- U.S Markets closed lower yesterday.
- Asian markets are mostly mixed.
- Dow futures are flat right now.
- SGX Nifty is down 50-70 Points.
- Yesterday it was a volatile trading session in U.S Market.
- It was the Fed policy day.
- Fed as expected didn't give any surprises.
- It was expected that they would raise interest rates by 50 basis points.
- Fed did exactly the same.
- They increased rates by 50 basis points.
- Commentary relating to Inflation was also most important.
- This Commentary gives an idea as to what Fed thinks about the Economy.
- What all steps they might consider taking in future etc.
- FED according to me didn't sound much Hawkish relating to Inflation.
- The Commentary was on a slightly Dowish tone.
- Markets went all over the places.
- Finally settling lower.
- So all the events have been completed now.
- There are no planned events that remain for December series.
- India VIX is now at 52 week low.
- It has inched below 13.
- Nifty might trade between 18500 to 18800 today.
- stockmarketadvisory.in
1. U.S Markets closed lower YESTERDAY. 2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation. 11. All these news have spooked the Global Markets. 12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday. 14. Although it doesn't impact us at all , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive 16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low...
Comments