It’s all about the Fed Rate Hike and Oil today. Among the high impact economic reports due for the day from the UK’s Consumer Price Index CPI, US Existing Home Sales, there are two other highly anticipated ones, i.e. The FOMC’ Fed Interest rate decision at 19:00 GMT followed by the Press meeting at 19:30 […]
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"#SantaRally" Is A No-Show, Markets Are Still In The Woods
The Market is still not out of the woods. Perhaps #SantaRally may just not come this Christmas, as per Monday’s Post, global growth concerns amid Brexit and Oil dynamics plagues on the sentiments of worn out market participants. Following a “Bloody Monday session. Almost all online shops remain dovish. Nonetheless, Daytraders are becoming apt at developing short-term […]
Another Week Before Christmas In A Global Market Jungle
Another week before Christmas, in a Global Market Jungle. The market turned red post-Friday. However, with lingering progress between US & China, coupled with a decline in global growth which has not spared mainland China, investors remain cautious. Most traders and investors would be paying attention to development between the two big world economies as […]
A Tempestuous Trading Day Amid Growth Lags
Following Thursday’s tempestuous trading day market participants are not so eager to lunch out as uncertainties lurk. While some explore the possibility of gaining in Emerging Markets. The Market resorted to general selloff trading sideways in bearish territory for most asset classes. Meanwhile, the EU 27 member states, refused to give PM Theresa May face […]
Cordial Interaction Promotes Market Pacification
The optimism sparked by cordial interaction between China and the US leads to significant headways or events leading to some sort of “market pacification” Assets classes have been seen trading in their comfort zones near resistant levels, with hopes of a breakthrough which might not be likely. A loopy trading day ahead for traders laced […]
Boosted Market Sentiments On US-China Truce Developments
The reinforced news of more ease in the US-China relationship boosted market sentiment. Reports of President Trump proposing to step into the case against Ms. Victoria Meng CFO of Hawuei if it would help soothe the trade and tariffs negotiations. Made investors a bit more confident in taking their bullish positions. In the UK, Brexit […]