Barclays revises down Q4 Brent price forecast to $75/ barrel

In its commodities report, the Barclays Research Team offer their take on oil, with some revisions to their previous forecasts. & ...

  • giovanni archidiacono
  • 0 mins read

Today's announcements and data releases, 16/11/2018

          Source: DailyFX ...

  • Gold
  • 0 mins read

Bitfinex's parent company has a new offshore service provider

iFinex, the parent company of controversial cryptocurrency exchange Bitfinex, appears to have hired a new offshore corporate services provid ...

  • giovanni archidiacono
  • 3 mins read

Philippines government looks to float sukuk bonds under Islamic finance framework

THE PHILIPPINES GOVERNMENT is looking at floating Shari’ah-compliant securities next year, but will still wait for the establishment o ...

  • giovanni archidiacono
  • 2 mins read

Brexit: Theresa May braced for more cabinet resignations after day of chaos leaves deal facing Commons defeat

Michael Gove considers whether to quit, after apparently refusing to take the job of Brexit secretary when prime minister rejects his demand ...

  • giovanni archidiacono
  • 3 mins read

Singapore exports rise 8.3% in October for seventh straight month of growth

SINGAPORE: Singapore’s non-oil domestic exports (NODX) grew for the seventh straight month in October, driven by a continued surge in ...

  • giovanni archidiacono
  • 0 mins read

Asia mood soured by NVIDIA slide,Sterling scarred by Brexit chaos

SYDNEY (Reuters) - Asian shares shed early gains on Friday after disappointing results from U.S. chipmaker Nvidia Corp hammered its stock an ...

  • giovanni archidiacono
  • 2 mins read

Lion Air crash victim's father files U.S. lawsuit against Boeing

CHICAGO: An Indonesia man, whose son was killed when a Lion Air flight crashed last month, has sued Boeing Co alleging that a defect in ...

  • giovanni archidiacono
  • 0 mins read

Indonesia Market Today 16 November 2018

A. Indonesia Morning Market ReviewFriday (16/11/2018). Too many positive sentiments such as the rise of the DJIA + 0.83%, EIDO + 4.07%, Oil ...

  • Gold
  • 2 mins read

Global financing facing 'anameic' revenues a decade on from financial crisis

A new study has found that banking revenues across the world have collapsed since the global financial crisis, as industry growth is running ...

  • giovanni archidiacono
  • 3 mins read

Today's announcements and data releases, 15/11/2018

00:00 2018-11-15T00:00:00   00:00 AUD Consumer Inflation Expectation (NOV) MediumM 00:30 2018-11-15T00:30:00 ...

  • giovanni archidiacono
  • 6 mins read

Bitcoin futures tumble 13%, trigger trading limit

Bitcoin futures on the CME Group exchange reached the 13% limit down level on Wednesday after the price of the world's largest digital curre ...

  • giovanni archidiacono
  • 0 mins read

India's economy is booming, now here comes the hard part.

India's economy is growing at an impressive pace, but its new wealth has not been evenly distributed. That's a focus for Prime Minister N ...

  • giovanni archidiacono
  • 10 mins read

Asia stocks lifted by China - U.S. trade hopes, oil resumes retreat

TOKYO (Reuters) - Asian stocks rose on Thursday, taking heart from a bounce in Chinese shares on news that China has delivered a written res ...

  • giovanni archidiacono
  • 2 mins read

Fed chief sees potential headwinds to growth as US central bank weighs rate policy.

NEW YORK - Federal Reserve chairman Jerome Powell said the US economy is strong but could face headwinds next year as policy makers weigh ho ...

  • giovanni archidiacono
  • 2 mins read

Indonesia Market Today 15 November 2018

A. Indonesia Morning Market Review Thursday (15/11/2018). The continuing factor of DJIA's downfall of -0.81%, Coal -2.04% and the continuin ...

  • Gold
  • 2 mins read

Game of Thrones Season 8 to Premiere in April

HBO has announced the final season of “Game of Thrones” will launch this April. The news was revealed in a promotional v ...

  • Gold
  • 1 min read

Gold prices may fall on US CPI Uptick, hawkish Powell comments

Gold prices struggled for meaningful upside progress despite a weaker US Dollar, which typically boosts anti-fiat demand for the yellow meta ...

  • giovanni archidiacono
  • 1 min read

"Pink Legacy" diamond sells for $50 million in new world record

GENEVA — Christie's sold the "Pink Legacy" diamond at auction Tuesday for more than $50 million including fees, saying it's a new worl ...

  • giovanni archidiacono
  • 1 min read

Algeria makes important step on Islamic finance roadmap

  Recent news that Bahrain-based Al Baraka Banking Group, which has banking branches across North Africa, received the prestigio ...

  • giovanni archidiacono
  • 3 mins read

U.S. FAA launches high-priority probe of Boeing's safety analyses

The U.S. aviation regulator has launched a high-priority probe of the safety analyses performed over the years by Boeing Co (BA.N), fo ...

  • giovanni archidiacono
  • 1 min read

Trump's tariff battle with China is spurring record Dollar- Yuan trading

Market uncertainty due to the ongoing trade dispute between the U.S. and China has spurred a jump in trading volumes for the dollar-yuan cur ...

  • giovanni archidiacono
  • 5 mins read

IMF says governments could set up their own cryptocurrencies

Christine Lagarde praises rebel technology as ‘safe, cheap, and potentially semi-anonymous’   Governments should consider ...

  • giovanni archidiacono
  • 3 mins read

Japan economy shrinks 0.3% in July- September

TOKYO: Japan's economy shrank in the three months to September; official data showed Wednesday (Nov 14), after a string of natural disa ...

  • giovanni archidiacono
  • 0 mins read

China calls on ASEAN to work together on trade.

SINGAPORE: Chinese Premier Li Keqiang has called on ASEAN to work together with China on free trade and maintaining peace in the South China ...

  • giovanni archidiacono
  • 4 mins read

Indonesia Market Today 14 November 2018

A. Indonesia Morning Market ReviewWednesday (11/14/2018). The combination of the continued decline in the DJIA -0.4% and the sharp drop in O ...

  • Gold
  • 2 mins read

Swiss Crypto Company Obtains Islamic Finance Certification, Eyes Middle East Expansion

A Swiss based fintech firm has obtained certification from Islamic scholars for its own digital currency which it plans to launch in the Mid ...

  • Admin Smart Trend
  • 2 mins read

Singapore successfully trials crypto asset settlements platform

Singapore is moving forward in the development of infrastructure facilitating the trade of tokenised assets through blockchain platforms. T ...

  • Admin Smart Trend
  • 1 min read

U.S., China resume high-level trade talks ahead of Trump-Xi meeting

Treasury Secretary Steven Mnuchin has resumed discussions with his Chinese counterpart, Vice Premier Liu He, about a deal that would ease tr ...

  • Admin Smart Trend
  • 1 min read

Indonesia Market Today 13 November 2018

A. Indonesia Morning Market ReviewTuesday (11/13/2018). Although the JCI for 2 days (Friday & Monday) has dropped by -200 points, we est ...

  • Gold
  • 2 mins read

Asian markets largely rally, making up from early losses

After a soft opening, Asian equities broadly turned higher Monday as the market looked to rebound from Friday’s weakness, although inv ...

  • Gold
  • 1 min read

Alibaba nets record $30 billion in Singles' Day haul, but growth rate plunges

Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.7 billion) in sales on Sunday during its 24-hour ...

  • Gold
  • 1 min read

Indonesia Market Today 12 November 2018

Monday (12/11/2018) A. Indonesia Morning Market ReviewMonday (11/11/2018). After a week ago the JCI fell -0.54% affected by the increase in ...

  • Gold
  • 2 mins read

New Goldman Sachs boss faces 1MDB fallout

The new chief executive of Goldman Sachs, part-time DJ David Solomon, was probably hoping to give his image a more professional sheen w ...

  • Gold
  • 4 mins read

Oil just did something it hasn’t done in more than 30 years (hint: it isn’t good)

A jolt lower for oil since peaking in October has helped crude futures to carve out a bearish record. That is even after U.S. benchmark oil& ...

  • Gold
  • 1 min read

Indonesian Market Today 09 November 2018

A. Indonesian Morning Market ReviewFriday (09/11/2018). After the JCI rose around 8 consecutive days to around 3.86%, this Friday we predict ...

  • Gold
  • 2 mins read

Blockchain and crypto news, from Asia and beyond

Korean lawyers call for crypto-currency and investor protection laws: South Korea’s Bar Association has lobbied its government to ...

  • Gold
  • 1 min read

FED keeps rates unchanged, December hike in sight.

The Federal Reserve opted not to change interest rates Thursday but hinted that rates are likely to rise in December.The U.S. interest rate ...

  • Gold
  • 2 mins read

Indonesia Market Today 08 November 2018

A. Indonesia Morning Market ReviewThursday (08/11/2018). Sharp increase of DJIA + 2.13%, EIDO + 2.93%, Coal + 1.95%, appreciation of the Rup ...

  • Gold
  • 1 min read

Indonesia Market Today 07 November 2018

A. Indonesia Morning Market ReviewWednesday (07/11/2018). Factors in strengthening the Rupiah against the USD after November 1, 2018 Bank In ...

  • Gold
  • 3 mins read

Former JP Morgan trader pleads guilty to manipulating U.S. metals markets for years

An ex-J.P. Morgan Chase trader has admitted to manipulating the U.S. markets of an array of precious metals for about seven years -- an ...

  • Gold
  • 1 min read

S&P500 futures rise as U.S. election results trickle in

U.S. stock futures rose in volatile trading on Tuesday after a closely followed forecasting website said chances had fallen that the Democra ...

  • Gold
  • 0 mins read

Indonesia Market Today 06 November 2018

A. Indonesia Morning Market ReviewTuesday (06/11/2018). The combination of strengthening DJIA + 0.76% and EIDO + 1.31% amid falling Nickel p ...

  • Gold
  • 2 mins read

Shanghai plant to boost Tesla 3

Tesla (NASDAQ:TSLA) is planning to produce 3,000 Model 3 sedans per week at its Shanghai plant, meaning nearly one-third of the vehicles cou ...

  • Gold
  • 0 mins read

Amazon HQ2

Amazon (NASDAQ:AMZN) is in late-stage negotiations with Dallas, New York, the Crystal City area of northern Virginia and a few other candida ...

  • Gold
  • 0 mins read

Sell EUR/USD

It is not expected that the European Central Bank (ECB) to surprise markets with any indication of ahawkish disposition in the near term giv ...

  • Gold
  • 1 min read

Sterling firmer, dollar softer on reports of Brexit customs deal

The dollar lost ground against most of its major peers on Monday, as growing expectations of an orderly Brexit bolstered the pound, euro and ...

  • Gold
  • 2 mins read

Indonesia Market Today 05 November 2018

A. Indonesia Morning Market ReviewMonday (05/11/2018). After the JCI rose sharply + 2.1% over the past week accompanied by Foreign Net Buy o ...

  • Gold
  • 2 mins read

Indonesian Market Today 2 November 2018

[8:57 AM, 11/2/2018] Gilang Mnc: A. Indonesia Morning Market ReviewFriday (02/11/2018). This Friday JCI is predicts to continue rising along ...

  • Gold
  • 3 mins read

Centrals banks are buying gold

Central banks bought ~$5.8B worth of gold during Q3 in their biggest buying spree since 2015, the World Gold Council reports. Led by R ...

  • Gold
  • 0 mins read

Indonesia market today 1 November 2018

Thursday (01/11/2018). In the October, the JCI fell -0.62% along with Foreign Net Sells of Rp. 3.45 trillion, if referring to the JCI Heat M ...

  • Admin
  • 2 mins read

GOLD: Up or Down?

Broad market weakness has investors taking a look at gold, but make sure you do your homework before buying.ETFs play an outsized role in bo ...

  • Gold
  • 0 mins read

EMPLOYMENT COST INDEX RISES 0.8% IN Q3 TO BEAT MARKET ESTIMATE OF 0.7%

Compensation costs for civilian workers increased 0.8 percent, seasonally adjusted, for the 3-month period ending in September 2018," t ...

  • Gold
  • 0 mins read

Indonesia Market Today 31 October 2018

A. Indonesia Morning Market ReviewWednesday (31/10/2018). The sharp strengthening of the DJIA by + 1.77% accompanied by EIDO + 3.39% amid a ...

  • Gold
  • 2 mins read

Damaged Australian Dollar May Sink to 9-Year Low

 Australia’s dollar may drop to a nine-year low of 67 U.S. cents as the central bank is set to become even more dovish and le ...

  • Gold
  • 1 min read

BlackRock says tariffs helped spark China’s slowdown, urges long-term investing

BlackRock’s Jeff Shen said the escalation of trade tensions and the imposition of tariffs between Washington and Beijing have exacerba ...

  • Gold
  • 2 mins read

In two sessions, $200 billion of FANG market cap up in smoke

Facebook (FB.O), Amazon.com (AMZN.O), Netflix (NFLX.O) and Google-parent Alphabet (GOOGL.O) were at the center of a volatile session on the ...

  • Gold
  • 1 min read

Indonesia Market Today 30 October 2018

A. Indonesia Morning Market ReviewTuesday (30/10/2018). A combination of worries about the Trade War, expected FFR rise in the middle of DJI ...

  • Gold
  • 2 mins read

Indonesia Market Today 29 October 2018

A. Indonesia Morning Market ReviewMonday (29/10/2018). After a week, IHSG was corrected by -0.9% with Foreign Net Sells of Rp. 326.42 billio ...

  • Gold
  • 3 mins read

Asian shares struggle to shake off rout despite Wall St. bounce

Asian shares wobbled in early Friday trade, struggling to shake off the previous day’s global markets rout, after weak results from te ...

  • Gold
  • 3 mins read

Indonesia Market Today 26 October 2018

A. Indonesia Morning Market ReviewFriday (10/26/2018). The combination of the DJIA rebounds + 1.63%, EIDO + 3.4%, Oil + 0.81%, temporary app ...

  • Gold
  • 2 mins read

Stocks crumble as global growth, U.S. earnings fears spook markets

Asian shares dived on Thursday as hundreds of billions of dollars hemorrhaged from global markets after a rout in tech stocks inflicted the ...

  • Gold
  • 3 mins read

Indonesia Market Today 25 October 2018

A. Indonesia Morning Market ReviewThursday (10/25/2018). DJIA's sharp fall -2.41%, the lowest since the beginning of the year so DJIA YTD fe ...

  • Gold
  • 3 mins read

Indonesia Market Today 24 October 2018

A. Indonesia Morning Market ReviewWednesday (10/24/2018). The combination of the decline of DJIA -0.5%, Oil -4.2%, Nickel -0.54% & CPO - ...

  • Gold
  • 3 mins read

Buy Alert

Wells Fargo’s third quarter was a setback for the bank, especially compared with competitors, as a drop-in loan balances and a relativ ...

  • Gold
  • 0 mins read

Gold hits to three-month high, miners rise

Gold miners rally as demand for safe-haven assets lift prices for the yellow metal to the highest in three months, +0.9% to $ ...

  • Gold
  • 0 mins read

Forex Market

Forex last night was a roller coaster with a late bounce on Wall Street that wiped the floor with the yen, sent the Aussie on ...

  • Gold
  • 3 mins read

Women in workplace

Companies report that they are highly committed to gender diversity. But that commitment has not translated into meaningful progress. T ...

  • Gold
  • 1 min read

Major reversal eliminates stock losses

About 45 minutes before the closing bell, the averages are threatening to go green after being down 2% or more earlier today. Sti ...

  • Gold
  • 0 mins read

Saudi to sign $50B in energy, infrastracture deals

Despite tensions around the Khashoggi case, Saudi Arabia plans to sign deals worth more than $50B in the oil, gas, industries and ...

  • Gold
  • 0 mins read

Pot stocks post second-worst day ever as Tilray tumbles

An exchange-traded fund that tracks popular pot stocks fell sharply on Monday, led by shares of Canadian marijuana company Tilray. Traders p ...

  • Gold
  • 1 min read

Global payments: Expansive growth, targeted opportunities

Global payments revenues reached $1.9 trillion in 2017, the best single year of growth in the last five years.  We forecast that p ...

  • Gold
  • 0 mins read

US to exit nuclear treaty with Russia

Due to Russian violations and breaches, President Trump is exiting a Cold-War era treaty that eliminated ground-launched intermedi ...

  • Gold
  • 0 mins read

Brexit Pressure

British Prime Minister Theresa May faces a last-ditch fight this week to save her leadership as is thought that the chairman of th ...

  • Gold
  • 0 mins read

Italy crisis is ‘pretty worrisome,’ says former Eurogroup President Dijsselbloem

An Italian crisis would be an “implosion” and have severe consequences for the country’s banking system, the f ...

  • Gold
  • 4 mins read

China's third quarter GDP growth slowest since 2009, misses expectations

China’s third quarter economic growth slowed to its weakest pace since the global financial crisis, and missed expectations, as a year ...

  • Gold
  • 2 mins read

Peso hits fresh one-month high vs dollar

The peso is on a roll, notching a new best performance against the US dollar in more than a month on Wednesday, a day after it appreciated b ...

  • Gold
  • 1 min read

WALL STREET FAILS TO EXTEND RALLY

Trump administration reportedly plans to pull the U.S. out of the postal treaty. Trade-sensitive stocks lead losses on Wednesday. WTI sett ...

  • Gold
  • 1 min read

LEADING INDEX STILL POINTING TO GROWTH SLOWDOWN

Six month annualised growth rate in the Westpac–Melbourne Institute Leading Index, which indicates the likely pace of economic activit ...

  • Gold
  • 0 mins read

US OIL FIRMS FACING CHALLENGING QUARTER DESPITE RISING CRUDE 

US oil services sector is set to see a struggling recovery in 2018's third quarter, despite bolstered crude barrel prices. Despite crude oi ...

  • Gold
  • 1 min read

Whats next for Gold?

After three weeks of an uptrend, Gold bulls have been a little cautious on the way to the July highs with RSI shying away from the ...

  • Gold
  • 1 min read

FUNDAMENTALS BATTLE POSITIONING, REAL YIELDS SUPPORT THE USD

Fundamentals are battling excessive positioning in several currencies, including the AUD and NZD where positioning data suggest that the mar ...

  • Gold
  • 0 mins read

SAUDI PRINCE DENIES KNOWLEDGE OF JOURNALIST SLAYING

In a move that sees US President Trump once again standing on the opposite side of the room from human rights supporters, the US President i ...

  • Gold
  • 1 min read

UK PM MAY'S REMARKS OVERNIGHT SUGGEST A BREXIT DEAL COULD BE HARDER THAN EXPECTED

Clearly not in a place where we wanted to be on Brexit at the moment.December Brexit agreement could work for EU.But could mean a tight sche ...

  • Gold
  • 0 mins read

CHINA CPI INFLATION RISES ON HIGHER FOOD PRICE INFLATION

China’s CPI inflation rose further to 2.5% y-o-y in September from 2.3% in August, in line with market consensus (Consensus: 2.5%; Nom ...

  • Gold
  • 0 mins read

THE YEN STILL WINS OVER THE FRANC AS BEST SAFE-HAVEN

Citigroup analysts are pegging the Japanese Yen as remaining the market's go-to safe haven of choice when investors are fleeing risk. Based ...

  • Gold
  • 0 mins read

ECB STILL SET TO TURN OFF QE TAPS DESPITE POLITICAL AND TRADE RISKS

All the economists polled unanimously that the European Central Bank (ECB) will unwind its quantitative easing (QE) program by end-Dec, desp ...

  • Gold
  • 0 mins read

KEY Analysis

GBP After reports that negotiators had concluded a draft Withdrawal Agreement last week came the news that Theresa May was unable to of ...

  • Gold
  • 1 min read

U.S. government posts widest deficit since 2012

WASHINGTON (Reuters) - The U.S. government closed the 2018 fiscal year $779 billion in the red, its highest deficit in six years, as Republi ...

  • Gold
  • 2 mins read

IRTI, UNHAS to enhance Islamic finance education

As part of initiatives to develop Islamic finance as an academic discipline, the Islamic Research and Training Institute (IRTI) of the Islam ...

  • Gold
  • 1 min read

Asian shares resume descent, oil prices up on Saudi tensions

Asian shares slipped on Monday as worries over Sino-U.S. trade disputes, a possible slowdown in the Chinese economy and higher U.S. borrowin ...

  • Gold
  • 3 mins read

Market Wrap-Up

See week on week market comparison for : Indices, currencies, equities, commodities and treasuries.... US. Indices Dow -4.2%to 25,3 ...

  • Admin
  • 1 min read

Scarlett Johansson's New $4 Million New York Home

Scarlett Johansson has purchased a new home just north of New York City. According to the New York Post, the 33-year-old Ave ...

  • Gold
  • 1 min read

Gold spikes to $1218 as dollar slips

Comex gold climbs more than 2% to $1,218/oz. for its third straight daily gain, the metal’s best run since late August, as the dollar ...

  • Gold
  • 0 mins read

BROAD-BASED EURO-ZONE ECONOMIC GROWTH WILL CONTINUE

   •  The Euro area economy continues to expand in a broad-based manner.   •  A test of economic ind ...

  • Gold
  • 0 mins read

CHINA'S STATE MEDIA CALLS FOR BROAD STOCK MARKET "SUPPORT

Chinese state media outlets are rattling their bells, calling for support in equities as they attempt to soothe fears from the current "corr ...

  • Gold
  • 0 mins read

ECB CAN'T, AND WON'T, RESCUE ITALY WITHOUT A FULL-ON BAILOUT AGREEMENT

The ECB will be unlikely to provide any type of specific financial aide or assistance to Italy in the face of burgeoning bond yields and que ...

  • Gold
  • 1 min read

We’re being punished for ‘doing the right thing’: Philippine Finance secretary

KEY POINTS Speaking to CNBC at the IMF and World Bank meetings in Bali, Indonesia, Philippine Finance Secretary Carlos Dominguez said ...

  • Gold
  • 2 mins read

S&P 500 drops below key level watched by traders, signifying the bull market could be broken

Wall Street’s anxieties took a new turn Thursday after the stock market broke below a key technical level that has supported the marke ...

  • Gold
  • 1 min read

Currency Manipulation

“Recent reports suggest the Trump administration has been unhappy with the RMB depreciation and President Trump has, in the past, expr ...

  • Gold
  • 1 min read

Asia stocks crumble: Shanghai topples more than 5%, Nikkei declines nearly 4%

KEY POINTS Asia markets fell sharply on Thursday, with the stock indexes in Shanghai and Shenzhen both tumbling more than 5 per ...

  • Gold
  • 4 mins read

MALAYSIAN MANUFACTURING POINTS TO SLOWER GDP GROWTH

Malaysian industrial production growth slowed to 2.2% year-on-year in that month from 2.6% in July.Key Quotes“The outcome was slightly ...

  • Gold
  • 0 mins read

UK HOUSING PRICES OUTLOOK WEAKEST SINCE BREXIT

British housing surveyors are increasingly downbeat about housing prices, with the RICS housing survey ticking into its worst reading since ...

  • Gold
  • 0 mins read

VERY CONCERNED BY SINO-US TRADE TENSIONS

Jim Yong Kim, President of World Bank, is concerned by the US-China trade tensions and fears a clear economic slowdown if all countries went ...

  • Gold
  • 0 mins read

Market Recap

Forex trade in previous sessiin was lively with a heavy risk-off tone emanating from concerns over global growth and further IMF warnings af ...

  • Gold
  • 4 mins read

US PRESIDENT TRUMP CALLS THE US FED 'CRAZY'

On Wednesday US President Donald Trump lambasted the US Federal Reserve once again, complaining that the Fed has gone "crazy", but the presi ...

  • Gold
  • 0 mins read

CURRENCY MANIPULATIONS

Mitul Kotecha, Senior Emerging Markets Strategist at TD Securities, suggests that nervousness over the upcoming US Treasury semi-annual FX r ...

  • Gold
  • 0 mins read

NEW ZEALAND'S ROBERTSON: PRUDENT TO RUN SURPLUSES, PAY DOWN DEBT

The International Monetary Fund's (IMF) latest global economic forecasts highlight the importance of running budget surpluses and pay down d ...

  • Gold
  • 1 min read

GLOBAL DEBT IS GROWING

Global debt levels reached a record $182 trillion in 2017, having grown 50 percent in the previous decade, the International Monetary Fund ( ...

  • Gold
  • 0 mins read

TRUMP TO INCREASE ETHANOL USE IN PETROL TO APPEASE FARMERS, SHUNS OIL PRODUCERS

US President Donald Trump is seeking to eradicate limits on gasoline fuels that contain large amounts of ethanol, in an effort to bid up US ...

  • Gold
  • 1 min read

UK PPM MAY TO FORCE A BREXIT COMPROMISE AT HOME

The flow of Brexit-centric headlines continues through the week, and the UK Times is out with notes on UK Prime Minister Theresa, who looks ...

  • Gold
  • 0 mins read

FED'S WILLIAMS REPEATS EXPECTATION FOR FURTHER GRADUAL RATE HIKES

John C. Williams, President of Federal Reserve Bank of San Francisco, is out on the wires stating that he expects further gradual ...

  • Gold
  • 0 mins read

IMF: GLOBAL FINANCIAL STABILITY AT RISK WITH RISING TRADE TENSIONS

As reported by Reuters, the International Monetary Fund (IMF) is warning that still-rising trade tensions are becoming an increasingly ...

  • Gold
  • 1 min read

BREAKING NEWS: GBP/USD BREAKS TREND LINE RESISTANCE, EN ROUTE TO R1 1.3141 ON BREXIT NOISE

GBP/USD has rallied to the highest levels since 26th October at the time of writing and is embarking on a test of R1 at 1.3141 on posit ...

  • Gold
  • 0 mins read

BREAKING NEWS: RAAB SPEAKING EARLIER THAN SCHEDULED, "THERE ARE STILL DIFFERENCES"

Raab is making comments on Brexit post a parliamentary discussion: We continue to press our case for future relationships. Will ...

  • Gold
  • 0 mins read

EUR/GBP LOOKING FOR A TEST OF R3 AND POSSIBLE BREAK TO 0.87 THE FIGURE ON POSITIVE BREXIT NOISE

9 October 2018, 19:10 EUR/GBP sent packing on Brexit noise as we wait for Raab's presser and update. EUR/GBP on the verge of a test of R3 ...

  • Gold
  • 2 mins read

USD/TRY SHOULD SEE A DEEPER PULLBACK WHILE BELOW 6.2248 –

In opinion of Axel Rudolph, Senior Analyst at Commerzbank, the pair is expected to keep the bearish stance as long as it trades below 6.2248 ...

  • Gold
  • 0 mins read

IMF Cuts Forecast for Global Growth as Trade War Takes Its Toll

The International Monetary Fund said the world economy is plateauing as the lender cut its growth forecast for the first time in m ...

  • Gold
  • 3 mins read

Asia stocks at 17-month low as China lets yuan slip

Asian shares hit 17-month lows on Tuesday as China allowed its currency to slip past a psychological bulwark amid sharp losses in domestic s ...

  • Gold
  • 3 mins read

Microsoft is investing in ride-hailing firm Grab

KEY POINTS Tech giant Microsoft said it will invest an undisclosed sum into Singapore-based ride-sharing company Grab as part of a st ...

  • Gold
  • 3 mins read

China says it’s not afraid of trade war with the US — its actions show Beijing is nervous

KEY POINTS The People’s Bank of China announced on Sunday it was cutting the reserve requirement ratio for most banks by 100 ba ...

  • Gold
  • 4 mins read

Forex Weekly Outlook October 8-12 – Dollar dominates again

The US Dollar gained some ground against its peers in a turbulent week. What’s next? US inflation stands out in the second week of Oct ...

  • Gold
  • 2 mins read

Chris Evans says 'farewell' to Captain America role

Chris Evans appears to have hung up Captain America's shield for the last time as he posted a message of farewell on social media. The ac ...

  • Gold
  • 1 min read

Stocks Decline as U.S. Yields Rise; Dollar Steady: Markets Wrap

Stocks in Europe fell along with U.S. equity-index futures as Treasury yields resumed their upward march, rounding out a tough week when a&n ...

  • Gold
  • 1 min read

World's Richest Lose $63 Billion on Trade Tensions, Stock Slide

The combined net worth of the world’s 500 richest people fell the most in six months on Thursday, according to the Bloomberg Bill ...

  • Gold
  • 0 mins read

Asia markets mostly gain after muted Wall Street moves overnight

KEY POINTS Fed Chairman Jerome Powell said the U.S. central bank was “a long way” from neutral on interest rates on ...

  • Gold
  • 2 mins read

JPMorgan Cuts China Stocks on Risks of Full-Blown Trade War

The likelihood of a “full-blown trade war" next year between the world’s two largest economies made JPMorgan Chase & Co. the ...

  • Gold
  • 1 min read

Chinese movie star Fan Bingbing hit with huge tax evasion fines

BEIJING (Reuters) - China has ordered A-list movie star Fan Bingbing to pay about 884 million yuan ($129 million) in overdue taxes and fines ...

  • Gold
  • 2 mins read

The World's Worst Stock Market Is Not Cheap Enough to Buy

For some Philippine money managers, it’s still too soon to scoop up shares in the world’s worst-performing stock market. As the ...

  • Gold
  • 2 mins read

Asia markets mixed despite Dow’s record high overnight

Asia markets were mixed on Wednesday morning following the Dow Jones Industrial Average’s record high overnight on Wall Street. The&n ...

  • Gold
  • 2 mins read

Five Things You Need to Know to Start Your Day

Federal Reserve Chairman Jerome Powell said he sees inflation risks in the U.S. economy as muted. An international survey found that a hefty ...

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Rupiah Weakens Past 15,000 per Dollar for First Time Since 1998

Indonesia’s rupiah weakened past 15,000 per dollar for the first time in 20 years amid a souring of sentiment toward emerging-nation a ...

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Five Things You Need to Know to Start Your Day

It took a while to get there, but the U.S., Canada and Mexico have struck a revised trade deal. Meanwhile, oil reached the highest level sin ...

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Dollar consolidates gains, yen weighed by appetite for risk after NAFTA deal

TOKYO (Reuters) - The yen traded near its lowest in more than 10 months against the dollar on Tuesday, weighed down by increased risk appeti ...

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China says its economy is slowing. Its central bank may be preparing to intervene

KEY POINTS China’s central bank is likely to cut reserve requirement ratios for banks one more time this year, said Jeff Ng, ch ...

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Philippines still a net borrower as of end - June

MANILA, Philippines — The Philippines remains a net borrower despite the 16.2 percent decline in its international investment positi ...

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U.S. Stock Futures, Loonie, Peso Advance on Trade: Markets Wrap

U.S. equity futures advanced along with the currencies of Canada and Mexico as negotiators agreed to preserve a three-way trade bl ...

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China’s Manufacturers Slow in September as Trade War Worsens

Two gauges of activity in China’s manufacturing sector worsened in September, reflecting the nation’s economic slowdown and fall ...

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Indonesia hikes rates again to defend its currency, but analysts see further weakness ahead

KEY POINTS Bank Indonesia on Thursday raised its benchmark policy rate by 25 basis points to 5.75 percent in another attempt to cur ...

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Nikkei scales 27-year highs as investors raise bets on Japan Inc

* Nikkei has risen 1.3 pct for week * Nikkei on track to post biggest monthly gain since last Oct * Rising freight charges lift shippers ...

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'Game of Thrones' star Sophie Turner hints HBO show's 'heartbreaking' finale may divide fans

Sophie Turner says reading the “Game of Thrones” finale script tugged at her heartstrings. Turner, 22, looked back on the big m ...

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Goldman, JPMorgan, four others must face stock lending antitrust case

NEW YORK (Reuters) - A U.S. judge on Thursday ordered Goldman Sachs Group Inc (GS.N), JPMorgan Chase & Co (JPM.N) and four other large b ...

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Index suffers as foreign funds continue to flee

MANILA, Philippines — Market investors continued to dump Philippine stocks, making the local stock market the worst performing index i ...

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Porsche Increases Investments in New Technologies With Focus on Blockchain and AI Startups

German automobile manufacturer Porsche AG will increase in its investments in startups — with a focus on blockchain and ...

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Fed raises U.S. interest rates, sees at least three more years of growth

WASHINGTON (Reuters) - The U.S. Federal Reserve raised interest rates on Wednesday and left intact its plans to steadily tighten monetary po ...

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Malaysia in Talks to Become First in Asia to Allow Medical Pot

Public outrage over a death penalty handed to a 29-year-old man is spurring Malaysia to start talks to legalize marijuana for medical use, r ...

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Google to allow certain cryptocurrency ads in U.S., Japan

(Reuters) - Alphabet Inc’s (GOOGL.O) Google said on Tuesday it would allow certain regulated cryptocurrency exchanges to advertise in ...

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Five Things You Need to Know to Start Your Day

U.S. President Donald Trump unleashes a list of global grievances at the United Nations, and India cuts imports of Iranian oil to zero.  ...

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Malaysia: MIDF is neutral on Nazir Razak’s departure from CIMB

MIDF Research is neutral on the news of Datuk Seri Nazir Razak stepping down from his position as CIMB Group Holdings Bhd chairman and all o ...

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New U.S.-South Korea Pact Spurs Hopes for Nafta, China Deals

The signing of a renegotiated free-trade agreement between the U.S. and South Korea is spurring optimism that export markets for American fa ...

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Major Traders Are Talking About $100 Oil Again

Major oil trading houses are predicting the return of $100 crude for the first time since 2014 as OPEC and its allies struggle to compensate ...

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Asia Stocks Open Mixed as Politics, Trade Dominate: Markets Wrap

Asian stocks were off to a muted start Tuesday after U.S. stocks slipped on growing concern about the outlook for global trade and American ...

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Indonesian Market Today

A. Indonesian Market Morning Review As trade war between China and USA still in session, and each of them prolong the trade war, our Indone ...

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Ramalan JPMorgan: Krisis finansial berikutnya akan menyerang di 2020

KONTAN.CO.ID - NEW YORK. Seberapa buruk krisis finansial berikutnya akan terjadi? Berikut analisa JPMorgan Chase & Co. Satu dekade ...

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China cancels military talks with U.S

China cancels military talks with U.S China summoned the U.S. ambassador in Beijing and postponed joint military talks in protest against a ...

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Japan and U.S trade deal ?

Trade deal on a table... Japan is mulling a bilateral trade agreement with the United States that would lower tariffs on U.S. agriculture i ...

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Decae ago banks were first to fall...

Banks were first to fall... Banks were the first institutions to fall in a decade of lost trust. The crisis that reached its climax with th ...

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Vietnam President dies.

Vietnam President dies aged 61. Vietnamese President Tran Dai Quang has died in a military hospital at the age of 61, state media report. ...

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Palm Oil Plantations in Indonesia

Moratorium on New Palm Oil Plantations in Indonesia   Indonesian President Joko Widodo signed Presidential Instruction No 8/2018 on t ...

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What is Islamic Finance?

Islamic finance is a global financial system that complies with sharia  — a code of conduct that guides all aspects of Muslim lif ...

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FED Interest Rates

What will FED do? FED interest rates are kept at 2.00 level at this moment. According to Smart Trend research and global analysts’ e ...

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International Anti-Money Laundering Standards for Crypto Expected in October

The Financial Action Task Force (FATF) said it is getting closer to the establishment of a global set of anti-money laundering (AM ...

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Best time to switch from PHP assets?

  USD to PHP Forecast, Dollar to Philippine Peso Currency Rate Prediction Should I choose switch to USD assets from PHP at the moment ...

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Next James Bond film to be directed by Cary Joji Fukunaga

LONDON (Reuters) - The next James Bond film will be directed by American Cary Joji Fukunaga, the man behind the first season of U.S. drama & ...

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What about Indonesia?

Is Indonesia still good investment location? Damhuri Nasution, Head of Economic Research at the Danareksa Research Institute, has reported ...

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US Market Update

Top 3 Facts on US Stocks at the moment The Dow Jones Industrial Average  and the S&P 500   reachedto record closing highs. ...

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Hewlett Packard Enterprise declares $0.1125 dividend

Hewlett Packard Enterprise (NYSE:HPE) declares $0.1125/share quarterly dividend, in line with previous. Forward yield 2.67% Payable Jan. 2 ...

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Dollar Slips, Yen Nears Two-Month Low as China Announces Retaliation Tariffs

Investing.com - The U.S. dollar slipped, while the Japanese yen hovered near a two-month low on Wednesday as investors digested the latest t ...

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The Emerging Market Rout Is Nearing a Turning Point, Templeton Says

  Franklin Templeton Investments says the rout in emerging markets may be nearing a bottom, though reckons there are st ...

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The Australian Dollar Is Acting Like an Emerging-Market Currency

Australia’s dollar is finding itself in unusual company these days, getting sold along with former emerging-market darlings such as th ...

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GFS Asia Tips for Successful Trading in The Forex Market

GFS Asia Skilled tips provider. Trading in the foreign-currency exchange markets seems to be growing ever more popular. Forex trading is not ...

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GFS Asia Forex Traders Should Understand This, It May Help!

GFS Asia Proficient tips provider. The Forex monetary system is an economic currency market that circulates around the exchange rates of for ...

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GFS Asia Cutting Through the Confusion of Forex Trading

GFS Asia Qualified tips provider. Trading on the foreign exchange seems to be a big mystery to a lot of people. However, it is really not an ...

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Why Warren Buffett's record-breaking cash stockpile should have investors very worried

  Warren Buffett's Berkshire Hathaway had $111 billion of cash on its balance sheet at the end of last quarter, the most in the compan ...

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Euro struggles to make headway even as dollar rally fades; yen rebounds

By Tommy Wilkes LONDON (Reuters) - The euro hovered around the $1.16 mark on Wednesday but failed to capitalise on a pause in the ...

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Bull Market Bashers Can’t Cry Complacency

Investors’ cautious optimism leads market commentary. The S&P 500 Index rallied on Tuesday, coming within 0.3 percent o ...

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Asian shares up for fourth day on solid US earnings, China stimulus hopes

  TOKYO (Reuters) - Asian shares extended their recovery into a fourth day on Wednesday, buoyed by strong U.S. earnings and expectatio ...

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