Fed chief Jerome Powell says an extended government shutdown could start to show in economic data
A prolonged government shutdown could have a negative impact on the U.S. economy, Federal Reserve Chairman Jerome Powell said Thursday. “In the short term, government shutdowns don’t last very long. They typically have not left much a market on the...
How to Become a Better Trader: Psychology and Process |Podcast
Key Points Covered in This Podcast How simplifying your strategy can pay off Considering the market’s reaction to news flow rather than the news itself Developing a disciplined approach Not all emotion is bad When looking at how to become...
Dollar to Take a Special Look at US CPI
Since it is uncertain how long the impasse over funding Trump’s wall will keep parts of public services closed in the US including the Bureau of Economic Analysis, which is responsible to update the core PCE index, the core CPI...
Powerful Reversal Pattern on USD/JPY Points Towards 108.4 Area – Elliott Wave Analysis
USDJPY is showing us a three-wave corrective decline called a flat correction, because of only three legs within the first wave »a« and the second wave »b«. We see this correction as completed, especially after that sharp bounce out of...
BREXIT: Corbyn Readies No-Confidence Motion Ahead of Next Week’s Meaningful Vote
The debate over Theresa May’s Brexit deal is careening toward a dramatic conclusion ahead of the scheduled Parliamentary vote on Tuesday. In the latest act in Brexit’s Shakespearian tragedy, Labour leader Jeremy Corbyn has stepped up calls for a general...
Stocks Appear Poised to Snap Five-Day Rally
The stock market rally could be ripe for a pullback after recovering almost one-third of slump we saw in the fourth quarter. Today’s weakness is being attributed to poor holiday sales from Macy’s and concern over what will be the...
Forex Markets Turn Mixed as Stocks Rebound Fade, More Fed Speaks Ahead
The forex markets is rather mixed today, partly thanks to fading momentum in global stock rebound. Australian Dollar is so far the strongest one for today. Dollar follows as second strongest, paring some of yesterday’s losses. Yen is the third...
Trustology tries to bring security to crypto investing
As entrepreneurs seek to improve institutional-grade custody and security for trading in crypto assets, conventional financial market participants remain suspicious. NOTE: Do you want to trade at forex professionally? trade with the help of our forex robot developed by our...
FOMC Minutes Reveal Dovish Notes Which Were Hidden in December
To us, the message conveyed in the FOMC minutes for the December meeting was somehow different from those at the post-meeting press conference. From the post-meeting statement and Chair Jerome Powell’s speech, we judged that the Fed turned a bit...
Nasdaq Dubai launches Saudi futures in bid to diversify investor offering
The Nasdaq Dubai has launched futures trading on shares of 12 Saudi Arabian companies, its first single stock futures outside of the United Arab Emirates. The move aims to diversify financial offerings to regional and international investors, allowing them to...
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