Asian markets found modest buyers early on, feeding off the leads from Europe and the US, but then saw some bizarre price action around midday. High frequency...
Chris Weston
Pepperstone
Asian markets found modest buyers early on, feeding off the leads from Europe and the US, but then saw some bizarre price action around midday. High frequency trading (HFT) is firmly in the spotlight right now; with the FBI investigating the advantage certain funds have over others. The issue has reverted to the logic used for systems which adopt positions purely on news flow. The fact that we saw CME copper spike today on news of the huge earthquake in Chile is understandable, given Chile accounts for 33% of global mined copper production, but why this put a bid in US futures, USD/JPY, EUR/USD, and AUD/USD is very strange - (VIEW LINK)
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Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market price action and advise on actionable trade ideas and investments in multiple asset classes.
Chris Weston
Head of Research
Pepperstone
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
Expertise
Chris Weston
Head of Research
Pepperstone
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
Expertise
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