Anyone scalping the FTSE Futures??

The UK Statistics Authority watchdog is investigating complaints that the Prime Minister breached the rules on disclosing official figures by hinting that good news can be expected tomorrow. But Downing Street said: “The issue here is was he talking about tomorrow's figures? I'm telling you he wasn't."

Number 10 declined to say whether Mr Cameron had received advance notice of tomorrow’s figures before Question Time. A senior Labour source said: “"It is a sign of a desperately weak David Cameron that he has to play fast and loose with the rules on financial information to get him out of a political hole."
 
samirs said:
Hi bustech

How are you? Looking forward to your commentary before the Asian session.
Click to expand...

Hi Samirs

Tight ranges, buying dips in ASX well supported 4485/4490, but gains should be capped at 4515/4520
Also taken a buy in FTSE at 5792 at the close in New York, just with the AUD/USD holding up well overnight, might be some upside in FTSE, good GDP read would help.

Kiwi dollar leading the current charge.
 
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morning all

not much change for me 5780 crucial...the ftse is still green but only just ...the dax has joined in tho it's gone green but again not by much (vorsprung bull tschnik) :)

uncle sam seems reluctant ...still think 1422 is the key for s&p...all cash
 
SuddenDeath said:
The UK Statistics Authority watchdog is investigating complaints that the Prime Minister breached the rules on disclosing official figures by hinting that good news can be expected tomorrow. But Downing Street said: “The issue here is was he talking about tomorrow's figures? I'm telling you he wasn't."

Number 10 declined to say whether Mr Cameron had received advance notice of tomorrow’s figures before Question Time. A senior Labour source said: “"It is a sign of a desperately weak David Cameron that he has to play fast and loose with the rules on financial information to get him out of a political hole."
Click to expand...

keep eye on uk gdp at 9.30, basing pattern yesterday ftse looks like accumulation, but US indices are very weak and when US opens may drag FTSE back to reality
 
Tim Haefke 1390 (5727) 1421.5 is resistance (5857)

EURUSD above 1.3000 currently 1.2998 would help indices rally.
 
SuddenDeath said:
keep eye on uk gdp at 9.30, basing pattern yesterday ftse looks like accumulation, but US indices are very weak and when US opens may drag FTSE back to reality
Click to expand...

Agree with that call, US will sell into strength.
From the floor at the CME, there is no volume in the selling.
So looks like a correction and not a new trend.
Lot of traders sitting on there hands at the moment.
 
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