“Trumpnomics” births “Tecnomics” which Keeps Markets capricious and on tiptoes. As the results of the EU parliamentary elections results provide some sort of comfort in that most are parties are pro EU. However, the silver lining here would be that UK’s Nigel Farage’s pro-Brexit party won. Both the US and the UK started the week […]

Marketers, dig their heels into Q1 Earnings Report. Meanwhile, nervous traders began to reconsider their bets on the GBP. After the EU agreed to an extension for the UK’s departure from the EU to take effect by October 31st the UK will be obliged to take part in the EU parliamentary elections on the 22nd […]

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 […]

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 […]

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 […]

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 […]