In its latest World Economic Outlook released yesterday, the IMF took investors somewhat by surprise. The institution once again downgraded its global growth forecasts. The downgrades come despite positive developments in the US/China trade space as well as with Brexit negotiations. Disappointingly, the IMF wrote in the release that there are “no clear signs of
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Canada has largely been able to stay on the sidelines of the global economic uncertainty. Therefore it’s likely to not be as much of a beneficiary of the general positive swing lately. But don’t tell that to their stock market, which has been breaching new records this year. We don’t expect any policy changes at
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The softer risk tone reverberates to Europe in early trades German DAX futures -0.6% French CAC 40 futures -0.7% UK FTSE futures 0.6% ForexLive The risk mood in markets continue to stay more pessimistic amid concerns about the new coronavirus outbreak in China. That is continuing to keep the yen bid as we begin the
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Memories of the SARS outbreak of 2002/2003 have returned to haunt Asia this morning. Stock markets are down across the region as news emerges that the as yet un-named SARS-like virus originating in Wuhan in China has killed four people and has been confirmed as transmissible from human to human. The timing is unfortunate as
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IS there less to this trade deal than we suspect? Not an encouraging headline. China commerce ministry official  says China welcomes competitive US products to enter china’s markets says China hopes US to create conditions to facilitate imports to china  says China’s purchase of US. agricultural goods will not impact imports from other countries says
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Daily Markets Broadcast 2020-01-21 US indices steady in holiday-thinned trade US indices held near record levels in low-volumed activity yesterday due to a US public holiday. US and France agreed to a tariff truce in their digital tax war. Wuhan reports fourth death from corona virus. US30USD Daily Chart Source: OANDA fxTrade The US30 index
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The Bank of Canada meets today, and analysts at ING Bank are expecting no change in the monetary stance (in line with consensus). Key quotes “We suspect markets have too aggressively priced out BoC easing and the balance of risks for CAD appears tilted to the downside.” “Investor sentiment around the prospect of BoC easing has
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DaxRobot: https://secure.daxrobot.com/tiny/hKYW6 DaxRobot is a new auto trader that has caught many investor’s attention, it is offering good results and state that are one of the best trading applications out there. In this Review, we’re going to share our opinion on this service and clarify if it’s a safe and legitimate option to invest in.
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Watch this lesson to discover how to combine the best indicators in a meaningful way, in order to make much better trading decisions when trading the Forex, CFDs or stock market. In this video you’ll discover: • What are trend-following indicators, momentum indicators, volume indicators and volatility indicators? • How to use trading technical indicators
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US President Donald Trump, and Emmanuel Jean-Michel Frédéric Macron, have agreed to carry on talks on the digital tax until end-2020, according to Reuters, citing a French diplomatic source. Great discussion with @realDonaldTrump on digital tax. We will work together on a good agreement to avoid tariff escalation. – Macron. Market implications This is good news for
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