North Korea could target Southeast Asia’s vulnerable crypto sector, says defense think tank
North Korea’s cyber capabilities and financial networks pose a threat to Southeast Asia’s growing, yet vulnerable, cryptocurrency sector, according to British defense and security think tank Royal United Services Institute. North Korea has been heavily sanctioned for years by the...
EURUSD Sets Up To Extend Recovery Threats
EURUSD sets up to extend recovery threats as the pair still retains its upside pressure. Support comes in at the 1.1250 where a violation will turn risk to the 1.1200 level. A break below here will target the 1.1150 level....
Analyst Dick Bove: The war is over and the bankers have won
The House Banking Committee held a hearing on Wednesday to discuss the financial stability of the nation’s biggest banks. It requested the presence of the top CEOs to field questions on their finances. However, virtually no queries were posed on...
How to Create a Trading Plan in 7 Steps
Trading Plan – Main Talking Points What is a trading Plan? How to create a trading plan Trading plans: A Summary What is a Trading Plan? A trading plan is essentially a framework that guides traders through the entire trading...
Yields Surged, Yen Tumbled on Receding Global Risks
The financial markets were generally dominated by positive sentiments last week. Major global economic risks seemed to be receding generally, even though some uncertainties remain. The development was best seen in the strong rally in treasury yields. US 10-year yield...
UK parliament ‘very likely’ to consider new Brexit referendum, says British finance minister
The idea of a second Brexit referendum is very likely to be put before Britain’s parliament again although the government remains opposed to any new plebiscite, the British finance minister said on Friday. Philip Hammond said he hoped parliament would...
G-20 chiefs: World economic growth to revive later this year
The global economy is likely to pull out of a brief growth slump later this year — with a little help from the world’s central banks and from U.S. and Chinese trade negotiators. Global finance leaders gathered from the spring...
China Weekly Letter: More Signs of Recovery, Roadblock Cleared for Trade Deal
Recovery signs continue as exports, car sales, credit and money growth all revive in March IMF lifts the 2019 growth forecast for China from 6.2% to 6.3% US and China clear an important roadblock in trade talks as the two...
Weekly Economic and Financial Commentary: No Need for the Fed to Budge
U.S. Review No Need for the Fed to Budge Inflation picked up in March, with the CPI rising 0.4% and strengthening to 1.9% yr/yr. The trend in inflation remains tame, however, with consumer prices ex-food and energy edging down to...
Forward Guidance: Data Deluge Will Help Set Growth Expectations
Data deluge will help set growth expectations – but the Q1 Business Outlook Survey to take centre stage A heavy flow of economic releases will help set the tone for near-term growth expectations in Canada. But the Bank of Canada’s...
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