Market Blog

Deja-Vu Chinese market plunge

China surprised the markets today by speeding up the devaluation of the yuan to its lowest level in nearly five years. According to experts, devaluation is seen as the last resort to boost China’s exports. Due to this, China’s stock market sank, and triggered the recently installed circuit breaker which halts the markets for 15 minutes after a 5% decline, and shuts down the day’s trading at 7% decline. And
Market Blog

Geo-Political tensions affect stock markets

Chinese stock markets continue to have negative sentiments despite China’s attempts at stabilizing its markets. Since the summer stock rout, China had banned unloading of shares by large stakeholders. According to analysts, this ban, originally expected to expire Friday, could remain in place for some time. Expectations that regulators will ramp up intervention could mean that, in the near term, Chinese markets will remain “volatile on a daily basis,” said
Market Blog

Ford Motors integration with Amazon spikes $F sentiment

$F- Ford Motors – Bullish (Short – Mid Term) The Consumer Electronic Show unveiled a novel integration of Ford Motors with Amazon – “Ford’s in car software” which will be connected to home devices. Ford will be accelerating from an auto company to an auto and a mobility company. Ford cars may soon drive by themselves, communicate with homes and even with drones! Ford’s 2015 F-150 is hitting full stride
Market Blog

Chinese market hits a new low. Trading halts, automatically

The manufacturing sector is the most important one in the Chinese Economy. After improving for two months, a survey conducted by Chinese media group Caixin showed that PMI fell to 48.2 in December from 48.6 the previous month. Any number below 50 represents a deceleration in the factory sector. Due to this, there was a 7% fall in the market which triggered a halt. However, economists said the new manufacturing