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Eur looked pretty stronger yesterday even after the release of FED data. As the data remained neutral, we are not expecting any kind of turbulence. As of near term outlook, EUR may outburst above 1.1800 mark, yet it will fall below 1.1750 mark eventually. We are not expecting any...
All eyes are on Singapore. It was a tough road getting here, with the much-anticipated meeting between the US President Donald Trump and North Korean leader Kim Jong-un called off and resuscitated as recently as a month ago. Both leaders are famously touchy and known for acting erratically on...
When the Bank of America’s strategists sat down to compile their report for the week ahead, they certainly weren’t short of things to talk about. This week, there are presidential meetings, G7 reactions, Brexit decisions, interest rate hikes and more trade tariffs – enough to potentially shape the world’s...
News broke this weekend of an attack on a South Korean cryptocurrency exchange, sending the price of bitcoin and other altcoins spiralling. Coinrail confirmed the security breach in a tweet and later posted more details on their website. Hackers have reportedly stolen about 30 per cent of the coins traded...
Following the United States’ withdrawal of its endorsement for the G7 communique, an online war of words led by U.S President Donald Trump against his Canadian counterpart triggered a clarification from Justin Trudeau’s office claiming that the Prime Minister had strongly stood by his nation’s uniform policy and was...
USD/CAD pair is one of the most popular and it closely is related to the crude oil price because of large number of oil refining companies based on Canada. CAD unemployment data is one of the most crucial points that plays key role to tune up the tone of...
Yesterday, Apple’s Senior VP of Software Engineering, Craig Federighi, addressed an auditorium of eager Apple fans at the World Wide Developers Conference 2018. On the auditorium screens, Federighi demonstrated one of the new features of the upcoming iOS 12: the ScreenTime feature. The app gives users data on how...
It’s been a week of disappointing news for those who want to totally outsource decision-making while behind the wheel. The autopilot feature on a Tesla car that crashed and injured two earlier this month caused the vehicle to accelerate in the seconds before impact, a police report reveals. On the 11th...
Empty supermarket shelves, assembly lines paused and airports bereft of fuel – these are just some of the consequences of Brazil’s truckers’ strike this week. For three days, truckers across all 27 Brazilian states created blockages on major roads to protest rising diesel prices. Yesterday evening, Brazil’s state-owned oil...
As companies across Europe tighten up their processes ahead of the implementation of GDPR tomorrow, Facebook remains relatively sanguine on the subject of its infamous data breach. The General Data Protection Regulation (GDPR) is a robust EU directive that dramatically restricts what information companies and organizations can gather about European...