Dow Jones Industrial Average (.DJI) gaining for the sixth session in a row, as investors continued to snap up global equities

Dow Jones Industrial Average (.DJI) gaining for the sixth session in a row, as investors continued to snap up global equities

Dow Jones Industrial Average (.DJI) gaining for the sixth session in a row, as investors continued to snap up global equities U.S. stocks closed higher Monday, with the Dow gaining for the sixth session in a row, as investors continued to snap up global equities after the U.S. dropped plans to impose tariffs on Mexico. […]

Tesla, Inc. (NASDAQ:TSLA) Jumps 6% Ahead Of Annual Shareholders Meeting

Tesla, Inc. (NASDAQ:TSLA) Jumps 6% Ahead Of Annual Shareholders Meeting

Tesla, Inc. (NASDAQ:TSLA) Jumps 6% Ahead Of Annual Shareholders Meeting A sustained rally by Tesla’s badly battered stock since last week and continuing Monday comes as welcome news ahead of the company’s annual shareholders meeting Tuesday afternoon in California. Tesla’s shares surged by as much as 6 percent Monday following a spate of analysts’ comments […]

Singapore: STI Index (.STI) business sentiment edged up slightly

Singapore: STI Index (.STI) business sentiment edged up slightly

Singapore: STI Index (.STI) business sentiment edged up slightly Business sentiment among Singapore firms edged up slightly for the first time after three consecutive quarters of decline, according to the latest Business Optimism Index by the Singapore Commercial Credit Bureau (SCCB). The index was +6.91 percentage points in Q3 2019, up from +5.08 percentage points […]

Australia: S&P/ASX 200 (.AXJO) investors respond to climbing prospects of easier monetary policy at home and abroad

Australia: S&P/ASX 200 (.AXJO) investors respond to climbing prospects of easier monetary policy at home and abroad

Australia: S&P/ASX 200 (.AXJO) investors respond to climbing prospects of easier monetary policy at home and abroad The ASX is expected to move back within striking distance of a post-GFC high in coming days as investors respond to climbing prospects of easier monetary policy at home and abroad. Thursday’s jobs data for May stands out […]

Hong Kong: HANG SENG INDEX (.HSI) starts week with rally as Trump drops Mexico tariffs threat

Hong Kong: HANG SENG INDEX (.HSI) starts week with rally as Trump drops Mexico tariffs threat

Hong Kong: HANG SENG INDEX (.HSI) starts week with rally as Trump drops Mexico tariffs threat Headline indices of the Hong Kong share market closed sharp higher on Monday, 10 June 2019, as risk sentiments boosted up after better-than-expected China’s trade data for May and news that U. S. President Donald Trump had suspended plans […]

Silver 1 OZ 999 NY (XAG=X) very likely that we have seen at the very least a short-term top

Silver 1 OZ 999 NY (XAG=X) very likely that we have seen at the very least a short-term top

Silver 1 OZ 999 NY (XAG=X) very likely that we have seen at the very least a short-term top Silver markets fell rather hard during the session on Monday, slicing through the $14.75 level, showing just how difficult it’s going to be to continue to go higher. What’s even more interesting is that the candle stick […]

Shanghai: SSE Composite Index (.SSEC) exports grow despite US tariffs, but imports slump most in nearly 3 years

Shanghai: SSE Composite Index (.SSEC) exports grow despite US tariffs, but imports slump most in nearly 3 years

Shanghai: SSE Composite Index (.SSEC) exports grow despite US tariffs, but imports slump most in nearly 3 years Shanghai stocks closed higher on Monday, snapping a six-session losing streak, as worries over trade tensions eased after an agreement between the United States and Mexico to avert a tariff war, and as weak data boosted stimulus […]

Gold 1 OZ (XAU=X) improved trader/investor risk appetite to start the trading week

Gold 1 OZ (XAU=X) improved trader/investor risk appetite to start the trading week

Gold 1 OZ (XAU=X) improved trader/investor risk appetite to start the trading week Gold prices are solidly lower in morning U.S. dealings Monday, on a corrective and profit-taking pullback from recent gains. Improved trader/investor risk appetite to start the trading week is also a negative for the safe-haven metals. A rebound in the U.S. dollar index […]

Moving Average On The Horizon For The Japanese Yen: USD/JPY (JPY=X)

Moving Average On The Horizon For The Japanese Yen: USD/JPY (JPY=X)

Moving Average On The Horizon For The Japanese Yen: USD/JPY (JPY=X) The Greenback is attempting to bounce back against the Japanese yen, establishing trade above the 108.50 level. Rates have stabilized since the 31 May plunge, with the USD/JPY putting in a short-term bottom in the vicinity of 108.00. During the U.S. overnight, Japan released a series […]

British Pound: USD/GBP (GBP=X) losing its gains in response to weak UK data

British Pound: USD/GBP (GBP=X) losing its gains in response to weak UK data

British Pound: USD/GBP (GBP=X) losing its gains in response to weak UK data The pound trades almost exclusively but it has been unable to ignore horrible figures. The UK economy shrank by 0.4% in April, worse than expected and indicating a hangover in the economy after businesses stockpiled ahead of the original Brexit data – […]

Australian Dollar: USD/AUD (AUD=X) starts week with losses

Australian Dollar: USD/AUD (AUD=X) starts week with losses

Australian Dollar: USD/AUD (AUD=X) starts week with losses Aud/Usd has posted considerable losses in the Monday session. In North American trade, AUD/USD is trading at 0.6963, up 0.54% on the day. On the release front, there are no major U.S. events. The sole event is JOLTS Job Openings, which is expected to tick up to […]

Top 10 Hotels in Egypt

Top 10 Hotels in Egypt

Top 10 Hotels in Egypt The Nile Ritz-Carlton Set in the heart of downtown, between the Nile and the iconic Tahrir square, experience Cairo like never before at The Nile Ritz-Carlton. Discover gracious spaces and enjoy exclusive views of the river Nile and the Egyptian Museum from the rooms and suites. The luxury guest room […]

FTSE Bursa Malaysia KLCI (.KLSE) gains ground on improved sentiment

FTSE Bursa Malaysia KLCI (.KLSE) gains ground on improved sentiment

FTSE Bursa Malaysia KLCI (.KLSE) gains ground on improved sentiment The FBM KLCI continues to gain ground Monday as market sentiments were boosted by the US-Mexico deal to avert a tariff war and optimism for a rate cut by the US Federal Reserve. At closing, the benchmark index rose 6.14 points, or 0.37% to 1,655.47. […]

Has the Tesla, Inc. (NASDAQ:TSLA) recovery begun?

Has the Tesla, Inc. (NASDAQ:TSLA) recovery begun?

Has the Tesla, Inc. (NASDAQ:TSLA) recovery begun? It sure looks like it, if you watched the stock price, hammered down below $US200, bounce back last week. Who knows if shares will rally, but if history is a guide, the stock had fallen too far, too fast. Now the bargain-hunters have moved in, recalling prior comebacks. […]

Bitcoin: USD/BTC (BTC=X) price remained in a bearish zone

Bitcoin: USD/BTC (BTC=X) price remained in a bearish zone

Bitcoin: USD/BTC (BTC=X) price remained in a bearish zone Recently, bitcoin price started a major decline below $8,000 against the US Dollar. The BTC/USD pair declined heavily and broke the $7,800 and $7,600 support levels. The pair even broke the $7,800 level and the 100 hourly simple moving average. Finally, there was a break below […]

Alibaba Group Holding Limited (NYSE:BABA) Expanding Product Portfolio

Alibaba Group Holding Limited (NYSE:BABA) Expanding Product Portfolio

Alibaba Group Holding Limited (NYSE:BABA) Expanding Product Portfolio Alibaba has introduced several products and enhancements over the past few years. The company has invested in big data and AI technologies. It has expanded itself on a global basis, which is considered to be a key differentiator, thereby giving it a competitive advantage. In a recent […]

NASDAQ Composite (.IXIC) have finally regained control

NASDAQ Composite (.IXIC) have finally regained control

NASDAQ Composite (.IXIC) have finally regained control The bulls have finally regained control of this market. But like a tennis match between two top-seeded players, there’s no telling when the back-and-forth is going to end. The good news is, the market just received some bad news — the type that all but assures the Fed […]

Apple Inc. (NASDAQ:AAPL) accused of price-fixing

Apple Inc. (NASDAQ:AAPL) accused of price-fixing

Apple Inc. (NASDAQ:AAPL) accused of price-fixing It was not a surprise when Apple was sued last week by app developers who believe there should be more competition in the App Store. That’s because Apple has been accused of price-fixing or monopolistic abuse before, once regarding their control of e-book prices in the iBookStore developed for iPad, and […]

Dow Jones Industrial Average (.DJI) futures point to a higher open

Dow Jones Industrial Average (.DJI) futures point to a higher open

Dow Jones Industrial Average (.DJI) futures point to a higher open Stock futures indicated that the Dow Jones Industrial Average would open higher Monday, after jumping more than 100 points earlier. The futures movement comes in the wake of President Donald Trump’s decision to suspend planned tariffs against Mexico. As of 9:54 p.m. ET Sunday, […]

Twitter, Inc. (NYSE:TWTR) reclaiming its 50-day moving average line

Twitter, Inc. (NYSE:TWTR) reclaiming its 50-day moving average line

Twitter, Inc. (NYSE:TWTR) reclaiming its 50-day moving average line Twitter stock rallied over 2%, extending a win streak to four trading sessions. The social media giant is reclaiming its 50-day moving average line, as a 41.02 buy point looms. The entry is the result of a cup with handle that stretches back to June 2018. […]

United States Oil (USO) Saudi Arabia signals OPEC deal extension

United States Oil (USO) Saudi Arabia signals OPEC deal extension

United States Oil (USO) Saudi Arabia signals OPEC deal extension Oil prices rose on Friday, climbing further from five-month lows hit this week, after Saudi Arabia said OPEC was close to agreeing to extend an output production cut beyond June. Brent crude futures rose 2.7% to $63.33 a barrel. U.S. West Texas Intermediate (WTI) crude […]

Should You Still Own Facebook, Inc. (NASDAQ:FB) Stock?

Should You Still Own Facebook, Inc. (NASDAQ:FB) Stock?

Should You Still Own Facebook, Inc. (NASDAQ:FB) Stock? On July 25, 2018, Facebook (NASDAQ: FB) stock closed at an all-time high of $217.50, representing a gain of more than 450% from its initial public offering (IPO) price. It seemed at the time like the most solid investment out of the whole social media pack.   Other industry […]

Top 10 Best Luxury Hotels in Bangkok

Top 10 Best Luxury Hotels in Bangkok

Top 10 Best Luxury Hotels in Bangkok Thailand’s capital Bangkok is is one the world’s most exciting cities. The metropole, home to 8 million people or 12.6 percent of the country’s population, is a true tourist paradise, proved by the growing number of travelers coming each year. Last year, the city hosted 20 million international tourists, […]

Euro: USD/EUR (EUR=X) broke above a bearish trend-line

Euro: USD/EUR (EUR=X)  broke above a bearish trend-line

Euro: USD/EUR (EUR=X) broke above a bearish trend-line Going along with that USD sell-off this week has been a bullish theme in EURUSD. That bullish theme has shown up despite the brewing risks around the Euro-Zone and the continued pace of dovishness at the ECB. But – those items aren’t necessarily new, whereas this re-pricing […]

Australian Dollar: USD/AUD (AUD=X) RBA and FOMC appear to be at the crossroads

Australian Dollar: USD/AUD (AUD=X) RBA and FOMC appear to be at the crossroads

Australian Dollar: USD/AUD (AUD=X) RBA and FOMC appear to be at the crossroads Two opposing central banks began to collide this week as both the RBA and FOMC appear to be at the crossroads. The RBA made the first big step in many years and cut the cash rate by 25bp to 1.25%. Shortly thereafter, […]

Japanese Yen: USD/JPY (JPY=X) investors will be forced to make a decision due to a change in trading conditions

Japanese Yen: USD/JPY (JPY=X) investors will be forced to make a decision due to a change in trading conditions

Japanese Yen: USD/JPY (JPY=X) investors will be forced to make a decision due to a change in trading conditions The Dollar/Yen closed lower on Friday after posting a volatile outside trading range. The price action suggests investor indecision. Short-covering due to dampened concerns over safe-haven demand may be providing support, but expectations of a sooner-than-expected […]

New Zealand Dollar: NZD/USD (NZD=X) next upside target is the April 30 main top at .6686

New Zealand Dollar: NZD/USD (NZD=X) next upside target is the April 30 main top at .6686

New Zealand Dollar: NZD/USD (NZD=X) next upside target is the April 30 main top at .6686 The New Zealand Dollar finished higher on Friday as a weaker-than-expected U.S. Non-Farm Payrolls report helped raise the chances of a sooner-than-expected rate cut by the U.S. Federal Reserve. As the odds of the rate cut increased, the 10-year […]

Gold 1 OZ (XAU=X) supported by trade tensions and crumbling bond yields

Gold 1 OZ (XAU=X) supported by trade tensions and crumbling bond yields

Gold 1 OZ (XAU=X) supported by trade tensions and crumbling bond yields Gold prices remain close to their 2019 peaks, buoyed up by a range of supportive factors which have added to the luster of all perceived haven assets. Trade tensions remain very high of course, particularly between China and the US where signs of rapprochement […]

British Pound: USD/GBP (GBP=X) to be impacted by leadership race

British Pound: USD/GBP (GBP=X) to be impacted by leadership race

British Pound: USD/GBP (GBP=X) to be impacted by leadership race The Pound could well extend higher this coming ewek but we are wary of a brief and temporary setback from overbought levels The Pound-to-Dollar rate is trading at around 1.2732 at the start of the new week, after rising 0.8% in the previous week. Studies […]

DRB-HICOM BHD (DRBM:KL) gets lift from Proton

DRB-HICOM BHD (DRBM:KL) gets lift from Proton

DRB-HICOM BHD (DRBM:KL) gets lift from Proton Because of the surge in tax bill to RM230.67 million, DRB-Hicom Bhd’s annual net profit came in substantially lower at RM122.87 million for the financial year ended March 31, 2019 (FY19) versus RM91.58 million in the preceding year. However, for the fourth quarter ended March 31, 2019 (4QFY19), […]

GEX Management, Inc. (OTC:GXXM) Technical Outlook

GEX Management, Inc. (OTC:GXXM) Technical Outlook

GEX Management, Inc. (OTC:GXXM) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.00. The projected lower bound is: -0.00. The projected closing price is: 0.00. Candlesticks During the past 10 bars, there have been 0 white candles and 4 […]

Twitter, Inc. (NYSE:TWTR) ad business troubling sign for investors

Twitter, Inc. (NYSE:TWTR) ad business troubling sign for investors

Twitter, Inc. (NYSE:TWTR) ad business troubling sign for investors Twitter (NYSE: TWTR ) ran an experiment last month, showing some users more ads than they would typically see. People did not like the change. Users seeing more ads than normal reported the quality of the advertisements in their feed was well below average, even scammy, […]

Ironclad Encryption Corporation (OTC:IRNC) Technical Outlook

Ironclad Encryption Corporation (OTC:IRNC) Technical Outlook

Ironclad Encryption Corporation (OTC:IRNC) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.04. The projected upper bound is: 0.03. The projected lower bound is: -0.01. The projected closing price is: 0.01. Candlesticks A black […]

NaturalShrimp Incorporated (OTC:SHMP) Technical Outlook

NaturalShrimp Incorporated (OTC:SHMP) Technical Outlook

NaturalShrimp Incorporated (OTC:SHMP) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.17. The projected upper bound is: 0.16. The projected lower bound is: 0.07. The projected closing price is: 0.11. Candlesticks A black body […]

Bitcoin: USD/BTC (BTC=X) struggling against determined sellers

Bitcoin: USD/BTC (BTC=X) struggling against determined sellers

Bitcoin: USD/BTC (BTC=X) struggling against determined sellers At a time when Facebook, Samsung, and leading Wall Street tech leaders are foraying into blockchain and crypto, Apple is joining the crypto bandwagon. In a measured announcement during the Worldwide Developers Conference in Cupertino, Apple shall unveil a CryptoKit accompanying the release of their latest operating system, […]

United States Oil (USO) imports increased while exports decreased during the week ending May 31

United States Oil (USO) imports increased while exports decreased during the week ending May 31

United States Oil (USO) imports increased while exports decreased during the week ending May 31 U.S. crude oil imports increased while exports decreased during the week ending May 31, the U.S. Energy Information Administration (EIA) said Wednesday. U.S. crude oil imports averaged 7.9 million barrels per day (b/d) last week, up by 1.065 million b/d […]

Facebook, Inc. (NASDAQ:FB) target of US antitrust regulators

Facebook, Inc. (NASDAQ:FB) target of US antitrust regulators

Facebook, Inc. (NASDAQ:FB) target of US antitrust regulators Bigger is better, right? Well, not always. For Facebook (FB), Amazon (AMZN) and Google (GOOG), being large and dominant is actually providing for major headache. The three tech giants are targets of US antitrust regulators, as it is being reported that the FCC and DOJ are looking […]

Tianci International, Inc. (OTC:CIIT) Technical Outlook

Tianci International, Inc. (OTC:CIIT) Technical Outlook

Tianci International, Inc. (OTC:CIIT) Technical Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 3.84. The projected lower bound is: 2.32. The projected closing price is: 3.08. Candlesticks A white body occurred (because prices closed higher than they opened). During the […]

Evercore ISI initiating Apple Inc. (NASDAQ:AAPL) as ‘outperform’

Evercore ISI initiating Apple Inc. (NASDAQ:AAPL) as ‘outperform’

Evercore ISI initiating Apple Inc. (NASDAQ:AAPL) as ‘outperform’ Evercore said that despite the various issues swirling around the company, it expects the stock to “grind higher.” “We are initiating on AAPL w/ an Outperform rating as we see several catalysts that should enable the stock to grind higher from current levels. While we understand iPhone units (and […]

Tautachrome, Inc. (OTC:TTCM) Technical Outlook

Tautachrome, Inc. (OTC:TTCM) Technical Outlook

Tautachrome, Inc. (OTC:TTCM) Technical Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.01. The projected lower bound is: 0.00. The projected closing price is: 0.01. Candlesticks A black body occurred (because prices closed lower than they opened). During the past […]

Alphabet Inc. (NASDAQ:GOOG) made its first big cloud computing acquisition

Alphabet Inc. (NASDAQ:GOOG) made its first big cloud computing acquisition

Alphabet Inc. (NASDAQ:GOOG) made its first big cloud computing acquisition Alphabet‘s (GOOGL) Google made its first big cloud computing acquisition under new boss Thomas Kurian by purchasing data analytics firm Looker for $2.6 billion in cash, the company said Thursday. Google stock edged down on the news. The internet search and advertising giant and Santa […]

Tesla, Inc. (NASDAQ:TSLA) company is pushing hard to reach high delivery goals

Tesla, Inc. (NASDAQ:TSLA) company is pushing hard to reach high delivery goals

Tesla, Inc. (NASDAQ:TSLA) company is pushing hard to reach high delivery goals Tesla finished its second best day of the week on the stock market Thursday after a report that it is reaching record sales numbers. The stock closed up 4.8%, adding more than $1.6 billion to its market cap, which now sits at $36.4 […]

Federal National Mortgage Association (OTC:FNMA) Technical Outlook

Federal National Mortgage Association (OTC:FNMA) Technical Outlook

Federal National Mortgage Association (OTC:FNMA) Technical 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 2.64. The projected upper bound is: 3.45. The projected lower bound is: 2.89. The projected closing price is: 3.17. Candlesticks A […]

Strained U.S.-China relations expose how truly vulnerable Alibaba Group Holding Limited (NYSE:BABA) stock is

Strained U.S.-China relations expose how truly vulnerable Alibaba Group Holding Limited (NYSE:BABA) stock is

Strained U.S.-China relations expose how truly vulnerable Alibaba Group Holding Limited (NYSE:BABA) stock is It’s amazing the difference a month’s time can make. In early May, headlines shouted that insiders believed a trade deal between the U.S. and China was imminent. Today, leaders from the two nations have ratcheted up their angry rhetoric. This of […]

YBCC, Inc. (OTC:YBAO) Technical Outlook

YBCC, Inc. (OTC:YBAO) Technical Outlook

YBCC, Inc. (OTC:YBAO) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.39. The projected lower bound is: 0.01. The projected closing price is: 0.20. Candlesticks WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert […]

LifeApps Brands Inc. (OTC:LFAP) Technical Outlook

LifeApps Brands Inc. (OTC:LFAP) Technical Outlook

LifeApps Brands Inc. (OTC:LFAP) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.10. The projected upper bound is: 0.13. The projected lower bound is: 0.06. The projected closing price is: 0.10. Candlesticks A black […]

NASDAQ Composite (.IXIC) expectations of a supportive central bank kept in check worries of a flare up in trade tensions after President Donald Trump’s fresh China tariffs threat

NASDAQ Composite (.IXIC) expectations of a supportive central bank kept in check worries of a flare up in trade tensions after President Donald Trump’s fresh China tariffs threat

NASDAQ Composite (.IXIC) expectations of a supportive central bank kept in check worries of a flare up in trade tensions after President Donald Trump’s fresh China tariffs threat Wall Street’s main indexes edged higher in choppy trading on Thursday, as expectations of a supportive central bank kept in check worries of a flare up in […]

Dow Jones Industrial Average (.DJI) investors speculated that the U.S. and Mexico are getting closer to a resolution over immigration issues

Dow Jones Industrial Average (.DJI) investors speculated that the U.S. and Mexico are getting closer to a resolution over immigration issues

Dow Jones Industrial Average (.DJI) investors speculated that the U.S. and Mexico are getting closer to a resolution over immigration issues Stocks rose on Thursday as investors speculated that the U.S. and Mexico are getting closer to a resolution over immigration issues that would delay the tariffs threatened by President Donald Trump. The Dow Jones […]

Vystar Corporation (OTC:VYST) Technical Outlook

Vystar Corporation (OTC:VYST) Technical Outlook

Vystar Corporation (OTC:VYST) Technical Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.05. The projected lower bound is: 0.03. The projected closing price is: 0.04. Candlesticks A big white candle occurred. This is generally considered bullish, as prices closed significantly […]

Louis T Collection Debuts Quay Perth Hotel in Western Australian Capital New boutique hotel to open on June 10th on Perth’s Elizabeth Quay

Louis T Collection Debuts Quay Perth Hotel in Western Australian Capital New boutique hotel to open on June 10th on Perth’s Elizabeth Quay

PERTH, Australia (June 6, 2019) – Singapore-based hotel management and building solutions company Louis T Collection is set to officially open the doors of the Quay Perth hotel on Monday June 10, 2019. Quay Perth is a new 80-room boutique hotel on the site of the former New Esplanade hotel and the newest addition to […]

Celebrity Chef Luke Nguyen Leads New Culinary Experience in Saigon

Celebrity Chef Luke Nguyen Leads New Culinary Experience in Saigon

An exclusive foodie tour of one of the world’s most vibrant dining destinations HO CHI MINH CITY, Vietnam (June 6, 2019) — While many hotels dispatch executive chefs to market with food-obsessed guests, The Reverie Saigon is endeavouring to deepen its guests’ appreciation of the city and its culinary heritage with a fresh approach involving […]

Australia: S&P/ASX 200 (.AXJO) modest gains across the board pushing the market higher

Australia: S&P/ASX 200 (.AXJO) modest gains across the board pushing the market higher

Australia: S&P/ASX 200 (.AXJO) modest gains across the board pushing the market higher Australian shares advanced on Thursday, with modest gains across the board pushing the market higher for a third straight session. The S&P/ASX 200 Index added 24.5 points, or 0.4 per cent, to end the session at 6383, while the broader All Ordinaries […]

Euro: USD/EUR (EUR=X) ECB Holds Interest Rate

Euro: USD/EUR (EUR=X) ECB Holds Interest Rate

Euro: USD/EUR (EUR=X) ECB Holds Interest Rate The Euro US Dollar (EUR/USD) exchange rate rose today and is currently trading around $1.1267 on the interbank market. The Euro (EUR) edged higher against the US Dollar (USD) following the publication of the Eurozone’s GDP figures for the first quarter, which held steady at 0.4%, confirming its […]

People celebrate upcoming Dragon Boat Festival across China

People celebrate upcoming Dragon Boat Festival across China

Dragon Boat Festival, also known as Duanwu Festival, is a traditional and important celebration in China. Dragon Boat Festival 2019 falls on June 7 (Friday). China will have 3 days of holiday from Friday (June 7) to Sunday (June 9), and we will be back at work on Monday , June 10. Simple Facts to Understand […]

Australian Dollar: USD/AUD (AUD=X) releases AIG Construction Index and Home Loans

Australian Dollar: USD/AUD (AUD=X) releases AIG Construction Index and Home Loans

Australian Dollar: USD/AUD (AUD=X) releases AIG Construction Index and Home Loans AUD/USD has posted slight gains in the Thursday session, erasing most of the losses seen on Wednesday. In North American trade, AUD/USD is trading at 0.6985, up 0.23% on the day. In Australia, the trade surplus narrowed to A$4.87 billion in April, down from […]

FTSE Bursa Malaysia KLCI (.KLSE) opens lower on global trade concerns

FTSE Bursa Malaysia KLCI (.KLSE) opens lower on global trade concerns

FTSE Bursa Malaysia KLCI (.KLSE) opens lower on global trade concerns Bursa Malaysia was easier in early trade, reversing yesterday’s gains due to weak sentiment brought on by concerns over global trade growth and as tensions between economic powerhouses, the United States and China continues to escalate. At 9.40am, the key FBM KLCI eased 3.08 […]

Hong Kong: HANG SENG INDEX (.HSI) investors hoping for a compromise in tariff talks between the United States and Mexico

Hong Kong: HANG SENG INDEX (.HSI) investors hoping for a compromise in tariff talks between the United States and Mexico

Hong Kong: HANG SENG INDEX (.HSI) investors hoping for a compromise in tariff talks between the United States and Mexico Hong Kong shares finished higher on Thursday after a cautiously positive session, with investors hoping for a compromise in tariff talks between the United States and Mexico. The Hang Seng Index rose 0.26 per cent, […]

Silver 1 OZ 999 NY (XAG=X) firmly higher lifted in part by the U.S. dollar index

Silver 1 OZ 999 NY (XAG=X) firmly higher lifted in part by the U.S. dollar index

Silver 1 OZ 999 NY (XAG=X) firmly higher lifted in part by the U.S. dollar index Gold and silver prices are firmly higher in early U.S. trading Thursday, lifted in part by the U.S. dollar index that is selling off again today. Chart-based buying is also featured in both metals as their technical postures have […]

British Pound: USD/GBP (GBP=X) uncertainty about Brexit and Trump’s trade wars weigh

British Pound: USD/GBP (GBP=X) uncertainty about Brexit and Trump’s trade wars weigh

British Pound: USD/GBP (GBP=X) uncertainty about Brexit and Trump’s trade wars weigh Pound bulls have probably breathed a sigh of relief after Mark Carney, Governor of the Bank of England, refrained from causing carnage – skipping recent developments in his speech. However, that is as far as relief goes. One day before PM Theresa May […]

Singapore: STI Index (.STI) lacklustre trade as persistent concerns about global economic activity

Singapore: STI Index (.STI) lacklustre trade as persistent concerns about global economic activity

Singapore: STI Index (.STI) lacklustre trade as persistent concerns about global economic activity Most Southeast Asian markets were flat on Thursday in lacklustre trade as persistent concerns about global economic activity and escalating trade wars weigh on investor sentiment. Investors were cautious after the International Monetary Fund on Wednesday warned that the Sino-U.S. tariffs could […]

Shanghai: SSE Composite Index (.SSEC) worries persist over the country’s economic momentum

Shanghai: SSE Composite Index (.SSEC) worries persist over the country’s economic momentum

Shanghai: SSE Composite Index (.SSEC) worries persist over the country’s economic momentum China’s major stock indexes fell on Thursday to close at near four-month lows, as worries persisted over the country’s economic momentum amid a bruising trade war with the United States which shows no signs of easing. The blue-chip CSI300 index fell 0.9% to 3,564.68, […]

Top 10 Hotels in China

Top 10 Hotels in China

Top 10 Hotels in China Maintaining its ancient traditions while racing into the future at the speed of light, China is an astonishing destination for many travelers. Its blend of old and new makes it one of the most fascinating countries on the planet. Whether you’re interested in cultural highlights, the great outdoors or urban nightlife, […]

Gold 1 OZ (XAU=X) Target $3000

Gold 1 OZ (XAU=X) Target $3000

Gold 1 OZ (XAU=X) Target $3000 Gold hitting $3,000 isn’t just a belief, it’s a “monetary science”, and will happen sooner or later said Dan Oliver, founder of Myrmikan Capital. Oliver said that the Federal Reserve has printed enough money to cause over-capacity in our economy and create a bubble that’s ready to burst. “When […]

Bitcoin: USD/BTC (BTC=X) Price Drops Just as Gold Bull Breakout Begins

Bitcoin: USD/BTC (BTC=X) Price Drops Just as Gold Bull Breakout Begins

Bitcoin: USD/BTC (BTC=X) Price Drops Just as Gold Bull Breakout Begins Bitcoin price in recent days has started a long-overdue correction following a powerful multi-month, parabolic rally that took the price of the crypto asset from a trading range between $3,000 and $4,000, to local highs of over $9,000. But as the cryptocurrency dubbed as digital gold’s bullish […]

Apple Inc. (NASDAQ:AAPL) Outpaces Stock Market Gains

Apple Inc. (NASDAQ:AAPL) Outpaces Stock Market Gains

Apple Inc. (NASDAQ:AAPL) Outpaces Stock Market Gains Apple (AAPL) closed at $182.54 in the latest trading session, marking a +1.61% move from the prior day. The stock outpaced the S&P 500’s daily gain of 0.82%. At the same time, the Dow added 0.82%, and the tech-heavy Nasdaq gained 0.64%. Prior to today’s trading, shares of […]

Alphabet Inc. (NASDAQ:GOOG) will have an AWS moment like Amazon did

Alphabet Inc. (NASDAQ:GOOG) will have an AWS moment like Amazon did

Alphabet Inc. (NASDAQ:GOOG) will have an AWS moment like Amazon did While June has not been kind to Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) stock so far, time will attest that it’s a gem in disguise. Every now and then, we get a stock that is a sure thing, and Google stock fits the bill. This is a company that […]

Amazon.com, Inc. (NASDAQ:AMZN) may soon come under the scrutiny of federal regulators

Amazon.com, Inc. (NASDAQ:AMZN) may soon come under the scrutiny of federal regulators

Amazon.com, Inc. (NASDAQ:AMZN) may soon come under the scrutiny of federal regulators An Amazon executive said Wednesday that the online shopping giant isn’t too big and shouldn’t be broken up, but added that large companies deserve to be examined. Amazon and other big tech companies are facing scrutiny from government agencies that are looking into […]

Facebook, Inc. (NASDAQ:FB) promising technical opportunity arising

Facebook, Inc. (NASDAQ:FB) promising technical opportunity arising

Facebook, Inc. (NASDAQ:FB) promising technical opportunity arising Shares of Facebook  (NASDAQ: FB ) have nosedived in recent weeks, but with the most recent price action in FB stock, there is a promising technical opportunity arising. Specifically, the price section around the $160 mark could indeed lead to a tradeable bounce for active investors and traders. In order to fully […]

NASDAQ Composite (.IXIC) rising hopes of Fed rate cut

NASDAQ Composite (.IXIC) rising hopes of Fed rate cut

NASDAQ Composite (.IXIC) rising hopes of Fed rate cut Stocks closed solidly higher Wednesday, after volatile morning trade that saw benchmarks flipping between gains and losses, as investors digested a round of conflicting economic data that showed strength in the U.S. services sector but signaled a potential weakening of the labor market. Erratic morning trade […]

Tesla, Inc. (NASDAQ:TSLA) sold nearly 3 times as many cars as rivals

Tesla, Inc. (NASDAQ:TSLA) sold nearly 3 times as many cars as rivals

Tesla, Inc. (NASDAQ:TSLA) sold nearly 3 times as many cars as rivals Tesla Inc. likely sold nearly three times as many electric vehicles in May than its main competitors combined did. That’s from analysts at Morgan Stanley, led by Adam Jonas, who used industry estimates as Tesla TSLA, +1.54% does not report monthly sales. The […]

Dow Jones Industrial Average (.DJI) investors grew even more confident that the Federal Reserve will lower interest rates

Dow Jones Industrial Average (.DJI) investors grew even more confident that the Federal Reserve will lower interest rates

Dow Jones Industrial Average (.DJI) investors grew even more confident that the Federal Reserve will lower interest rates Stocks added to strong week-to-date performance on Wednesday as investors grew even more confident that the Federal Reserve will lower interest rates this year to reignite an economy wounded by trade battles. The Dow Jones Industrial Average […]

United States Oil (USO) prices entering a bear market

United States Oil (USO) prices entering a bear market

United States Oil (USO) prices entering a bear market Oil futures dropped Wednesday, with U.S. prices entering a bear market, as domestic data revealed a weekly crude supply climb of almost 7 million barrels—the largest in five weeks—to their highest level in nearly two years. “Crude inventories are now at their highest since July 2017, […]

Alibaba Group Holding Limited (NYSE:BABA) cloud computing arm is leaving no stone unturned to bolster presence

Alibaba Group Holding Limited (NYSE:BABA) cloud computing arm is leaving no stone unturned to bolster presence

Alibaba Group Holding Limited (NYSE:BABA) cloud computing arm is leaving no stone unturned to bolster presence Alibaba’s BABA cloud computing arm is leaving no stone unturned to bolster presence in the cloud market on the back of robust product portfolio. Recently, the company rolled out a set of more than 10 products based on emerging […]

Chinese drugmakers lead losses on Hong Kong: HANG SENG INDEX (.HSI) amid policy worries

Chinese drugmakers lead losses on Hong Kong: HANG SENG INDEX (.HSI) amid policy worries

Chinese drugmakers lead losses on Hong Kong: HANG SENG INDEX (.HSI) amid policy worries Hong Kong shares rose for the first time in six days on Wednesday after the U.S. Federal Reserve indicated the possibility of monetary easing to help weather economic headwinds. The Hang Seng Index climbed 0.5% to 26,895.44 after falling 2.3% over […]

Shanghai: SSE Composite Index (.SSEC) Beijing’s plans to conduct accounting checks pulled healthcare firms lower

Shanghai: SSE Composite Index (.SSEC) Beijing’s plans to conduct accounting checks pulled healthcare firms lower

Shanghai: SSE Composite Index (.SSEC) Beijing’s plans to conduct accounting checks pulled healthcare firms lower China’s main stock market indexes ended flat on Wednesday as Beijing’s plans to conduct accounting checks pulled healthcare firms lower, offsetting a regional rebound sparked by the U.S. central bank’s comments that raised hopes of an interest rate cut. At […]

Japanese Yen: USD/JPY (JPY=X) significant support and extreme lows

Japanese Yen: USD/JPY (JPY=X) significant support and extreme lows

Japanese Yen: USD/JPY (JPY=X) significant support and extreme lows The US dollar has gone back and forth against the Japanese yen during the trading session on Tuesday, as we have seen a lot of volatility in this market. After all, we are at pretty significant support and extreme lows, so I think we may be trying […]

Australia: S&P/ASX 200 (.AXJO) a little bit of improvement

Australia: S&P/ASX 200 (.AXJO) a little bit of improvement

Australia: S&P/ASX 200 (.AXJO) a little bit of improvement The Australian share market rallied early in the day following strong gains on Wall Street, but then faded throughout the day. The benchmark S&P/ASX200 index still managed to close higher, up 26.1 points, or 0.41 per cent, to 6,358.5 points at 1615 AEST on Wednesday, while […]

The Top 10 Hotels in Kuala Lumpur

The Top 10 Hotels in Kuala Lumpur

The Top 10 Hotels in Kuala Lumpur The best luxury hotels in Kuala Lumpur are ideal accommodation options for the most sophisticated of guests, boasting gleaming interiors, exquisite guestrooms, personalised service and an extensive range of quality amenities such as swimming pools, fully-equipped fitness centres, and award-winning restaurants. A multicultural city with a unique history, […]

UK FTSE 100 (.FTSE) rallies into key resistance to negate downtrend

UK FTSE 100 (.FTSE) rallies into key resistance to negate downtrend

UK FTSE 100 (.FTSE) rallies into key resistance to negate downtrend The FTSE 100 has managed to rally into the key 7237 resistance level this week, breaking out from the trend of lower highs that have been in place throughout the past fortnight. That move points towards a heightened possibility that we could have further upside to […]

Gold 1 OZ (XAU=X) prices unable to sustain advance despite lower US Dollar

Gold 1 OZ (XAU=X) prices unable to sustain advance despite lower US Dollar

Gold 1 OZ (XAU=X) prices unable to sustain advance despite lower US Dollar Gold prices marked time as would-be support from another down day for the US Dollar was offset as bond yields edged narrowly higher in risk-on trade. Stocks surged as traders latched on to comments from Fed Chair Jerome Powell believed to be setting the stage […]

British Pound: USD/GBP (GBP=X) rising on a mix of USD weakness and upbeat UK data

British Pound: USD/GBP (GBP=X) rising on a mix of USD weakness and upbeat UK data

British Pound: USD/GBP (GBP=X) rising on a mix of USD weakness and upbeat UK data GBP/USD has probably stopped worrying about Brexit and found reasons to rise. The latest upwards driver has come from UK data. The Markit/CIPS services purchasing managers’ index (PMI) for May has risen to 51 points – not only beating expectations but […]

Australian Dollar: USD/AUD (AUD=X) psychologically significant price

Australian Dollar: USD/AUD (AUD=X) psychologically significant price

Australian Dollar: USD/AUD (AUD=X) psychologically significant price The Australian dollar went back and forth during the trading session on Wednesday, as the 0.70 level is crucial on longer-term charts. Ultimately, it’s likely that we will see a bit of pullback pressure in this area, because we have had a move towards the 50 day EMA, which […]

Silver 1 OZ 999 NY (XAG=X) keep an eye on gold as it tries to work into resistance

Silver 1 OZ 999 NY (XAG=X) keep an eye on gold as it tries to work into resistance

Silver 1 OZ 999 NY (XAG=X) keep an eye on gold as it tries to work into resistance Nothing new here, silver is lagging behind gold. It does have potential to squeeze a bit, though. The other day if finally broke a steadfast trend-line running off the February peak and is currently challenging the 200-day […]

Euro: USD/EUR (EUR=X) Focus on Fed Rate Cut Bets Rise

Euro: USD/EUR (EUR=X) Focus on Fed Rate Cut Bets Rise

Euro: USD/EUR (EUR=X) Focus on Fed Rate Cut Bets Rise The Euro to US Dollar exchange rate (EUR/USD) extended the weekly gains through Wednesday’s session, breaking the upper bound of Fibre’s May range to trade at a six week best as investors continued to ramp up Fed interest rate cut bets. The recent softening of […]

NASDAQ Composite (.IXIC) tech-heavy index’s biggest one-day gain in five months

NASDAQ Composite (.IXIC) tech-heavy index’s biggest one-day gain in five months

NASDAQ Composite (.IXIC) tech-heavy index’s biggest one-day gain in five months The Nasdaq Composite COMP, +2.65% surged 2.4% in afternoon trade, with the tech-heavy index’s biggest one-day gain in five months producing panic-like buying activity. The Nasdaq exchange’s Arms Index is a volume-weighted breadth measure that tends to fall below 1.000 when the stock market […]

Facebook, Inc. (NASDAQ:FB) investors voted overwhelmingly in support of proposals to fire Mark Zuckerberg as chairman and scrap the firm’s share structure

Facebook, Inc. (NASDAQ:FB) investors voted overwhelmingly in support of proposals to fire Mark Zuckerberg as chairman and scrap the firm’s share structure

Facebook, Inc. (NASDAQ:FB) investors voted overwhelmingly in support of proposals to fire Mark Zuckerberg as chairman and scrap the firm’s share structure The Facebook shareholder revolt just got bloody. In a filing on Monday, Facebook revealed how investors voted on a raft of proposals at its annual shareholder meeting last week–and the results underline the […]

Dow Jones Industrial Average (.DJI) stocks rallied overnight in response to the Fed chairman’s comments

Dow Jones Industrial Average (.DJI) stocks rallied overnight in response to the Fed chairman’s comments

Dow Jones Industrial Average (.DJI) stocks rallied overnight in response to the Fed chairman’s comments The Fed was “closely monitoring the implications” of a global trade dispute that has disrupted bond and equity markets and posed risks to global economic growth, Mr Powell said. “As always, we will act as appropriate to sustain the expansion, […]

Alphabet Inc. (NASDAQ:GOOG) stock down amid concerns that the Justice Department may launch an investigation into potential antitrust violations

Alphabet Inc. (NASDAQ:GOOG) stock down amid concerns that the Justice Department may launch an investigation into potential antitrust violations

Alphabet Inc. (NASDAQ:GOOG) stock down amid concerns that the Justice Department may launch an investigation into potential antitrust violations Shares of Google parent Alphabet Inc. tumbled Monday, enough to push them briefly into bear market territory, before bouncing back out just before the close. The stock was down as much as 7.2% at an intraday […]

Bitcoin: USD/BTC (BTC=X) signs of overbought conditions and waning bullish momentum

Bitcoin: USD/BTC (BTC=X) signs of overbought conditions and waning bullish momentum

Bitcoin: USD/BTC (BTC=X) signs of overbought conditions and waning bullish momentum Bitcoin (BTC) is a decentralized digital currency created by Satoshi Nakamoto and released in 2009. The spot price has increased 177% from the low set in December 2018, but remains down 56% from the current all time high set in December 2017. The BTC […]

United States Oil (USO) gains after approaching bear-market territory

United States Oil (USO) gains after approaching bear-market territory

United States Oil (USO) gains after approaching bear-market territory Oil futures recovered from early losses Wednesday to end higher in the wake of a four-session losing streak that had threatened to push U.S. prices into bear-market territory. “Oil got hammered the past couple trading days and traders saw an opportunity for cheap prices, combined with […]

Investors will be hoping for strength from Twitter, Inc. (NYSE:TWTR) as it approaches its next earnings release

Investors will be hoping for strength from Twitter, Inc. (NYSE:TWTR) as it approaches its next earnings release

Investors will be hoping for strength from Twitter, Inc. (NYSE:TWTR) as it approaches its next earnings release Twitter (TWTR) closed the most recent trading day at $36.11, moving -0.92% from the previous trading session. This change lagged the S&P 500’s daily gain of 2.14%. Elsewhere, the Dow gained 2.06%, while the tech-heavy Nasdaq added 2.65%. […]

Apple Inc. (NASDAQ:AAPL) on stage at WWDC 2019

Apple Inc. (NASDAQ:AAPL) on stage at WWDC 2019

Apple Inc. (NASDAQ:AAPL) on stage at WWDC 2019 On stage at WWDC 2019 on Monday afternoon, Apple’s vice president of hardware engineering, John Ternus, had just re-appeared in front of the audience. For the past 20 minutes, various Apple executives had taken the stage to show off the new features of the Mac Pro, Apple’s […]

The recent weakness of Alibaba Group Holding Limited (NYSE:BABA) stock is a buying opportunity

The recent weakness of Alibaba Group Holding Limited (NYSE:BABA) stock is a buying opportunity

The recent weakness of Alibaba Group Holding Limited (NYSE:BABA) stock is a buying opportunity The last three months have understandably been tough for Alibaba (NYSE: BABA) stock. America’s trade war with China has spooked investors. Alibaba is one of the largest and most visible Chinese companies, so the decline of Alibaba stock is entirely logical. […]

Al Bait Sharjah Trumpets its Debut with First Collection of Images

Al Bait Sharjah Trumpets its Debut with First Collection of Images

Six months after opening its doors in the heart of this city’s historic district, the Al Bait Sharjah is emerging as one of the region’s most ambitious new properties, renowned for the five historic homes at its foundation and for its overwhelming dedication of human resources. Eight years in the making, the 53-room resort by […]

British Pound: USD/GBP (GBP=X) British Construction PMI disappointed, with a score of 48.6

British Pound: USD/GBP (GBP=X) British Construction PMI disappointed, with a score of 48.6

British Pound: USD/GBP (GBP=X) British Construction PMI disappointed, with a score of 48.6 GBP/USD has posted slight gains in the Tuesday session. Currently, GBP/USD is trading at 1.2689, up 0.20% on the day. On the fundamentals front, British Construction PMI disappointed, with a score of 48.6, indicating contraction. This missed the estimate of 50.6 points. […]

Singapore: STI Index (.STI) manufacturers anxious escalation of China-US trade tension

Singapore: STI Index (.STI) manufacturers anxious escalation of China-US trade tension

Singapore: STI Index (.STI) manufacturers anxious escalation of China-US trade tension The US-China trade hostility, which is destroying growth chances in China and, by extension, Chinese demand for manufactured goods made in Singapore have made Singaporean producers jittery. Adding to this unease is the impending global collapse in technology demand which have made manufacturers in […]