Monday, November 30

Day: October 2, 2020

Forex Trading Course – LEARN TO TRADE STEP BY STEP
Forex, Online Trading, Videos

Forex Trading Course – LEARN TO TRADE STEP BY STEP

https://www.youtube.com/watch?v=W7IGTX_PesoIn this course you will learn everything you need to know to start Trading the Forex Market right now! This is not just a theoretical course, there is LIVE Trading Included (where we show you how to use the information learned to Trade Live in Real Time).Introduction0:00 About your Instructor 2:02 What You'll be Able To Do After This Course4:26 What You'll Learn in This Course7:19 What's Expected of YouThe History of Money9:12 Barter and Gold17:06 Paper Money26:52 Gold Standard35:08 Bretton Woods37:28 End of the Gold Standard40:08 DiscussionThe Forex Market Quotation45:19 How to Make Money51:11 Currency Pairs55:29 Major Pairs & Cross Pairs59:28 Market Structure ExplainedFOREX Terminology1:06:15 ...
The September Effect: What it is and Why it Happens
Online Trading

The September Effect: What it is and Why it Happens

If you follow the markets long enough, you’ll see that stock prognosticators and weather forecasters have similar seasonal predictions.When the weather heats up in spring and our minds turn to the upcoming summer, the catchphrase for investors has been “sell in May and go away”.Equity returns tend to outperform between November and April compared to May through October, but this is far from a certainty and may simply be a result of several historic market crashes, including the Black Monday crash in October 1987 (which saw the Dow Jones Industrial Average drop more than 22% in a single day).The October Effect is another one of these seasonal patterns, coined likely due to the peculiar history of October market crashes.The Black Monday crash in 1987 is the most prominent of these ex...
Wall Street skids after Trump’s positive Covid-19 test
Stock News

Wall Street skids after Trump’s positive Covid-19 test

By Sagarika Jaisinghani, Devik JainWall Street’s main indexes tumbled at the open on Friday after President Donald Trump tested positive for Covid-19 weeks before the election, with an elusive fiscal stimulus and a slowdown in the domestic economic recovery also denting sentiment.All 11 major S&P sectors were down, with energy sliding 1.5 per cent on the back of a more than 3 per cent drop in oil prices.Utilities, healthcare and consumer staples were among the smallest decliners in early trading.Trump’s tweet that he and first lady Melania had contracted the disease rankled global financial markets and sent investors scurrying to the perceived safety of the dollar, yen and gold.Analysts said the news could hurt Trump’s campaigning ability and jack up market volatility at a ti...
The Cardano Foundation will preserve its independence, says new CEO
Crypto News

The Cardano Foundation will preserve its independence, says new CEO

The Cardano (ADA) ecosystem has a complex governance structure, not dissimilar from the way the U.S. democracy operates, with its built-in checks and balances.There are three main players: the Cardano Foundation, EMURGO and IOHK; according to the Foundation’s incoming CEO Frederik Gregaard, the governance will only get more complicated as more organizations join. He also said that he intends to maintain the Foundation’s independence from Cardano’s founder and IOHK CEO, Charles Hoskinson, who created this structure in the first place:“The Foundation law in Switzerland says that we need to be independent. That's exactly why it's interesting and why Charles chose to set it up like that, because he really, truly feels that the people who are going to protect the Cardano protocol for the ...
USD: Risk sentiment set to remain fragile, supporting the US dollar – MUFG
Forex

USD: Risk sentiment set to remain fragile, supporting the US dollar – MUFG

Analysts at MUFG Bank, point out that a risk aversion environment supports the US Dollar. They see Trump’s COVID infection setting up many possible scenarios, increasing uncertainty that could add to the concerns about a slowdown in US economic activity. Key Quotes“Last week we argued the potential for US equities to remain weak but that didn’t transpire and in the week since to yesterday’s close, the S&P 500 is 2.5% higher, outperforming the other key G4 markets. We favoured the dollar also on the basis that month-end flows. Those flows didn’t transpire either. But even still, the dollar only fell 1,0% to yesterday and of course is now rallying with equity markets ending the week down. The hopes of a fiscal stimulus package have evaporated and we have now had the announceme...
Jobs report shows fewer hires as recovery loses momentum
Business news

Jobs report shows fewer hires as recovery loses momentum

Nonfarm payrolls rose by a lower than expected 661,000 in September and the unemployment rate was 7.9%, the Labor Department said Friday in the final jobs report before the November election.Economists surveyed by Dow Jones had been expecting a payrolls gain of 800,000 and the unemployment rate to fall to 8.2% from 8.4% in August. The payrolls miss was due largely to a drop in government hiring as at-home schooling continued and Census jobs fell."The issue is momentum, and I think we're losing it," said Drew Matus, chief market strategist for MetLife. "When you go through a significant disruption to the labor market, it takes time to fix itself. That's without regard to whether there's a virus."The decline in the unemployment rate came along with a 0.3 percentage point drop in ...
PwC’s global crypto tax report reveals the need for further regulatory guidance
Crypto News

PwC’s global crypto tax report reveals the need for further regulatory guidance

One of the Founding Fathers of the United States, Benjamin Franklin, once said: “But in this world, nothing can be said to be certain, except death and taxes.” While this phrase was realized in 1789, the same still holds true today. The only difference is that taxes are slowly but surely catching up with crypto assets.Therefore, it shouldn’t come as a surprise that Big Four accounting firm PricewaterhouseCoopers has just released its first annual Crypto Tax Index as part of the “Global Crypto Tax Report.” The detailed report contains the latest global crypto tax developments, along with crypto tax information for over 30 jurisdictions. Interestingly, 61% of jurisdictions surveyed have issued guidance on the calculation of crypto capital gains and losses for individuals and businesses.T...
NIO Stock Price and Forecast: Another positive day for NIO as analyst upgrades continue to pile up
Forex

NIO Stock Price and Forecast: Another positive day for NIO as analyst upgrades continue to pile up

NYSE:NIO vaults up another 2.54% triggering the fourth straight day this week that the stock has gained. Morgan Stanley report says industry leader Tesla will be out of China by 2030. Analyst price targets for NIO get a huge boost.It has been quite the week for NYSE:NIO as the Chinese electric vehicle maker has hit a perfect storm of good news and positive stories. On Thursday the stock gained another 2.54% to close the trading session at $21.76, as it attempted to break through the $22 barrier once again. Shares have climbed each day this week and a new Morgan Stanley report promises even more optimism amongst investors with a long-term outlook on the stock.Morgan Stanley analyst Adam Jonas issued a report which outlines why he believes that the industry leader, Tesla (N...
Route Mobile acquires intellectual property, associated contracts from TeleDNA
Stock News

Route Mobile acquires intellectual property, associated contracts from TeleDNA

Route Mobile, a cloud communications service provider, has completed the acquisition of intellectual property and its associated contracts from TeleDNA for over Rs 12 crore. Route Mobile, which was listed on the BSE last month, said it had entered into a business transfer agreement (BTA) with TeleDNA Communications in June for acquisition of intellectual property and its associated identified customer contracts on a slump sale basis. "The company (Route Mobile) has subsequently signed an amendment agreement to the BTA on October 1, 2020, and has completed the acquisition," Route Mobile said in a regulatory filing on Thursday night.Bengaluru-based TeleDNA specialises in the development of telecom-related solutions like MMSC (Multimedia Messaging Service Center), SMSC (Short Message Serv...
President Trump and first lady test positive for coronavirus
Business news

President Trump and first lady test positive for coronavirus

US President Donald Trump and First Lady Melania Trump return to the White House in Washington, DC, on September 11, 2020.Andrew Caballero-Reynolds | AFP | Getty ImagesPresident Donald Trump said he and first lady Melania Trump have tested positive for coronavirus, plunging the United States into further upheaval and uncertainty just over a month away from Election Day.The White House physician said the president and first lady were "both well" at the moment.In a tweet early Friday morning, Trump said: "We will begin our quarantine and recovery process immediately. We will get through this TOGETHER!"Shortly after Trump's tweet, U.S. stock futures moved sharply lower with Dow futures falling more than 500 points at one point.Trump is now the most prominent figure to come...