Intraday Trading

The dollar index fell for the third consecutive day, with price falling to a two-month low. The declines come amid a weak patch of economic reports. The US-China trade talks also did not offer any fresh news for investors. As a…
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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…
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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.…
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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…
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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…
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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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Reports emerged on late Friday that the US was considering blocking investments in China. The deliberations which are not yet finalized are aimed at restricting US investments in China’s markets. A lack of regulatory oversight was cited…
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