4 Things You Need to Know Before Trading

Posted: Aug 05, 2010 |Comments: 0 |

4 Things You Need to Know Before Trading

Stocks in Asia were mixed overnight. The Nikkei led the way with a gain of 1.7% and Australia added a half percent, but the Hang Seng was unchanged and Shanghai lost two thirds of a percent. European indexes are generally higher; the Dax is currently up two thirds of a percent and the Footsie is up 0.4%. US stock futures are essentially unchanged.

*The June reading of German Factory Orders were more than twice as strong as forecast with a monthly gain of 3.2%.

*The Bank of England kept their benchmark interest rate steady at 0.5%, as expected.


*The ECB also stood pat on rates leaving their key rate at 1.00%. ECB boss Trichet will tell us all about it when he begins his press conference at 7:30am CDT.

*US chain stores are reporting their July same-store sale results this morning, some of the early returns include: Stein Mart -2.6%, Limited Brands +12%, The Wet Seal -4.3%, The Buckle -9.3% and The Bon-Ton Stores -0.3%.

*The weekly report on Initial Jobless Claims is due out at 7:30am CDT, it is expected to be 455k.

*The weekly report on inventories of Natural Gas is due out at 9:30am CDT, it is forecast to show an increase of 31 bcf.

*San Francisco Fed boss Yellen is scheduled to give some opening remarks at a hearing on the Home Mortgage Disclosure Act at 10:30am; she is not likely to comment on the economy or monetary policy.

For more information visit http://www.worldmarketmedia.com/779/section.aspx/2190/post/4-things-you-need-to-know-before-trading

Questions and Answers

Ask
200 Characters left
Rate this Article
  • 1
  • 2
  • 3
  • 4
  • 5
  • 0 vote(s)
    Feedback
    Print
    Re-Publish
    Source:  http://www.articlesbase.com/day-trading-articles/4-things-you-need-to-know-before-trading-2970440.html

    Article Tags:

    opening markets

    ,

    stocks

    ,

    overnight news

    ,

    world market media

    ,

    steve kanaval

    Stocks indexes in Asia were little changed on the session. Shanghai gained a half percent, the Hang Seng was unchanged

    By: Ronald Russol Finance> Investingl Aug 01, 2010

    The growing Indian market is attracting investors on the ground of the promising and assured return. The online trading is very popular these days and most of the people prefer it for quick money.

    By: Capitalaiml Finance> Day Tradingl May 26, 2012

    Learn the fundamentals of committing cash in Stocks, Ties, Common resources, Merchandise, Actual estate We create Getting Inventory Industry straightforward for you with a comprehensive guide to committing. Any effective stock market buyer must be acquainted with the fundamentals of stock market committing.

    By: wellindiaarticlel Finance> Day Tradingl May 24, 2012

    Online share trading is one of the most popular financial markets in the world today; however, any people are hesitant in starting due to not knowing a lot about it. This article will help explain what online share trading is all about, how you can get involved for a low initial investment and what to consider before, during and after trading.

    By: Tom Robertsl Finance> Day Tradingl May 23, 2012

    The stock market is mostly used to create money. . I am sharing my investment strategy as a retail investor. Most financial experts recommend investors to initially contact a financial advisor. Able to provide advice, it can ensure that the money an investor get a good return or not.

    By: Deeptil Finance> Day Tradingl May 18, 2012

    This article has discussed about the importance of Stop orders. Stop orders act like the life jackets

    By: manasal Finance> Day Tradingl May 18, 2012

    Stocks were mixed in Asian trade. The Nikkei, Australia and Hang Seng were all fractionally higher while Shanghai fell a quarter percent. European indexes are generally higher on the session with the Footsie higher by more than one percent and the Dax currently up by about three quarters of a percent. US stock futures are up more than a half percent.

    By: Ronald Russol Finance> Day Tradingl Nov 02, 2010

    The post meeting statement from the August FOMC meeting notified the market that the Fed would be "reinvesting principal payments from agency debt and agency mortgage-backed securities in longer-term Treasury securities."

    By: Ronald Russol Finance> Day Tradingl Nov 02, 2010 lViews: 121

    I know you've seen this commercial…he has cherub red cheeks, hair, beard and moustache and looks like the Grizzly Adams, Warrior Slayer of IRS tax problems. TaxMasters Inc (OTCBB: TAXS) . God Bless you Patrick!!

    By: Ronald Russol Finance> Day Tradingl Nov 02, 2010

    China Shuangji Cement has announced today they have completed the installation of their new Zhaoyuan City cement production facility in China, the world's fastest growing industrial country.

    By: Ronald Russol Finance> Day Tradingl Nov 02, 2010

    Just how many different ways is GPS tracking technology used these days and will this technology soon become ubiquitous?

    By: Ronald Russol Finance> Day Tradingl Nov 02, 2010

    Discuss this Article

    Author Box
    Articles Categories
    All Categories
    Quantcast