General Trading Chat

Any one watching the Fed rate unchanged and its effects on global markets?. Look forward to some action day tomorrow.
No change in Fed rates at present, US economy is still screwed up is what they say, basically. There will be a lot of talk, but the USD will weaken and I suppose that will push up our markets, specially the bank nifty and those scrips which have dollar loans.

Chalo, good night.
 

TraderPRO

Well-Known Member
No change in Fed rates at present, US economy is still screwed up is what they say, basically. There will be a lot of talk, but the USD will weaken and I suppose that will push up our markets, specially the bank nifty and those scrips which have dollar loans.

Chalo, good night.
Yes and gold is shooting up. Hopefully by end of the week market will stabilise. or we will have some black days again.

Goodnight Bro.
 

Riskyman

Well-Known Member
No change in Fed rates at present, US economy is still screwed up is what they say, basically. There will be a lot of talk, but the USD will weaken and I suppose that will push up our markets, specially the bank nifty and those scrips which have dollar loans.

Chalo, good night.
Which means the sword still hangs on the markets!!! Will see a lot of volatility in days to come.
 

Riskyman

Well-Known Member
Just to add... No rate hike means the US economy is still in a mess and all the song they been singing is fake. If the economy is better why dont they hike rates??? This time the world will not get anymore easy money. All we will get is more problems with the chinese economy because the US isnt doing well. The chinese markets cracks and it will start to drag the rest of the world with it. The stock markets may rally for the next day or two but the chinese will eventually catch up and pull it down. makes sense? If US aint doing well, then china not doing well. China is a ticking time bomb....An this should be evident in the days to come.
 

Dax Devil

Well-Known Member
Just to add... No rate hike means the US economy is still in a mess and all the song they been singing is fake. If the economy is better why dont they hike rates??? This time the world will not get anymore easy money. All we will get is more problems with the chinese economy because the US isnt doing well. The chinese markets cracks and it will start to drag the rest of the world with it. The stock markets may rally for the next day or two but the chinese will eventually catch up and pull it down. makes sense? If US aint doing well, then china not doing well. China is a ticking time bomb....An this should be evident in the days to come.
US economy is in mess. Europe's is in coma. China is ticking bomb. India, as we all know but refuse to admit, is a bomb without any fuse (foosss bomb). That means, great turmoil and confusion in the market in coming days. Means, more volatility. Means, time to switch TF to match the mayhem. Happy days never go away for traders, you know. :lol:
 

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