Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: The world’s major stock indices have Bullish look, but need to prove their strength near term, or the Bears could come in to feed. PE DJIA at 24834, -179, -0.72% was not able to hold above 25000 giving back Monday’s gainer. Now, DIA has to break above 25100 it it […]
Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Gold at 1292.20 bounced from 1280, and while 1275/80 holds, the price could to 1310 before coming off to 1280 or lower. For now the trend is South. Silver at 16.56 is ranged. It has risen form 16.50 and could hit 17. Overall, […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing new. PE The US Dollar (.DXY) Index at 93.65 tested support at 93.29 Tuesday and now seems to be rising from there back towards 94. A deeper correction towards the 5 Wk MA 93.0-93.5 is on the cards, which might happen after a retest of 94. If so, the Northside target at 95 […]
Ferrari’s (NYSE:RACE) Earnings, Profits Running Ahead of ‘Expert’ Estimates $RACE When Ferrari (NYSE:RACE) came to market in October 2016 sector analysts and investors worried the shares were too expensive because they were valued as if it was a luxury goods company, not a car maker. To the naysayers’ dismay Ferrari’s performance on the stock market […]
Consider this…should we believe “this time is different?” $DIA, $GLD, $SLV, $USO Here’s a BEV chart for the Dow Jones going back to January 1982. The BEV plot fell to its -25% line (Dow Jones 777) in August 1982. This was a historic bottom; after it nothing would ever be the same again for the […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Tuesday’s futures are in the Green. PE DJIA at 25013.29, +1.21% tested at 25086 intra-day. The break above 25000, if it holds, has turned DIA Bullish medium term for a move to 25600 and higher. DAX at 13077.72, -0.28% was closed Monday, but overall DAX looks Bullish to 13300-13400. the […]
Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL ICE Brent Crude at 79.36 and Nymex WTI Crude at 72.51 are stable. WTI Crude’s 1st resistance is at 73 which could push the price down to 71 near term. ICE Brent Crude looks to have some room on the Northside at 81-82. But if […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing new. PE The US Dollar (.DXY) Index at 93.57 made a new high of 94.06 Monday dipped, and is currently trading at 93.4-93.5. There are still good chances of .DXY testing at 95 in this week or next. EUR (Euro) at 1.1782 could either dip from here, or could extend North […]
Najib Claims US$681m was a “Donation” from Saudi Royal Najib has consistently denied any wrongdoing related to 1MDB since the scandal erupted in 2015, but he replaced an attorney-general and several MACC officers to shut down an investigation. Datuk Seri Najib Tun Razak is at the Malaysian Anti-Corruption Commission (MACC) headquarters to have his statement […]
World War 3: USA Backs Iran in to a Corner The USA has set in motion a series of sanctions that will give Iran 2 choices, surrender or fight. One of the demands seems ludicrous, the removal of troops that are in Syria fighting ISIS, how that one made the list is anyone’s guess but […]
Travel Warning: Gold Coast No Longer Safe for Women Sexual Assaults in Australia are on the rise and the Gold Coast is reporting a horrifying trend, the Judiciary are weak in Australia and many immigrant/refugee sex offenders are not even sentenced. The answer from the police is women must change their behavior? Seems so, women […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ Looking at the major US stock market indexes in light of no US-China trade war. The Major Market Futures as of this writing S&P 500 SPC1 Jun 18 $2,728.80 +15.80 +0.58% NAS 100 Future NQC1 Jun 18 $6,923.75 +49.75 +0.72% Last Friday, the major US stock market indices were […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Monday’s futures are saying the market likes the US-China trade dealings. PE DJIA at 24715.09, +0.0045% has been ranged within 24700 recently. Resistance at 25200 has been holding well in here. There might be test to 24400 medium to long term while 25200 holds, on the other hand a […]
Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL ICE Brent Crude at 79.05 and Nymex WTI Crude at 71.89 could see some near term falls to 77 and 70.50 respectively before attempting another rise. Gold at 1288.70 is stable near current marks. A fall to support at 1275 is not expected, so the […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing new. PE The US Dollar (.DXY) at 93.79 saw a high near 93.8 Friday and is continuing to trade there. A dip might be restricted support at 93.4-93.5. There is a good chance of a .DXY test at 95 in this week or next week. EUR (Euro) at 1.1753 […]
German migration authorities have widened their probe into asylum application fraud and are now investigating 10 additional field offices on suspicion of granting refugees permissions to stay in the country without proper grounds. On Friday, the German Federal Office for Migration and Asylum (BAMF) announced that it would review some 18,000 refugee cases in the […]
What is America Doing in Iraq? After spending billions of dollars to “liberate Iraq” the Americans are still there but in control of nothing, what was the point of the invasion?, why are they still there? Clearly it is time America wins this war, or accepts defeat and leaves. Politically America has encourage extremism within […]
Tesla’s (NASDAQ:TSLA) Elon Musk Under Fire, Investors Revolt $TSLA Last Friday, proxy adviser Institutional Shareholder Services (ISS) recommended that investors vote against Tesla (NASDAQ:TSLA) directors Antonio Gracias and James Murdoch, increasing pressure on the EV maker over their roles on its board. ISS also backed 2 shareholder proposals to be voted on at the company’s […]
For its updated news application, Google is doubling down on the use of artificial intelligence as part of an effort to weed our disinformation and help users get viewpoints beyond their own “filter bubble.” Google chief Sundar Pichai, who unveiled the updated Google News earlier this month, said the app now “surfaces the news you […]
Chinese President Xi Jinping’s special envoy and Vice Premier Liu He said here Saturday that China and the United States have reached consensuses on economic and trade issues, pledging not to engage in a trade war. Liu arrived in Washington on Tuesday afternoon for economic and trade consultations with the U.S. side at the invitation […]
Capital investment in 24 of the EU’s 28 member states has fallen dramatically over the past ten years, according to data from statistical agency Eurostat. Investment decreased on average by 2.3 percent, falling to 20.1 percent of GDP last year. It stood at 22.4 percent from 2007 to 2017 period. Countries in Europe’s east and […]
More Missiles Fired on Saudi Arabia Saudi Arabia has managed to intercept a ballistic missile launched from Yemen at a “civilian area,” according to the Arab coalition. However, Houthi rebels claim that a Saudi military base was successfully targeted in the strike. Two ballistic missiles were fired from Yemen into Saudi Arabia on Saturday evening, […]
Dubai Getting Ahead of “the Cryptocurrency Game” $BTC, $ETH, $CME, $CBOT The Big Qs are: How seriously should we take the rise of cryptocurrency? Is it a serious rival to traditional currency? Should businesses consider using cryptocurrency? What do they need to do to implement it? Is enough being done to educate individuals and businesses […]
Investors Rotated $9-B into US Small Cap Stocks $RUTX, $SPY Last week investor plowed $9-B into US small cap stocks it was a good week. Russell 2000 +5.9% YTD S&P 500 +1.5% YTD Small-cap stocks are showing well in here, even as the benchmark 10-yr T-Note yield rose to a 7-year high. US Treasuries Yield Check […]
The Trump Effect: US Companies Seen Investing More $DIA, $SPY, $QQQ, $RUTX, $AAPL US companies are seen investing more of the money saved from sweeping Trump tax cuts into businesses later this year, perhaps even surpassing a jump in Q-1 capital expenditure that was the highest in nearly 7 years. Higher spending on technology, equipment […]
Ferrari’s (NYSE:RACE) Stock Like its Supercars is ‘Super Sexy’ $RACE Ferrari is a performance machine, and I am not just talking about its Supercars, a look at the financials shows strong performance too. Traditionally, the world’s automakers do not show investors and growth, and because of that get a huge valuation discount and have low margins. […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing new. PE DJIA at 24713.98, -0.22% is stable in here, and trading below the daily resistance. While that holds, a fall to 24380 is possible. Near term looks Bearish to me. DAX at 13114.61, +0.91% moved up nicely, and while above 12900 expect DAX to move to 13200-13300 […]
Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Brent Crude at 79.58 is trading higher, the Crude Oil Bulls look strong in here and could test 81then dip to 79. WTI Crude Oil at 71.74 sees resistance 73 and push the price down to 70. But if it break North then 74-75 […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing new. PE The US Dollar (.DXY) at 93.45 marked a low at 93.12 Thursday but did not test support at 93.25-93.00, that test could happen next week, then after .DXY should move to 94-95 where is will likely be capped. EUR (Euro) at 1.1804 marked a high at 1.1837 […]
The European Union will activate legislation banning the bloc’s companies from complying with US sanctions against Iran as soon as Friday, according to European Commission President Jean-Claude Juncker. The law also does not recognize any court rulings enforcing penalties, which could be potentially introduced by the White House against European corporations doing business in the […]
Suhail Al Mazrouei, Minister of Energy and Industry has played down the impact of the recent US decision to withdraw from Iran nuclear deal on OPEC, saying the organisation has been through a lot in the past, reflecting its resilience during geopolitical issues that arise on regional and international levels. “I don’t think this time […]
Births in the United States have plunged to record lows not seen in decades, marking a profound cultural shift that could have ramifications for the future economy, experts said Thursday. The overall fertility rate, which essentially shows how many babies women are having in their childbearing years, and indicates whether the population is replenishing itself, […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing new. PE Note: DJIA rebounded Wednesday, reclaiming about 50% Tuesday losses. DJIA at 24768.93, 0.25% marked a low 24629 Wednesday after fading from the 1st resistance, and could continue to 24250 or move up to test at 25,000 in the next few sessions. DAX at 12996.33, 0.20% move up […]
Crude Oil and Gold Briefing $USO, $OIL, $GLD Brent Crude at 79.39, and WTI Crude Oil at 71.76 have moved up and could test at 80 and 73 respectively over the next couple of sessions, as 80 is seen as resistance for Brent Crude on the daily, and 73 is seen as resistance for WTI Crude Oil on the […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Pressure on the Buck is up. PE The US Dollar (.DXY) at 93.12 is dipping after testing at 93.6 Wednesday. It could dip further towards support on daily at 93 before resuming its uptrend. It should target 94-95 yet this month. EUR (Euro) at 1.1831 dipped to a low of 1.1763 […]
Police are still conducting search at the private residence of former prime minister Datuk Seri Najib Tun Razak in Taman Duta. Several personal items such as handbags, clothes and gifts were seized from the home of former Prime Minister Datuk Seri Najib Tun Razak at his personal residence in Jalan Langgak Duta, Taman Duta here […]
The USA continues to be the major funder at the UN, but the UN is working hard against America. The United Nations Secretary-General Antonio Guterres (confirmed socialist) on Wednesday threw his weight behind the European Union (EU) in salvaging the landmark Iran nuclear deal. “We fully support the efforts the European Union is making in […]
Pompeo is far from the first American official to express a mistaken belief in the essential rightness or “exceptionalism” of the US. In a comment that she was widely mocked for, failed presidential candidate Hillary Clinton said during her 2016 campaign that “America is great because America is good.” Clinton had made similar comments in […]
Philippines Develops Close Ties to China Chinese leader Xi Jinping once offered Rodrigo Duterte personal assurances his country “won’t go to the dogs,” the Philippines president said, noting that the former colony won’t become Washington’s “vassal” ever again. “’We will be there if you need us,’” Duterte said on Tuesday, recalling a conversation with the […]
‘Lame Duck’ Robert Mueller Only Duty Left is to Write a Report So, wrap it up, stop wasting American taxpayers money and go find a job… Wednesday, US President Trump personal attorney Rudy Giuliani said that Russia special counsel Robert Mueller told President Donald Trump’s legal team that he would will not/cannot indict a sitting […]
Expo 2020 Dubai’s new World Majlis series is bringing together change-makers and aspiring leaders from around the globe to stimulate a powerful dialogue on how we can create a legacy of meaningful impact that reflects the World Expo’s theme of ‘Connecting minds, Creating the Future’. The World Majlis session, held at Manarat Al Saadiyat in […]
Industrial readiness in the trade sector and technology advancements could bridge the current $1.5tn trade finance gap, with potential to inject new growth in trade, according to a report on ‘The Future of Trade’ from DMCC, the world’s flagship Free Zone and Dubai government authority on commodities trade and enterprise. The research highlights the emerging […]
The Vice President, Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, said that ‘Area 2071’ is a bridge to the future, and a platform to implement the UAE’s model for future design; and reflects UAE Centennial 2071 objectives for a better life for future generations with […]
While the names of the ministers inside the new Russian government are yet to be announced, its structure will undergo subtle but potentially impactful transformations, after a decree was signed by Vladimir Putin on Tuesday. The Ministry of Telecom and Mass Communications, which oversees not only data technology, but also the mass media in Russia, […]
Against growing crude prices gold is significantly cheap and presents a good buying opportunity, according to Leigh Goehring, managing partner at New York-based firm Goehring & Rozencwajg Associates. The analyst compared the current situation to the one gold and oil markets experienced 20 years ago. “Back in the first quarter of 1999 oil was $11 […]
The world’s first state-backed digital currency ‘el petro’ launched by Venezuela this year to circumvent US sanctions is reportedly getting help from a Russian bank. According to Associated Press, Russia’s Evrofinance Mosnarbank has become the first international financial institution so far willing to back the petro after US authorities warned potential investors over related risks. […]
In the new RT documentary Coups R US, prominent American journalist Stephen Kinzer examines the rationale and impact of Washington’s interventions, from complacent colonialism in Hawaii to regime change in Libya. “There are three stages. In the first one, the government that we don’t like shows bad faith by bothering an American company. Then we […]
Travel Warning: Another Terror Attack in Indonesia Tourists and Visitors should think twice before traveling to Indonesia, especially Bali as a wave of terror attacks have swept the country. Indonesian police have shot dead four men armed with swords after they attacked a police station on the island of Sumatra. One policeman was reported killed […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing new. PE Note: Almost all major world stock market indices tested resistances or are trading just below resistance. While they hold, there will likely be some correction in the equity indices near term. DJIA at 24706.41, -0.78% fell from the resistance I said Monday. If the fall continues, DIA […]
Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Brent Crude at 78.18, and WTI Crude Oil 71.05 are stable in here. WTI Crude Oil has support at 70.50 and could move up in here, while there is little room on the upside for Brent Crude. Brent Crude has Key resistance at 80, and could be ranged […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Pressure on the Buck is up. PE The US Dollar (.DXY) at 93.30 moved up after the benchmark US 10yr T-Note Year yield rose past 3% Monday. This was in response to US Retail Sales data. Note: .DXY moved up from the 13-Day MA at 92.5 to a high near 93.46. […]
The Technical Outlook for Ethereum $ETHUSD Early this moth ETH/USD showed relative strength among the major cryptos. Although last week’s pullback saw Ethereum move below support at 700, it has risen back above it and price did not break below the invalidation mark at 627, tilting to Bearish. Currently, Ethereum is trading at: 686.605, -47.715, or -6.50%, […]
AirAsia May Not Survive Tony Fernandes Politics AirAsia Group Bhd looks set to sink well below the RM3 mark and may well trade in the RM1 to RM2 range long term, it is widely expected that links between the Company and ousted Malaysian Prime Minister will be investigated vigorously. Najib has faced not only a […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: DJIA is set up to rally PE DJIA at 24899.41, +0.27% tested at 24994 intra-day, came off some. While the Key resistance on the daily holds, DIA may dip to 24750-24700 before taking another run at 25000, then higher. DAX at 12977.71, -0.18% may test 12900 before moving to […]
Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Brent Crude at 78.28, and WTI Crude Oil at 70.97 trading a bit higher Tuesday. WTI Crude Oilcould test support near 70 this week, while Brent Crude is likely to move to 80 medium term. Both benchmark Crude Oil prices look Bullish in here. Gold […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Pressure on the Buck up and down. PE US Dollar (.DXY) Index at 92.64 saw support at the 13-Day MA and moved back to 92.6. Note: The markets await the Retail Sales data Tuesday. If it turns out to be higher than expected, it could take yields higher and lend […]
Terrorists Fail to Stop the Opening of US Embassy in Israel The White House has accused Hamas of “gruesome propaganda” after Israeli forces killed over 50 Palestinians on the border between Gaza and Israel, as the US celebrated the transfer of its embassy to Jerusalem. This is a “gruesome and unfortunate propaganda attempt” on part […]
F1: Why Ferrari’s (NYSE:RACE) Vettel Was Not on the Podium Sunday $RACE Sebastian Vettel tells why Ferrari lacked pace at the Spanish Grand Prix Ferrari (NYSE:RACE) F1 team driver, Sebastian Vettel spoke publicly in the aftermath of the Spanish Grand Prix, and he was very direct about why he was not on the podium on Sunday […]
President Trump Exits Iran Deal, Seeks Regime Change Now By exiting participation in the JCPOA (the Iran Deal) President Trump is applying heavy pressure on the fundamentalist Islamist Iran regime. Last Tuesday, President Trump ended his announcement by directly addressing the people of Iran saying: “The future of Iran belongs to its people. There has […]
A number of firms are making inquiries about the now-shuttered joint industrial complex in North Korea’s border city of Kaesong, industry sources said Sunday, as the two Koreas move to implement a set of agreements signed during their leaders’ historic summit last month. According to the insiders from a private task force representing South Korean […]
A delegation of North Korean officials visited China on Monday in what appears to be a trip aimed at discussing follow-up measures to a recent summit between their leaders and cooperation on the upcoming U.S.-North Korea summit talks, sources said. A group of officials, including Ryu Myong-son, department director of the Central Committee of the […]
The fiery leftist Andres Manuel Lopez Obrador looks increasingly hard to beat in Mexico’s upcoming presidential election — drawing dire warnings from some in the business community that he would wreck Latin America’s second-largest economy. The trillion-dollar question facing Mexicans as they prepare to cast their ballots on July 1 is: would he? The sharp-tongued, […]
Malaysian Prime Minister Mahathir Mohamad moved swiftly against predecessor Najib Razak just days after his shock election win, banning him from leaving the country and planning to reopen a probe into a multibillion dollar scandal at a state fund that Najib helped set up. Even as a chastened Najib said he would support a smooth […]
AirAsia Downgraded: Fernandes Support of Najib Will have Consequences Ongoing investigations are possible as the relationship between AirAsia, Najib and the Government will come under scrutiny in coming months. The Malaysian aviation regulator will investigate claims made by AirAsia boss Tony Fernandes that he had been “summoned” and told to cancel extra flights for last […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Looking at the major US stock market indexes technically The major US stock market indexes made good on Key reversals last week, moving through the near near term resistance. The pause to refresh Friday was on the cards, and a couple of days rest works to […]
The US will have to assure North Korea it won’t seek to undermine its leader Kim Jong-un, Secretary of State Mike Pompeo has implied. That comes after years of slamming him as a dictator and squeezing his country with sanctions. With less than a month left before the hugely-anticipated talks between US President Donald Trump […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA is set up to rally PE DJIA at 24831.17, +0.37% is rising and could test 25000-25200 in here. But, 25200 may act as 1st resistance as I see it on the daily. A break above 25200 indicates more Bullishness medium term. DAX at 13001.24, -0.17% looks Bullish near […]
In cooperation with Dubai Future Foundation (DFF), Dubai Airport Free Zone Authority (DAFZA) has developed two initiatives with the aim of placing Dubai 10 years ahead of other leading cities under Dubai 10X initiative. The first of them, ‘Dubai Blink’, is the world’s first B2B smart commerce platform while the second is the ‘Free Zone […]
Brigadier Abdul Salaam Al Shehi, Commander of Arab Coalition Forces in Yemen’s Red Sea Coast, said that large-scale military operations have been launched today towards the Hodeidah city, building on the military momentum and advance achieved west of Taiz Governorate. Brigadier Al Shehi said that the forces are advancing towards the north in multiple fronts […]
Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Brent Crude at 76.75, and WTI Crude Oil at 70.47 have paused to refresh after the sharp rise seen in the last few sessions. WTI Crude Oil could test support at 69.5-70.0 before again trying to move up again. Brent Crude could come off […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Pressure on the Buck. PE US Dollar (.DXY) Index at 92.43 testing to the 13-Day MA at 92.45, it may see some support. If it dips below 92.4-92.3, it could test the 21-Day MA at 91.6 and then move up or down from there. EUR (Euro) at 1.1962 is trading […]
Bitcoin Bulls are Still in the Action $BTCUSD Saturday, Bitcoin gained 0.84% to end the day at $8,483.2. It was only the 2nd positive day last week that has left Bitcoin down 12.2% Monday through Saturday. Friday saw Bitcoin fall to an intra-day low and new low $8,204.4 before a late morning recovery, Bitcoin managing to […]
How did Venezuela, once Latin America’s richest country, sink into ruin? As the country faces a presidential election Sunday, here are four key elements in the unravelling of its economy. – Oil boom brings dollars- The country with the largest oil reserves on the planet enjoyed more than a decade of abundance between 2004 and […]
Ramzan Kadyrov is Right: France Creates Terrorists The Chechen leader says France is responsible for the acts of Hassan Azimov, who was born in the Caucasian republic before moving as a child. Azimov was shot dead after stabbing five people and killing one in Paris on Saturday. “I think it important to note that the […]
Indonesia is under attack from Muslim extremists with the groups staging multiple attacks over several days. Tourists in Indonesia, especially Bali should take extreme caution as the country continues to loose control to fundamentalists. An explosion has hit a police station in Surabaya, Indonesia. It comes a day after coordinated suicide blasts at three churches […]
UAE Leads the Islamic World: Ministry of Tolerance Forum Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, on Monday will inaugurate the first Ministry of Tolerance Forum, under the theme “Strengthening the Role of the Government as an Incubator for Tolerance”, with the participation of more than 120 government, intellectual and cultural leaders and […]
An expert panel discussed the findings of the 10th annual ASDA’A Burson-Marsteller Arab Youth Survey 2018, released on Tuesday, underlining the importance of the insights gained from the study for the region’s governments, policymakers and business leaders. Reem Al Hashimy, UAE Minister of State for International Cooperation, and Director-General, Dubai Expo 2020 Bureau, welcomed the […]
At least 11 people have been killed in three seemingly coordinated suicide bombings that hit churches in the second-largest city of Indonesia, police said. Dozens of people have been injured. “The victims are still being identified,” said East Java police spokesman Frans Barung Mangera. Police say they have also secured a fourth, unexploded bomb at […]
Constantly prioritizing liberal values over national security in Europe has ultimately given a free hand to Islamic radicals, who sneak into the continent unhindered with little scrutiny, extremism expert Jennifer Breedon told RT. Breedon, an international criminal law attorney and expert in extremism studies, spoke to RT in the wake of the attack in Paris […]
The ambitious multi-trillion-dollar Belt and Road Initiative (BRI) by China could become a great opportunity for the Gulf nations, according to Bahrain’s Minister for Transportation and Telecommunications Kamal bin Ahmed Mohammed. The Gulf region, which is a central location of the BRI, is a prime market for China and vice versa, he told the Gateway […]
France Ignored Terrorist Attacker, Macron Must take Blame The man who stabbed one person to death and injured several others in Paris was a French national who was born in Chechnya, local media report, adding that the assailant had been monitored for links to radical Islamists. Police found no documentation on the attacker, but investigators […]
Indonesia has become a dangerous place for Christians since a wave of fundamentalism swept Jakarta and an Islamist Mayor was installed to power. Travelers should avoid Indonesia including the resort Island of Bali, the scene of a massive attack killing over 200 before. Indonesian Police have confirmed that at least 10 people have been killed […]
Southern California’s ‘Poverty Pimp’ Maxine Waters Attacks Auto Industry $F, $GM, $FCAU, $TM, $VLKAY US Rep. Maxine Waters (D-CA) is divisive claiming automakers discriminate against nonwhites when giving out car loans. Representative Mike Kelly (R-PA), an auto dealer, said in a TV interview Saturday segment that Ms. Waters’ cited a study that severely flawed. Mr. […]
The Trump Effect: Iran’s Economy on Verge of Collapse, Regime Change Coming The Iranians are in great economic difficulties as a result of the renewed sanctions. The US took a step toward cutting Iran off from the global economy Thursday, levying sanctions on a financing network and accusing the country’s central bank of helping funnel […]
German Firms Aligning With US on Iran Nuclear Exit, Macron in the Cold $VLKAY, $SIEGY, $BASFY, $EADSY Just a bit ago US Ambassador to Germany Richard Grenell faced backlash for a tweet calling on German companies to cut ties with Iran, a new report says the nation’s countries are starting to cut ties after President Trump announced […]
President Trump Lifts Millennials Trust and Interest in Buying Stocks $SPY, $BTC, $ETH The Trump Effect US have risen sharply since the election of Donald J. Trump as the 45th President of the United States on 8 November 2016, and Millennials are taking full advantage. The millennial generation is educated and extremely tech savvy and […]
President Recep Tayyip Erdogan on Friday declared that interest rates were the “mother and father of all evil”, a controversial comment that prompted a sharp loss in value of the Turkish lira and has raised questions about the future of the Turkish Economy. Erdogan, who is campaigning for snap parliamentary and presidential elections on June […]
Xi Jinping, general secretary of the Central Committee of the Communist Party of China (CPC), called for coordinated efforts and orderly progress in the planning and implementation of institutional reform at the central and local levels to ensure complete victory in the area. Xi, also Chinese President, Chairman of the Central Military Commission, and head […]
As the EU Splinters, ECB’s Draghi Pleads for Currency Reform $EURUSD European Central Bank President Mario Draghi Friday called for greater central government interference in capital markets, stating his desire for a fiscal instrument that would alleviate crisis-driven stress on weaker countries. The Head of the European Central Bank (ECB) is urging political leaders to […]
Mahathir Mohamad, 92, a former Malaysian prime minister who led the opposition to achieve a stunning victory in the general election, took the oath of office on Thursday night, becoming the world’s oldest government leader. Mahathir won the election after his coalition Pakatan Harapan secured 113 seats out of the 222 seats at the parliament’s […]
London Mayor Sadiq Khan said he has ordered an “intelligence-led” increase in the number of stop and searches, rowing back on his 2016 manifesto pledge to do everything in his power to keep the practice to a minimum. Speaking on Thursday to James O’Brien on LBC, the mayor admitted that there would be an increase […]
Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA is set up to rally PE DJIA at 24739.53 broke the range of 24000-23500, turning to the Northside, this could be a strong break and DIA could move to 25500 in the next 3 sessions. A sharp rally is on the cards medium term. US major market […]
Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL On the Close Thursday: WTI Crude Oil +0.4% at 71.37 bbl $USO Gold +0.7% at 1322.50 oz $GLD Copper +1.6% at 3.11 lb $CU Crude Oil prices are up here for a while it seems, as the impact of US sanctions on Iran will be […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Pressure on the Buck. PE US Dollar (.DXY) Index -0.4% to 92.70 $EURUSD +0.58% at 1.1921 $GBPUSD -0.18% to 1.3518 $USDCHF -0.21% to 1.0027 $USDJPY -0.27% to 109.41 $USDCNY -0.23% to 6.344 US Consumer Price Index (CPI) increased 0.2% in April, less than the 0.3% rise projected. Naturally, there […]
F1: Spanish Grand Prix, What We Will Be Looking For $RACE We are now 4 races into the 2018 F1 season and it has been thrilling, this weekend we are on to Barcelona for what we expect will be more super racing. Preparations for the Spanish Grand Prix get underway Friday at the Circuit de […]
President Trump’s Tax Reform Shines Up Small and Mid-Cap’s Earnings $DIA, $SPY, $QQQ, $RUT, $VXX The Trump led corporate tax cut is helping turn the shares of smaller publicly-traded companies in the United States into an unexpected source of stability. The shares of small and mid-cap companies in the Russell 2000 (RUT) index are more […]
The US president and North Korea’s Kim Jong-un will finally sit down for a summit on June 12 in Singapore, Donald Trump has stated. The date and venue for the meeting has long been the subject of speculation. “We will both try to make it a very special moment for world peace,” Trump stated. Speculation […]
The Truth about Clive Palmer. Administrators confirm they refused Palmer’s offer to pay all bills and sacked 550 workers at Yabulu nickel refinery – destroying North Queensland’s economy In a move that saw North Queensland lose over 2,500 jobs and effectively destroyed the lives of many of the people living in Townsville, the former administrator […]
The price of crude oil has risen to an almost three-year high, following US President Donald Trump’s unilateral decision to withdraw from the Iran nuclear deal, as well as bullish US crude inventory numbers. Trump announced the return of a raft of sanctions against the Iranian regime within the next 180 days unless a new, […]
China, Japan and South Korea injected fresh confidence into global growth on Wednesday by reaffirming their commitment to economic globalization as well as trade and investment liberalization. Chinese Premier Li Keqiang, Japanese Prime Minister Shinzo Abe and South Korean President Moon Jae-in made the pledge here at a trilateral meeting, giving a big boost for […]