Following the European Central Bank's (ECB) decision to leave its interest rates unchanged, Christine Lagarde, President of the ECB, is responding to
Blogs
Canada: The loonie ignores GDP – TDS
Industry-level GDP was unchanged in February (market: 0.1%) on a muted performance across both goods and services. Unsurprisingly, stale data was igno
Pessimism ahead of the US Oil giants earnings
<p>The major Oil companies are reporting earnings on Friday for Q1 earnings. Both ExxonMobil and Chevron will be in the spotlight due to the fact that other than the pandemic, in the quarter ending March 31, we have seen one of biggests decline in the history of Energy market due to the Price war between […]
US Data Slumps Again
<h3>USDJPY, H1</h3> <p>US initial jobless claims fell -603k to 3,839k in the week ended April 25 following the -795k drop to 4,442k in the April 18 week (revised from 4,427k). The 4-week moving average declined to 5,033k versus 5,790k (revised from 5,786.5k). Continuing claims increased 2,174k to 17,992k in the April 18 week after
APPLE Q2 Earnings Preview 2020
<h3>APPLE, Daily & Weekly</h3> <p>The world’s largest company, APPLE (APPL), report their 2nd quarter earnings ending March 31st after the close of the New York stock market on April 30th. The consensus among analysts is for revenues of $53.8 billion versus $58 billion in Q2 2019 and earnings per share (EPS) of $2.23 versu
Gold Analysis – 30 April 2020
<h3>XAUUSD, H1</h3> <p>• World Gold Council reports 80% year-on-year rise in first-quarter investment demand (MarketWatch)</p> <p>• Yamana Gold (NYSE: AUY) declares $0.015625/share quarterly dividend, a 25% increase from the prior dividend of $0.0125. (Seeking alpha)</p> <p>• The Federal Reserve is committe
AMAZON – Finding opportunity in crisis
<p><strong>Amazon</strong> (AMZN), one of the three Wall Street giants with a market value over $1 trillion (along with Microsoft and Apple) will report its earnings for the first quarter 2020 after the US market is closed. It’s worth noting that Amazon is a gigantic company, with its stock at record highs despite the C
Modified Advance Decline Line MT5 Indicator
<p>Modified Advance Decline line indicator is a modified <a href="https://www.mql5.com/en/code/20796" target="_blank" rel="noopener noreferrer">ADL (Advances/Declines Line)</a> trend indicator. It compares the difference between symbol chart increase and decrease moments within a certain time period.