All Eyes On ECB & US GDP

April 27, 2017 12:24

Following across the board market optimism driven by first round of French election results and absence of missile-test by North Korea, US President's shallow tax-plan, with only 250 words of details, paused broader upbeat sentiment ahead of the crucial ECB monetary policy meeting and US Advance GDP announcements. Additionally, UK...


Market Remained Optimistic, Trump’s Plan Awaited

April 26, 2017 17:18

With the US President stepping back from his Mexico wall promise, coupled with absence of any missile test by North-Korea, flow of good-news kept pleasing global market players on Tuesday. Additionally, upbeat earnings from some of the major companies provided extra-strength to Bulls which in-turn disappointed safe-haven buyers. However, lesser...


Central Banks, GDP & Politics To Propel Market Moves

April 24, 2017 14:29

All those expecting a stronger USD after North-Korea's failed missile-test remained disappointed during last week as soft economics continued raising bars for the Federal Reserve's rate-hike plan and dragged the US Dollar Index (I.USDX) down for second consecutive week. On the contrary, the EUR, even after struggling ahead of French...


French Election And The Euro Rally

April 24, 2017 09:54

While soft US data-points portrayed another weekly drop of the US Dollar Index (I.USDX), the EUR's struggle to enjoy upbeat PMIs seems coming to an end after Sunday's French election put pro-growth centrist, Emmanuel Macron, and far-right nationalist, Marine Le Pen, as winners of the first round with almost all...


Traders’ Calm Before The Storm

April 21, 2017 10:29

Everybody on the floor seems quite on Friday as traders remain cautious ahead of Sunday's first round of French election. However, early-day comments from Bank of Japan Governor, favoring easy monetary policy, and US policymakers' indications for Trump's probable tax-plan offered intermediate market moves.

Thursday proved to be another weak...