Intraday Trading

The markets were trading cautiously albeit amid a slight risk-on sentiment prevailing. US stocks closed slightly higher while safe haven assets shed their recent gains. President Trump said on Tuesday that he was not yet ready for a deal…
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The Federal Reserve released the monetary policy meeting minutes late yesterday. The minutes revealed that policymakers were committed to keeping interest rates steady over the next few months. Members raised their expectations on…
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The latest retail sales report from New Zealand saw a modestly better print than expected. Quarterly retail sales rose 0.7% beating estimates of a 0.6% increase. But this was comparatively lower to the Q4 retail sales print of 1.7%. On an…
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Lack of economic data and fresh trade rhetoric saw the markets trading rather subdued on Monday. The US dollar index was trading flat although price remains steady near the recent highs. Wednesday’s FOMC meeting minutes could be the main…
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The US dollar was seen holding on to the gains, settling near a two-week high by Thursday’s close. The gains came as the trade tensions eased and focus once again shifted to the economic data. A delegation from Washington is expected to…
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The markets were trading mixed by Friday’s close after the tariffs on goods imports from China were hiked from 10% to 25%. This came as the US and China trade talks fell apart. However, investors are hopeful that there is still a chance …
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The risk sentiment in the market was improving on Thursday, but investor concerns remain. With the passing of the deadline, the US administration did not make any official announcement on raising the tariffs on Chinese goods. Meanwhile,…
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The US and China trade war took a new turn yesterday. President Trump tweeted that Chinese delegation would be coming to the US to make a deal. This kept the risk-off sentiment in check. However, the Washington administration was also…
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The risk-off sentiment strengthened as the markets digested the renewed threats of trade wars between the US and China. President Trump’s threat to impose tariffs on China by the end of the week sent investors seeking safe haven assets.…
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Friday’s nonfarm payrolls report saw the US unemployment rate falling to the lowest levels since 1969. Data from the labor department showed that the unemployment rate fell to 3.6% from 3.8% in March. Payrolls rose 263,000 in April while…
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