Friday 03rd February 2023 : Fed’s Interest Rate Announcement leads to Asian Markets trading higher
Global Markets: Asian Stock Markets : Nikkei up 0.40%, Shanghai Composite […]
Wednesday 01st February 2023 :Asian markets tiptoe awaiting Fed statements
Global Markets: Asian Stock Markets : Nikkei up 0.07%, Shanghai Composite […]
The Month Ahead – February 2023
The Federal Open Market Committee (FOMC) statement is used by the panel to communicate the monetary policy to investors. It’ll consist of the outcome of the vote on interest rate and provide possible clues of future votes as well as discussion on the economic outlook.
Wednesday 01st February 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price to possibly break the 1st resistance at 4109.25, where the recent high is, before heading towards the 2nd resistance at 4180.00, where the previous swing high is.
Monday 30th January 2023 : Asian markets tread cautiously
Global Markets: News & Data: Markets Update: Asian stock markets are […]
Monday 23rd January 2023 : Thin volumes in markets on account of Lunar New Year holiday
Global Markets: Asian Stock Markets : Nikkei up 1.30%, ASX up […]
Friday 20th January 2023 : Japanese markets turn over the red tide
Global Markets: Markets Update: Asian stock markets are trading mostly higher […]
Wednesday 18th January 2023 : Yen tumbles as BOJ stays course
Global Markets: Asian Stock Markets : Nikkei up 2.51%, Shanghai Composite […]
Monday 16th January 2023 : Asian markets higher on upbeat US data
Global Markets: Asian Stock Markets : Nikkei down 1.29%, Shanghai Composite […]