The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of the coronavirus crisis and a price war between top exporters Saudi Arabia and Russia.Cuts already announced by eight major oil companies, including Saudi Aramco (SE:2222) and Royal Dutch Shell (LON:RDSa), come to a combined $28 billion, or a drop of 20% from their initial spending plans of $142 billion.
I placed STOPSELLCADJPY trade 31-03-2020 on both HANTEC and HOTFOREX platforms.To my dismay,HOTFOREX started execution after some minutes and I ran at a loss.The market execution started 1-04-2020 the following morning and hit a TP.I have losing trade with HOTFOREX,I am a professional in this business with 4 years experience. Please, investigate this.
Crude oil fell sharply on Monday, with U.S. crude briefly dropping below $20 and Brent hitting its lowest level in 18 years, on heightened fears that the global coronavirus shutdown could last months and demand for fuel could evaporate further.
Amid the raging global pandemic, slumping oil price and liquidity crisis, the US Federal Reserve has been doing its utmost to save the market. But what investors may be most concerned about is this: has US stocks bottomed out?In terms of valuation, US stocks have fallen to a low level after successive slumps. S&P500 estimated price-to-earning ratio is 13.9, down from 16 of a week ago and the lowest since 1990。 This,though not a record low, is already less than most historical data.Overall, market evaluation of various sectors’ stock performances are getting more reasonable, with several sectors such as industry, finance and real-estate underpriced and showing more potentials for investment. Though investors may not be able to precisely pinpoint the lowest extreme, but the current US stock indices are clearly at a relatively low range. And with the Federal Reserve again applying zero-interest-rate and resuming QE, global central banks also follow suit in announcing new easing policies, creating an extremely favorable policy environment.With the market valuation near a historical extreme, overly-panic is not a good choice now. Investors should remain positive and remember to “Be fearful when others are greedy, and greedy when others are fearful”.
Silver termasuk salah satu komoditas logam mulia unggulan setelah Gold. Namun demikian, mayoritas broker forex hanya menyediakan opsi trading Major Pair dan Gold saja karena peminat trading Silver memang tak sebanyak jenis-jenis aset tersebut. Padahal, trading Silver menawarkan peluang keuntungan yang tak kalah besarnya dibanding Gold. Untungnya, para trader di Indonesia memiliki akses ke beberapa broker terbaik untuk trading Silver. Broker-broker tersebut umumnya sudah memiliki jaminan regulasi dan reputasi baik, dengan spread rendah dan minimal deposit terjangkau.
Investment banks are dusting off models from the 2008 financial crisis to gauge the right time to buy back into stock markets that have plunged 30% from their February record highs because of the coronvirus crisis.That inflection point is not easy to model when the virus is still spreading rapidly across Europe and the United States.
Those pining for a bottom to the gut-wrenching stock market selloff may be disappointed to learn that mega one-day rallies like the historic one witnessed on Tuesday are typically not the start of a durable recovery.All the same, data suggest investors should treat the rally in stocks with caution.Of the twenty past instances when the S&P rallied 8% or more on a single day, thirteen of them took place when stocks were in the embrace of a bear market.
The Philippine central bank will cut lenders’ reserve requirement ratio by 200 basis points, Governor Benjamin Diokno said, a day after announcing a plan to buy 300 billion pesos ($5.86 billion) worth of government debt.The cut, which will bring big banks’ required reserve ratio to 12%, will take effect on March 30, he said.
(Reuters) - SoftBank Group Corp (T:9984) said on Monday it is selling up to 4.5 trillion yen ($41 billion) in assets to buy back another 2 trillion yen of its shares and reduce debt.The share buyback, which will be the Japanese tech conglomerate's biggest ever repurchase, will be in addition to the up to 500 billion yen buyback announced earlier this month and comes amid pressure from activist hedge fund Elliott Management to improve shareholder returns.
With shares on Bursa Malaysia slumping further last week amid continued fears and uncertainty over the Covid-19 pandemic, analysts concurred that the market is grossly oversold.
Volatility in financial markets across geographies and asset classes is at record highs as the relentless spread of the coronavirus outbreak threatens to derail global economic growth, analysts at U.S. stock market index operator S&P Global said.The company, which runs Wall Street's Dow Jones (DJI) and S&P 500 (SPX) indexes, said the only comparison for the past month's sell-off on equity and other markets historically was the 2008 financial crash.
IG Group revenue jumps nearly a third as coronavirus drives volatilityIG’s revenue in the third quarter was 29 per cent higher than in the same period last year, at £139.8m.
Coronavirus uncertainty muddies views on buying opportunities for plunging stocks
Over the past two weeks, employees at JPMorgan Chase, Morgan Stanley, Barclays and BlackRock have all reported confirmed cases among their New York-area staff. Wells Fargo and Goldman Sachs have reported that some employees were confirmed to have the virus at offices in San Francisco and Salt Lake City, Utah.
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.