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Sensex, Nifty Open Modestly Higher
Indian shares opened a tad higher on Wednesday after technology stocks drove Wall Street to record highs overnight.
The benchmark S&P BSE Sensex rose 98 points, or 0.25 percent, to 38,999 in early trade, while the broader NSE Nifty index was up 39 points, or 0.34 percent, at 11,509.
Bharti Infra
Swiss Trade Surplus Falls Slightly; Watch Exports Decline Slows
Switzerland's trade surplus fell slightly in July with both exports and imports growing at slower rates, while the pace of decline in watch exports eased sharply after poor performance in the previous few months due to the impact of the coronavirus pandemic on global trade.
The trade surplus modestl
CySEC Settles with Rodeler for €280,000
Photo: FM
The Cyprus Securities and Exchange Commission (CySEC) has announced on Wednesday about its settlement with Rodeler Ltd for €280,000 for “the possible violation of the Investment Services and Activities and Regulated Markets Law of 2017.”
The settlement has been made as the CySEC-regulate
Technical Issues Cripple SVS Clients’ Access to Their Money at ITI Capital
Photo: iStock
The special administrators of collapsed broker SVS Securities have reassured clients that their money is accessible, and they are working with ITI Capital, which acquired SVS’ assets in June, to finalise funds distribution.
The latest update came as some SVS clients were unable to ac
EUR/USD positive momentum dominates the pair
The EUR/USD is bullish. We should see a continuation to the upside with or without retracement.
1.1600-15 is the POC zone. Another lower entry zone might be 1.1675. Pay attention to any retracement towards those levels as there might be buyers waiting for a move up. The first target is 1.1731 while
(EP #119) Kelvin Trade Ideas EURNZD Bat Pattern 2020-06-19
#EUR/NZD#
Two bat patterns is spotted in the four hours chart. The bearish bat pattern provides a potential reversal level from 1.77120 to 1.76600. The bullish bat pattern provides a potential reversal level from 1.72660 to 1.72440. I will wait for the market to reach one of the poten
Yen Firm after Strong Rebound, Ignore Stocks Rally
Yen surges broadly this week and remains generally firm in Asian session. Pull back in treasury yield is seen as a factor driving the Yen higher. Yet, the lack of selling in Yen despite strong risk appetite, with NASDAQ extending record run, is something to note. it might be an early hint of risk pu
WTI retreats from 12-week high as OPEC+ news confront Sino-American tension
WTI steps back from 13-week top of $36.04 flashed early in Asia.
OPEC+ to pre-pone meeting, calls for 1-2 month extension to current output cuts are on the hike.
US and China remain at loggerheads, riots in America add to the geopolitical worries.
China’s Caixin Manufacturing PMI can offer immediate
Oil Price Forecast: WTI breaks short-term rising channel, slips further below $19
NYMEX WTI Futures for June fails drops over 5.0% while defying a short-term bullish technical pattern.
61.8% Fibonacci retracement, 200-HMA on the sellers’ radars.
Buyers look for fresh entries beyond Friday’s trend line resistance.
Having breached a short-term ascending trend channel from April 28
QUALCOMM: Rise or fall for the fabless chipmaker?
Qualcomm Incorporated (QCOM) is scheduled to report its Q2 fiscal 2020 results on 29th April. Last Friday (24th April), QCOM share price closed higher at $75.99 following its 3.16% gains intraday. Despite a sharp plunge (which came in line with the coronavirus stock market crash) since the beginning
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