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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Japan Jibun Bank PMIs First reading below 50 since 2016 Prior was 52.8 Composite 49.1 vs 49.8 prelim Prior composite PMI 51.1 The sharp drop in this index is a result of the devastating Typhoon Hagibis at the start of October. However with the consumption tax hike, there is a risk of continue weakness. “It
Later today, ECB Pres. Lagarde will be speaking The US factory orders for September will be released at 10 AM ET today. The expectations are for -0.4% vs a -0.1% loss in August.  Part of factory orders is Durable goods orders which had the preliminary report released back on October 24th. That report showed a
The election will take place on December 12 Bank of America Merrill Lynch Global Research discusses GBP outlook ahead of next month’s UK elections. “Are we finally heading for some closure on phase 1 of Brexit? Possibly but not certainly. The House of Common‘s last night authorised a 12 December UK general election. Assuming the legislation
Highlights of the October US employment report: Prior was +136K (revised to +180K) Estimates ranged from +25K to +140K Two month net revision +95K Unemployment rate 3.6% vs 3.6% expected (prior 3.5%) Participation rate 63.3% vs 63.1% exp (63.2% prior) Avg hourly earnings +0.3% m/m vs +0.2% exp Avg hourly earnings 3.0% y/y vs +3.0%
Cryptocurrencies may be the tulips of our time. Investors are mad for them the way the Dutch were in the 17th Century. Yet unlike lovely flower bulbs, there’s nothing behind the digital currencies, sold in “initial coin offerings” (ICOs). Just the vapor of promises that you’ll somehow get rich overnight. According to The Quartz Index,
Bitcoin prices have been trading range-bound above $7,000 lately. Shutterstock Bitcoin prices have been trading north of $7,000 since breaking through that key price level earlier this week. However, what does this mean? “The price action these past few days has indeed been encouraging,” stated Mati Greenspan, senior market analyst for social trading platform eToro.  The digital