Japan Expands at Faster Rate than Expectations: All Eyes on Bank Of Japan
In some very positive news for the Japanese economy grew at a faster-than-expected 2.4 percent annual pace in the January-March quarter, which is indicative of the fact that the economy could be...
View ArticleEurozone PMI Surges to 13 Month High: European QE Working?
The European central bank had introduced its quantitative easing program earlier this year with a view to kick start the economic recovery in the Eurozone economies and push inflation towards the 2...
View ArticleCan Gold Hold onto $1200?
Gold after coming under massive selling pressure in the overnight trading session traded in a very narrow trading range in the today’s trading session. Traders and investors believed that for the...
View ArticleBernanke Sees No Risk To Global Markets From Fed Rate Hike
Former Federal Reserve Chairman Ben Bernanke said that the slowdown in China isn’t a huge risk to global markets as there are no risks of a hard landing for the world’s second largest economy. He also...
View ArticleDollar Surge Continues: Treasury Sells Off
The dollar was higher against all major currencies in the trading session today on the back of positive economic reports which has investors and traders believe that the Federal Reserve might hike...
View ArticleChinese A Shares To Be Included in MSCI: All Eyes on Wednesday
Wednesday could be a huge day for Chinese stock markets. Four hours before the Shanghai markets open, it would be announced whether top yuan denominated stocks would be welcomed into the influential...
View ArticleTalks Collapse: Its Greece VS Rest Of Eurozone
In what is being considered to be a huge blow for the Eurozone, it was reported on Sunday that the talks between Greece and its international creditors fell through. The European Commission in a...
View ArticleFOMC Minutes: Rate Hikes Coming But Just Not Yet
The U.S. economy has strengthened since a slump early this year, the Federal Reserve said Wednesday, but it wants to see further gains in the job market and higher inflation before raising interest...
View ArticleBulls on a Rampage: European Equities Surge, Euro Trends Higher
European shares witnessed a huge rally in the trading session today. European indices saw gains of anywhere between 2 to 4 percent on the back of the hopes of a compromised deal between the Greek...
View ArticleEuro Crisis: Single Area Currency Gives Up All weekly Gains
The euro witnessed a massive sell off in the early Asian morning trading session and has broken below all important support levels which is a negative. It is imperative to state that at the beginning...
View ArticleFederal Reserve Members Remain Dovish Over Interest Rate Hike
The Federal Reserve members last month saw that the economy was healing and showing signs of a rebound after contracting during the first quarter of the year but remained cautious about raising...
View ArticleAsian Shares Turn Weak, Focus Shifts on Federal Reserve Rate Hike
Asian shares were mostly lower at the beginning of the week today. Many believe the stupendous rally seen over the past few weeks is showing signs of tapering off at the current moment. Most traders...
View ArticleDow Plummets on Weak Tech Earnings: Commodities Continue to Trend Lower
The Dow Jones Industrial Average ended the day lower and continued its downtrend from the overnight trading session which is being seen as a bearish signal. Many analysts and traders believe that the...
View ArticleEuropean Shares Plummet on China and Greece Concerns: All Eyes on FOMC
European shares plunged during the trading session today on the back of the overall weakness seen in the Shanghai markets which plummeted by close to 8 percent. The plunge in Chinese equity markets led...
View ArticleAsia Ends Flat: China Rallies, India Ends Weak
Asian stocks ended the trading session relatively flat today as most traders and investors eagerly await the release of the nonfarm payroll data report which would provide an insight into the...
View ArticleEurozone Retail Sales Plunge: Raise Questions about Growth Prospects
In some negative news for the Eurozone economies it was reported today that retail sales in the euro zone fell more than expected in June, underlining concerns over the economic outlook of the region...
View ArticleDollar Plunges Against Major Currencies, All Eyes on Federal Reserve
The dollar extended its losses against the yen and the euro after steep falls in the Chinese equity markets added to fears that the world’s second largest economy is slowing and added to doubts over...
View ArticleChina Cuts Rates, Infuses Liquidity: Stock Plunge Continues
In what is being seen as an unprecedented move by the People’s Bank of China, it was reported that the Chinese central bank decided to cut interest rates and lowered the amount of reserves banks must...
View ArticleDow Hits Triple Ton, Technology and Strong Economic Reports Lead Rally
The Dow Jones Industrial Average witnessed a surge in the trading session today rising by close to 300 points on the back of the strong buying interest seen in technology stocks and a stellar set of...
View ArticleDow Ends Flat, Sells Off From Session Highs; All Eyes on Friday Jobs Report
The Dow Jones Industrial Average ended the trading session flat after giving up all of its morning gains which is being seen as a huge negative. It is imperative to state that the equity markets had...
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