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FX Bazooka (your trading weapon)
Washington gridlock and slow economic growth
Americans blame political gridlock in Washington for the US dropping economic competitiveness. They also hold both Republicans and Democrats responsible, as a Harvard Business School study issued on Wednesday states.
Besides this, the study noted that American GDP soared at a rate of approximately 2% since 2000, quite below the 3 to 4% average in the prior half-century. The study covers an array of factors, such as a complicated corporate tax code, aging roads, tangled immigration system. All of this contributes to the slow growth.
The study suggests that factors such as a surging wealth gap, dips in productivity growth, not to mention a soar in the number of working-age folks neither employed nor seeking jobs demonstrate that the American economy is getting less competitive.
The vast majority of the school's alumni polled told that they were assured that the American political system was hurting the national economy.
By the way, the poll didn’t ask whether respondents preferred Democratic candidate Hillary Clinton or Republican presidential candidate Donald Trump. 
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New Zealand reports record migrants, though key sectors missing out
In August, New Zealand's immigration boom struck a record with approximately 125,000 newcomers landing in the 12 months, yet shortages of skilled labor in hot sectors, including construction and tech is driving criticism of government policies.
The latest data, published on Wednesday by the statistics office, will probably add to the surging calls for the government to do more in order to attract the right kind of employees required to fill jobs in the Pacific nation.
Japan’s center-left opposition party, rather than conservatives, has led that criticism. By the way, in July the major bank had to callfor a review of migration policies.
Foreigners with decent experience in areas on the country's skill shortage list boast a better chance of gaining a work visa as well as residency, which offers great benefits, including the country's free public health services. Only 8% of work visas went to folks on that list, as Immigration Minister Michael Woodhouse states.
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Gold prices stand still in Asia
On Friday, gold prices were mostly steady during Asia trade, capping for recent revenues made as The Fed held steady and the BOJ took a new tack on easing this week.
In New York, December delivery gold futures demonstrated small profits and losses. They rose 0.02%, reaching $1,340.95 per troy ounce.
Overnight, gold prices managed to extend their overnight revenues during North America's trading session on Thursday, hitting a fresh two-week high as the greenback sold off after the Fed held off on surging interest rates and scaled back the number of rate lifts it expects next year.
The Fed left interest rates intact at the conclusion of its policy gathering on Wednesday, though hinted that a lift could arise in December if the job market keeps improving.
At the same time, the American major bank also dropped the number of rate increases it expects in 2017 and in 2018, as the median projection of forecasts issued with its post-meeting statement states.

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Gold earns slightly in Asia
On Friday, gold prices edged up in Asia after a key manufacturing poll from China came in as expected and traders looked ahead to more remarks from Fed policymakers.
In New York, December delivery gold futures added 0.09%, hitting $1,327.15 per troy ounce. Meanwhile, December delivery copper futures dropped 0.18%, trading at $2.184 per pound. By the way, China turns to be the world's number one copper importer.
September‘s Caixin manufacturing PMI came in at 50.1 exactly as expected.
Overnight, gold prices extended their modest losses during North America's trading session on Thursday, descending to a fresh one-week minimum as traders digested better than expected American economic data.
The official China manufacturing PMI for September from the National Bureau of Statistics as well as China Federation of Logistics and Purchasing is going to be published on Saturday.
Official data revealed that the third estimate of American second quarter GDP grew 1.4%, revised from the previous outcome of a 1.1% expansion. 
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American stock futures stand still
On Wednesday, American futures were almost intact, as market participants stood away from big bets ahead of an employment reading, which could provide hints regarding a more closely watched jobs report due Friday.
S&P 500 futures descended 0.1%, trading at 2,144. Meanwhile, Dow Jones Industrial Average futures dropped 16 points, hitting 18,076. Additionally, Nasdaq-100 futures tumbled 1.50 points, being worth 4,856.
Market participants are waiting for ADP’s monthly private-sector jobs data. It comes just two days before the government’s September news on nonfarm payrolls as well as every release could spur bets on whether the Federal Open Market Committee will increase interest rates soon or not.
Wednesday’s ADP payrolls along with Friday’s nonfarm payrolls might power more FOMC speculation trading.
Even if one side is about to start a big lead in American election polling, December would be an ideal candidate for another rate hike than the November meeting. 
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Aussie and Kiwi sag against stronger greenback
On Tuesday, the Australian and New Zealand dollars edged down against their American counterpart, as hopes for a 2016 American rate lift kept backing demand for the greenback.
The currency pair AUD/USD retreated 0.71%, getting to a three-week minimum of 0.7554.
Demand for the greenback remained backed as Friday’s dismal American jobs data wasn’t expected to prevent the major US bank from raising interest rates later in 2016.
Earlier on Tuesday, the National Australia Bank informed its business confidence index remained intact at 6 in September.
The currency pair NZD/USD went down 0.97%, reaching 0.7065, the lowest value since July 28.
The commodity currencies were affected by Tuesday’s drop in crude prices, though oil remained backed by surging hopes for an output cut by OPEC members.
The US dollar index, estimating the greenback’s strength against six key currencies, soared 0.17%, hitting 97.07. 
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NYMEX rebounds in Asia, Brent surges as American industry estimates awaited
On Wednesday, oil prices rebounded moderately during Asia trade with industry data on American stockpiles due and more direction sought on plans by OPEC as well as Russia to trim production.
In New York, November delivery crude futures ascended 0.20% to $50.89 per barrel. December delivery Brent futures rose 0.38%, trading at $52.61 a barrel
Later on Wednesday, the American Petroleum Institute is going to publish its estimates of crude as well as refined product stocks for the previous week. The figures are going to be followed on Thursday by more closely-watched data from the American Department of Energy and the International Energy Agency is expected to publish its monthly report on global crude supply and demand.
The previous week, data displaying American crude supplies sagged for the fifth week in a row driven by the demand outlook in the world's largest oil consumer. According to the American Energy Information Administration, oil inventories descended by approximately 3 million barrels the previous week to 499.7 million, the lowest outcome since January.
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Taiwan stocks head north
On Tuesday, Taiwan stocks headed north after the close because profits in the Glass, Textile and Chemicals sectors pushed shares higher.
The Taiwan Weighted edged up 0.51%.
The best performers of the trading session on the Taiwan Weighted were represented by Plotech, Epileds Tech and  Honmyue Enter, which rose all 10%.
The worst benchmarks included Eurocharm Holdings, Hota Ind and Geo Vision, which sagged 8.25%, 6.41% and 3.80% respectively.   
On the Taiwan Stock Exchange ascending shares outnumbered descending ones by 454 to 292, while 116 remained intact.
Meanwhile stocks in Plotech leapt to 52-week peaks, soaring 10% to 10.45. Additionally, stocks in Honmyue Enter edged up to 52-week peaks, growing 10% to 12.65. Finally, stocks in Geo Vision reached all time minimums, descending 3.80% and trading at 41.80.
November delivery crude futures rose 0.76%, trading at $50.32 per barrel.
The currency pair USD/TWD slumped 0.25%, reaching 31.699, while TWD/CNY leapt 0.19%, being worth 0.2126.
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European stocks edge down with ECB meeting in focus
On Wednesday, European stocks traded lower, as market participants became more cautious ahead of the ECB’s upcoming policy gathering on Thursday.
During European morning trade, the EURO STOXX 50 descended 0.15%, French CAC 40 dropped 0.17%, while German DAX 30 lost 0.29%.
Financial stocks were mixed, because in France, BNP Paribas soared 0.65%, Societe Generale fell 0.66%. Meanwhile, in Germany Commerzbank and Deutsche Bank leapt 0.10% and 0.43% respectively.
As for peripheral lenders, in Italy, Intesa Sanpaolo rose 0.57%, Unicredit dived 0.72%. In Spain, banks BBVA along with Banco Santander surged 0.29% and 0.32% respectively.
Elsewhere, Carrefour SA leapt 1.32% after the French retailer told that decent sales in Latin America helped to offset dropping sales in its core French market as well as ongoing difficulties in China.
On the downside, SAP AG went down 0.80% having announced plans to make its SuccessFactors employee-management service available exactly as an option on Microsoft’s Azure cloud for the next five years.
In London, FTSE 100 lost 0.14%.
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European shares go up
On Friday, European stocks ascended backed by comments by ECB President Mario Draghi made on Thursday.
During European morning trading session, the EURO STOXX 50 earned 0.18%, French CAC 40 gained 0.12%. As for German DAX 30, it leapt 0.08%.
On Thursday, ECB President Mario Draghi told that an adjustment to the bank’s stimulus program could arise in December.
Financial stocks showed mixed performance. BNP Paribas tacked on 0.02%, Societe Generale lost 0.02%, while Commerzbank descended 0.15% and Deutsche Bank soared 0.12% in Germany.
As for peripheral lenders, Italian Intesa Sanpaolo and Unicredit tumbled 0.05% and 0.36% respectively. Besides this, Spanish banks Banco Santander and BBVA rose 0.56% and 0.42%.
SAP AG leapt 2.45% after saying that third-quarter profit soared 8%, beating experts’ estimates.
In London, FTSE 100 grew 0.19%, spurred by Informa, whose stocks ascended 2.25%.
Daimler shares dipped 3.08%, even after the German luxury car producer reported higher third-quarter revenue, ensured by strong sales of its new E-class models, sport-utility cars as well as upbeat currency effects.
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