Global stock markets are now worth more than 100% of the world’s gross domestic product (GDP) for the first time since 2018, a sign of overstretched valuations, according to the Buffet indicator. Stock markets are considered to be overvalued when the Buffet indicator – the ratio of stock market capitalization to GDP – rises above
admin
Chinese financial regulators took control of Baoshang in May 2019 due to serious credit risks The PBOC will now let it go into liquidation, the first such insolvency since 2001. PBOC says the bank is permitted to file for bankruptcy and liquidate any remaining assets The PBOC has allowed 2 other banks to to take
NEW DELHI: Commodities block was a mixed bag on Friday with bullion counters trading with gains while energy and base metals in the red amid escalating tensions between US and China. Gold was flat while silver gained 0.31 per cent. Base metals dropped up to a per cent. Meanwhile, crude oil dipped 0.44 per cent
As suggested in the CFTC Commitments of Traders report in the week ended August 4, NET SHORT for USD Index futures decreased -252 to 6 475 contracts. Bets fell on both sides as the greenback is still finding bottom after losing almost -10% against a basket of currencies since March. Speculative long positions dropped -2
As the White House has continued to push a narrative of a sharp recovery after a history-making recession, the economic data in large part has not been cooperating. Jobs numbers of late are showing progress but pointing to at best a gradual recovery. The sharp uptick in coronavirus cases appears to be have ebbed but
Visit our site https://forex4newbiesblog.blogspot.com/ Forex price action chart analysis, Forex Strategy, Forex Systems, Forex Signal, MT4 Indicators, MT4 Templates, for all traders. All materials in this blog share for free. F4N 010 Simply scalping EURUSD M30, H1 forex trading system strategy with Parabolic SAR, MA channel, MT4, MT5 Get the edge in Forex trading. http://bit.ly/ForexGuideStrategy
Register for the full course here: https://rebrand.ly/ForexAlgo Follow me on Instagram: https://www.instagram.com/Mohsen_Hassan Join our Discord room here https://discord.gg/T59NFJ4 Build a Completely Automated Trading Robot (Expert Advisor) from scratch using MQL4 (MetaQuotes Language 4)! Hi and welcome to the complete Forex Automated Trading Course. My name is Mohsen, I’m a professional trader and I will be
✅Copy My Pro Forex Signals For FREE today! ► https://WWW.FXLIFESTYLE.COM ✅FOLLOW MY FACEBOOK ► https://www.facebook.com/fxlifestyleteam ✅ADD MY SNAPCHAT► FXLIFESTYLETM ✅JOIN THE TEAM (only $14) ► https://WWW.FXLIFESTYLE.COM ✅BEST FOREX BROKER ($10 / £10 deposit!) ►https://bit.ly/2GtPwH6 ✅SUBSCRIBE TO MY YOUTUBE ► https://bit.ly/2qXaEuT ✅JOIN THE MILLIONAIRE FOREX TEAM AND BECOME A PRO FOREX TRADER! ✅BECOME AN AFFILIATE ►
Facial recognition can help prevent future Bitcoin (BTC) scams like those that hit Twitter and YouTube, said Rod Hsu, president and co-founder of virtual currency platform Coincurve. During an interview with Cointelegraph, Hsu said Bitcoin is an electronic form of currency that is non-reversible and somewhat anonymous, “coupled with this gap in understanding makes it
London/European traders exit The USD is stronger but off the highs as London/European traders exit for the weekend. The greenback is the highest vs. the NZD (up 1.21%). It is the least high vs the JPY (up 0.31%). Versus the EUR, it is up 0.81% and is higher versus the GBP by 0.72%. Technically speaking: EURUSD: The EURUSD fell initially bottomed
Here is what you need to know on Monday, August 10: The dollar closed the week with a firmer tone, partially backed by an upbeat employment report, but also by US President Trump’s decisions. On Friday, the US administration imposed sanctions on Hong Kong’s chief leader, Carrie Lam, and ten other senior officials for their
Clever move from the President We were expecting executive orders on the payroll tax, student loan interest and rental eviction on the weekend but Trump surprised with another one: Unemployment benefits. Trump signed an order that will boost benefits by $300/week if individual states pay an extra $100/week. The move was not reported on rumored
By Swansy Afonso Silver consumption in India is set to halve in 2020 as buyers, mainly from rural areas, skip purchases amid surging prices and a weak economy. Imports by the world’s biggest consumer may tumble by as much as 50% this year from about 6,000 tons in 2019, according to Chirag Sheth, a consultant
According to the CFTC Commitments of Traders report for the week ended August 4, NET LENGTH for crude oil futures gained +3 697 contracts to 536 266 for the week. Speculative long position rose +16 930 contracts, while shorts gained +13 233. For refined oil products, NET LENGTH for gasoline increased +7 526 contracts to
Two months of record-setting payroll growth slowed in July but was still better than Wall Street estimates even as a rise in coronavirus cases put a damper on the struggling U.S. economy. Nonfarm payrolls increased 1.763 million for the month, the Labor Department reported Friday. The unemployment rate fell to 10.2% from its previous 11.1%,
A pilot project run by Bitbeat-affiliate company CIC Enterprise wants to provide crypto payment solutions at two of the busiest beaches of the country for tourists to use. According to ZDNet Korea, the firm partnered with card and cash payments provider Innotech for the token-powered payments solution in the Haeundae Beach System on the beaches
Nasdaq leads the way lower today. The NASDAQ and S&P are reaching new session lows. The NASDAQ is leading the way with a decline of 1.67%. It is currently down 186 points to 10921.44. The S&P index is down 20 points or -0.61% at 3328.80 Looking at the hourly chart of the NASDAQ index, the pair is getting closer to
Dollar comeback poured cold water on gold’s record-breaking rally. US-China woes, US stimulus deadlock and upbeat NFP boosted the USD. The focus stays on US-China trade talks amid light US docket next week. Gold (XAU/USD) bulls remained in the charge the past week and went onto hit a strong of fresh all-time highs above the