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We expect more international companies to announce their contingency plans as we have a better understanding on how the situation evolves, even though the situation develops rapidly, and toward the wrong direction across other continents...
Market News
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Jiming Huang, 20 March 2020, 12:33
The S&P500 advanced 0.47%, the Dow added 0.95%, as Nasdaq surged 2.30% in New York, as the Trump administration proposed more fiscal help including tax rebates up to $1200 per person, but more importantly, emphasized that more help is on the way...
Market News
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Jiming Huang, 20 March 2020, 12:30
As DiNapoli traders we are always able to determine market turning points ahead of time with the help of our advanced Fibonacci analysis. Below is the monthly silver chart. Look at the cluster of Fibonacci extensions around '8'...
Metals
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Onur Uzuncakmak, 19 March 2020, 11:15 #Fibonacci, silver
The world is on the verge of a severe economic depression, and unfortunately, without having fully recovered from the 2008 financial crisis...
Market News
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Jiming Huang, 19 March 2020, 08:58
The Euro area inflation figures, on the other hand, were left unrevised during the same month, though the sharp decline in oil prices point at the possibility of a dramatic decline in consumer prices starting from March. JP Morgan expects 0% inflation in the second quarter of 2020...
Market News
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Jiming Huang, 19 March 2020, 08:58
Due today, European inflation figures are seen unchanged in February. But the expectations proved weak factoring in the impact of coronavirus pandemic this far, hence investors should stand ready for disappointment. The euro dashed below the 1...
Market News
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Jiming Huang, 18 March 2020, 08:59
With supply chains disrupted since February, countries hit one after the other and businesses closed in many leading economies, it is not a question of if, but a matter of how bad and how long the coronavirus-induced recession will be...
Market News
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Jiming Huang, 18 March 2020, 08:59
Pivot (invalidation): 12.3800 Our preference Long positions above 12.3800 with targets at 13.2800 & 13.5000 in extension. Alternative scenario...
Market News
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Jiming Huang, 18 March 2020, 08:40
Released yesterday, the NY Empire State Manufacturing Index tanked to -21.50 in March versus +4 expected by analysts and +12.90 printed a month earlier. Producer prices in Switzerland deflated by 2.1% in February versus -1.0% released a month before...
Market News
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Jiming Huang, 17 March 2020, 09:19
S equities rebounded past 3% after the Dow closed 12.93% lower, the S&P500 and Nasdaq tumbled 11.98% and 12.32% in the worst sell-off since 1987. The Fed’s 100-basis-point cut was fully bypassed by the market...
Market News
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Jiming Huang, 17 March 2020, 09:17
Asian stocks were smashed, with Australia’s ASX (-9.70%) taking the biggest hit amid industrial production in China declined 13.5%, fixed asset investment tanked 24.5% and retail sales fell 20...
Market News
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Jiming Huang, 16 March 2020, 09:10
The latest sell-off has been a good test for the oil market. WTI crude held ground above $30 a barrel, laying the foundations of a solid support at this level...
Market News
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Jiming Huang, 13 March 2020, 09:11
US stocks had their worst day since 1987 even after the Federal Reserve’s (Fed) announcement to flood the market with $5 trillion dollar over the next month. The Dow closed 9.99% down, as the S&P500 and Nasdaq slumped 9.51% and 9.43% respectively...
Market News
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Jiming Huang, 13 March 2020, 09:10
Today, the European Central Bank (ECB) chief Christine Lagarde is preparing to unveil her plans to fight the coronavirus-driven economic slowdown in the Eurozone...
Market News
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Jiming Huang, 12 March 2020, 12:46
US stock futures sank past 4% after the Dow closed 5.86% down in New York as Donald Trump’s public address fell short of what investors were hoping for...
Market News
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Jiming Huang, 12 March 2020, 12:46
Still, the US 10-year yield consolidated above the 0...
Market News
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Jiming Huang, 11 March 2020, 09:14
The US stocks first gained 3.5%, then erased all gains and slipped to negative, and finally rallied to close the day near 5% higher, the biggest one day jump since December 2018 on hope that US President Donald Trump would deploy ‘substantial’ fiscal measures to halt the freefall in stock markets...
Market News
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Jiming Huang, 11 March 2020, 09:13
The US dollar recovered a part of Monday’s heavy losses. The EURUSD eased to 1.1331 after having tested the 1.15 offers during yesterday’s dollar meltdown...
Market News
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Jiming Huang, 10 March 2020, 09:20
Most Asian equity indices rebounded following Monday’s bloodbath and US equity futures rallied as US President Donald Trump announced that the White House and Congress will meet on Tuesday to consider ‘very substantial’ economic relief measures, which may include a payroll tax cut...
Market News
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Jiming Huang, 10 March 2020, 09:20
Совсем недавно компания Matrixport, которая предлагает унифицированную финансовую платформу для работы с цифровыми активами, запустила официальный сайт и мобильное приложение на русском языке...
Market News
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SergeyVladimiro, 9 March 2020, 18:10