S&P 500 broke down below the 3400 level in the E-mini contract during the trading session on Monday and what would have been very thin liquidity due to the fact that it was Labor Day in the United States. At this point, the 50 day EMA is sitting just underneath, and could offer a significant
Is it white supremacists who have been looting & burning 400 US cities? Trump’s own DHS declaring a fiction to be the greatest lethal threat to the US? by Paul Craig Roberts via PaulCraigRoberts.org Genrick Yagoda says: September 3, 2020 at 6:43 pm GMT PCR is the single most important political voice in the Western World.
The UK’s competition regulator (The Competition and Markets Authority or CMA) has fined Amazon 55,000 pounds over delayed responses to the information requested in connection with the e-commerce giant’s purchase of a 16% stake in London-based food platform Deliveroo. Last month, the competition regulator finally cleared Amazon’s (AMZN) purchase of a minority stake in Deliveroo
by confoundedinterest17 It is Labor Day and I wish all workers the best since US employment is returning despite the government lockdown of numerous states due to Covid. But California got a double whammy: Covid plus raging wildfires … again. Are you ready? (Bloomberg) — PG&E Corp. warned it may cut off power to 103,000 of its customers in
Wall Street was once a proverbial cul-de-sac—a small, yet powerful, contingent of investment bankers, money managers, and CEOs within a stone’s throw of each other. Globalization has forever disassembled this original construct as the trend towards outsourcing continues. The financial industry has followed other industries in its cost-cutting efforts to help improve the bottom line. Moving financial
Sterling shed nearly 1 per cent of its value against the US dollar on Monday and futures markets were braced for a rise in volatility, after Brexit risks returned to haunt the UK currency and put a stop to a strong summer run. The pound slumped to $1.3161 by early afternoon on Monday, losing 0.91
It is not only the current spat over “Rule, Britannia!” at the Last Night of the Proms. The Black Lives Matter protests have brought to the boil a more general concern over the lack of diversity in classical music that has been simmering for years. Over the past weekend two online events put the issue
Last weekend was incredibly rough for most cryptocurrency investors as massive sell-offs occurred. The price of Bitcoin (BTC) dipped below $10K several times but seems to have found short-term support at this level. The primary question for the markets is whether a relief rally is around the corner or further downside movement is expected. Let’s
View Pictures/Universal Images Group via Getty Images There is a great debate raging around the world on the future of office spaces. Many are trying to return to the way things were, while others claim the modern office is dead. Huge companies are following Twitter’s example in saying that their workforce can work from home
Matt Cardy | Getty Images News | Getty Images U.K. house prices saw their biggest growth since 2016 in August, climbing to a record high, according to Britain’s longest-running barometer of the property market. The Halifax House Price Index, which is run by analysis company IHS Markit, found that U.K. house prices grew by 5.2%
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2.75 on September 6. The highest average daily fee on the
How can racial discrimination in mortgage lending be prevented getty That is the thrust of a recent article by Diana Olick in CNBC, which she terms “An outrageous tale that reveals Black discrimination in the housing market.” Her information comes from Akili Akridge, a black applicant who “had all the right stats: a steady six-figure
Silver price (XAGUSD) is gaining today as traders react to the strong economic data from China and the US. The metal’s price is trading at $27.00, up by 1.10% from the Friday’s close. Gold, on the other hand, is trading at $1,935, up by 0.15%. while copper price is up by 0.20%. Silver price is
American’s views on the issues seem to be influenced by their political affiliation… by Franz Walker via Natural News (Natural News) In a recent national survey, more than 44 percent of Americans stated that they were in favor of shutting the country down again if it was necessary to fight the Wuhan coronavirus (COVID-19). The poll, conducted by
Online pet products retailer Chewy Inc (CHWY) is gearing up to report its earning results on September 10, after the market closes. Chewy is a leading pure-play e-tailer in the United States, offering pet owners virtually everything their pet needs, with the mission “to be the most trusted and convenient Online destination for pet parents
by Martin Armstrong The Director of the CDC has come out and bluntly stated that there have been far more deaths from suicides and drug overdoses than from COVID-19. The leftist media will no doubt claim the CDC is wrong. The social media firms will scrub any mention that this COVID has been a hoax.
Tesla remains one of the hottest companies on the market, with an incredible P/E ratio of 1,076.31. However, it is also one of the most volatile stocks, meaning investors who want a cost-effective way to gain exposure to Tesla should consider investing in one of these three exchange-traded funds (ETFs) that include the California-based electric
Shareholders in SoftBank wiped nearly $9bn off its market value on Monday after weekend revelations that the Japanese conglomerate was the mystery “whale” that had driven US technology stocks to record highs. The Financial Times reported on Sunday that the group’s trading strategy meant it was now sitting on gains of about $4bn after founder
Shares in China’s largest contract chipmaker tumbled on Monday after reports that the US was planning to blacklist the company in a move that could neuter the country’s semiconductor industry. Shares in Semiconductor Manufacturing International Corporation closed down 22.9 per cent in Hong Kong and 11.3 per cent in Shanghai, wiping more than $6.1bn off
Bitcoin (BTC) continues to test $10,000 support after a weekend in which it consolidated after a major drop — what next? Cointelegraph takes a look at the major factors set to influence BTC price action in the coming week. Keiser: U.S. currency index needs to drop below 80 The end of last week saw big
DeFi project – Xfinance announced they will cooperate with LID Protocol and launch XFI ILO presale on the LID presale Dapp, launch date scheduled for September 10th. LID Protocol solves the issue of Uniswap exit scamming by using standardized non-custodial presale smart contracts that lock liquidity. After the presale is completed, 60% of ETH will
“We will continue to work with the Senate and House on a bipartisan basis for a phase four relief package,” Treasury Secretary Steve Mnuchin said Sept. 1 at a House hearing.Bloomberg News The post-Labor Day return of Congress to Washington leaves lawmakers just over three weeks to agree on a stopgap to avoid a government
Silver 4 Hour Price Update Updated September 07, 2020 07:17 AM GMT (03:17 AM EST) The end of a 3 four-hour candle negative run has come for Silver, which finished the last 4 hour candle up 0.96% ($0.25). Out of the 5 instruments in the metals asset class, Silver ended up ranking 2nd for the
Trump is going to have a wider margin of victory than he did in 2016. The Democrat Party has shot themselves in the foot… Kevin Shipp interviewed on USA Watchdog by Greg Hunter Former CIA Officer and counter-terrorism expert Kevin Shipp predicts, “Trump is going to win, but when Trump wins . . . these
Have stocks reached an impasse? For the last six months, the market has bounced back in a V-shape despite the havoc COVID-19 has wreaked, spurring an unprecedented economic and financial backdrop. Standing at the front of the pack has been the tech sector, with the space holding up strong. That is, until a few days
by Martin Armstrong Here is a glimpse of the models we are running on the individual states. It appears that the vote for Trump may be overwhelmingly a surprise. We see the vote for Trump even in California rising from 31% to probably 42%. While the Democrats may still carry the state at the Electoral
With the cost of college rising each year and questionable career prospects awaiting college graduates, some people are wondering if a college education is still worth it. If you took all of the money you would spend on a college degree and invested it, would you come out ahead? Are college loans worth it? One
When Covid-19 struck the world economy investors initially punished Afterpay, a “buy now, pay later” fintech claiming to change how people shop. But six months on, the Melbourne-based company is confounding critics by capitalising on surging ecommerce, rapid growth in the US and a shift away from credit cards. Afterpay doubled its customer numbers to
George Russell in Hong Kong The Australian state of Victoria unveiled on Sunday what it hoped was a gradual return to normality after months of severe movement restrictions and economic malaise due to a second wave of coronavirus. The country’s second-most populous state of 6.4m reported 41 new cases on Monday after 63 new cases
Crypto YouTuber Sunny Decree recently saw his livestream cut short by YouTube, with the platform stating the video had violated its ‘harmful and dangerous policy.’ According to a Sept. 5 tweet from Sunny Decree, the video-sharing platform halted his most recent livestream on his English language channel — based in Switzerland, the content creator also