Hi friends,

The week was a stunning week and more of a decider week for the next 2 months. We can now safely conclude that the markets have a short term bottom in place. The Dow and the Dax made lower lows and then created a massive impulse wave indicating that it is headed higher in [...]

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Hi friends,

The unrest in Libya was the main event which most markets focussed on. The US stocks markets saw a deep cut in the earlier part of the week before bouncing strongly towards the close of the week. Amongst the currencies, the Japanese Yen was the most favoured on account of safety and liquidity. The [...]

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Hi friends,

The US stock markets continued to grind higher. Money since the start of the year has moved out of emerging markets into developed markets. My view had always been that the US markets would move higher despite all concerns . There is just too much liquidity around and most companies on the S&P500 and [...]

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Hi friends,

The past week was pretty exciting with the major surprise being the lower than expected GDP (QoQ) (4th Quarter) of the UK (-0.5% v/s expected +0.5%), a whole per cent reduction. The reaction in the GBP was almost immediate with gap downs in most crosses. The Eurozone data was [...]

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Hi friends,

The last week went off as expected. The S&P500 reacting near the 1300 mark and most of the currency pairs mentioned achieved their respective targets. The earning of most companies in the S&P500 continues to beat expectations and till interest rates remain low the market would continue to move up. Germany continues to be [...]

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