m no scholar on the 1987 crash but I’ve heard the usual explanations. One that I read this week that makes sense is from Matt Maley. He talks about the government had floated a trial balloon regarding a takeover tax. Copyright 2015 Forexlive.com

Interpreting the Market with Chart Indicators

Learn more about chart indicators and which is best suited for your trading October 19 If you have been trading for long, you’ll know the torrent of technical data sent by analysts, companies, and even other traders. Experienced traders have various ways of wading through this overwhelming amount of information, however novice ones are likely…

European stocks finish lower

…but off the lows Closing changes for the main bourses: – German DAX -0.5% – French CAC -0.4% – UK FTSE 100 -0.3% – Spain IBEX -0.8% – Italy MIB -1.0% The S&P 500 is down 5.5 points at 2556 after falling as low as 2548. No dip is too small to buy in this freight-train…