XM Australia CEO, Peter McGuire, cautions traders to brace for market volatility in the coming months, citing potential impacts of US-China trade tensions and President Trump’s energy policies. McGuire suggests Brent crude prices could drop as low as $65 if geopolitical factors remain stable, driven by Trump’s pro-fossil fuel agenda and the appointment of Chris Wright as energy secretary.
Tech View: Nifty forms hammer candle; rebound from 23,500 offers hope. How to trade on Thursday
The Nifty’s short-term trend remains weak, but a smart recovery near 23,500 levels suggests a potential upside bounce. A sustained move above 23,800 levels could
January 8, 2025