Early Monday morning in Asia, the Financial Times (FT) came out with the news suggesting further hardships for the big technology companies like Facebook and Apple from the European Union’s (EU). The plans, which can include 20 major internet companies, will force the tech giants to share data with

The greenback went through a volatile session on Thursday as the annual Jackson Hole Symposium kicked off with a virtual version. Although dollar initially fell broadly after Federal Reserve Chairman Jerome Powell announced that the central bank would put in a strategy to lift inflation and employme

Photo: Finance Magnates The fight between Tron and the Steem community has taken another twist as the key members of the latter has filed a lawsuit against Bittrex to receive the unexpectedly deposited tokens on the crypto exchange. First reported by Decrypt, the lawsuit was filed by Daniel Notest

#USDOLLAR# Hello, Friends! Here is a large timeframe overview of USD. USDollar is approaching past lows, which will be strong support areas. Orange zone: 2016 & 2017 lows Expect a retrace from this area. Price will bounce from this area but the retrace may be short as USA is heading toward

Yen and Swiss Franc are trading as the strongest ones for today as stock markets are weighed down by escalating US-China tensions. Though, negative sentiments in Europe was partly offset by much stronger than expected Eurozone and UK PMIs. Signs of a V recovery are there even though the development

UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting assessed the latest inflation figures in Malaysia. Key Quotes “Consumer price index (CPI) fell further albeit by smaller magnitude of 1.9% y/y in June (May: - 2.9%). The decline came in line with ours (-2.0%) and market estimates (-

Australia Forecasts 2020-2021 with a Jobless Rate of 8.75% and a Budget Deficit of A$184.5Bln. More to come...

Investing should be more than just the numbers. Yes, the overall goal is creating wealth, so do not take it too literally but, this does not mean it should be done without objectives. There are many important aspects to making solid investment decisions, having solid risk management is one of the mo

USD/CAD takes the bids near four-day top following Tuesday’s recovery moves. A downward sloping trend line from May 22 in the spotlight, 200-day SMA offers strong support. Normal RSI conditions, bullish MACD favor further upside. USD/CAD rises to 1.3610 amid the initial Asian session on Wednesday.

The Japanese Tankan Large Mfg Index arrived in at -34 (from expected -31 & prior -8): Tankan Large Non-Mfg Index -17 (-20, 8). Tankan Large Mfg Outlook -27 (-24,-11). Tankan Large Non-Mfg Outlook -14 (-15, -1). Tankan Large All Industry Capex. Tankan Small Mfg Index -45 (-39, -15). Tankan Small