Category Archive: Finance, No picture
Morning Call For Monday, Nov. 12
Overnight Markets And News Dec E-mini S&Ps (ESZ18 -0.06%) this morning are down -0.09% in quiet trade with cash forex and Treasury trading closed in the U.S. today for the Veteran’s Day holiday. European stocks are down -0.44% and EUR/USD (^EURUSD-0.60%) fell -0.61% to a 16-month low on increased European political risks. GBP/USD is down -0.77% […]
BTC/USD Forex Signal – Monday, Nov. 12
Last Thursday’s signals were not triggered, as there was no bullish price action when $6,440 was reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be entered before 5pm Tokyo time today, during the next 24-hour period only. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the […]
E Trump’s Trade Restrictions Are Pushing China To Speed Up Its Economic Rebalancing
“China’s leaders have long known that the economy has outgrown the world market and is desperately in need of rebalancing. But, thanks to Donald Trump’s trade war, they are now pursuing that goal with a new sense of urgency, suggesting that US pressure may well end up being a blessing in disguise for China.” (Yu […]
Six Companies Growing Dividends For Shareholders
I review the list of dividend increases every week, in an effort to monitor existing holdings as well as identify companies for further research. In my weekly reviews on the blog, I usually focus on companies that have raised distributions for at least a decade, unless I already own shares of said companies. Over the past week, […]
Week Ahead: A Look At The Biggest News Expected This Week
Last week was an important one for the market mostly because of the US mid-term elections and the Federal Reserve. This week, the market may be relatively calm, with no major central bank expected to release its interest rates decision. This article will look at the biggest news that traders will look at this week. […]
USD/CAD Daily Analysis – Monday, Nov. 12
USD/CAD stays in a bullish price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.2782. As long as the price is in the channel, the uptrend could be expected to continue and next target would be at 1.3300 area. Key support is at 1.3048, only a breakdown below this […]
SAP Acquires Survey Company Qualtrics For $8B In Cash
SAP (SAP) and Qualtrics International announced they have entered into a definitive agreement under which SAP intends to acquire Qualtrics, provider of experience management software. Qualtrics’ XM Platform collects feedback and data across the four vital areas of a business – customers, employees, product, and brand. Under the terms of the agreement, SAP will acquire […]
AUD/USD Weekly Analysis – Monday, Nov. 12
AUD/USD pulled back to 0.7215 area. Deeper decline is still possible and next target would be at bullish trend line on the 4-hour chart. However, as long as the trend line support holds, the pullback could be treated as consolidation for the uptrend from 0.7020 and another rise towards 0.7340 is still possible after the […]
US Dollar Demise This December?
I’m not the only one warning you that the dollar will collapse and lead to global economic turmoil. In this scenario, investors would rush to precious metals and other currencies to escape further losses. Global trade would seize up because the majority of international contracts demand a dollar payment. Other assets would skyrocket. The worst-hit […]
Why The End Of The Longest Oil Bull Market Since 2008?
In the past two years, crude oil has steadily advanced, supported by global recovery. But in just 10 days, oil has posted the longest losing streak since mid-1984 – thanks to overcapacity and the Trump trade wars. Half a year ago, crude oil prices were expected to climb from $53 per barrel in 2017 to […]
