Author: FX
Four things for stock bulls to worry about other than the shutdown Source link
Hundreds of trekkers escape from blizzard-struck Everest in Tibet Source link
OPEC+ opts for modest oil output hike as glut fears mount Source link
The oil market is likely get some relief from the OPEC+ decision to raise output by only 137K barrels per day.There were persistent reports and rumors last week that OPEC was considering raising 400-500k bpd to accelerate the wind down of the ‘voluntary’ phase of cuts. Instead, this pace stretches the return of barrels over the course of a year. The latest reports said Russia was pushing for a slower return of barrels while Saudi Arabia wanted to fight for market share.Naturally, fewer barrels than expected is bullish for oil but the risk is that the market sees this move…
Sat: Japanese LDP Leadership ElectionSun: OPEC+ MeetingMon: EZ Construction PMI (Sep), Sentix (Oct), US Employment Trends (Sep), New Zealand NZIER (Q3)Tue: EIA STEO; German Industrial Orders (Aug), US International Trade (Aug), Canadian Trade Balance (Aug), Ivey PMI (Sep), Chinese FX Reserves (Sep)Wed: RBNZ & NBP Policy Announcements, FOMC Minutes (Sep), BoJ’s Ueda; Japanese Overtime Pay (Aug), Swedish CPIF Flash (Sep)Thu: ECB Minutes (Sep), Eurogroup Meeting; German Trade Balance (Aug), US Weekly Claims (TBC)Fri: Norwegian CPI (Aug), Canadian Employment Report (Sep), US Uni. of Michigan Prelim. (Oct),Chinese M2/New Yuan Loans (Sep)Japan LDP Leadership Election (Sat):The Liberal Democratic Party (LDP) will elect…
Israel strikes Gaza as Palestinians pin hopes on Trump Gaza plan Source link
Bitcoin hits all-time high above $125,000 Source link
US judge blocks Trump's deployment of Oregon National Guard to Portland for now Source link
The Fibo Moving Average MT4 Indicator is built on the concept of Fibonacci levels, which are widely respected in financial markets. These levels are known for highlighting areas where price is likely to react. When combined with moving averages, they create a unique indicator that adapts to market swings. Traders can use it to spot potential support and resistance zones while also following the overall trend direction. This combination makes it more dynamic compared to standard moving averages. Why Traders Prefer It Over Standard Tools Many traders prefer this indicator because it reacts faster to price changes and provides more…
t_kimura/iStock via Getty ImagesWith few major central bank moves on the calendar, investors next week will be watching political wrangling across advanced economies, Bloomberg News reported Saturday. From Washington’s shutdown fight to Paris’s budget crisis and Tokyo’s leadership change, their governments struggle under heavy debt loads. Source link