Intraday Trading

The risk-off sentiment in the market was fueled by President Trump’s latest tweet. The US-China trade talks which seemed to have been progressing hit a roadblock. Trump tweeted that if China fails to make a deal, he would raise tariffs…
Read More

The renewed reports on the progress of talks between the US and China saw a rather lackluster response from the markets. Reports surfaced that both parties are negotiating on the rollback of tariffs. The report indicates some progress in…
Read More

President Trump’s meeting with Fed Chair Jerome Powell and Treasury Secretary, Steven Mnuchin saw a cautious response from investors. Trump tweeted that he met with Powell and Mnuchin to discuss monetary policy, trade, and the US dollar.…
Read More

Equity markets posted strong gains on Friday and especially in the final few hours of trading. The gains came as the economic advisor to the White House, Lawrence Kudlow said that there was progress being made. The comments come in a…
Read More

The US Federal Reserve President Jerome Powell continued with this second day of testimony to Congress. The Fed chair is optimistic that the rate cuts from the central bank will help to revive growth in the United States. Speaking to…
Read More

Fed Chair Jerome Powell started his two-day testimony to Congress. In his opening remarks, Powell said that the central bank was comfortable with the current US rates. He attributed the slowdown in the third quarter due to the…
Read More

The US dollar index was trading in the green on Tuesday. This comes a day after prices fell, snapping a five-day gain. Economic data from the United States was sparse. President Trump spoke late Tuesday at the Economic Club of New York.…
Read More

Risk sentiment is rising as investors decipher the mixed signals on the US-China trade war. The US dollar index fell for the first time in six days while equity markets were poised for a decline after four consecutive sessions. The trade…
Read More

President Trump tweeted on Friday that the United States did not agree on rolling back the tariffs on China. The tweet rebuffed claims made by China earlier last week. The positive news from the trade talks pushed equities to new…
Read More

The US-China trade talks continue to drive the markets. Appetite for risk assets grew as Beijing announced the details of the phase one deal. As part of this, both sides will be pulling back on the tariff hikes even if both sides reach a…
Read More