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
As widely expected, Janet Yellen shaved another $10 billion from their quantitative easing program yesterday. But, this was not really a surprise which caused a sell off in the equity markets . The fact which is making traders nervous is the hawkish comments by her in relation to increase in the short term interest rates.…Read More
US futures are trading flat this morning on the back of the President Putin’s comment. He confirmed that Russia is not interested in any further actions in Ukraine and he will respect their territory. Traders are surely buying this and shrugging off any further ambiguity related to Russia. However, what they are forgetting to…Read More