Sell off taking a breather after confirmation that a military strike on Syria is not imminent European stock markets are trading higher during the early hours of trading. The indices have gapped up from their previous close and most of these gains have been filtered from the Asian and the US markets. Having said that, the…
Read MoreGlobal market enjoys reprieve after a heavy sell off European stock markets are trading higher during the early hours of trading. Despite these mild gains in Europe which have been filtered from the Asian and US markets, the volatility in the markets remains extremely elevated as the possibility of a military strike on Syria is still a concern…
Read MoreIS this a profit taking or something more Vulnerable European stock markets are trading lower during the early hours of trading. Markets are mirroring these losses which took place overnight in Asia on the back of a news that there could be a military intervention by the US in Syria. The news has sent the shocking…
Read MoreIndustrial profit for Chinese firms failed to push Europe higher European stock markets are trading lower during the early hours of trading. Investors have congregated their momentum from the Asian trading session where all of the indices closed lower with the exception of Shanghai . The index managed to score some gains on the back of the…
Read MoreAsian markets closed higher on the first trading of the week. The gains were experienced during the Asian session despite the fact that the housing data in the US on Friday came at much softer level than expected. However, this has increased expectations among investors that Fed may not start tapering in their September meeting and…
Read MoreAsian markets closed mix on the final trading of the week. Investors cheered the rebound on Wall Street yesterday and the German economic data firmed bull’s strength in the market. However, traders are still concerned that the Fed’s tapering program could trigger outflow of funds from the emerging markets. If the tapering does takes place this could certainly result in re pricing of the treasury yield and the 10 year yield could increase further by almost 2%.
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