European Union has Failed

European Union has Failed

Policymakers at the European Central Bank will remove a key pillar of their support for the eurozone economy as planned Thursday, even while offering a gloomier outlook for the coming years, analysts expect. But with financial markets in turmoil over risks in Europe and beyond — from Brexit to an Italian budget row and Donald […]

Twitter Impose Islamic law

Twitter Impose Islamic law

When Canadian columnist Anthony Furey received an email said to be from Twitter’s legal team telling him he may have broken a slew of Pakistani laws, his first instinct was to dismiss it as spam. But after Googling the relevant sections of Pakistan’s penal code, the Toronto Sun op-ed editor was startled to learn he […]

Banyan Tree Vietnam is a Special Place

Ambitious plans to position Laguna Lang Co as one of Asia’s most far-reaching integrated resorts are ratcheting up with the official launch of the property’s exclusive Banyan Tree Residences. Unfolding over 280 hectares of prime oceanfront real estate in central Vietnam, the project is already renowned for its two award-winning resorts Banyan Tree and Angsana […]

Gunnevera Confirmed for Pegasus World Cup

Gunnevera Confirmed for Pegasus World Cup

Salomon Del Valle’s Margoth purchased a spot in the $9 million Pegasus World Cup Invitational (G1), confirming multiple graded-stakes winner Gunnevera for North America’s richest race Jan. 26 at Gulfstream Park. Gunnevera, who finished third in last year’s Pegasus World Cup, most recently ran second in the $6 million Breeders’ Cup Classic (G1) Nov. 3. […]

Social Media is the King of News

Social Media is the King of News

Social media has overtaken print newspapers as a news source for Americans, researchers said Monday, highlighting the growing importance of services such as Facebook and Twitter as well as the troubled state of legacy news organizations. The Pew Research Center report found 20 percent of US adults say they often get news via social media, […]

Apple iPhone Sales will Suffer After China Ruling

Apple iPhone Sales will Suffer After China Ruling

A Chinese court ordered a ban in the country on iPhone sales in a patent dispute between US chipmaker Qualcomm and Apple, according to a Qualcomm statement Monday. The statement said the Fuzhou Intermediate People’s Court had granted Qualcomm’s request for two preliminary injunctions against four subsidiaries of Apple, ordering them to immediately to stop […]

Terrorist Supporter Mogherini Plans on Breaching US Sanctions on Iran

Brussels will create an alternative payment channel to facilitate financial transactions between the European Union and Iran in the near future to bypass US sanctions, the EU’s top diplomat, Federica Mogherini, has announced. “I will expect this instrument to be established in the coming weeks before the end of the year as a way to […]

French President Emmanuel Macron Will Move France Further in to Socialism

French President Emmanuel Macron Will Move France Further in to Socialism

French President Emmanuel Macron will address the nation on Monday night to announce a series of “concrete” measures aimed at ending the protests over taxes and inequality that have rocked the country over the past three weeks. After already abandoning the anti-pollution fuel tax hikes that sparked the protests, what else can he do to […]

Robert Mueller Tried to Blackmail Witnesses

Robert Mueller Tried to Blackmail Witnesses

Jerome Corsi has sued Robert Mueller and a handful of federal agencies for allegedly attempting to blackmail him into lying about being a middle man between Wikileaks and the Trump campaign. Corsi, the former Washington bureau chief of Alex Jones’ controversial site, InfoWars, filed a lawsuit on Sunday which claims that special counsel Robert Mueller […]

Europe Shows it is Anti-Democracy

Europe Shows it is Anti-Democracy

The UK is free to unilaterally revoke a notification to depart from the EU, the European Court has ruled. The judicial body said this could be done without changing the terms of London’s membership in the bloc. The European Court of Justice (ECJ) opined in a document issued on Monday that Britain can reverse Article […]

Socialist EU Has Failed France

Socialist EU Has Failed France

Shops shuttered in the run-up to Christmas, chaos on the roads: France’s “yellow vest” protests are dealing a blow to the economy which the finance minister says is no less than a “catastrophe”. As riots flared in Paris on Saturday, Livio Forte, a tourist from New York, could only watch on as police trucks lined […]

MBH Corporation M8H Buys UK Construction Firm

MBH Corporation M8H Buys UK Construction Firm

MBH Corporation plc has today completed its first acquisition after the up-list to the Prime Market of the Dusseldorf Stock Exchange and a dual listing onto the Frankfurt Stock Exchange. MBH Corporation plc is pleased to welcome du Boulay Contracts Ltd to the Construction Services Group of MBH Corporation plc, purchasing 100% of the share […]

Musk is Right About the US Securities and Exchange Commission, But he Still Will Not Win

Musk is Right About the US Securities and Exchange Commission, But he Still Will Not Win

Elon Musk, the CEO of Tesla, openly derided the Photo by cdorobek [/caption]in an interview aired Sunday, having settled fraud charges with the regulatory agency over an errant tweet. “I want to be clear. I do not respect the SEC — I do not respect them” he said in an interview on the CBS network […]

Canada The Loser in Huawei Case

Canada The Loser in Huawei Case

China on Saturday summoned the Canadian ambassador over the “unconscionable and vile” detention of telecom giant Huawei’s chief financial officer in Vancouver, state media reported, in Beijing’s latest angry response to the hot-button case. Meng Wanzhou has been held since December 1 in Canada on an American extradition request and faces US fraud charges related […]

China Economic Update

China Economic Update

China’s trade surplus with the United States ballooned to a record $35.6 billion in November, official data showed Saturday, as exports across the Pacific remained strong despite a raft of US tariffs while imports shrank. Relations between the world’s top two economies continue to be tense despite a trade war truce struck between US President […]

The Uber IPO

The Uber IPO

Ride-share company Uber quietly filed paperwork this week for its initial public offering, the Wall Street Journal reported late Friday. The move comes one day after rival Lyft launched the process to take the company public with a stock offering. The Journal, citing unnamed sources familiar with the matter, said that Uber could go public […]

Facebook, Inc. (NASDAQ:FB) back in correction territory

Facebook, Inc. (NASDAQ:FB) back in correction territory

Facebook, Inc. (NASDAQ:FB) back in correction territory Tech stocks are back in correction territory after a painful day for public exchanges. The tech-heavy Nasdaq Composite index fell nearly 4 percent, with tech stocks like Apple, Amazon, Alphabet and Facebook weighing most heavily. In total, the so-called FAANG stocks — Facebook, Amazon, Apple, Netflix and Alphabet-owned […]

Apple Inc. (NASDAQ:AAPL) Facing the reality of market saturation

Apple Inc. (NASDAQ:AAPL) Facing the reality of market saturation

Apple Inc. (NASDAQ:AAPL) Facing the reality of market saturation Apple shares fell Tuesday after HSBC downgraded the stock, citing too much dependence on a single product and slowing emerging markets economies. HSBC downgraded Apple to hold from buy and cut its 12-month price target to $200 from $205. Apple shares fell 1.7 percent to $181.66 […]

Dow Jones Industrial Average (.DJI) Wall Street’s enthusiasm for the US-China trade truce has completely vanished

Dow Jones Industrial Average (.DJI) Wall Street’s enthusiasm for the US-China trade truce has completely vanished

Dow Jones Industrial Average (.DJI) Wall Street’s enthusiasm for the US-China trade truce has completely vanished That was fast. Wall Street’s enthusiasm for the US-China trade truce has completely vanished. The Dow dropped 799 points, or 3.1%, on Tuesday. At one point, the index was down 818 points. The S&P 500 declined 3.2%, while the […]

Twitter, Inc. (NYSE:TWTR) stock has the long term support it needs

Twitter, Inc. (NYSE:TWTR) stock has the long term support it needs

Twitter, Inc. (NYSE:TWTR) stock has the long term support it needs When it rains, it pours. Nowhere is that more true right now than the social media industry, which has dealt out massive pullbacks in names like Twitter (NYSE:TWTR), Facebook (NASDAQ:FB) and Snap (NYSE:SNAP). But unlike two of these names, Twitter stock is actually one […]

NASDAQ Composite (.IXIC) plunges by about 4% in late-session trade

NASDAQ Composite (.IXIC) plunges by about 4% in late-session trade

NASDAQ Composite (.IXIC) plunges by about 4% in late-session trade Selling on the NYSE on Tuesday afternoon has reached panic-like proportions, as the exchange’s Arms Index rose. The Arms is a volume-weighted breadth measure, that tends to rise when the broader market falls, as the intensity of the selling in declining stocks is usually greater […]

United States Oil (USO) pressured by a weekly report from the American Petroleum Institute

United States Oil (USO) pressured by a weekly report from the American Petroleum Institute

United States Oil (USO) pressured by a weekly report from the American Petroleum Institute  Oil prices were pressured by a weekly report from the American Petroleum Institute (API) that said U.S. crude inventories rose by 5.4 million barrels in the week to Nov. 30, to 448 million barrels, in a sign that U.S. oil markets […]

Alibaba Group Holding Limited (NYSE:BABA) set to rally over the next several months

Alibaba Group Holding Limited (NYSE:BABA) set to rally over the next several months

Alibaba Group Holding Limited (NYSE:BABA) set to rally over the next several months Since early October, the broader markets have been spiraling downward on concerns that more rate hikes and bigger tariffs would create a material drag on global economic growth. But over the past two weeks, those two major concerns have significantly receded, leaving […]

Alphabet Inc. (NASDAQ:GOOG) decline entirely attributable to the broader market

Alphabet Inc. (NASDAQ:GOOG) decline entirely attributable to the broader market

Alphabet Inc. (NASDAQ:GOOG) decline entirely attributable to the broader market Shares of Alphabet, parent company of online search giant Google, finished the day down 4.8%. With only a slightly greater loss than the Nasdaq Composite’s decline on Tuesday, the stock’s sell-off is probably entirely attributable to the broader market decline. The stock’s decline on Tuesday […]

MBH Corporation PLC (M8H.DU) Focus on Small Business for Big Success

MBH Corporation PLC (M8H.DU) Focus on Small Business for Big Success

MBH Corporation PLC (M8H.DU) Focus on Small Business for Big Success MBH will use the Agglomeration model to turn small business acquisitions in to a large successful company. For MBH to achieve its economic objectives, it will identify and acquire good, well run, profitable and debt free small businesses. Unlike traditional models, MBH are neither […]

Taxation and High Minimum Wage Killing Australia

Taxation and High Minimum Wage Killing Australia

Taxation and High Minimum Wage Killing Australia Australia’s economic growth stalled in the third-quarter of the year with consumer spending running out of steam as house prices fell further, official data showed Wednesday. The G20 economy grew a meagre 0.3 percent between July and September, the slowest rate in two years and far below market […]

Germany: DAX PERFORMANCE-INDEX (.GDAXI) pullback likely to be short-term in nature

Germany: DAX PERFORMANCE-INDEX (.GDAXI) pullback likely to be short-term in nature

Germany: DAX PERFORMANCE-INDEX (.GDAXI) pullback likely to be short-term in nature The DAX has been pulling back throughout the start of the week, with the price respecting trendline and the 200-day simple moving average (SMA) support this morning. The recent rebound comes from a long-term uptrend, raising the chance that we will see the beginning of a […]

Australian Dollar: USD/AUD (AUD=X) RBA extended its record-breaking run

Australian Dollar: USD/AUD (AUD=X) RBA extended its record-breaking run

Australian Dollar: USD/AUD (AUD=X) RBA extended its record-breaking run The Australian and New Zealand Dollars are trading higher on Tuesday, following the release of the RBA Rate Statement. At 0349 GMT, the AUD/USD is trading .7369, up 0.0011 or +0.15% and the NZD/USD is at .6961, up 0.0032 or +0.45%. The Reserve Bank of Australia […]

GOLD 1 OZ (XAU=X) could potentially see further strength

GOLD 1 OZ (XAU=X) could potentially see further strength

GOLD 1 OZ (XAU=X) could potentially see further strength The spot gold market is sharply higher by $20.91 per-ounce at $1241.12. The metal is up a solid 1.71% thus far on the session, and could potentially see further strength if outside markets continue on their current course. Heavy resistance may be seen around the October […]

Australia: S&P/ASX 200 (.AXJO) sentiment on global trade turns bearish

Australia: S&P/ASX 200 (.AXJO) sentiment on global trade turns bearish

Australia: S&P/ASX 200 (.AXJO) sentiment on global trade turns bearish Australian shares closed lower on Tuesday, wiping most of the gains from the previous session as investor sentiment on global trade turned bearish. The S&P/ASX 200 Index fell 58.1 points, or 1 per cent, to 5713.1 while the broader All Ordinaries slid 58.8 points, or […]

Hong Kong: HANG SENG INDEX (.HSI) questions remain about the details of the trade agreement

Hong Kong: HANG SENG INDEX (.HSI) questions remain about the details of the trade agreement

Hong Kong: HANG SENG INDEX (.HSI) questions remain about the details of the trade agreement Stocks in Asia mostly slipped on Tuesday amid uncertainty about the future of U.S.-China trade relations. Japan’s Nikkei 225 fell by 2.39 percent to close at 22,036.05 while the Topix index shed 2.36 percent to 1,649.20 by the end of […]

SILVER 1 OZ 999 NY (XAG=X) look forward to the Fed’s expected December rate hike

SILVER 1 OZ 999 NY (XAG=X) look forward to the Fed’s expected December rate hike

SILVER 1 OZ 999 NY (XAG=X) look forward to the Fed’s expected December rate hike After a week that saw the price of silver struggle to notch any gains, its most recent trading day made up for its latest challenge. The Buenos Aires G-20 meetings provided for the spark that silver prices needed to rally. […]

Japanese Yen: USD/JPY (JPY=X) falls sharply

Japanese Yen: USD/JPY (JPY=X) falls sharply

Japanese Yen: USD/JPY (JPY=X) falls sharply The USD/JPY pair has been hit by heavy selling, having been unable to move above ¥114.00 over the past month. The next area of support is around ¥112.30, the late November lows. Below this is the October low around ¥111.65. Any break higher requires a daily close above trendline resistance from […]

Singapore: STI Index (.STI) concerns over slowdown in the city-state’s manufacturing activity

Singapore: STI Index (.STI) concerns over slowdown in the city-state’s manufacturing activity

Singapore: STI Index (.STI) concerns over slowdown in the city-state’s manufacturing activity Singapore shares slid on Tuesday, one of the worst performing markets in Asia, amid concerns over slowdown in the city-state’s manufacturing activity and as doubts shrouded U.S.-China trade truce. Malaysia stocks also declined. The Straits Times Index ended 0.7% lower at 3167.79. Yangzijiang […]

Shanghai: SSE Composite Index (.SSEC) an inverted U.S. yield curve raised concerns about a possible recession

Shanghai: SSE Composite Index (.SSEC) an inverted U.S. yield curve raised concerns about a possible recession

Shanghai: SSE Composite Index (.SSEC) an inverted U.S. yield curve raised concerns about a possible recession Asian shares fell on Tuesday as a relief rally petered out amid rising doubts over whether China and the United States will be able to resolve trade differences. An inverted U.S. yield curve also raised concerns about a possible […]

Victory for Trump as China Moves on IP Cheats

Victory for Trump as China Moves on IP Cheats

China announced Tuesday stiffer punishments for serious infringers of intellectual property — including barring them from buying real estate or going on expensive holidays — as Washington clamours for action on the issue following a trade war truce. The National Development and Reform Commission, China’s state planner, along with 37 government departments, released a joint […]

Socialism May End as Rebellion in France Continues

Socialism May End as Rebellion in France Continues

The French government on Tuesday backed down on planned fuel tax hikes in a bid to draw the heat out of fierce protests that have escalated into the deepest crisis of Emmanuel Macron’s presidency. The concessions, coming after an earlier 500-million-euro ($570 million) relief package for poorer households, mark the first time 40-year-old Macron has […]

EU Tells UK they can Ignore Democracy

EU Tells UK they can Ignore Democracy

The UK has the power to unilaterally stop the Brexit process, the EU’s top legal advisers have said, contradicting statements from London that Article 50 could only be stopped with agreement of all 27 EU member states. The Advocate General, in a report prepared for the European Court in Strasbourg, stated that the UK could […]

Bitcoin: USD/BTC (BTC=X) down 80% since last December

Bitcoin: USD/BTC (BTC=X) down 80% since last December

Bitcoin: USD/BTC (BTC=X) down 80% since last December Fundamentals are extremely bullish and with regulators amending/formulating new laws, it’s clear that Bitcoin is here to stay. That could explain the increasing level of use, institutional interest and more funds for infrastructure development. Thing is, poor policies can cause irreparable damage for an economy. Unfortunately, then […]

Facebook, Inc. (NASDAQ:FB) former Facebook colleagues asking about job openings

Facebook, Inc. (NASDAQ:FB) former Facebook colleagues asking about job openings

Facebook, Inc. (NASDAQ:FB) former Facebook colleagues asking about job openings Some former Facebook employees say their phone is ringing a lot more in the last two months. On the other line: former Facebook colleagues asking about job openings or looking for a reference. This type of behavior is normal at most companies. But according to […]

Tesla, Inc. (NASDAQ:TSLA) has taken investors on a wild ride, but the trend has been mostly upward

Tesla, Inc. (NASDAQ:TSLA) has taken investors on a wild ride, but the trend has been mostly upward

Tesla, Inc. (NASDAQ:TSLA) has taken investors on a wild ride, but the trend has been mostly upward Like its CEO Elon Musk, Tesla (NASDAQ:TSLA) is as volatile and unpredictable as they come. Tesla’s stock price has gyrated wildly from $245 to $388 over the last 12 months — and Tesla stock is currently closer to […]

Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai is scheduled to testify before Congress on Wednesday

Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai is scheduled to testify before Congress on Wednesday

Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai is scheduled to testify before Congress on Wednesday Google (NASDAQ:GOOG) CEO Sundar Pichai is scheduled to testify before Congress on Wednesday, December 5, to defend the search giant’s data collection and filtering practices. Pichai will appear before a committee of the US House of Representatives, where he will likely […]

Dow Jones Industrial Average (.DJI) China and the United States reached a temporary trade truce

Dow Jones Industrial Average (.DJI) China and the United States reached a temporary trade truce

Dow Jones Industrial Average (.DJI) China and the United States reached a temporary trade truce The ceasefire between the United States and China has set off a celebration on Wall Street. The Dow climbed 288 points, or 1.1%, on Monday. It was up 442 points earlier in the day. Investors were pleased that China and […]

NASDAQ Composite (.IXIC) US will leave tariffs on $200 billion of goods at 10% and not boost it to 25%

NASDAQ Composite (.IXIC) US will leave tariffs on $200 billion of goods at 10% and not boost it to 25%

NASDAQ Composite (.IXIC) US will leave tariffs on $200 billion of goods at 10% and not boost it to 25% Stocks rallied Monday as investors cheered the trade truce reached over the weekend between the US and China. Stocks closed at their highest level in about a month as the energy, technology and consumer discretionary […]

Alibaba Group Holding Limited (NYSE:BABA) should rebound now that the trade war is on pause

Alibaba Group Holding Limited (NYSE:BABA) should rebound now that the trade war is on pause

Alibaba Group Holding Limited (NYSE:BABA) should rebound now that the trade war is on pause  China e-commerce giant Alibaba (NYSE:BABA) has dropped into bear market territory quite simply because it is China’s e-commerce giant. Trade war tensions with the U.S. have created economic uncertainty in China. That uncertainty is starting to show up in slower growth and […]

Spain Rejects EU Immigration Policy on Refugees

Spain Rejects EU Immigration Policy on Refugees

The wave of right-wing resurgence that has flooded Europe following the refugee crisis has reached Spain. An upstart anti-immigrant party has entered the parliament in Spain’s Andalusia and might yet become a kingmaker. Spain’s most populous region and one of its economic powerhouses, Andalusia held parliamentary elections this past weekend. Although the vote was technically […]

Euro Crisis Continues

Euro Crisis Continues

EU finance ministers struggled to agree reforms to better fight against a financial crisis early Tuesday, with negotiators still at the table after more than 12 hours of talks. “There are a lot of subjects and all of them are difficult,” a European source told AFP on condition of anonymity, adding that a final news […]

Australian Dollar: Interest Rates on Hold

Australian Dollar: Interest Rates on Hold

Australian Dollar: Interest Rates on Hold Australia’s central bank kept interest rates at a record-low on Tuesday as a drop in house prices accelerated as the country stagnates. Borrowing costs have stayed at 1.50 percent since they were last cut in August 2016, when the economy was transitioning away from an unprecedented mining investment boom. […]

Australia Puts an End to Privacy

Australia Puts an End to Privacy

Australia Puts an End to Privacy Australia’s two main parties struck a deal Tuesday to pass sweeping cyber laws requiring tech giants to help government agencies get around encrypted communications used by suspected criminals and terrorists. The laws are urgently needed to investigate serious crimes like terrorism and child sex offences, the conservative government said, […]

Euro: USD/EUR (EUR=X) turning lower from Fibonacci resistance

Euro: USD/EUR (EUR=X) turning lower from Fibonacci resistance

Euro: USD/EUR (EUR=X) turning lower from Fibonacci resistance EUR/USD has managed to rally into the 76.4% retracement this morning, following on from a wider downturn from the 61.8% resistance at $1.1394. With a bearish, engulfing pattern looking likely from this resistance level, coupled with a wider bearish trend over recent months, another bearish period looks likely […]

Singapore: STI Index (.STI) manufacturing PMI contracts in November

Singapore: STI Index (.STI) manufacturing PMI contracts in November

Singapore: STI Index (.STI) manufacturing PMI contracts in November A Barometer of Singapore’s electronics manufacturing activity dipped into contractionary territory for the first time in more than two years in November, as US-China trade tensions and the peaking of the global semiconductor cycle weighed on sentiment. The latest electronics sector Purchasing Managers’ Index (PMI) extended […]

Shanghai: SSE Composite Index (.SSEC) 90-day trade war truce

Shanghai: SSE Composite Index (.SSEC) 90-day trade war truce

Shanghai: SSE Composite Index (.SSEC) 90-day trade war truce Stocks listed in mainland China and Hong Kong rose on Monday after Chinese president Xi Jinping and his US counterpart, Donald Trump, reached an agreement over the weekend to de-escalate the US-China trade war. On the mainland, the benchmark Shanghai Composite Index rose by 2.6 per […]

GOLD 1 OZ (XAU=X) Prices Pop On U.S.-China Trade War Cease-Fire

GOLD 1 OZ (XAU=X) Prices Pop On U.S.-China Trade War Cease-Fire

GOLD 1 OZ (XAU=X) Prices Pop On U.S.-China Trade War Cease-Fire Gold bears have still the overall near-term technical advantage. Bulls’ next upside price objective is to produce a close in February futures above solid resistance at the October high of $1,252.00. Bears’ next near-term downside price breakout objective is pushing prices below solid technical […]

Australian Dollar: USD/AUD (AUD=X) expected to move higher to 0.7410

Australian Dollar: USD/AUD (AUD=X) expected to move higher to 0.7410

Australian Dollar: USD/AUD (AUD=X) expected to move higher to 0.7410 We have held the same view since last Thursday (29 Nov, spot at 0.7305) wherein the “the prospect of 0.7199 as a short-term bottom is quite high). We added, “confirmation of a short-term bottom is only upon a clear break above 0.7335/40”. AUD blast past […]

Japanese Yen: USD/JPY (JPY=X) expected to trade sideways for now

Japanese Yen: USD/JPY (JPY=X) expected to trade sideways for now

Japanese Yen: USD/JPY (JPY=X) expected to trade sideways for now We expected USD to “edge lower” since last Thursday (29 Nov, spot at 113.55) but it traded in a quiet manner and closed at about the same level on Thursday (113.47) and Friday (113.46). The mild downward momentum has eased and USD is still likely […]

SILVER 1 OZ 999 NY (XAG=X) agreement reached between the U.S. and China to a temporary halt

SILVER 1 OZ 999 NY (XAG=X) agreement reached between the U.S. and China to a temporary halt

SILVER 1 OZ 999 NY (XAG=X) agreement reached between the U.S. and China to a temporary halt Gold and silver prices are solidly up in early U.S. trading Monday, following the weekend agreement reached between the U.S. and China to a temporary halt their heretofore escalating trade war. Gold prices pushed to a three-week high […]

Australia: S&P/ASX 200 (.AXJO) rebounded after China and the United States agreed to a trade ceasefire at the G20 summit

Australia: S&P/ASX 200 (.AXJO) rebounded after China and the United States agreed to a trade ceasefire at the G20 summit

Australia: S&P/ASX 200 (.AXJO) rebounded after China and the United States agreed to a trade ceasefire at the G20 summit  Australian markets have rebounded after China and the United States agreed to a trade ceasefire at the G20 summit over the weekend. US President Donald Trump agreed to hold off for three months — until March 1 — […]

British Pound: USD/GBP (GBP=X) rally proving short-lived

British Pound: USD/GBP (GBP=X) rally proving short-lived

British Pound: USD/GBP (GBP=X) rally proving short-lived GBP/USD has been moving sharply higher this morning, yet just like EUR/USD, we are seeing the 76.4% Fibonacci resistance level respected. The trend over the past week has been one of consolidation, with a failure to break below the crucial $1.2661-$1.2696 support zone meaning we still await the next […]

Hong Kong: HANG SENG INDEX (.HSI) temporary pause on escalating the ongoing trade war

Hong Kong: HANG SENG INDEX (.HSI) temporary pause on escalating the ongoing trade war

Hong Kong: HANG SENG INDEX (.HSI) temporary pause on escalating the ongoing trade war Stocks in Asia saw gains on Monday after Presidents Donald Trump and Xi Jinping agreed to a temporary trade truce between the United States and China. The mainland Chinese markets, closely watched as a result of Beijing’s ongoing trade spat with […]

Swiss Government is Putting Special Focus on Blockchain

Swiss Government is Putting Special Focus on Blockchain

Swiss Government is Putting Special Focus on Blockchain First Infrachain conference focused on the public sector and infrastructure 250 participants attended Infrachain 18, the first blockchain conference focused on the public sector and infrastructure. Federal Councillor Ueli Maurer welcomed the conference attendees at Stade de Suisse in Bern, stating that: “Switzerland has a great hand […]

Trump is Consolidating the US Economy

Trump is Consolidating the US Economy

New Orders, Production, and Employment Growing Supplier Deliveries Slowing at Slower Rate; Backlog Growing Raw Materials Inventories Growing; Customers’ Inventories Too Low Prices Increasing at Slower Rate; Exports and Imports Growing Economic activity in the manufacturing sector expanded in November, and the overall economy grew for the 115th consecutive month, say the nation’s supply executives […]

A New French Revolution Against Socialism

A New French Revolution Against Socialism

A New French Revolution Against Socialism President Emmanuel Macron was elected on a promise to burnish France’s image on the global stage, but as shops and hotels counted the costs Monday of rioting over the weekend, many fear they won’t have much to cheer for Christmas. Violent anti-government protests on Saturday engulfed chic Paris shopping […]

America Loves Donald Trump

America Loves Donald Trump

Global equity markets soared Monday after China and the United States clinched a trade war truce, while oil prices surged on expectations of a big production cut. In midday deals, Frankfurt stocks were rebounding strongly, up 2.3 percent. London charged 2.0 percent higher and Paris gained 1.2 percent. European traders took their cue from Asia, […]

US China Trade War Eases: Buy these Stocks

US China Trade War Eases: Buy these Stocks

US President Donald Trump boasted Monday that US relations have taken a “BIG leap forward” with his meeting in Argentina with President Xi Jinping. “Very good things will happen. We are dealing from great strength, but China likewise has much to gain if and when a deal is completed. Level the field!” he said in […]

Alibaba Group Holding Limited (NYSE:BABA) sign of reaching a bottom

Alibaba Group Holding Limited (NYSE:BABA) sign of reaching a bottom

Alibaba Group Holding Limited (NYSE:BABA) sign of reaching a bottom Revenue and FCF are current key drivers for Alibaba’s capitalization growth. And the results of both of these indicators for the last quarter confirm that Alibaba’s undervaluation has increased. At the same time, technical indicators testify to a high probability that Alibaba’s stock reached its […]

United States Oil (USO) announcement of a 90-day pause on additional trade tariffs between China and the U.S.

United States Oil (USO) announcement of a 90-day pause on additional trade tariffs between China and the U.S.

United States Oil (USO) announcement of a 90-day pause on additional trade tariffs between China and the U.S. Oil prices surged on Monday after the United States and China agreed to a 90-day truce in their trade war, and ahead of a meeting this week by producer club OPEC that is expected to result in […]

Dow Jones Industrial Average (.DJI) President Donald Trump and Chinese President Xi Jinping agreement to halt new tariffs and avoid escalating the China trade war

Dow Jones Industrial Average (.DJI) President Donald Trump and Chinese President Xi Jinping agreement to halt new tariffs and avoid escalating the China trade war

Dow Jones Industrial Average (.DJI) President Donald Trump and Chinese President Xi Jinping agreement to halt new tariffs and avoid escalating the China trade war Dow Jones futures soared Sunday night, along with S&P 500 futures and Nasdaq futures following a tariff truce at the Trump-Xi meeting. President Donald Trump and Chinese President Xi Jinping […]

NASDAQ Composite (.IXIC) futures jump after Trump-Xi trade armistice

NASDAQ Composite (.IXIC) futures jump after Trump-Xi trade armistice

NASDAQ Composite (.IXIC) futures jump after Trump-Xi trade armistice U.S. stock index futures jumpedon Sunday, suggesting Wall Street was set rise further after itsbiggest weekly gain last week in nearly seven years as China andthe United States agreed to shelve any new tariffs and resetdiscussions. S&P 500 e-mini futures ESc1 were up 1.6 percent on […]

Tesla, Inc. (NASDAQ:TSLA) reached a daily production rate of 1,000 Model 3 cars per day

Tesla, Inc. (NASDAQ:TSLA) reached a daily production rate of 1,000 Model 3 cars per day

Tesla, Inc. (NASDAQ:TSLA) reached a daily production rate of 1,000 Model 3 cars per day Tesla has achieved a Model 3 production rate of 1,000 cars per day, according to electric vehicle blog Electrek. Producing cars at a rate of 1,000 per day would give a weekly production rate of 7,000 cars, assuming the factory […]

Bitcoin: USD/BTC (BTC=X) optimistic market expecting entry of institutional grade investors

Bitcoin: USD/BTC (BTC=X) optimistic market expecting entry of institutional grade investors

Bitcoin: USD/BTC (BTC=X) optimistic market expecting entry of institutional grade investors Technically, BTC/USD is bearish but with increasing adoption and an optimistic market expecting entry of institutional grade investors thanks to Fidelity Custodial Services, launch of NASDAQ Bitcoin Futures and a likely approval of Bitcoin ETF by the SEC, digital asset investors are set to […]

Alphabet Inc. (NASDAQ:GOOG) CEO hearing in U.S. House likely to be postponed

Alphabet Inc. (NASDAQ:GOOG) CEO hearing in U.S. House likely to be postponed

Alphabet Inc. (NASDAQ:GOOG) CEO hearing in U.S. House likely to be postponed The U.S. House Judiciary Committee will likely put off until next week a hearing with Google Chief Executive Sundar Pichai on the Alphabet Inc (O:GOOGL) unit’s social media practices because of the state funeral of former President George H.W. Bush, Chairman Bob Goodlatte […]

Twitter, Inc. (NYSE:TWTR) anticipated to report earnings of 10.40% per share for next year

Twitter, Inc. (NYSE:TWTR) anticipated to report earnings of 10.40% per share for next year

Twitter, Inc. (NYSE:TWTR) anticipated to report earnings of 10.40% per share for next year Twitter, Inc. (NYSE:TWTR) is anticipated to report earnings of 10.40% per share for next year, according to analysts. Analysts are expecting an EPS change of 151.40% for the current year. Wall Street analysts polled by Thomson Reuters have a current recommendation of […]

SILVER 1 OZ 999 NY (XAG=X) uncertainty on the outcome of the U.S.-China meeting on trade

SILVER 1 OZ 999 NY (XAG=X) uncertainty on the outcome of the U.S.-China meeting on trade

SILVER 1 OZ 999 NY (XAG=X) uncertainty on the outcome of the U.S.-China meeting on trade Gold and silver prices are moderately lower in early U.S. trading Friday, pressured by bearish outside market forces that include a firmer U.S. dollar index and weaker oil prices. February gold futures were last down $3.80 an ounce at […]

British Pound: USD/GBP (GBP=X) downside may be limited

British Pound: USD/GBP (GBP=X) downside may be limited

British Pound: USD/GBP (GBP=X) downside may be limited Fundamental Forecast for EUR/USD: Neutral – Both Italian politicians and European policymakers in Brussels remain entrenched in their respective negotiating positions, and now the European Commission is ready to punish Italy. – EUR/USD downside may be somewhat limited, particularly after the US Dollar’s fundamental backdrop eroded last […]

Singapore: STI Index (.STI) posted monthly gain amid trade worries

Singapore: STI Index (.STI) posted monthly gain amid trade worries

Singapore: STI Index (.STI) posted monthly gain amid trade worries Malaysia shares fell Friday capping quarterly earnings reporting seasons amid wild swings in commodity prices and heightened caution ahead of G-20 summit this weekend. Singapore stocks rose. The FBM KLCI ended 1% lower at 1679.86, dragging the monthly loss at 1.7%. Most sectors in Malaysia […]

GOLD 1 OZ (XAU=X) Consolidating

GOLD 1 OZ (XAU=X) Consolidating

GOLD 1 OZ (XAU=X) Consolidating February Comex Gold futures finished lower on Friday, completing a mostly sideways trade that ended with a lower close on the weekly chart. The market was primarily supported by a dovish outlook for interest rates, but gains were capped by a stronger U.S. Dollar. Safe-haven buying continued to support the dollar, […]

Hong Kong: HANG SENG INDEX (.HSI) overtakes Japan as the world’s 2nd biggest economy

Hong Kong: HANG SENG INDEX (.HSI) overtakes Japan as the world’s 2nd biggest economy

Hong Kong: HANG SENG INDEX (.HSI) overtakes Japan as the world’s 2nd biggest economy When it comes to paying up for the world’s common causes, like human rights, open-source research, climate change, ravages of war and famine in faraway countries, China likes to stress that as a poor country it lacks the means and urgencies […]

Australian Dollar: USD/AUD (AUD=X) has entered a period of tighter credit

Australian Dollar: USD/AUD (AUD=X) has entered a period of tighter credit

Australian Dollar: USD/AUD (AUD=X) has entered a period of tighter credit Australia has entered a period of tighter credit, as regulators look to bring down reliance on the housing market. The Royal Commission has made this scenario worse, as banks under intense spotlight retreat from the public eye. Australians have considerable wealth stored in housing […]

Japanese Yen: USD/JPY (JPY=X) may continue to consolidate

Japanese Yen: USD/JPY (JPY=X) may continue to consolidate

Japanese Yen: USD/JPY (JPY=X) may continue to consolidate  USD/JPY marks another failed attempt to test the 2018-high (114.55)as Fed Chairman Jerome Powell tames speculation for an extended hiking-cycle,and the dollar-yen exchange rate may continue to consolidate ahead of the next interest rate decision on December 19 as it preserves the range for November. The reaction […]

Euro: USD/EUR (EUR=X) Expectations are tempered with volatility low

Euro: USD/EUR (EUR=X) Expectations are tempered with volatility low

Euro: USD/EUR (EUR=X) Expectations are tempered with volatility low CHOPPY EURO PRICE ACTION BUILDING A TRIANGLE The bad news is that price action of late has been choppy and uninspiring, unless of course you favor mean reversion or range trading, in which case this has been your market. The good news for those looking for […]

Australia: S&P/ASX 200 (.AXJO) Expected to Open Higher

Australia: S&P/ASX 200 (.AXJO) Expected to Open Higher

Australia: S&P/ASX 200 (.AXJO) Expected to Open Higher Australian shares are set to open higher before a huge week of local data including third quarter growth statistics on Wednesday. Ahead of the GDP report however is tomorrow’s RBA policy meeting. ASX futures were 25 points higher over the weekend. Today the focus is likely to be […]

Australia: S&P/ASX 200 (.AXJO) gains in the IT, Materials and Metals & Mining

Australia: S&P/ASX 200 (.AXJO) gains in the IT, Materials and Metals & Mining

Australia: S&P/ASX 200 (.AXJO) gains in the IT, Materials and Metals & Mining Australia stocks were higher after the close on Thursday, as gains in the IT, Materials and Metals & Mining sectors led shares higher. At the close in Sydney, the S&P/ASX 200 gained 0.58%. The best performers of the session on the S&P/ASX […]

Hong Kong: HANG SENG INDEX (.HSI) investors remain wary ahead of the upcoming G20 meeting

Hong Kong: HANG SENG INDEX (.HSI) investors remain wary ahead of the upcoming G20 meeting

Hong Kong: HANG SENG INDEX (.HSI) investors remain wary ahead of the upcoming G20 meeting China shares rose on Thursday morning on hopes for policy support and as U.S. Federal Reserve Chairman Jerome Powell made comments interpreted as a dovish shift, but investors remain wary ahead of the upcoming G20 meeting in Argentina. At the […]

Australian Dollar: USD/AUD (AUD=X) strong gains against most major currencies

Australian Dollar: USD/AUD (AUD=X) strong gains against most major currencies

Australian Dollar: USD/AUD (AUD=X) strong gains against most major currencies The Australian dollar surged on Wednesday as doubts about the pace of rate hikes from the US Federal Reserve resurfaced. After doing very little for the majority of the session, the AUD/USD jackknifed higher in North American trade, fueled by remarks from US Federal Reserve […]

Euro: USD/EUR (EUR=X) given a boost by falling US dollar

Euro: USD/EUR (EUR=X) given a boost by falling US dollar

Euro: USD/EUR (EUR=X) given a boost by falling US dollar The weakening of the US dollar has prompted a sharp rebound in EUR/USD, and the price is now testing the area above the Monday high of $1.138. Further gains target the $1.147 area that was strong resistance earlier in the month. Some retracement of the sharp […]

Japanese Yen: USD/JPY (JPY=X) gives back gains

Japanese Yen: USD/JPY (JPY=X) gives back gains

Japanese Yen: USD/JPY (JPY=X) gives back gains After falling sharply, USD/JPY may try to rebound, but it will need to recover ¥113.60 otherwise a more bearish view begins to emerge. Below ¥113.20 the price heads towards ¥112.40. Overall, the bias in prices is: Sideways. The projected upper bound is: 114.56. The projected lower bound is: 112.30. The […]

Singapore: STI Index (.STI) hopes of China-US trade truce

Singapore: STI Index (.STI) hopes of China-US trade truce

Singapore: STI Index (.STI) hopes of China-US trade truce Asian markets mostly saw moderate gains yesterday, as the latest positive turn in the Trump-Xi dalliance gave stocks a mild mid-week boost. Singapore stocks ended higher with the Straits Times Index rising 4.08 points, or 0.1 per cent to 3,094.48. Gainers outnumbered losers 225 to 146, […]

GOLD 1 OZ (XAU=X) U.S. interest rates are just below “neutral” levels

GOLD 1 OZ (XAU=X) U.S. interest rates are just below “neutral” levels

GOLD 1 OZ (XAU=X) U.S. interest rates are just below “neutral” levels Technically, the gold bears still have the overall near-term technical advantage but the bulls have gained some upside momentum late this week. Gold bulls’ next upside near-term price breakout objective is to produce a close in February futures above solid technical resistance at […]

Shanghai: SSE Composite Index (.SSEC) weak sentiment ahead of G20 meeting

Shanghai: SSE Composite Index (.SSEC) weak sentiment ahead of G20 meeting

Shanghai: SSE Composite Index (.SSEC) weak sentiment ahead of G20 meeting China’s stock markets fell on Thursday as fragile investor sentiment shattered earlier gains, and as trading volumes remained lighter than average ahead of a widely anticipated meeting between the U.S. and Chinese presidents this weekend. At the close, the Shanghai Composite index was 1.4 […]

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