Brent Crude – Has the Rally Run its Course?
Can oil continue to rally? Prior to the latest eruption in the crypto space, Brent crude (oil) was looking like the volatile player in the market but these moves pale in comparison. Oil prices have sprung back to life over...
Markets Going Nowhere ahead of G20, US & China Exchange Words ahead of Trump-Xi Meeting
The financial markets are generally in consolidative mode, awaiting the start of the two-day G20 summit in Osaka, Japan tomorrow. For traders, main focus will be on face-to-face meeting of Trump and Chinese President Xi Jinping. Hopes are high for...
How Monetary and Fiscal Policy Can Amplify or Stave Off Crises
Why financial market traders must monitor both monetary and fiscal policy: When trading financial markets, especially when there are concerns about a global economic slowdown, it’s essential to monitor both government fiscal policy and central bank monetary policy. When they...
China bond market: Dodgy numbers undermine ratings
By Rebecca Feng A borrower’s financials are a crucial element of any credit rating. Yet in China, ratings analysts privately complain that some of the financial statements being presented to them are either dressed up or entirely falsified, even though...
Elliott Wave Analysis: USD/CAD And OIL Facing Reversals!
USDCAD perfectly hit 1.3100 target for wave »v« and at the same time even a negative correlated market crude oil can be approaching 5th wave, so we would not be surprised if we see some reversals at least in three...
Crude Oil Price Rises After A Steeper Fall In US Investories
The price of crude oil rose in the Asian session after the EIA released inventories data yesterday. Data showed that there was a drawdown of more than 12 million barrels in the past one week. This was a bigger drawdown...
Yen & Swiss Franc Lower Again as Stocks Rise on Trade Optimism
Asian markets trade broadly higher on increasing “optimism” regarding US-China trade war. Some form of agreement is anticipated out of the Trump-Xi summit on Saturday to avoid further tariff escalation. Yen and Swiss France are trading as the weakest one...
Indonesian unicorn Bukalapak looks to possible expansion into the Middle East
People using their mobile phones on July 17, 2016 in Surakarta, Indonesia. Solo Imaji | Barcroft Media | Getty Images Indonesian e-commerce platform Bukalapak has expanded into five overseas markets in Asia since its founding in 2010 — and the...
Hong Kong kicks a green goal with $1 billion bond
Hong Kong makes no secret of its ambition to be an important regional centre for green finance – part of its quest to stay relevant through reinvention. So the arrival – at long last – of its first sovereign green...
Elliott Wave Analysis: EURAUD Aiming For 1.6200
As expected, EURAUD broke below channel support line and 1.6285 region, so seems like trend is bearish confirmed, and it can be unfolding a new five-wave bearish cycle towards 1.6200 level or maybe even lower. That said, be aware of...
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