Pavan Sharma

Wall Street’s three major indexes struggled for direction as Treasury yields inched up to levels (with the 10-year yield closing in on 3%) that have spooked investors in recent months. The move higher in US interest rates also saw the US dollar strengthen

Is post update selling over

Global markets were lower on Friday as investors worried about a jump in US bond yields, with technology stocks leading the decline on nerves around upcoming earnings reports and iPhone demand.   US corporate earnings season will gather pace this week wit

Is the stock ready for an oversold bounce?

Global markets were lower overnight as company earnings misses knocked sentiment on Wall Street.   We were not surprised to see some consolidation overnight in the US market which has had a decent rally over the past few days. Once again, we reiterate tha

Global markets were higher overnight as commodity stocks led gains with the US market moving back to a 4-week high.  Surging prices for nickel and aluminium lifted miners in London and New York, while the price of oil reached its highest level since 2014

Global markets rallied strongly overnight with US technology stocks leading the charge as strong earnings from Netflix and UnitedHealth boosted optimism over what is expected to be the strongest earnings season in seven years.