LCG Morning Call European Opening Calls FTSE +14 points at 7296 DAX -6 points at 12,251 CAC +3 points at 5084 A mixed open is expected in European shares on Tuesday following yesterday's late sell-off. The Japanese yen and gold prices are rising in ...

LCG Market Analysis

Stocks waver with St Petersburg bombing Markets were steady on Monday with no sign yet of a resumption of last week’s dip-buying in stocks. Anecdotally, traders appear to be waiting for FOMC minutes and the US unemployment report to test the ...

LCG Market Analysis

EU reveals Brexit draft, GBP unchanged The pound shortly reversed gains accumulated through the Asian session, as the European Council revealed the draft guideline for the Brexit. The EU said ‘nothing is agreed until everything is agreed’. In the ...

LCG Market Analysis

LCG'S Market Snapshot: A double bottom in Brent crude oil? Talk of 95% compliance from OPEC counties in March to oil output cut targets as well as a Libyan production outage has reduced concerns of oversupply despite record US stockpiles. US ...

LCG Market Analysis

US GDP data could boost the Fed hawks following Rosengren’s comments Except the yen, all G10 majors softened against the US dollar following hawkish comments from the Federal Reserve (Fed) presidents. Boston Fed President Eric Rosengren said he ...

LCG Market Analysis

Article 50 is fine but the EU wants a bad deal Dollar expectations skew GBPUSD The British pound fell back sharply against the US dollar in hours before Prime Minister Theresa May triggered Article 50 to officially leave the EU. The trouble with ...

LCG Market Analysis

Brexit-day. Focus on UK assets and the pound The Article 50 is triggered; the UK has officially sent its demand to leave the European Union. PM Theresa May will speak at the Parliament by the mid-day in London and is expected to reveal the content ...

LCG Market Analysis

UK political worries to cap GBP, FTSE The United Kingdom is under the spotlight, as the country prepares to start the Brexit process on Wednesday, March 29th. As such, the Brexit shenanigans keep the headlines busy, the latest being the bill the UK ...

LCG Market Analysis

LCG Market Snapshot video: Dragon Fly Doji reversal on Wall Street url The Dow Jones sold off for 8 days but has reversed strongly overnight, creating a Dragon Fly Doji candlestick pattern on the LCG Wall Street daily chart. Markets are hopeful ...

LCG Market Analysis