Every week I will be publishing the links to all the Samurai Summary & Top Tweets Today articles that I have posted during the week in case you might have missed it. They full of great insight and give a general overview of what's been happening in the news of the day
Samurai Summary: 31/08/2015
Samurai Summary: 01/09/2015
Samurai Summary: 02/09/2015
Samurai Summary: 03/09/2015
Samurai Summary: 04/09/2015
Top Tweets Today: 31/08/2015
Top Tweets Today: 01/09/2015
Top Tweets Today: 02/09/2015
Top Tweets Today: 03/09/2015
Top Tweets Today: 04/09/2015
The week started off calmly with a continued effort by the bulls to cover ground lost to the bears over the past few weeks. August's dismal performance highlighted the challenges facing traders at present in the market. The change in sentiment has driven many into safety as China battles to contain its own financial crisis brewing up a storm in the process.
The first trading day of the month started off badly with major US indices ending down 3%. I posted great statistical analysis by Ryan Detrick detailing some worrying probabilities that predict September may produce less favourable performance than August.
It was also reported that tensions are growing in Greece as elections draw nearer. What many have expected as a resolved issued could pull a twist in fate and rear it's ugly head once again to create uncertainty. EU leaders have had a difficult few months dealing with ultra left leader Alexis Tsipras who has ultimately damaged relations between his country and the EU. Its speculated that a debt deal hasn't been finalized to put pressure on the existing Greek government to meet reform agreements made.
Google announced a new change to it's logo, the first in over 14 years. The change happened as management focused on listing a new holding company called Alphabet so that it is able to segregate different areas of their business so that management within those business can focus on them specifically.
US senate voted in favour of Barack's Obama Iran Nuclear deal allowing sanctions to be dropped against the Middle eastern country. Although seen as good for diplomacy between the West and Arab world it has been met with vigorous resistance from existing US allies, namely Israel. Should the deal be concluded it could result in more oil supply coming to market in a already surplus filled market.
Comments from ECB President Mario Draghi that the central bank will do whatever is necessary to stop the EU from falling deeper into deflation sparked off a rally in the markets although it was short lived. Chinese markets were closed for a long weekend as they celebrated the end of World War which brought calm into the market for the first time in weeks. Thursday late session saw a rapid sell off as worry crept in once again and continued into Friday. The feeling is instability could be around for a while longer.
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