Coronavirus: The Asian Development Bank boosts aid for trade
Kenji Yuhaku, senior strategy, policy and partnerships adviser at the Asian Development Bank First in, first out? When China posted a sharp fall in new cases of Covid-19 in early April, followed by South Korea, some people began to hope....
Aussie and Yen Ended as Strongest as Conoslidative Markets Remained Indecisive
The unimaginable negative oil price was the biggest head-liner last week. But the impact on other markets were relatively short lived. Canadian Dollar was much bothered for most of the week, but eventually it’s just the second worst performing, following...
Weekly Economic and Financial Commentary: Throw Out the Textbook
U.S. Review Throw Out the Textbook Oil prices went negative for the first time in history on Monday as the evaporation of demand collided with a supply glut. In the past five weeks, 26.5 million people have filed for unemployment...
Forward Guidance: Surveying the Damage
While GDP tends to draw more attention in normal times, the most relevant economic data next week will be timelier survey readings that better capture the economic damage being done by COVID-19 containment measures. In Canada, a full month of...
The RBA’s Target Cash Rate is Likely to Hold at 0.25% Until End 2023
On Tuesday the Reserve Bank Governor Lowe made a major speech where he outlined the Bank’s key economic forecasts. These forecasts are based on the Bank’s central outlook for the policy response to the Covid Crisis whereby domestic shutdowns are...
Silver isn’t the Shiniest Metal, But It Still Looks Good
If traders are weary of buying XAU/USD near recent highs, a better setup may be in XAG/USD! When most people think of a beautiful, shiny metal, usually the first one to come to mind is Gold. The same can be...
US says hedge funds, private equity firms are not eligible for small business relief loans
The Small Business Administration said Friday that hedge funds and private equity firms are ineligible for the small business relief program. The move comes after reports that hedge funds had applied for the first round of the Paycheck Protection Program. That...
These 17 states are already paying gig workers and self-employed Americans unemployment
As the number of Americans without jobs continues to rise, more states are providing unemployment benefits to gig workers and those who are self-employed. About 4.4 million new workers applied for unemployment in the week ending April 18, bringing the...
Trump signs $484 billion coronavirus relief bill to boost small business, hospitals and testing
President Donald Trump signed a $484 billion coronavirus relief package into law Friday as Washington plans the next steps in its unprecedented attempt to rescue an economy and health-care system bludgeoned by the pandemic. The measure puts $370 billion into...
Discover card CEO details shocking drop in consumer spending with travel category down 99%
A man wears a gas mask as he travels in a flight from Miami to Atlanta in Miami, on April 23, 2020. Chandan Khanna | AFP | Getty Images It’s clear that Americans have slowed their spending drastically as many...
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Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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