HamidAli
HamidAli
HamidAli
HamidAli
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WTI looking heavy beneath $48.00 as OPEC+ debates further output hikes

WTI has been on the back foot for most of the day amid a sell-off on Wall Street. Adding to the downside has been the fact that OPEC+ is at loggerheads about whether to further ease output restrictions. WTI continues to gradually make fresh intra-day lows and is now hovering not far to the north of

Post-Brexit and the UK economy: How will the pound fare in a covid vaccine world?

A Brexit deal was finally agreed upon on Christmas Eve. The pound is hesitating to move higher on Brexit latest news and we look at why it may not do so for the foreseeable future. Coronavirus has hamstrung UK growth and economic recovery prospects, buoying EUR/GBP. The announcements of a deal from

Singapore: Industrial Production looks healthy – UOB

UOB Group’s Senior Economist Alvin Liew gives his opinion on the recent data releases in Singapore. Key Quotes “Singapore’s industrial production (IP) beats market expectations with a solid rebound of 17.9% y/y (+7.2% m/m sa) in Nov… In addition, Oct’s decline was revised slightly to -0.8% y/y, from

Patterns: EUR/CAD, EUR/AUD

EUR/CAD 4H Chart: Breakout could occur The Eurozone single currency declined by 1.28% against the Canadian Dollar during last week's trading sessions. The EUR/CAD currency pair tested 1.5550 level on December 31. All things being equal, the exchange rate could continue to edge lower during the follo

Kontrak Berjangka Minyak Mentah: Kenaikan Tambahan Tidak Dikesampingkan

Berdasarkan pembacaan awal dari CME Group untuk pasar berjangka minyak mentah, investor menambahkan sekitar 10,5 ribu kontrak ke posisi open interest mereka Kamis lalu, mencapai 2 kenaikan berturut-turut. Volume, sebaliknya, memperpanjang aktivitas berombak dan turun sekitar 150,

Approaching an important target

Cycles: Looking ahead! 90-yr cycle – last low: 1932. Next low: 2022 7-yr cycle – last low: 2016. Next low: 2023 Short-term low: 1/18 Market Analysis (Charts courtesy of QCharts SPX-IWM weekly charts For the first time since early September – the date when it issued its last warning of an important t
(Reuters) U.S. May Cut Some COVID Vaccine Doses in Half to Speed Rollout. - Jan 4, 2021.#CoronavirusVaccine##moderna##Pfizer##FlashNews#
00:01:18
(Yahoo Finance) Bitcoin Hits New High Above $29,000. - Dec 31, 2020.#bitcoinsurge##BTC/USD##cryptocurrency##FlashNews#
00:02:21

Sri Lankan shares close higher on industrial, consumer staples boost

Dec 30 (Reuters) - Sri Lankan shares notched their third straight session of gains on Wednesday, closing at a more than three-year high, helped by a rise in industrial and consumer staples stocks. * The benchmark stock index ended up 0.64% at 6,748.01, its highest closing level since July 2017. * Tr

AUD/USD Forex Signal: AUD Jumps Against its USD Counterpart

Today’s AUD/USD Signal Risk 0.55%. Yesterday’s signal was activated, and gain was chased but the target has not yet been achieved. The buy signal should be cancelled in case the target was reached before the buy order is activated. Best Buying Entries: Long pending entry from the 0.7626 level. Put t

UPDATE 1-Aeromexico concludes two union negotiations in bankruptcy proceedings

(Recasts and updates throughout with context, details from statement) MEXICO CITY, Dec 29 (Reuters) - Grupo Aeromexico has wound up discussions with two labor unions but remains in talks with two more, it said on Tuesday in an update on negotiations that are a requirement for the airline to receive

UK Banks, Homebuilders Likely to Rise After Brexit Deal Struck

Tradehay.com: 29/12/2020 - 10:08 U.K. lenders and homebuilders will be among sectors in focus after the European Union and the U.K. reached a Brexit trade deal. European Union ambassadors gave the go-ahead to the bloc’s draft free-trade agreement with the U.K., paving the way for the deal to take ef

FOREX-Dollar pares losses as Senate's McConnell vague on further stimulus

* Graphic: World FX rates in 2020 tmsnrt.rs/2RBWI5E (Adds quotes, McConnell comments on stimulus, updates prices) By Karen Brettell NEW YORK, Dec 29 (Reuters) - The dollar pared losses on Tuesday after earlier reaching a more than two-year low against the euro, but remained lower on the day as inves

Futures at record levels on fiscal aid relief, vaccine optimism

(Reuters) - U.S. stock index futures scaled all-time highs on Tuesday as bets that fiscal aid will speed up a vaccine-led recovery in the economy boosted sentiment in the final days of the year. At 06:34 a.m. ET, Dow E-minis rose 129 points or 0.43%, S&P 500 E-minis gained 16 points or 0.43% and

EUR/USD: Sustained move beyond 1.2270-75 to set the stage for further near-term gains

The EUR/USD pair added to the previous day's modest gains and continued scaling higher through the first half of the trading action on Tuesday. FXStreet’s Haresh Menghani awaits a symmetrical triangle breakout for a fresh bullish impetus. Key quotes “Trading volumes are likely to remain thin during

Pull-up Update