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“Currencies are one of the largest asset classes and garner a lot of attention when they move. Some currencies are directly proportionate to some asset classes, such as Aussie Dollar to stocks, Canadian Dollar to commodities. Given this correlation, it makes sense to study them going into the next year, especially when we know there’s…

“Every economy, especially the ones that rise to the top of the ladder, goes through a long term boom-bust cycle. Such cycles last for hundreds of years before another one emerges to challenge the status quo.”

Some Nifty sectoral indexes are showing signs of weakness while some stocks have strength.

“While we have been focused at what’s happening in the U.S., it makes sense at times to keep an eye on what are global markets upto and if there’s any sign of stress or is there a relief in sight.”