Month: January 2016

Home / 2016 / January
BOJ adopts negative rates

BOJ adopts negative rates

Bank of Japan today unexpectedly cut interest rates below zero for the first time in its history. To put it short, imagine if you hold Japanese assets for 10 years and your return is a negative.  Kuroda who is the BOJ Governor in his speech said that BOJ will keep both Quantitative Easing and Negative…

Continue Reading
First trades of 2016

First trades of 2016

I started trading on the 4th of January 2016. As per my usual style, I usually do not trade on my first week back in trading as I would like to understand the market movements first. I send a notice out informing that I would be looking at short term opportunities only and not do…

Continue Reading
S&P 500 trading levels

S&P 500 trading levels

  The S&P sure started with a bang for the new year. China was credited for being the first to develop fireworks and the market drop we saw yesterday was also due to China. Economist expected Chinese PMI to come in at 48.9 but the market came in at 48.2. This sparked fear that the…

Continue Reading