Arriving at the end of another very active week coupled with the usual profit-taking and US jobs report (NFP). As the USD maintains its strong stance with slight downward corrections. Global Stocks: Have not recovered from the bearish mode. As China enters into the 3rd day of National Day commemorations. Meanwhile, Asian shares linger, EU shares […]
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Markets Eyes US Jobs Report The NFP, & Closure To The Trading Week.
Markets eye US jobs report the NFP, & closure to the trading week. It’s another Friday, Market participants are eager to close their books with some profit-taking. Thursday fundamentals backed our prognosis. With the exception of the Italy 40 i.e. FTSE MIB which went North as opposed to South. Last month’s NFP was a flop […]
Friday Profit-Taking & Market Respite After Massive Selloff
Friday profit-taking and market respite forces market participants to reconsider their positions after the massive selloff. The viral arrest on Ms. Sabrina Meng, CFO, of Huawei was seen by seasoned investors as a distraction or addition to volatility. Since here detention was on the 1st of December and not yesterday. The USD remains broadly supported […]
US-Tariffs,Profit-Taking & Payrolls
Today The USD regained some dominance and back in the spotlight, affected by the Imposing of US. Tariffs, on Steel, Aluminum, and other Metals. These new round of Tariffs will affect the EU, Canada, Mexico & China. likely to mess up the NAFTA deal. The EUR, GBP, JPY, a basket of other major currencies and […]
U.S Non-Farm Payrolls & Profit Taking.
Market participants are anticipating the day’s release of the U.S. Governmental payrolls report (NFP) with the expectation of at least 86,000 additional new employees. Forecasts suggest 189k vs 103k from the previous month with upside trends for the USD. The report comes on a day when investors seek profit-taking ahead of the weekend. Thus amid […]
Brexit & Q3 Earnings Report with Data Deluge.
Brexit & Q3 Earnings report with Data Deluge. The Market’s response to the ongoings with Brexit, Q3 Earnings Report, US-China Trade saga and Middle – Eastern tension are all familiar phenomenon, while we have expounded at length in previous articles and post. Caution is still warranted as the rewards are sweet, the losses are also […]