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FX remains range bound despite strong risk sentiment

5/6/2021 8:20:56 AM GMT Equities were mostly higher yesterday, on cautious optimism over company earnings reports, with a clear divergence between the Dow Jones Index and the Nasdaq Comp as investors and money managers rotate away from growth and technology stocks and buy value driven and Dow components, as prospects for rising rates increase. FX staying range bound and choppy. Risk sentiment remains strong in the face of any short-term negative headline shocks. The economic data globally is st...
Dow Jones Index Nasdaq Comp England Monetary Policy Report China Australia Strategic Economic Iron Ore டோ ஜோன்ஸ் குறியீட்டு

Are US markets signalling short term bottom in place?

Updated Mar 07, 2021 | 15:47 IST Interestingly, the charts of the Nasdaq Composite are placed at a very crucial juncture. There are 4 confluence of patterns which emerge on the charts of Nasdaq at this juncture. A major US index at classic short term bottom - positive for equities?&nbsp This could be good news for the Bulls, yet again. The recent past major market trends in our indices have been influenced by what happens across many global markets, especially the US. Sta...
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