March 19, 2019
Tuesday Market Tango With Oil As Co-Driver.
Tuesday Market tango with Oil as Co-driver. The markets are blissful today ahead of the day’s weekly API Oil stockpile report. While the USD losses a bit of its edge. Naturally, the FOMC’s schooled meeting will be monitored closely to the culmination of the FED Interest Rate Decision on Wednesday. The current Rate is at […]
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February 11, 2019
The USD, Still Got Its Foot on the Throttle.
The USD still got its foot on the throttle, with the DXY dollar index which measures the strength of the USD vs a bunch of other currencies registering bullish intent. At 96.74 up 0.10% at the time of print. Trading between 96.62 – 96.78. The New week begins with market participants’ eager for direction as […]
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January 11, 2019
A volatile “Vendredi” Friday, Partially Blindfolding Markets.
A volatile “Vendredi” Friday, partially blindfolding markets. Following up on Thursday’s post as markets brace for today’s profit-taking global stocks seem on track to end to week on a positive footing. Driven by several factors, partly due to development in the US-China Trade Impasse, which has brought to light adverse results which is contributing to […]
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January 10, 2019
Markets Brace For Some Profit-taking
Markets brace for some profit-taking following the Sino-US trade negotiations which injected a dose of optimism at the beginning of the week, However, as “hope” keeps getting slapped in the face. We are likely to see some retractions. Although market participants are to assume that the meetings went well from US President Trump’s tweets, details […]
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January 9, 2019
All Eyes On US Fed Munites,CAD Interest Rate, & Oil inventories,report
All eyes on US Fed minutes, Canadian interest rate decision and Oil inventories report. Market participants are hunting. Meanwhile, the US-China talk enters into its 3rd day, with the progress thus far encouraging. Despite the US government’s partial shutdown in demand for assistance in constructing the border Wall with Mexico Which enters its 3rd week., President […]
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January 8, 2019
Without Any Concrete Concessions, Market participants Jump
Without any concrete concessions, Market participants had excitedly jumped on the bandwagon that trends were going to surge with the US & China back at the table and perhaps the prospects of future US rate hikes were put on a slow burner. Unfortunately, the trends could not carry the sentimental burden much further without a […]
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