technical analysis

The trade talks between the United States and China produced some positive headlines. This brought back optimism into the markets which have been flip-flopping in response to the developments. President Donald Trump confirmed that there… Read More

Equity markets managed to rebound on news that President Trump will be meeting with Vice-Premier Liu He. The news comes as the US and China trade talks resume. However, over the past few days, risk appetite was volatile. Equities… Read More

Crude Stores Rise Again Crude prices remained buoyant this week despite the latest industry reporting showing a further build in US crude stores. The Energy Information Administration's latest report covering the week ending  4th… Read More

Equity markets rose on Wednesday after reports emerged that China was open to a partial US trade deal. The comments come amid China asking the US to remove the 28 entities from the blacklist. It is likely that the markets will continue to… Read More

Equities fell and safe havens made gains on Tuesday. In the backdrop, the US and China are set to resume the trade talks today. However, moves from Washington suggest that the US will go ahead with restricting investments in China. This… Read More

The US dollar index was seen holding steady after posting steady declines last week. The fresh lows in the US unemployment rate failed to push the dollar index higher. Lack of economic data also kept price action mostly subdued. But… Read More

The monthly nonfarm payrolls report surprised with the unemployment rate falling to 3.5%. This marked the lowest unemployment levels since 1959. Payrolls grew by 136,000 missing the estimates of 145,000. The payroll figures for August… Read More

Gold The yellow metal has been higher over the week as a combination of factors has seen renewed demand for it. This has helped gold recover from recent losses to trade back up above the 1500 mark. The key driver over the week has been… Read More

The services sector activity as measured by the Institute for Supply Management (ISM) saw a decline in September. The index fell to 52.6 during the month, coming out lower than the estimates of 55.1. In August, services activity rose to… Read More