TOOLS TRADES

Dec

Manufacturing Production (GBP) – 09/12

: Donald Herison; 09 December 2014; Hits: 1251

What is it? It checks the change in the total inflation-adjusted value of output produced by manufacturers.

It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings.

When? December 9^th at 4:30am Eastern Time.

Trading Tip: If the number is higher than the forecast, you can expect the GBP to rise.

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: Donald Herison; 08 December 2014; Hits: 1434

Dec

3 Tips for Today’s Trading - 08/12

: Donald Herison; 08 December 2014; Hits: 3274

Here are 3 tips for today's trading. This will help you decide where you should invest and what to look for:

1) Records Tumble

The S&P 500 closed up 0.17% at another record level Friday, boosted by news that US employers added 321,000 jobs in November, making 2014 the strongest year for job growth since 1999.

Markets will be watching Monday to see if the Dow Jones Industrial Average can hit a new record at 18,000 points. The index came within 10 points of the milestone during Friday's session.

Early signs are that investors may have to wait a while longer, given a few reminders Monday about shaky global growth.

2) Japan's Recession

The world's third largest economy is in a deeper hole than expected. A second reading of third quarter GDP showed the economy shrank at a faster rate than previously thought, down 1.9% on an annual basis. An initial estimate put the contraction at 1.6%.

Voters go to the polls Sunday in parliamentary elections called early by Prime Minister Shinzo Abe in the hope that he'll secure a stronger mandate for his economic revival plan.

Japan's Nikkei was flat in a mixed session for Asian markets.

3) Europe Weakens

The downward revision to Japan's GDP data, combined with weak trade figures from China and a disappointing reading of German industrial production in October weighed on European markets in morning trade.

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Dec

08/12/2014 - December Daily Review

: Donald Herison; 08 December 2014; Hits: 1318

Friday’s Nonfarm Payrolls data was much stronger than expected. The data showed that 321,000 jobs were created over the past month, much above the expected 225,000. Figures pushed markets higher but gains were limited as the data also fueled expectations that the Federal Reserve could hike interest rates sooner than expected.

Asian markets climbed across the region. The Nikkei finished with small gains of 0.08% as the Dollar continued to climb against the Yen, reaching levels not seen since 2007 and climbing above the key psychological level at 120. Gains were limited, however, due to a range of negative data out of Japan.

European markets are lower today as the data from Asia heightens fears over global growth.

Oil continues to decline as the U.S Dollar strengthens. Weak data out of Asia lowered demand for the commodity and pushed prices lower. This came after Saudi Arabia cut its export prices to Asia and the US late last week.

Gold dropped following the strong NFP data but has since regained some of its losses. The market is now weighing up the potential increase in US interest rates against stimulus measures in Europe and Asia. As there are no important economic events today the metal is expected to trade choppy.