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Abhishek Goenka

16 POSTS
Abhishek Goenka, Founder & CEO, IFA Global.

Latest

Business

Increasing Cases and United States ‘Carousel Retaliation’ spooks risk sentiment

Abhishek Goenka -
The risk sentiment was souring as US trade representatives had proposed imposing tariffs on USD 3.1bn of imports from France, Germany, Spain, and the...
Business

Crosses rally on robust PMIs

Abhishek Goenka -
Euro and Sterling rallied yesterday as France, Germany and UK manufacturing PMIs came in better than expected. Onshore, the USDINR spot moved lower yesterday to...
Business

White House trade advisor Navarro does a U-turn; so do markets

Abhishek Goenka -
The US Dollar has weakened overnight. The anticipation of a second stimulus package is keeping the USD under pressure. While the EU is finding...
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Business

Market Analysis by Abhishek Goenka: Global Risk sentiment holds positive

Abhishek Goenka -
Overall global risk sentiment was positive heading into the weekend with China reaffirming its commitment to adhere to the one phase trade deal with...
Business

Market Watch: EU heads of state to discuss the recovery plan today

Abhishek Goenka -
The Bank of England kept rates unchanged and expanded its asset purchases by GBP 100bn to GBP 745bn. The BoE would have held back...
Business

Market Analysis: Focus will be on the Bank of England MPC meeting

Abhishek Goenka -
Levels across currencies are pretty much unchanged overnight. Focus today will be on the Bank of England policy. While it is expected to leave...
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Business

Market Analysis: OPEC+ agrees to a historic production cut

Abhishek Goenka -
OPEC+ agreed to the largest production cut ever of 9.7 mbpd which accounts for 10% of the daily global crude supply. US, Brazil, and...
Business

Market Analysis: Dow ends above 23,000 mark for the first time in a month

Abhishek Goenka -
The Dow gained 3.4% to close above the 23,000 mark for the first time in a month despite the US seeing the largest number...
Business

Market Analysis: Crude drops to 18-year lows

Abhishek Goenka -
Crude prices fell to their lowest levels in 18 years yesterday as markets fear the world may run out of storage space. There is...
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Business

Market Analysis: Stocks rise, USD weakened after US Congress approves stimulus package

Abhishek Goenka -
We witnessed an emphatic recovery in global equities in the past couple of days. The US parliament approved a USD 2tn stimulus package which...

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