October has been a month of turbulence on world’s stock markets, with sharp falls in share indices around the globe. Is it just a wobble, or the beginning of a crash, and, if the latter, how can you trade through it?
Gold prices are lower again, although they are off their recent low points. The failure of bullion to find support in a turbulent world has puzzled those to whom it is the ultimate safe-haven asset.
Japanese shares are returning to favour after decades out in the cold. Investors are attracted by good value, better corporate governance and an improving growth outlook.
Great efforts are made to minimise trading risk and to shield traders from losses. But reduced risk leads to reduced reward – risk should be embraced and managed, not avoided.
Failure by the UK and European Union to achieve a breakthrough in Brexit talks has sent sterling and London share prices lower. The Irish border issue has again proved a stumbling block to agreeing the terms under which Britain will leave the EU.
London and major continental markets rallied today after the wrenching price falls of recent days. The focus now shifts to Wall Street, when it opens later today, to see if the new upbeat mood can last.
Oil prices have surged during the last 12 months but have recently turned downwards. Investors have been spooked by high US inventories overhanging the market and some wonder if oil’s recent strong performance can last.
The euro has lost ground against all major currencies during the last 12 months as a result of both political and economic factors. A budget bust-up between Brussels and Italy is just the latest problem impacting the single currency.
Cryptocurrencies have been on a rollercoaster ride during the last year and there is no guarantee of calmer times in 2019. Traders need to consider a range of factors in order to give themselves the best chance of success in the months ahead.
Gold, the ultimate safe haven asset in times of stress, is failing fully to benefit from trade wars, political difficulties and tensions with Russia. The price has lost more than 5% during the past 12 months, with some suggesting the US dollar and cryptocurrencies are giving bullion a run for its money.
Continental stock markets have suffered a torrid month, with all bar one lower on October 2 than they had been on 3 September. Political difficulties in Italy, France and Germany seem to have combined with a cloudier economic outlook to bear down on share prices.
London shares were lower this morning as the Conservative Party’s conference enters its last two days. Tomorrow, Prime Minister Theresa May will try to unite the different wings of the party behind her vision of Brexit.
Oil prices rose again this morning as US sanctions on Iran threatened to reduce supply. Some see the price hitting $100 a barrel, but others are sceptical.
Historical price patterns contain a wealth of information for the trader but the task of sifting this data can seem daunting. Here, in straightforward language, we explain how to read stock charts and graphs.
Traders were torn today between cheering an expected US rate rise and fearing an escalating trade war with China. As the Federal Reserve ponders its decision later today, President Donald Trump burnished trade relations with Japan.