Hurricane Harvey damage expected to be widespread

Flooding likely to be a bigger factor than wind It’s extremely rare for a Category 4 hurricane to make landfall in the United States or anywhere else. The latest one was Hurricane Katrina. The NHC had predicted it would growth to Category 3 but it was even more powerful than expected. It made landfall twice, […]

S&P 500, DAX & FTSE 100 On Soft Footing

Trading psychology can’t be understated, check out this guide – Building Confidence in Trading. S&P 500 The big event to end last week was Fed Chairwoman Janet Yellen speaking in Jackson Hole, and in terms of giving rise to market volatility we saw a modest uptick. Next week brings a fair amount of ‘high’ impact […]

GBP: Signs of Stability Begin to Emerge

Chart: EUR/GBP Hourly Timeframe (August 18-25, 2017) Chart by IG That more stable trend for the Pound could well continue in the week ahead despite the start of the third round of Brexit negotiations. Few fireworks are likely and there could even be attempts to sound conciliatory, which might improve the current very bearish sentiment […]