Knowing how to control emotions while trading can prove to be the difference between success and failure. Your mental state has a significant impact on the decisions you make, particularly if you are new to trading, and keeping a calm demeanor is important for consistent trading. In this piece, we e
The Wall Street Journal (WSJ) carries a gated story on Wednesday, citing that the US Treasury Department imposed sanctions on a Chinese state-owned company, accusing it of helping build a military base for Beijing in Cambodia.
“The US blacklisted China’s state-owned Union Development
Unemployment from the UK and economic sentiment from Germany are due on Tuesday, headlining a busy day for the European economic news.
At 2.00 am ET, the Office for National Statistics releases UK labor market statistics. The jobless rate is forecast to rise to 4.1 percent in July from 3.9 percen
While speaking to media during the late-Thursday evening in the US, early Friday morning in Asia, the American President Donald Trump stayed firm against China. In doing so, the Republican leader turned down the hopes of any relaxation to the ByteDance owned app company TikTok after the parent talke
European indices aren't doing a whole lot at the open
Germany DAX +0.1%
France CAC 40 flat
UK FTSE flat
Spain IBEX -0.1%
US futures got a bit of a warning shot in the past hour and that is leaving for more cautious tones as we get the session underway. AstraZeneca shares are down 2
Daily Pivots: (S1) 139.36; (P) 140.18; (R1) 140.76;
GBP/JPY’s break of 138.24 support confirms short term topping at 132.71. Intraday bias is now back on the downside for 38.2% retracement of 123.94 to 142.71 at 135.53. Reactions from there would decide whether whole rise from 123.94 has completed.
The pound came under heavy Brexit-related pressure during the London morning, while the dollar and yen outperformed their peer group. Stock markets in Europe and U.S. equity index futures tumbled, while Asian equities mostly closed higher. Cable dropped over 1% in pegging a four-week low at 1.3023,
Oil futures declined on Friday, with the U.S. benchmark ending below $40 a barrel for the first time since early July, contributing to a loss for the week as concerns over prospects for demand, losses in the stock market, and strength in the U.S. dollar pushed prices to their lowest since July.
The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day slide in which it had stumbled more than 240 points or 2 percent. The Taiwan Stock Exchange now rests just beneath the 12,640-point plateau and it's looking