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 […]

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 […]

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 […]

The Market is teaming up with action and trading options, following Friday’s better than expected NFP report adding (315,000) which sent the USD up momentarily until Fed Chair’ Jay Powell’s speech in which, Investors interpreted his usage of the words “patient” as an attribute to “forward guidance” to be a caveat. Thus moving to the […]

The First market weekend of 2019 laced with faltering optimism. Market participants hoping to book some profits ahead of the weekend laud to the economic events set to be released during the day. Amongst the deluge of reports is the UK’s HPI, EU Core PMI, US NFP, US Crude Oil Inventories, and Baker Hughes Rig […]

Market wounds are continuously being bruised. Apple Inc. was forced to cut its revenue outlook for upcoming Quarters on low iPhone demand in China, due to its legal stance against QUALCOMM, amid regulations and privacy scrutinized policies which pull US TECH and US30 stocks down with APPLE Stocks. A day teaming up with economic data […]