Wisepowder 的博客 -- 9月 2020 存档 (46)

New Psychological Resistance of 2,000 Dollars for Go

Last week oil market closed once again with no major news, continuing to fluctuate below $45 a barrel despite production cuts.To get more news about https://www.wikifx.com, you can visit wikifx official website.

　　According to reports from Reuters, some OPEC+ members should have made cuts in the excess part of overall production. This is the case of Iraq and Nigeria and in some ways…

Why is Alibaba planning to pour S$3 billion into Grab?

Recent reports about Alibabas US$3 billion investment into Grab has raised speculation about the terms of the investment as well as the merits and the challenges of this potential major tie-up.To get more news about https://www.wikifx.com, you can visit wikifx official website.

　　The Alibaba Group has long desired to become a global brand.

　　Speaking at the World Economic…

Unveil Reasons of USD Bounced up After Releasing Federal Reserve Board Minute

The US Dollar Index bounced up by around 1% after releasing the minute of Federal Reserve Board on 19 Aug, breaking the record high since this March. The minute shows that the board tends to adopt more dovish approach in monetary policy. Yet, Why did the US Dollar Index make such a big bounce-up, driving those non-US dollar or even precious metal down？To get more news about…

Buy Setup Taking Shape

There is a good strong buy setup portending for this pair as market participants seem bullish on a slow motion soaring euro and somehow ease back measures and slow recovery of some of the Euro block members.

　　Also, the Euro is gaining traction as uncertainties looms on brexit talks and uncertainties if London will try to have its way by changing timeline pacts.To get more news about https://www.wikifx.com, you…

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The Vulnerable Sterling

Recently, the sterling suffered a sharp loss in the wake of the fact that the UK-EU trade talks are teetering on the brink of collapse. It comes because the UK is preparing to legislate to deal freely with Northern Ireland's freight under the expectation that a trade deal with the EU is beyond reach. Once it succeeds, products from Northern Ireland will have unfettered access to the UK's market without any customs declarations as the UK has the power to decide…

Break Of August Strong Support Level Breached, Good Sell Opportunity

Since start of the trading session month of September, market participants have been toying, testing the low level of the previous monthly trading session which is the month of August. And even at one point nearly breached to pass past that low level but seems buyers held fort and rallied the price up with a huge momentum to this month trading session open price level.To get more news about…

Over the last few weeks, the rand (ZAR) has strengthened considerably against some top currencies, namely the dollar (USD), euro (EUR), and pound (GBP). These movements present possible selling opportunities for the rand against these baskets of currencies.To get more news about WikiFX, you can visit wikifx official website.

　　Arguably, the most notable one to watch would be USD/ZAR for an excellent reason: employment figures. The recent…

3D Rendering Services Market Sees a Faster Rebound

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Why Business Schools Are Shutting Down Their MBA Programs

The University of Illinois’ Gies College of Business has become the latest school to announce that it is getting out of the full-time, on-campus MBA market. Instead, Gies will focus more aggressively on its online MBA option, the $22,000 iMBA, which has seen big growth since being launched in 2015 (see Illinois To End Full- And Part-Time MBA Programs On Campus).To get more news about…

How Good Are the Best Chinese Universities?

In a surprising move, the most recent U.S. News & World Report ranking put China’s Tsinghua University ahead of the United States’ Massachusetts Institute of Technology as the world’s best engineering school. Together with the news that Chinese scientist Tu Youyou won the Nobel Prize in medicine, Tsinghua University’s ranking has led people to debate the rise of China’s educational system and its soft power.To get more news about…

Depressed near one-week low under 0.7300

AUD/USD remains on the back foot after posting the biggest losses in a month. The aussie pair begins the key trading day, comprising the US employment data, while keeping the recent 0.7265-82 range, currently around 0.7275, at the start of Friday's Asian session. The pair's declines are mostly attributed to the US dollar's sustained pullback from the multi-month low, followed by a slump in the Wall Street benchmarks. Also weighing the quote…

Chance for USD/GBP/AUD Upside as JPY Strength Limited

Japanese firms slashed spending on plant and equipment by the most in a decade in the second quarter, the government said on Tuesday. As a result, the strength of the Yen was limited while the USD/JPY staged a flat performance and consolidated around 105.70.To get more news about WikiFX, you can visit wikifx official website.

　　“Abenomics” is much more likely to see an end ahead of…

A Visit to Forex Broker BP Prime in London

An investor lately asked WikiFX to verify the regulatory information and business conditions of the British broker BP Prime. In response to the trader, WikiFX decided to visit the broker BP Prime in London.To get more news about WikiFX, you can visit wikifx official website.

　　Broker introduction

　　BP Prime was founded in 2013. Headquartered in London, it has offices in Italy and China…

Tumbling WTI Concerns for $41.30

WTI crude reported the largest one-day fall in three months on Wednesday, bottoming at $41.23 from the high level of $43.20. Oil prices have rebounded back overnight after breaching below the key support of $41.30, and are consolidating above $41.30 now.To get more news about WikiFX, you can visit wikifx official website.

　　The rally of the U.S. dollar index will become one of the important factors…

PM Modi pitches India as best place for global investors

Prime Minister Narendra Modi on Thursday said the country's political stability and policy continuity makes it the best place for global investors in the aftermath of the COVID-19 pandemic.To get more news about WikiFX, you can visit wikifx official website.

　　Addressing the US-India Strategic Partnership Forum through video confence, Modi also cited a slew of reforms undertaken…

Silver Lake in talks to take $1 billion stake in India's Reliance Retail

Private equity firm Silver Lake Partners SILAK.UL is in talks to invest $1 billion in the retail arm of India's Reliance Industries Ltd.To get more news about WikiFX, you can visit wikifx official website.

　　The investment, which would value Reliance Retail at about $57 billion, comes as the company is aiming to sell about 10% in new shares, the report added.…

Oil May Decline on Plunging Wall Street & Soaring VIX

On Thursday, the Wall Street saw a sharp drop ahead of the upcoming non-farm payrolls; The fear index (VIX), a popular measure of the stock market's expectation of volatility, largely rallied to an intraday high of 35.94% from 25.66%; WTI crude further penetrated the level of $41.30 to an intraday low of $40.22.To get more news about WikiFX, you can visit wikifx official…

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