News Archive

Browse through our recent news articles and market analysis

GBPUSD jumped Thursday on hopes of smooth and soft Brexit as EU blinks to Johnson’s hard negotiation tactic, but slips early Friday on lingering Irish Backstop suspense

GBPUSD soared Thursday on hopes of smooth...

23/08/2019 - 12:25

GBPUSD closed around 1.2251 in the U.S. session Thursday, soared almost +1.02% on hopes of smooth and soft Brexit...

Dow jumped Wednesday on retailers’ earnings optimism as it indicates robust U.S. consumer spending; Trump’s optimistic China trade comments helped, while less dovish FOMC minutes dragged

Dow surged Wednesday on retailers' earnings...

22/08/2019 - 17:40

The U.S. stock market surged Wednesday on retailers’ earnings optimism as it indicates robust U.S. consumer...

EURUSD inched up Tuesday amid hopes of soft Brexit but under stress on talks of conditional German fiscal stimulus and ECB QE-2 to fight Trump trade war and Brexit uncertainty

EURUSD edged up Tuesday amid hopes of soft...

21/08/2019 - 11:08

EURUSD closed around 1.1098 in the early U.S. session Tuesday, almost flat amid hopes of smooth and soft Brexit...

Gold slips on ease of U.S-China trade war tensions as Trump allowed partial Huawei relief despite sounding ‘fire & fury”

Gold slumped on ease of U.S.-China trade war...

19/08/2019 - 21:35

Gold (XAU/USD-spot) closed around 1495.97 Monday, slumped almost -1.16% on ease of U.S-China trade war tensions as...

USDJPY edged up on renewed hopes of U.S.-China trade truce/ceasefire, upbeat retail sales and a rebound in bond yields

USDJPY recovered on renewed hopes of...

17/08/2019 - 11:50

USDJPY closed around 106.38 in the U.S. session Friday, edged up +0.17% and well-off the recent low of 105.05 on...

USDJPY slid on renewed fear of an imminent global/U.S. recession amid bond yield curve inversion coupled with lingering suspense of Trump’s trade/cold war with China; Dow tumbled

USDJPY plunged on renewed fear of an...

15/08/2019 - 11:26

USDJPY closed around 105.90 in the U.S. session Wednesday, plunged almost -0.78% on renewed fear of an imminent...

Nifty jumped on hopes of the fresh fiscal stimulus package by the Modi government on the eve of Independence Day

Nifty surged on hopes of the fresh fiscal...

14/08/2019 - 11:36

The Indian market (Nifty) closed around 11029.40 Wednesday, surged almost +0.95% on hopes of the fresh fiscal...

European market crumbled as banks dragged on lower Bund yields on lingering U.S.-China trade war tensions and Hong-Kong protest

European market stumbled as banks dragged on...

13/08/2019 - 09:29

The European stock market (Stoxx-600) closed around 370.42 Monday, stumbled -0.31% as banks dragged on lower Bund...

Wall Street stumbled on lingering suspense about U.S.-China trade war/truce and Huawei blackout suspense amid Trump’s bellicose comments

Wall Street crumbled on lingering U.S.-China...

12/08/2019 - 12:02

The U.S. stock market crumbled Friday on lingering suspense about U.S.-China trade war/truce and Huawei blackout...

USDJPY slumped on Trump tantrum and the concern of FX intervention to devalue US dollar and ‘make America great again’

USDJPY under stress on Trump tantrum and the...

09/08/2019 - 10:52

USDJPY closed around 105.89 in the U.S. session Thursday, slumped -0.37%, also under stress on Trump tantrum and...

U.S. market closed mixed Wednesday, recovering from an earlier bloodbath on hopes of U.S.-China trade talks in September coupled with PBOC pledged to keep Yuan stable

Wall Street closed mixed Wednesday,...

08/08/2019 - 14:38

The U.S. stock market recovered Wednesday and closed mixed, recovering from an earlier bloodbath on hopes of...

Dow jumped Tuesday on easing of U.S-China trade/cold/currency war tensions as PBOC vows to stabilize Yuan

Dow recovered Tuesday on easing of global...

07/08/2019 - 14:45

The U.S. stock market recovered Tuesday from Monday’s ‘Yuan plunge’ on easing of U.S-China trade/cold/currency war...

Dow tumbled Monday on an escalation of Trump’s trade/currency war with China as weaker Yuan is negative for U.S. companies exposed to China; Dow set to soar early Tuesday as China blinks on Yuan

Dow plunged Monday on escalation of Trump's...

06/08/2019 - 13:08

The U.S. stock market plunged Monday on an escalation of Trump’s trade war with China. Trump trade war is now...

Nifty plunged to 5-months low on angel tax, J&K political worries coupled with negative global cues as China retaliated latest Trump tariffs by a huge Yuan devaluation

Indian market (Nifty) plunged on J&K...

05/08/2019 - 12:09

The Indian market (Nifty Future) closed around 10897.00 Monday, slips almost -1.15% on angel tax, J&K political...

Dow slips on lingering Trump trade war suspense with China but eased off the low on hopes of U.S.-EU trade truce progress

Dow crumbled on lingering Trump trade war...

03/08/2019 - 11:20

The U.S. stock market crumbled Friday on lingering Trump trade war suspense with China but eased off the low on...

GBPUSD inched down but off the BOE low on broad weakness in the US dollar amid renewed hopes of another insurance cut by Fed as Trump 'punished' China with fresh tariff

GBPUSD edged down but off the BOE low on...

02/08/2019 - 08:59

GBPUSD closed around 1.21240, in the U.S. session Thursday, slumped by almost -0.29%, but off the session low of...

Dow tumbled Wednesday from Apple high on less dovish insurance cut by Fed as the central bank is non-committal for any further rate cut in 2019

U.S. market tumbled Wednesday from Apple...

01/08/2019 - 14:51

The U.S. stock market tumbled Wednesday from Apple high on less dovish insurance cut by Fed as the central bank is...

Dow edged down as Trump trying to ramp up China trade war uncertainty just a day ahead of the policy decision to pursue Fed for a larger rate cut cycle

Wall Street edged down as Trump trying to...

31/07/2019 - 08:48

The U.S. stock market edged down Tuesday as Trump trying to ramp up China trade war uncertainty just a day ahead...

USDJPY inched down down on less dovish hold by BOJ and goldilocks U.S. economic data as the market waits for Fed’s language after the high probable insurance cut

USDJPY edged down on less dovish hold by BOJ...

30/07/2019 - 21:06

USDJPY is currently trading around 108.65 in the U.S. session late-Tuesday, edged down -0.11% on less dovish hold...

Dow inched up,but broader U.S. market jumped on Google’ earnings boost and Goldilocks Q2 GDP, assuring insurance (political) cut of -0.25% on July 31, but not any QE-4

Dow edged up, but broader U.S. market jumped...

29/07/2019 - 04:14

The U.S. stock market closed mixed on Friday as Dow edged up, while broader market jumped on Alphabet’ (Google...

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