An Awesome Start To A Trading Week With Wall Street High.

What awesome start to a trading week, following the G-20 summit on Friday Investors and Traders sentiments are optimistically gleeful. On a truce between the US and China. Global markets were up trending at the time of print 07:30 GMT. However, analysts believe there could be more bumps before calm is restored. This week market participants […]

Dollar on Fire, Commodities Sink, Wall Street Disarray.

The Turkish Lira continues to wallow with minor correction as the Turkish Central Bank issues assurance to provide enough liquidity to pass through the storm.  Meanwhile prudent investors trading on the momentum of the market opted to buy the USD. The USD has thus gained considerable wings. The US Dollar Index (DXY), which measures the […]

Wall Street Out, Enjoying US Independence day!

 Wall Street is closed for Independence day celebration.  Market participants are anticipating a very volatile trading day as trading volumes have decreased  The US Dollar recedes from yesterday’s highs giving way to most of the metal commodities such as Gold, Silver, etc. Aluminum & Nickel remain the odd ones out pressured down by the trade […]

The Trumpnomic Effect & Wall street

Asian Shares rose Monday morning propelled by upbeat U.S. jobs growth report on Friday. The Non- Farm Payrolls reported 223,000 new jobs versus a forecast of 189,000. Volatility is highly likely, amid commotions surrounding the newly imposed US. Tariffs imposed on its “Allies” though Wall Street seems unraveled by it. The USD Uptrends has pushed […]

Wall Street Falls Despite Strong Corporate Earnings

US stocks extend previous session’s losses and European bourses fall after earnings set cautious tone. Euro sliding below $1.22 as dollar strengthens. 10-year Treasury yield at 3.02%. A raft of earnings disappointments and the 10-year US Treasury yield touching the psychological barrier of 3.0% for the first time in four years rattled investor sentiment. The S&P 500 […]

Wall Street is slowly recovering from previous week`s slump

Investors are breathing a sigh of relief after the torrid times during previous week. The S&P 500 futures rose 28 points or 1.08% to 2,647.25 as of 6:39 AM ET (11:54 GMT) while Dow futures increased 269 points or 1.10% to 24,436.0. Meanwhile tech heavy Nasdaq 100 futures was up 66 points or 1.03% to 6,484.0. European […]