Month: August 2022

Global news/concerns: US market took a pause on 29-Aug after a big down day. This was expected but still we have to see whether the downfall will resume or there will be a dead cat bounce. Any bounce will be sold off in US market. Recent trend in US market shows that a big down…

Global news/concerns: FED created a panic in the market through extra hawkish outlook on US economy which suggests of further rate cut in the time to come. 10 year old US bond rates have started reducing since more money have started flowing into bond market from stock market after FED’s statement. Need to see whether…

A big gap down: FED spooked the market in Jackson Hole symposium as some people had anticipated. By character, Indian market does exactly the way US market does but at a larger degree. Looking at current SGX level, we will open at least 150-200 points gap down on Monday next i.e., on 29-Aug-22. Once market…

Global news/concerns: USD-INR still hovering just below 80. Sooner or later it will cross and sustain above that magic number. 10 year old US bond rates has retreated a bit, possibly a short term retracement after a long upmove. US market is waiting for the Powell’s speech in FED symposium scheduled on 26-Aug. Cooling off…

Global news/concerns: USD-INR still hovering just below 80. Sooner or later it will cross and sustain above that magic number. On similar lines, 10 year old US bond rates increasing constantly signalling FED is doing quantitative tightening behind the scene. US market is waiting for the Powell’s speech in FED symposium scheduled on 26-Aug. That…

Global news/concerns: USD-INR still hovering at the highest level putting extra pressure on Indian economy. US market along with EU markets are still correcting but at a reduced rate. This is in some contrast with yesterday’s move in Indian market. India news/concerns: In F&O space, FII, Pro, retail have all taken a bit of mixed…