Another Tango Tuesday for markets. The US-China trade truce seems not to resound well with all investors as details remain murky and the EU considers the impact of President Trump’s tariffs on Car, Aluminium, and steel. Corrections from yesterday’s uptrends are inevitable with a light day on economic events. Market participants will be looking at […]
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Has the market gone “Crazy”?
Has the market gone “Crazy”? in a prudent anticipation for some relief. The Tech industry bolstered the market yesterday. With Twitter releasing amazing reports. Which sent its share prices rallying lows of 27.25 to highs of 33.70 before letting out some steam. Amazon followed suit with a surge of 7% from 1,653.99 -1,793.04 before easing […]
Markets Trying To Shake Off The Negativity
Markets trying to shake off the negativity as Q3 earnings reports have been disappointing thus far, even when major companies beat expectations, they are only able to boost the individual stocks of that company for a shorter time frame but not the index they are listed on. Wall Street has suffered huge losses wiping almost […]
Oil Inventories, USD flexes its Muscle Again
Following a very turbulent and to somewhat disappointing day for some investors as the earnings reports failed to uplift sentiment, that in fact Wall street further weighed on Asian stocks with negative undertones to the EU market on Tuesday. The day starts off on a positive note as China’s announcement late Monday, to launch a […]
Murder He Wrote? Rattles Market Nerves.
Markets Cringe with the possible retaliatory action from the US against Saudi Arabia in the Murder of the journalist, Jamal Khashoggi. The Turkish president Erdogan has promised a very detailed revelation of the events that took place to his parliament and citizens. Meanwhile, investors are taken aback as Monday’s Earning reports were unable to shake […]
A Big Week for Q3 Earnings Report In A Respite Market
It’s a big week for Q3 earnings report amid a respite market. As the week starts with a storm of events likely to push markets to their limits. With about 150 companies releasing their earnings reports, Amid Fed Speeches, reactions to the Italian budgetary woes which weighs on the EU. Contemplations on the progress of […]