intraday

Equity markets rose to post new highs on Friday. The Dow Jones index briefly broke the 29,000-mark before pulling back. Despite this, all major equity indices closed positive on the week. The payrolls report for December was soft. The… Read More

The US-China trade deal was once again back in focus, pushing equities to resume the rally. The gains come after China said that its vice premier will be traveling to the US to sign the phase one of the trade deal. The announcement… Read More

Equity markets resumed the rally following Iran’s response to the US attacks. Investors remain hopeful that the tensions will not escalate too far. This has resulted in the precious metal retreating amid a surge in risk appetite.… Read More

The US dollar is rebounding after a patch of strong economic reports from the United States. The ISM non-manufacturing PMI was higher at 55.0, beating estimates of 54.5. It was also higher compared to November’s print of 53.9. The… Read More

Investors were cautious on Monday. The markets opened following the US killing of a top Iranian commander. The risk-off sentiment saw equities trading weaker, while gold prices rallied to highs of 1588 before retreating intraday.… Read More

Risk sentiment was back on the table as equities retreated off fresh highs made earlier into the week. The declines came after news reports revealed that US airstrikes had killed Iran’s top military commander. Iran vowed to retaliate,… Read More

The markets opened with a bang on the first trading day of the year. US equity indices followed their global counterparts. The gains came after President Trump said that he would be signing a trade deal with China on the 15th of January.… Read More

The last trading day of the year marked a rough month for the dollar on the back of technical and risk appetite factors above than anything else. Christmas trading has been typically soft throughout the years, but that was not the case… Read More

On Wednesday, the US House voted to begin impeachment hearings against President Donald Trump. However, the markets were unmoved by the developments. The focus now shifts to the Senate which is controlled by the Republicans. There is… Read More

Investors remain cautious as the risk of a no-deal Brexit puts focus back on the UK. This comes amid a lack of any new reports on the US-China trade deal. Economic data also remains sparse for the USD. There were some speeches from Fed… Read More