intraday ta

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…
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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…
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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…
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The US dollar traded weaker as it gave back the gains from the previous session. The ISM manufacturing PMI disappointed as the index fell to 47.8 in September. This follows a decline to 49.1 in August. The employment gauge was also…
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The Federal Reserve reported that it sold $75 billion in reverse repo agreements on Wednesday. This comes as the central bank has been fighting to rein in short term interest rates. The move also follows a liquidity crunch that…
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US equity markets managed to rebound from Tuesday’s sell-off after President Trump tweeted that a deal with China was closer. The rebound comes after equity markets fell on the news about the US House of Representatives opening a formal…
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Risk-off sentiment once again made its way. This time, thanks to concerns of a possible impeachment of President Trump. Equity markets whipsawed on Tuesday with the S&P500 dropping the most since late August. On the economic…
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The US-China trade talks remain one of the key factors for the markets. By Friday, equity markets closed lower as risk sentiment fell. China said that it was cutting the trade talks short, prompting President Trump to state that trade…
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The global economic growth is projected to slow to a ten-year low, according to the latest report by the Organization for Economic Cooperation and Development (OECD). According to OECD, global growth is set to expand at a pace of 2.9%…
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Equity markets fell while the safe-haven assets rose following reports of the drone attacks on Saudi oil fields. The incident which took place late on Friday saw investors reacting as the markets opened on Monday. Economic data was…
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