Brexit Vote Along With ECB & US CPI To Offer An Interesting Week

Mon, 10 Dec 2018 18:24

With the U.S. employment stats lagging behind consensus & FOMC members remain unclear on Fed's future path, the US Dollar Index (I.USDX) had to flash a negative weekly closing for the first time in previous three-weeks. Not only uncertainty concerning Fed's rate-hikes but pessimism surrounding Brexit, Sino-US trade-deal and sluggish...


After Sluggish Details From China & Japan, UK Stats & Global Politics Grab Market Attention

Mon, 10 Dec 2018 14:32

While absence of hawkish statements from FOMC members and doubts over Sino-US trade-pact were challenging sentiments in support of Fed's future rate-hikes, Friday's sluggish employment numbers provided additional reason to the greenback doves and fetched the US Dollar Index (I.USDX) towards a negative weekly closing. With the US Dollar bearing...


Employment Numbers & OPEC Result Are In Limelight

Fri, 07 Dec 2018 14:25

Although arrest of Huawei's chief financial officer continued raising doubts over the Sino-US trade-truce and helped traditional safe-havens like Gold & JPY, the US Dollar Index (I.USDX) had to mark a negative daily closing as disappointing outcomes of ADP Employment Change & Trade Balance joined cautious comments from FOMC members....


U.S. Jobs Report & Political Plays To Offer Volatile Trading Sessions

Thu, 06 Dec 2018 14:31

After a brief risk-on stint, investors turned back to safe-havens on uncertainties concerning US-China trade deal and Brexit. While these political plays can keep offering background music to determine near-term market momentum, Friday's jobs report from the U.S. will become eye-candy for traders.

Let's discuss fundamentals relating to them and...


UK PMI, BoC & Brexit Fears Can Compensate For The U.S. Holiday

Wed, 05 Dec 2018 14:26

Monday's risk-on moves couldn't last long as absence of meaningful statements from China & Trump's readiness to restart trade-war on failure to clinch the deal rejuvenated market fears. Not only trade related pessimism but UK policymakers' angst against PM Theresa May's Brexit plan and FOMC member's hawkish statements favoring Fed's...