technical analysis

The US dollar fell for the second consecutive day. The retail sales report for September was weaker than expected. Headline retail sales fell 0.3% while core retail sales fell 0.1%, missing estimates. Data for the previous month was revised… Read More

The International Monetary Fund issued another grim warning for global growth. It said that the US-China trade war would cut 2019 global growth to the lowest levels since 2008 - 2009. The IMF stated that the global outlook could darken… Read More

There were signs of disappointment as the US and China trade deal soured following comments from the Treasury secretary. Steve Mnuchin said that, in case of a no-deal in the trade talks, the US will hike tariffs by mid-December.… Read More

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