European markets are set to open where they left off last week ahead of the major economic data release this week. Traders pushed the Europeans markets towards the six years high last week on the back of the optimism that perhaps the PBOC will trigger some sort of stimulus package to help its economy which is…Read More
The dollar is strong against the euro and mostly across other major currencies this morning. However, this bullishness in the dollar does have its limits when we put this against the British pound and the Canadian dollar. The economic data released yesterday which was according to the market expectations and above the forecast level was…Read More
King Digital Entertainment (makers of Candy Crush) IPO expected to trade at $22.50 later today.
European markets are trading slightly higher this morning and this is despite the fact that we had a weak finish on Wall Street last night. Investors are jittery when it comes to determine the direction of the markets and perhaps you cannot blame them for this, because it has been extremely difficult to trade these…Read More
US futures are under pressure this morning as the concerns about the geopolitical tensions continue. Russia is still maintaining its military position near the eastern part of the Ukraine, but the concerns are that the Russian army may start moving towards the Moldavan region of Transnistria. Further escalation of geopolitical tension or any kind of…Read More
Investors have clearly shrugged off any concerns about the Janet Yellen’s testimony this week. The economic data released yesterday have clearly shown that the US growth may not be curtailed by Fed stopping their QE. The yield on the US treasury is sitting at extreme low levels and there is a strong possibility that the…Read More