Blogs

India fiscal stimulus must raise spending on health sector. India's fiscal response has to be temporary, targeted. Won't be surprised if RBI uses extr

GBP/USD has been clinging onto range as Brits await news regarding the PM's condition, FXStreet’s analyst Yohay Elam reports. Key quotes “Updates from

Traders scaled back their open interest positions by around 8.7K contracts on Tuesday, according to advanced prints from CME Group for Gold futures ma

<p>One major risk to the market calm this week is Thursday’s virtual meeting between Saudi and Russia. The euphoria around a potential 10 to 15 million bpd cut has been devoured so fast by the market that one questions whether a cut of this size is enough to encourage a sustainable recovery in global oil […]

<p>The US indices rallied past 3% before reversing gains on Tuesday, and closed the session a touch below zero. The US treasury yields were offered, the US 10-year yield rebounded to 0.73% and the dollar softened.</p> <p>US House Speaker Nancy Pelosi said that the US may add another $1 trillion stimulus in the mix to […]

<p>Pivot</p> <p>&nbsp;(invalidation): 25.30 </p> <p>Our preference</p> <p>Short positions below 25.30 with targets at 23.95 &amp; 23.55 in extension.</p> <p>Alternative scenario</p>