Friday, March 12,  2010
Chinese consumer confidence rose in February (the things we watch these days!), however Chinese stocks were lower overnight on worries that the government may move more firmly to contain inflation.  A research report from Citibank said that the Chinese may need to bail out banks that made loans to local Chinese governments.  [...]

Friday, March 12,  2010
Read more at TraderPlanet.com
EUR/USD
The Euro found support above 1.36 against the dollar on Thursday and had a generally firmer tone, although it was unable to make strong headway as ranges were generally narrow.
Fears over the Euro-zone eased slightly, although there was still a high degree of caution, especially with strikes within Greece [...]

Thursday, March 11, 2010
Overnight there was a lot of data showing that the Chinese economy is running hot – high inflation and retail sales.  PBOC Governor Zhou and a representative from the Ministry of Commerce both said that inflation will not be a problem this yes.  What do they know that we don’t?  It was [...]

Thursday, March 11, 2010
Read more at TraderPlanet.com
EUR/USD
The Euro again dipped to test support below 1.3550 against the dollar on Wednesday and the US currency was also unable to sustain a break below this level for the second day.
The Euro was able to stage a technical recovery during the day, bolstered by the ability to hold [...]

Wednesday, March 10, 2010
U.S. equity markets are trading firm overnight after yesterday’s surge to the upside. Buying pressure dried up late in the session, but no damage was done to the uptrend. Volatility is falling which is making traders appear complacent. This could be both good and bad. On the good side, it could mean [...]

Wednesday, March 10, 2010
Read more at TraderPlanet.com
OVERNIGHT/EARLY MORNING DEVELOPMENTS

The market features in overnight/early morning trading today are firmer crude oil and gold futures prices.
JIM’S MARKET THOUGHT OF THE DAY *
Most agricultural commodity futures markets have price “seasonality,” whereby prices tend to trend higher or lower at certain times of the year. The seasonality in ag [...]

Tuesday, March 9, 2010
Read more at TraderPlanet.com
EUR/USD

The Euro maintained a firmer tone in early Europe on Monday as French President Sarkozy pledged support for Greece. The Euro also gained some support from generally firm global risk appetite.
The Euro-zone economic data was mixed with the Sentix business confidence index slightly stronger than expected for March while [...]

Tuesday, March 9, 2010
Read more at TraderPlanet.com

OVERNIGHT/EARLY MORNING DEVELOPMENTS
The market feature in overnight/early morning trading today is a stronger U.S. dollar index and lower crude oil and gold futures prices.
JIM’S MARKET THOUGHT OF THE DAY *
Crude oil prices are under selling pressure today, after having pushed above $82.00 a barrel on Monday. While no near-term [...]

Tuesday, March 9, 2010
Yesterday’s lackluster session in the US carried through to muted trading in Asia overnight. Chinese stocks saw small gains on some decent earnings reports, but Chinese traders are waiting for a number of economic releases due Thursday. European stocks were lower on concerns over the banking system. Fitch made [...]

Monday, March 8, 2010
U.S. equity markets are expected to open better this morning due to a pick-up in demand for higher yielding assets. Investors are also feeling more confident in the long side following last Friday’s better than expected Non-Farm Payrolls Report. The lack of fresh major economic news until at least Thursday could keep [...]

Monday, March 8, 2010
June Dollar Index appears to have reached an exhaustion point in its rally, we are shorting the market using a June 79/77 bear put spread with a naked 84 call.  The trade is 10 under 10 over meaning that it’s a debit of $100 for the spread which would be your risk [...]