Roadsign of higher interest rates ahead against blue sky

Yellen Hints US Rate Hike Within the Near Term

Market volatility was in general nothing to cheer for last week as most markets were in “wait-and-see” mode ahead of Friday’s speech by Fed Chair Yellen. According to the Fed Chair, it would be “appropriate” to increase the interest rate should we see continuity in the pickup of US macroeconomic indicators. Markets have increased the […]

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US Housing Strikes Back – Risky assets bid

Markets were in a positive mood on Tuesday on back of strong US New Home Sales, which rallied 16.6% against 2% expected, adding good ingredients for investors risk appetite. US benchmark indices closed 1.2-2.0% higher, led by financials,  with S&P500 bounced the neckline in the daily H-S formation and the good mood followed through in […]

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Global Stocks To Post Third Weekly Loss?

Risk aversion has been dominating recently on back of concerns of a global slowdown and uncertainty about the outcome of the Brexit referendum just to name a few parameters. This could lead to the that the saying “sell in May and walk away” once again will prove itself to be correct. US stocks were flat […]