It is right within our expectation that Fed yielded to public and political pressure to cut-rate as announced on August 1st, Thursday morning (Asian time). However, the market reacted with weird responses. Both the equity market and gold prices dropped dead, while USD rose unexpectedly. The only explanation would be that market was disappointed with … Continue reading Precious Window of Opportunity Right Here
Global stock market for the month of May reflected the curse of “sell in May, go away” seasonal expectation. The entire month of May has seen global stock market slipping all the way down. Partly to blame is the rekindle trade war between US and China. Hong Kong market has its worst performing month since … Continue reading Market Observation for June 2019
While most authentic economic experts have been predicting global economy is going to slow down in 2019, however there are peculiar signs showing up last week that this prediction might not be coming true. It has also further verified my view recently released in April Market Watch where global market might be turning into a … Continue reading Here’re the Reasons why global economy is not going to slow down in 2019
US market has just posted the best weeks for the month since March 2016 particularly true for S&P 500 index. It has crashed those who have left market earlier but rewarded those who bet from bottom fishing. However, no one can be certain whether this surge set up a bull trapped or real bull run … Continue reading Snares of Market Predictions
The most awaited moment of global traders for the meeting at Buenos Aires, not for the G 20 Summit, but the two heads of largest economy in the world. The outcome has finally been determined on Saturday night (Asian hours). Most major news carriers called it a “ceasefire” between the two globally influential nations. Global … Continue reading What does a CeaseFire of the Trade War Means?
Interesting to note that markets have been stereotyped for this while. Anyone who has been paying attention would have noticed a certain pattern. First, it is the US dollar value has been steadily rising no matter what happened. It just moves its way up without any hindrance ahead seemingly. Its appreciating value has been pushed … Continue reading August Market Watch
Interestingly, while Sino-US were having trade war threat with rhetoric back and forth like two childish kids having words of fight, Nasdaq continued to create new historical heights in the week just past. It reflects as if there were people in the US who do not believe that the trade war is really serious. Or … Continue reading Trade War for Real