Brent extends gains above $85

Brent edged up on Tuesday, holding above $85 a barrel as robust China oil demand supported prices, although gains were capped by oversupply and lingering fears of a weak global economy. Implied oil demand at the world’s largest energy consumer jumped 6.2 per cent in September from August to 10.3 million barrels per day, the […]

China’s growth slowest since global crisis

China grew at its slowest pace since the global financial crisis in the September quarter and risks missing its official target for the first time in 15 years, adding to concerns the world’s second-largest economy is becoming a drag on global growth. A pick-up in factory output and government confidence that the labour market remains […]

U.S. Stocks Rally Amid Earnings

U.S. stocks extended a rebound to a fourth day and European equities surged as speculation grew the area’s central bank is buying bonds and results by companies including Apple (AAPL) Inc. beat estimates. The euro weakened while gold paced gains among commodities. The Standard & Poor’s 500 Index rose 1.5 percent at 12:54 p.m. in […]

Dollar flat against rivals

The dollar was flat against the euro and yen Monday morning, constrained by falling U.S. Treasury yields. Weekend comments from members of the U.S. Federal Reserve also appeared to cement the view that the central bank will be in no rush to raise rates. With no important data on deck Monday, investors appear to be […]

ECB Start Purchase Program With French, Spanish Debt

The European Central Bank bought covered bonds for the first time since President Mario Draghi unveiled an asset purchase program last month. The ECB acquired short-dated French notes from Societe Generale SA (GLE) and BNP Paribas SA as well as Spanish securities from other lenders, according to two people familiar with the matter who asked […]

Global indices outlook 21 oct 2014

Global indices outlook 21 oct 2014 Index futures LTP Trend Momentum Support Resistance Trading Idea 5320 up bullish 5260 5450 keep buy on dips view 15,073 up bullish 14800 15850 keep buy on dips view 6268 down bearish 6200 6480 keep buy on dips view 8717 down bearish 8600 9100 keep buy on dips view […]

Comex nymex outlook 21 oct 2014

Comex Nynex outlook 21 oct 2014 Commodity LTP Trend Momentum Support Resistance Trading Idea 1244$ up bullish 1230$ 1280$ keep buy on dips view 17.35$ down consolidation 17$ 17.6$ wait and watch 81.94$ down consolidating 80$ 85.8$ keep buy on dips view 3.66$ down bearish 3.5$ 3.85$ keep buy on dips view

Forex outlook 21 oct 2014

Forex outlook 21 oct 2014 Currency LTP Trend Momentum Support Resistance Trading Idea 1.2786 up bullish 1.2680 1.2850 keep buy on dips view 1.6144 up bullish 1.6080 1.6250 keep buy on dips view 106.86 down bearish 105 107.5 stay short with stop loss 0.9433 down bearish .09350 0.9480 stay short with stop loss 1.1281 up […]

perfect storm threatens markets

Wall Street’s Dow Jones, S&P 500 and Nasdaq indexes fell more than 1% on continuing concerns about global economic growth and the Ebola crisis. The sell-off follows heavy losses in the US, Europe and Asia on Wednesday. Meanwhile, the borrowing costs for Greece and Italy rose, and investors looking for a haven pushed the gold […]

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