Domint Trade Consultancy Pvt Ltd

20/03/2019

Happy .

21/02/2019

After the release of FOMC minutes markets mood changed.According to the document, several participants saw further rate hikes appropriate in 2019, and almost all thought it desirable to announce a plan to stop reducing Fed’s asset holdings later this year. FOMC members agreed that it was important to be flexible in managing the process of balance sheet normalization. Market participants appear to have interpreted the minutes as “not so dovish”, taking into account the US dollar appreciation that followed the document. Indian markets indicating an negative start. Good Day.

20/02/2019

Stocks in Asia mostly traded higher on Wednesday morning, after U.S. President Donald Trump hinted once again that a closely watched trade deadline in March may be pushed back. Indian market indicating a positive opening. Good day.

24/01/2019

· Dollar/rupee opened down Thursday on selling by exporters amid weak dollar. Exporters selling seen in the market on weak dollar amid global economic slowdown, crude oil prices are also below $61/barrel. Dollar/rupee opened at Rs 71.26/$1 Thursday compared to previous close of Rs 71.33/$1. FX markets struggle to find direction or favorites as outlook in both the US and Europe is turning cautious. In the baseline, we are more bearish on the dollar than the euro and slightly positive on the pound over the coming months. In the short run, however, the dollar index could see gains due to safe haven trade on days that risk appetites decline in the market. USD/INR seen trading in Rs 71.00-71.50/$

· The dollar index, which tracks the movement of the greenback against a basket of six major currencies, traded at 96.07 during early Asian trades Thursday compared to 96.24 at previous close. Adding to that, the greenback remained weak against major peers on worries about global economic slowdown, US government shutdown amid US-China trade tension. An escalation of trade tensions and a worsening of financial conditions are key sources of risk to the outlook, said the IMF.

Your specialist
Domint Trade Consultancy Pvt. Ltd.

16/01/2019

May Loses Brexit Vote in Landslide, Faces Confidence Vote today. Markets mixed in Asia after positive close in the US. Indian market indicating flat start with negative bias after steller upward move yesterday. Good Day .

15/01/2019

Global markets will be waiting for the outcome of the Brexit vote today.Good day.

10/01/2019

Asian stocks looked set to open mixed following a rally in U.S. equities as investors cheered the dovish approach discussed in minutes from the latest Federal Reserve meeting. But gains were muted by concerns that the partial shutdown of the U.S. government will continue for some time. The dollar fell and Treasuries rose, while oil surged above $52 a barrel and entered a bull market. Indian market may be choppy today like yesterday though indicating a positive start. Good Day

09/01/2019

U.S. stocks rose for a third day after President Trump proclaimed in a tweet that “talks with China are going very well!” and trade negotiations between Washington and Beijing were extended another day. Asian stocks looked set to follow a rally in U.S. shares and same for the Indian market.Good Day.

08/01/2019

The Trump administration expressed optimism it can reach a “reasonable” trade deal with China. World will be eagerly waiting for a positive conclusion between the world's two big economies.Indian market trading flat with positive bias.Good Day.

See related links to what you are looking for.

07/01/2019

U.S. and Chinese officials are set to begin trade negotiations on Monday in the hope of reaching a deal during a 90-day truce between President Donald Trump and his counterpart Xi Jinping. The People’s Bank of China trimmed banks’ required reserves, seeking to boost liquidity as China's economy slows . The amount of cash lenders must hold as reserves will be cut by 1 percentage point, dropping by 0.5 percentage point on January 15 and a further 0.5 percentage point on January 25, the central bank said on its website. The cut will release a net 800 billion yuan ($117 billion) of liquidity and will offset a funding squeeze.
Asian stocks are poised to gain after U.S. equities surged Friday on good news from the jobs market and Jerome Powell. Indian market indicating a positive start.Good Day.

04/01/2019

Asian stocks are set to follow U.S. equities downward, after a factory gauge dropped the most in a decade and Apple cut its sales outlook, adding to concern that global growth is slowing.

Breaking News: In US the House passed the second of two Democratic-led measures aimed at reopening shuttered parts of the federal government without allocating new money for President Donald Trump’s promised border wall. Indian market indicating a positive start. Good Day.

03/01/2019

Oil prices closed higher on the first trading day of 2019 as U.S. equities recovered from early losses and data showed OPEC getting an early start on a promised production cut. Asian markets trading in minor green territory and SGX Nifty indicating a positive start.Good Day.