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News Archive

Browse through our recent news articles and market analysis

Dow almost unchanged Wednesday on reports...

06/11/2019 - 10:15
Dow almost unchanged Wednesday on reports U.S.-China Phase One trade deal may be delayed further to Dec from Nov;...
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Oil soared on U.S.-China interim trade deal optimism and OPEC jawboning to extend deeper production cuts from present 1.2 mbpd to almost 2.2 mbpd by 2024

Oil jumped on U.S.-China interim trade deal...

06/11/2019 - 07:16
Crude oil (WTI/Dec) closed around 57.10 in the U.S. session Tuesday, jumped almost +0.99% on U.S.-China interim...
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Dow jumped to record highs on hopes for a tentative China trade deal despite concerns over a permanent deal and complete rollback of Trump tariffs; Dow Future edged up early Tues, but under stress

Dow surged to record highs on hopes for a...

05/11/2019 - 12:15
The U.S. stock market surged Monday on the growing possibility of a tentative trade deal between U.S.-China,...
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European stocks surged Friday on U.S.-China tentative trade deal and Brexit optimism; export heavy Dax-30 soared

European stocks jumped on U.S.-China...

04/11/2019 - 08:24
The European stock market (Stoxx-600) closed around 399.43 Friday, jumped almost +0.68% on U.S.-China tentative...
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USDJPY inched up amid blockbuster U.S. NFP, terrible ISM manufacturing PMI and further progress of U.S.-China tentative trade deal

USDJPY edged up on blockbuster U.S. NFP,...

01/11/2019 - 20:47
USDJPY was trading around 108.20 in the late-U.S. session Friday, edged up +0.20. USD was buoyed by...
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GBPUSD jumped on the better prospect of a ‘BOJO’ (Johnson) win in the Dec ‘do or die’ Brexit election, but British political uncertainty remains

GBPUSD surged on the better prospect of a...

01/11/2019 - 09:48
GBPUSD was trading around 1.2959 in the early EU session Friday, edged up almost +0.15% and surged over +1% for...
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Dow jumped Wednesday on ‘Goldilocks’ Fed rate cut and dovish remarks by ‘flexible’ Powell, but under stress on renewed China trade truce suspense; Dow Future slumped early Thursday

Dow surged Wednesday on 'Goldilocks' Fed...

31/10/2019 - 12:54
The U.S. stock market surged Wednesday on ‘Goldilocks’ Fed rate cut and dovish remarks by ‘flexible’ Powell, but...
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U.S. Stock market slips Tuesday on mixed earnings and renewed suspense of Phase One China trade deal in Nov despite Trump's optimism; Dow Future almost flat early Wed ahead of Fed

U.S. stock market stumbled Tuesday on mixed...

30/10/2019 - 13:50
The U.S. stock market slips from the session/lifetime high and edged down Tuesday on mixed earnings and renewed...
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EURUSD edged up on Brexit flextension and less dovish talks by Draghi/ECB talks, but under stress on never-ending Brexit chaos and British Parliament logjam

EURUSD edged up on Brexit flextension and...

29/10/2019 - 13:58
EURUSD closed around 1.1099 in the U.S. session Monday, edged up +0.14% on Brexit flextension and less dovish...
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Gold slid as risk trade surged on Trump’s optimism about U.S.-China Phase One deal coupled with Brexit ‘flextension’

Gold slips as risk trade surged on Trump's...

28/10/2019 - 16:49
Gold (XAU/USD-spot) made a low of 1490.15 in the early session Monday slips over -0.90% on Trump’s optimism about...
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Bitcoin soared on China’s optimism about Blockchain technology coupled with huge short covering for CME option expiry and fading optimism of FB’s Libra

Bitcoin jumped on China's Blockchain...

27/10/2019 - 05:56
Bitcoin (BTCUSD-Bitfinex) closed around 8679.10 in the U.S. session Friday, jumped almost +16.45% on Chinese...
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USDJPY almost flat up on progress of U.S.-China Phase One deal, while undercuts by Brexit games of chickens; USD is consolidating ahead of Fed next week

USDJPY ticked up on progress of U.S.-China...

26/10/2019 - 13:33
USDJPY closed around 108.66 in the U.S. session Friday, ticked up +0.05% on progress of U.S.-China Phase One deal,...
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U.S. market ended mixed Thursday on mixed earnings and less hawkish China talks by VP Pence coupled with 'do or die' Brexit saga; Dow Future edged down early Friday

U.S. market closed mixed Thursday on mixed...

25/10/2019 - 13:27
The U.S. stock market closed mixed Thursday on mixed earnings and less hawkish China talks by U.S. VP Pence...
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Wall street edged up Wednesday on mixed earnings, Brexit suspense, ease of Trump trade war and Turkey-Syrian tensions- chip makers dragged; Dow Future edged up early Thursday

Wall Street inched up Wednesday on mixed...

24/10/2019 - 13:02
The U.S. stock market inched up Wednesday on mixed earnings, Brexit suspense, ease of Trump trade war and...
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U.S. stocks slips Tuesday on further Brexit uncertainty and mixed earnings despite China trade talk progress optimism; Dow Future slumped early Wednesday

U.S. stocks slumped Tuesday on Brexit...

23/10/2019 - 12:54
The U.S. stock market slumped Tuesday on further Brexit delay and an eventual British snap election. The U.S....
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India' Nifty slumped Tuesday on Infy woes and mixed earnings after a surge last week in hopes of personal tax-cut stimulus and thrust in PSU disinvestment; Nifty recovered early Wednesday

India' Nifty slips Tuesday on Infy woes and...

23/10/2019 - 08:24
The Indian stock market (Nifty) closed around 11589.90 Monday, slips almost -0.62% on Infy corporate governance...
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GBPUSD almost unchanged, but under stresson lingering Brexit suspense and meaningless British Parliament soap-opera amid divided lawmakers

GBPUSD almost flat, but under stress on...

22/10/2019 - 07:53
GBPUSD closed around 1.2972 in the U.S. session Monday, almost flat, but under stress on lingering Brexit suspense...
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Dow crumbled Friday on Boeing, J&J and China slowdown woes despite Brexit deal optimism; Dow Future inched up early Monday

Dow tumbled Friday on Boeing, J&J and China...

21/10/2019 - 10:43
The U.S. stock market tumbled Friday on Boeing, J&J and Chinese slowdown woes despite Brexit deal optimism. Boeing...
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British Pound and risk-trade may plunge as Brexit gets messier after U.K. Parliament passed Letwin amendment without considering Brexit deal

British Pound and risk-trade may come under...

19/10/2019 - 21:21
British Pound (GBP) as-well-as risk-trade (EUR/Dow/Dax and even USD) may come under stress early Monday as Brexit...
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Wall Street edged down Wednesday on soft retail sales, lingering suspense of China trade and Brexit deal coupled with less dovish Fed talks; Dow Future surged early Thu on ‘final’ Brexit deal hype

Wall Street inched down Wednesday on soft...

17/10/2019 - 12:06
The U.S. stock market inched down Thursday on the renewed concern of an economic slowdown after soft retail sales...
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