The message sent from the ECB minutes came in more dovish that the meeting statement released a few weeks ago. Policymakers were concerned about the inflation outlook more than previously expected. Despite upward revisions to the economic projections, the members stressed that there were “key downsi

The Malaysia stock market on Friday halted the two-day slide in which it had tumbled almost 30 points or 2 percent. The Kuala Lumpur Composite Index now rests just above the 1,500-point plateau and it may tick slightly higher again on Monday. The global forecast for the Asian markets is fairly flat,

Second quarter GDP forecast to contract 34.1% annualized. Atlanta Fed GDPNow estimate for Q2 is -34.3%. Retail sales and durable goods are higher in Q2, industrial production lower. The economy contracted 5% annualized in the first quarter. Dollar has factored in the GDP result and the likely Fed de

Photo: BTCS Recently BTCS, one of the first US publicly traded companies focused on digital assets and Blockchain technologies, has reported a 130% increase in its Asset Position in just one quarter. With this, the company has amassed more than $1 million worth of digital assets position by the en

Markets On Friday, EMU PMI's rebounded sharply with the composite EMU measure rising from 48.5 to 54.8, signaling a solid rebound in activity at the start of Q3. In particular services sector growth (55.1) reaccelerated as lockdowns were eased. The impact of the PMI's on markets was modest. European

Photo: Dallas A Spanish and Estonian domiciled company was ordered today by the Texas Securities Commissioner to shut down operations on charges that he defrauded people by soliciting investments in a phony cryptocurrency trading scheme. Mind Capital OÜ, aka Mind Capital Tech SL, has received an e

EUR/USD: The downside prevails Stay on top of the markets with Swissquote’s News & Analysis Pivot (invalidation): 1.1370 Our preference Short positions below 1.1370 with targets at 1.1320 & 1.1300 in extension. Alternative scenario Above 1.1370 look for further upside with 1.1390 &

Fitch Ratings, the US-based rating agency, downgraded India GDP growth forecasts for the next fiscal year (FY), i.e., for FY 2021/22. Key quotes “Cut India’s growth forecast for 2021-22 fiscal to 8% from 9.5% projected last month.” “Maintained its projection of Indian economy contracting by 5% in th

Eddie Donmez takes a look at the mania that is Robinhood. He dives deep into the mechanism of how zero-commission brokers make money and analyses if day Traders are really behind the rally we are seeing in Equities. In this session Eddie covers the following: - Outrage, as traders find out RH, has

The Singapore stock market has finished lower in consecutive trading days, retreating more than 115 points or 4 percent in that span. The Straits Times Index now rests just beneath the 2,685-point plateau although it may find its footing on Monday. The global forecast for the Asian markets suggests