US futures are trading lower this morning as traders are angst about the never ending growth slowdown saga in China. Any headline which is printing weak economic reading has only two questions attached to it. Firstly, if the People bank of China will do more to stop this anaemic growth? Finally if that will work…Read More
European markets are set to open higher on the final trading day of the week as traders are digesting news from different central bankers.
The FTSE 100 index is set to open higher with a gain of 12 points. Similarly, the CAC40’s futures are trading higher by 15 points and Germany’s DAX index is also set to open higher with a gain of 49 points.
The US Federal Reserve released the most hawkish statement in months if you compare this to market expectations. Not many were expecting this and neither they were positioned for this, and hence, we have experienced the market reaction which was a reversal of positions. Obviously, the Fed does feel much more confident about the global…Read More
European markets are completely focused on one element today which is the upcoming FOMC statement. The start of the US trading session will also be laser focused on this element and everyone wants to know one thing- what the Fed will say? The Fed will maintain their dovish talk today if not extra dovish talk, but here is the hitch, if they will provide any clear signal in relation to the timing of the rate hike rather than being vague as they have been through out this year?Read More
Asian trading session was cursed by the commodity sell off as traders are still waiting for the more stimulus from the People Bank of China along with the Bank of Japan. Any weakness in the economic data spells one thing and one one thing only- more stimulus. It is like a drug addict person who…Read More
The European Central Bank’s president, Mr Mario Draghi is unquestionably sitting on a very hot seat due to the slowdown in growth in the Eurozone and inflation not picking up. He was grilled by journalists last week. The main agenda was why the ECB is so far off from their target and what different tools will it be using to spur the growth in the region. The president provided a strong signal for the markets that the bank is on the countdown to bring more stimulus.Read More