Currencies
For the 12-month period from April 2018 to March 2019, U.S. home purchases by foreign buyers dropped 36%. According to the National Association of Realtors (NAR), foreigners bought only 183,100 properties worth about US$77.9 billion, down from 266,800 valued at US$121 billion in the previous period. That’s a loss of US$43 billion worth of home […]
... written on Jul 18 2019If the United States’ economy is in bad shape due to its trade war with China, how come its stock market has been so bullish lately? The S&P 500 is about to pull off its best first half of a year in at least 10 years and the Dow Jones Industrial Average (DJIA) is enjoying its best June […]
... written on Jun 27 2019Facebook, despite earning US$55.8 billion in 2018, isn’t happy with its profit. Facebook wants to become the Federal Reserve of social media – ability to print money and control the money supply and movement ultimately. Meet Libra, the new digital currency just unveiled by Facebook, scheduled to be launched in the first half of next […]
... written on Jun 18 2019Having a side gig will help you boost your income for sure, but as you anticipate, it will be eating up most of your time. Juggling with a 9 to 5 job and another gig will keep you busy 24/7. So, what solutions do you have here? You can look closer into side income-generating investment […]
... written on May 30 2019If you’re trading online, it’s crucial that you understand how the global economy works. This will give you the knowledge and expertise to interpret economic data. You can then apply this knowledge when making trading decisions. For example, when the US markets fall, there is a probability that Asian and European markets will fall as […]
... written on Apr 26 2019The RM10 million he remitted through a money changer a decade ago was for the purchase of an apartment in London – claims former Negeri Sembilan Mentri Besar (Chief Minister) Mohamad Hasan. It appears his past has come back to haunt the Barisan Nasional candidate fighting for the Rantau by-election. Popularly known as “Tok […]
... written on Apr 08 2019We’re approaching end of the month of March and a lot of events with great impact on the market will take place. Brexit deadline, US debt ceiling, trade war with China will be on the spotlight in the next few weeks. Until then, today we want to show a technical analysis of the most popular […]
... written on Mar 16 2019Last month, the IMF (International Monetary Fund) lowered its global economic growth forecast for this year (2019) from 3.7% to 3.5%. Now, the organisation has a new warning – prepares for an economic storm. Speaking at the World Government Summit in Dubai, the IMF Managing Director Christine Lagarde said – “We see an economy that […]
... written on Feb 11 2019As President Donald Trump embarks on a record sale of Treasury bills, notes and bonds to pay for its big tax cuts and spending, the United States hopes foreign buyers would scramble to get a chunk of American I.O.U. papers. Sadly, foreign investors appear to give a pass on the U.S. debt securities. And this […]
... written on Nov 28 2018In every kind of business, you’ll need to make solid plans for management. The trading business is also no different than others. In fact, here, you will need to make more plans and strategies to run your business. Because it is a game of mind and you will have to think a pot for this […]
... written on Oct 16 2018
