Trade deal will happen, but implementation remains the key The global markets appeared enthused about the imminent trade deal between the US and China. As of now, Trump has approved the trade deal but China has not yet committed itself to that deal. Read more [...]

News Announcement Impact Analysis The US and China get closer to signing Phase 1 of trade deal While the deal is yet to be finalized, it entails China doubling its imports of agri products from the US In return, the US has put off Read more [...]

With the US and China moving more decisively towards a trade truce, global markets showed signs of celebration. The situation on UK voting will also be much clearer by the end of Friday and that is likely to drive the markets. Indian markets may Read more [...]

Equities rallied and gold prices fell after Trump stated that China and the US could be very close to a massive trade deal. This statement assumes significance in the light of the fact that the deadline for the next round of tariff hikes falls on December Read more [...]

Almost along expected lines, the US Federal Reserve decided to keep rates steady and did not move the rates. Speaking on the occasion, Jerome Powell underlined that any rate hike was virtually ruled out unless there was a persistent rise in inflation. Read more [...]

Wall Street slipped on Tuesday as the December 15th deadline for the next round of tariff imposition by the US on Chinese goods approaches. With no trade deal indications in place, is unclear how Donald Trump will proceed on this matter. The last round Read more [...]

Markets continued to react in an ambivalent fashion ahead of the Fed meet and the key macro data announcements in India. Financials have also been a little quiet after the monetary policy held status quo on rates. The markets are awaiting a tax Read more [...]

Bank of America has estimates that the recent accretion to supply cuts by OPEC and Russia could push the price of Brent Crude closer to $70/bbl by the second quarter of next year. At its last OPEC meeting in Vienna last week, the OPEC and Russia agreed Read more [...]