A low volume and not committing to any specific direction is the major theme among traders after yesterday’s events which took place over in Brussels. The equity market reacted as expected by plunging into deep red territory yesterday, however bargain hunters grabbed the opportunity by the horns. Over in the US, the recorded volume was at its second lowest point for this year.Read More
Investors have pushed US markets to their highest level yesterday as they continue to price in that the Fed will be in no rush to increment the interest rate and they will watch the market condition very closely.Read More
European markets are on track to knit more gain after a very dovish FOMC statement from the Fed. Miss Yellen, played a very well rehearsed beat to the market yesterday, which investors found prodigiously entertaining. Although, it was expected that the Fed may be a lot more hawkish, but they have tread this very carefully.…Read More
Traders over in Europe are focused on two significant events which will encompass most of the their trading decision. The FOMC meeting which started yesterday will come to an end and every element of the FOMC statement will be dissected and will be benchmarked.
Asian markets trading lower on the back of the Bank of Japan’s monetary policy decision. Although, it was widely expected that the bank is going to remain pat with respect to its monetary policy decree, but the mood on the street has become very much dull. The bank surely does not want to take any…Read More