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Feb 25, 22 •
1485 Views •
Top News •
Zahir Shah
Comments Off on Equities Lose $250 bn, Russia to Hike Rates Soon
Investors prepare for the toughest sanctions yet as Russian assets disappear amid military attacks in Ukraine. More than $259 billion in stocks were liquidated as a result. The military offense in Ukraine affected markets globally, and a new battle for risk...
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Feb 24, 22 •
2105 Views •
Top News •
Zahir Shah
Comments Off on Russia Attacks Ukraine; Stocks Plummet, Oil Surges Above $100
Since 2014, oil prices have wholly broken to around $100 a barrel. Most markets have eventually fallen, and the ruble has reached record lows against the US dollar. This happened after Russian President Vladimir Putin had launched an offensive action in...
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Jan 31, 22 •
1529 Views •
Forex News, Top News •
Zahir Shah
Comments Off on How are crises in Ukraine hitting the global markets?
Tensions about a possible Russian invasion of Ukraine have pushed global markets to the brink of collapse. The possibility of conflict in Ukraine, as well as the likelihood of increasing interest rates, shook the markets this week, sending prices plummeting...
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Jan 31, 22 •
1330 Views •
Forex News, Top News •
Zahir Shah
Comments Off on What to look for this week? BoE, NFP, and ECB in focus
After a rollercoaster in January, the first week of February has a lot in store. Firstly, the BoE monetary policy report on Thursday. The ECB will also announce its monetary policy on Thursday. We have a busy week from the US, with NFP on Friday. So, what can...
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Jan 28, 22 •
1406 Views •
Hot Trading News, Top News •
Zahir Shah
Comments Off on Feds held interest rates near zero but signaled higher rates
The Federal Reserve kept interest rates around zero on Wednesday, January 26, but maintained its intention to abandon its pandemic-era cheap money policies in the face of significant price increases. So, what can we see in the long run? Powell’s press...
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Jan 28, 22 •
1401 Views •
Hot Trading News, Top News •
Zahir Shah
Comments Off on US Economy grew more than expected; what’s next?
As the Delta wave faded and the Omicron variant became a threat to the rebound in the last months of 2021, the US economic recovery picked up speed. So, will we see a pace in growth in 2022? Strong fourth quarter The fourth quarter provided some reprieve...
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Dec 30, 21 •
1398 Views •
Top News •
Zahir Shah
Comments Off on Currency market forecast report: EUR/USD, NZD/USD, AUD/USD, XEU and ECU
A low of 0.6702 or 141 pips was achieved in November in NZD/USD after breaking below its 5-year average at 0.6843. The high was 0.6840, up 138 pips. Currently, NZD/USD is at 0.6809, starting in November. Higher NZD/USD needs to breakthrough 0.6841, 0.6856,...
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Dec 30, 21 •
1473 Views •
Top News •
Zahir Shah
Comments Off on USDCHF is High this Year with Sudden up & down Chop
For the year, the USDCHF range is relatively narrow. Flows out of the safety of the CHF and a rise in the USD have both resulted in a recovery in the USDCHF in 2021. Technically, the longer-term weekly chart suggests a more bearish bias for the year as a...
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Dec 28, 21 •
1679 Views •
Top News •
Zahir Shah
Comments Off on Sooner or later, the Bank of Turkey will run out of dollars
The Turkish lira has fallen by almost 8%, and speculators are waiting for the Central Bank to run out of dollars. Lira rose sharply in the past week due to interventions. Traders estimate that government intervention last week cost the central bank more than...
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Dec 27, 21 •
1433 Views •
Top News •
Zahir Shah
Comments Off on Why is IMF Concerned About Cryptocurrencies?
According to the IMF, many institutions trading these assets lacked sound operating, governance, and risk management practices. The International Monetary Fund is concerned about cryptocurrencies because the market is growing fast, and the regulation is not...
