technical analysis

Following a rather slow week as far as the economic data is concerned, the Fed meeting today will be one to watch. Investors are likely to remain on the sidelines in the run-up to the release of the FOMC minutes today. The data comes as… Read More

The markets opened to a quiet trading day with no major fundamentals dictating the flows. Economic data was also limited to that from the eurozone. Meanwhile, the US administration was seen giving China’s Huawei a 90-day grace period,… Read More

Fears over the impact of a “no-deal” Brexit have risen again following the leaked “Yellowhammer” document which details government concerns around the potential fallout of a no-deal Brexit. Here are the top ten takeaways from the report.… Read More

Fears of a recession were overdone last week as a sense of normalcy returned. Equity indices managed to post a modest recovery into Friday’s close. However, concerns continue to keep risk appetite in check. From the inverted yield curve… Read More

It’s been another solid week for the precious metal. Gold has broken higher into levels not seen since early 2013. However, there has been some volatility. Earlier in the week, prices crashed lower from testing the long term 1522.75… Read More

The monthly retail sales report from the United States showed another month of solid consumer spending at retail outlets. Official data showed that headline retail sales rose 0.2% on the month while core retail sales jumped 1.0%. The… Read More

Turbulent Times It’s been another volatile week for the crude market as traders have seen strong moves in both directions. The market was buoyed earlier in the week by some unexpected news. Some of the goods due to be hit by new 10%… Read More

Risk appetite waned on Wednesday after the 10-year treasury yields fell below the 2-year treasury yields. The inverted yield curve set off panic among investors. As a result, they rushed to safe-haven assets. This came just a day after the… Read More

Equity markets got a boost on Tuesday after news emerged that the Trump administration was delaying the tariffs on some Chinese products until December this year. The Washington administration also cut down on the items that were to face… Read More