Global Market - Angel One

The much awaited Donald Trump’s address to the Joint Session of Congress actually evoked mixed feelings. There is no gainsaying the fact that the speech was thoroughly inspiring. With his focus on “Making America Great Again”, Trump managed to almost recreate the now-famous “Audacity of Hope” speech delivered by Barack Obama a little over 8 …

In an American economy where most fund managers have struggled to beat the index, Warren Buffett has been something of an incredible exception. Consider these statistics! Over the last 52 years since Buffet’s company, Berkshire Hathaway started investing in equities it has given an annualized return of 21% compounded. What is more interesting is that …

The trade data for the month of January 2017 was announced on 15th February. Compared to the previous month of December 2016, exports were down but imports saw a sharper fall. This led to the trade deficit reducing marginally from $10.37 billion in Dec-16 to $9.85 billion in Jan-17. The data for Jan-17 also assumes …

A full 2 months after Trump was elected as the 45th President of the US, he addressed the press for the first time on January 11th 2017. There were a lot of hopes and expectations built around the Trump speech as key announcements were expected. However, it needs to be said that while the speech …

As we herald a new year, the real action could be on the global front. Year 2016 was quite eventful. On the political front, Donald Trump was elected as the president of the US against all odds. Surprisingly, Britain voted in favour of moving out of the EU (popularly called BREXIT). On the economic front, …

The November 30th meeting of the OPEC was critical in more ways than one. For the first time since 2008, the OPEC went about setting a clear target for reducing production by setting quotas for each member of the OPEC group. The OPEC members agreed to jointly cut daily production of crude oil by 1.2 …

Image Source: The Telegraph So it is official now! Donald Trump will be the 45th President of the United States. His victory was not only unexpected but also feared. The impact was visible across markets. The Mexican Peso crashed sharply, US Dollar also lost value against hard currencies, the bond markets tanked and the Dow …

The US Fed meeting as well as the Bank of Japan meet on monetary policy concluded on the 21st of September. The key metrics with respect to the US Fed was whether the Fed would hike rates and its trajectory on future rates. The key metrics with respect to the Bank of Japan was would …

Last week, pharma stocks were among the worst performers on the bourses, with the NSE pharma index falling by nearly (-9.09%). The trigger was an investigation that had been launched by the US Department of Justice into generic drug companies operating in the US. According to the US department of Justice (DOJ), many of these …

The Purchasing Manager’s Index (PMI) is released for the previous month by IHS Markit on the 01st of next month. On November 01st, the IHS Markit released the PMI numbers for major world economies. So, what is the PMI all about? PMI is basically a barometer of the health of the manufacturing sector. The PMI …