Intraday Trading

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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The euro saw a volatile day yesterday, as expected. The European Central Bank’s monetary policy meeting saw Mario Draghi announce a stimulus package of 20 billion euro while cutting the deposit rate lower by 10 basis points. The euro…
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The US dollar recovered from Monday’s decline, but price action was largely confined to the previous session’s range. Reports that China was willing to buy US agricultural products sent equity markets briefly higher, reflecting the risk…
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The US dollar rose to post a fresh two-year high at 99.32 before pulling back. The declines came after the ISM manufacturing PMI contracted for the first time in three years. The manufacturing activity index fell to 49.1 in August from…
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The US dollar was seen posting strong gains amid a rather quiet day. The US markets were closed in observance of Labor Day holiday. However, investors were cautious as the US tariffs came into effect on Monday. China was seen taking a…
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