<p>CADJPY Daily Outlook – On Wednesday Trump said White House will ‘do something’ about Hong Kong issue by end of the week, U.S. Mortgage demand from homebuyers showed unexpectedly strong and quick recovery, as applications spike 9% from a year ago, the EU unveiled a plan to borrow 750 billion euros to aid economic recovery, [&helli
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Daily Commodity Outlook, May 28 2020
<h2></h2> <p><span>Asian stocks traded mixed on Thursday with HK stock tumbling amid HK tensions. Japan stock market continued the rally but U.S. futures are indicating a low open tonight. Secretary of State Mike Pompeo announced on Wednesday that the State Department no longer considered Hong Kong to have significant autono
Will Japan's $2.1 trillion stimulus send the Nikkei 20% higher?
<p> Prime Minister Shinzo Abe has doubled down on helping Japan combat the economic effects of the coronavirus by delivering the world's biggest stimulus package. On Wednesday 27 May, Abe's cabinet approved 117 trillion yen (roughly 1 trillion USD) worth of additional measures to keep businesses and households afloat. This brings th
NeoWave. Part 22. Progress labels and their application to flat corrections
I continue covering progress labels. Rules, proportions, position indicators, and progress labels in corrective patterns. Dear friends! In the previous articles, I covered progress labels in the impulse patterns. Today, I will explain the application of the progress labels to corrective patterns. If you are not familiar with the NeoWave theory, I r
Forex in June: the impossible is possible
The growth of global risk appetite, which looked incredible in April and unnatural in May, can continue in June In Forex, like in a casino, the most important is to stop at the right time. Based on the statistical analysis with fundamental components, I recommended exiting the EUR/USD and GBP/USD shorts at the end of May. Just […]
Analysis for oil, gold, and EUR/USD for 28.05.2020
USCrude – oil Target Zone 4 [34.17 — 33.42] is the strong resistance of the oil uptrend this week. As the price approached the zone, the volatility has declined. There is now forming a consolidation range. When the price breaks the consolidation range, it may further break out TZ 4 and reach TZ 5 [41.67 […]
Euro took a wise decision
The euro area will receive financial aid How to make so that both the wolves have eaten much and the sheep have not been touched? You should feed the predators before they reach their prey! The European Commission took a wise decision to issue bonds worth €750 billion with the maturity of 30 years. Before […]
Rakuten Securities Selects NICE Actimize’s AML Solutions
The anti-money laundering compliance platform protects and support its investor clients
Celsius Adds Tether Gold with 4% Interest on Custody
This came as the platform is planning to offer loans with gold as collateral.
BNPP AM Names Philippe Boulenguiez as Chief Operating Officer
Boulenguiez has been with the bank for 15 years.