European markets are trading mostly lower this morning along with the U.S. futures. The president of the European Central Bank painted the most dovish painting with his brush as many were expecting in the market. There were two reasons behind that. Firstly, the strength of the euro is too much to digest for the central…
Read MoreAll eyes will be on the president of the European Central Bank, Mario Draghi, who will deliver his verdict about the economic conditions in the eurozone during the press conference which will take place later in the day today. So what will he say and what has changed since their last press conference are just…
Read MoreEuropean markets are trading sharply lower while traders are focusing towards the economic data which was released overnight in China. It was very stimulating to see the volatility propping up last night during the final few hours of the U.S. trading session and the reason behind that was very obvious- investors could smell more blood.…
Read MoreIf there is any derivative worth talking about today, it surely is oil price. What a stellar performance yesterday for both Crude and Brent and both of them are on track to to continue their gains this morning. It has been a very long time that we came across any headlines which says that crude…
Read MoreAsian markets trading in a strong positive territory as investors are cheering the news from the People Bank of China. The PBOC is combating the uncertainty by turning on all of its cylinders. No matter what others hold their views, you cannot deny that the central is not showing its utmost commitment to prop up…
Read MoreIt was another roller coaster session over in the U.S. last night. Investors were as confused as they can be and this is what the trading session has interpreted. All the major indices were giving their extreme signals and traders could not resist but to buy them. On top of that, we had a positive…
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