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Market correction to continue

Short-term wave counts show that there could be minor pullbacks next week, which will be small counter-trend rallies to correct for over-sold conditions. says Sonali Ranade Continuous Commodity......

Expect equity markets and dollar to consolidate

Clearly the DXY is overbought and needs to work off overbought conditions. That will trigger consolidation in US equity markets that are just as overbought, says Sonali Ranade  The US dollar......

Markets are marking time before making major moves

For now the probability of the tradable rally remains very low, says Sonali Ranade $ INDEX [DXY/$USD]:As noted in last week's column, the breakout point for DXY was above 83.50 which it pierced......

Dollar to be the best performing currency of 2015?

A stable dollar will at the minimum reduce further incremental cross-currency pain for Indian companies, notes Akash Prakash. Most are convinced the dollar will keep strengthening - so it's......

'Gradual rate hike by Fed works best for US, global markets'

Amid fears the US Federal Reserve might increase interest rates sooner than expected, the dollar has gained against most currencies. Singapore-based Nizam Idris, managing director & head of......

Rupee rebounds from one-week low, up 9 paise against dollar

Rebounding from one-week low, the Indian rupee on Thursday rose by 9 paise to finish at 62.16 against the dollar, snapping its four-day falling trend, on the back of dollar selling by banks and......
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FOREX-Sterling tumbles after dovish comments from BoE's Carney

NEW YORK The U.S. dollar gained against the sterling and the euro on Thursday, snapping two straight days of losses, after Bank of England Governor... ...

http://in.reuters.com/article/global-forex-idINL1N19M258
Oil down again but pares losses after U.S. crude drawdown

By Barani Krishnan NEW YORK (Reuters) - Oil prices fell on Wednesday, on track for their fifth straight daily decline, as global markets slid on... ...

https://in.news.yahoo.com/oil-slides-fifth-day-brexit-inventory-builds-bite-094240861--finance.html
Slumping autos weigh on manufacturing output; inflation tame

A man unloads vegetables at Grand Central Market in Los Angeles, California, March 9, 2015. Reuters/Lucy Nicholson WASHINGTON U.S.... ...

http://in.reuters.com/article/us-usa-economy-idINKCN0Z11GM
UPDATE 11-Oil falls on U.S. crude build, Brexit risk

An Oil and Natural Gas Corp's (ONGC) well is pictured in an oil field on the outskirts of the western city of Ahmedabad, India, February 10, 2016.... ...

http://in.reuters.com/article/global-oil-idINL4N1961FE
Yen gains as Brexit anxiety rises; Fed meeting looms

South Korean won, Chinese yuan and Japanese yen notes are seen on U.S. 100 dollar notes in this file photo illustration shot December 15, 2015.... ...

http://in.reuters.com/article/global-forex-idINKCN0Z003B

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