The British Prime Minister Theresa May said that the British parliament members have one last chance to support her deal. “I have compromised, now I ask you to compromise too,” said Theresa May during a speech in London. May has been trying to push her Brexit deal in the parliament without being successful, being rejected
The euro is in for a busy day tomorrow. A host of key data points is scheduled for release during the day. The most important ones are related to the largest economy in the eurozone. We had a bit of a positive surprise out of Germany lately, and we now get to see if that
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Theresa May’s Brexit deal is dead on arrival once again ForexLive Cable has now slipped to a low of 1.2666 on the session, its lowest level since 4 January and closes in on support from the swing region around 1.2660-70. However, a daily close below notable support around 1.2696 should be enough to reaffirm the
You’re no doubt wondering if there’s anywhere you can invest and still get a decent return—without wincing every time you open your brokerage account. Good news: there is just such a place. And today I’m going to show it to you—along with three specific “crash-resistant” funds yielding up to 7.1%. The magical place I’m talking
Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE), May 6, 2019 in New York City. Drew Angerer | Getty Images News | Getty Images Stock picking is making a comeback as active investors are on pace for one of their best years in a
SEK, NOK TALKING POINTS – FOMC MEETING MINUTES, USDSEK, USDNOK SEK and NOK traders are preparing for release of FOMC meeting minutes Krona volatility may be compounded by Riksbank financial stability report Trade war, global growth fears hang over Norway and Sweden economies See our free guide to learn how to use economic news in
The precious metal sector is under-performing this week amid demand pressures and a rising US dollar. Agricultural commodities are staging a comeback on the back of supply issues and speculative short covering. Precious metals Speculative investors scaled back their bullish PLATINUM bets to the lowest since the beginning of April in the week to
Multiple upside resistance-lines stand tall to question the pair’s recent recovery. Bears can jump back should prices break latest lows. GBP/USD’s latest bounce off 1.2685 isn’t strongly indicating the pair’s strength as it takes the rounds near 1.2715 ahead of the UK markets open on Wednesday. The pair needs to surpass near-term trend-line resistance, near
According to reports by Chinese state media Of note, the two airlines seeking compensation are Air China and Southern Airlines. If you think this doesn’t have anything to do with trade tensions between the US and China, you should read the above headline until you are convinced otherwise.ForexLive All part of the game…
Daily Markets Broadcast 2019-05-22 Wall Street rebounds on Huawei relief Tech stocks rebounded yesterday after US President Trump dialed back the blacklisting of Huawei, granting limited relief for consumers and carriers that do business with them. Other US indices also tracked higher though the cloud of the trade talks slowed gains. US30USD Daily Chart Source:
The Trump administration is considering limits to a Chinese video surveillance company’s ability to buy American technology, people familiar with the matter said, according to The New York Times. The move would effectively place the company, Hikvision, on a United States blacklist and will likely inflame the trade tensions. Hikvision is one of the world’s largest manufacturers
Japan trade balance data for April 2019 Japan trade balance for April Y 60.4bn expected Y 232.7bn surplus, prior was+527bn Y Adjusted trade balance Y -110.9bn expected Y -37.5bn, prior Y -177.8bn Exports -2.4% expected -1.6% y/y (trade wars impact), prior -2.4% Imports +6.4%, a sign of better domestic demand expected +4.5% y/y, prior +1.2%
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Scott Morrison, Australia’s prime minister, waves with his wife Jenny and daughters after winning during the Liberal-National coalition party election night event in Sydney, Australia, on Saturday, May 18, 2019. Morrison led his conservative government to a surprise victory in Australia’s election, seeing off a challenge from the left-leaning Labor opposition with his pledge to
Deutsche Bank is standing by its call for a 30% return on the S&P 500 this year, despite increasing global fears over the escalating U.S.-China trade dispute. Binky Chadha — head of asset allocation and chief equity strategist at the firm — told CNBC on Tuesday he is keeping the S&P target at 3,250, which
S&P 500 Outlook Talking Points: S&P 500 Outlook: Retail Sector Slides Amid a Series of Missed Earnings Tuesday trading saw the S&P 500 close comfortably higher after the United States Commerce Department offered a licensing extension to Huawei. Elsewhere, a mixed bag of earnings from Home Depot, JC Penny, Kohl’s and Nordstrom offered their own
This morning our GBPCHF BUY trade popped into profit and was a nice trade for VIP members who followed my entry. In this video I’ll be breaking down some of the logic behind the trade to help better understand the trade! Want to join my VIP group? Get my signals, education, and live chat! Link