Can anyone see what moves the market?

d.white

Can anyone see the news info that moves the markets in real time? Or do professional traders and fund managers see market moving news before the rest of us?

For example today, the main news I see which I imagine would have moved the FTSE was the BoE decision released at 12.00 which indicated unchanged interest rates and no further QE for now.

Watching the FTSE on Yahoo Finance there was no sudden reaction in the FTSE around 12.00. But between 12.30 and 14.00, the FTSE went from being +1% up to -0.75% down for the day.

So what caused the sell off?

Can anyone suggest a good source of news and feedback on what is moving the markets. Sites like MoneyWeek do give market analysis commentary but it's about an hour or so after the event.

Aegis

The base rate news was very unlikely to have caused any movement in the market at all, as almost no-one would realistically have expected any change today, therefore the inaction would have been priced into the market already.

Some major news stories will affect the markets very quickly, and those are usually available on places like Reuters, Citywire, the FT, the BBC, etc, but the likelihood is that you will be a long way behind the investment professionals who pay for the fastest possible news sources and the instant access to the markets.

Bear in mind that you're also seeing the delayed FTSE when you look at Yahoo, usually by about 20 minutes or so. You need better access to the markets if you want to try anything that involved timing, and that either comes with a fee or is granted as part of a specialist dealing platform of some description.

Also bear in mind that the market will move anyway, regardless of lack of news.

Sceptic001

Blame Jean-Claude Trichet for the 13.30 fall. You can usually rely on central bankers to upset market sentiment.
http://www.briefing.com/investor/markets/stock-market-update/
NB This is a US site, but is quite useful as events in US have a major impact on UK and other markets.

d.white

I did think that the BoE didn't produce any surprises; if they had surprised with QE I would have expected the FTSE to react swiftly upwards.

But then this adds to the mystery. What did cause the sell off?

Can anyone suggest where to sign up for one of the fee charging instant news feeds the professionals are using?

Aegis

d.white wrote: »

I did think that the BoE didn't produce any surprises; if they had surprised with QE I would have expected the FTSE to react swiftly upwards.

But then this adds to the mystery. What did cause the sell off?

Can anyone suggest where to sign up for one of the fee charging instant news feeds the professionals are using?

I don't know where you'd go, but I imagine you'd have to pay a fortune for the privilege!

d.white

Sceptic001 wrote: »

Blame Jean-Claude Trichet for the 13.30 fall. You can usually rely on central bankers to upset market sentiment.
QUOTE]


Thank you. Yes, I now see on the Telegraph's 'Debt Crisis Live' news feed that after Mr Trichet's comments most Europe's markets went into the red.

So, can anyone suggest where can individual investors get to see market moving news faster? It's over an hour since Mr Trichet's comments and too late to make any trades based on his negative comments. So what are the services out there that give the relevant market moving news as it happens?

Meeper

I saw the title of the thread, and wanted to reply "it's a little mouse in a wheel".

Sorry. I have nothing of merit to add.

Poor mouse.

d.white

Meeper wrote: »

I saw the title of the thread, and wanted to reply "it's a little mouse in a wheel".

Sorry. I have nothing of merit to add.

Poor mouse.

Bought its wheel on credit and is now in negative equity.

atush

Markets can suddenly shift when a country comes 'online' as the US does around 1pm our time. AS each new market opens you have more things moving the markets than say just the eurozone betwee 7am and 1pm.

What moves the market is sentiment, panic, and automatic selling programs ;-)

Sceptic001

Sceptic001 wrote: »

Blame Jean-Claude Trichet for the 13.30 fall. You can usually rely on central bankers to upset market sentiment.
http://www.briefing.com/investor/markets/stock-market-update/
NB This is a US site, but is quite useful as events in US have a major impact on UK and other markets.

Further to my previous remark... :(:(

U.S. stocks fall again as Bernanke's text released
NEW YORK (MarketWatch) -- U.S. stocks fell again Thursday as the text of Federal Reserve Chairman Ben Bernanke's speech was released, with Bernanke vowing the central bank would do all it can to bolster economic growth and employment. The Dow Jones Industrial Average DJIA -0.70% fell 70.38 points to 11,344.48. The Standard & Poor's 500 Index SPX -0.83% declined 8.21 points to 1,190.41. The Nasdaq Composite Index COMP -0.60% shed 13.22 points to 2,535.51
http://www.marketwatch.com/story/us-stocks-fall-again-as-bernankes-text-released-2011-09-08-1344330

Lokolo

Bloomberg have a Markets Calendar

http://www.bloomberg.com/markets/economic-calendar/

The data comes out at those times so you will see movements based around them.