Sentiment is slanted slightly downwards this morning as we approach the afternoon session in Europe. Stocks are mixed and the core European government bonds are posting solid gains. The tedium over the prolonged Greek PSI talks continue after, not for the first time, rumours yesterday afternoon that a deal was done proved to be unfounded….
Xstrata up 10% on merger talks with Glencore
Investors received a boost this morning when better-than-expected manufacturing data from the UK and China saw the UK Index rise and fuelled gains in mining and banking. The first surprise of the year came when Britain’s (UK) manufacturing sector unexpectedly returned to growth for the first time in half a year, giving people hope that…
Introduction Moving Average Convergence Divergence (MACD) is a momentum indicator. MACD is an oscillator, plotting the difference between two trend-following indicators. MACD moves around a zero line as the two MAs converge, cross and diverge. A signal line is used for interpretation. MACD brings together momentum and trend, with signals generated from MACD crosses with…
Honeywell Q4 EPS $1.05 vs $1.04 est