Wednesday, July 8

Month: June 2020

Forex Trading in Indonesia • Forex Strategies • Benzinga – Benzinga
Forex News

Forex Trading in Indonesia • Forex Strategies • Benzinga – Benzinga

Benzinga Money is a reader-supported publication. We may earn a commission when you click on links in this article. Learn more. With a rapidly growing economy and a rapid spread of technology, more and more traders and forex brokers are turning to the island nation of Indonesia as the next big forex trading sphere. If you’ve ever wanted to trade forex as a resident of Indonesia, an Indonesian citizen or a traveler, our guide will help you get started.  Get Started with Forex in Indonesia  The spread of both domestic and international online brokers offering service to Indonesian trades has greatly expanded the availability of forex trading. To get started with forex, use the following basic steps to open an account. Find a stable internet connection. Fast, reliable internet se...
New India Assurance Q4 results: Posts net profit at Rs 127 crore
Stock News

New India Assurance Q4 results: Posts net profit at Rs 127 crore

New Delhi: State-owned general insurer New India Assurance on Tuesday reported Rs 126.6 crore profit for the fourth quarter ended March 31. The company had registered a net loss of Rs 270.54 crore in January-March period of 2018-19. Total income in the March quarter rose to Rs 7,040.23 crore from Rs 6,570.11 crore in the same period a year ago, the company said in a regulatory filing. For the full fiscal, the insurer registered a net profit of Rs 1,417.75 crore in 2019-20 as against Rs 579.79 crore in the previous fiscal. Total income in 2019-20 to Rs 28,046.56 crore from Rs 25,272.38 crore. Source: ET Markets
What are Carry Trades in Forex? – Securities.io
Forex News

What are Carry Trades in Forex? – Securities.io

As you gain experience trading the forex market, you will come across an increasing number of terms. One such term is a currency swap. These kind of transactions actually make up for a large amount of the volume traded on the markets, and they are commonly applied in a few situations when you are trading forex. Here we will explain in more detail exactly what currency swaps are, how they usually occur, and why they can be beneficial to certain types of traders in the sector. The Basics of a Currency Swap In the most simple of terms, a currency swap does exactly as the name implies. It is an exchange of currency between two parties of the equivalent amount of money in another currency. There is then a contract in place to repay this money at a specified date, and exchange rate in the fut...
Bentley redesigns Bentayga SUV as first vehicle under new business strategy – CNBC
Stock News

Bentley redesigns Bentayga SUV as first vehicle under new business strategy – CNBC

Bentley Bentayga SUV Bentley Bentley has redesigned its Bentayga SUV as a key vehicle in the famed British carmaker's retooled lineup. The $177,000 vehicle is the first model under Bentley's "Beyond100" business strategy, which aims to reinvent the 101-year-old company for the next century. The plan includes pivoting to electrified vehicles while continuing to sell a plug-in hybrid model of the Bentayga.    The 2021 Bentayga unveiled Tuesday evolves the vehicle's exterior design with new LED lights as well as a larger matrix grille. The rear of the vehicle also was updated for a sleeker, less-boxy look. Much of the noticeable changes to the SUV occur on the interior. Specifically, a new center stack and next-generation infotainment system displayed on a "Bentley 'w...
What is Unified Stamp Duty?
Top Trading

What is Unified Stamp Duty?

What is Stamp Duty? Stamp duty is a kind of tax collected by the state government. Stamp duty is levied on the value of shares transferred. In India currently stamp duty is levied by various states and hence the rate of stamp duty varies from state to state. The stamp duty is paid when a contract is created for the trade executed by a broker at the request of the client. Some states brought about lower stamp duty to attract stock market activity to their state. This will no longer be possible. What Changed with Stamp Duty Now? The Finance Bill, 2019, has proposed certain amendments in the Indian Stamp Act, 1899 (the Act) bringing uniformity in the levy of stamp duty on securities whether through the physical or dematerialized form New unified stamp duty rate t...
Max Keiser: US Hash Rate War With Iran Can Send Bitcoin Price to $500K
Crypto News

Max Keiser: US Hash Rate War With Iran Can Send Bitcoin Price to $500K

Bitcoin (BTC) will hit $500,000 because the United States will start a giant hash war with Iran and Venezuela — and it’s already started. In the latest episode of his Keiser Report TV show, Max Keiser predicted that the Iranian and Venezuelan regimes would force the Trump administration to embrace BTC. Keiser: God is looking at us through the Bitcoin protocol Thanks to Tehran potentially controlling 3% of the Bitcoin hash rate already, and Venezuela — briefly — accepting BTC payments, the U.S. joining the fight for Bitcoin supremacy is only a matter of time. “Iran has already got 3% of global hash rate, so now I think Venezuela will get 3-5% pretty quickly,” Keiser said. “And then at some point America will say, ‘We’ve got to enter the 21st century space race of mining Bitcoin,’ and th...
Forex Market Majors Trading Lower Amid Coronavirus Concerns – Securities.io
Forex News

Forex Market Majors Trading Lower Amid Coronavirus Concerns – Securities.io

As you gain experience trading the forex market, you will come across an increasing number of terms. One such term is a currency swap. These kind of transactions actually make up for a large amount of the volume traded on the markets, and they are commonly applied in a few situations when you are trading forex. Here we will explain in more detail exactly what currency swaps are, how they usually occur, and why they can be beneficial to certain types of traders in the sector. The Basics of a Currency Swap In the most simple of terms, a currency swap does exactly as the name implies. It is an exchange of currency between two parties of the equivalent amount of money in another currency. There is then a contract in place to repay this money at a specified date, and exchange rate in the fut...
Kim Kardashian’s KKW Beauty gets a $1 billion valuation, but that’s 15% less than Kylie Jenner’s beauty brand
Stock News

Kim Kardashian’s KKW Beauty gets a $1 billion valuation, but that’s 15% less than Kylie Jenner’s beauty brand

The difference between being one of the most recognized people in the world and being one of the most admired is worth about $180 million dollars, according to global beauty company Coty. Inc. Coty COTY, +13.39% announced Monday a “strategic relationship” in which it paid $200 million for a 20% stake in reality TV star Kim Kardashian West’s beauty business, KKW Beauty. Under terms of the deal, Coty will be responsible for the “portfolio’s development” in skin care, haircare, personal care and nail products, and Kardashian West will “lead all creative efforts in terms of product and communication initiatives.” The investment implies a $1 billion valuation for KKW Beauty. Coty had disclosed earlier this month that it was in talks with Kardashian West regarding a possible collaboration. ...
Forex Trading For Beginners (Full Course)
Online Trading

Forex Trading For Beginners (Full Course)

https://www.youtube.com/watch?v=Xb4KWuHmHBQ Time Stamps: What is a pip? - 10:40 What is the value of a pip? 27:00 What is leverage? 45:00 Start Trading NOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.In accordance with European Securities and Markets Authority’s (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients. GENERAL RISK WARNING CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.87% of retail investor accounts lose money when trading CFDs with this p...
Market Snapshot: Dow futures bounce around as investors await Powell, Mnuchin testimony on the coronavirus response
Stock News

Market Snapshot: Dow futures bounce around as investors await Powell, Mnuchin testimony on the coronavirus response

U.S. stock-index futures were seeing muted trading early Tuesday as investors awaited a congressional hearing featuring Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin that could provide more investor guidance about the government’s economic response to rising coronavirus cases. Tuesday marks the final day of the month, quarter and first half of the year, which may lead to some choppiness as investors make last-minute changes to their portfolios, and as investors continue to monitor COVID-19 developments, experts say. The stock market will be closed on Friday in observance of the Fourth of July holiday. How are benchmarks performing? Futures for the Dow Jones Industrial Average YM00, -0.22% YMU20, -0.22% were 3 points, or less than 0.1%, lower at 25,498, th...