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Hudson
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birthday 22 Jul Birth

European Shares Seen Lower Ahead Of Georgia Election

European stocks are likely to open lower on Tuesday, as investors keep an eye on today's runoff elections in Georgia and brace for post-holiday surge in Covid-19 cases as the new variant of the virus first identified in the United Kingdom continues to pop up around the globe. Voting in the two Georg

First Majestic Looking To Outperform In 2021

First Majestic Silver (symbol: $AG) is one of the purest Silver miners in the market. It’s one of the best primary silver producers with healthy balance sheet and ample cash flow. This year, one of the most prominent mining and billionaire investors Eric Sprott has invested C$ 78 million to get a 2.

USD/JPY seesaws near 103.00 despite chatters over Japan’s complete ban on foreign arrivals

USD/JPY sellers attack the lower end of the 103.10-25 trading range. Risks struggle for direction amid vaccine hopes, fears of virus strain and Georgia election runoff. US-China tussle, threats from Iran can add to the risk-off mood. A lack of major data/events keeps risk catalysts on the driver’s s

Fed's Mester says monetary policy will remain accommodative for 'quite some time'

(Reuters) - U.S. economic growth could surge later this year if most Americans are vaccinated against the coronavirus, but the gains would unlikely be enough for the Federal Reserve to pull back its support, Cleveland Fed President Loretta Mester said on Monday. Even if the vaccines help people feel

Why copper's stall is ominous

Copper prices are up 75% since cratering in March at $1.97 a pound. Since ‘doctor’ copper, with a supposed PhD. in economics, has a reputation for accurately predicting growth trends, does this mean a global boom is at hand? This seems most unlikely, given the vast expansion of public debt used to t

EUR/USD Drops Into The Year-End

The euro currency was down over 0.63% into the yearly close. The declines come amid thin trading and the US dollar posting a modest rebound. The euro currency has been consolidating near the rising trend line over the past few days. While price action was making modestly higher highs, the pace of ga

The week ahead: US employment, Fed and services PMI's in focus

1) US employment report – 08/01 – one of the most encouraging things about the rebound in the US economy in recent months has been the slide in the unemployment rate from its peaks in April of 14.7%, to 6.7% in November. However, this rather disguises the fact that the participation rate has also fa

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,

Bitcoin trading at $32,990, off Sunday record high of $34,800

TOKYO (Reuters) - Bitcoin was trading at $32,990 in Asia on Monday, after soaring to a record high of $34,800 on Sunday. The digital currency has advanced some 800% since mid-March as more traders and investors bet it is on its way to becoming a mainstream payment method. The latest milestone for th

REVIEW - Swissquote CFD Broker

Photo: Google Image Overview Swissquote is a forex trading site that operates under Swissquote which also offers banking services. The forex trader was established in the year 1996 and with the many years in the business, it has created a strong name for itself in the forex sector. Trading Accounts

EUR/USD consolidates yearly gains, retaining its bullish stance

EUR/USD gives up some ground after reaching a fresh 2020 high on Wednesday at 1.2309. The pair is quiet in ultra-thin market conditions as the world celebrates Year-End but the rally is set to continue, according to FXStreet’s Chief Analyst Valeria Bednarik. Key quotes “The US has just released Init

REVIEW - FreshForex CFD Broker

Photo: Google Image Overview FreshForex is a popular Forex broker among many traders, as it provides good conditions for trading stocks, silver, gold, futures and currency pairs. Its important advantage is its considerable experience. This brokerage company has been carrying out professional activit

Dollar trampled as riskier assets rally on U.S. stimulus hopes

TOKYO (Reuters) - The dollar slumped to multi-year lows against many currencies on Wednesday as currency traders looked past a new delay in U.S. stimulus cheques and maintained bets that additional financial aid was still likely. The greenback hit its weakest level in more than two years against the

Indonesia Stock Market May Run Out Of Steam On Wednesday

The Indonesia stock market has tracked higher in back-to-back sessions, collecting almost 25 points or 0.4 percent along the way. The Jakarta Composite Index now rests just above the 6,035-point plateau although the rally may stall on Wednesday. The global forecast for the Asian markets is soft as t

ETHUSD $680.00 Strong Support

Ethereum looks set for further gains this week, although the second-largest crypto may need to attract bulls at lower levels before it heads higher again. Technical analysis shows that the strongest form of technical support for the ETHUSD pair is found at the $680.00 level. Traders are likely to us

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