re: Day trading Nifty & Banknifty Futures
good news in the morning, aanand aahgaya..
no tapering for now as some were expecting.
Dow, S&P end at record highs on Macy's, Yellen
Asian stocks set to bounce, dollar eases on Yellen's comments
Asian share markets were set to bounce on Thursday after Federal Reserve Vice Chair Janet Yellen said the Fed has "more work to do" to help the economy, spurring U.S. stocks higher and putting the dollar on the defensive.
Yellen's introductory remarks, released ahead of her Senate confirmation hearing on Thursday to succeed Fed Chairman Ben Bernanke, supported the current ultra-easy monetary policy stance.
"As expected, Yellen did not go out of character," said Kathy Lien, managing director at BK Asset Management in New York. "Expectations for a Fed tapering in December have become overextended and as a result, we will see a weaker dollar over the next 24 hours."
The U.S. stock futures hit a record high following Yellen's comments, which came after regular U.S. share market close on Wednesday.
http://finance.yahoo.com/news/asian-stocks-set-bounce-dollar-004740999.html
Asian stocks set to bounce, dollar eases on Yellen's comments
Asian share markets were set to bounce on Thursday after Federal Reserve Vice Chair Janet Yellen said the Fed has "more work to do" to help the economy, spurring U.S. stocks higher and putting the dollar on the defensive.
Yellen's introductory remarks, released ahead of her Senate confirmation hearing on Thursday to succeed Fed Chairman Ben Bernanke, supported the current ultra-easy monetary policy stance.
"As expected, Yellen did not go out of character," said Kathy Lien, managing director at BK Asset Management in New York. "Expectations for a Fed tapering in December have become overextended and as a result, we will see a weaker dollar over the next 24 hours."
The U.S. stock futures hit a record high following Yellen's comments, which came after regular U.S. share market close on Wednesday.
http://finance.yahoo.com/news/asian-stocks-set-bounce-dollar-004740999.html
no tapering for now as some were expecting.