Daily Pivots: (S1) 1.6291; (P) 1.6402; (R1) 1.6474; No change in EUR/AUD’s outlook as it’s staying in consolidation from 1.6033. Intraday bias remains neutral at this point. On the upside, sustained break of 1.6586 resistance will suggest that it’s at least in correction to the fall from 1.9799 to 1

The Bank of England has published UK mortgage approvals data for August at 4:30 am ET Tuesday. The pound changed little against its major counterparts after the data. The pound was trading at 136.02 against the yen, 1.1892 against the franc, 0.9073 against the euro and 1.2873 against the greenback a

The greenback pared intra-day gains made in Asia and European morning and ended Thursday mixed due to profit-taking as well as improved risk sentiment in New York as U.S. stocks snapped their recent losing streak and ended the day higher.      Reuters reported U.S. initial claims for state unemploym

Last week, Warren Buffett turned 90 years old. He chose to do something special. With the truck loads of cash that he is holding he invested $ 6 billion into 5 of the top Japanese general trading houses or “sogo sosha” as they are known in Japan. These companies are mostly diversified conglomerates,

Everyone who was reading our reports yesterday was prepared for the big correction in stocks yesterday! Some of our traders made serious money off this! Recall that we mentioned that stocks were having trouble with all time highs and that it was realistic for a correction before they could make a ru

People's Bank of China   PBOC inject 50bn yuan through 7-day reverse repos in open market operations (OMOs) today   There should be an MLF (medium term lending facility) coming up from the Bank today.

Here is what you need to know on Friday, August 14: The US dollar has been gaining ground once again as the bond-yield pendulum swings up again. Washington's fiscal impasse, a weak bond auction, upbeat jobless claims, and Sino-American relations will make way for retail sales figures for July.  1) U

Speaking at the US-India Business Council’s India Ideas Summit on Tuesday, India’s Commerce Ministry Piyush Goyal said that India and the US are likely to strike a trade deal soon. Key quotes “In the long term, I believe we have a quick trade deal which has some of the pending matters built up over

Photo: Bloomberg The Spanish regulator CNMV (National Securities Market Commission) revealed today it has submitted a proposal of Circular to public consultation that will develop the Order EHA 1717/2010, of June 11, of regulation and control of advertising for services and investment products, Fi

The outlook for the US economy remains highly uncertain and we may not see the effect of the recession right away due to all the stimulus,  Jamie Dimon, CEO of JPMorgan, the largest U.S. lender, said on Tuesday, according to Reuters.  Key quotes We are just guessing. . . We are prepared for the wor

受到全球疫情等多方面的影响，美股曾一度步入漫长的低迷态势。但近段时间内，美股表现一扫阴霾，6月9日晚，纳指首次突破9900点，较3月23日的低位反弹逾44%，最高上涨至9927.13点，创盘中历史新高！而道琼斯指数从熔断底部已经上涨了近50%，标普500距离历史新高也仅有不到5%的差距。 热门中概表现抢眼 跟随大盘指数的上涨，各大热门中概的表现也毫不逊色。作为目前炙手可热的电商平台黑马 – 拼多多，在短短3个月内就录得超过100%的涨幅。同样早已奠定国内电商巨头地位的京东表现同样出色，也在3个月内获得近80%的涨幅。 京东三个月内收获近80%涨幅 （来源：ACY