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PM Irlandia Martin: Kemungkinan Penutupan Konstruksi Dan Manufaktur Akan Ada Dalam Agenda

Kemungkinan penutupan sektor konstruksi dan manufaktur akibat virus corona akan ada dalam agenda rapat kabinet pada hari Selasa, kata Perdana Menteri Irlandia Micheál Martin, kepada Reuters. "Pada akhir Februari, kita akan bisa menampung 75.000 orang dalam fasilitas perawatan jangka panjang dan

USD/CAD steady as Mfg. PMI rises

The Canadian dollar is slightly higher on the first trading day of the year. Currently, USD/CAD is trading at 1.2748, up 0.11% on the day. Canada Manufacturing PMI climbs The week has started off on a positive note, as Manufacturing PMI rose to 57.9 in December, up from 55.8 beforehand. This marked

USD/CNY: Chinese yuan hits highest since June 2018

Yuan extends the 2020 rally to hit a 31-month high. The Chinese currency has gained over 1% in the first two trading days of the year. The Chinese yuan (CNY) has begun the new year with a bang, rising to fresh multi-year highs against the US dollar. At press time, the yuan is trading at 6.4311, the

UPDATE 1-Brazil posts 2020 trade surplus of $51 billion, up 6% from year before

(Adds detail, forecasts) BRASILIA, Jan 4 (Reuters) - Brazil posted a $51 billion trade surplus last year, official figures showed on Monday, a 6% increase from the year before as the COVID-19 pandemic hit imports harder than exports. Latin America’s largest economy exported goods worth $209.9 billio

Gold Price Analysis: XAU/USD extends daily rally beyond $1,940

XAU/USD is up more than 2% on Monday. Technical breakout seems to have attracted gold bulls. Correction could be on the cards before further upside. The XAU/USD pair opened sharply higher on the first day of 2021 and preserved its bullish momentum with the technical breakout attracting more buyers.

Futures Suggest Wall Street To Open Broadly Down

On the last day of trading in 2020, the shares are projected to open broadly lower, as indicated by the U.S. Futures Index. Asian stocks closed mixed, while European shares are trading down. As of 8.05 am ET, the Dow futures were declining 31.00 points, the S&P 500 futures were declining 2.50 po

Tech, cross-border activities set to drive Asia M&A next year

HONG KONG (Reuters) - Coronavirus-spurred growth in the technology sector will help drive M&A activity in the Asia Pacific next year, bankers and lawyers predict, with the potential easing of Sino-U.S. tensions likely to revive Chinese outbound investment. Deals involving Asia Pacific firms tota

Where Did You Gold? - Gold Price Has More Room To Rise In 2021.

Illustration photo of Gold Price H4 Chart from Economies.com Today is the last trading day of 2020. Before this year, gold still rose by more than 24%. The price of gold continued to fall after reaching a historical high in September. As cited by Economies.com, the gold price rose significantly yest

South Korea Industrial Production Climbs 0.3% In November

Industrial output in South Korea rose a seasonally adjusted 0.3 percent on month in November, Statistics Korea said on Wednesday - shy of expectations for an increase of 0.8 percent following the 1.2 percent contraction in October. On a yearly basis, industrial production gained 0.5 percent - again

USD/TRY: Rebound Expected

Pivot (invalidation): 7.4050 Our preference Long positions above 7.4050 with targets at 7.4680 & 7.5000 in extension. Alternative scenario Below 7.4050 look for further downside with 7.3750 & 7.3500 as targets. Comment The RSI calls for a rebound.

Asian Markets Mostly Higher After Trump Signs COVID Relief Bill

Asian stock markets are mostly higher on Monday despite the absence of fresh cues from Wall Street, which was closed on Friday for the Christmas Day holiday. Investor sentiment received a boost after U.S. President Donald Trump signed a coronavirus relief and government spending package into law on

Chinese banks to feel fund-raising pain as investors fear bad loans

BEIJING (Reuters) - Chinese banks are expected to face headwinds raising funds next year as profit-conscious investors cling to the sidelines, expecting a wave of bad loans to hammer the sector and erode already slimming margins. The sector is ending its worst annual performance in years after putti

Silver consolidates above $25.50 and eyes further gains

Spot silver prices continue to trade with decent gains above $25.50 and eye a move towards $26.00. A weakening dollar and rising inflation expectations have given precious metals a boost on Wednesday. Spot silver (XAG/USD) prices are consolidating just the north of the $25.50 mark and have maintaine

Trump Urges Congress To Amend COVID Relief Bill By Hiking Stimulus Payments

President Donald Trump has urged Congress to make amendments to the $900-billion coronavirus pandemic relief Bill it passed on Monday, with a steep hike in stimulus payments. The House and Senate passed a coronavirus relief bill late Monday night, along with legislation to fund the government throug

IS Prime Extends Liquidity Distribution via FDC’s Condor FX Pro

Photo: Brokers need a solid back up for the times when they suffer from technical problems FCA-regulated prime brokerage and execution venue IS Prime has partnered with FDC to extend its multi-asset liquidity distribution using FDC’s Condor FX Pro trading platform. The combined effort will leverage

Pull-up Update