Tuesday, October 16, 2018
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Today, Ecommerce giant Amazon launched its next attempt to conquer more of the retail market this morning. Not content with dominating the online shopping domain, Amazon announced on its dedicated Day One blog the opening of its first ever Amazon 4-star shop. The flagship store, situated in New York’s SoHo,...
Technical outlook for Crude Oil Key might have been found at $74.08 and spot price is 71.89 and it has started to show a downward momentum. Though, a FED meeting is due tomorrow and there is a definitive chance of technically bearish USD to move further downward. It might certainly...
Ripple (XRP) is a crypto currency developed by Ripple Labs and it is a Bitcoin rival. It is has recently shown significantly record-breaking highs and it is now 84% up in just 4 days. While writing this report, Ripple is being traded at 56 cents. As Ripple Labs Executive...
GBP sliding with Negative Brexit move, Dollar tumbling ahead of FED meeting, Dow and S&P500 reached record highs NAFTA and Brexit negotiation has taken a turn for the worse, NZD went bullish, Kiwi fate placed in the hand of RBNZ Dollar is breaking down, tumbling and twisting ahead of...
Recent bearish crypto market might seem to be lucrative for the crypto buyers, as the prices are on the edges. Yet, it might not have been the right time to purchase crypto. Unless, we have something solid, crypto trading is too risky. Whenever, we are looking at the charts,...
Asian Stocks Up, Despite Trade War Tensions- AUD Gets the Best of Chinese PM’s Comment on Yuan price Mostly, all of the Asian stocks rose on September, 18th, 2018. The bank of Japan Leaving monetary policy alone China said that the Yuan would not be devalued Eyes on UK inflation...
Tumbling Japanese Yen facing deadly downward spell, as Nikkei 225 went bullish In the last week, the Japanese Yen was the worst performing currency in the forex market, with a GBP/JPY upsurge of 2.8% EUR/JPY could open up the July high, 131.99 USD/JPY is raising, yet it might not...
Across the Forex landscape, it was truly a big morning today with big data coming up from all over the world. We have received rate decisions from UK, Europe and Turkey. Morning market was highly volatile, driven by US August Inflation and disappointing CPI as well as PPI report....
A BOE meeting is due in September 13th and we are watching a little space of uplift for the GBP-USD pair. Right now, when the report is being written, the GBP-USD is traded around 1.3010, winding upwards. While the crawling of the USD pressure is growing and IG sentiment...
Although there is a “record breaking hike” of “small business confidence”, S&P 500 is not responding to the readings. Job creation and job openings were always contributing factors, yet market remains unresponsive. Consumer Confidence survey is due in Friday. The NFIB Index Reports The NFIB index has been jumped to a...