Market regulator Sebi has relaxed the computation of gross exposure norms for mutual funds which trade on exchange traded commodity derivatives (ETCDs) contracts. The regulator clarified that hedged or offsetting positions taken during the course of trade will not be considered while computing the gross exposure of ETCDs for the funds. For eg, if a
Yen and Swiss Franc are trading stronger together with Dollar today, as stock markets are pulling back slightly. On the other hand, New Zealand Dollar is leading other commodity currencies lower. US President-elect Joe Biden’s new spending package was generally ignored by investors. Instead, worse than expected US data is weighing sentiments down slightly. For
Federal Reserve Chairman Jerome Powell affirmed his commitment to keeping interest rates low for the foreseeable future even as he expressed hope for a strong economic recovery. “When the time comes to raise interest rates, we’ll certainly do that, and that time, by the way, is no time soon,” the central bank chief said Thursday
Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase is scheduled to report fourth-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: $2.62 per share, 2.1% higher than a
DXY extends the side-lined trading above 90.00 on Friday. Further upside targets the 2021 high near 90.70. DXY remains in a consolidative-mode and manages well to keep the trade above the 90.00 mark for the time being. If bulls regain control of the sentiment on a more serious stance, then the index could re-visit the
Join Now XM.COM to get $30 Free Forex Bonus Click the Link Now : https://goo.gl/Mk71uv ********************************************************** This strategy is Fxpro High Profitable Forex Trading System Fxpro system is a unique ‘price action driven‘ trend trading system which is specifically designed so you can trade without being stuck in front of your charts Everyone knows that
http://learningtotrade.com Forex trading tutorial – How to trade forex successfully Here is this forex trading tutorial I explain about backstory. Each trade you take should have back story as to why you are taking this trade. This is a trading tutorial on learning how to recognize when you have the foundation for a good trade.
Welcome back snake gang, I hope you enjoy! Keep grinding and working hard. I believe in all of you! Show some love ❤️ Get ready for all the future content coming! 🔥 If you’re new here be sure to subscribe so you don’t miss any future bangers 🚨 there’s nothing in this world I love
Dow first 2 day losing streak since December 10 The major indices are all closing lower with the S&P index losing the most ground on the day. In contrast the small-cap Russell 2000 is closing at a record. The Dow closed lower for the 2nd consecutive day. This was the 1st 2 day losing streak since December 10. The final numbers
Forex news for Asia trading for Friday 15 January 2021 The main points of incoming US President Biden’s coronavirus economic rescue plan were reported a couple of hours ahead of his scheduled speech. The response of markets was underwhelming with not a lot of movement. Biden’s speech later was a little more impactful, but not
The need for effective hedges and the low-rate environment will keep investment demand for gold well supported this year, and the precious metal could mimic the strong growth seen in 2010 just after the global financial crisis, an outlook on the industry published by World Gold Council (WGC) said. The COVID-19 pandemic raised uncertainty by
Euro’s broad based decline continues today, dragging down the Swiss Franc, and to a lesser extent Sterling too. Italy bench yield jumps sharply on increasing risk of fresh elections in the summer. On the other hand, commodity currencies continue to be strong, as supported by overall solid risk sentiments. Global equities are clearly just taking
NZD/USD broke above a key downtrend on Thursday, though is back of 0.7240 highs now. The US dollar weakened predominantly against its more risk-sensitive G10 peers on Thursday, including the kiwi. The pair now appears to be in the early stages of forming an ascending triangle. NZD/USD has been somewhat on the back foot in
Grammy Award-winning American pop-rock band “Portugal. The Man” has launched a fan-focused cryptocurrency on the Ethereum-based Rally Network. Known as PTM Coin, the new token will reportedly grant fans exclusive access to various events and perks, including a livestream party, previously unreleased songs and more. Fan tokens emerged as a growing trend in 2020, allowing
Price has trading above and below the 100 hour MA over the last 2 trading days The USDCHF is following the USD lower. For this pair, the price high today reached up to the low end of a swing area near recent highs between 0.89172 and 0.89197. The high price today reached 0.89167 and reversed lower. The last 4 hourly bars
Futures point higher S&P 500 futures are up 9 points ahead of the open. The index gained 9 points yesterday to 3809. Yesterday’s session high was 3821 and that will likely be challenged. The index has been flatish for the past three days and will be waiting for inspiration from stimulus headlines today. For bank
Gold prices edged lower on Thursday as the dollar steadied and U.S. Treasury yields held near 10-month highs, with markets waiting for President-elect Joe Biden to reveal details of his stimulus plan. Spot gold fell 0.3% to $1,838.44 per ounce by 1052 GMT, while U.S. gold futures slipped 0.8% to $1,839.80. “Gold is consolidating a
Selloff in Euro against commodity currencies appear to be a main theme today, in otherwise mixed markets. Dollar seems not too bothered by the pull back in treasury yields overnight and stays generally inside last week’s range. Sterling is struggling to extend gain despite staying as the strongest one for the week. Yen and Swiss