Charu Chanana, Global Market Strategist & Head of FX Strategy, Saxo Markets, says overall the message from global data is pretty clear that we are going into a slowdown. What we need to watch out for is whether that slowdown comes abruptly, which is what puts the markets in a more difficult position. But if … Read more
What happened to gold and silver last week? What’s the outlook for these commodities this week? And how might the Fed’s actions impact gold in the near future? ET Markets discussed these questions with Naveen Mathur, Director of Commodities & Currencies at Anand Rathi Shares and Stock Brokers, in this week’s ET Commodity Talk. Excerpts: … Read more
Adrian Mowat, EM-Equity Strategist, says the Fed moving policy rates slowly going back to neutral, arguably gives a weakening dollar. For emerging markets to have a combination of an end of a strong dollar and the Fed beginning to move to a more neutral policy takes away some significant headwinds, perhaps even giving some tailwinds. … Read more
“I do not think that is the only thing that is going on. Though, I think what has happened here is the market was extremely buoyant and arguably priced for something approaching perfection when it got a bit of a wake-up call that the economy was slowing down from last Friday’s non-farm payrolls number in … Read more
Ajay Bagga, market expert, says there will be one more data set for the Fed and probably the August data as well, before they meet on 18th September. It is better to wait and watch. They have been quite clear in saying that the whole thing is meeting to meeting data-driven. The big difference yesterday … Read more
