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Sensex Ends 373 Points Higher; Realty & Power Stocks Witness Buying

Sensex Ends 373 Points Higher; Realty & Power Stocks Witness Buying

After opening the day marginally higher, Indian share markets continued their momentum and ended their day on a positive note. All sectoral indices were trading in green with stocks in the realty sector, metal sector and power sector leading the gains. At the closing bell, the BSE Sensex stood higher by 373 points (up 1%) and the NSE Nifty closed higher by 145 points (up 1.3%). […]
Dollar Suffers Biggest Weekly Drop Since February, Pushing Global Markets Higher

Dollar Suffers Biggest Weekly Drop Since February, Pushing Global Markets Higher

The dollar headed for its worst weekly loss since February following slowing inflation data out of the US and amid bets that other major central banks will start to normalize monetary policies, helping global stocks extend their lead as the MSCI All-Country World Index gained 0.3%. The bout of dollar weakness helped the MSCI Asia […]
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                        Markets: Decisions

E Markets: Decisions

The trust but verify mood to markets is notable today. China-US trade talks restarting set the mood over the last 48 hours to embrace risk and search for value trades. The Turkish Central Bank hiking rates to 24% stabilized TRY further adding to the sense that we are in the reversion cycle over the fear one for […]
Dollar Losses Extended – Friday, Sept. 14

Dollar Losses Extended – Friday, Sept. 14

The US dollar remains on the defensive after retreating yesterday. Its losses against the most of the major and emerging market currencies are being extended today. The combination of softer US inflation coupled with a less dovish than expected ECB, a Bank of England lifting growth forecasts, while warning that a Brexit without an agreement could […]
How Long Will Natural Gas Be A Bridge Fuel?

How Long Will Natural Gas Be A Bridge Fuel?

In a previous article, I addressed the reality that natural gas is already serving a bridge fuel between a past powered by coal and a future powered by renewables. Today, I want to discuss the factors that will influence the length of that bridge. Coal is a source of firm power, which means power that is guaranteed […]
USD/CAD Weekly Analysis – Friday, Sept. 14

USD/CAD Weekly Analysis – Friday, Sept. 14

USD/CAD extended its downside movement from 1.3226 to as low as 1.2975. Near term resistance is at the top trend line of the price channel on the 4-hour chart, as long as the channel resistance holds, the downside movement could be expected to continue and next target would be at 1.2900 area. Only a clear […]
Gold Bulls: Don’t Count On Yield Curve

Gold Bulls: Don’t Count On Yield Curve

Are we going to fall into the trap of a self-fulfilling prophecy? Could investors trigger recession only because they are so worried about inversion of the yield curve? We invite you to read our today’s article about the yield curve and find out whether the popularity of the yield curve as an indicator of recession […]
Honest Work For Dishonest Pay

Honest Work For Dishonest Pay

Over the past decade, in the wake of the 2008-09 debt crisis, the impossible has happened. The sickness of too much debt has been seemingly cured with massive dosages of even more debt. This, no doubt, is evidence that there are wonders and miracles above and beyond 24-hour home deliveries of Taco Bell via DoorDash. […]
The Turkish Lira Rises After A Day Of Higher Interest Rates

The Turkish Lira Rises After A Day Of Higher Interest Rates

The Turkish lira rose on Friday, a day after the central bank raised the benchmark interest rate by 625 basis points in the biggest increase of its kind in the 15-year rule of President Recep Tayyip Erdogan. The key rates are now at their highest level since 2004, almost a year after Erdogan’s first term in office. […]
WestRock Company Is A Wrap!

WestRock Company Is A Wrap!

The materials sector includes thirteen industries all related to mining, making and delivering essential commodities. The industries are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals and minerals; paper; silver; gold; specialty chemicals; steel. Today I’m reviewing a mid-cap packaging and containers firm named WestRock Company. It’s trading ticker symbol is WRK.  WestRock […]