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 […]
Search results for:
brexit
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 […]
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 […]
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 […]
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 […]
The Market Is Teaming Up with Action And Trading Options
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 […]