TOOLS TRADES

Dec

Greek Presidential Elections (EUR) – 29/12

: Donald Herison; 29 December 2014; Hits: 1343

What is it? Members of Parliament will hold the third round of voting to elect the 9th President of the Hellenic Republic. A total of 180 votes are required to elect the President.

The winner will likely be projected before the official vote count is announced, based on early vote counts and exit polling.

When? December 29^th all day long.

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Dec

UBS Consumption Indicator (CHF) – 29/12

: Donald Herison; 29 December 2014; Hits: 1553

What is it? It checks the level of a composite index based on 5 consumer-based economic indicators.

It’s a combined reading of 5 economic indicators including consumer confidence, consumer spending, tourism, new car sales, and retail activity.

When? December 29^th at 2:00am Eastern Time.

Trading Tip: If the number is higher than the forecast, you can expect the CHF to rise.

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Dec

4 Tips for Today’s Trading - 26/12

: Donald Herison; 26 December 2014; Hits: 3223

Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

1) Futures Firm

US stock futures were pointing to a positive open though a quiet session was expected to close out the shortened trading week.

On Wednesday, the Dow Jones industrial average inched higher to notch its second straight finish above 18,000. The S&P 500 closed relatively flat, and the tech-heavy Nasdaq gained 0.2%.

There are no major earnings due out Friday and no economic updates either.

2) Oil Rebounds

Crude oil ticked up in electronic trading Friday to trade above $56 a barrel. Oil prices have suffered sharp falls this year as a combination of abundant supplies, a strong US dollar and weaker demand from Europe and Asia deterred buyers.

3) Ruble Stabilizes

Russia's battered currency regained some poise Friday following a series of interventions by the government and central bank this week to halt a worsening financial crisis.