Christmas

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Here is the Abshire-Smith trading holiday schedule for the VertexFX 10 and MetaTrader 4 platformsover the holiday period. All effort has been made to ensure that these trading hours are correct, and the information is accurate at time of release. However there is a small possibility that these hours could change for reasons beyond the Abshire-Smith’s desks control. If you need any assistance please contact us (dealing@abshire-smith.com). Merry Christmas and Happy N…

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Halifax house prices show that UK property market registered its first annual rise since October 2010 Business Secretary Vince Cable has said that the part nationalised Royal Bank of Scotland, should have been fully nationalised to avoid its current state of limbo Fitch confirmed Holland’s AAA rating but revised its outlook to negative Cameron will not accept a deal on the EU budget at this week's summit in Brussels unless it freezes or cuts European spending -Gua…

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The square mile seems to be a lot quieter today as many employees have booked annual leave for the Christmas to New Year break. With many traders closing their books for the holiday period, it is likely that volumes will be low and liquidity thin. This could see markets become slightly erratic moves, or trade in a marginal band with little direction. Abshire-Smith’s client are recommended to check their market calendars for trading hours, and plan ahead their risk management stra…

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It is the first market update of the trading month, and in the UK the countdown to Christmas begins. If the shorter hours of day light hadn’t reminded people that is now winter, then the freezing temperatures over the last few days have. The shops on the UK seem to be attempting a first mover advantage, with many slashing prices prior to their busiest period. I briefly ventured into a few shops at the weekend and was amazed to see how many retailers were offering discounts! Many chains…

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