Silver 1 OZ 999 NY (XAG=X) moderately higher amid heightened concerns about slowing world economic growth

Silver 1 OZ 999 NY (XAG=X) moderately higher amid heightened concerns about slowing world economic growth

Silver 1 OZ 999 NY (XAG=X) moderately higher amid heightened concerns about slowing world economic growth Gold and silver prices are moderately higher in early U.S. trading Wednesday. Safe-haven demand continues to be featured for the two precious metals at mid-week, amid heightened concerns about slowing world economic growth. Geopolitics also remains close to the front burner of […]

Euro: USD/EUR (EUR=X) Choppy As Recession Indicators Flash Red

Euro: USD/EUR (EUR=X) Choppy As Recession Indicators Flash Red

Euro: USD/EUR (EUR=X) Choppy As Recession Indicators Flash Red The Euro to US Dollar (EUR/USD) exchange rate has had a turbulent few sessions to say the least with price action – albeit confined to a $1.116 to $1.124 range – choppy over the last week amid mixed economic signals from both the US and Eurozone […]

Singapore: STI Index (.STI) may bounce back

Singapore: STI Index (.STI) may bounce back

Singapore: STI Index (.STI) may bounce back Market is seen opening higher tracking strong leads from Asian markets and overnight rally on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 19 points at the opening bell. The all-India general Consumer Price Index (CPI) […]

Gold 1 OZ (XAU=X) solid resistance at $1,600.00

Gold 1 OZ (XAU=X) solid resistance at $1,600.00

Gold 1 OZ (XAU=X) solid resistance at $1,600.00 Technically, the gold bulls have the strong overall near-term technical advantage. A 10-week-old uptrend is in place on the daily bar chart. Bulls’ next upside price objective is to produce a close in October futures above solid resistance at $1,600.00. Bears’ next near-term downside price breakout objective […]

Australian Dollar: USD/AUD (AUD=X) likely that we should continue to see downward pressure

Australian Dollar: USD/AUD (AUD=X) likely that we should continue to see downward pressure

Australian Dollar: USD/AUD (AUD=X) likely that we should continue to see downward pressure The Australian dollar initially tried to rally during the trading session on Wednesday, but then broke down significantly to reach towards the bottom of the recent consolidation. That being said, it looks as if the Australian dollar is going to continue to reach […]

Tesla, Inc. (NASDAQ:TSLA) has got something no one else in the auto world has

Tesla, Inc. (NASDAQ:TSLA) has got something no one else in the auto world has

Tesla, Inc. (NASDAQ:TSLA) has got something no one else in the auto world has Tesla (NASDAQ:TSLA) stock is down 30% in 2019.  However, in 2018, TSLA stock rose 6.9%, which was better than most of the other major auto stocks.  Yet TSLA continues to face an ongoing battle for survival.  It seems not a day goes by when someone […]

United States Oil (USO) fell after industry data showed U.S. crude inventories unexpectedly rose last week

United States Oil (USO) fell after industry data showed U.S. crude inventories unexpectedly rose last week

United States Oil (USO) fell after industry data showed U.S. crude inventories unexpectedly rose last week Oil prices fell on Wednesday after industry data showed U.S. crude inventories unexpectedly rose last week, erasing some gains from the last session that were stoked after Washington said it would delay tariffs on some Chinese goods. The move […]

Alibaba Group Holding Limited (NYSE:BABA) investors digest the implications of the trading war between the U.S. and China

Alibaba Group Holding Limited (NYSE:BABA) investors digest the implications of the trading war between the U.S. and China

Alibaba Group Holding Limited (NYSE:BABA) investors digest the implications of the trading war between the U.S. and China Wall Street is eagerly awaiting Alibaba’s (BABA) Thursday morning earnings, as investors digest the implications of the trading war between the U.S. and China. The Chinese e-commerce giant has been battling the trade war, which plays a […]

Amazon.com, Inc. (NASDAQ:AMZN) now trading near a trio of trendlines that have marked attractive entry points for a long trade in the past

Amazon.com, Inc. (NASDAQ:AMZN) now trading near a trio of trendlines that have marked attractive entry points for a long trade in the past

Amazon.com, Inc. (NASDAQ:AMZN) now trading near a trio of trendlines that have marked attractive entry points for a long trade in the past It’s been a rough August for the U.S. stock market, with the tech sector taking a notable hit on escalating U.S.-China trade rhetoric. This weakness may have created buying opportunities among individual names, […]

NASDAQ Composite (.IXIC) end higher amid trade optimism

NASDAQ Composite (.IXIC) end higher amid trade optimism

NASDAQ Composite (.IXIC) end higher amid trade optimismBouncing back from the steep losses of the previous day, US stocks closed higher, as the market was supported by easing US-China trade tensions. The Dow Jones Industrial Average increased 372.54 points, or 1.44 percent, to 26,279.91 on Tuesday. The S&P 500 was up 42.57 points, or 1.48 […]

Donald Trump’s easing of tariffs sent the Dow Jones Industrial Average (.DJI) higher

Donald Trump’s easing of tariffs sent the Dow Jones Industrial Average (.DJI)  higher

Donald Trump’s easing of tariffs sent the Dow Jones Industrial Average (.DJI) higher News that Donald Trump would delay the imposition of tariffs on some Chinese goods sent the Dow Jones rocketing today. Beware, though, because it’s a head fake before the inevitable crash. The Dow Jones Industrial Average rose 372 points to 26,280, an increase of 1.44 percent on […]

What the China tariffs mean for Apple Inc (NASDAQ:AAPL)

What the China tariffs mean for Apple Inc (NASDAQ:AAPL)

What the China tariffs mean for Apple Inc (NASDAQ:AAPL) It looks like Apple Opens a New Window. is, at least for the time being, dodging a bullet in the trade war between the U.S. and China Opens a New Window.. The U.S. Trade Representative on Tuesday announced the 10 percent tariff Opens a New Window. that was set to hit $300 […]

Alphabet Inc. (NASDAQ:GOOG) Traders See Price Errors at Close

Alphabet Inc. (NASDAQ:GOOG) Traders See Price Errors at Close

Alphabet Inc. (NASDAQ:GOOG) Traders See Price Errors at Close Apple Inc., Google-parent Alphabet Inc. and other major stocks had a bizarre last few minutes of trading Tuesday, as data glitches hampered U.S. markets for a second day. The drama came at the close, following a day in which Apple had calmly traded above $208 for […]

Ethereum: USD/ETH (ETH=) struggling to correct higher above the $215 resistance

Ethereum: USD/ETH (ETH=) struggling to correct higher above the $215 resistance

Ethereum: USD/ETH (ETH=) struggling to correct higher above the $215 resistance In the past few sessions, there was a steady decline in ETH price from the $216 resistance against the US Dollar. More importantly, bitcoin price gained bearish momentum and declined towards the $10,500 bearish target (as discussed in the weekly forecast). However, Ether’s price […]

Facebook, Inc. (NASDAQ:FB) paying hundreds of outside contractors to transcribe clips of audio from users of its services

Facebook, Inc. (NASDAQ:FB) paying hundreds of outside contractors to transcribe clips of audio from users of its services

Facebook, Inc. (NASDAQ:FB) paying hundreds of outside contractors to transcribe clips of audio from users of its services Facebook Inc. has been paying hundreds of outside contractors to transcribe clips of audio from users of its services, according to people with knowledge of the work. The work has rattled the contract employees, who are not […]

Over 2,600 Chipotle Crew Members Receive New Quarterly Bonus

Over 2,600 Chipotle Crew Members Receive New Quarterly Bonus

Chipotle Mexican Grill (NYSE: CMG) announced today that over 2,600 employees across 135 restaurants qualified to earn up to an extra week of pay as a result of its newly announced crew bonus program. If restaurant teams meet certain criteria such as predetermined sales as well as cashflow and throughput goals every quarter, they’ll have the opportunity […]

Bitcoin: USD/BTC (BTC=X) needs to break above $13,200 to revive the stalled bull market

Bitcoin: USD/BTC (BTC=X) needs to break above $13,200 to revive the stalled bull market

Bitcoin: USD/BTC (BTC=X) needs to break above $13,200 to revive the stalled bull market Bitcoin (BTC) now needs to break above $13,200 to revive the stalled bull market, a key monthly chart pattern suggests. The top cryptocurrency by market value created an “inside bar” pattern in July, with the monthly high and low of $13,200 […]

JD.com, Inc. (NASDAQ:JD) surges after the China-based e-commerce company reported second-quarter earnings that beat expectations

JD.com, Inc. (NASDAQ:JD) surges after the China-based e-commerce company reported second-quarter earnings that beat expectations

JD.com, Inc. (NASDAQ:JD) surges after the China-based e-commerce company reported second-quarter earnings that beat expectations Shares of JD.com Inc. JD, +12.89% surged 6.7% in active premarket trading Tuesday, after the China-based e-commerce company reported second-quarter earnings that beat expectations. Trading volume topped 1.3 million shares, making the stock the most actively traded ahead of the open. The company […]

The Bluffs Hits Its Big Five On a High

The Bluffs Hits Its Big Five On a High

Anniversaries, traditionally, are a time for reflection. But Vietnam’s top rated golf course, The Bluffs Ho Tram Strip, is is fixed on the future as it celebrates its 5th birthday this year. Since opening in 2014, the Greg Norman-designed course has helped raise the bar for the game in Vietnam in a number of ways. […]

Singapore: STI Index (.STI) headed for its weakest annual growth rate in a decade

Singapore: STI Index (.STI) headed for its weakest annual growth rate in a decade

Singapore: STI Index (.STI) headed for its weakest annual growth rate in a decade Singapore is headed for its weakest annual growth rate in a decade. It’s blaming its troubles on the US-China trade war. The country warned Tuesday that economic growth could fall to 0% this year. Previously, it predicted its economy would grow […]

New Zealand Dollar: NZD/USD (NZD=X) breaches 2019 support shelf, challenging 2018 bottom

New Zealand Dollar: NZD/USD (NZD=X) breaches 2019 support shelf, challenging 2018 bottom

New Zealand Dollar: NZD/USD (NZD=X) breaches 2019 support shelf, challenging 2018 bottom The New Zealand Dollar extended lower after breaking the bounds of the upswing from mid-June, pushing below the support shelf in the 0.6482-96 area to challenge the October 2018 low at 0.6425. A daily close underneath that exposes the January 2016 bottom at 0.6348 next. […]

Australia: S&P/ASX 200 (ASX:.AXJO) on track for a strong open

Australia: S&P/ASX 200 (ASX:.AXJO) on track for a strong open

Australia: S&P/ASX 200 (ASX:.AXJO) on track for a strong open Shares in New York surged, paced by Apple, as the US said it would delay imposing tariffs on some Chinese products. That bolstered risk sentiment and puts the ASX on track for a strong open. ASX futures were up 32 points or 0.5% to 6524 […]

Japanese Yen: USD/JPY (JPY=X) Retail trade data shows that 71% of traders are net-long

Japanese Yen: USD/JPY (JPY=X) Retail trade data shows that 71% of traders are net-long

Japanese Yen: USD/JPY (JPY=X) Retail trade data shows that 71% of traders are net-long USD/JPY: Retail trader data shows 71.4% of traders are net-long with the ratio of traders long to short at 2.49 to 1. In fact, traders have remained net-long since May 03 when USD/JPY traded near 111.977; price has moved 6.1% lower since then. […]

British Pound: USD/GBP (GBP=X) sees tepid gains, to remain heavy

British Pound: USD/GBP (GBP=X) sees tepid gains, to remain heavy

British Pound: USD/GBP (GBP=X) sees tepid gains, to remain heavy The latest UK labour market data has beaten expectations, and should provide Sterling with some short-term support but we remain of the view any strength in the currency should ultimately remain limited in nature. According to the ONS, Average Earnings – excluding bonuses – read […]

FTSE Bursa Malaysia KLCI (.KLSE) remains in the red

FTSE Bursa Malaysia KLCI (.KLSE) remains in the red

FTSE Bursa Malaysia KLCI (.KLSE) remains in the red Bursa Malaysia remained in the red across board at mid-morning due to continuous sell-offs, mainly involving banking stocks. At 11.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 18.60 points to 1,596.45 from Friday’s close close of 1,615.05.   The benchmark index opened 0.20 points easier at […]

DAX PERFORMANCE-INDEX (.GDAXI) sell-off expected to gather pace

DAX PERFORMANCE-INDEX (.GDAXI) sell-off expected to gather pace

DAX PERFORMANCE-INDEX (.GDAXI) sell-off expected to gather pace The DAX has similarly turned lower, with the break below 11,748 paving the way for a bearish decline. We have seen that bearish picture develop since then, and with prices forming continued lower highs and lower lows, it looks like we could see further selling come into play. A […]

Silver 1 OZ 999 NY (XAG=X) posting good gains

Silver 1 OZ 999 NY (XAG=X) posting good gains

Silver 1 OZ 999 NY (XAG=X) posting good gains Gold and silver prices are posting good gains in early U.S. trading Tuesday, with gold notching a six-year high and silver at a 1.5-year high. Safe-haven demand for the two precious metals is featured early this week, as protesting and civil unrest in Hong Kong has escalated. There are […]

Gold 1 OZ (XAU=X) notching a six-year high

Gold 1 OZ (XAU=X) notching a six-year high

Gold 1 OZ (XAU=X) notching a six-year high Technically, the gold bulls have the strong overall near-term technical advantage. A 10-week-old uptrend is in place on the daily bar chart. Bulls’ next upside price objective is to produce a close in October futures above solid resistance at $1,600.00. Bears’ next near-term downside price breakout objective […]

Australian Dollar: USD/AUD (AUD=X) traders seem to be shrugging off concerns over U.S.-China trade relations

Australian Dollar: USD/AUD (AUD=X) traders seem to be shrugging off concerns over U.S.-China trade relations

Australian Dollar: USD/AUD (AUD=X) traders seem to be shrugging off concerns over U.S.-China trade relations The Australian Dollar is edging higher on Tuesday, bucking the weaker trend in the global financial markets. Traders also seem to be shrugging off concerns over U.S.-China trade relations that appear to be having a slightly negative effect on higher-risk […]

Euro: USD/EUR (EUR=X) possible headwinds ahead

Euro: USD/EUR (EUR=X) possible headwinds ahead

Euro: USD/EUR (EUR=X) possible headwinds ahead German services PMI slowed to 54.5 in July, down from 55.8 a month earlier. The eurozone indicator also lost ground, falling from 53.6 to 53.2. Germany’s industrial numbers were mixed. Factory orders jumped 2.5% in June, rebounding from a decline of 2.2% in May. However, industrial production posted a […]

Banyan Tree Plants Seeds of Knowledge

Banyan Tree Plants Seeds of Knowledge

Resort’s internships lead to two scholarships for local students to attend university KOH SAMUI, Thailand (August 13, 2019) — Lots of luxury hotels give back to their local communities these days, and none more so than Banyan Tree Samui. The Thai resort has been awarded a “Gold Certification” by EarthCheck, the world’s leading scientific watchdog […]

UK FTSE 100 (.FTSE) higher and US shares headed north too as tensions eased over US/ China trade

UK FTSE 100 (.FTSE) higher and US shares headed north too as tensions eased over US/ China trade

UK FTSE 100 (.FTSE) higher and US shares headed north too as tensions eased over US/ China trade FTSE 100 closed the day higher and US shares headed north too as tensions eased over US/ China trade. Britain’s blue-chip index clocked off 24.18 points higher at 7,250.90.  The mid-cap index FTSE 250  also rose – up […]

Shanghai: SSE Composite Index (.SSEC) stocks fall as bank lending disappoints

Shanghai: SSE Composite Index (.SSEC) stocks fall as bank lending disappoints

Shanghai: SSE Composite Index (.SSEC) stocks fall as bank lending disappoints Chinese shares fell on Tuesday after data showed banks extended fewer-than-expected new loans in July. The Shanghai Composite index closed down 0.6% at 2,797.26, while the blue-chip CSI300 index ended 0.9% lower. The smaller Shenzhen index ended down 0.7% and the start-up board ChiNext […]

Canadian Dollar: USD/CAD (CAD=X) may soon bring bearish interest

Canadian Dollar: USD/CAD (CAD=X) may soon bring bearish interest

Canadian Dollar: USD/CAD (CAD=X) may soon bring bearish interest In the still developing camp of potential USD-weakness scenarios, USD/CAD may soon become of interest. The pair was in a hard-bearish trend during June and the first-half of July, eventually finding support just above the 1.3000 handle. A bullish reversal then followed and that’s lasted pretty much ever […]

Hong Kong: Hang Seng Index (.HSI) protests spark capital outflow fears

Hong Kong: Hang Seng Index (.HSI) protests spark capital outflow fears

Hong Kong: Hang Seng Index (.HSI) protests spark capital outflow fears Apprehension over capital outflows triggered by escalating political unrest has driven Hong Kong’s stock market to its lowest this year and pressured its currency, with analysts warning of more weakness. The Hang Seng Index .HSI fell 2.1% to 25,281.30 points on Tuesday, down 16% from the […]

Price of Bitcoin: USD/BTC (BTC=X) has been moving in the same direction as gold since June

Price of Bitcoin: USD/BTC (BTC=X) has been moving in the same direction as gold since June

Price of Bitcoin: USD/BTC (BTC=X) has been moving in the same direction as gold since June The correlation between bitcoin and gold has increased two times recently, writes Bloomberg. This measure over the past year is 0.496, but for the last three months it has spiralled up to 0.837. (A correlation coefficient of 1 indicates […]

Amazon.com, Inc. (NASDAQ:AMZN) stock Is at Critical Support Levels

Amazon.com, Inc. (NASDAQ:AMZN) stock Is at Critical Support Levels

Amazon.com, Inc. (NASDAQ:AMZN) stock Is at Critical Support Levels In recent weeks, Amazon stock went on a record eight-day losing streak that saw it drop over 10% after a slight earnings miss in EPS. The decline included a 6% drop alone in the week ending Aug. 2 when Jeff Bezos sold nearly $3 billion worth […]

Netflix, Inc. (NASDAQ:NFLX) has signed a multi-year deal with television writer-producers, David Benioff and D.B. Weiss, the names behind HBO’s popular show Game of Thrones

Netflix, Inc. (NASDAQ:NFLX) has signed a multi-year deal with television writer-producers, David Benioff and D.B. Weiss, the names behind HBO’s popular show Game of Thrones

Netflix, Inc. (NASDAQ:NFLX) has signed a multi-year deal with television writer-producers, David Benioff and D.B. Weiss, the names behind HBO’s popular show Game of Thrones Netflix NFLX has signed a multi-year deal with television writer-producers, David Benioff and D.B. Weiss, the names behind HBO’s popular show Game of Thrones. Per MarketWatch report, the deal, worth $200 million, […]

Ethereum: USD/ETH (ETH=) falls from 277 USD to 210 USD over the last 30 days

Ethereum: USD/ETH (ETH=) falls from 277 USD to 210 USD over the last 30 days

Ethereum: USD/ETH (ETH=) falls from 277 USD to 210 USD over the last 30 days Ethereum’s last 30 days have been full of struggles and downfalls. The coin has been dragged from 277 USD only to be traded around 210 USD in this same period. We will analyze Ethereum’s price movement over the last 30 days. […]

NASDAQ Composite (.IXIC) Futures Fall as Trade War Triggers Recession Fears

NASDAQ Composite (.IXIC) Futures Fall as Trade War Triggers Recession Fears

NASDAQ Composite (.IXIC) Futures Fall as Trade War Triggers Recession Fears U.S. stock futures plunged ahead of trading on Monday on concerns that the lingering trade war between the United States and China could push the global and domestic economies into a full-blown recession. The Dow lost around 150 points after Hong Kong International Airport […]

Twitter, Inc. (NYSE:TWTR) Hovers Near Buy Point On Renewed Strength

Twitter, Inc. (NYSE:TWTR) Hovers Near Buy Point On Renewed Strength

Twitter, Inc. (NYSE:TWTR) Hovers Near Buy Point On Renewed Strength Twitter hovers near a buy point and recently broke out on a stronger-than-expected quarterly earnings report. Twitter has formed a very large and deep cup-with-handle base. That handle also qualifies as its own cup base, with a 41.02 proper buy point, according to IBD MarketSmith chart analysis. The 5% buy zone tops […]

Alphabet Inc. (NASDAQ:GOOG) advertising business as an umbrella term has masked the underlying drivers of business

Alphabet Inc. (NASDAQ:GOOG) advertising business as an umbrella term has masked the underlying drivers of business

Alphabet Inc. (NASDAQ:GOOG) advertising business as an umbrella term has masked the underlying drivers of business Looking under the hood of Google’s (NASDAQ: GOOG) businesses, we find that while the company’s distributed infrastructure has been beaten into shape to be sold as cloud, not much has been done with Google’s geo-services offerings or Google Maps. Over […]

Alibaba Group Holding Limited (NYSE:BABA) Strength in Core Commerce Business

Alibaba Group Holding Limited (NYSE:BABA) Strength in Core Commerce Business

Alibaba Group Holding Limited (NYSE:BABA) Strength in Core Commerce Business Alibaba Group Holding Limited BABA is set to report first-quarter fiscal 2020 results on Aug 15. In the last reported quarter, the Chinese e-commerce giant delivered a positive earnings surprise of 21.90%. The surprise history has been decent in Alibaba’s case. The company surpassed estimates in […]

Apple Inc. (NASDAQ:AAPL) new iPhones are coming next month

Apple Inc. (NASDAQ:AAPL) new iPhones are coming next month

Apple Inc. (NASDAQ:AAPL) new iPhones are coming next month It’s a bad time to buy an iPhone. There are several reasons to wait, but I want to be clear: This isn’t because Apple’s current iPhones are bad. They’re the best phones you can buy. But Apple almost always unveils its new iPhones in September, so you should […]

Bitcoin: USD/BTC (BTC=X) may take some more time to show a rally like June

Bitcoin: USD/BTC (BTC=X) may take some more time to show a rally like June

Bitcoin: USD/BTC (BTC=X) may take some more time to show a rally like June Bitcoin, since the starting of this year, has shown tremendous strength in comparison with the year 2018. Though the initial few months were sluggish, the coin started showing positive results from April onwards. Here is an analysis of Bitcoin’s major price […]

Dow Jones Industrial Average (.DJI) trade war fears just won’t go away

Dow Jones Industrial Average (.DJI) trade war fears just won’t go away

Dow Jones Industrial Average (.DJI) trade war fears just won’t go away Wall Street’s trade war anxiety isn’t going away. The Dow dropped 391 points, or 1.5%, on Monday afternoon. The S&P 500 and Nasdaq lost 1.2% apiece. Treasury bond yields once again fell sharply as investors piled into safe assets. The turmoil comes as investors brace for the US-China trade war to […]

Tesla, Inc. (NASDAQ:TSLA) Model 3 crashed into a parked tow truck on a Moscow motorway

Tesla, Inc. (NASDAQ:TSLA) Model 3 crashed into a parked tow truck on a Moscow motorway

Tesla, Inc. (NASDAQ:TSLA) Model 3 crashed into a parked tow truck on a Moscow motorway A Tesla Model 3 crashed into a parked tow truck on a Moscow motorway, Reuters reported Sunday.  Following the crash, which happened late on Saturday, the car caught fire and was destroyed completely. The driver, director general of investment fund Arikapital Alexey […]

United States Oil (USO) prices fall on slowing demand concerns

United States Oil (USO) prices fall on slowing demand concerns

United States Oil (USO) prices fall on slowing demand concerns Oil prices fell on Tuesday, offsetting narrow gains in the previous session, as sluggish demand forecasts countered expectations that major producers would prop up oil prices by limiting crude oil output. International benchmark Brent crude futures LCOc1 were down 48 cents or 0.8%, from the […]

Gold 1 OZ (XAU=X) growth worries likely to persist, price could rise further

Gold 1 OZ (XAU=X) growth worries likely to persist, price could rise further

Gold 1 OZ (XAU=X) growth worries likely to persist, price could rise further Goldman Sachs Group upgraded its gold forecast for the first time this year, upping its 3-month and 6-month projections to $1,575 and $1,600 an ounce in light of escalating trade war tensions. Gold prices were solidly above $1,500 an ounce on Monday […]

Euro: USD/EUR (EUR=X) ‘Stuck’ in key price zone

Euro: USD/EUR (EUR=X) ‘Stuck’ in key price zone

Euro: USD/EUR (EUR=X) ‘Stuck’ in key price zone The early month dramatics in EUR/USD have calmed over the past week. As that burst of USD-weakness showed up on the back of additional tariffs on China (less than 24 hours after FOMC), EUR/USD burst up from fresh two-year-lows to run all the way up to a key zone on the […]

Bitcoin: USD/BTC (BTC=X) currently under pressure

Bitcoin: USD/BTC (BTC=X) currently under pressure

Bitcoin: USD/BTC (BTC=X) currently under pressure This past week, bitcoin price topped near the $12,325 level against the US Dollar. The BTC/USD pair started a strong downside correction and traded below the $11,500 support. There was a close below the $11,800 pivot level and the 100 hourly simple moving average. Finally, the price tested the […]

Japanese Yen: USD/JPY (JPY=X) continues to see a lot of global uncertainty

Japanese Yen: USD/JPY (JPY=X) continues to see a lot of global uncertainty

Japanese Yen: USD/JPY (JPY=X) continues to see a lot of global uncertainty The ¥105 level was tested early during the trading session on Monday, as we finally fulfilled that move that I had been talking about. The question now is whether or not we stay above there or if we break down going forward. It’ll be […]

Hong Kong: Hang Seng Index (.HSI) looks set to be cautious after a battering last week

Hong Kong: Hang Seng Index (.HSI) looks set to be cautious after a battering last week

Hong Kong: Hang Seng Index (.HSI) looks set to be cautious after a battering last week Market sentiment looks set to be cautious on Monday after a battering last week, following China’s yuan breaching the psychological threshold of 7 against the US dollar, escalating the US-China trade war.On Friday, Chen Yuan, a former deputy governor […]

Australian Dollar: USD/AUD (AUD=X) RBA Keeps Cash Rate Unchanged

Australian Dollar: USD/AUD (AUD=X) RBA Keeps Cash Rate Unchanged

Australian Dollar: USD/AUD (AUD=X) RBA Keeps Cash Rate Unchanged At its August 6 monetary policy meeting, the RBA kept the cash rate unchanged at an all-time low of 1.00%. The decision was in line with trader expectations, and followed two consecutive cuts in June and July. Nevertheless, the RBA’s dovish tone in its accompanying comments […]

British Pound: USD/GBP (GBP=X) may see 1985 low, UK economy contracts in second quarter

British Pound: USD/GBP (GBP=X) may see 1985 low, UK economy contracts in second quarter

British Pound: USD/GBP (GBP=X) may see 1985 low, UK economy contracts in second quarter The British Pound overwhelmingly underperformed against its major counterparts after the UK economy unexpectedly contracted 0.2% q/q in the second quarter according to preliminary estimates. It was the first contraction since 2012 amidst rising worries over the economic consequences of a “no-deal” Brexit. A second consecutive […]

New Zealand Dollar: NZD/USD (NZD=X) .6378 will signal a resumption of the downtrend

New Zealand Dollar: NZD/USD (NZD=X) .6378 will signal a resumption of the downtrend

New Zealand Dollar: NZD/USD (NZD=X) .6378 will signal a resumption of the downtrend The main trend is down according to the daily swing chart. A trade through .6378 will signal a resumption of the downtrend. The main trend will change to up when buyers take out .6791. This is highly unlikely today. The minor trend […]

Silver 1 OZ 999 NY (XAG=X) should continue to be very supported

Silver 1 OZ 999 NY (XAG=X) should continue to be very supported

Silver 1 OZ 999 NY (XAG=X) should continue to be very supported Silver markets initially fell during the trading session on Monday, but then turned around to reach towards the $16.50 level. That’s an area that of course attracts a lot of attention, as it is a large, round, psychologically important figure. Ultimately, this is a […]

DAX PERFORMANCE-INDEX (.GDAXI) recovery enters a new week

DAX PERFORMANCE-INDEX (.GDAXI) recovery enters a new week

DAX PERFORMANCE-INDEX (.GDAXI) recovery enters a new week A brief sojourn below the 200-day simple moving average (SMA) of 11,651 was followed up by a bounce for the DAX. However, gains stalled in the second half of the week, below 11,900, but higher lows have been established over the previous few sessions. Trendline support from the […]

UK FTSE 100 (.FTSE) surrendered early gains with Asia-focused shares particularly badly hit by worries over protests in Hong Kong

UK FTSE 100 (.FTSE) surrendered early gains with Asia-focused shares particularly badly hit by worries over protests in Hong Kong

UK FTSE 100 (.FTSE) surrendered early gains with Asia-focused shares particularly badly hit by worries over protests in Hong Kong London’s FTSE 100 surrendered early gains on Monday, with Asia-focused shares particularly badly hit by worries over protests in Hong Kong, while tour company Thomas Cook plunged after updating on its recapitalisation plans. The FTSE […]

Singapore: STI Index (.STI) cautiously rose following a volatile week

Singapore: STI Index (.STI) cautiously rose following a volatile week

Singapore: STI Index (.STI) cautiously rose following a volatile week Asian markets cautiously rose in early trading Monday, following a volatile week for global markets as U.S.-China trade tensions increased. Goldman Sachs on Sunday said that it does not expect a trade deal before the 2020 presidential election, and warned that the ongoing trade war is […]

Australia: S&P/ASX 200 (ASX:.AXJO) spent most of the day in red, then jumped 12 points on close to be higher

Australia: S&P/ASX 200 (ASX:.AXJO) spent most of the day in red, then jumped 12 points on close to be higher

Australia: S&P/ASX 200 (ASX:.AXJO) spent most of the day in red, then jumped 12 points on close to be higher A surprise jump in BHP and banking shares during the 4pm settlement has sent the S&P/ASX 200 from being in the red at 6578 points on the closing bell to being 6 points higher at […]

Walmart Inc. (NYSE:WMT), -1.14% tries to bolster its online business

Walmart Inc. (NYSE:WMT), -1.14%  tries to bolster its online business

Walmart Inc. (NYSE:WMT), -1.14% tries to bolster its online business Walmart WMT, -1.14%  tries to bolster its online business, it is staring down steep U.S. e-commerce losses that could amount to $1 billion this year, according to analysts at Morgan Stanley. Part of the problem is that the company sells a heavy mix of consumable products online, while […]

NASDAQ Composite (.IXIC) focus on the data particularly around retail sales and consumer confidence

NASDAQ Composite (.IXIC) focus on the data particularly around retail sales and consumer confidence

NASDAQ Composite (.IXIC) focus on the data particularly around retail sales and consumer confidence As President Donald Trump prepares to slap new tariffs on Chinese imports, investors are bracing for signs of pressure on U.S. consumers as top retailers begin reporting quarterly results next week and key consumer sentiment and retail sales data is released. […]

No Nay Never is Hot Property

No Nay Never is Hot Property

No Nay Never’s terrific run with his juveniles continued on Friday, when Balancing Act (2f No Nay Never – My Lass, by Elmaamul) justified favoritism in the five furlong novice stakes at Thirsk. The Jedd O’Keeffe-trained filly was last seen finishing second in a similar contest at Ripon and PJ McDonald was back on board […]

Dow Jones Industrial Average (.DJI) especially volatile during the recent stock market turmoil

Dow Jones Industrial Average (.DJI) especially volatile during the recent stock market turmoil

Dow Jones Industrial Average (.DJI) especially volatile during the recent stock market turmoil Dow Jones futures advanced 0.2% vs. fair value. S&P 500 futures climbed 0.3% and Nasdaq 100 futures rose 0.5%. Remember that overnight action in Dow futures and elsewhere doesn’t necessarily translate into actual trading in the next regular stock market session. Dow Jones futures have especially […]

Macy’s, Inc. (NYSE:M) is expected to provide a look at discounting trends

Macy’s, Inc. (NYSE:M) is expected to provide a look at discounting trends

Macy’s, Inc. (NYSE:M) is expected to provide a look at discounting trends Macy’s M, -4.38% is expected to provide an early look at how discounting trends and a wetter spring pressured department-store earnings on Wednesday, and will be followed on Thursday by JC Penney Co. Inc. JCP, -13.54%  , which is in danger of having its stock delisted for trading at […]

Holy Roman Emperor is Still a Force in Group 1 Racing

Holy Roman Emperor is Still a Force in Group 1 Racing

Fifth last year, Irish raider Romanised (Holy Roman Emperor) took his revenge on Sunday in the 98th renewal of the Prix de Haras de Fresnay-le-Buffard Jacques le Marois (Gr1), the traditional Summer mile championship of the summer on the 1,600 meters in a straight line from Deauville. Led by the two pacesetters, the race really started […]

United States Oil (USO) lower demand forecasts

United States Oil (USO) lower demand forecasts

United States Oil (USO) lower demand forecasts International benchmark Brent crude futures were at $58.40 a barrel by 0638 GMT, down 13 cents, or 0.2%, from their previous settlement. U.S. West Texas Intermediate (WTI) futures were at $54.33 per barrel, down 17 cents, or 0.3%, from their last close. Both benchmarks fell last week, with […]

Azerai La Residence, Hue Debuts Vastly Expanded Spa and New Treatment Menu

Azerai La Residence, Hue Debuts Vastly Expanded Spa and New Treatment Menu

HUE, Vietnam (August 12, 2019) – Azerai La Residence, Hue has unveiled a newly refurbished luxury spa that’s more than 50 percent larger than before, and that boasts new thermotherapy areas for men and women, in addition to a range of revitalizing new treatments. The two-time winner of the World Luxury Spa Award for Vietnam’s […]

The ‘Buy Bitcoin: USD/BTC (BTC=X)’ Argument

The ‘Buy Bitcoin: USD/BTC (BTC=X)’ Argument

The ‘Buy Bitcoin: USD/BTC (BTC=X)’ Argument Whether you’re cheering for its demise or not, the liberal vision of the nation-state is under threat, and that’s sowing chaos. On one side, the Internet has enabled new, transnational groups with loyalties that transcend their countries’ interests. On the other, this dislocation has fostered a backlash from defenders […]

Ethereum: USD/ETH (ETH=) short term upside correction from the $201 low against the US Dollar

Ethereum: USD/ETH (ETH=) short term upside correction from the $201 low against the US Dollar

Ethereum: USD/ETH (ETH=) short term upside correction from the $201 low against the US Dollar Recently, we saw a sharp decline in ETH price below the $220 and $215 supports against the US Dollar. The price even broke the $210 support level and settled below the 100 hourly simple moving average. Finally, the price tested the $200-$201 […]

Shanghai: SSE Composite Index (.SSEC) renewed concern the ongoing trade war will disrupt business operations

Shanghai: SSE Composite Index (.SSEC) renewed concern the ongoing trade war will disrupt business operations

Shanghai: SSE Composite Index (.SSEC) renewed concern the ongoing trade war will disrupt business operations China and Hong Kong stocks ended the week on a softer note on Friday, with the mainland’s benchmark capping the worst five straight days of trade in three months, as ZTE and other telecom equipment makers retreated on renewed concern […]

Canadian Dollar: USD/CAD (CAD=X) economic calendar will be quiet with only the ADP payroll data and foreign securities purchases

Canadian Dollar: USD/CAD (CAD=X) economic calendar will be quiet with only the ADP payroll data and foreign securities purchases

Canadian Dollar: USD/CAD (CAD=X) economic calendar will be quiet with only the ADP payroll data and foreign securities purchases Canadian economic calendar will be quiet with only the ADP payroll data and foreign securities purchases on Thursday and Friday respectively. US inflation and the ongoing saga of trade headlines will guide the market as the […]

Australia: S&P/ASX 200 (ASX:.AXJO) renewed worries about the trade conflict between the US and China is set to put investors in a defensive mood

Australia: S&P/ASX 200 (ASX:.AXJO) renewed worries about the trade conflict between the US and China is set to put investors in a defensive mood

Australia: S&P/ASX 200 (ASX:.AXJO) renewed worries about the trade conflict between the US and China is set to put investors in a defensive mood ASX futures were down 22 points or 0.3% to 6499. The local currency slipped 0.2 per cent. On Wall Street, the Dow dipped 0.3 per cent, the S&P 500 slid 0.7 […]

Euro: USD/EUR (EUR=X) appears that the pair is attempting yet another bottoming effort

Euro: USD/EUR (EUR=X) appears that the pair is attempting yet another bottoming effort

Euro: USD/EUR (EUR=X) appears that the pair is attempting yet another bottoming effort Several bottoming efforts in recent months have failed to produce a meaningful turn in EURUSD: the bullish falling wedge entering 2019; the bullish falling wedge between January and May; and the rising channel between May and July. Despite EURUSD hitting a fresh […]

Australian Dollar: USD/AUD (AUD=X) key events are business and consumer confidence reports and employment change

Australian Dollar: USD/AUD (AUD=X) key events are business and consumer confidence reports and employment change

Australian Dollar: USD/AUD (AUD=X) key events are business and consumer confidence reports and employment change In Australia, the focus was on the RBA rate decision. The bank maintained rates at an even 1.0% and RBA Governor Philip Lowe had a dovish message for the markets. Lowe noted that trade tensions remained a pressing concern and […]

Hong Kong: Hang Seng Index (.HSI) Shares Mixed

Hong Kong: Hang Seng Index (.HSI) Shares Mixed

Hong Kong: Hang Seng Index (.HSI) Shares Mixed The major Asia Pacific stock indexes are trading mixed on Friday with China and Hong Kong posting losses. Market conditions are much calmer than earlier in the week, which suggests money managers may have priced in most of the negative events with hedges in safe-haven assets like […]

UK FTSE 100 (.FTSE) threats to the global economy are brewing

UK FTSE 100 (.FTSE) threats to the global economy are brewing

UK FTSE 100 (.FTSE) threats to the global economy are brewing It is a tough time to be an investor right now. Even a quick glance at the business pages of any newspaper will tell you that threats to the global economy are brewing.  Donald Trump’s trade tariffs have sparked a full-blown trade war with China. […]

Gold 1 OZ (XAU=X) solid resistance at $1,550.00

Gold 1 OZ (XAU=X) solid resistance at $1,550.00

Gold 1 OZ (XAU=X) solid resistance at $1,550.00 Gold prices are higher in early U.S. trading Friday, as traders and investors are uneasy again, and looking to the safe-haven metals for cover. December gold futures were last up $3.70 an ounce at 1,513.30. September Comex silver prices were last up $0.059 at $16.995 an ounce. Technically, the gold bulls have […]

Silver 1 OZ 999 NY (XAG=X) fresh appetite for the perceived safety of precious metals

Silver 1 OZ 999 NY (XAG=X) fresh appetite for the perceived safety of precious metals

Silver 1 OZ 999 NY (XAG=X) fresh appetite for the perceived safety of precious metals Silver prices on Wednesday surged by the most in nearly three years and gold settled sharply above an important psychological level at $1,500, amid a round of easy-money policies that helped to stoke fresh appetite for the perceived safety of […]

DAX PERFORMANCE-INDEX (.GDAXI) awaits GDP and CPI data respectively

DAX PERFORMANCE-INDEX (.GDAXI) awaits GDP and CPI data respectively

DAX PERFORMANCE-INDEX (.GDAXI) awaits GDP and CPI data respectively While trade wars and monetary policy duke it out for the top spot on the radar of traders, Germany will look to provide insight on another major theme – economic growth. While all three themes are directly related, global growth concerns have receded from the headlines […]

New Zealand Dollar: NZD/USD (NZD=X) will follow the CNY down against the USD to fresh lows

New Zealand Dollar: NZD/USD (NZD=X) will follow the CNY down against the USD to fresh lows

New Zealand Dollar: NZD/USD (NZD=X) will follow the CNY down against the USD to fresh lows On Friday 2 August, just before dawn NZ time, President Trump tweeted that he would place 10% tariffs on the remaining $300b of Chinese imports not already facing punitive tariffs as of 1st September. This followed a restart of […]

Bitcoin: USD/BTC (BTC=X) Trades Sideways

Bitcoin: USD/BTC (BTC=X) Trades Sideways

Bitcoin: USD/BTC (BTC=X) Trades Sideways It is a largely green picture across the top-20 cryptocurrencies. While Bitcoin (BTC) has remained flat overall, altcoins have enjoyed some sizeable gains, with some rising over 9% on the day Bitcoin’s price was down a fraction at press time, losing 0.61% to trade at $11,352, according to Coin360­­. BTC’s value […]

British Pound: USD/GBP (GBP=X) may face a more bearish fate over the coming days

British Pound: USD/GBP (GBP=X) may face a more bearish fate over the coming days

British Pound: USD/GBP (GBP=X) may face a more bearish fate over the coming days The British Pound may face a more bearish fate over the coming days as Prime Minister Boris Johnsonremains adamant that the UK will depart from the European Union (EU) no later than the October 31 deadline, with the new leader hopeful that […]

Japanese Yen: USD/JPY (JPY=X) under pressure

Japanese Yen: USD/JPY (JPY=X) under pressure

Japanese Yen: USD/JPY (JPY=X) under pressure USD/JPY has, for now, established a bottom at ¥105.50, but this lower low continues to reinforce the bearish view. The gains made earlier in the week have been eroded, with the price failing to hold first ¥107.00 and then ¥106.50. Overnight gains stalled below ¥106.30, so if this continues to […]

United States Oil (USO) jumped on expectations that falling prices could lead to production cuts

United States Oil (USO) jumped on expectations that falling prices could lead to production cuts

United States Oil (USO) jumped on expectations that falling prices could lead to production cuts Oil jumped more than $1 a barrel on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency after a week of turmoil spurred by an escalation in U.S.-China trade tensions. […]

Ethereum: USD/ETH (ETH=) price is currently trading in a bearish zone and it even tested the $215 support area

Ethereum: USD/ETH (ETH=) price is currently trading in a bearish zone and it even tested the $215 support area

Ethereum: USD/ETH (ETH=) price is currently trading in a bearish zone and it even tested the $215 support area In the past two days, ETH price faced an increase in selling interest from $230 against the US Dollar. There was a steady decline below the $225 support level. Moreover, Ethereum price even broke the key […]

Apple Inc. (NASDAQ:AAPL) Ex-Dividend Date Scheduled for August 09

Apple Inc. (NASDAQ:AAPL) Ex-Dividend Date Scheduled for August 09

Apple Inc. (NASDAQ:AAPL) Ex-Dividend Date Scheduled for August 09 Apple Inc. ( AAPL ) will begin trading ex-dividend on August 09, 2019. A cash dividend payment of $0.77 per share is scheduled to be paid on August 15, 2019. Shareholders who purchased AAPL prior to the ex-dividend date are eligible for the cash dividend payment. […]

Innocap, Inc. (OTC:INNO) Technical Analysis Outlook

Innocap, Inc. (OTC:INNO) Technical Analysis Outlook

Innocap, Inc. (OTC:INNO) Technical Analysis Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 0.00. The projected upper bound is: 0.01. The projected lower bound is: 0.01. The projected closing price is: 0.01. Candlesticks A big […]

Galenfeha, Inc. (OTC:GLFH) Technical Analysis Outlook

Galenfeha, Inc. (OTC:GLFH) Technical Analysis Outlook

Galenfeha, Inc. (OTC:GLFH) Technical Analysis Outlook Overall, the bias in prices is: Upwards. The projected upper bound is: 0.06. The projected lower bound is: 0.02. The projected closing price is: 0.04. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 7 white candles and […]

NASDAQ Composite (.IXIC) closes above 8000

NASDAQ Composite (.IXIC) closes above 8000

NASDAQ Composite (.IXIC) closes above 8000 Thursday’s session closes with the NASDAQ Composite Index up above 8000 points. The index first reached the 8000 mark on Aug 27, 2018. The total shares traded for the NASDAQ was over 2.49 billion. Advancers stocks led declining by 2.68 to 1 ratio. There were 2319 advancers and 865 […]

Tesla, Inc. (NASDAQ:TSLA) Subpoenas May Presage Formal Probe

Tesla, Inc. (NASDAQ:TSLA) Subpoenas May Presage Formal Probe

Tesla, Inc. (NASDAQ:TSLA) Subpoenas May Presage Formal Probe Freshly disclosed records suggest the National Highway Traffic Safety Administration may be preparing a formal investigation into Tesla Inc.’s driver-assistance system Autopilot, a former agency official said. The agency has issued at least five subpoenas since April 2018 for information about Tesla vehicle crashes, according to NHTSA […]

Dow Jones Industrial Average (.DJI) staging a strong comeback

Dow Jones Industrial Average (.DJI) staging a strong comeback

Dow Jones Industrial Average (.DJI) staging a strong comeback Stocks rose on Thursday, erasing most of the steep losses from earlier in the week, as global bond yields rebounded while investors digested better-than-expected trade data out of China. The Dow Jones Industrial Average closed 371.12 points higher, or 1.4% to 26,378.19. The S&P 500 advanced 1.9% to 2,938.09 while […]

Amazon.com, Inc. (NASDAQ:AMZN) Primed for a Bounce Trade

Amazon.com, Inc. (NASDAQ:AMZN) Primed for a Bounce Trade

Amazon.com, Inc. (NASDAQ:AMZN) Primed for a Bounce Trade Shares of online retailing giant  Amazon(NASDAQ: AMZN ) haven’t been immune to the recent stock market volatility. In fact, AMZN stock fell about 14% in recent weeks. However, in the immediate term, the stock looks increasingly oversold and it’s a bounce candidate that active traders should consider closely. Before we […]

Cell MedX Corp. (OTC:CMXC) Technical Analysis Outlook

Cell MedX Corp. (OTC:CMXC) Technical Analysis Outlook

Cell MedX Corp. (OTC:CMXC) Technical Analysis Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.36. The projected lower bound is: 0.17. The projected closing price is: 0.26. Candlesticks A big white candle occurred. This is generally considered bullish, as prices […]

Bitcoin: USD/BTC (BTC=X) still awaits a bullish push to jump above $12,000

Bitcoin: USD/BTC (BTC=X) still awaits a bullish push to jump above $12,000

Bitcoin: USD/BTC (BTC=X) still awaits a bullish push to jump above $12,000 Bitcoin was above $12k for a few hours yesterday, and since then the coin is battling with resistance above $11,800 to surge above $12k again against U.S.Dollar.  The coin was above $11836.95 4 hours ago, and from there it steadily surged above $11951. […]

Bion Environmental Technologies, Inc. (OTC:BNET) Technical Analysis Outlook

Bion Environmental Technologies, Inc. (OTC:BNET) Technical Analysis Outlook

Bion Environmental Technologies, Inc. (OTC:BNET) Technical Analysis Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.70. The projected lower bound is: 0.40. The projected closing price is: 0.55. Candlesticks A white body occurred (because prices closed higher than they opened). […]

Facebook, Inc. (NASDAQ:FB) Strong Growth Continues

Facebook, Inc. (NASDAQ:FB) Strong Growth Continues

Facebook, Inc. (NASDAQ:FB) Strong Growth Continues Facebook (FB) on July 24 reported financial results for its second quarter of fiscal 2019. For the period, revenues increased 28% (and 32% in constant currency) to $16.9 billion. That was a sequential improvement from the first quarter and much better than the mid-single digit percentage decline that management […]

FTSE Bursa Malaysia KLCI (.KLSE) ends broadly higher, CI up 0.71pc

FTSE Bursa Malaysia KLCI (.KLSE) ends broadly higher, CI up 0.71pc

FTSE Bursa Malaysia KLCI (.KLSE) ends broadly higher, CI up 0.71pc Bursa Malaysia ended broadly higher in line with regional peers and amid an announcement of better-than-expected Chinese trade data for July.  At close, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 0.71 per cent or 11.32 points to end at 1,616.02 from yesterday’s […]