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 […]
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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 […]
The Market Is On Frail Knees Praying For Mercy!
The Market’s week starts with frail knees. Hit hard from Friday’s roil. US-China’s 90-day truce became turbulent with the arrest of Huawei CFO Ms. Meng. Market participants associate her detention as part of the tactics in the ongoing trade tiffs. Traders sentiments have been bearish and cautious in anticipation of any unfavorable news from the […]
Cyber Monday & Hopeful Market Post Brexit Summit.
Cyber Monday is upon us and the markets are hopeful some last minute sales today could help the mini dent Black Friday caused before trends were reversed. With the EU commission’s endorsement on Sunday of the proposed Brexit Plan, some sort of semblance to alleviated market sentiment and restored faith is noted. Italy also came […]
Black Friday Sales & More Market Shenenigains
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US Thanksgiving and Market Reactions
With the US Market closed for Thanksgiving day, The USD already seems tipsy. Paving the way for other currencies and the safe havens to climb. Head of the publication of ECB’s Monetary Policy Meeting. The See-saw movement documented in the post at the beginning of the week persist. Global Stocks: The smirk was wiped of […]