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Japan’s Kato: Working towards making decision on state of emergency on Thursday

Japan’s Chief Cabinet Secretary Katsunobu Kato said on Tuesday, the government is working towards making a decision on announcing a state of emergency this Thursday. Additional comments “Focus will be on lowering transmission risks at dining, drinking establishments.” “Has strong concerns on the lat
Is the Gold Rally of 2021 Starting?  #Goldboom##marketoutlook2021##technicalanalysis#
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China's Manufacturing Growth Moderates In December

China's manufacturing sector growth moderated at the end of 2020 as output and new work logged slower expansions, survey results from IHS Markit revealed on Monday. The manufacturing Purchasing Managers' Index fell to 53.0 in December from 54.9 in the previous month. The score was also below economi

Wall Street next week: Will bad news still be “good news” in 2021?

1. WILL BAD NEWS STILL BE “GOOD NEWS” IN 2021? (Bring on more Stimulus packages!) 2. Despite market record highs we do not see GOOD JUSTIFIED FUNDEMENTALS (Fed accommodation, Vaccines & Stimulus Packages vs SP500 22-26X earnings). 3. Our recommendation is maximum portfolio protection into Februa

FOREX-COVID-19 proof risk sentiment drags dollar near 2018 lows

* Dollar softens against most majors; virus worries lift yen * China's yuan soars * Focus turns to Georgia Senate race * Europe waits for new batch of PMIs By Julien Ponthus LONDON, Jan 4 (Reuters) - The U.S. dollar held near mid-2018 lows on Monday as bullish sentiment across global markets prompte

Forex Weekly Outlook: Will the US Dollar rebound?

A difficult and challenging 2020 is finally over. Covid-19 hasn’t yet been brought under control, but there is renewed optimism as vaccine inoculations against the pandemic are underway. It was a miserable year for the US dollar, and it’s far from unclear if the New Year will bring any relief to the

EUR/USD Forecast: The year changed, but not the trend

EUR/USD Current Price: 1.2216 Financial markets will slowly return to normal in the next few days. US indexes finished the year at record highs, undermining the dollar’s demand. EUR/USD is technically bullish despite the latest near-term corrective decline. The EUR/USD pair eased Thursday ahead of a

GLOBAL ECONOMY-Asian factories shake off COVID-19 hit, tighter controls cloud outlook

* China’s private PMI expands in Dec but pace moderates * Factory activity rises in Japan, S.Korea, Taiwan * Tougher COVID-19 control steps cloud Asia’s recovery prospects TOKYO, Jan 4 (Reuters) - Asian factory activity expanded moderately in December thanks to robust demand in regional giant China,

FOLLOWME TOP 10 HIGHLIGHTS in 2020

A GLIMPSE INTO WHAT WE WERE UP TO FOLLOWME has grown incredibly rapidly. In 2020, we reached 659,613 users, amidst other highlights such as new product releases, reports, contests and other events. It’s been an amazing year. To celebrate, here’s a countdown of the top 10 moments and conversati

Trump to forgo New Year's Eve in Florida for early return to Washington

WEST PALM BEACH, Fla. (Reuters) - U.S. President Donald Trump on Thursday was due to fly back to Washington a day earlier than planned, as he continued his fight with Congress over a defense bill and stimulus checks as well as a long-shot bid to overturn his November election defeat. Slideshow ( 2 i

Dollar Index: Chicago PMI Expected

Later today, the Market News International will report Chicago PMI for December (56.3 expected). The U.S. Commerce Department will release November wholesale inventories (+0.6% on month expected). Pending home sales will also be published. From a technical point of view, on a daily chart, Dollar Ind

Midday update for Gold 21-12-2020

Gold price bounced downwards strongly after attempting to surpass 1900.00 barrier, to break 1875.00 level strongly and heads to suffer more expected losses in the upcoming sessions, and we prefer staying neutral until trades settle to detect the next trend clearly. Note that stepping above 1875.00 w

EUR/USD refreshes 32-month high, teases 1.2300 amid hesitant progress of US stimulus

EUR/USD prints three-day winning streak while crossing the multi-month high. US Senate Leader Mitch McConnell puts forward the bill for $2,000 paycheck despite obstructing it earlier. US Treasury Secretary Steve Mnuchin announces the release of $600 stimulus payment, Colorado marks the first case of

Trump administration appeals court order blocking TikTok restrictions

Washington, D.C. / Hong Kong (CNN Business)The Trump administration isn't giving up on its campaign against TikTok just yet. The US government on Monday appealed a decision handed down by a federal judge earlier this month that prevented authorities from fully implementing its restrictions against t

Sensex, Nifty Post Fresh Record Highs As Market Extends Gains To 5th Day

The Indian stock market ended on a high note on Tuesday, extending gains to a fifth straight session, as investors continued to pick up shares, on positive global cues. Encouraging news on U.S. stimulus front and the latest update on post-Brexit trade deal between European Union and the U.K. helped

Pull-up Update