Japanese Prime Minister Fumio Kishida said on Monday that the coronavirus response is the government’s highest priority, as reported by Reuters. “Serious shortage of hospital beds needs to be avoided at all cost,” Kishida added and noted that they will bring forward COVID-19 vaccination booster shots for the elderly and the general public by up
Month: January 2022
Tennis Australia has partnered with Decentraland to host the Australian Open (AO), which will be the first official tennis grand slam in the Metaverse. A virtual recreation of key areas in Melbourne Park, including the Rod Laver Arena and Grand Slam Park, will be open for the duration of the Australian Open tournament, which will
In this video, I will backtest the MACD Crossover Trading Strategy widely used in forex markets 100 times. MACD and EMA combo strategy help us, traders, to maximize our profits. Along with the strategy every trader should be aware of its rules and conditions on how to perform it correctly. Choosing the right time frame
Via Bloomberg (may be gated) : prices could go up higher supplied are tight Cited gas: What’s happening with gas “serves to remind us that people will abstain from buying expensive energy at some point,” he said on a webinar hosted by Dubai-based consultancy Gulf Intelligence. “The question is at what point that affects the
NZDUSD has push sharply to the downside and tests 200H MA The NZDUSD has been stepping lower and lower and lower, since it’s high at the start of the London morning session. Recall from yesterday’s trade, the price moved above the swing highs from December 29 and January 3 at the 0.6856 level. The move
Gold prices on Thursday held near a one-week high hit in the previous session, as the U.S. and Treasury yields retreated after inflation data came in line with expectations and reiterated the need for a quicker interest rate hike. FUNDAMENTALS * Spot gold was flat at $1,824.55 per ounce by 0109 GMT. U.S. gold futures
The shared currency edges lower during the New York session by 0.14%. EUR/GBP Technical Outlook: Downward biased, but a break under the 0.8300 figure, would push the pair towards lower prices. The EUR/GBP slide for the second time of the week, though, remains trapped in the 0.8320-65 range for the sixth consecutive day. The EUR/GBP
Omicron has arrived in Beijing ahead of the Olympics. City officials said today that a woman from Haidian district reported having a sore throat on Thursday and a fever a day after. She tested positive for Covid-19 on Saturday morning. She hadn’t left the city in the prior two weeks and had not been in
We’re not at the close yet but today’s reversal in AUD/USD should give the bulls pause. On Wednesday, this pair looked like it was breaking above the December range to continue the retracement from the November decline but yesterday’s doji and today’s swift reversal lower is a warning sign of further potential declines. A close
Jan 14: Gold prices on Friday were poised for their best weekly gain since last November, as investors await economic data that could provide clarity about U.S. Federal Reserve’s tapering policy, while a weaker and Treasury yields supported bullion. FUNDAMENTALS * Spot gold was flat at $1,820.08 per ounce, as of 0048 GMT. U.S. gold
GBP/USD bulls unable to break above the 200-DMA and defend the 1.3700 figure On Friday, a pack of solid UK macroeconomic data failed to underpin the British pound, which struggled to cling to the 1.3700 figure, falling during the New York session. At press time, the GBP/USD is trading at 1.3670. It is worth noting
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Engineering a soft landing is one of the most-difficult tasks a macro policymaker can undertake but it’s what Chinese officials have been trying to do in housing. Saturday’s Chinese home price data underscores the risks with prices up 2.6% y/y in a deceleration from 3.0% y/y in November. As recently as mid-2019, prices were rising
Strong US inflation reading and hawkish comments from Fed officials were the main theme in the markets last week. While much volatility was seen in the stock markets, major indexes remained rather resilient. Dollar got practically no support from expectation of three Fed hikes year this, and tumbled broadly. Euro finally broke out of range
NASDAQ index toys with the 200 day moving average The NASDAQ index as traded up and down and trading today and toyed with the idea of trading below its 200 day moving average. That moving average currently comes in at around 14726. The low price for the day reached 14689.43, and the current price is
SINGAPORE: prices eased for a second session on Friday on growing concerns that Washington may soon act to cool prices, while movement controls in China to rein in a COVID-19 outbreak weighed on fuel demand. Brent crude futures fell 30 cents, or 0.4%, to $84.17 a barrel at 0150 GMT. U.S. West Texas Intermediate crude
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