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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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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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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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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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Back after a good break. Markets have started picking up. Some markets continuing their northward journey like the S&P500 while others like the Nifty and Shanghai reacting southwards. Data from the US has been positive and does indicate some improvement but as long as unemployment continues to remain at elevated levels the recovery could [...]

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The US stock markets closed on a very positive note although the volumes have been below average. There were no major negative news and most economic data were around expected lines. Although the Euro has been struggling on account of the Ireland bail out , Germany seems to be propelling ahead in terms of [...]

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The past week went off as expected. The USD rebounded against most major currencies which resulted in a correction in US markets as well as most emerging markets. It is an irony that market will often finds reasons for profit taking when there is an imbalance in markets. This time the trigger was fear [...]

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