Investors Eyeing Bitcoin Amid the Biggest Gold-Counterfeiting Scandal in History

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Jul 09 2020 @ 12:24

On June 29, 2020, ZeroHedge reported the biggest gold-counterfeiting scandal in modern history with 83 tons of fake gold bars discovered in Wuhan, China — equivalent to 22% of China’s annual gold production and more than 4% of China’s gold reserve as of 2019. A dozen financial institutions, chiefly trust companies or shadow banks, loaned 20 billion […]

 

Trading Pedia's Tutorial About Currency Trading

Jul 09 2020 @ 10:36
If you are interested in currency trading, then you should get familiar with every detail of the currency market. This way, you will know what to expect when trading currencies, what to look for and how to avoid rookie mistakes. Many investors quickly end up losing their money as they underestimate the importance of fully […]
 

ADVFN Morning London Market Report: Thursday 9 July 2020

Jul 09 2020 @ 05:23
London open: Stocks steady as Persimmon rallies, Rolls-Royce slumps London stocks were steady in early trade on Thursday following weakness in the previous session, with gains in the housebuilding sector helping to offset heavy falls from the likes of Rolls-Royce and National Grid. At 0840 BST, the FTSE 100 was flat at 6,154.16. Oanda analyst Craig Erlam said: “There’s […]
 

Guardian Stockbrokers Key Economic News Thursday 9 July 2020

Jul 09 2020 @ 03:45
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price balance advanced in June In the UK, the house price balance registered a rise to a level of -15.00% in June, compared to a level of -32.00% in the previous month. Markets were expecting the house price balance to […]
 

Thoughts on economic franchises - a Warren Buffett case study

Jul 08 2020 @ 10:07
For a book I’m working on I’ve been examining why Warren Buffett bought into American Express in the 1990s.  It is all about the quality of the economic franchises.  I thought it might be useful to describe the thought-process for identifying resilient economic franchises – the basis of Warren Buffett’s approach today. Warren Buffett versus Mr Market What […]
 

Derivatives Exchange Bybit Launches Largest Ever Bitcoin Trading Competition

Jul 08 2020 @ 08:33
One of the leading bitcoin derivatives exchanges has launched a trading competition for FX pros. Bybit’s World Series of Trading (WSOT) event has been designed to attract traders who normally operate beyond the confines of the crypto industry. Poker pros, forex traders, and HFT experts are anticipated to be among the participants to sign up […]
 

ADVFN Morning London Market Report: Wednesday 8 July 2020

Jul 08 2020 @ 05:24
London open: Stocks edge lower ahead of mini budget London stocks edged lower in early trade on Wednesday amid worries about a rise in coronavirus cases in the US and Australia, as investors eyed Chancellor Rishi Sunak’s mini budget. At 0845 BST, the FTSE 100 was down 0.2% at 6,175.54. Sunak is expected to announce […]
 

Guardian Stockbrokers Key Economic News Wednesday 8 July 2020

Jul 08 2020 @ 03:31
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price index dropped less than expected in June In the UK, the house price index fell 0.10% on a MoM basis in June, compared to a drop of 0.20% in the previous month. European Commission lowers economic growth forecast The […]
 

Pattern in S&P 500 Suggests That We Could See 6% Return

Jul 07 2020 @ 09:56
The S&P 500 is down as the Metropolitan area of Melbourne is locking down for six-weeks. The markets are also down on profit-taking. But the overall trend remains upwards for now, and I suspect we could see higher prices in days ahead. COVID-19 cases in Australia had overall been drifting lower with a daily high […]
 

FXCM Launches Zero Commission Fractional Shares

Jul 07 2020 @ 05:54
The minimum trade size of single stock CFDs is one-tenth per share increments. FXCM Group announced this Tuesday that it has expanded its offering by launching zero commission fractional shares, reducing the minimum trade size of single stock contracts for differences (CFDs) to one-tenth per share increments. All of the single stock CFDs offered by […]
 

MINING, OIL AND GAS

Gold to Hit $1,800 Mark as Inflation-Hedge Assets Gains Appeal: TD Strategists Declare

Jul 01 2020 @ 02:07
Gold remains range-bound around the $1,770 level for the better part of the European session and even now as we approach the close of the session. Meanwhile, strategists at TD Securities have opined that the yellow metal will likely surpass the $1,800 mark as inflation-hedge assets gain popularity. According to the strategists, gold is on […]
 

Premier African Minerals price analysis: PREM to continue its downtrend

Jun 22 2020 @ 00:16
Premier African Minerals stock (LSE:PREM) has recently undergone what could be called a roller-coaster movement. From January to February 2020, price moved sideways. From February to March, it moved downwards. From March to April, it moved sideways again. It went upward in May and has started coming down this June. The market is currently below […]
 

Favorable Conditions Surrounding Gold Could Send It to $1,765 in the Near-Term

Jun 18 2020 @ 09:47
Gold (XAU/USD) remains in a consolidation range around $1,724-30 as we head into the early hours of the European session. The yellow metal has recovered well from an intraday low on the back of fresh US-China tensions. Apart from the US-China disagreements, fears over a second wave of the Covid-19 outbreak are heavily influencing the […]
 

Silver Price: XAGUSD Upside Bias Stays Bullish Past $17.63 Level

Jun 11 2020 @ 07:02
XAGUSD Price Analysis – June 10 SILVER finished at $17.53 on Tuesday and lost $22.0 (-1.22 percent). That being said, in today’s session, Silver (XAG) is growing as anticipated while buyers are about to challenge upside barriers at the $17.90/$18.00 level. As the market is steaming up and trading high back to the days before. […]
 

GLOBAL NEWS

Lloyds Banking Group price analysis: LLOY may weaken further in the current consolidation

Jul 05 2020 @ 15:27

Lloyds Banking Group shares (LSE:LLOY) are currently moving sideways in a serious consolidation, and an expected breakout will favor bears when it does occur. From February to April 2020, price dropped massively, and it has been consolidating since then. Right now, price is closer to the lower Trendline and it may break it to the […]

 

EUR/CHF Resumes Uptrend, Targets Level 1.07000

Jul 01 2020 @ 02:24
Key Resistance Levels: 1.09000, 1.10000, 1.11000 Key Support Levels: 1.05400, 1.05200, 1.05000 EUR/CHF Price Long-term Trend: Bullish EUR/CHF pair is in an uptrend. A correction candle body tested the 0.382 Fibonacci retracement level. It indicates that the market will reach a low of 2.618 extension level. EUR/CHF’s first target will be at  level 1.618 Fibonacci extension level. […]
 

USD/JPY Retests Level 107.000, Resumes Downtrend

Jun 24 2020 @ 03:03
Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Ranging USD/JPY pair is currently on a downward move. The green correction candle body tested the 0.786 retracement level. It indicates that the Yen will fall to a low of 1.272 extension level. After reaching the target price, the market […]
 

GBPJPY Records Intense Selling for the Fourth Straight Session, Stays Beneath 132.00 Level

Jun 24 2020 @ 02:48
GBPJPY Price Analysis – June 21 In the last session, the GBPJPY cross lost some extra ground and slipped to new monthly lows while staying beneath the 132.00 level. The collapse was supported by the strongly offered tone encircling the British pound which accompanied the last session’s policy decision by the Bank of England (BoE). […]
 
 
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