In this article DBSM-SG DBS Group Holdings in the central business district of Singapore. Nicky Loh | Bloomberg | Getty Images SINGAPORE — DBS Group Holdings, the largest bank in Singapore and Southeast Asia, reported on Thursday second-quarter earnings that beat expectations as the economic recovery in its home market takes hold. The bank’s net
A modest pickup in demand for the GBP prompted fresh selling around EUR/GBP on Thursday. The improving COVID-19 situation in the UK continued acting as a tailwind for the British pound. The latest BoE monetary policy decision will now be looked upon for a fresh directional impetus. The EUR/GBP cross extended its steady intraday descent
I will show you a great forex trading strategy using only two indicators. At the start, I will show you a trade I placed with this strategy and later going to explain the reasons why I used the stochastic RSI & 50 moving average as my entry base for a great two indicator strategy. Forex
Welcome to my 1st Forex Trading video for Beginners. This is just a brief summary of what forex is all about, you’ll get to know; -What is Forex. -What is traded on Forex. -How it works. This is the link to the website I used before I started trading Forex; https://www.babypips.com/ **Forex is broader than
Want to learn to trade forex, make sure you check this video out and see what forex trading strategies I apply to the markets. This video is sponsored by IronFX for more information check the link below: Links In Video: Sponsor: http://tiny.cc/70m2uz Weekly Lessons:https://www.samuelandcotrading.com/products/weekly-trade-lessons Close Friends: https://subscriptions.samuelandcotrading.com/subscribe/826e293955f19592a29d800c28e677b16a2bba0f6b053217afe8ded60e8a6aa6/2021 TRADING: WEBSITE: https://www.samuelandcotrading.com CLUSTER INDICATOR: https://www.samuelandcotrading.com/products/cluster-algorithm-2-0 TRADEMATE: https://www.samuelandcotrading.com/products/trademate-algorithm
Dow moves down over -300 points. S&P down after record close yesterday The major indices are closing mixed. NASDAQ closes with a three day win streak S&P closes lower after yesterday’s record close Dow, S&P close near session lows Dow was down -325 points at the low. Close just off that low level Dow has its
Forex news for North American trading on August 4, 2021 The market was anticipating some key events and releases today. The first was the ADP jobs report. With the key US employment report on Friday, getting a feel for the possible direction via this report was eyed by traders. It came out much weaker than
New Delhi: Gold in the national capital on Wednesday rose by Rs 123 to Rs 46,992 per 10 gram amid gains in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,869 per 10 grams. Silver also zoomed Rs 766 to Rs 66,926 per kilogram
US futures turn south after much weaker than expected ADP job data. Yen regains much growth as risk sentiment turn cautious again. Though, as for today, Kiwi and Aussie are still the strongest. Canadian Dollar is currently the worst performing as dragged down by weakness in oil price. Dollar is following as the next weakest
A ‘We’re Hiring!’ sign is displayed at a Starbucks on Hollywood Boulevard on June 23, 2021 in Los Angeles, California. Mario Tama | Getty Images Job creation at private companies tumbled in July as fears mounted over the spreading coronavirus delta variant, payroll processing firm ADP reported Wednesday. Employers added 330,000 positions for the month,
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy reported better-than-expected second-quarter results after the bell on Wednesday, but it gave guidance for the current quarter that suggests the pandemic-fueled commerce boom may be stalling. The stock slid as much
AUD/USD holds onto pullback from three-week top, remains pressured of late. Comments from Fed Vice Chair Clarida, US Treasury Secretary Yellen renew tapering woes, US dollar strength. Aussie infection ease but the return of local lockdowns in China and virus fears in the US weighs on sentiment. Aussie trade numbers eyed for immediate direction but
Akoin, the cryptocurrency project developed by Senegalese-American singer Akon, has achieved success in its initial pilot testing at western Kenya’s Mwale Medical Technology City, or MMTC, paving the way for a national rollout in the near future. The pilot, which began in November 2020, is expected to pave the way for $5 million worth of
NZD/USD up 0.8% to 0.7072 currently The pair is building on the more positive kiwi sentiment earlier, following a strong NZ labour market report here, with the dollar also seen mildly softer across the board as we get things going in European morning trade. The push to 0.7072 sees the pair move to its highest
Latest data released by Markit/CIPS – 4 August 2021 Composite PMI 59.2 vs 57.7 prelim The preliminary report can be found here. That’s a decent bump in the final readings but it still reaffirms the slowest growth in UK business activity since March. Staff shortages amid self-isolation restrictions contributed to that alongside strongest input cost
NEW DELHI: Gold prices edged higher on Wednesday in the domestic market, tracking global cues. Gains in the yellow metal are supported by a subdued dollar. Gold futures on MCX were up 0.15 per cent, or Rs 72, at Rs 47,936 per 10 gram. Silver futures traded 0.31 per cent, or Rs 210, higher at
Following strong closes in US stocks, Asian markets ex-Japan are trading generally higher. The development helps lift commodity currencies generally higher. In particular, New Zealand Dollar is additionally lifted by much stronger than expected job data. Yen is paring some gains but weak treasury yields is keeping it afloat. On the other hand, Dollar continues
The Federal Reserve could begin slowing down its bond purchases as early as October under a scenario central bank Governor Christopher Waller set out to CNBC in a Monday interview. Should the August and September jobs report show growth in the 800,000 range, that would get the U.S. economy near its pre-pandemic level and, Waller