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(June 6, 2018) - WorldStage announced today that they will be the first company to provide ROE Visual Sapphire for the US rental market. The laser-sharp 1.5mm pixel pitch LED panel, which ROE Visual launched at InfoComm 2018, joins an expanding inventory of LED displays and solutions available from WorldStage.
Our investment in the next-generation of LED technology from ROE reinforces the reputation WorldStage has earned for being the industry's leading provider of innovative LED solutions to our customers," says Gary Standard, WorldStage CEO. "WorldStage offers a full roster of LED displays, including the proprietary c3ONE and i5FLOOR solutions as well as ROE CB5, Hybrid 18 and Strips. Now, we continue that leadership as the first to offer next-generation sub-2mm LED tiles for the rental marketplace with ROE Visual Sapphire."
ROE's groundbreaking product not only delivers best-in-class image quality and clarity but also presents a completely new approach for building and mounting large display LED screens. "Our creative, design and production customers will all enjoy exploring the expanded creative opportunities that ROE Visual Sapphire offers," Standard adds.
ROE Visual Sapphire is a narrow pixel pitch LED screen for indoor use that provides vivid, razor-sharp imaging in expanded configurations. By combining small, easy-to-handle LED panels with a separate supporting frame, it provides a highly customizable creative alternative to the traditional rectangle without the need to invest in new hardware.
"ROE Visual is delighted that WorldStage will be introducing ROE Visual Sapphire to the US rental market," says Jason Lu, General Manager, ROE Visual Co., Ltd. "WorldStage has been in the forefront offering LED display technologies to its customers, and the purchase of ROE Visual Sapphire systems cements their commitment to providing the best creative solutions to the rental marketplace."
The White House on Friday said China "mishandled the situation" after the coronavirus outbreak in its Wuhan city, but refrained from giving a definitive answer on retaliatory measures against the Asian giant.To get more news about shanghai coronavirus cases, you can visit shine news official website.
The deadly coronavirus that was first reported in China's Wuhan city in mid-November has so far killed more than 2,35,000 people globally, including 64,000 Americans, and has infected 3.3 million across the world.
Led by the United States, several countries, including Germany, Britain and Australian, are blaming China for the spread of coronavirus across the globe.
On Thursday, President Donald Trump had hinted at using tariff as a tool to punish China for mishandling the virus outbreak and the next day the markets went down.
"The markets are down substantially today after the President yesterday suggested in the East Room that he might use tariffs to punish China over the coronavirus. Is there any serious consideration being given to putting new tariffs on China or was the President just spitballing yesterday?" the new White House Press Secretary Kayleigh McEnany was asked during her maiden press conference.
"I won't get ahead of any announcements from the President, but I will echo the President's displeasure with China. It's no secret that China mishandled this situation," Ms McEnany told reporters.
"Just a few examples for you; they did not share the genetic sequence until a professor in Shanghai did so on his own. The very next day China shut down his lab for quote rectification. They slow-walked information on human to human transmission alongside the World Health Organization and didn't let US investigators in at a very important time," she said.
"So, we take displeasure with China's actions, but I certainly won't get out of the President with those announcements. Again, when it comes to retaliatory measures, I will not get ahead of the president on that," Ms McEnany asserted.
The White House Press Secretary said the US continues to have very limited and dubious data from China and the current assessments indicated that Trump''s statement, that coronavirus came from a lab in Wuhan, is consistent with what some analysts believe is the epicenter of where the virus began.
On Thursday, the Office of the Director of National Intelligence (ODNI) had said in a statement that the Intelligence Community concurs with the wide scientific consensus that "the COVID-19 virus was not manmade or genetically modified".
Responding to a question on the ODNI's statement, Ms McEnany said "Let me remind everyone intelligence is just an estimate essentially, and it's up to policymakers to decide what to do with that intelligence. In this case, the policymaker is the President of the United States and he will make a decision at the right time."
She alleged that there's no secret that China stopped US investigators from coming in.
"It was of paramount importance that we got into China in an expedited fashion, and that didn't happen. With respect to the World Health Organization, they have some questions of their own to answer," the press secretary said.
She said the United States, as the president has emphasized, provides about USD 400 million to USD 500 million per year to the WHO compared to China at roughly USD 40 million a year, but yet "WHO appears to have a very clear China bias".
"I mean, look at this timeline and it's really damning for the WHO when you just consider the fact that on December 31, you had Taiwanese officials warning about human to human transmission and the WHO did not make that public. On January 9 the WHO repeated China's claim that the virus ''does not transmit readily between people''. That was quite apparently false," Ms McEnany said.
"On January 14, the WHO again repeated China''s talking points about no human to human transmission. They praised China''s leadership on 22 January. On the 23rd, they said, and this is incredible, the pandemic didn''t represent a public health emergency of international concern," she said.
"And even on February 29, you had the WHO saying that when the coronavirus was spreading around the world, they chose to put, excuse me, political correctness first by opposing lifesaving travel restrictions."
"The travel restrictions this president put in place, the travel restrictions that Dr. Fauci praised as saving lives and you have the World Health Organization opposing a measure that saved American lives. That''s unacceptable, especially at a time when the US was providing USD 400 to 500 million," the White House Press Secretary said.
Visitors in face masks streamed into Shanghai Disneyland as the theme park reopened Monday in a high-profile step toward reviving tourism that was shut down by the coronavirus pandemic.To get more news about shanghai coronavirus update, you can visit shine news official website.
The House of Mouse's experience in Shanghai, the first of its parks to reopen, foreshadows hurdles global entertainment industries might face. Disney is limiting visitor numbers, requiring masks and checking for the virus's telltale fever.
China, where the pandemic began in December, was the first country to reopen factories and other businesses after declaring the disease under control in March even as infections rise and controls are tightened in some other countries.
"We hope that today's reopening serves as a beacon of light across the globe, providing hope and inspiration to everyone," the president of Shanghai Disney Resort, Joe Schott, told reporters.
Tourism has been hit especially hard by controls imposed worldwide that shut down airline and cruise ship travel, theme parks and cinemas. Disney blamed a 91% plunge in its latest quarter profit on $1.4 billion in virus-related costs.
Shanghai Disneyland and Disney's park in Hong Kong closed on Jan. 25 as China isolated cities with 60 million people to try to contain the outbreak. Tokyo Disneyland closed the following month and parks in the United States and Europe in March.China has allowed shops and offices to reopen but is keeping cinemas, bars, karaoke parlors and other businesses closed.
Authorities are trying to revive China's tourism market by offering free admission to scenic spots and discount vouchers to consumers. But there is no indication when travel curbs that have cut off the flow of free-spending Chinese tourists to Thailand and other neighboring Asian countries might be lifted.
China's own industry might benefit while those travel curbs limit Chinese tourists to spending in their own country, Taohai Lin of Fitch Solutions said in an email. However, Lin said their spending power could be hurt if weakness in global demand for Chinese exports leads to job losses.
Disney guests, some wearing Mickey Mouse ears, and children in Little Mermaid, Mulan, Minnie Mouse and Snow White costumes were checked Monday for fever at the park gate and then walked down nearly empty lanes as employees waved to them. The company's signature tune, "When You Wish Upon a Star," played over loudspeakers.
"It really felt like a princess's homecoming, especially when the staff lined up after the ticket check and said, ‘Welcome home!'," said visitor Dilys Ding of Shanghai.
"It feels like so many fewer people than normal. You don't need to line up," said Ding, 26. "You can play all the entertainment items at least once. That's very good."
Decals on sidewalks and at lines for attractions show visitors where to stand to leave space between themselves. The company said rides will be limited to one group of visitors per car to keep strangers apart."We don't want people too close - front, back or side," said Andrew Bolstein, the park's senior vice president for operations.
The company said its plans were based on the experience of Disneytown, an adjacent shopping and entertainment facility that reopened earlier in the 1,000-acre (400-hectare) Shanghai Disney Resort.
Advance reservations are required and visitors are assigned times to enter. The company said earlier guest numbers will be limited to one-third of the usual daily level of 80,000 at the start and will gradually increase.
"Excited about the opening of the gate!" people in the first group of guests shouted as they entered the park at 9:30 a.m.Shanghai Disneyland, which opened in 2016, is a joint venture between Walt Disney Co. and a company owned by the Shanghai city government.
Disney has a 43% stake in the Shanghai Disney Resort, which includes the theme park, two hotels and Disneytown. The resort said earlier it attracted about 12 million guests last year and a total of 66 million since it opened.
For this week's Good Question report, News10NBC got its hands on the stores that sold the most winning tickets with jackpots of $600 or more over the past six months.Shoppers like him are a big reason why this store sells so many winners. From morning until night, the Lotto Center is slammed. According to the New York State Gaming Commission, the luck of the draw for stores often has more to do with the volume of draws. Get more news about 彩票API,you can vist loto98.com
But the store selling the most amount of winning tickets in the entire state is not in any of the major metro areas in New York. It's in a tiny community.
According to the Gaming Commission, Cindy's Ship & Shore Restaurant in Central Square, Oswego County has sold a whopping 265 winning tickets in the past six months. Its population is less than 2,000.
If you're in Ontario County, Wegmans sold the most winning tickets over the past six months. A tie there.Twenty sold both at the Geneva and Canandaigua Wegmans.
In Livingston County, another tie. The Tops in Dansville and Wegmans in Geneseo both sold 12.
If you live in Wayne County, Breen's IGA on Pearsall Street in Williamson took the top spot with 12 winners in the past six months.
Again, while it's fun to call your store the luckiest, according to the Gaming Commission, it really boils down to math. The more tickets sold, the more winners there are...but hey, ya never know!
Here is the list of the top five locations that sold tickets winning $600 or more in the past six months.
You forgot to get eggs at the grocery store. The milk slipped your mind during that trip to the convenience store.Get more news about 彩票免费包网,you can vist loto98.com
"It's no big deal," you reassure yourself.But later that night, a sinking feeling sets in when you realize it's minutes away from the Mega Millions drawing, and you forgot to pick those up, too.
Now, Pennsylvanians have no reason to sprint to the store or break out in a cold sweat from fear mixed with possible regret.
Powerball and Mega Millions are available to purchase in Pennsylvania online through the iLottery platform.
Here are the requirements for purchasing Powerball and Mega Millions tickets online:
You must be 18 or older and physically located in Pennsylvania to play for money and win prizes on the iLottery platform.
If you do not have one already, you'll need to sign up for iLottery account.
New account holders are required to submit proof of identity and age securely.
Deposit options for PA Lottery:
Players who purchase Powerball and Mega Millions tickets online will have the same choices as they would at a Lottery retailer. They can choose their own numbers or select the "quick pick" option to receive randomly selected numbers. Also, players can purchase multiple tickets and buy tickets up to 26 drawings (13 weeks) in advance.
After purchasing tickets, players can view their transaction history, which will include past and current drawings and plays.
HOW TO ACCESS PA LOTTERY ONLINE
The Pennsylvania Lottery launched its iLottery platform in May 2018 with internet instant games.
On Jan. 17, the PA Lottery announced in a press release that those in Pennsylvania could now purchase Powerball and Mega Millions tickets through the same platform.
By signing up through our links above, you can receive $5 free to get you started. PA iLottery is accessible via desktop, mobile and tablet, both Apple and Android.
In addition to Powerball and Mega Millions, the iLottery platform also includes other games such as Keno, Prospector's Gold, Pennsylvania Payout, and about sixty other titles.
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US Federal Reserve will soon release the minutes for October‘s monetary policy meeting, which had directly led to the Fed's third rate cut in the year- an action much in line with the market‘s general expectations. On the other hand, the Fed has removed "taking appropriate action to maintain economic expansion" from the interest rate statement. The expression has been in the interest rate statement since June, paving the way for the Fed's rate cuts. Given that the US economy has rallied more than the market had expected, this change of wording suggests that the threshold for a further rate cut is very high.To get more news about WikiFX, you can visit WikiFX news official website.
On November 13th (EST), the US Federal Reserve Chair Powell once again emphasized his optimism about the US economy. He said, "sustained expansion of economic activity, a strong labor market, and inflation near our symmetric 2% objective as most likely." At the same time, Powell also admitted that uncertainties in the trade sector continue to plague US corporate confidence and business investment, while foreign economic slowdown can also hinder US growth. Policymakers will closely observe all types of economic data to see whether they remain in line with market expectation.
In addition, the Fed is not worried about inflation. Although Powell still believes that the inflation rate is close to the 2% target set by the Fed, it is clear that the historical model of the relationship between price and the weak job market no longer prevail. The Fed used to consider a 5% unemployment rate was almost full employment, but now economists must admit that the US economy can operate at a much lower unemployment rate.
Besides the Federal decision of interest rate cut announced at the end of October, several key indicators are being released in the US recently: The core CPI rose 0.2%, in line with expectations; PPI rose 0.4%, higher than the expected 0.3%... a series of breakthroughs in important economic data indicate the US economy is rallying, and Fed officials are generally optimistic about the countrys economic situation. Survey data showed that the market estimates a 96% probability for the Fed to hold interest rate unchanged, the remaining 4% implied odds are for 25 basis points.
With the release of the Fed‘s meeting minutes at the corner, what's your view about the monetary policy in the future？ Stay tuned as WikiFX presents you more forex dynamics and market trend analysis that add to your investment success.
Japan cut holding of US Treasury Bonds by US$28.9 billion in September, yet remains the top non-US holder of Treasuries that it first became in June, 2019.To get more news about WikiFX, you can visit WikiFX news official website.
According to the monthly data released by US Treasury this Monday, the value of US Treasury Bonds held by Japan dropped around US$28.9 billion to 1.15 trillion. At one point in August, Japans holding of US Bonds totaled US$1.175 trillion, a record high since late 2000. China, another major foreign holder of US debt, reduced holding of Treasury Bonds by US$2 billion to US$1.102 trillion in September.
The 10-year bond yield curve of US Treasury Bonds suggests that the JPY remains on a bearish trend, if USD/JPY‘s trend remain highly relevant to the 10-year bond yield, it's likely the pair will drop to the level of 104. On the other hand, Japan revised its annual GDP growth rate in the second quarter from 1.3% to 1.8%, which partly offsets the negative influence of 0.2% slowdown in the third quarter.
Although major events in 2019 such as international trade tensions and Brexit have hit the global forex market, causing fluctuation in some currency pairs, the general volatility of G10 currencies year to date has been significantly lower than previous years. Unless December sees some serious"black swan events", the forex market may experience its lowest volatility since 1996 in this year.To get more news about WikiFX, you can visit WikiFX news official website.
Volatility of the forex market with a US$5.1 trillion daily turnover has been subdued, while multiple factors will make it difficult for the USD index to maintain its strong momentum in 2020. USDX will probably fluctuate between 95-98 throughout 2020, and will be more likely to weaken due to uncertainties in international trade outlook, global economic slowdown and remaining possibility of US Federal Reserve rate cut.
China reported today a 6.8% drop in gross domestic product (GDP) for the first quarter of 2020 compared with the same period last year. Even as life has started going back to normal in most of China, the road ahead for its economy still looks challenging.To get more Shanghai economy news, you can visit shine news official website.
It's the first economic contraction for the country, once dubbed the world's growth engine, since at least 1992, when Beijing started releasing quarterly GDP figures. Other estimates suggest that it is the first negative quarter China has had since 1976, which marked the end of the decade-long Cultural Revolution that pushed the Chinese economy to the edge of collapse.
China also reported a slew of other key economic data, which look equally grim. Retail sales, which declined by 20.5% on-year for January and February, decreased by 15.8% in March from a year ago. Fixed-asset investment outside rural households, which reflects construction activity, as well as industrial output, an important indicator for measuring economic performance, extended their losing streak from the first two months to drop 16.1% and 1.1% in March from the previous year, according to China's National Bureau of Statistics.
The historic slump, mainly caused by China's lockdowns of cities to contain the epidemic, first spotted in its central city Wuhan, lays bare what to expect even after relatively successful containment of the virus. While China is gradually re-emerging from the crisis, countries like the US and Italy are repeating some of the worst nightmares China had in the early days of the outbreak, news of which was reportedly suppressed by Beijing initially. China now accounts for only 4% of the over 2 million confirmed coronavirus cases worldwide, compared with 32% for the US.
Global economic forecasts have also become increasingly pessimistic in recent weeks. The International Monetary Fund said the virus could cause the worst global recession since the Great Depression in the 1930s, while the unemployment rate in the US could reach 20% as soon as next month, according to a note from JPMorgan.
Although China could provide some indication of what's in store for other countries as they try to restart commerce, the lessons that can be learned from how the world's second-biggest economy tries to revive its economy are limited-its political and cultural structures are much different than those in the West, and there have long been doubts about the veracity of its economic data. China's one-party state also means it can deploy measures on a much larger scale, and much faster than other political systems.
Still, one takeaway is the rebound could be more gradual and less V-shaped than some economists had hoped, say analysts. "China's Q2 GDP, while could be better than Q1, should still see a negative growth year-on-year. This is partly because of the sluggish global demand caused by the virus, leading to canceled orders for many Chinese factories," said Raymond Yeung, chief China economist at Australia & New Zealand Banking Group in Hong Kong. Another factor that complicates the recovery process is the changing dynamic in international relations. "After the outbreak, the trade relations between China and other countries could get worse, posing a bigger challenge for Beijing," he added.
Shanghai reported one domestically transmitted COVID-19 case Sunday and zero increase in imported cases, the municipal health commission said Monday.To get more news about shanghai coronavirus cases, you can visit shine news official website.
The confirmed case is a job seeker from the city of Qianjiang, central China's Hubei Province, who came to Shanghai on May 14. On May 15, he voluntarily went to a medical institution to apply for a serological test, when he tested positive for the virus.
He was isolated on the same day and started to show symptoms during the period. On May 17, he was given a nucleic acid test by the Municipal Center for Disease Control and Prevention, and the result was positive.
A total of 20 people in close contact with the patient in Shanghai have been tracked and put under isolated observation. All places where the patient had visited have been disinfected.
The municipal health commission said a total of 326 imported cases had been reported in Shanghai by Sunday. Among them, 17 patients remain in hospital for treatment with one in critical condition. Four suspected cases are still under screening.
The municipality had reported 340 locally transmitted confirmed cases by Sunday, including seven deaths. Enditem
Got your Powerball tickets yet? It's not too late. If you want to make a last-ditch stab at the $1.5 billion jackpot up for grabs in the drawing Wednesday night, here are the closest ticket outlets from the Ogden area:Get more news about 彩票API,you can vist loto98.com
"It's crazy, crazy," Ashly Edlesen, a cashier at Pilot Flying J in Evanston, Wyoming said in a phone interview Tuesday. "There's a line, a two-hour wait. It gets worse in the evenings."Edelsen, excitement in her voice, said the truck stop has been selling tens of thousands of Powerball tickets a day since the jackpot got huge.
"People buy anywhere from $10 to $700 in tickets," she said. "Most of them are from Utah."
With gambling illegal in Utah, people along the Wasatch Front with a hankering for the lottery must head out of state, usually to Evanston or to Franklin, Idaho, a few miles north of Logan over the Utah-Idaho line.
"We have a half-hour wait, we have five registers going and the parking lot is overflowing," said K.C. Spackman, owner of La Tienda in Franklin.
Spackman didn't sound especially excited or flustered by the surge in business, probably because he's been cornering a big chunk of the pent-up Utah lottery demand for decades.
"I've been doing this for 22 years," he said by phone Tuesday. "We kind of have fun with it."
Spackman said he calls in family members to help staff the store during Powerball binges.
With the lottery drawing day nigh, he said, "Tomorrow is a national holiday. It's lottery fever."
The retailer said his store has been selling 100,000 lottery tickets a day and serves 300 to 400 people per hour.
Are most of the buyers from Utah? "Ninety-nine-point-nine percent," he said.
According to Money Magazine, six states do not have lotteries: Alabama, Alaska, Hawaii, Mississippi, Nevada, and Utah. So Utahns who go to Wendover, Nevada, to gamble, can't get Powerball tickets there.
Business at Rhinebeck Food and Gas received a boost in early 2016, manager Sherif Hamad said.Get more news about 彩票免费包网,you can vist loto98.com
On Jan. 4 of that year, a Tivoli woman purchased a New York Lottery Cash X100 scratch-off ticket game at the Rhinebeck store, and won the top prize of $5 million.
After that, Hamad said others came into the store hoping for another lucky draw."It does have an impact, especially if you post up the tickets," he said. "When there's a big winner, (customers) do think it's a lucky store and they do come in more."
Of course, the odds of winning don't change for customers from one shop to the next. There's a 1 in 3,399,000 chance of winning Cash X100's $5 million jackpot at any store the cards can be purchased.
But, a review of the last six years of lottery winnings over $5,000 show some retailers in Dutchess and Ulster counties, and around the state, have sold more winning tickets than others. Some of that luck can be attributed to a higher amount of traffic through the store.There have been nearly 25,000 New York Lottery tickets sold between 2012 and 2017 that yielded jackpots of at least $5,000, according to lottery records obtained by the USA Today Network's Albany Bureau through a Freedom of Information law request. That number includes more than 400 tickets sold in Dutchess and more than 250 sold in Ulster.
The Smokes 4 Less location on Freedom Plains Road in the Town of Poughkeepsie sold 12 winning tickets of $5,000 or more between 2012 and 2017, the most for any single retailer in Dutchess. The Stewart's Shops location in Red Oaks Mill saw the most money paid out in that span, $10,290,889, with the bulk coming from a $10 million ticket sold in January 2017.
In Ulster County, K & V Petroleum on Ulster Avenue in Kingston sold 22 winning tickets totaling $397,513 for the six-year span, while the Citgo Mart on Main Street in New Paltz saw the most money paid out for any spot in Ulster, $3,128,300. It had a $3 million winner in July 2014.
Estelle Ramaglia, a retired Dutchess County Sheriff's Office detective who typically buys tickets twice a day, said she likes seeing local people win big because it reminds her that anyone can win, anywhere.
"If the lotto gods are smiling on you, you'll win. If they're not, you aren't winning," the 66-year-old Town of Poughkeepsie resident said Friday while waiting to buy a ticket at the Stewart's in Red Oaks Mill. "I want to know what it feels like to scratch one of those tickets and get the big prize."
Some of the stores with the highest total of winning tickets are no surprise.
For example, the most winners came from the Carlton Cards newsstand in Penn Station in midtown Manhattan, the biggest seller of lottery tickets in the state. On average, $246,000 in lottery tickets are sold each week. In the last six years, it sold 49 tickets worth at least $5,000, including a $59 million Mega Millions jackpot in 2015.
The odds of winning Mega Millions are 1 in 302,575,350. The odds of getting struck by lightning are 1 in 700,000.New York runs the largest lottery in the nation, reaching nearly $9.9 billion in revenue last year.
The profits from the lottery go to fund education in New York. About $3.3 billion each year goes to fund schools, about 14 percent of the state's total education budget.
The National Lottery Operator, Ithuba, has confirmed that people will only be allowed to participate in the lottery via online sales. Get more news about 菲律宾彩票包网服务,you can vist loto98.com
This comes after Trade and Industry Minister Ebrahim Patel said on Saturday the lottery was not an essential service and that supermarkets were not allowed to sell lottery tickets.
He said he would be instructing the operator to issue a statement to provide clarity on the matter.
On Monday, Ithuba said it had instructed all retailers to stop selling lottery tickets. The operator said they were in support of the government regulations and said they would comply.
As such, Ithuba has informed all participating retailers to cease the sale of all National Lottery tickets and validation of winning tickets.
"Ithuba continues to urge players to play their favourite National Lottery games online on the following platforms:
"As such, Ithuba has informed all participating retailers to cease the sale of all National Lottery tickets and validation of winning tickets. These platforms remain accessible to players during Covid-19 lockdown.
"We are in full support of the government's efforts to curb the spread of the virus and we will take all steps necessary to safeguard the well-being of our players," they said.
Although illegal brokers tend to use similar tricks, many investors still fall victim to these traps. In a recent complaint against broker scam that WikiFX received, the illegal broker Shi Jin Investment tricked investor in a way that appears surprisingly similar to that of ZHENXI Investment, a formerly exposed broker.To get more news about TurboForex, you can visit WikiFX news official website.
Mr. Jin was first introduced to Shi Jin Investment by Mr. Li, a "financial analyst" from a live video streaming investment program. the "analyst" bombarded him with attractive empty promises about the "Eagle Scheme" and eventually hypnotised him. But pretty soon, Mr. Jin‘s withdrawals were frequently rejected by the broker. Sensing something was wrong, Mr. Jin contacted the customer service agent, who was rather aggressive during their communication. When Mr. Jin finally realized he must have been defrauded, he told the broker's agent that he might take legal actions against them, yet the latter contemptuously reply they‘ll "meet him in court". Until now, Mr. Jin's large account balance remains unavailable.
Similar to ZHENXI Investment, Shi Jin Investment also used live video streaming to lure investors into their traps. Worrying about not making the right decisions in their forex trading, many investors will often grasp at any straw and turn to so-called "signal providers" online for help. Yet its exactly this mindset that the illegal brokers are targeting to defraud investors.
In the information age, the internet has both pros and cons. Investors should learn to cross-check a broker‘s profile, rather than blindly trusting the broker's advertisements. As a leading forex media, WikiFX has now recorded detailed profiles of over 14,000 brokers, and investors can draw on the authoritative and comprehensive information to make better decisions when trading forex.
Conclusion
Rated at 1.21 on WikiFX App, the broker Shi Jin Investment has no valid regulation, bearing significant risks. WikiFX suggests investors to stay away from it.
Mr. Odai, interested in forex investment, signed up on a forex website named Saudi money and submitted personal information including his name, phone number and email. A few days later, Mr. Odai received a call from a British number. The man who called himself Mustafa Jamal spoke to Mr. Odai in Arabic, telling him about the global stock market and that he should also consider trading because it makes good profits. In an effort to convince Mr. Odai, the man kept in touch with him for a week, and finally talked Mr. Odai into opening an account with US$250 of deposits. A day later, another man, Abdulsalam Rizk, asked Mr. Odai to approve the transaction made from his account. After Mr. Odai did as told, his account profited steadily for the next two weeks. Abdulsalam then advised Mr. Odai to make more money by entering the gold and oil markets, and Mr. Odai accepted the proposal, sending the guy US$250 in hope to increase his profits.To get more news about NAVER, you can visit WikiFX news official website.
Abdulsalam, who gradually gained Mr. Odai's trust, continued to persuade him to borrow money from banks to make better use of his trading account to profit. Mr. Odai again followed the advice and successfully loaned US$3,000 from the bank. According to their previous agreement, he only need to pay half of the loan(US$1,500) while Abdulsalam should pay the other half. After that, Mr. Odai's account balance increased every day and reached US$16,500 a month and a half later. Then, Abdulsalam and the illegal broker Lockwood eventually revealed their true colors. Abdulsalam asked Mr. Odai to transfer US$1,500 to him twice with the excuse of tax avoidance, but irregularity occurred during both transactions, as he got warnings from the bank about his transactions and was asked to pay taxes. Mr. Odai tried to contact Abdulsalam, but the man was already out of reach, leaving him unable to withdraw the balance in his account. What was worse, he still has a bank loan to pay.
As people often say "lookers-on see most of the game", Mr. Odai, as an "insider" of the investment, failed to notice the many warning signs that would otherwise seem quite obvious. Meanwhile, the unscrupulous Lockwood abused investor‘s trust and coaxed him into making deposits with money borrowed from the bank, which is truly outrageous. Obsessed with the illusive high profits in his account at Lockwood, Mr. Odai failed to take the most crucial step during forex investment - checking the broker's profile and compliance.
Rated at 1.29 on WikiFX App, Lockwood is an extremely unreliable broker and WikiFX suggests investors to stay away from it.
Near the end of the year, as all walks of live strive to meet their goals, even scam brokers become more active in preying on investors. Recently, an investor from Oman reported to WikiFX how the illegal broker Financika defrauded him. As a victim of the platform, he hopes his experience can warn others against this broker. WikiFX reminds investors to be extremely careful in choosing a broker. It is best to check the relevant information and qualifications of the platform in advance. If you suffered from broker scam, please seek WikiFXs help at wikifx@wikifx.com to defend your rights.To get more news about Lockwood, you can visit WikiFX news official website.
"Financika swallowed up the US$600 in my account balance after I refused to deposit more money!" The victim told WikiFX. He first learned about Financika through a seminar, and soon after that several of the company‘s agents bombarded him with advertising calls, trying to get him to open an account. "This broker kept nagging on me. When I didn't sign up and make deposit immediately after listening to their introduction seminar, they kept on calling me to asked me to open an account. One of them named Lara Soliman even promised to send 120% of the margin into my account once I sign up, which was rather irresistible." According to the investor, not long after he opened account and made deposit at Financika, the broker constantly tried to coax him into making further deposits with the deceptive "high investment, high return" promise. And when the investor refused, his trading account balance was arbitrarily cleared up through the broker's manipulation.
Per checking WikiFX App, Financika is rated at only 1.30. The broker registered in Vanuatu is currently unregulated, bearing substantial risks, and WikiFX suggest investors stay away from it!
Buying a fake University of California, Riverside diploma. buy the fake UCR degree. Order fake UCR diploma. The University of California Riverside (UCR) was named by US News as one. Still of the top ten diverse universities in the United States. More than half of the undergraduates in the school. Are the first students in their families to obtain a university degree? But the average student debt of the school is the US $ 21,500. Which is far lower than the average student loan level of American universities. Although UCR is located in southern California. Still the overall atmosphere of the school is full of strong Scottish style. And the campus dormitories are named after Scottish landmarks. In addition, the school is only 40 miles from Disneyland. And the location is popular with students.To get more news about California Riverside diploma, Find the latest news about Buy degree,you can visit 45degreesdesign news official website.
How to buy fake University of California, Riverside diploma? buy fake degree online
Li Sichen's study abroad cloud introduced that the University of California. Riverside is a world-class comprehensive research university, Where to buy fake UCR diploma? one of the top 100 universities in the world, a famous public university in the United States, and a member of the University of California system. The University of California. Riverside is rigorous in its academic research and is the most powerful major in agriculture. In addition, engineering, physics, life sciences, and other majors are also very good, especially in science and engineering graduates.
The federal reserve is changing direction. In December it predicted that it would raise the federal funds rate twice in 2019, to 2.75-3.0%. In March it thought it would hold rates steady instead. Investors now think there is a one-in-five chance that it will cut rates at its meeting on June 19th, and a 95% chance that it will do so by September (see chart). Jerome Powell, the Feds chairman, has said it is "ready to act".To get more news about WikiFX, you can visit WikiFX news official website.
The reason for the change is a darkening world economy, caused primarily by the failure of America and China to strike a deal to bring their trade war to an end. Yet for all the ructions, the visible impact on Americas hard economic data has so far been relatively small. True, American firms hired only 75,000 workers in May, on first estimate, well below the recent monthly average. But jobs data are volatile, and the unemployment rate is a very low 3.6%.
Where the pain of the trade war has shown up is mainly in financial markets. The ten-year Treasury yield, for instance, was 2.5% in early May but has since fallen to 2.1% as investors have rushed to safety and anticipated rate cuts. Large moves like these raise an uncomfortable question for the Fed. Should it yield to the market, thereby risking the appearance that monetary policy is set by traders？ Or should it consider only backward-looking economic data, which move slowly？
Markets provide the aggregated wisdom of a crowd of individuals with money on the line. In most contexts their forecasts will outperform those of a financially disinterested committee, even one made up of experts. But there are other reasons why an apparent discrepancy between the two may endure.
The first is that there is not really a discrepancy at all. Suppose the Fed and the market make the same judgment about the risk of an economic shock such as a trade war. "The Fed has the luxury of more time," says Torsten Slok, an economist at Deutsche Bank. It can wait to see what happens before changing policy, whereas investors must hedge their bets immediately to account for even unlikely events.
The second is that markets agree with the central bank about the economic outlook, but are confused about how it will act. "The Fed might have failed to communicate well," says Frederic Mishkin, a former rate-setter.
Only if these possibilities can be ruled out can central bankers conclude that markets are telling them something they need to hear about growth and inflation. Discerning this signal becomes trickier the more the Fed appears to respond to the market. To see why, suppose that the Fed ignores market movements completely, and instead sets policy in an entirely predictable way, responding only to hard data on growth and inflation. Any change in market expectations about Fed policy would then reflect only changes in investors perception of the outlook for those variables. "If Fed policy is clear and systematic," says Charles Calomiris of Columbia University, "policymakers can glean useful information from markets." The more the Fed responds to the market, however, the more it is "looking in the mirror", as Alan Greenspan, a former Fed chairman, supposedly once quipped.
If monetary policy were entirely automated, however, the information embodied in markets would be useful but unused. What is more, reacting only to real data is like driving while looking only in the rear-view mirror. Central bankers often say that monetary policy works only with a lag of 18 months or two years. Many economists believe that flat-footedness at the Fed has been to blame for numerous post-war American recessions.
If the Fed wants to glean useful information from markets, it cannot pander to them. "The Fed needs to be the dog that wags the tail," says Mr Mishkin. But when market movements have a fairly clear cause-in todays case, the trade war-and the reaction is severe, it is likely that a rate cut will eventually be necessary. The short-term risk of moving in anticipation of events is that the outlook brightens and the rate cut then sparks inflation. Yet to the extent that economic data are telling a clear story, it is that inflation is contained. Consumer-price inflation, for example, slowed to 1.8% in May. That suggests it would be better for the Fed to get on with the rate cuts that the market expects.
David Kostin, the chief US equity strategist at Goldman Sachs, says he's brought together a group of S&P 500 stocks that return double the average company in the broader index. Kostin adds that the stocks have underperformed the index for the last few years despite their superior returns. The performance of those stocks has steadily gotten worse as investors got more optimistic about economic growth.Visit Business Insider's homepage for more stories.It's a rare combination, but Goldman Sachs says you can get better-than-average returns from a few stocks while also buying them at better-than-average prices.To get more news about WikiFX, you can visit WikiFX news official website.
David Kostin, chief US equity strategist at Goldman Sachs, says he's identified a group of stocks that more than double the cash return of the median S&P 500 stock, which is currently 4.4%. Most of them pay hefty dividends, and some augment that by repurchasing large amounts of their stock every year.And yet Kostin says those stocks have been collectively underperforming the S&P 500, as shown in the chart below. It shows the high-return stocks falling farther and farther behind the benchmark index over the last three years, with a few attempted rallies that didn't last long.Put simply, these stocks that offer strong cash distributions can be found at a bargain.
David Kostin of Goldman Sachs says stocks that offer outsize cash returns have underperformed the S&P 500 for years.
Goldman Sachs Global Investment Research
And most recently, they've gotten even cheaper relative to the market as investors got more optimistic about the economy and resumed their preference for growth over higher-yielding stocks.
Listed below are Kostin's top 15 stocks. They're ranked from lowest to highest based on their yield, defined as dividend payouts and stock buybacks as a percentage of their market caps over the past 12 months.
The American Dream might be more obtainable in several countries outside the US. The Organisation for Economic Co-operation and Development released a report in 2018 where it took an in-depth look at social mobility across countries.One of the report's findings was the varying number of generations it would take someone born in a low-income family to reach the country's average income; for the US, it would take about five generations.That was a longer time than several other wealthy countries.Visit Business Insider's homepage for more stories.The American Dream of your children being more successful than you are might be more attainable in other parts of the world than in the US.To get more news about WikiFX, you can visit WikiFX news official website.
The Organisation for Economic Co-operation and Development figured out how long it would take low-income families to get to their country's average income, based on intergenerational income elasticity. That is, it measured how much children's' incomes depended on their parents' incomes. On average among the 30 countries studied by the OECD, it will take four to five generations of children from a low-income family - families part of the bottom 10% of income distribution - to reach the average income in their country, according to the OECD's report on social mobility in 2018. The US is on par with that average, taking five generations for someone born into a low-income family to reach the nation's average income. One of the findings from the OECD's report is that social mobility for earnings, education, and occupation is high in most Nordic countries. In many of those countries, it would take fewer generations for a low-income family to reach their country's average income.These statistics are similar to findings in a 2018 report on economic mobility from the World Bank, which found that there are lots of high-income countries where the American Dream is more attainable than in the US.
Income inequality plays an important factor in intergenerational income mobility. The report said low-income families in low-inequality and high-mobility countries would take almost four generations to reach the average income. In contrast, high-inequality and low-mobility countries, which are typically emerging economies, take at least nine generations - double the average of countries part of the OECD.Interestingly, no countries had both high inequality and high mobility. This correlation between inequality and mobility has been noted as the "Great Gatsby Curve", and it shows another pernicious effect of inequality.The following chart shows all the countries included in the report and their intergenerational income mobility.
Business Insider/Madison Hoff, data from the Organisation for Economic Co-operation and Development
Here are the 12 countries in the OECD study where it would take fewer generations for someone born in a low-income family to reach their country's average income than someone born into a low-income family in the US to reach the nation's average income, ranked from the shortest to the longest length of time.
The most recent available data for the Gini coefficient, a standard measure of income inequality in a country, is used to separate ties in the ranking, where 0 equals complete equality and 1 equals complete inequality. Figures come from the OECD, and represent years between 2014 and 2017.
Did you know that there is 4 seasons to the forex market. New traders are often caught out attempting to trade the same strategy throughout the year, often giving back their hard work during the winter and summer doldrums seasons.To get more news about WikiFX, you can visit WikiFX news official website.
I would like to guide any traders to be prepared during the 4 seasons.The daily turnover reached $6.6trillionin April 2019. That is a massive amount of turnover in anybodys language.
However, did you know that the retail market is only 5.5%of that total turnover.
As retail traders, we are at the mercy of the other 95% of the marketplace, hence our behaviour needs to reflect the institutions.
A Spring in your step for January.
As the Christmas and New year periods end. The traders return to their desks and the volume increases during mid January. A good time to trade.
Sell in May and go away - avoid the sun burn.
The summer holidays have arrived in the northern hemisphere, where the majority of traders are situated. Volume decreases and the market can be quite flat. Moves can be quite unpredictable as the moves are more impulsive based. This is a more difficult time of year to trade.
Its Labor Day..time to get busy
Around the time of Labor day in September, market activity increases as everyone is back at work from their summer holidays. This is a great time to trade. This period continues on till mid December.
Christmas Time - time to relax
Another very quiet period is the upcoming Christmas and New Year holiday time. Between mid December and mid January, volume again decreases, making it more difficult for traders. Beware of some quick impulses caused by a few high volume traders.
Conclusion
As traders, we need to plan our trading year so suit the 4 seasons. When the volume is high, attack the market, when the volume is low, approach the market is caution.
Tony Camilleri is an Australian based forex trader. He has been an active trader in both the retail and institutional sector. As founder of 4xfusion, Tony has developed automated algorithm based trading systems, he is an active educator and fund manager for the past 15 years. Tony is also a crusader against the forex scammer and is often asked about his opinion regarding trading systems and their sustainability. Tony has an in depth knowledge of the inner workings of the forex industry and brokers. Tony is a regular contributor to Linkedin with his thought provoking articles and is quickly becoming a key person of influence on that platform, which his often trending articles.
The repatriation of 565 Japanese citizens from Wuhan, China, in late January offered scientists an unexpected opportunity to learn a bit more about the novel coronavirus (2019-nCoV) raging in that city. To avoid domestic spread of the virus, Japanese officials screened every passenger for disease symptoms and tested them for the virus after they landed. Eight tested positive, but four of those had no symptoms at all, says epidemiologist Hiroshi Nishiura of Hokkaido University, Sapporo-which is a bright red flag for epidemiologists who are trying to figure out what the fast-moving epidemic has in store for humanity. If many infections go unnoticed, as the Japanese finding suggests, that vastly complicates efforts to contain the outbreak.To get more news about four chinese beasts, you can visit shine news official website.
Two months after 2019-nCoV emerged-and with well over 20,000 cases and 427 deaths as of 4 February-mathematical modelers have been racing to predict where the virus will move next, how big a toll it might ultimately take, and whether isolating patients and limiting travel will slow it. But to make confident predictions, they need to know much more about how easily the virus spreads, how sick it makes people, and whether infected people with no symptoms can still infect others.
Some of that information is coming out of China. But amid the all-out battle to control the virus, and with diagnostic capabilities in short supply, Chinese researchers cannot answer all the questions. Countries with just a handful of cases, such as Japan, can also reveal important data, says Preben Aavitsland of the Norwegian Institute of Public Health. "It's up to all countries now that receive cases to collect as much information as possible."
With the limited information so far, scientists are sketching out possible paths that the virus might take, weighing the likelihoods of each, and trying to determine the fallout. "We're at this stage where defined scenarios and the evidence for and against them are really important because it allows people to plan better," says Marc Lipsitch, an epidemiologist at the Harvard T.H. Chan School of Public Health. These scenarios break into two broad categories: The world gets the virus under control-or it doesn't.
The most optimistic scenario is one in which 2019-nCoV remains mostly confined to China, where 99% of the confirmed cases have occurred so far. (By 4 February, two dozen other countries had together reported 195 cases.) "There has obviously been a huge amount of spread within China, but [elsewhere], there's no evidence of any kind of substantial human-to-human transmission," says Robin Thompson, a mathematical epidemiologist at the University of Oxford. "The risk probably isn't as high as some models have been projecting."
If no other countries see sustained transmission and the quarantines and other measures taken in China start to reduce the number of infections there, the risk of spread might gradually go down, and the virus might eventually be quashed. This happened with the severe acute respiratory syndrome (SARS) outbreak in 2003, which ended after fewer than 9000 cases.
That's what the World Health Organization (WHO), which last week declared the outbreak a Public Health Emergency of International Concern, hopes for this time. In a press conference, Director-General Tedros Adhanom Ghebreyesus called for a global version of the approach his team took in the current Ebola outbreak: Fight the disease at the source and try to keep it from gaining a foothold elsewhere. "Focus on the epicenter," Tedros said. "If you have several epicenters, it is chaos."
Epidemiologist Marion Koopmans of Erasmus Medical Center says it may not be that hard to contain the virus in a new locale as long as the first cases are detected and isolated early-provided the virus is not highly transmissible. "We don't see it taking off in the 200 or so cases seeded outside of China," Koopmans says. If that pattern holds, "there still is the possibility it will bend off."
She and others suspect the climate may help. Influenza typically only spreads during the winter months and hits northern and southern China at different times. If that is true for 2019-nCoV, its spread might start to slow down in the Northern Hemisphere within a few months. "That is a big question mark we're trying to assess at the moment," says Joseph Wu, a modeler at the University of Hong Kong.
But is containment realistic? Success will depend in part on whether infected people who don't have symptoms can spread the virus. Asymptomatic people are hard to find and isolate, so if they can spread disease, 2019-nCoV "will be very difficult to stop in China," says Alessandro Vespignani, a modeler of infectious diseases at Northeastern University. But if asymptomatic transmission is rare, he says, "isolation and social distancing can have a big impact."
We've all been there, the Powerball is approaching a few hundred million dollars and you've decided now is the time to buy a ticket.Get more news about 彩票API,you can vist loto98.com
As the drawing approaches, you forget to swing by the gas station to get your numbers. Before you realize your mistake, the time has passed and some other lucky person has won your fortune.
Thanks to a new partnership with New York-based Jackpocket, Colorado residents will be able to purchase tickets for their favorite lottery games on a mobile app.
The Jackpocket mobile app gives players a secure way to order official state lottery tickets from their smartphones. Coloradans can now place orders for their favorite lottery games such as Powerball, Mega Millions, Lucky for Life, Cash 5 and Pick 3.
"Jackpocket provides another point of access to Colorado players," Tom Seaver, director of the Colorado Lottery, said in a statement. "Courier services offer the opportunity for us to reach players who want to use mobile technology to interact with and order our products. We hope this invites new players to the lottery and results in increased revenues to support our Lottery proceeds beneficiaries that serve outdoor conservation, outdoor recreation and schools."
After users download the app and choose their lucky numbers, they'll receive a digital scan of their ticket. Jackpocket said it is the first company to automatically lock players' identities to their ticket serial numbers, making purchases even more secure.
Jackpocket is also available in Minnesota, New Hampshire, New Jersey, Texas and Washington D.C. To date, Jackpocket players have won over $6 million in lottery prizes.
"Jackpocket was founded on the idea that the lottery should be accessible and convenient to play," said Peter Sullivan, Jackpocket Founder and CEO. "Launching in Colorado was a natural fit, and we look forward to helping the Colorado Lottery drive additional revenue benefiting the great outdoors."
Scores of Mississippi residents made their way to convenience stores as early as 5 a.m. Monday as the state's first lottery tickets went on sale in over 1,000 locations.Get more news about 彩票免费包网,you can vist loto98.com
It is the first time Mississippi residents don't have to leave the state to buy lottery tickets. And to mark the historic day, the Mississippi Lottery Corporation took to social media to ask residents to post a picture of their purchase.
Within the first two hours of the lottery system going live Monday, the Mississippi Lottery Corporation told FOX Business it already hit approximately $300,000 in net proceeds.This is not only a monumental day for the [Mississippi Lottery Corporation"> but it is also an incredible day for Mississippi," said Dr. Mike McGrevey, chairman of the Mississippi Lottery Corporation Board. "Legislative members determined net proceeds from the lottery will go toward infrastructure and education needs, which are both extremely important to Mississippians."
The tickets are available in roughly 1,200 convenience stores and other sites across the state.
However, for decades Mississippi was one of only six states without a lottery due to strong opposition from politically powerful churches. People often drove to neighboring states such as Louisiana to buy tickets there.In 2018, lawmakers authorized a lottery as a way to finance road maintenance and infrastructure needs. At the time, the state had been forced to close hundreds of unsafe bridges.
The Mississippi Lottery Corporation was established under the Alyce G. Clarke Mississippi Lottery Law.Democratic state Rep. Alyce Clarke of Jackson has been pushing for years to bring a lottery to Mississippi. She bought a ceremonial first ticket at a RaceWay store and gas station in south Jackson.
"It feels great. Finally, it becomes a reality. And it just goes to show you what happens if you don't give up," Clarke said. "Sometimes you have to try and try and try again."Proceeds from the sale of each ticket will go toward the state's infrastructure and education.
For the first 10 years, the first $80 million a year from lottery revenue will go to infrastructure needs. After the $80 million benchmark is hit, the rest goes to education. After the 10-year period is over, the first $80 million will go to the state's general fund with the remainder continuing to go toward education.
The coronavirus epidemic in 2020 has been a "black swan" event in the financial market, tempting many forex investors to try their luck in a time of high market volatility. While it's natural to see both gains and losses in trading, what upsets investors most is not loss, but the failure to pocket expected profits. Recently, an investor exposed the illegal broker Trader's Way to WikiFX, accusing the broker of deleting profitable trading orders with the excuse of "pricing error".To get more news about Wrong Quote, you can visit wikifx news official website.
Event recap
The investor in this case has 5 years of trading experience so far, well-versed in ECN trading with a good grasp of trading strategies. However, trading at the platform Trader's Way turned out to be a flop on his investment path.
According to the investor, all of his profitable positions were invalidated by the platform within just three days due to alleged "pricing error". On the first day, his account made a profit of US$9,500, but the trading record was inexplicably deleted. This left the investor with only a small balance available for trading the next day, when he made nearly US$13,000 at one point. But again the trading record was erased. Fortunately, the investor kept all relevant trading information such as charts and prices when he traded, thus being able to have a well-grounded debate with the broker. But when investor questioned the broker, the latter explained plainly that the platform experienced "pricing errors" during periods of intense market volatility.
The veteran investor was, of course, not convinced by such an excuse. The event continues to evolve, and the illegal broker, battered by the persistent questioning of investor, no longer tried to justify their practice. WikiFX is still following updates of this event.According to its official website, Trader's Way was established by a group of financial market professionals. The broker has no minimum requirement for the margin and offers leverage of up to 1: 1000 (this also explains why the investor made profits so quickly). But through investigation, WikiFX found that the broker has suspicious regulatory information.
Conclusion
According to WikiFX App, Trader's Way is currently without valid regulatory status, rated at only 1.77. WikiFX suggests investors to stay away from this unreliable broker. Up to now, WikiFX App has included profiles of more than 17,000 global forex brokers. If you have any question about a broker's qualification, you may check the broker's profile on WikiFX App. WikiFX has also released the new feature of "Wiki Fair", a forum where investors can discuss forex trend and expose illegal brokers.
The recent data from International Monetary Fund shows that in Q4, 2019, the dollars share in global foreign reserves reported by the IMF dropped to 60.8% compared to the previous quarter, falling for the second straight quarter.To get more news about USD's Proportion, you can visit wikifx news official website.
As the number of confirmed cases continues to rise, the United States has now become the epicenter of the global coronavirus outbreak. Before the large-scale outbreak in the United States, due to the spread of the virus across the world and the consequent interruption of global supply chain, US stocks promptly responded with a heavy slump that triggered trading curb four times in just a few weeks, with the S&P 500 index tumbling by 20% from the highest point with unprecedented speed.
Under bailout pressure, the Fed took swift actions within a short period by first adopting zero interest rate and then launching large-scale quantitative easing, with a speed and intensity far beyond the interpretation of traditional currency theories and expectations from the market. While the Fed's policies have been somewhat effective in the short term, some experts pointed out that the series of approaches are essentially printing US dollars recklessly which will lead to dollar's depreciation, dividing the cost of market rescue efforts on the world. Experts warn that from historical experience, excessive quantitative easing is currency devaluation which "beggar-thy-neighbor", boosting hidden risks of global inflation.
In fact, the Feds monetary policies have still failed to achieve satisfactory results, and the US government has no choice but to issue another US$2 trillion fiscal stimulus bill. Obviously, huge fiscal stimulus will seriously threaten the sustainability of US government debt, and as the number of unemployed people increases, the extreme gap between rich and poor will greatly reduce US society's resilience to economic shocks.
Some analysts pointed out that after this round of crisis, the US dollar's share in the international currency reserve may decline further.
On the other hand, data previously released by the IMF showed that while the share of the dollar has fallen, the share of the Renminbi in global foreign exchange reserves has risen. In the fourth quarter of 2019, global foreign exchange reserves increased to US$11.829 trillion, up 1.5% from the previous quarter and more than 3% from the fourth quarter of 2018. These include RMB assets worth of about US$202.79 billion, accounting for 1.89% of the global official foreign exchange reserve assets and surpassing the share of Aussie dollar (1.62%) and Canadian dollar (1.84%).
With previous epicenters Wuhan and Hubei Province ending their lockdown restrictions, China is accelerating resumption of production; the Chinese government has relatively greater fiscal space, and coupled with significant reduction in leverage over the past four years, the RMB assets' overall performance is relatively stable, showing the characteristics of safe-haven assets.
Analysts pointed out that China's current national bond yields are higher, therefore more attractive to international investors, and the RMB exchange rate will remain on the track of appreciation in the long-term.
Last year, illegal broker PTFX ran away after blowing up all the accounts of its users, leaving the entire FX market astonished. The number of victims reached 2 millions very shortly, and many of them became homeless and debt ridden just overnight. Although PTFX has crashed, its former staff are still out there relentlessly defrauding investors under the name of other companies. With PTFX under investigation, Huang ZhiMing, the NO. 1 scammer of PTFX, has been exposed to the public.To get more news about Malaysia Dato, you can visit wikifx news official website.
We learned that while working for PTFX, Huang also signed contracts with several forex companies, including Leighton Futures and JCI. He claimed to have received the title of "Malaysia Dato" while calling himself the "Asia's No.1 trader". According to Huang, investors can get 100% profits guaranteed in trading under his help, with a 1% minimum weekly dividend and even greater return proportional to the deposit.
But were his claims real？ Or were they simply tales he used to scam gullible investors across Southeast Asia？
Not long ago, WikiFX revealed that Leighton Futures was a lame Ponzi scheme that has been blocking withdrawals for a long time. The forex investment project launched by the broker was suspected to be a pyramid scheme, and Huang Zhiming was the trader who ran this project. Interestingly, not long after Leighton Futures collapsed, JCI, another forex company which signed contract with Huang Zhiming, also had a large number of customer complaints for much-delayed withdrawals and pyramid schemes. Currently, some victims of JCI have called the police!
Per checking WikiFX, we found that the illegal broker JCI, rated at only 1.06 on WikiFX App, is without any valid regulation and involves pyramid scheme. In addition, the broker doesn't use MT4/MT5 software and has been in business for less than 1 year, bearing tremendous risks.
We may conclude from the above information that although with different names, Leighton Futures and JCI, together with PTFX, have been defrauding investors with similar tricks. This suggests that PTFX as well as scammers like Huang may still be lurking around, so investors should definitely watch out for them.
So far, WikiFX App has included profiles of more than 17,000 forex brokers around the world, while integrating broker information query, exposure, news feed and other functions, offering better protections for your assets.
Recently, many countries have implemented the policy of home quarantine. "Working from home" and "online investment" have become the best choices for most people. However, during this period of time, online financial scams have also become rampant. In the forex market, quite a number of illegal brokers use the internet to post false advertisements, inflict unjustified trading losses on investors and delay withdrawals. These problems happen so frequently that complaints from victims of the scams never stop.To get more news about OlympusFx, you can visit wikifx news official website.
Recently, WikiFX exposure channel received complaints from Asia investors against OlympusFx, the main problems being unjustified losses and withdrawal failures. A withdrawal of one of the investors has been postponed for nearly 2 years! The humble investor told WikiFX that due to the lack of practical experience in the forex market, he deposited 1,000 US dollars at OlympusFx, a platform recommended by his acquaintance. But, after real-account trading he found that the trading environment was terrible, and the spread was ridiculously high. In the end, he almost lost all his money.
Platforms like OlympusFx have robbed tens of thousands of grassroots-investors. Now, OlympusFx is still cheating more people under the excuse that they have "left Chinese market and thus unable to process the withdrawals". Once again, WikiFX reminds you to stay away from this broker and be alert! For investors who have been defrauded, please keep the evidences and contact WikiFX to get assistance in defending your right!
Per investigation, we found that the score of OlympusFx is only 1.22 on WikiFX APP. The broker is an offshore-broker registered in Saint Vincent and the Grenadines, currently without valid regulation and bearing great risks.
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While Europe used to be the largest market for Russian oil exports, Saudi Arabia has recently sent a record number of oil tankers to Egypt. The shipment data compiled by Bloomberg shows that as of March, Saudis daily oil exports to Egypt reached 1.3 million barrels, the highest level in at least 3 years.To get more news about Saudi Wages, you can visit wikifx news official website.
The freights will be shipped to a terminal at the southern end of Suez Canal, where theyll be further transferred to the storage and exportation facilities in the Mediterranean region.
At the beginning of March, Saudi already began cutting official price of oil exported to Europe by an unprecedented level, which makes the actual price of oil sold to Europe to be US$10 / barrel.
As the global oil demand is experiencing a historical slump(down by 26 million barrel per day, according to statistics from Goldman Sachs), European oil plants are reducing their output to avoid excessive inventory.
But Saudis ramping up of crude export to Europe can slash Russian oil export by 1 million barrels per day.
The greatest challenge facing Russian oil industry is the permanent loss of capacity after part of the producers with higher costs are crushed by Saudi‘s move. A HFI research estimates that about 10% of Russian's oil producing capacity will be lost irreversibly and Russias daily output will reduce by 500 thousand to 1 million barrels permanently.
The energy sector is seeing perhaps one of the most frantic moments in history, with the pricing getting out of control.
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MDIS has always maintained high-quality and high-level courses in order to train MDIS graduates to succeed. Order fake MDIS diploma. In 2010, MDIs obtained the four-year EduTrust Education Trust certification issued by the Council of the private education of Singapore, which is also a milestone to witness the quality education. and the excellent management of our school. At the same time, MDIs is also one of the first private colleges in Singapore to obtain the enhanced registration framework. In September 2008, MDIS established its first overseas branch in Tashkent, the capital of Uzbekistan in Central Asia. to provide world-class higher education for students from Central Asia.
Holographic University of Melbourne fake degree. A hologram is a picture composed of a laser as the light source. Still a panoramic camera recording the subject on a high-resolution holographic film. Fake degree hologram. make a fake degree, how to get a fake college degree. Buy fake college degree. Fake degree certificate template. fake phd degree. fake medical degree. Get a fake degree. How to fake a bachelor's degree? Can you fake a degree. Fake degree and transcripts It exists in the form of interference fringes. With the same kind of laser irradiation, before and after the film, the virtual and real images of the original scene can appear, with different angles of view and different images. Hologram is a kind of three-dimensional image, which is very different from traditional photos. Traditional photos present real physical images, while holograms contain information such as the size,To get more news about where to buy passport , you can visit 45degreesdesign news official website.
The technology of recording and reproducing real 3D images. Buy fake diploam. Unlike other 3D "images," holograms provide "parallax.". Parallax allows the viewer to see different images of the image by moving back and forth, left and right, and up and down - as if there was a real object there. Holographic technology was invented by Dr. Dennis Gabor of Imperial College, University of London. He also won the Nobel Prize in physics in 1971. At first, Dr. Gabor just wanted to improve the resolution of SEM. In the early 1960s, Leith and upatnieks, researchers at the University of Michigan, produced the world's first set of three-dimensional holograms. During this time, Yuri dennisyuk of the former Soviet Union also began to try to make holograms that can be viewed with ordinary white light. The continuous development of holographic technology provides us with more and more accurate three-dimensional images.
Nearly a month after selling a winning Powerball ticket, a Menomonie convenience store accepted a big check of its own.Synergy Cooperative in Menomonie sold the winning $22 million Powerball ticket on June 10.Get more news about 彩票包网,you can vist loto98.com
Tuesday, the store was rewarded with a $100,000 incentive check from the Wisconsin Lottery for selling the winning ticket.
The co-op's manager says the money will help offset the cost of new gas pumps, which were recently installed.The winner isn't being named yet because he or she decided to split the winning ticket with another person.
"Because they decided to split the ticket it has to go through the court process. That typically takes a month to six weeks so we expect it to be done this month. At which point we will release the winning names," said the Director of Wisconsin Lottery Cindy Polzin.
The winner did tell lottery officials he or she plans on going on vacations and helping out family members with the winnings.This win marks the 18th lottery jackpot in the state since Wisconsin debuted the game in 1992.
WOW Classic Other Interests is a quest happening in Mechagon and Nazjatar. To complete this quest, you have to reach level 120 and bring five Unidentified Mass items to Steelsage Gao in order to obtain special access. Once the quest is completed, you will be able to receive Encrypted Black Market Radio and more as your rewards. To get more news about Buy WoW Items, you can visit lootwowgold news official website.
Details of WOW Other Interests quest
WOW Other Interests quest has totally four versions, and we plan to introduce one of them with Unidentified Mass items. This quest requiring level 120 happens in Mechagon and Nazjatar. Since Madam Goya loves unusual items, you can try your best to find 5 Unidentified Mass items during your travels in Nazjatar and give them to Steelsage Gao, an operative of Madam Goya, so that you can receive the special access from Madam Goya.
How to complete Other Interests WOW?
To complete this quest, you need to go to Nazjatar and talk with Flrgrrl vendor to purchase 5 Unidentified Masses. But you need to complete A Safer Place quest firstly to get the Firgrrl vendor in the settlement. After buying 5 needed items, you can come back to Mechagon and return quest.
Unidentified Mass & rewards in WOW Other Interests
Unidentified Mass is an item with level 1 that can last for one day. Each Unidentified Mass cost 1 gold and can be stacked with the maximum amount of 200. You can obtain it from Flrgrrl vendor in Other Interests quest.
In addition, after you finish the quest, you can gain some rewards including Encrypted Black Market Radio and 75 reputation with Rustbolt Resistance.
Economists are divided on the outlook for Australia‘s recovery: many see a U-shaped, while a growing number see a W-shaped. Both support the central bank's view that interest rates will remain low for a long time.To get more news about WikiFX, you can visit wikifx news official website.
The Reserve Bank of Australia is set to keep its cash rate and three-year yield target at 0.25% at Tuesday‘s policy meeting. Governor Philip Lowe's focus will then turn to the governments July 23 economic and fiscal statement that will set out plans for ongoing stimulus.
"The shape of the recovery will be first and foremost determined by consumer confidence," said Janu Chan, a senior economist at St. George Bank Ltd., who expects it will be U-shaped. "Financial-market participants see a high chance of a W-shaped-recovery due to elevated concerns about a second wave of infections and the end of key stimulus measures."
An audience poll during Bloomberg‘s 'Inside Track webinar series showed a similar divide. Some 41% of respondents expected the Australian economic recovery to be U-shaped, while 34% saw a W-shaped path.
Australians optimism following the early relaxation of the Covid-19 lockdown and reopening of the economy is being tempered by a renewed outbreak in the southern state of Victoria that has seen restrictions reinstated for isolated areas.
"A whole lot of businesses wouldn‘t be sustained a second time through, a lot of households wouldn't be sustained a second time through, and the government could not be as generous," RBA board member Ian Harper said in an interview last month. "If you add on top of that the devastating impact that would have on public confidence, thats the one that really bothers me."
The central bank scooped up more than A$50 billion ($34.7 billion) of government securities of varying maturities in the weeks after an emergency meeting in March, as it tried to soothe dislocated markets and lower borrowing costs. It hasnt bought anything further since early May as the three-year bond yield remains around its target.
The RBA has been urging the government to maintain stimulus support beyond September, when programs like its wage subsidy to keep workers tied to employers, higher unemployment payments and other support measures are due to expire. The fear is that the economy could be set back badly if some of these programs arent extended.
"If there were no tapering and for whatever reason the government decided just to let it stop, then I think we havent seen the peak in unemployment," Harper said.
Australias jobless rate advanced to 7.1% in May and the Treasury expects it to reach 8% this quarter.
In January, days after the shares of Luckin Coffee Inc. hit a record high on the Nasdaq Stock Market, giving the company a $12bn valuation, a cryptic email arrived in the inboxes of multiple short sellers.To get more news about luckin coffee news, you can visit shine news official website.
"A new generation of Chinese Fraud 2.0 has emerged," it said. "Companies that start off as fundamentally and structurally flawed business model [sic] that evolves into fraud." The author offered to share customer receipts and videos from Luckin Coffee outlets, attached a long report about the company and said the short-sellers could publish and take credit for it.
Several American money managers reviewed the report, which accused Luckin of inflating its sales. Carson Block of Muddy Waters LLC published it, posting the 89-page report on Twitter on Jan. 31. Luckin's auditor subsequently discovered that several employees had faked revenue and expenses and on April 2, the company disclosed that as much as $310m of its 2019 sales were fabricated. Its shares collapsed, less than 11 months after the company went public, and will soon be delisted.
The stunning fall of Luckin, an upstart rival to Starbucks in China that touted itself as the country's largest coffee chain by stores, has sparked a lot of investor soul-searching. Should they have followed the recommendation of Block, who has bet against multiple listed Chinese companies? Should they have doubted the company when it refuted the allegations in the anonymous report? Could they have done more due diligence to determine whether Luckin's reported growth was too good to be true?
Well-known investors who lost money when Luckin's shares plunged include Stephen Mandel Jr.'s Lone Pine Capital and Steve Cohen's Point72 Asset Management. Commodities-trading giant Louis Dreyfus-which entered into a coffee-roasting venture and juice business with Luckin-and two top Chinese private-equity firms also had sizable equity investments in the company.
Several money managers who earlier invested in Luckin said they had little reason to doubt the company because it also had the backing of other prominent investors like BlackRock Inc. and Singapore sovereign-wealth fund GIC Pte. Ltd.
Some American hedge funds, wary of getting burned after previous frauds involving listed Chinese companies like Sino-Forest Corp. that also inflated sales, said they subjected Luckin to extra scrutiny before deciding to invest.
One fund's work included spot checks on individual stores, taking note of crowded ones and the ubiquity of Luckin's blue-and-white coffee cups. Independent data they reviewed showed a growth in downloads of Luckin's mobile app-used by customers to order products and make payments-that tracked the company's reported growth in sales.Some investors who visited Luckin stores in person had reservations about the company's business and strategy.
Baillie Gifford & Co., a large UK money manager, sent an analyst to China last year to visit several companies including Luckin, according to an article on its website. The analyst, who speaks Mandarin, met with Luckin's management, went to one of its shops in Shenzhen and spoke with customers. Baillie ultimately passed on making an investment.
BCC Global, a Shanghai-based due diligence and research firm, in September 2019 contacted some investment funds with an offer to monitor customer traffic and sales at a carefully selected sample of Luckin's cafes. After receiving interest in its proposal and doing its research and analysis, BCC found discrepancies with Luckin's reported figures, according to emails reviewed by the Journal and people familiar with the company.
A $99,978 lottery winning ticket has been sold at a Reistertown convenience store.Get more news about 彩票包网,you can vist loto98.com
The winning ticket was purchased at Dash In located at 30 Main Street in Reisterstown.This is the biggest winning ticket ever sold by the Baltimore County store and the second progressive-top-prize-winning ticket sold in the Payday game, which launched on June 15.
There are 18 progressive top prizes remaining in the game.
The retailer will earn a $999.78 bonus from the Lottery for selling the lucky ticket. The bonus is equal to 1 percent of the prize.Lottery officials recommend the winner sign the back of the ticket and keep it in a safe place until claiming the prize.
Winners typically get 182 days to claim prizes. However, the Lottery has temporarily extended claiming deadlines due to Maryland's COVID-19 state of emergency.
The Lottery Claims Center is accepting appointments for those wishing to claim prizes in person or winners can claim prizes by mail. Click here to schedule an appointment. Details on how to claim by mail are available here.Could you be $100,000 richer?
A winning lottery ticket was sold in Reisterstown, and not only that, it's the biggest winning ticket ever sold in Baltimore County.Some lucky person bought the Fast Play Pay Day Progressive ticket at the Dash In store on Main Street.
This is the second Progressive top-prize winning ticket sold in the Pay Day Game since it launched back in June.If you're a winner, officials recommend you sign the back of your ticket. You can then make an appointment to claim your prize.
Someone in Metro Detroit now has a considerable amount of pocket change -- A store in Pontiac sold Wednesday night's $70 million winning Powerball ticket.It was sold at the Huron Plaza Party Store, located on West Huron Street, near Telegraph Road and M-59.Get more news about 彩票包网平台,you can vist loto98.com
The person has not been identified yet. They have 180 days from Wednesday to come forward with that winning ticket to claim the $70 million dollars.
The owner of the store also is a winner. The store that sells the winning Powerball ticket gets $50,000 as a reward. Store owner Yousef Anton already knows what he's going to spend his money on.
"I got a few ideas to improve my store, my church and the rest give to my employees and the rest to pocket it, you know," Anton said. "I have to pay taxes on it, you know, so I don't get all of it, but I'm really happy for the winner."
The $50,000 reward will only go to the store if the winning ticket is claimed. Wednesday's winning numbers are: 14, 47, 54, 55, 68 and the Powerball was 25.Someone has an unclaimed lottery ticket worth $390,000 that was sold in Colorado, and they only have one week to claim their prize!
The Lucky For Life ticket was sold Sept. 9, 2019 in Castle Rock. If the prize isn't claimed by the close of the business day on March 6, the money will be returned to the pool.
The Colorado Lottery didn't provide any other details on the winning ticket other than it was sold at the King Soopers at 750 Ridge Road.
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Oh, I got it, there are some hidden third-party trackers on some websites, which means that my browsing is not only recorded by the site itself, it also captured by these trackers, and then they will deliver the data to other more sites. At the same time, more than 80% of internet users who searched for WOW Classic on the Internet need WOW Classic Gold based on the data analysis of computers. Therefore, some ads about WOW Classic Gold appear on my web page automatically.
It sounds incredible, but it's happening on most websites, and it's not hard to work as imagined, even, perhaps you just mentioned a topic of interest in the conversation with your friends, but the trackers in the chatting software will automatically steal your information, including browsing history, search history, purchase history and so on. Then you would always see the ads on other pages.
It is not limited to ads, with the development of network technology, its security is destroyed to some extent. It is reported that there is someone to lose a lot of money because of online fraud almost every day. When browsing the web, some hidden trackers will record our activity, and there are some other issues to consider, for example, when we log into the personal account on some sites, will it be leaked? Or, when a hacker enters my account, can he see the account password?
Although Blizzard is always controlling any third-party trade of WOW Classic strictly, the sellers still don't stop. In fact, the players' desire for WOW Classic Gold has not decreased, which does make it easier for us to play the game. Because of this, you must be cautious when shopping online. There are some trustworthy stores, all the WOW Classic Items sold on it are purely artificial, without any robots, which completely avoid the risk of the account being banned.
Imagine with me. You are the boss of an ice cream shop. You decide on the amount of stock to keep and prepare in advance. You will definitely stock up and prepare more in summer where the hottest period of the year is.To get more news about WikiFX, you can visit wikifx news official website.
Trading during the European session is like selling ice cream in summer. There is an enormous amount of trading activity and breakouts are more commonly seen.
#1 European Session Trading Hours
Europe wakes up as Asia winds down at 7am GMT. We will look at the opening and closing time of London as it is the biggest financial centre in Europe.
#2 Reasons
Reason 1: Being the most active Forex market in the world, you will expect high liquidity and low spreads, saving you time and money.
Reason 2: Volatility is higher which presents more trading opportunities such as breakouts. This means that you dont have to wait for long before you pocket a profit.
Reason 3: About 30% of all Forex transactions take place here.
#3 Characteristics
Londons session overlaps with 2 other major trading sessions - the Asian session prior to the open, and New York session towards the end. As such, this session is usually the most volatile.
Volatility will tone down in the middle of the session as traders head off for lunch before waiting for the New York session to begin.
Before the New York session, there is a tendency for reversals to occur, especially if the currency pair has made a substantial move.
#4 Average Pip Movement
The table below shows the average pip movement for the London session.
Please note that this table is not all-inclusive and the range may differ from time to time depending on various conditions such as news and specific economic trading activity.
#5 Which Pairs Should You Trade？
You guessed it! You should focus on the pairs with a larger range and trade those. This would allow you to achieve a decent amount of pips if you are day trading.
Conclusion
With the right understanding and expectations, this session can be extra rewarding.
As trend following and breakout strategies work great in this session, this session favors those who can read price action.
For those who are able to only trade when the USAs markets are open, look out for the next article as we shift our focus to New York.
An independent trader who seeks to educate through his own trading experiences, Jay began his own trading journey at the age of 22.
He is a self-taught trader who has read more than 200 books on trading and investment since college and created his trading methodologies modelling after several successful veteran traders.Jay has since amassed 10 years of experience trading different market conditions with consistency. Of the many disciplines in trading, he specializes in trading options, swing trades on equities, currencies,futures and contract-for-difference (CFDs).
Prior to the analysis, the fact that the author is a Trend Trader should be taken into account. This trend trading method is of the longest-term trading strategies which related to identifying and trading in the overall direction of market, usually until reversal occurs. Trailing stops will often be used to protect the account profits. The analysis firstly based on fundamental analysis, then specified trading positions based on technical analysis and use statistical probability to calculate the probability of price increases and risks.To get more news about WikiFX, you can visit wikifx news official website.
We shall start with a number of reviews of the market history and the important milestones of the metal silver to see why we all should care for this.
In 1973, Hunt brothers - sons of the oil billionaire Haroldson Lafayette Hunt Jr began to acquire silver market.
On January 18th, 1980 Silver price reached the highest level ever, nearly $50/oz, which is also the period when the Soviet Union invaded Afghanistan. Silver prices fell about $15 later that year.
In February, 1985 the Hunt brothers were charged "with manipulating and attempting to manipulate the prices of silver futures contracts and silver bullion during 1979 and 1980" by the United States Commodity Futures Trading Commission (CFTC) (the US government raised deposit rates and trading restrictions) and fined $ 134 million in compensation for a Peruvian mineral company. The Hunt brothers then declared bankruptcy. And there is also a legendary investor who has also entered this market however people only know him mostly through the stock market - no one rather than Warren Buffett.
Warren Buffett also invested in Silver during 1997 - 1998, he bought 130 million oz. silver, which is equivalent to 4,043 tons. It generated a pre-tax profit of more than $ 97 million for their Berkshire Hathaway Group, Buffett revealed in a letter to shareholders in 1997. Berkshire CEO described the purchase of more than 4,000 tons of silver as "back in the past" because he had also invested in the metal in the 1960s. In 1997, Buffett once again bet on silver when he predicted the shrinking reserves and the process of "issuing more money" that the central banks was proceeding will push this metals price up.
Subsequently in the 2008 the historic event of financial crisis with the Fed's QE bailout packages pushed silver to $49.5/oz, the highest level since 1980. And then silver had a long slide in the price until today.
Silver has had a 3,300-day decline chain until the time the author wrote this analysis. And silver's chances are being strengthened as the primary metal - gold has achieved an 80% recovery from its peak in 2011 ,while silver is still down 65% from its own.
A man, who wishes to remain anonymous, had a lucky day last week after winning $100,000 from a $5 lottery ticket sold at Texaco T-Mart. The man was playing a Mississippi Blues scratch-off ticket, and the winning number was revealed after he scratched off the last box.Get more news about 彩票API,you can vist loto98.com
"I was up here cashing some of them in, and he came in and handed me three tickets and I asked, ‘What are you going to do with that one you've got in your hand?' and he said, ‘I'm going to Jackson in the morning,' and I said, ‘What about the one in your hand?' He turned it around and showed me, and it was number 39 $100,000, and I was like, ‘Dang,'" said store manager Mandi Kemp. "I was excited for him but I was excited we sold it too.According to Mississippi Lottery Corporation Communications Director Meg Annison, he is the second person in the state to win $100,000 since the lottery began Nov. 25. He was the first player to win a $100,000 payout from the Mississippi Blues scratch-off game. The other person won from the $100,000 Jackpot game.
"In the Mississippi Blues game, there are four of those top prizes and there are still three more $100,000 prizes in that particular game," she said Monday morning. "We keep games open until all the top prizes are paid.
When the lottery launched in November, there were four games, and Mississippi Blues was in the second round of games released. Last week, the third round of games was released.
"It's great to see winners from across the state. A lot have people have said, ‘Well, there's only been winners here' or ‘There's only been winners there,' but it's a gamble how the winners are spread out," Annison said.Following the man's win, Kemp asked if it was okay to tell people about selling the ticket, which was limited to just telling locals. It didn't take long for the news to spread.
"It was all day Friday and all day Saturday. We're proud of it," Kemp said of an increase of business. "We've even had some from Georgia Saturday."Before last week's big win, the largest lottery prize Smithville Texaco T-Mart cashed in was $500, and that ticket was sold in Amory.
Kemp said the store sells several lottery tickets every day, and last week's big winner has been and continues to be a regular customer.According to the state lottery's website, the approximate odds of winning something on a Mississippi Blues ticket are 1:3.91.
World of Warcraft Classic has been plagued with some controversy since launch over an exploit known as ‘layer switching', and Blizzard has now issued an official statement on the matter, declaring that it's a much smaller issue than some folks are making out - although countermeasures against it are incoming.To get more news about Buy WoW Shadowlands Gold, you can visit lootwowgold news official website.
World of Warcraft developer Pazorax posted on the game's official forum to say: "We've been monitoring players' use of layers, and we agree that we should add a delay between subsequent layer transfers. Under the hood we have all the controls I talked about in the Reddit AMA before launch, a few secret weapons we haven't discussed publicly, and we're working on deploying some additional controls to further restrain layering from being exploitable.
"However, we also want to assure you that the issue is a much smaller problem than some people are claiming. We've been closely monitoring the effect layering is having on economies and other aspects of the game, and many of the stories we see posted are wildly inaccurate. We've seen screenshots of banks full of rare crafting materials, which we've investigated and proved false."
Layering itself simply refers to splitting a server into different layers, which are effectively multiple copies of the world.
While this was never in the original World of Warcraft game way back when, it was introduced for WoW Classic because Blizzard feared that the hordes of players cramming into early-level zones would effectively make the game unplayable, as competition for resources and quests would be unbearably tough in a single world environment.
Splitting up the population into more manageable amounts over different layers was the solution to the problem of overcrowding given the huge amount of people flocking to WoW Classic initially.
Eventually, when many of the initial rush of players (remember, any subscriber can play) likely get bored of WoW classic, and the server populations thin out, as well as characters spreading out more over the level spectrum, overcrowding should become much less of an issue.And as Dexerto reports, Blizzard has said it will remove the layering system when this sort of population scenario becomes a reality down the line.
EUR/USD extends its bullish momentum, most likely it will reach new highs as the US Dollar Index could drop deeper. The USDX is traded at 94.84 level, the next critical downside obstacle stands at 94.65, personally, I believe that the index will hit this level soon.To get more news about Expert 24 Trade, you can visit wikifx news official website.
You should keep an eye on the economic calendar today as the US is to release the Unemployment Claims data, the indicator is expected around 1300K in the previous week, while the CB Lending Index could increase by 2.1%, versus 2.8% in the previous reading period.
EUR/USD is traded at 1.1585 level, below 1.1602 yesterdays high, the price tries to come back above the 1.1600 psychological level again, it remains to see what will happen later as the Euro-zone Consumer Confidence will bring high volatility.
You can see that the USDX is almost to reach the 94.65 static support level, the 50% Fibonacci line is seen as strong support as well. A bounce back, rebound from the confluence area formed at the intersection between the 50% line and the 94.65 will signal that the USD will strike back, will appreciate again versus its rivals.
The current downside movement will be ended if the USDX will make a reversal pattern right on the 94.65 level. A valid breakdown below the 50% line and below the 94.65 will validate a further drop, this scenario will signal that EUR/USD and the GBP/USD will reach new highs in the upcoming period.
Ive said yesterday that, EUR/USD will approach and reach the first warning line (WL1) of the former descending pitchfork after aggressive breakout above the 1.1495 level, static resistance. The pair is trading in the green and most likely it will hit the warning line (WL1) in the upcoming hours.
A valid breakout above the WL1 will confirm further growth towards new highs, so we may have another long opportunity, while a false breakout, rejection, will signal a minor drop towards the 1.1495 in the short term.
GBP/USD is traded at 1.2746, it has managed to close above the 61.8% retracement level, so the next upside target is seen at the median line (ML) of the major ascending pitchfork. The pair is trapped within an up channel, between the 50% Fibonacci line and the median line (ML), so the outlook is bullish.
A consolidation, stabilization, above the broken 61.8% level will suggest buying again with a first potential target at the median line (ML) of the ascending pitchfork. Only another false breakout above the 61.8% level will invalidate a further increase and will bring a short opportunity in the short term.
USD/JPY has closed again above the 107.00 psychological level and now is pressuring the 50% Fibonacci line of the descending pitchfork. A valid breakout above this dynamic obstacle will announce a potential rally towards the upper median line (UML).
The 106.60 is seen as a critical support level, a downside breakout will suggest selling, but the price has failed to reach this level again signaling a potential upside movement in the short term.
USD/JPY has failed to reach and retest the median line (ML) in the last attempts, so a bullish momentum is favored, the first target is represented by the UML, well have a larger upside movement only if the pair will take out this dynamic resistance.
Last week, an analysis was reported by some renowned news media, pointing out the "death cross" in the daily chart of the U.S. Dollar Index (DXY). Such cross occurs when the 50-day moving average crosses below the 200-day moving average. It also predicted that DXY is possible to slump.To get more news about Expert 24 Trade, you can visit wikifx news official website.
Such bearish technical formation which reflects future market trend, from my point of view, is not worthy of worry. The reason lies in the results of the same situation last time. On December 30, 2019, the "death cross" occurred. In an ironic twist, however, DXY rebound dramatically to 99.91 after it reached its bottom at 96.35.February 21 witnessed a golden cross when the 50-day moving average rose above the 200-day moving average. Ironically, DXY plunged to 95.00 after it peaked at 99.91.
Such golden cross and death cross occurred are both wildly inaccurate. The theory as a joke may be accurate once the viewpoints are exchanged.
In the session of technical analysis, I‘ve shared my opinions on the crossovers and held that the 50/200 crossover is not the best-performing moving average (keep you guessing). Thus, I won't adopt the death cross to estimate how DXY performs in the future market.
DXY came under downside pressure in the short run because of the bullish trend in U.S. stock markets rather than the rationales proposed by Roach, nor the death cross occurred. In addition, such divergence between DXY and U.S. stock markets will be dominant over the short term, with its references among the three U.S. stock indices lie on the DJIA and the S&P 500 rather than the Nasdaq composite index. Thus, it is necessary to analyze the continuing effect of the two indices on DXY in the short term. But in the long run, the main factors affecting DXY will remain to be traditional basic ones such as politics, economics and monetary policies.
Indias lenders and their shareholders are playing a dangerous game of hide and seek.To get more news about Expert 24 Trade, you can visit wikifx news official website.
Financial firms need to raise a record amount of capital, something they would like to do before the central bank‘s Covid-19 moratorium on repayment ends next month and they have to disclose a big jump in bad loans. So they have an incentive to pretend that their borrowers have become miraculously stress-free. Investors know this and are trying to ferret out bad news. Valuations are sliding, and if policy makers have a plan for rescuing this vital industry, they're keeping it close to their chests.
In March, the central bank told lenders they could stop collecting from borrowers for three months after Prime Minister Narendra Modi put a stop to most economic activity to contain the virus. Since then, the regulator has extended the timeout by another three months. But as they announce their June quarter figures, lenders are under pressure from the stock market to show how most of their customer accounts have become regular again after the lockdown was relaxed May 10.
Axis Bank Ltd. shares jumped more than 7% in Mumbai on Wednesday after it said loans under moratorium were down to 9.7% by value from 28% in May. It wants to raise $2 billion to boost its capital buffers after S&P Global Ratings cut its debt rating to junk. Non-bank financier Bajaj Finance Ltd. disclosed that a little under 16% of advances are frozen, a drop from 27% at the end of April. This improvement, however, failed to cheer investors because at least some of it came from tweaking term loans to "flexi" arrangements where borrowers only need to pay interest for one or two years.
More broadly, analysts are finding it hard to swallow the sudden unfreezing, given that an average of 38% of the book for mortgage financiers and 64% for auto lenders was at a standstill in May. Customers paying just the June installment would get off the list of accounts under moratorium, "even if they have not cleared the past dues," says Elara Securities India Pvt.
Sanford C. Bernstein & Co. analyst Gautam Chhugani has identified two other strategies. The first is to simply deny deferment requests and keep auto-debiting customer accounts. The other method is to help wobbly borrowers with fresh funds, so "the underlying health of the loan won't be known for a long time until 2021," he says.
The pandemic has given banks tools to do this. Lenders have approved $17 billion out of a $40 billion state-guaranteed small-business credit program. Media reports suggest part of the money has gone to borrowers on the condition that they repay old loans. Shadow banks, especially ones exposed to troubled property developers, are hawking new bonds. Banks can use the monetary authoritys funding-for-lending program to buy the notes. Here again, they want financiers to keep servicing existing bank debt.
At $1.4 trillion, advances by India‘s top banks and other lenders are broadly unchanged from a year earlier. While stagnation in loan growth is only to be expected in a shrinking economy, what's also worrying is that financiers accounting for three-fifths of the credit are being judged by investors to be worth less than their assets. Its a sharp deterioration from a year ago, when 40% of institutions by total loans were trading below book value.
Dismal valuations will stop many state-run banks from joining the fund-raising party, which may top $10 billion this year, almost double the record $5.2 billion in 2017. The government must come to the rescue. Economists at State Bank of India suggest lowering the minimum capital norm to 8% from 9% of risk-weighted assets, and deferring the rainy-day capital conservation buffer.
Those two measures will save almost $40 billion. That's not enough capital. Delinquent corporate debt, which was weighing India down even before the coronavirus, is getting heavier. India Ratings and Research Pvt., a Fitch Ratings affiliate, has pegged additional loan-loss costs from 500 heavily indebted firms at $30 billion, a conservative estimate because bankruptcy courts aren‘t taking new cases and asset buyers are looking to wriggle out of commitments. To this, add the post-Covid slide in small firms' fortunes, as well as losses on micro credit and other individual loans.
Even if a bad bank is set up to take problem loans out of the financial system, the discounted price at which it will buy them means that private capital will have to absorb chunky losses. No amount of gloss by bankers can hide the stress for too long. The market will eventually find it.
Stocks on Wall Street ended on a gloomy note. The Dow Jones, S&P 500 and Nasdaq indices closed 1.31, 1.23 and 2.29 percent lower, respectively. In the S&P 500 benchmark, information technology took the hardest hit, specifically under the technology hardware, storage & peripherals subcomponent. Apple Inc - the second largest company in the indexs weighting system - fell and helped drag the S&P 500 lower.To get more news about Expert 24 Trade, you can visit wikifx news official website.
Amazon and Microsoft - also considered to be index heavy weights - were also steeped in red which contributed to the overall decline across US equity markets, specifically for the technology sector. Stocks were hit hard after initial jobless claims data - a highly-scrutinized statistic amid the pandemic - showed a worse-than-expected print.
These claims jumped by 1416k, far above the 1300k estimate and reinforced fear about the severity and duration of the virus-induced recession. Secretary of State Mike Pompeo gave an arguably provocative speech on US-China relations shortly after the government ordered the shutdown of the Chinese consulate in Houston. Beijing has vowed to retaliate but has not made it clear how.
Fridays Asia-Pacific Trading Session
Asia-Pacific trade brings a light raft of economic data which will likely then put the focus for investors on fundamental themes. Escalating US-China trade tensions will likely continue to dampen sentiment and punish-cycle-sensitive assets like AUD and NZD while giving a tailwind to USD and JPY. Sentiment-linked commodities like crude oil may also suffer with the risk of gold and silver retracing some of their recent gains.
AUD/NZD Analysis
AUD/NZD has struggled to break above a five-year descending resistance channel despite spiking 6.30 percent from the March lows. The rejection at the slope of depreciation with follow-through could signal the start of a broader decline. Downside momentum may slow at the first layer of support at 1.0521, but if selling pressure remains acute it could open the door to testing a secondary substrate at 1.0484.
Stocks in Asia were poised to follow U.S. equities lower after an unexpected rise in jobless claims rekindled concern the economic recovery has stalled. Treasuries rose.To get more news about Expert 24 Trade, you can visit wikifx news official website.
The first uptick in jobless claims since March comes as Congress negotiates a new relief package for millions of Americans who are set to lose enhanced benefits at the end of the month. Other worrying signs of the U.S. economy slowing added to concern that the growth in some areas will peter out.
"The recovery is in place, but the labor market is really, really fragile," said Gene Goldman, chief investment officer at Cetera Financial Group. "That‘s going to weigh on the markets and it's going to weigh on consumers for a long time."
Elsewhere, the yield on 10-year Treasuries fell to 0.58%. Crude ticked up, while precious metals continued their torrid run of gains that have taken gold and silver prices to multi-year highs.
In Europe, the yield on Italy‘s benchmark bonds fell below 1% for the first time since March amid euphoria over the Europe Union's pandemic recovery package.
Former New York Fed President William Dudley discusses the state of the U.S. economy and need for further stimulus for citizens and businesses.
As stated in a little too long and too exalted introduction legendary weapons in World of Warcraft are designed to be the best in the game. Usually, obtaining them required completing quests longer than the introduction in this guide, and fighting powerful bosses. Sometimes more than once. Definitely, you will not find legendaries among the meadows of The Barrens, and buying them on Auction House may sometimes harm your wallet.To get more news about WoW Gold Classic Cheap, you can visit lootwowgold news official website.
With time with an addition of succeeding patches, their meaning decreased (especially the Classic WoW ones), and obtaining them was no longer time efficient. It is like climbing the Mount Everest - it is no longer challenging, but it's still a nice thing to achieve.
In this guide, we will focus on legendary items in the game before the implementation of The Burning Crusade and following expansions. It means that we'll talk about the likes of Val' anyr, Hammer of Ancient Kings, Thori' dal, the Stars' Fury, The Twin Blades of Azzinoth, and others in a different guide.
It is one of these cases, where you walk into the instance to clap the boss, you see the weapon he's wielding, and you think: "Wow! This is so cool". It is exactly the case for Sulfuras, but "cool" may not be the word here, as the warhammer is made from lava. As soon as you step into the Molten Core and face the final encounter, you will see one of the most epic pieces of weaponry in the Classic World of Warcraft.
Of course, you will not be given an opportunity to wield the Sulfuras itself, neither to loot it straight from dead Ragnaros hand, as it is way too big for any race available in Classic WoW. However, Ragnaros zealots have found a way to replicate their master's weapon. These replicas are known as Sulfuron Hammers.
Sulfuras was added to the game in Phase 2. The weapon binds on pick up. Up until patch 1.6 (release of Blackwing's Lair) it had the highest damage per second ratio. Until patch 1.11 (the addition of Might of Menethil) it was still considered one of the best in terms of highest raw damage weapons available. With an attack speed of 3.70, it hits pretty hard.
Welcome to our Arathi Basin Battleground Guide for a current Classic WoW version. It's a database of some basic yet important tactics and intel. With the recent release of Blizzard's WoW Classic this is the perfect time to cover some Battleground Instances available in the game and learn about them. With this guide we will try to help you grasp some basic things, like map presence, roles, teamcomps, tactics, and more about arathi Basin. Read through this guide and try out this instance for yourself. And who knows, maybe this will become your favorite part of Classic WoW? Alterac Valley will become a little bit more familiar.To get more news about Buy WoW Shadowlands Gold, you can visit lootwowgold news official website.
There are some differences in playstyles and gameplay at different levels of play. Playing against PUGs, or Organized Premades will always play out differently. We will try our best to cover both scenarios. We will spend more time on premade vs premade scenario, but almost every piece of intel found in this guide should be applicable to both scenarios. In the end you will be able to implement everything nicely, allowing for a fun, thrilling, and successful Arathi Basin experience, with lots of honorable kills on your account. Doesn't matter if you are playing as paladin, priest, rogue, shaman, warlock, warrior, or if you are planning to go for something else if expansions come out. You are going to have a great time with this gamemode.
This instance is very similar to Warsong Gulch. However - where Warsong Gulch depends heavily on skills of every player, with gameplay focused hugely on singular plays, Arathi Basin relies on teamplay even more, as there are more teamfights happening all over the map. In this mode teamplay means everything. With so many fights scattered across the playing field there's a lot of potential to mix the skills of everyone and unleash on the enemy with a planned and predetermined outcome that will be most effective in the situation. And of course there's an enemy team with a very similar plan. So it will be all about teamplay and communication. Which team has a better plan, and which team will execute it better. So - let's get you and your fellow players winning some games in your epic Arathi basin quest. You will also find links to our other guides, with lots of content. Everything is up to date when it comes to current patch (reputation and pvp guides are on the way).
Arathi Basin is an instanced battleground where two 15-men teams will fight on a medium-sized map over the control points (Resource Nodes with no npcs). It's a classic Control Points PvP Gamemode found in a lot of popular online games. Two teams fight each other around the map, capturing the points with their presence, fighting off attackers, and watching over other control points to make sure that enemies have less points under control. While a Node is controlled resources will slowly pile up. More control points equals more resources. As soon as one team reaches 2000 resources the match is over.
And if you want some lore - the place itself is located in Arathi Highlands. It's an eternal fight between Forsaken Defilers and League of Arathor over natural resources to claim them for themselves. You will get to know some of the story through quests related to this location.
I've been playing as a Night Elf Druid -- specializing in restoration talents, with a dash of balance thrown in -- and I've slogged my way through countless dungeon runs and endless gankings in Stranglethorn Vale to make it here.To get more news about Buy WoW Classic Items, you can visit lootwowgold news official website.
To longtime players of the game, this may not be that big of a deal. Level 60 is the traditional level cap, the first big pinnacle of achievement back in 2004 when the journey to 60 was a hundred-hour commitment to the grind -- not the lazy afternoon it can be in regular WoW.
There are countless players around the world who've hit this goal on not just one, but a myriad of characters. Some dedicated players have multiple level 60 characters, because they need additional digital bag space to hold all their fancy weapons and gear. These people clearly have a lot more time on their hands than I do.
So level 60, for some, is trivial. For me, it's a huge deal. Wow Classic is the first game in a while to sink its claws deep as my manic brain flings me from one activity to the next. It's also the first time I've fallen in love with an MMO.
When it comes to games, I'm either all in, or not interested at all. I can take or leave the games that don't grab me, but if one does, oh boy. I buy the books. I buy art. I read every scrap of lore. I construct vast narratives about my characters in daydreams.
With WoW, I was late to the party. I never played it when I was younger and hadn't gone further than watching a few stray scenes from Warcraft, the movie. But when social distancing restrictions came into place, I found myself with an awful lot of time on my hands and a partner who logged over 365 days of game time during his formative years, playing through every expansion. That's almost 10,000 hours.
So naturally I made him spend 6 and a half hours running me through every single detail of every single expansion in the World of Warcraft universe. We watched every cutscene, pausing for inevitable questions. We watched Blizzard trade show announcements. We went over strategy for various dungeons. He patiently explained to me the difference between Arthas and Uther and a whole host of characters with frustratingly similar names. And we may or may not have even asked his accomodating mother to go scavenging through his old house for the novels, before sending them interstate so I could scour them for lore.
Pupils in the Senior School will follow a rigorous academic programme that is designed to challenge every child with the finest elements of a modern British curriculum while still integrating elements of local cultures to meet the needs of all our learners.
International schools in Hangzhou
- At the Senior School of Wellington College International Hangzhou, pupils in Years 10 and 11 will study and prepare for the internationally-acclaimed IGCSE examinations through a two-year course across a broad range of subjects. This broad range will be a combination of core compulsory subjects (English, maths, science, modern foreign language) and optional subjects. This will provide our pupils with between 9 or 10 IGCSEs depending on their choices.
For the 2020-2021 academic year, Wellington College International Hangzhou will be enrolling pupils from Year 1 through Year 10, the first year of Senior School that commences the IGCSEs programme.
Mr. Philip Stainton, the incoming Deputy Head of Senior School at Wellington College International Hangzhou, has answered below some of our most frequently asked questions about the IGCSE programme. We hope his answers will give you a better understanding about the programme and how we will support pupils in achieving academic success as well as offer guidance on setting each pupil's higher education pathway.
Q1: What curriculum does the Senior School offer?
Once we enter Key Stage 3 (Years 7-9), subject specialists lead individual subjects, effectively encouraging our pupils to begin considering which IGCSE pathway to pursue. The learning journey at Senior School, then, is less thematic-based and more specialist-based.
From Year 10 onwards, Wellington College International Hangzhou pupils will begin their IGCSE journey, culminating in IGCSE exams at the end of Year 11. In Years 12 and 13, pupils will undertake A Levels.
Q2: What are the IGCSEs and what is the difference between IGCSEs and GCSEs?
IGCSEs are independent two-year courses with formal, externally marked examinations held at the end of the second year. It is a rigorous curriculum developing key skills in a range of areas. Through a variety of questioning methods, IGCSEs test a combination of critical thinking, extended writing analysis, knowledge and skills. Every single pupil aged 16 (Year 11) in the UK completes formal examinations in different subjects for the GCSE. The IGCSE is the international version that our pupils will be studying.
Fundamentally, IGCSEs and GCSEs are very similar. Both offer the same rigor and depth of knowledge in the subjects offered through the GCSEs in the UK. There are two main differences between the two: first, the IGCSE removes any cultural bias of contexts in subject knowledge, such as history and English, that would disadvantage international pupils. It also ensures that the language used for the questions in the examinations and within the study context are accessible to any nation. Pupils are given a fair opportunity to access the texts and examinations regardless of where in the world they are studying.
Q3: What are the different subjects that are on offer in the IGCSEs?
We take immense pride in offering a broad curriculum of IGCSE subjects. They are separated into two different categories: compulsory and optional.
The compulsory subjects are the ones we hold highly valued: English language, science, mathematics, modern foreign language and English literature.
Our optional subjects are subjects that our students begin interacting with during Key Stage 3. Through this introduction, they can gauge their interest, passion and potential for academic success in each. Optional subjects include classes in arts, the humanities, ITC and design technology.
Q4: What foreign languages do we offer?
We offer Chinese (as a first and a second language), French and Spanish.
Q5: Different academic programmes have different grading systems. Can you explain the assessment and awards?
All courses end with examinations in May or June of Year 11. IGCSEs do not result in one single grade, score or level. A separate grade is awarded for each subject. How well a student performs depends on the number of IGCSEs they have passed and the grade awarded in each. These grades are awarded independently of the school by examination boards according to strict regulations.
Some courses include an element of coursework. This is work completed during Year 10 or Year 11 which may be marked internally or externally and counts towards a percentage of the final mark. Each subject is awarded a grade following the 9-1 marking system: 9, 8, 7, 6, 5, 4, 3, 2 or 1.
Q6: How will International schools in Hangzhou like Wellington help prepare its students for their university applications?
We understand that one of the key reasons parents choose a certain school is because they want to help their children get into university. We also believe passionately that we have a duty of care to our pupils. When they leave our institution of Wellington College International Hangzhou, they could be going anywhere in the world and we have to make sure they are making the right decisions to find the best-fit colleges and universities.
This is why there will be designated time in the pupils' timetables to meet with an University Officer, a member of the Academic team who will work with pupils in researching the best-fit universities and courses. Quite often, prestigious or high-ranked universities are not the best options for a pupil. Through the four-year programme of IGCSEs through A Levels, our University Officer will ensure that our pupils are well-prepared to write college applications and research the necessary application requirements to excel on their chosen pathway to and at university.
If you would like to join the Wellington community, whether you are planning on moving to Hangzhou or you are already living here, you can arrange an individual personalised visit by scanning the QR code below or contacting us via telephone or email. Our Admissions team are available to host you for a private campus tour throughout August to help you discover what makes Wellington special.
(+86-571) 8239 6366
admissions.wcih@wellingtoncollege.cn
Gold is traded at $1,973 and most likely it will hit the $1,981 all-time high in the upcoming hours as the bulls are in full control. The price is strongly bullish, so a further growth could be natural.To get more news about upstox, you can visit wikifx news official website.
The yellow metal has decreased a little in yesterday‘s session, but the drop was only a temporary one, I've said in the previous analysis that a minor drop could help us to go long again. Gold rallies as the USD accelerate its sell-off, the USDX has reached fresh new lows even if the US Advance GDP has decreased only by 32.9%, versus a 34.5% estimate, the Unemployment Claims have increased from 1422K to 1434K in the previous week, failing to match the 1440K prediction.
The gold price and the US dollar continue to move in opposite directions as the traders and investors were disappointed by the FED on Wednesday.
Gold is trading in the green and is pressuring the first warning line (WL1) of the former ascending pitchfork, a valid breakout above this dynamic obstacle and another higher high will confirm an increase at least till the $2,000 psychological level.
The $1,981 all-time high could be ignored if the USDX will continue to drop in the short term. Only a false breakout with great separation above the warning line (WL1) or any other reversal pattern will suggest that the upwards movement is finished and that we may have a corrective phase.
Personally, I believe that a valid breakout above the WL1 will signal potential growth far above the $2,000 psychological level. On the other hand, a rejection from the WL1 will send the rate down towards the 150% Fibonacci line.
USDX has dropped below the inside sliding line (SL1) of the descending pitchfork signaling a deeper drop on the Daily chart, the next downside target is seen at the second sliding line (SL2), right above the median line (ML).
A USDXs further drop will force EUR/USD to jump higher and to reach new highs, I believe that only a strong, major, reversal pattern on the second sliding line (SL2) could signal a reversal. It the US Dollar Index will touch the median line (ML) of the descending pitchfork, technically, the index could resume the current downside movement in the upcoming period.
EUR/USD has registered an aggressive breakout above the 1.18 level and above the 250% Fibonacci line confirming further gains. The pair has opened with a gap up and now is targeting the second warning line (WL2) of the former descending pitchfork.
You can keep an eye on the economic calendar today because the Euro-zone and the US figures could bring high volatility in the short term. Personally, I dont believe that the US could take the lead and drive EUR/USD lower even if the US data will come in better than expected.
EUR/USD could try to close todays gap only, the outlook is bullish, so the pair could jump way higher as long as it stays above the 1.1800 level and above the 250% Fibonacci line. The WL2 and the 1.2000 could be used as near-term upside targets if you are long on this pair.
With a glance at July, it is found that some currencies of major industrial countries, which plummeted in the first half of 2020, have rallied in different degrees. Among them, both EUR and AUD have turned their six-month negative inflation into positive one. The main reason is the boom in global stock markets arising from unprecedented quantitative easing implemented by central banks worldwide since March. This forces USD, a currency tending opposite against U.S. stocks, to constantly decline, providing chances for weak currencies to rebound at different levels.To get more news about upstox, you can visit wikifx news official website.
From this January till now, only CHF and JPY crowned winners for the whole journey. As of July 27, SEK has become the best performer, with an increase of 5.9%; followed by CHF, rising by 5.1%; while JPY has ranked sixth, with a gain of 2.3%. Under the premise that USD will stay weak in the short term, I will expect a strong CHF with constant buoyancy in the future forex market. CHF is the most stable one for me because there are latent risks in EUR, GBP and the commodity currencies of AUD, NZD and CAD .
With a glance at July, it is found that some currencies of major industrial countries, which plummeted in the first half of 2020, have rallied in different degrees. Among them, both EUR and AUD have turned their six-month negative inflation into positive one. The main reason is the boom in global stock markets arising from unprecedented quantitative easing implemented by central banks worldwide since March. This forces USD, a currency tending opposite against U.S. stocks, to constantly decline, providing chances for weak currencies to rebound at different levels.
From this January till now, only CHF and JPY crowned winners for the whole journey. As of July 27, SEK has become the best performer, with an increase of 5.9%; followed by CHF, rising by 5.1%; while JPY has ranked sixth, with a gain of 2.3%. Under the premise that USD will stay weak in the short term, I will expect a strong CHF with constant buoyancy in the future forex market. CHF is the most stable one for me because there are latent risks in EUR, GBP and the commodity currencies of AUD, NZD and CAD .
USD and JPY can play the role of safe haven only when stock markets suffer from sharp loss. Currently, stock markets stay uptrend despite of the global tension. Thus, investments may flow from U.S. to Switzerland for safe haven, encouraging more CHF purchases. In view of this, CHF is possible to achieve the 2015 high of 0.9071 before adjustment. But even it is adjusted, I hold that CHF will keep climbing to another high of 0.8700 in the second half of the year.
Finally, we should pay attention to DXY as well. On the one hand, it has been in highly oversold territory; on the other hand, it may see a retaliatory rebound if the risk hedging of USD takes effect again due to the slump in global stock markets arising from tension.
EUR/USD has opened with a gap down today and now is trading in the red. The price is traded at 1.1761 level, far below 1.1807 yesterday‘s high. The perspective is still bullish despite today's drop, the pair is expected to try to close the current gap and to pressure the 1.1800 psychological level.To get more news about upstox, you can visit wikifx news official website.
EUR/USD has decreased a little only because the USDX has recovered today. The US Dollar continues to be under massive selling pressure, so the rebound could be temporary. The dollar has continued to drop after the FOMC Meeting, the FED has maintained the monetary policy unchanged, reiterating that they could use the full range of tools to support the US economy to recover after the current health crisis.
The US Pending Home Sales rose by 16.6% in June, beating the 15.6% estimate, the Prelim Wholesale Inventories, and the Goods Trade Balance have come in better than expected as well, but unfortunately, the USD wasnt impressed.
The United States Advance GDP will be released today, the indicator could register a 34.5% drop, while the Advance GDP Price Index could increase by 0.0%. Unfortunately, the Unemployment Claims could increase again, from 1416K to 1440K in the previous week, this is not great news for the greenback.
EUR/USD has reached the 1.1800 level and the 250% Fibonacci line as expected and now has decreased a little. The bias is bullish, so a minor drop could not affect the upside movement.
Actually, a minor decline could be natural after the impressive rally, EUR/USD could slip lower if the US Dollar Index will increase in the upcoming days. The aggressive breakout above the warning line (WL1) and above the 1.17 level have confirmed growth at least till the 1.18 level.
I‘ve said in yesterday's article, analysis, that EUR/USD could be attracted by the 250% Fibonacci line if the USDX will hit new lows. The current drop could help us to go long again, EUR/USD stays bullish as long as the rate is traded above the warning line (WL1) and above the 1.1495 static support (resistance has turned into support).
The upwards movement will resume if EUR/USD will close the gap down, and if it will make a valid breakout above the 1.1800 level and above the 250% Fibonacci line. Another higher high will bring a buying opportunity as the pair will try to approach and reach the second warning line (WL2) of the former descending pitchfork.
The USDX is bearish, so EUR/USD is bullish, is understandable why we cannot talk about a selling opportunity on EUR/USD yet. Only a reversal on the US Dollar Index or a major reversal pattern on this pair will suggest selling, we are not there at this moment.
UBS Group AG and Citigroup Inc. are at odds on how Singapore‘s move to cap dividend payouts at the nation's banks will play out for equity investors.To get more news about upstox, you can visit wikifx news official website.
Citigroup says the move will be viewed negatively by investors as dividend yield is an important factor when considering buying bank stocks. UBS sees the central banks move as prudent in the context of the coronavirus pandemic and no threat to the sustainability of payouts.
Singapore‘s central bank on Wednesday ordered lenders to cap their 2020 dividends at 60% of last year's levels, a move in line with other global central banks actions in the wake of the pandemic. The lenders command the biggest weighting in the MSCI Asean Index and are set to announce their quarterly earnings next week
"The short term and prudent nature of this measure does not raise any question marks on the long-term sustainability of dividends," UBS Group analyst Aakash Rawat wrote in a note. "Investors with a slightly longer term horizon are likely to see this weakness as a buying opportunity."
The impact seems greatest for DBS Group Holdings Ltd., which investors see as a bigger proxy for generating dividend income than its peers, he wrote.
‘Viewed as Negative'
"This will be viewed as negative for the banks as the dividend yield is considered an important component of the investment thesis for owning these names, especially DBS," Citigroup analysts Robert Kong and Weldon Sng wrote in a note.
The cut in dividends will add to the pain of a sharp sequential fall in net interest margins and may prompt banks to front-load provisions, they wrote.
Prefer SGX to Banks
Jefferies Financial Group Inc. prefers shares of Singapore Exchange Ltd. to those of the nation‘s banks citing the bourse's "similar but fully underwritten cash yield," according to a note.
The announcement will weigh on sentiment as yield gets capped at around 4% versus 6% previously, although investors should remember the strong capital positions of the banks, analyst Krishna Guha wrote.
The biggest event risk in Wall Street trade was the FOMC rate decision and subsequent press briefing by Fed Chairman Jerome Powell. Given the risk-on reaction in markets, it appears the Fed told investors exactly what they were hoping to hear - and more. The Chairman said that the central bank will be extending dollar repo and swap lines to March 31 and will be holding rates near zero due to the "considerable risks" of the virus.To get more news about upstox, you can visit wikifx news official website.
He emphasized that officials are not even thinking about raising rates and assured investors that they should not expect signals on stimulus removal for some time. This assurance of liquidity and flow of credit is "essential" for a recovery, particularly in taming volatility in financial markets. Concerns about a credit crunch as well as the second-and third-order impact from such an event are a bitter memory for 2008-meltdown survivors.
This is especially true when so-called "Black Swan" events - like the coronavirus - expose financial vulnerabilities that increase the likelihood of an asymmetric shock to the financial system. The fragile leveraged loan and corporate debt market continues to be a point of concern in terms of liquidity, though the Feds unprecedented efforts have helped quell fears in that area - at least for now.
Mr. Powell applauded Congress efforts towards implementing another fiscal package and stressed the importance of non-monetary measures to address areas that the central bank cannot. This theme of greater reliance on fiscal measures is also a major consideration in the sub-zero interest rate environment of Europe. The latest EU leaders summit and passage of a multi-billion Euro aid package underscores that point.
Digression aside, the Chairman warned that the Q2 GDP contraction will likely be the biggest on record, and that going forward the path ahead for the economy is "extraordinarily uncertain". He emphasized a familiar point that the virus and medical metrics relating to it are arguably the central driver of the economy now, but added that the slowdown in growth may be short-lived.
To address concerns of financial stability, he said that monetary authorities can adjust forward guidance and asset buying if necessary. To top it off - in the spirit of former ECB President Mario Draghi - Mr. Powell said the Fed will do whatever they can and for as long as it takes to maintain financial stability and restore economic vitality.
Consequently, stocks ended in the green with the Dow Jones, S&P 500 and Nasdaq indices closing 0.61, 1.24 and 1.35 percent higher, respectively. In the S&P 500 benchmark, financials and energy led with the highest gains. Not entirely by coincidence, crude oil and the petroleum-linked Norwegian Krone were also up for the day.
The Feds supportive message hammered the haven-linked US Dollar and put a premium on higher-beta assets like NOK and helped push equity markets higher. Credit spreads across the risk spectrum in the United States and Europe narrowed, with six out eight CDS indices showing a below-average spread over a three-month average.
A relatively sparse data docket means investors may focus more on broader macro-fundamental themes following the FOMC rate decision and subsequent commentary. The risk-on dynamic in Wall Street trade may push the New Zealand Dollar higher with commodity-linked and emerging market assets at the expense of comparatively less-risky currencies like the Japanese Yen and US Dollar.
NZD/JPY Analysis
NZD/JPYs hesitancy to break below a frequently-brushed inflection range between 70.030 and 69.897 could mean a retest of stubborn resistance at 71.249. The pair encountered friction at this level in February, March, June and most recently in July where it subsequently led to the invalidation of the May uptrend. Conversely, puncturing 69.897 with follow-through could lead to a cascade of sellers wanting to capitalize on its retreat.
An Australian man who won a nearly $150,000 lottery jackpot said he didn't even have to pay for his ticket -- it was a birthday gift.Get more news about 彩票包网服务,you can vist loto98.com
The Tumut, New South Wales, man told The Lott officials he didn't realize he had won $143,920 from the Lucky Lotteries Mega Jackpot drawing on Monday until his wife read in the newspaper that no winner had come forward."My wife was reading the paper, and she saw they were looking for a Lucky Lotteries Mega Jackpot winner from Tumut," he said. "I remembered I had some tickets that I'd been given as a birthday gift, so I came down to the newsagency to check them."
"That's when I found out I won. I thought 'Oh, my God,'" the man recalled.
The man said the first thing he planned to do after collecting his prize was to call into work and take the day off.
"Then I am going to get my family over for some celebratory drinks. I am just going to sit back and wonder how the hell this happened," he said. "I don't know what I will do with my prize. I will probably put it toward my retirement."
One of the team's raid members bore all the info on Reddit to explain how they did it. This time around, they had more mages and an extra doomkin at the expense of multi-boxing dikkens. The WoW raid team completed most of the raid without using flasks but did end up using four. If you'd like to see the raid team in all their glory, you can check out the video down below.To get more news about Buy WoW Gold Classic, you can visit lootwowgold news official website.
In case you've been out of the loop, World of Warcraft Classic's Onyxia's Lair is a 40 person raid that also comes in as one of the shortest, as it mainly consists of fighting the titular boss. The encounter returned alongside WoW Classic last year and requires a Drakefire Amulet to attempt.
If you're looking for some more ways to enjoy Blizzard's long-running MMORPG, then our WoW Addons guide will provide you with just that.The World of Warcraft Shadowlands release date is set to fall later this year, bringing with it new story and quest content. The next expansion also features a Witcher Easter egg that we're quite fond of. If you need something to keep you busy until then, though, we've been keeping tabs on the best new PC games that have come out in 2020 so far.
Mit Phase 5 von WoW Classic können Azeroth-Helden endlich ihr blaues Dungeon-Set zur besseren Tier-0,5-Version aufwerten. Im Zuge der dafür notwendigen Questreihe gilt es unter anderem, mit dem Ektoplasmadestillierer Ektoplasma aus besiegten Geistern zu ziehen.To get more news about WoW Classic Gold, you can visit lootwowgold news official website.
In den Discord-Gruppen der Classic-Krieger (Fight Club) und Classic-Druiden tauchten nach Start von Phase 5 schnell Erfahrungsberichte auf, laut denen der Destillierer eine prima Möglichkeit ist, die erzeugte Aggro eines Tanks zu steigern. Der Effekt des Geräts wird durch die Verteidigungshaltung beziehungsweise Bärform dabei deutlich verbessert. Das ist übrigens keine völlig neue Entdeckung. Schon in Vanilla-WoW nutzten vereinzelte Tanks den Destillierer, um etwa in Naxxramas besser Gegnergruppen an sich zu binden (via Reddit). Damit ließen sich sogar einzelne Mechaniken spürbar vereinfachen, etwa bei Fankriss im Tempel von Ahn'Qiraj oder bei Grobbulus in Naxxramas.
Was schon in Vanilla-WoW genutzt (und von den Entwicklern geduldet) wurde, muss in Classic offensichtlich aber noch lange nicht geduldet werden. Nach einem Post auf Reddit, der auf die Aggro-Mechanik des Quest-Geräts hinwies, reagierten die Verantwortlichen von Blizzard sofort und spielten einen Hotfix auf (via Wowhead). Falls eure Tanks also gerade dabei waren, die T-0,5-Questreihe bis zur Quest Ektoplasmajagd zu spielen, um den Ektoplasmadestillierer zu erhalten: Lasst es sein, es lohnt sich nicht mehr!
Games giant Blizzard has kicked over 74,000 players from World of Warcraft Classic for cheating.To get more news about Buy WoW Items, you can visit lootwowgold news official website.
In a post on the game's website, community manager Randy "Kaivax" Jordan wrote that the developer had closed or suspended more than 74,000 accounts that were violating the title's End-User License Agreement.
Jordan said that the majority of these bans were the result of players cheating but using bots.
"While today's suspensions were applied in a batch - often referred to as a 'banwave' - it is a top priority for us to identify accounts that are botting and remove them," Jordan wrote.
"Our team works around the clock, every day of the week, and many of the suspensions and account closures over the last few months have gone out in the middle of the night, or on weekends.
"Like you, we play World of Warcraft. We understand what it's like to spot a player in-game who appears to be botting. We always want to eliminate the botting player, if it can be proved that they are indeed cheating. And that raises a big difficulty in addressing this issue - we have to prove to ourselves that the accused player is not a person who's actually controlling a character with their hands on a keyboard.
"We use powerful systems to determine if the suspected player is using an identifiable cheat, and our heuristics - which we do not outline publicly - are constantly improving and evolving. But when we examine a suspect and these measurements aren't out of line, we have to manually gather evidence against the accused player, which can be very time consuming and complex. It's worthwhile though, because we never want to take action against a legitimate player."
World of Warcraft Classic launched in August 2019 and recreates the state of the iconic MMO as it was back in September 2006. Research firm SuperData reported that World of Warcraft subscription revenue grew by 223 per cent that month due to the launch of Classic. The game's Twitch viewership more-than-doubled during Q3 2019.
World of Warcraft Classic has been a massive hit. Log-in queues reminiscent of its legendary 2004 launch, and the need for rapid server deployment after a few early tests are a testament to that. But now that more and more players are reaching the game's original Level 60 cap, they're starting to wonder what could possibly be next.To get more news about WoW Classic Items, you can visit lootwowgold news official website.
Well, Blizzcon came and went without an official announcement of World of Warcraft Classic getting a Burning Crusade or Wrath of the Lich King expansion, but Blizzard staff said they're "not opposed" to the idea.
The revelation wasn't a slip of the tongue, either. The nugget of information regarding the potential future of WoW Classic came from Executive Producer John Hight during the general World of Warcraft Q&A on Saturday afternoon.
The panel, which was full of top-ranking World of Warcraft staff was asked whether servers for the game's first two expansion, The Burning Crusade and Wrath of the Lich King would ever be added. Blizzard adopted a stance that Classic is a complete and faithful reproduction of the original game, so much so that it led to fans mistaking old features as bugs. But with many World of Warcraft Classic players reaching the end of its current content offerings, it's only natural to wonder what could be next.
Hight then turned the question back onto the audience, asking them to cheer for which of the two expansions they'd want to be added into the game. Screams were notably louder for Wrath of the Lich King, the game's second expansion, but it was clear players were set on the idea of Classic progressing beyond the base game in the future.
Cataclysm, which succeeded Wrath of the Lich King, has long been considered a turning point in the monolithic MMORPG's long history. The add-on altered the original game's map to a point where its original content and stories were completely inaccessible. Tweaks to class builds and abilities were also blamed for the sharp decline in subscription numbers from the 12 million Blizzard enjoyed during the Wrath of the Lich King days.
No release window was outlined, but Hight's words and the cheers from the audience suggest WoW players may get the chance to explore the Outlands and Northrend in their original state in the future. "We've done it before," Hight said, remarking how the company did what it once thought was impossible in reviving Classic, they just "need to be careful."
Blizzard has rolled out another Layered Realms Update to World of Warcraft Classic, aiming to crack down on players' ongoing exploitation of the population management technology, which creates multiple instances of the same server to avoid users having to wait around for crucial loot and enemies to respawn. To get more news about Shadowlands WoW Gold, you can visit lootwowgold news official website.
Beginning in September, certain WoW Classic players have been using layering to force endless respawns for quick levelling, but Blizzard has taken notice, already banning a number of users and beginning the process of removing Layered Realms altogether. The studio already removed layering from a number of servers earlier this month, but today's update has taken that almost full circle, with 18 more realms now layer-free, as listed in a post on the Blizzard forums which also promised that the remaining Layered Realms will be addressed soon after that.
In more exciting news, the Diremaul dungeon is now live in the remastered vanilla version of the hit MMO, and Halloween has come to Azeroth in the form of the Hallow's End event, which runs throughout the spooky season up till early November.
Blizzard has also promised that more is on the way for WoW Classic this year, and hopefully these Layered Realms update will bring a definitive end to one of the game's biggest problems so far. Watch this space, Azeroth dwellers.
Gold prices have risen from $1,801.30 to $1,940 per ounce in the past two weeks. As of July 28th, gold prices had fallen back to $1,929 per ounce. But it rebounded quickly on the 29th. Overall, gold price is still in a good upward trend, and has certain correction pressure after a continuous rise, which may lead to a falling gold.To get more news about OlympusFx, you can visit wikifx news official website.
At the beginning of 2020, the trend of gold price had ups and downs mainly due to the unstable international political situation, public health emergency and oil war. In addition, a series of international factors, including the unresolved North Korea issue, uncertainty of the US-China trade negotiation, Brexit issues, Iranian Major General Sulejmani assassination, the COVID-19 pandemic, etc. cause continuous panic sentiment in market, which further boost the gold market.
Gold prices showed a rising trend apparently, when the pandemic totally broke out in the world this March. From a whole view, it has been increasing steadily even though there are some slight falls. The price started to mount from $1,638 in mid-March to $1,725 per ounce in mid-April. Till the mid-June, it had reached $1,638 per ounce. At the same time, the whole world fought against pandemic which somehow caused economic depression. Many industries were in a slump, and many companies even suffered bankruptcy. That's the main reason why gold prices rise sharply.
Furthermore, gold prices started to jump up obviously, and then dramatically increased from July 17. The chart in the recent two weeks also showed that gold prices soared from $1,810 to $1,980 per ounce. However, the fall on July 27 triggered mass panic as gold prices declined to $1,953 per ounce. It is normal for gold to fall slightly due to the correction pressure after a continuous increase.
At 0:00 on July 28, the price of gold hit a record high, up 27%, close to 1981 US dollars per ounce. At the same time, according to official statistics, Bitcoin also reached a record high, up 17%, rising to 10,900 US dollars. There are many reasons for the rise in gold prices, in addition to the failure of effectively controlling the coronavirus pandemic and the severe international political situation. Monday, the Republican Party of the United States launched a new round of $1 trillion rescue plan, further stimulating a surge in gold. And People vigorously purchased gold to maintain the value due to the continuous panic sentiment. According to the comprehensive analysis, the trend whether gold will continue to grow depends on the international environment. It is suggested that investors should be cautious about selling high and buying low. Pay close attention to the market trend and don't follow others blindly.
Gold prices hit a record high on Monday, as a weakening dollar injected new momentum into a rally driven by uncertainty about the world economy.To get more news about OlympusFx, you can visit wikifx news official website.
Investors are rushing to Gold more than other precious metals as a result in the rising concerns of a second wave of the dreaded pandemic, COVID-19
Futures contracts for delivering gold in August shot up as much as 2.2% to $1,940.10 a troy ounce, topping the previous intraday peak of $1,923.70 from September 2011.They ended the day up 1.8% at $1,931, a second consecutive closing record.
Gold hit an all time closing high for the first time in nearly nine years Friday, but remained short of the intraday record.
Monday‘s record marked a milestone in gold's bull run, which many traders rank alongside those of 2008-11 and the late 1970s. The gloomy outlook for the world economy, a decline in interest rates, rising tensions between the U.S. and China, and the dollars depreciation have fueled the surge as investors have bought assets they perceive to be havens.
"There are still a lot of things to be worried about, which is why gold is attracting all this attention and all this money,"
Youre seeing money slipping out of the stock market or out of other assets and just eking into gold.
The advance marked gold‘s seventh consecutive daily advance, the metal's longest winning streak since February.
Gold prices have gained nearly 9% over the past month and about 27% this year, making the metal one of the strongest-performing major assets in 2020.
The price of silver, seen as a store of value by investors as well as having widespread industrial uses, rose even more sharply than gold Monday. Futures for September delivery, the most widely owned contracts, jumped 7.2% to $24.501 an ounce, the highest level in almost seven years.
Adding impetus to gold and silver Monday was a weakening in the dollar, which made the precious metals more attractive to investors overseas. The ICE U.S. Dollar Index, which tracks the dollar against the currencies of six trading partners, fell Monday, extending a recent slide that has it on track for its worst month in nearly a decade.
Golds traditional inverse relationship with the dollar had frayed this year, as both assets benefited from haven buying during the pandemic.
It is now reasserting itself, a factor that will boost gold in the coming months if the dollar continues to slide, said Joni Teves, precious-metal strategist at UBS Group.Investors who were previously uninterested in the precious metal are now buying it, a trend that could lift prices above $2,000 an ounce within six months, s
Gold prices have leapt in London, the main hub for buying and selling gold bars, as well as in New York‘s futures market. In Friday's auction, prices topped $1,900 for the first time since the Bank of England and N.M. Rothschild & Sons Ltd., now investment bank Rothschild & Co., founded the daily price in 1919.
One factor that distinguishes the current surge in gold prices from the bull run during and after the last global financial crisis is the fragile state of demand for physical metal. Lockdowns and economic uncertainty have crimped jewelry purchases in India and China, normally two huge bullion markets.
So far, a burst of buying by investors has more than offset the dearth of jewelry demand. But if financial demand dries up, prices could fall without physical consumption to act as a cushion for prices.
Investors who wouldnt normally be active in the market until European and U.S. hours bought gold in thin Asian trading Monday, exaggerating the rise, and London sessions this morning is still reeling from the effects.
The government is retiring the current benchmark 10-year debt just two months after it was issued, compared to about 12 months for earlier offerings, to make way for a new issuance. The present bond hasnt even had a chance to become fully liquid before being shelved.To get more news about OlympusFx, you can visit wikifx news official website.
Blame the phenomenon on the governments super-sized funding plan. The authorities plan to sell a record 12 trillion rupees ($160 billion) of bonds this fiscal year to finance a yawning fiscal deficit triggered by a months-long lockdown on the economy.
"Earlier the new bond used to be issued only once in a year, now given the huge size of borrowings we can expect the 10-year benchmark will be issued every quarter," said Naveen Singh, head of fixed-income trading at ICICI Securities Primary Dealership Ltd. in Mumbai. "That will make it lose its vanity value."
In the past, the Reserve Bank of India has tended to bring a new 10-year note to the market after raising about 1 trillion rupees from the tenor within a year. But this time, its issuing a new bond after having raised the amount in less than three months.
The upshot is that the 10-year bond may lose some of its premium as the government cycles through frequent issuances. Since the beginning of May, the bulk of borrowings has been in this segment due to its popularity with investors given that it tends to be very liquid.
The spread between the new and old paper may narrow to 7-8 basis points from about 20 basis points as the 10-year notes lose their appeal, Singh said.
The yield on 10-year bonds fell one basis point to 5.84% Wednesday. It rose to 5.88% on Tuesday, the highest for the benchmark since July 1, after the central bank said itll sell new 10-year debt.
The Bank of Thailand‘s plan to sever the link between gold trading and the baht may be a way to limit the currency's gains without incurring the wrath of the U.S. over foreign-exchange manipulation.To get more news about OlympusFx, you can visit wikifx news official website.
The Thai central bank says it‘s in talks with market participants about converting local gold trading to U.S. dollars, including futures, to reduce the baht's strength. Policy makers have long complained the appreciating currency threatens to damage the countrys exports.
The baht fell at the start of the Covid-19 outbreak but has since gathered strength amid the gold fervor. The surge in the precious metal has convinced many Thais to cut their holdings, forcing local shops to sell in the international market. The step of exchanging dollars into baht as part of the process has been one of the factors helping the Thai currency gain about 5% from its March low.
The baht has been the best-performing Asian currency over the past four years, appreciating about 10% against the dollar over the period. The currencys real effective exchange rates was at 111.4 at the end of June versus a 10-year moving average of 103.7, indicating it is overvalued, according to a gauge from the Bank for International Settlements.
The market for wholesale gold trading in baht is about $50 billion a year, or about 5% to 7% the size of of Thailands foreign-exchange market, according to figures from SCB Securities Co.
Read more: Bank of Thailand Closely Watching Impact of Gold Trading on Baht
UBS Group AG and ING Groep NV have both warned that Thailand is at risk of being added to the U.S. watchlist for currency manipulation for meeting the criteria set out by the Treasury Department. For its part, the Thai central bank has repeatedly said it doesnt influence the currency to gain an unfair competitive advantage.
"If the BOT went about with the traditional managed float, it would place it on the radar of the U.S. Treasury as a potential manipulator," said Kobsidthi Silpachai, head of capital market research at Kasikornbank Pcl in Bangkok. "But to do nothing would equate to the continuation of the loss in the bahts competitiveness."
Whether the gold-trading proposals are approved "depends on the willingness of the next BOT governor to experiment with non-conventional monetary measures," Kobsidthi said. Thailand is in the process of selecting a new central bank chief for the term starting Oct. 1.Thailand‘s Gold Traders Association is studying details of the conversion plan and will see how it can comply, said Jitti Tangsithpakdi, president of the trade group. Thailand is the world's ninth-largest gold exporter, despite not being a major producer, according to Kasikornbank.
The rule change "should help reduce baht volatility," said Somprawin Manprasert, chief economist at Bank of Ayudhya Pcl in Bangkok. "But the baht will continue to appreciate in the long term even if our real sector is in pain," he said, citing the countrys ample international reserves and current-account surplus.
The baht will strengthen to 30.75 per dollar this year and reach 30 at the end of 2021, Somprawin said. The currency was at 31.462 on Wednesday, according to data compiled by Bloomberg.
Wall Street stocks ended on a bleak note with the Dow Jones, S&P 500 and Nasdaq indices closing 0.77, 0.65 and 1.27 percent lower, respectively. Technology stocks and the famous FAANG group - Facebook, Apple, Amazon, Netflix and Google - were all in the red. On the other hand, lockdown-sensitive stocks - particularly airlines - found a tailwind.To get more news about WikiFX, you can visit wikifx news official website.
Foreign exchange markets reflected a risk-off tilt with the anti-risk Japanese Yen and Swiss Franc as the sessions winners at the expensive of the Australian and New Zealand Dollars and Swedish Krona. The source of risk aversion may have come in part from concern about timely implementation of another US fiscal stimulus package as Democrats and Republicans wrangle over how the funds ought to be distributed.
The Federal Reserve announced that it will be extending its emergency lending programs through December 31. Despite the underlying message of economic uncertainty that this policy extension implies, markets did not appear to significantly react to the news. This announcement came just under 24 hours ahead of the FOMC rate decision and assessment of economic activity.
The Australian Dollar is thrust into the spotlight today ahead of the release of local CPI data. Analysts estimate a 0.4 percent contraction, far below the prior 2.2 percent increase on a year-on-year basis. A better-than-expected print may extend the Australian Dollars gains, particularly against the hammered, haven-linked US Dollar.
AUD - so far, at least - has managed to remain relatively immune to concern over escalating US-China geopolitical tensions. In addition to playing a game of diplomatic tit-for-tat by closing consulates in each respective country, Washington has taken a more aggressive approach to Beijings activities in the South China Sea. For now, this regional risk remains a background theme, but should things escalate, AUD may fall.
AUD/USD Analysis
AUD/USD may extend its gains, though the pair may encounter some friction at an early-2019 resistance range between 0.7181 and 0.7206. Failure to extend beyond the lower bound could cast a shadow over AUD/USDs short-term trajectory and cause it to retreat to a recently-cleared ceiling at 0.7018. Conversely, breaking above immediate resistance may inspire additional buyers to enter long positions.
Crop giant Argentina has reported its first cases of the coronavirus at port terminals that ship soybean products to the world in a fresh blow to the global commodities trade already disrupted by the pandemic.To get more news about WikiFX, you can visit wikifx news official website.
China‘s Cofco International and U.S. agribusiness firm Bunge Ltd. were both forced to idle port terminals and soybean crush plants north of Rosario on the Parana River, Argentina's hub for shipments of soy meal for livestock feed and soy oil for cooking and biofuel. Local shipper Vicentin SAIC also had its operations disrupted after employees tested positive.
The confirmation of cases in Argentinas key export industry is a kick in the teeth for President Alberto Fernandez, who put in place a strict lockdown in March and has only just started to soften it in the Buenos Aires metropolitan area even as the virus curve refuses to flatten.
"We are expecting that at some point we‘ll start to get cases," said Ernesto Torres, a spokesman for an oilseed-crush union that represents 7,000 workers at plants and ports outside the northern-Rosario hub, where there haven't yet been infections. "Its inevitable."
Cofco has halted work at an oilseed crushing plant and port facility after 12 workers tested positive for Covid-19. Bunge stopped operations on Saturday at a similar facility nearby after one employee tested positive. A Vicentin bottling plant in the vicinity is also temporarily out-of-action after reporting a case.
Argentina is the top exporter of soybean products. For now, traders aren‘t too concerned about disruptions as the number of cases is small, Argentine farmers aren't selling and Covid-19 has hurt demand for products like soybean oil, widely used by restaurants. That could change if the shutdowns are prolonged.
"If the Covid-19 thing doesnt cut into demand to offset it, then the products will be tighter worldwide," said Bevan Everett, a risk management consultant and grains market analyst at brokerage StoneX.
Cofco‘s Timbues plant could be shut for a week and the company is redirecting cargoes to its Puerto General San Martin terminal and facilities run by other companies, according to a company spokesman. Cofco doesn't expect big delays in delivering to buyers.
After stopping operations at its Puerto General San Martin facility, Bunge is also sending trucks to its other terminals, a spokeswoman said. Vicentin will shut one shift at its Renopack bottling plant for 10 days, but hopes to have the other shift up and running by Wednesday, according to a spokesman.
"Employees who had close contact with the infected person were isolated and tested and the results were negative," Bunge said in an emailed statement, adding that the company has "strictly followed all health and safety protocols determined by authorities."
Argentina will seek a new program with the International Monetary Fund whatever the outcome of talks with holders of its $65 billion of defaulted overseas bonds, Economy minister Martin Guzman said.To get more news about WikiFX, you can visit wikifx news official website.
Guzman also reiterated that the country has reached its upper limit in what its prepared to offer creditors, though said the government would consider improving the legal terms of the offer.
"After the debt restructuring process with the private creditors, we expect to request a new IMF program that replaces the previous one that didnt work," Guzman told Bloomberg Television in an interview Tuesday. "This is going to happen regardless of what happens with private creditors."
South Americas second-largest economy, which is at a crucial point in its bond restructuring process, also has on hold a $56 billion stand-by IMF agreement negotiated by the previous administration. The government is working on plans to boost tax revenue and curb the fiscal deficit, though this will take longer than the country and the IMF originally projected due to the pandemic, Guzman said.
WATCH: Argentinas Economy Minister Martin Guzman says the country is fully committed to fiscal consolidation as a group of creditors seeks to extract better terms from the government in its $65 billion debt restructuring
Fiscal consolidation has to occur to a pace that allows the economy to recover, and to sustain that recovery," he said.
Argentina faces an Aug. 4 deadline with its proposal to restructure its overseas debt after falling in default this year for the ninth time in the countrys history.
"We significantly improved the offer, and we reached a point that is the maximum effort Argentina can make without compromising the social course we are trying to achieve," Guzman said, echoing comments made recently by President Alberto Fernandez. "We have made a massive effort."
Read More: Argentina Post-Virus Recovery Unclear Amid Unbalanced Policies
The country still doesn‘t have the support of the three main creditor groups, which say they represent holders of more than 50% of Argentina's overseas debt after joining forces with other funds this week. The latest creditor proposal demands a net present value about 3 cents per dollar above current government offer of about 53 cents, according to a Goldman Sachs Group Inc. report.
The groups originally included funds such as BlackRock Inc., AllianceBernstein and Monarch Alternative Capital LP, and now includes BlueBay Asset Management LLP, Fidelity Management & Research Co. and Amundi Asset Management, among thirty firms that have joined forces.
Abu Dhabi National Oil Co. is exploring the possibility of selling a stake in its real estate portfolio, the latest effort by the state-owned energy producer to raise funds and attract foreign investors.To get more news about WikiFX, you can visit wikifx news official website.
Initial estimates value the properties at about $5 billion, according to people familiar with the matter, who asked not to be identified because talks are private. The plan is in its inception stage and could still change, they said.
Adnoc declined to comment.
A potential deal could be structured along the same lines as the energy firm‘s sale of a $10.1 billion stake in its natural-gas pipelines last month, the people said. In that transaction, Adnoc sold a 49% holding in a new subsidiary housing the assets to a group of investors including Global Infrastructure Partners, Brookfield Asset Management Inc., Ontario Teachers' Pension Plan and Singapores sovereign wealth fund.
Read more: Abu Dhabi Sells $10 Billion Stake in Pipelines to Consortium
Adnoc‘s portfolio includes the 65-floor skyscraper in the United Arab Emirates' capital that houses the companys headquarters, as well as other properties throughout the city, and homes for employees at drilling sites.
A sale of the assets will help bring cash into Abu Dhabi as the city grapples with this years 32% drop in oil prices and the economic fallout of lockdowns to curb the spread of the coronavirus.
The emirate has raised billions of dollars over the past three years as the oil giant embarked on a financial restructuring thats seen it sell stakes in its pipeline infrastructure and refining and fuel-distribution businesses. It has also added new international partners and sold holdings in its energy assets to investors including Blackrock Inc. and KKR & Co.
The U.K. government is looking at extending a program that provides financial support to first-time buyers of new-build homes after the pandemic left purchases on hold.To get more news about WikiFX, you can visit wikifx news official website.
Ministers are considering prolonging the Help to Buy plan beyond the end of this year, though no details have been confirmed, said a person familiar with the matter, who asked not to be named because it isnt public.
The current plan, which offers interest-free loans to buyers with small deposits, closes to newcomers at the end of December and is due to be replaced by a more constrained version in April.
"The government continues to work closely with all parts of the housing industry to understand the challenges and opportunities they face," the housing ministry said in an emailed statement.
U.K. housebuilder shares rose on Tuesday morning in London after the Financial Times reported the proposed extension. The program has in recent years provided a boon to the companies, which have achieved record margins by selling homes built on cheap land to buyers benefiting from the loans.
An extension would allow some deals delayed by the coronavirus lockdown to get through before the support policy ends. Most builders shut down construction temporarily as they sought to develop safe working practices, pushing completion dates for new properties further out.
The U.K. housing market was effectively frozen in March as the government banned home viewings to slow the Covid-19 outbreak. While viewings have since resumed, the market is set to lose 27 billion pounds ($34.8 billion) of sales this year, according to property portal Zoopla Ltd.
Gold prices hit a record high on Monday, as a weakening dollar injected new momentum into a rally driven by uncertainty about the world economy.To get more news about OlympusFx, you can visit wikifx news official website.
Investors are rushing to Gold more than other precious metals as a result in the rising concerns of a second wave of the dreaded pandemic, COVID-19
Futures contracts for delivering gold in August shot up as much as 2.2% to $1,940.10 a troy ounce, topping the previous intraday peak of $1,923.70 from September 2011.They ended the day up 1.8% at $1,931, a second consecutive closing record.
Gold hit an all time closing high for the first time in nearly nine years Friday, but remained short of the intraday record.
Monday‘s record marked a milestone in gold's bull run, which many traders rank alongside those of 2008-11 and the late 1970s. The gloomy outlook for the world economy, a decline in interest rates, rising tensions between the U.S. and China, and the dollars depreciation have fueled the surge as investors have bought assets they perceive to be havens.
"There are still a lot of things to be worried about, which is why gold is attracting all this attention and all this money,"
Youre seeing money slipping out of the stock market or out of other assets and just eking into gold.
The advance marked gold‘s seventh consecutive daily advance, the metal's longest winning streak since February.
Gold prices have gained nearly 9% over the past month and about 27% this year, making the metal one of the strongest-performing major assets in 2020.
The price of silver, seen as a store of value by investors as well as having widespread industrial uses, rose even more sharply than gold Monday. Futures for September delivery, the most widely owned contracts, jumped 7.2% to $24.501 an ounce, the highest level in almost seven years.
Adding impetus to gold and silver Monday was a weakening in the dollar, which made the precious metals more attractive to investors overseas. The ICE U.S. Dollar Index, which tracks the dollar against the currencies of six trading partners, fell Monday, extending a recent slide that has it on track for its worst month in nearly a decade.
Golds traditional inverse relationship with the dollar had frayed this year, as both assets benefited from haven buying during the pandemic.
It is now reasserting itself, a factor that will boost gold in the coming months if the dollar continues to slide, said Joni Teves, precious-metal strategist at UBS Group.Investors who were previously uninterested in the precious metal are now buying it, a trend that could lift prices above $2,000 an ounce within six months, s
Gold prices have leapt in London, the main hub for buying and selling gold bars, as well as in New York‘s futures market. In Friday's auction, prices topped $1,900 for the first time since the Bank of England and N.M. Rothschild & Sons Ltd., now investment bank Rothschild & Co., founded the daily price in 1919.
One factor that distinguishes the current surge in gold prices from the bull run during and after the last global financial crisis is the fragile state of demand for physical metal. Lockdowns and economic uncertainty have crimped jewelry purchases in India and China, normally two huge bullion markets.
So far, a burst of buying by investors has more than offset the dearth of jewelry demand. But if financial demand dries up, prices could fall without physical consumption to act as a cushion for prices.
Investors who wouldnt normally be active in the market until European and U.S. hours bought gold in thin Asian trading Monday, exaggerating the rise, and London sessions this morning is still reeling from the effects.
Shares of Chinese search engine Baidu (NASDAQ:BIDU) rose 12.5% in June, according to data from S&P Global Market Intelligence. Shares got a one-two punch of good news around the middle of the month, as Baidu received an analyst upgrade on China's economic reopening. That was followed by reports that another large company might be willing to buy out Baidu's controlling stake in video streaming company iQiyi (NASDAQ:IQ).To get more Baidu news, you can visit shine news official website.
In mid-June, Mizuho analyst James Lee reiterated a "buy" rating on Baidu shares, giving the company a $175 price target, well above the $123 share price today -- even after June's surge. Lee believes China's reopening will bring back advertising revenue growth to Baidu's platform. Lee's research indicates internal improvements at Baidu has allowed it to gain market share over the past year, and that a subsequent return to ad revenue growth will occur in the back half of 2020.
The good news was compounded by rumors that large rival Tencent Holdings (OTC:TCEH.Y) is circling iQiyi as a possible acquisition. Baidu currently owns a 56.2% economic stake in iQiyi but also commands 92.7% of the voting power. While it's possible Tencent could buy 100% of iQiyi, a deal might also leave Baidu with a minority stake in the combined entity, which could become much more profitable if combined with Tencent video.
Unlike several of its Chinese internet rivals, Baidu hasn't yet eclipsed its pre-pandemic highs, and it's one of the cheaper stocks in the large-cap Chinese internet space. Yet with a healthy balance sheet, a stock buyback program under way, and continued investment in new technologies such as AI and cloud services, Baidu may be especially intriguing to value investors. That's assuming Baidu can get back to ad revenue growth, and if the loss-making iQiyi division is taken off its hands.
On the evening of July 30, Suning (002024.SZ), China's leading O2O smart retailer owned by Suning Holdings Group, released its mid-year performance preview report for the first half of 2020. According to the report, Suning.com's sales volume reached RMB 194.155 billion for the period between January and June 2020, which was a year-on-year increase of 5.40%. Online sales volume grew significantly by 20.19% year-on-year and now accounts for 69.43% of the total business.To get more Suning news, you can visit shine news official website.
In H1, the domestic economy has faced significant challenges as a result of the COVID-19 pandemic. During these unprecedented times, Suning.com leveraged both its online and offline capabilities, pivoted its business strategy and focused on improving business quality and efficiency - all whilst improving its profitability. Thanks to its swift response, Suning.com achieved a marked improvement in its operating income, which increased 76.74% year-on-year to RMB 118.24 billion.
Online Sales Volume Grew Fast
The offline retail environment faced immense pressure in the wake of the pandemic and was one of the key industries affected in H1. However, the stay-at-home economy drove a surge in online sales, with data revealing that online sales in China increased by 7.3% year-on-year. Suning.com focused on ensuring seamless operation across online platforms, while also promoting sales for offline stores through digital means using community marketing, off-site sales and home delivery. As a result, Suning.com recorded a 20.19% increase in online sales year-on-year - and in Q2 alone, online sales saw the highest surge in six quarters with a year-on-year increase of 27.11%.
In addition, Suning.com accelerated the transformation of its offline outlets into retail cloud stores during the pandemic. At the end of June, Suning.com's push orders from offline stores increased by 113.80% year-on-year.
In H1, Suning.com made rapid breakthroughs in the FMCG category through its core partnership with Carrefour China. Between January and June, sales volume for general merchandise increased by 106.70% year-on-year, and this number is only expected to grow as a result of 818. Carrefour's online operation capabilities have also improved significantly in H1, and the company has seen marked growth in its door-to-door business, as well as the proportion of traffic from Suning.com's ecosystem.
Recognizing the trends in online shopping, Suning.com has actively generated consumer demand across its member base through strengthened social media marketing and partnerships with micro-video platforms. The business acquired an additional 46.83 million registered users in the first half of the year, as well as an uptick in the number of active users in June, which grew 22.37% increase year-on-year. As of June 30, Suning.com had 602 million registered members.
August 3 - China reported 43 new confirmed cases, including 36 local cases (28 cases in Xinjiang, 8 cases in Liaoning); 7 imported cases (3 cases in Jiangsu, 2 cases in Shandong, 1 case in Liaoning, 1 case in Guangdong); no new deaths; 3 new suspected cases, all of which were imported cases (all in Shanghai). 11 new asymptomatic infections (3 imported from abroad) were reported; 257 cases of asymptomatic infection are still under medical observation (102 cases imported from abroad).To get more news about new coronavirus in china, you can visit shine news official website.
August 2 - China reported 49 newly confirmed cases, including 33 local cases (30 cases in Xinjiang, 3 cases in Liaoning) and 16 imported cases (4 cases in Sichuan, 3 cases in Shandong, 3 cases in Hubei, and 2 cases in Guangdong, 2 cases in Shaanxi, 1 case in Shanghai, and 1 case in Fujian). There were no new deaths, no new suspected cases. The country recorded 20 new asymptomatic infections (9 imported from abroad) with 257 cases of asymptomatic infection still under medical observation (101 cases imported from abroad).
August 1 - China reported 45 newly confirmed cases, including 39 local cases (31 cases in Xinjiang, 8 cases in Liaoning) and 6 imported cases (4 cases in Shanghai and 2 cases in Guangdong); no new deaths; no new suspected cases. There were 23 new cases of asymptomatic infections (11 imported from abroad); 252 cases of asymptomatic infection were still under medical observation (99 cases imported from abroad).
July 31 - China reported 127 newly confirmed cases, including 123 local cases (112 cases in Xinjiang, 11 cases in Liaoning) and 4 imported cases (3 cases in Guangdong and 1 case in Tianjin). There were no new deaths and 1 new suspected case, imported from abroad (in Shanghai). The country recorded 11 new asymptomatic infections (5 imported from abroad) yesterday; 246 cases of asymptomatic infection are still under medical observation (93 cases imported from abroad).
July 30 - China reported 105 newly confirmed cases, including 102 local cases (96 cases in Urumqi, Xinjiang, 5 cases in Liaoning, and 1 case in Beijing) and 3 imported cases (1 case in Guangdong, 1 case in Yunnan, and 1 case in Shaanxi). There were no new deaths; 1 new suspected case was an imported case (in Shanghai). China reported 21 new asymptomatic infections (1 imported from abroad); 280 cases of asymptomatic infection are still under medical observation (90 cases imported from abroad).
The COVID-19 crisis has many companies facing significant operational, financial, and strategic challenges and we believe that the risk of internal fraud will reach unprecedented levels. Companies need to be extra vigilant and prepare in advance. Register for our forthcoming webinar, "Preventing Fraud Risks in the Time of Crisis" on August 11, to learn about important anti-fraud actions that companies can take to reduce their losses and mitigate fraud risks in the long run. See here for how to register.
Given how the COVID-19 outbreak continues to impact how business is conducted in China and across much of the world, China's Ministry of Human Resources and Social Security released official rules in March this year endorsing the use of electronic labor contracts. We explain five of the key steps and considerations for employers when executing their labor contracts online in China here: How to Sign an Electronic Labor Contract in China: Your-5-Step-Guide.
Caixin breaks down the numbers emerging from the latest outbreak in northeast China: The Liaoning province port city of Dalian has reported 44 cases since last week, and Beijing's first patient in 21 days (confirmed Tuesday) has been connected to an asymptomatic carrier from Dalian - the two met in Jinzhou, another Liaoning city. Caixin reports: "Cases linked to the Dalian outbreak, which is thought to have originated with a seafood importer, have been detected in cities in five provincial-level regions, including the southern province of Fujian and as far north as Jilin and Heilongjiang provinces", Zhao Lian, deputy director of Beijing's health authority, said Tuesday. Dalian has a population of 6.7 million people and prior to this outbreak had reported months of ‘near-zero daily rises'. Local municipal authorities say that more than 70% of those who have tested positive either work at the same seafood company or are related to those who do.
A seafood vendor among the first people infected by the novel coronavirus has a change of heart over what is important in life.A doctor who treated some of the first patients still puzzles over why the virus behaves the way it does.A psychologist worries about the deep, lasting emotional strains from the outbreak.To get more news about coronavirus china wuhan, you can visit shine news official website.
A survivor seeks justice for his mother's death, though he knows his lawsuit against the authorities will likely never go to trial.
These are some of the people from Wuhan, China, who lived through the start of what became a pandemic claiming almost half a million lives around the world and counting. Now Wuhan's residents are reflecting back to where it began, including the earliest reported infections, the city's 76-day lockdown, residents' efforts to help each other survive and the government's initial missteps in countering the virus.
The worst is over, say Chinese health authorities. New coronavirus cases in Wuhan have dropped to a handful each week, although they recently resurged in Beijing.
These Wuhan residents say they have not forgotten the weeks of isolation, fear and heartbreak. Here are some of their stories.He asked that just his first initial be used because of the sensitivity of discussing the epidemic in China. The authorities have detained people they suspect of criticizing or challenging their version and timeline of the coronavirus response.
The 56-year-old was a seafood vendor at the now-infamous Huanan Seafood Wholesale Market in Wuhan. Chinese authorities closed the open-air market in January after people there had become sick with the new virus.
W. began experiencing flu-like symptoms on Dec. 19. That night, he felt well enough to babysit his two young nephews, sleeping with one under each arm.He tried Chinese herbs and antibiotics on his own, but his fever persisted. On Dec. 30, when his symptoms grew worse and he had difficulty breathing, he was rushed to the Wuhan Jinyintan Hospital in an ambulance.
"The doctors told my family they should prepare for my funeral if my symptoms did not take a turn for the better," W. recalls.Eventually, after spending 14 days in the hospital, W. recovered. Since then, more than 9.6 million have been confirmed infected worldwide; 489,854 have died, as of early Friday, according to data compiled by Johns Hopkins University.
Like many Wuhan residents, W. is now trying to get back to his life. Huanan vendors are already setting up shop in new markets. (The original market remains barricaded and its contents incinerated, though the building still gave off the pungent musk of seafood when NPR visited in mid-April.)W. believes he picked up the virus from one of his employees who regularly played cards with other Huanan merchants, all of whom were later hospitalized for the virus.
"The coronavirus is like the flu, and when it is flu season, Chinese people get the flu, Americans get the flu," he opined. Yet while there are still many unknowns about COVID-19, the disease caused by the new coronavirus, doctors have found the illness has significant differences compared with influenza.
Now W.'s mind now is on the future. He hopes he can pass on the wholesale seafood business to his 30-year-old son.
He also says the virus has changed his outlook on life. "Money does not seem that important anymore. Having a healthy life is all that matters," W. says. "Before, we would go out of our way to make a buck. Now we no longer wish for much."
Zhichan powder, a traditional Chinese medicine, contains several active compounds that may be of therapeutic value in Parkinson's disease, researchers suggest.To get more news about coronavirus traditional chinese medicine, you can visit shine news official website.
Their study, "Network Pharmacology Analysis on Zhichan Powder in the Treatment of Parkinson's Disease," appeared in the journal Combinatorial Chemistry & High Throughput Screening.
Parkinson's is characterized by the death of dopamine producing-nerve cells - those responsible for releasing the neurotransmitter dopamine - in the substantia nigra, a brain region that regulates muscle movement and coordination.
In Chinese traditional medicine, Zhichan is used to treat patients with Parkinson's disease. Zhichan prescriptions are comprised of mix of herbs, including astragalus, ginseng, baishouwu, teasel, magnolia, Jurchen child, and chuanxiong.
A previous study in Parkinson's patients suggested that Zhichan powder helped to ease disease symptoms, especially gait disturbances, tremor, speech disorder, poor self-care ability, and restricted movement.
Its therapeutic effects are thought to be related to its antioxidant properties. A preclinical study conducted in a rat model of Parkinson's found that Zhichan powder was able to regulate the activity of two enzymes - monoamine oxidase B and tyrosine hydroxylase - in the substantia nigra. Treatment boosted the release of dopamine, resulting in a neuroprotective effect.
Yet, it is still unclear which bioactive molecules are behind Zhichan's observed effects.
A team of researchers at the China-Japan Union Hospital of Jilin University, analyzed data from the Traditional Chinese Medicine Systems Pharmacology database - a platform of Chinese herbal medicines that captures the relationships between medicines, targets, and diseases.
Using a computational method, they were able to screen for Zhichan active compounds that could have a therapeutic effect in Parkinson's disease.
"We identified 18 major active components in Zhichan powder through the screening method," Jiajun Chen, a study author, said in a press release.The computational approach allowed researchers to visualize clusters of chemical compounds in the Zhichan powder that seemed to have promising molecular activity.
The team believes there is a strong link between Zhichan's chemical composition and treatment targets for Parkinson's disease."[O]ur results provide a new perspective and method for revealing the mechanism of action of Traditional Chinese Medicine prescriptions," the researchers concluded.
Organised by the French Chamber of Commerce and Industry of China (CCI France China) with the support of the Consul General of France in Shanghai, the event took place July 14 at the Shanghai Fosun Foundation, the new culture and arts building set on the Bund's waterfront. Around 400 guests participated at the event, including Benoit Guidée, consul general of France in Shanghai, Christophe Lauras, president of the CCI France China, Mathieu Dumont, SKEMA China campus director and some SKEMA students and partners. To get more news about business school Shanghai, you can visit acem.sjtu.edu.cn official website.
"I am grateful to SKEMA for giving me this unique opportunity to participate in this great event. Among the many partners in the evening, SKEMA is the only academic one. It shows that SKEMA is deeply rooted in the local Sino-French community in China and highly recognised. For myself, I had the opportunity to exchange with managers from L'Oreal and BHS, and it's just great. I am very proud of being a part of SKEMA!" explained Lingxin, a SKEMA student who participated at the celebration.
The SKEMA China campus is not only one of the most important and influential French student-based campuses in the whole of Asia Pacific, but also a window to Chinese students who go to study on SKEMA's international campuses worldwide to discover the business world and new managerial trends. Working closely with the local partners, SKEMA China is committed to providing valuable opportunities for our students and alumni in China.
China and Manchester have enjoyed strong links for several decades and Alliance MBS was the first UK business school to open a dedicated executive centre in Shanghai. The Centre attracts China's most talented business people to study its growing portfolio of executive programmes.To get more news about Shanghai mba, you can visit acem.sjtu.edu.cn official website.
Fast facts
Located on Nanjing Road West, one of Shanghai's most famous streets
The Centre has longstanding research and teaching partnerships with Chinese institutions such as Shanghai Jiao Tong University, Tongji University and Renmin School of Business
In 2018, the China Centre was named a 'Distinguished Brand of Business Education' by Tencent Education
The Manchester Global MBA was voted the ‘The Most Innovative MBA' by The Best Education of China from 2016 to 2018
For the past three years, the China Centre has received the Tenent Education 'Most Valued Business School' award
The Centre has an active Corporate Social Responsibility Programme, with activities such as the Bright Eye Project and Egg Walkathon campaign
In 2017, 'Manchester Cloud (Mcloud)' was officially launched, affiliated to the China Centre and the Manchester-China Forum. Mcloud links Chinese and British government organisations and Sino-UK talents in the fields of business, culture, art, education and science.
The region has eight different alumni clubs tailored for various industries including healthcare, marketing, telecommunications and entrepreneurship
The number of people looking for employment through Nigeria‘s biggest recruiting website has jumped five-fold since the start of the Covid-19 pandemic, highlighting the struggle faced by many in Africa's largest economy.To get more news about OlympusFx, you can visit wikifx news official website.
"Typically we have about 10,000 active jobseekers a week," Hilda Kragha, Jobberman‘s chief executive officer, said in interview in Lagos, the country's financial capital. "During this pandemic, we have been having over 55,000, which means more people are looking for jobs."
Like many countries Nigeria has been hit hard economically after implementing lockdowns to contain the spread of coronavirus. Africas top oil producer was also reeling from a collapse in crude prices earlier in the year and is suffering from rampant dollar shortages. Combined they have exacerbated the strain on a wide range of businesses in a country that has long struggled to provide jobs for its young population.
The data from Jobberman, which recruits mainly white-collar employees and doesnt track those looking for non-skilled, blue-collar work, chimes with official estimates that sees unemployment in the nation of more than 200 million soaring to 34% by the end of the year from 23% in 2019.
Read more: Locked Down and Left in the Lurch, African Businesses Face Ruin
While there was a 40% drop in recruitment in March when the first two weeks after movement restrictions were imposed, applications per vacancy on the online platform has jumped by 183% this year.
With Nigeria‘s economy set to contract 5.4% this year, according to International Monetary Fund estimates, IT and telecommunication firms are topping Jobberman's hiring charts as Nigerian companies, like others worldwide, adapt to an at-home workforce. Likewise the hospitality, tourism, travel, aviation, entertainment and oil and gas industries have fallen to the bottom.
Firms are also cutting down on the number of staff they need or are putting off offers to new employees as they reassess their plans.
"We have a client who was trying to hire 2,000 people before the pandemic, as the pandemic started they reduced to 500 and now theyve only confirmed about 200 people," Kragha said. At least 10% of those already offered jobs through the platform have been put on hold by their potential employers.
Jobberman, which is a local unit of Ringier One Africa Media Group, has over 2 million registered job seekers on its platform and placed 16,000 jobseekers in roles in the past three months, according to Kragha.
Asian stocks looked set to for a muted start to trading Tuesday after their U.S. counterparts closed higher on speculation the Federal Reserve will reinforce its dovish message. Gold steadied around an all-time high, while the dollar remained under pressure.To get more news about OlympusFx, you can visit wikifx news official website.
Investors are betting setbacks in the global fight against coronavirus will push Fed Chairman Jerome Powell to signal Wednesday that rates will stay near zero for longer. Infections slowed in California, Arizona and Florida, though reported numbers are often incomplete on weekends. Health officials around the world are also trying to tackle a renewed increase in cases, with surges from China to Spain and Germany underscoring the difficulty of curbing the pandemic.
"We expect no change from the Federal Reserve," Jeffrey Halley, senior market analyst, Asia Pacific, at Oanda in Singapore, said. "That will reiterate their ultra-dovish stance."
China reported the most domestic coronavirus infections in more than four months as it battles outbreaks in its western and northeastern regions, raising fears of a serious resurgence.
Bank Indonesias unprecedented move to buy about $27 billion in bonds directly from the government may prove to be an exception rather than the norm in emerging markets.To get more news about OlympusFx, you can visit wikifx news official website.
With the world economy in crisis and Modern Monetary Theory gaining attention, governments are being pressured to spend more and turn to their central banks to print money to foot the bill. But when it comes to scooping up that debt, most central banks are doing it in the secondary market.
Sources: Institute of International Finance, using data from Bank for International Settlements, International Monetary Fund, national governments
Three weeks on, currency and bond markets appear to have given Indonesia a pass on its direct financing foray. Analysts say thats because the central bank gave a clear signal that it was a one-time program and officials spearheading the plan, like Finance Minister Sri Mulyani Indrawati, are credible.
"The Indonesia burden-sharing program is a success given it has a clear timeline and framework," said Jean-Charles Sambor, London-based head of emerging markets fixed income at BNP Paribas Asset Management. "If, however, we start to see a material increase in the size of such programs in emerging markets, it could result in considerable weakness in the currency." In many emerging nations, laws forbid the central bank from purchasing debt straight from the government, with several now buying domestic paper in the secondary market instead. Fitch Ratings Ltd. cites the following countries as having taken the latter approach: Indonesia, the Philippines, Thailand, Poland, South Africa, Croatia, Romania, Hungary, Chile, Costa Rica and Colombia.
In Argentina, which defaulted on its debt earlier this year, the central bank has transferred 1.3 trillion pesos ($18 billion) to the Treasury since the lockdown was announced on March 19. Cash in circulation has surged, dollar demand is high, and with a massive economic contraction underway, consumer prices are set to rise a staggering 53% over the next 12 months.
The Bank of Russia came under pressure to help fund a growing budget deficit after the energy exporter was hit by a double blow from the pandemic and slump in global oil demand. However, real interest rates remain positive there, so theres still room to use conventional measures.
The South African Reserve Bank is resisting calls for deficit financing, arguing it would bankrupt the central bank. And while the Reserve Bank of India hasn‘t bought bonds directly from the government, it's expanded its balance sheet amid the pandemic by allowing Indian banks to borrow at cheap rates and lend money back to the federal government.
"There has been a lot of talk of monetary financing, but much less action," said Elina Ribakova, deputy chief economist at the Washington-based Institute of International Finance.
Old Mutual Ltd. is poised to stop trading its shares on the Zimbabwe Stock Exchange, the latest step in the governments efforts to bring order to its chaotic foreign-exchange market.To get more news about OlympusFx, you can visit wikifx news official website.
The insurer agreed to move its listing to a new bourse in the country that will only deal in foreign currency, three people with direct knowledge of the matter said. The deal came after talks on Monday between representatives of Old Mutual, the Treasury, the Securities and Exchange Commission of Zimbabwe and the ZSE, the people said, asking not to be identified because negotiations were private.
The government of President Emmerson Mnangagwa has blamed a plunge in the local currency on the 175-year-old insurer‘s share price. Companies were using the so-called Old Mutual Implied Rate to determine the forward value for the Zimbabwean currency by using differences in the dollar values of the company's securities in London, Johannesburg and Harare.
By eradicating the implied rate, the nation‘s ruling party is seeking to end a multitude of exchange rates used by Zimbabweans to navigate the country's myriad economic challenges. The government last week set new regulations to compel businesses to use a single exchange rate for pricing goods and services in a bid to tame inflation of 737% in a country battling with shortages of everything from food to fuel.
Tabby Tsengiwe, the Johannesburg-based insurer‘s spokeswoman, didn't respond to a call or a text message seeking comment. Finance Minister Mthuli Ncube didnt respond to calls for comment.
Another meeting is scheduled for next week to resolve administrative issues and discuss the finer details, the people said.
A surge in Old Mutuals Zimbabwe stock -- which like other shares was being used as a hedge against inflation -- widened the gap between its South African and U.K. securities, causing the OMIR to rise to 122. The Zimbabwe dollar has weakened to 72.1470 per U.S. dollar on a foreign-currency auction system that was introduced after a currency peg of 25 was dropped last month.
Terminating Old Mutual‘s listing paves the way for dealing to resume on the Harare-based ZSE -- which was abruptly halted on June 28 -- once Zimbabwe's Financial Intelligence Unit has completed a probe into trading on the bourse. It is still unclear when the stock exchange in the resort town of Victoria Falls will begin operating.
Old Mutual, which listed on the Zimbabwe Stock Exchange in December 1999, opened its first office in the country in 1902 and offers life, property and casualty cover, asset management, property development and banking services in the country.
Belgium enforced tough restrictions on social interactions again as it battles fresh outbreaks of the coronavirus that have multiplied in the past two weeks.To get more news about OlympusFx, you can visit wikifx news official website.
Each household is allowed to have leisurely contact with no more than five other persons for the next four weeks starting Wednesday, Prime Minister Sophie Wilmes said in Brussels. That‘s a reduction from 15 per week, which was on an individual basis. The epidemic situation in the city of Antwerp, home to Europe's second-biggest port, will require "forceful" action from local authorities, according to Wilmes, who said the restrictions should help the country steer clear from a new lockdown.
"We‘re touching individual liberties. That's a tough message," Wilmes told reporters. "But the virologists tell us a lot of infection clusters are linked to parties, marriages and the like."
Belgium has been confronted with a resurgence of the epidemic since mid-July following two months of gradual reopening at a time when the average number of daily infections never dropped below 80. Antwerp, the most populous city of Belgium‘s Dutch-speaking northern region of Flanders, has been hit the hardest, with a rate of 108 weekly infections per 100,000 inhabitants. About 17% of Belgium's 581 municipalities have now crossed the threshold of 20 weekly infections per 100,000 inhabitants set by health officials to signal excessive spread.
Gabe Newell: CEO and co-founder of Valve, recipient of the BAFTA Fellowship award, billionaire, and as we have now learned a gold farmer in World of Warcraft (retired). The topic came up in a recent interview with Edge Magazine, where Newell discussed the evolution of Steam, explaining that at a certain point Valve started thinking of games "as productivity platforms" rather than just entertainment.To get more news about WoW Gold Classic, you can visit lootwowgold news official website.
"As a sort of proof-of-concept I decided to be a gold farmer in World Of Warcraft for a while." As you do. "I was making $20 an hour farming gold. I was making what was a spectacular wage for most people in most parts of the world."
Having seen an in-game economy up-close, Valve began the Steam Workshop, a hub for player-created mods and in-game items, including ones that are available for sale. As Newell explained, that paid off for some people for far more than $20 per hour.
"There's this story of the parents that called us up because they thought we were selling their kid drugs. What happened was PayPal pinged the parents and said, 'Your kid is exceeding our limits of how much money they can put into PayPal per month. They're probably selling stolen goods or drugs, because there's no other explanation.' So the parents called us up and I said: 'He makes items on the Team Fortress Workshop. He's making $500,000 a year.' That to us was an indication that this was a helpful way of thinking of games-as platforms-and it's informed all of our decisions about multiplayer games subsequently."
Newell also took the opportunity to discuss the Epic Games Store and increased competition in the digital storefront market, saying that his real issue was with the Apple Arcade and the way "people who are falling in love with Apple's model of controlling everything".
World of Warcraft's new Mythic+ dungeons are finally here, but some players are getting high-powered gear from them way too early.To get more news about WoW Classic Gold, you can visit lootwowgold news official website.
The Mythic+ system was a new feature during WoW's last expansion, Legion, and it encouraged players to try to complete the game's dungeons as fast as they possibly could. The faster they completed one dungeon, the harder the next dungeon would be and the better the rewards. At the end of each week, players would receive an extra high-level item for the hardest dungeon they managed to complete.
In Battle for Azeroth, this entire system returns, but the rewards for completing difficult Mythic+ dungeons weren't supposed to be available until next week - the first week after the Mythic+ dungeons were released.Instead, Blizzard accidentally opened the chests a little early, allowing players to get high-level items from Battle for Azeroth as a reward for the dungeons they did in the last week of Legion. This resulted in players getting gear that was well above the game's current item level cap of 355. In fact, some players have gotten items as high as 385, making them significantly more powerful than their less lucky peers.
While this may not sound like a huge deal, it presents a number of problems for the portion of the World of Warcraft community that takes competition very seriously. Some players were arbitrarily rewarded for something no one could have known about.
If everyone had been told that there would be some extra gear as a reward for the end of Legion, then it would have been alright, because everyone would have an equal chance to get it. What's worse is that the rewards themselves are random. So, not only do some players have an upper hand thanks to Blizzard's mistake, but even among the crowd that received items, some are going to be much stronger than others - because getting a weapon above the item level cap would be much better than getting say, some shoes that were high level.This error has the chance to affect all kinds of things in-game, including who can do the hardest Mythic+ dungeons, who finishes the raid first, or even which guild manages to clear the Mythic raid first next week - a highly competitive race that some guilds spend months preparing for. Because of the possible far-reaching effects of this, it's likely that Blizzard will rollback characters and take these items away, but so far, nothing has been done.
Two moths after the release of Phase 4 of WoW Classic, Blizzard recently announced Phase 5: The Opening of the Gates of Ahn'Qiraji event and AQ20 and AQ40 will be available on US servers from 29 July 2020!To get more news about WoW Classic Items, you can visit lootwowgold news official website.
The trailer dates back to the original release of Ahn'Qiraj, given that we're still waiting for something new from Blizzard for this phase. It's sure to bring back fond memories!
The Ahn'Qiraji War Effort is a event that, while active, is available to all players on the server. It will remain available as long as Gates of Ahn'Qiraj still closed, with the event leaving the game when once the gates are opened. This is a major event, with most of it taking place in Silithus. The Ahn'Qiraji War Effort can be split into 3 phases:Once these three major phases have concluded, the Gates of Ahn'Qiraj will open and both The Ruins of Ahn'Qiraj (AQ20) and The Temple of Ahn'Qiraj (AQ40) will be available to you, with the formidable C'Thun awaiting you in the latter.
The Ruins of Ahn'Qiraj, often abbreviated to AQ20, is a 20-man raid that is accessible once the Gates of Ahn'Qiraj have been opened. Originally released in Patch 1.9, The Gates of Ahn'Qiraj, AQ20 is the living core of the Silithid Empire. Crawling with all sorts of insectoid creature, this raid culminates in an encounter with the powerful Ossirian the Unscarred and rewards players with more powerful non-set gear than in Blackwing Lair.
The Temple of Ahn'Qiraj is one of the most iconic raids in WoW Classic. Originally released in Patch 1.9: The Gates of Ahn'Qiraj, the temple offers up a doable 40-man raid and provides players with better rewards than in AQ20, as well as a new set: Tier 2.5!
Asian stocks looked set to for a muted start to trading Tuesday after their U.S. counterparts closed higher on speculation the Federal Reserve will reinforce its dovish message. Gold steadied around an all-time high, while the dollar remained under pressure.To get more news about OlympusFx, you can visit wikifx news official website.
Investors are betting setbacks in the global fight against coronavirus will push Fed Chairman Jerome Powell to signal Wednesday that rates will stay near zero for longer. Infections slowed in California, Arizona and Florida, though reported numbers are often incomplete on weekends. Health officials around the world are also trying to tackle a renewed increase in cases, with surges from China to Spain and Germany underscoring the difficulty of curbing the pandemic.
"We expect no change from the Federal Reserve," Jeffrey Halley, senior market analyst, Asia Pacific, at Oanda in Singapore, said. "That will reiterate their ultra-dovish stance."
China reported the most domestic coronavirus infections in more than four months as it battles outbreaks in its western and northeastern regions, raising fears of a serious resurgence.
Bank Indonesias unprecedented move to buy about $27 billion in bonds directly from the government may prove to be an exception rather than the norm in emerging markets.To get more news about OlympusFx, you can visit wikifx news official website.
With the world economy in crisis and Modern Monetary Theory gaining attention, governments are being pressured to spend more and turn to their central banks to print money to foot the bill. But when it comes to scooping up that debt, most central banks are doing it in the secondary market.
Sources: Institute of International Finance, using data from Bank for International Settlements, International Monetary Fund, national governments
Three weeks on, currency and bond markets appear to have given Indonesia a pass on its direct financing foray. Analysts say thats because the central bank gave a clear signal that it was a one-time program and officials spearheading the plan, like Finance Minister Sri Mulyani Indrawati, are credible.
"The Indonesia burden-sharing program is a success given it has a clear timeline and framework," said Jean-Charles Sambor, London-based head of emerging markets fixed income at BNP Paribas Asset Management. "If, however, we start to see a material increase in the size of such programs in emerging markets, it could result in considerable weakness in the currency." In many emerging nations, laws forbid the central bank from purchasing debt straight from the government, with several now buying domestic paper in the secondary market instead. Fitch Ratings Ltd. cites the following countries as having taken the latter approach: Indonesia, the Philippines, Thailand, Poland, South Africa, Croatia, Romania, Hungary, Chile, Costa Rica and Colombia.
In Argentina, which defaulted on its debt earlier this year, the central bank has transferred 1.3 trillion pesos ($18 billion) to the Treasury since the lockdown was announced on March 19. Cash in circulation has surged, dollar demand is high, and with a massive economic contraction underway, consumer prices are set to rise a staggering 53% over the next 12 months.
The Bank of Russia came under pressure to help fund a growing budget deficit after the energy exporter was hit by a double blow from the pandemic and slump in global oil demand. However, real interest rates remain positive there, so theres still room to use conventional measures.
The South African Reserve Bank is resisting calls for deficit financing, arguing it would bankrupt the central bank. And while the Reserve Bank of India hasn‘t bought bonds directly from the government, it's expanded its balance sheet amid the pandemic by allowing Indian banks to borrow at cheap rates and lend money back to the federal government.
"There has been a lot of talk of monetary financing, but much less action," said Elina Ribakova, deputy chief economist at the Washington-based Institute of International Finance.
Old Mutual Ltd. is poised to stop trading its shares on the Zimbabwe Stock Exchange, the latest step in the governments efforts to bring order to its chaotic foreign-exchange market.To get more news about OlympusFx, you can visit wikifx news official website.
The insurer agreed to move its listing to a new bourse in the country that will only deal in foreign currency, three people with direct knowledge of the matter said. The deal came after talks on Monday between representatives of Old Mutual, the Treasury, the Securities and Exchange Commission of Zimbabwe and the ZSE, the people said, asking not to be identified because negotiations were private.
The government of President Emmerson Mnangagwa has blamed a plunge in the local currency on the 175-year-old insurer‘s share price. Companies were using the so-called Old Mutual Implied Rate to determine the forward value for the Zimbabwean currency by using differences in the dollar values of the company's securities in London, Johannesburg and Harare.
By eradicating the implied rate, the nation‘s ruling party is seeking to end a multitude of exchange rates used by Zimbabweans to navigate the country's myriad economic challenges. The government last week set new regulations to compel businesses to use a single exchange rate for pricing goods and services in a bid to tame inflation of 737% in a country battling with shortages of everything from food to fuel.
Tabby Tsengiwe, the Johannesburg-based insurer‘s spokeswoman, didn't respond to a call or a text message seeking comment. Finance Minister Mthuli Ncube didnt respond to calls for comment.
Another meeting is scheduled for next week to resolve administrative issues and discuss the finer details, the people said.
A surge in Old Mutuals Zimbabwe stock -- which like other shares was being used as a hedge against inflation -- widened the gap between its South African and U.K. securities, causing the OMIR to rise to 122. The Zimbabwe dollar has weakened to 72.1470 per U.S. dollar on a foreign-currency auction system that was introduced after a currency peg of 25 was dropped last month.
Terminating Old Mutual‘s listing paves the way for dealing to resume on the Harare-based ZSE -- which was abruptly halted on June 28 -- once Zimbabwe's Financial Intelligence Unit has completed a probe into trading on the bourse. It is still unclear when the stock exchange in the resort town of Victoria Falls will begin operating.
Old Mutual, which listed on the Zimbabwe Stock Exchange in December 1999, opened its first office in the country in 1902 and offers life, property and casualty cover, asset management, property development and banking services in the country.
Belgium enforced tough restrictions on social interactions again as it battles fresh outbreaks of the coronavirus that have multiplied in the past two weeks.To get more news about OlympusFx, you can visit wikifx news official website.
Each household is allowed to have leisurely contact with no more than five other persons for the next four weeks starting Wednesday, Prime Minister Sophie Wilmes said in Brussels. That‘s a reduction from 15 per week, which was on an individual basis. The epidemic situation in the city of Antwerp, home to Europe's second-biggest port, will require "forceful" action from local authorities, according to Wilmes, who said the restrictions should help the country steer clear from a new lockdown.
"We‘re touching individual liberties. That's a tough message," Wilmes told reporters. "But the virologists tell us a lot of infection clusters are linked to parties, marriages and the like."
Belgium has been confronted with a resurgence of the epidemic since mid-July following two months of gradual reopening at a time when the average number of daily infections never dropped below 80. Antwerp, the most populous city of Belgium‘s Dutch-speaking northern region of Flanders, has been hit the hardest, with a rate of 108 weekly infections per 100,000 inhabitants. About 17% of Belgium's 581 municipalities have now crossed the threshold of 20 weekly infections per 100,000 inhabitants set by health officials to signal excessive spread.
The number of people looking for employment through Nigeria‘s biggest recruiting website has jumped five-fold since the start of the Covid-19 pandemic, highlighting the struggle faced by many in Africa's largest economy.To get more news about OlympusFx, you can visit wikifx news official website.
"Typically we have about 10,000 active jobseekers a week," Hilda Kragha, Jobberman‘s chief executive officer, said in interview in Lagos, the country's financial capital. "During this pandemic, we have been having over 55,000, which means more people are looking for jobs."
Like many countries Nigeria has been hit hard economically after implementing lockdowns to contain the spread of coronavirus. Africas top oil producer was also reeling from a collapse in crude prices earlier in the year and is suffering from rampant dollar shortages. Combined they have exacerbated the strain on a wide range of businesses in a country that has long struggled to provide jobs for its young population.
The data from Jobberman, which recruits mainly white-collar employees and doesnt track those looking for non-skilled, blue-collar work, chimes with official estimates that sees unemployment in the nation of more than 200 million soaring to 34% by the end of the year from 23% in 2019.
Read more: Locked Down and Left in the Lurch, African Businesses Face Ruin
While there was a 40% drop in recruitment in March when the first two weeks after movement restrictions were imposed, applications per vacancy on the online platform has jumped by 183% this year.
With Nigeria‘s economy set to contract 5.4% this year, according to International Monetary Fund estimates, IT and telecommunication firms are topping Jobberman's hiring charts as Nigerian companies, like others worldwide, adapt to an at-home workforce. Likewise the hospitality, tourism, travel, aviation, entertainment and oil and gas industries have fallen to the bottom.
Firms are also cutting down on the number of staff they need or are putting off offers to new employees as they reassess their plans.
"We have a client who was trying to hire 2,000 people before the pandemic, as the pandemic started they reduced to 500 and now theyve only confirmed about 200 people," Kragha said. At least 10% of those already offered jobs through the platform have been put on hold by their potential employers.
Jobberman, which is a local unit of Ringier One Africa Media Group, has over 2 million registered job seekers on its platform and placed 16,000 jobseekers in roles in the past three months, according to Kragha.
Authorities in a city in the Chinese region of Inner Mongolia have quarantined a village after a resident there died of the enteric plague, one of the four forms of plague which attacks a person's digestive system. The news comes as the northern Chinese region detected a case of bubonic plague last month.To get more China breaking news, you can visit shine news official website.
A herdsman from Bayan Nur in Inner Mongolia was confirmed on July 4 to have the disease, known as the ‘Black Death‘ in the Middle Ages. Cases of plague are not uncommon in China, although outbreaks have become increasingly rare. From 2009 to 2018, China reported 26 cases and 11 deaths of the disease. This new case, however, is causing much concern among Chinese officials as the recent outbreaks of coronavirus are still not fully contained.
Baotou city has sealed off the village where the dead patient lived and quarantined the patient's close contacts, who have tested negative for the disease so far and taken preventive medicines, the health commission said in a statement on its website.
The Baotou city health commission said the patient, who died of circulatory system failure, was confirmed to have "intestinal-type plague", referring to a category diagnosed from symptoms including diarrhoea, severe abdominal pain and high fever, according to guidelines issued by the Chinese Center for Disease Control and Prevention.
Relations between the U.S. and China are rapidly worsening with the latest tit-for-tat move. This week, the Trump administration ordered China's consulate in Houston to close, and Beijing retaliated by ordering the U.S. consulate in the city of Chengdu to also close - not to mention U.S. steps to sanction Chinese officials for alleged human rights abuses and to challenge Beijing's maritime claims in the South China Sea. To help us understand all this, we are joined by NPR's China correspondent John Ruwitch.To get more China latest news, you can visit shine news official website.
For three years, President Trump has remained pretty cordial with China, and he's had a decent relationship with China's leader, Xi Jinping. He's lauded Xi. There's been a floor under the relationship, even though there was a trade war. You know, and in January, they signed a Phase 1 trade deal. But the pandemic really seems to change the calculus with regard to China. Trump blames China for the pandemic. Then we had in June China passing a national security law for Hong Kong, which was highly controversial. And since then, there have been sanctions on officials, a reversal of Hong Kong's special status, the consulate closure. There've been charges against Chinese citizens suspected of spying - just one thing after another.
RUWITCH: Yeah, analysts say Mike Pompeo, the secretary of state, is leading the charge. He's been very tough on China, and his rhetoric has been harsh from the get-go. Just to give you a sense of his latest thinking, Pompeo gave a speech on Thursday at the Nixon Presidential Library in California. And it's a symbolic place because Nixon was the president that opened U.S.-China relations in the 1970s. Here's what Pompeo had to say.We have to admit a hard truth. We must admit a hard truth that should guide us in the years and decades to come, that if we want to have a free 21st century and not the Chinese century of which Xi Jinping dreams, the old paradigm of blind engagement with China simply won't get it done.
RUWITCH: It's worth noting that it's not just Pompeo who's been banging the drum on China. His speech was the latest in a series. The national security adviser, the FBI director, the attorney general have all come out with hawkish speeches on China.
FADEL: So how has China been reacting?
RUWITCH: China's generally been matching the U.S. moves step for step. So the consulate is a good example. We closed their Houston consulate. They closed our Chengdu consulate. Or when we put sanctions on Chinese officials over human rights abuses in the far western region of Xinjiang, they sanctioned members of Congress who've traditionally spoken out against China - Ted Cruz, Marco Rubio.
One analyst I spoke to said that the Trump administration seems to be setting the tone and pace in this downward spiral in U.S. relations with China. But remember, China isn't free of blame here. China has been more outspoken, more muscular on the international stage under Xi Jinping. Beijing in the past few months has not just passed the controversial National Security Law in Hong Kong. You know, it's had clashes along the border with India. It's been upsetting its neighbors in the South China Sea and not to mention an intensification of repressive policies at home.
China is a big country, inhabited by many Chinese." Though the iconic French general and statesman Charles De Gaulle passed almost half a century ago, this reductive epithet continues to echo from the general Western population.To get more news about MBA college in China, you can visit acem.sjtu.edu.cn official website.
China is still a big country and it is, indeed, inhabited by many Chinese. But an increasing amount of international students are flocking to its shores, as well as those of the autonomous region of Hong Kong, attracted by everything from scholarships to start-ups.
Here are 10 reasons why students are foregoing more obvious choices to venture East:
1. An East-West focus
China famously opened its doors to the Western world in the late 1970s, and its MBA programs reflect that East-West cooperation.Shimin Chen, MBA program director at China Europe International Business School (CEIBS), claims, "China Depth, Global Breadth is more than a motto, it is our raison d'être."
Programs like the Beijing International MBA (BiMBA) of the National School of Development (NSD) at Peking University (PKU) give students the chance to sample both East and West as they can pursue joint programs between PKU-University College London (UCL) or PKU-Vlerick Business School (in Belgium).
Chinese culture is, at its core, welcoming, open, and innovative. Hong Kong, in particular, is a crucible of the East-West mindset, resulting in outward-looking programs replete with international students at both the Chinese University of Hong Kong (CUHK) and Hong Kong University of Science and Technology (HKUST).
2. Top tier programs
Programs at school based in China and Hong Kong occupy much of the FT's top 50 MBA rankings, with HKUST, CEIBS and CUHK (pictured below) the best-performers.International business schools such as Hult International Business School and UBC Sauder also have campuses in China, meaning that the best of the West is now also accessible in China.
3. A huge range of potential employers
Obtaining an MBA is still an exotic prospect for the overwhelming majority of young Chinese, so having such a qualification still elevates you on the mainland.
"MBAs here have great access to local and multinational firms across all industries in Asia, and the alumni network is extensive," says CEIBS MBA student Yashasvi Nahata.
Cities like Shanghai, Beijing and Hong Kong are global financial, trade and industrial centers, providing opportunities unparalleled in the region. In fact, more than 80% of graduates from HKUST Business School in Hong Kong continue to work in Asia after their degree. China is home to many multinationals and domestic giants like Huawei and Alibaba.
Students at the Cheung Kong Graduate School of Business (CKGSB) tend to follow suit: "Our 9,000-strong Executive MBA alumni network accounts for 17% of Chinese GDP", says Bo Ji, the Chinese school's Assistant Dean for Global Executive Education. "It's one of the most exclusive alumni networks in the world, in which our students can meet Chinese business leaders in every sector."
Unlike in the current World of Warcraft: BfA, Gold wasn't that easy to come by back in the vanilla version. Earning Gold for your first mount at level 40 was an accomplishment for the majority of players. When the game goes live and you decide to start your adventure, you will notice that every piece of equipment, crafting material and such is extremely expensive. That's always a thing when a new server or game is launched, as demand far exceeds the supply. You will also notice that quests give significantly less Gold compared to now, which makes it a necessity to play efficiently, and know goods spots for farming Gold and leveling.To get more news about WoW Gold Classic Cheap, you can visit lootwowgold news official website.
In this Guide, we are sharing with you the most important Tips & Tricks for WoW Classic's early stages, and a detailed list of the best money making/gold farming locations in World of Warcraft. For more general information on WoW Classic for beginners, check out this interesting and in-depth guide. You can also check a more in-depth article on the best ways to earn money in World of Warcraft Classic.
Important Note: Despite being underwritten by experience and extensive research, some of the information featured in this Guide might be somewhat subjective, and not 100% accurate. Please keep that in mind, and if you notice a piece of information that you don't agree with please let us know, and we will do our best to update and correct it.
We present you a collection of some rules, directives, hints, and general guidelines that will help you make and save additional Gold during leveling. Some of those tips and tricks are very basic, but not everybody is used to saving Gold in World of Warcraft nowadays, so we have decided to feature them as well.
The leveling part is very important because you can pick up Enchanting after you reach it. In Classic, you can disenchant EVERY uncommon item of every level, if you have the enchanting profession. Disenchanting weak BoE Uncommon Items and selling Enchanting Materials on AH will help you make some extra money out of otherwise Vendor-destined gear. The Bank Alt will also serve as your high-capacity storage for various items* that are bound to rise in value over time or might come in handy at a later date. Overall, this is a must-have, as it will improve your overall leveling and Gold-making efficiency, let you store additional items, allow you to consolidate your Gold on a single character, and provide you with a way of squeezing some extra Gold out of various Items.
*If you run out of Bag and Bank space on your Alt, fear not, as the Mailbox itself is a great place to store your Items. Just mail everything to your Alt and keep it in the Mailbox. Expired parcels will be automatically mailed back to your Main, so you will not lose any items and be able to Mail everything to your Alt again (Mailing items cost some additional Gold, but the amount is negligible when compared to the utility provided by almost unlimited storage space).
Blizzard planned to release the eighth expansion of World of Warcraft before the end of 2020, named Shadowlands, featured five major zones, Bation, Ardenweald, Maldraxxus, the Maw, as well as Revendreth, and the guide is about the new zone, from location, design, goals and more details.To get more news about Cheap WoW Items, you can visit lootwowgold news official website.
Revendreth is the home to the Venthyr Covenant, who are uniquely spooky, pulling off a gothic aesthetic in a realm full of vampires, castles and blood rituals.
The premise of the zone is mixed with Greek mythology, Gothic architecture and Blizzard concept art of tombstones in Shadowlands, combing the Covenant's leader, Sire Denathrius, and creating a dark atmosphere in the game.Compared to other zones like Maw, Revendreth is a much lighter kind of damnation, where the bad can atone and make up for their sins. The damned souls must find a very literal stone with these sins, and carry everywhere, including Kael'thas Sunstrider, who dies in the Burning Crusade.
Yes, Kael'thas Sunstrider returned to World of Warcraft, he was not understood from an anti-hero into a villain, and in Shadowlands, it is not known whether he will play a new character, at least, we still have a chance to redeem him and cast off his sin stone.
Once players choose Revendreth, they will get into a new layer of intrigue and politics, where they are required to deal with the class war brewing between the various levels of nobility in the zone.
At present, there is no confirmed date of Shadowlands release, and before that, the reveal event was also delayed due to the COVID-19, Blizzard was unwilling to announce too much content in advance, but the only thing we can confirm is that it will come in 2020.
we provide a lot of goods related to World of Warcraft, which is cheaper and more convenient that the in-game Auction House, you can place an order on the site at any time, and receive your goods within 30 minutes.
USD is experiencing its longest downtrend since 2010, while the consecutive decline recently is the second worst one since April 2011. The future trend of USD is now testing market sentiments.To get more news about WikiFX, you can visit wikifx news official website.
In terms of GBP/USD, it keeps gaining although GBP is struggling with the lack of progress on post-Brexit trade negotiations with the EU. Meanwhile, USD/JYP makes no advance in the past month, although they both enjoyed yields as safe haven currencies at the beginning.
USD is the reserve currency which used most heavily in the world. But it is facing a serious systemic problem, that is, how currency stabilization will tend to be in the future. Currently, forex traders should beware of volatility. With more cases of coronavirus confirmed globally, a wider fear may arise from the impact of the epidemic on growth and trade.
WikiFX, a third-party forex broker inquiry platform, has collected the information of 19,000+ forex brokers, 30 regulators, and helped victims recover over 300,000,000.00 USD. WikiFX App provides functions like forex brokers inquiry, calender, forex news express, calculator and other trading tools to help you get trading done with ease.
Forex brokers inquiry: in order to create a safe forex trading environment, WikiFX offers you two methods of checking the compliance of forex brokers, online checking and offline investigation report. WikiFX has an independent inspection team, conducting on-spot visit to brokers offices to identify they are trustworthy or not.
South African President Cyril Ramaphosa urged citizens to remain careful and adapt to measures necessary to limit the spread of the coronavirus pandemic as confirmed infections in the country breached 500,000.To get more news about WikiFX, you can visit wikifx news official website.
"We must maintain our vigilance until we have no more coronavirus cases in our country," Ramaphosa said in a statement published on the presidency website. "If we do not do so, there is the risk of a resurgence in those areas where the virus has now begun to stabilize."
With 503,290 confirmed Covid-19 cases and more than 8,000 fatalities, South Africa is the worst-hit country on the continent. The stabilization of a daily increase in infections in the province of Gauteng, which includes the economic hub of Johannesburg, the Western Cape and Eastern Cape suggests that prevention measures are having an effect, he said.Additional equipment and personnel are being deployed to areas experiencing an increase in infections and a team led by South Africas Biovac Institute is preparing to produce doses of a successful vaccine locally, Ramaphosa said.
South Africa imposed a lockdown that shuttered almost all economic activity for five weeks from March 27. While most businesses were allowed to resume operations from May 1 under strict conditions, the restrictions are weighing on output. The government expects the economy to contract 7.2% this year.
Bavarian Premier Markus Soeder ruled out running to succeed Angela Merkel as German chancellor, saying he wants to focus on leading the southern German state despite a surge in his popularity on the national stage.To get more news about WikiFX, you can visit wikifx news official website.
Soeders standing among voters has been burnished by what is widely perceived as an impressive performance during the coronavirus crisis, and the 53-year-old from Nuremberg is the second-most popular German politician behind Merkel. He is well ahead of other challengers to succeed her when her term ends in the fall of 2021, according to recent polls.
Soeder heads the Christian Social Union, the Bavarian sister party of Merkel‘s Christian Democratic Union. Traditionally, the CDU has fielded the conservative group's chancellor candidate, and both times a CSU member ran -- Franz Josef Strauss in 1980 and Edmund Stoiber in 2002 -- they were unsuccessful.
"There are good reasons why the CSU has never provided the chancellor," Soeder said in an interview with Bild am Sonntag newspaper. "I will help with all my strength to make sure things go well for Germany but my task is in Bavaria."
Soeder reiterated his intention of staying put in comments to broadcaster ARD later on Sunday. Asked directly whether he would rule out running, he said: "My place is in Bavaria and so that is clear."
"There was a recent poll in Bavaria in which a majority of Bavarians believed I could do a job like that in Berlin but the same majority wants me to stay in Bavaria," he added. "And for me thats really a very, very strong indication, a powerful argument. In addition, the CDU always has first rights on nominating a candidate.Possible Merkel successors from the CDU include North Rhine-Westphalia Premier Armin Laschet and former caucus leader Friedrich Merz. Social Democratic Finance Minister Olaf Scholz, who is the vice chancellor in the ruling coalition, and Greens co-leader Robert Habeck, are also in the running for the top job.
In a direct vote for chancellor, Soeder would win 41% of the vote, Habeck 20% and Scholz 14%, according to a Forsa poll for RTL/n-tv published Saturday. If Laschet were the conservative candidate, he would get only 19%, compared with 20% for Habeck and 19% for Scholz, the poll showed.
Soeder told Bild that there is no need for Merkels conservative bloc to rush to select its candidate. The CDU must first choose a new leader at a party meeting in early December after Annegret Kramp-Karrenbauer decided to step aside.
"We‘ll think about the timing of choosing the chancellor candidate after the CDU congress," Soeder said. "It doesn't have to be January, it also may not happen until March. A drawn-out election campaign with an active chancellor doesnt make much sense."
Forex trading has proven to be a steady source of income for many traders across the globe. The amazing statistics in 50+ Forex & Trading Industry Statistics & Trends show why Forex trading is gaining increasing popularity in the business world. Sadly, many traders are not getting a corresponding value for their efforts. They mistakenly chose the wrong trading platform, a costly mistake.To get more news about Gdocloud GDO, you can visit gdocloud official website.
This article provides addresses this issue, gives some practical trading tips, and intimate you with the benefits of Forex Trading.
Why Forex Trading?
If you are still skeptical about creating a source of income from Forex trading, consider some of the reasons why it will turn out to be a good investment decision:
1. High Liquidity
Liquidity is one of the hallmarks of the Forex market. No other market comes closer. This implies that the market enjoys an influx of sellers and buyers who are looking for opportunity to trade on the market.
Thus, companies, individuals, and banks make $5 trillion worth of transactions daily. With its high liquidity that ensures swift transaction completion, the market offers you the opportunity to trade in your preferred investment idea with ease and make some money for your efforts.
2. No Time Restriction
Forex trading is done around the clock because the Forex market has a global presence. Regardless of your schedule, you can participate in the market at your convenience once the market is open for transaction in any part of the world.
To leverage this, be conversant with market activity in countries that are active. That way, you are guaranteed making money at your convenience without the unwanted time restrictions associated with most businesses.Thus, if you are looking for an investment opportunity without time restriction, Forex trading is your best choice.
3. Several Investment Opportunities
With Forex trading, you have several investment opportunities to invest in. Some of the available investment options in the market for investors and traders with different investment needs are:
Commodities: Stocks are not the only available investment options in Forex trading. You can trade commodities such as agricultural goods, livestock, coffee, gold, and others too. Other commodities include beef, grain, precious metals, crude oil and its derivatives such as gasoline.
Stocks: Stocks are great investment assets for shrewd investors. As an investor, including stocks in your portfolio is a surefire way to increase your financial power. You can purchase companies' stocks and make impressive Return on Investment in the future.
Crypto assets: If you are a Cryptocurrency enthusiast, invest in digital currencies. Since the first cryptocurrency was developed a decade ago, several others have been released into the Cryptocurrency market. As a booming industry, investing in crypto assets will be a smart move. The article "Crypto Trading: What is Cryptocurrency Trading?" gives a detailed guide on trading crypto assets. The covers how it works as well as factors that move the market.
Hence, if you are not passionate about any of the above options, you can move to the next. You're not stuck with an investment idea you are not comfortable with.Forex trading platforms have a well-defined mission. They are dedicated to providing well-researched resources that include data, useful news, and content that will not only empower readers and prospective traders cum investors but will equally allow them to boost their chances of making it through Forex trading.
On a daily basis, you can update your Forex trading knowledge through the available information provided by these platforms, a necessity if you desire to be on top of your game and increase your success chances.
Last month, Canada-based Fintech Blockstation announced a relationship with the Jamaica Stock Exchange (JSE). As part of a pilot program, the Blockstation trading platform is being used by the JSE for listing, trading, clearing, and settlement of digital currencies (BTC and ETH). Security tokens are expected to follow at some point in the future. Broker-dealers have access to the platform and the country's depository is connected for clearing and settlement. It is deemed a hybrid solution providing access to digital assets in a smaller market that wants to provide exposure to its clients. Blockstation, in return, reserves a portion of the revenue generated.To get more news about Gdocloud GDO, you can visit gdocloud official website.
The digital asset exchange system itself is said to have taken more than 4 years to fully develop the "end to end" platform as a service. While Blockstation does not believe that blockchain is the correct tech for everything some services make sense such as custody, clearing and settlement, and voting, tracking and compliance - according to the company.
Blockstation is another alternative in the world of digital asset trading which is emerging quickly globally.
Today, there are effectively three options: build your own digital asset exchange (regulated or not), adapt your existing regulated exchange to accommodate crypto, or outsource to a third party. Blockstation wants to fill this latter vertical.
All regulated exchanges are reviewing blockchain technology with some actually moving forward. A good example is the Australian Stock Exchange (ASX), which is considering a blockchain transformation replacing decades-old tech "CHESS" with the new shiny distributed ledger technology (DLT). The Aussies starting reviewing DLT in 2015 so they have been at it a good long time. The Gibraltar Stock Exchange is another good example that saw blockchain as a unique differentiator for its market services and primary issuance platform. So far, Gibraltar appears to be making excellent progress in digital assets.
Many Fintech startups are seeking regulatory approval to provide compliant digital asset trading. In the US, multiple platforms are seeking "alternative trading systems'" (ATSs) approval to trade digital assets. For digital currencies, such as Bitcoin, a different license may apply. Then there are crypto exchanges in some countries which are very lightly traded.
But in the end, everything is converging on compliance and adhering to international standards. Blockstation wants to provide an expedited path for the markets that don't want to go it alone and develop it in house.
Custody is a vital aspect of crypto. Blockstation says they can provide a Custody solution along with best practices, procedures, and training in accordance with IOSCO principles. Generally, a country's Depository institution plays the main role of a custodian within a given market while in other regions the Stock Exchange takes on the Custody role jointly with other market participants.
Their additional suite of services encompasses the entire needs of a stock exchange ecosystem, claims Blockstation. This includes an AML/KYC feature to determine if deposits have come from illicit sources as well as a primary issuance, security token offering tool. Issuers, according to Blockstation, can create their Smart Contract Token, Prospectus Filing and Filter through offers from multiple (participating) broker-dealers all using their platform. Importantly, the Blockstation central hub for STOs is said to allow transparent collaboration between the securities regulators.
After the stop, in theory the whole car should be all power cut off, all the electrical equipment in the car should be turned off, this is common sense. However, there are also many new cars, in the parking to cut off the power lock car, the lights will remain on for a period of time, we also know that the "take me home" function, is now a lot of new cars standard.To get more news about car led headlights, you can visit iengniek official website.
The lights are still on after the stop It could be for these reasons.
But there are cases where we will encounter this situation, after the lights do not go out for a long time, or headlights out, but the rear lights do not turn off, even the rear lights have one side still on, what does it mean? Did the car break down?
The first is the normal lights after the lights to stay for a period of time and then turn off the companion i home function. Under normal circumstances, the light delay for the go-home feature will not exceed 5 minutes, and this feature does not depend on the light state before you turn off, but will fix a light mode.
No matter where you are in the light switch before the turn out, the Go Home feature turns off the high beam and daytime running lights by default, only the low beam. And this, depending on the model attributes, there are different definitions. For most Chinese models, the default for the Homecoming feature is to light both headlights at the same time and the tail lights off. For a few Korean cars, not only will the two headlights be lit, but the tail lights will also be lit at the same time.
European-American cars according to the model version will appear a little different, most cars also use the above lighting, but some models will default to light only the right headlights, this situation is mostly the vehicle's companion i home function still uses the European and American version of the software, and most of these two areas are in the right direction of the road in a row of single-family homes, So just light the right-hand light.
What about the cars that only turn on the taillights?
In addition to the accompanying home function, there will be a less common situation, the headlights are normally off, but the tail lights are always on, not turned off, even only one side (mostly near the side of the road) taillights come on, the rest of the car lights off. There are even a number of old-fashioned American cars, there will be tail lights with low brightness continued to light off, parking for how long on the lights.
This is not the case with bad lights, which is also normal, known as night parking lights. Night parking lights were first mandatory in some States, requiring all vehicles to turn on taillights after stopping at night to alert pedestrians or rear vehicles without streetlights.
In this case, therefore, most of the car will only light up a tail light, and is close to the side of the road lights, intended to remind the rear car parking position and the specific body edge. But this light-up strategy is basically only applicable to those with LED taillights.
For older, old-fashioned American cars with halogen light taillights, the solution is to install small, low-power bulbs directly, light them when they are parked, and only use them as parking lights. But this approach to the car battery consumption is significantly much larger than the taillight all-out models, but also greatly increased the risk of aging of the light line. Later, with the United States no longer introduced such parking lights, now the United States of America's new cars, also gradually began to eliminate this design.
Headlights are among the essentials you never really pay attention to until they start to fade or are gone for good. Once the road before you becomes unclear, you'll know that you made the wrong move of taking your headlights for granted. If you think your headlights need replacement, H7 LED car headlight bulbs could be your best option.To get more news about H7 LED headlights, you can visit iengniek official website.
Importance of Replacing Your Headlights
There is one obvious fact - burned out or dimming headlight bulbs only mean that you won't be able to see the road and at the same time, you won't be seen by other drivers as well. This is the perfect recipe of trouble and danger.
Not getting your headlights fixed may also mean an expensive ticket from the local authorities. With all the different choices available right now for improved road visibility, including H7 LED car headlight bulbs, there is simply no reason for you not to change your old headlights. Why will you tolerate uneven, inadequate, and yellow lighting when better options are accessible, right?
When is the Best Time to Swap Your Headlights?
The general rule of thumb is that if one bulb is fading or gone, it won't be long before the other does, too. That is why it is important to replace the two bulbs all at once. For most vehicles today, one bulb serves for low and high beams at the same time.However, for older models, two separate bulbs were used on the two sides. You can replace all four bulbs or both bulbs simultaneously to achieve a consistent vision field down the road. Check your owner's manual to know your vehicle's specific needs.
Types of Headlights Available in the Market
Cars come standard with a particular kind of headlight. The most common types included Xenon or HID, halogen, and LED. Majority of vehicles are equipped with halogen headlights. Below is a quick overview of their differences:
Xenon or HID - Xenon or HID or high intensity discharge headlights make use of gas instead of a heated filament. Xenon lights have lower operating temperature, last longer, and are brighter. However, you need to spend more to get them replaced with new ones as these are pricier than other headlights, not to mention that a professional installation is required.
Halogen headlights - These headlights make use of tungsten-halogen filament combined with halogen gas to produce light brighter than traditional headlights.
LED - Light Emitting Diodes or LED like H7 LED car headlight bulbs have an edge over halogen because they draw lesser power for operation. They also run cooler compared to halogen headlights and tend to last much longer. They may initially cost you more but you can expect these headlights to pay for themselves in the long run.
It is highly recommended to replace your headlights on a regular basis, particularly because the newer headlight technology, like that used in LED bulbs such as H7 LED car headlight bulbs, can shine more light both off to the sides and down the road. It will give you enough time to react to any potential hazards.
China's newly confirmed community transmitted cases of coronavirus fell into the single digits on Wednesday, while Hong Kong saw another 33 cases of infection.To get more China breaking news, you can visit shine news official website.
The National Health Commission said all nine new cases were found in the northwestern region of Xinjiang, whose capital Urumqi has been at the center of China's latest major outbreak. Another 25 cases were brought by Chinese travelers arriving from abroad.
China has largely contained the local spread of the pandemic that is believed to have originated in the central Chinese city of Wuhan late last year before spreading worldwide.The government has recorded 4,634 deaths from COVID-19 among 84,737 cases. Hong Kong, a densely populated semi-autonomous southern Chinese city, also recorded another six deaths to bring its total to 58 among 4,181 cases.
Authorities have ordered mask wearing in public settings, restrictions on indoor dining and other social distancing measures in a bid to stem its latest outbreak. Those measures appear to have been successful in bringing numbers down from the more than 100 new daily cases reported at the end of last month.
Transit systems around the world are requiring riders to wear masks and encouraging people to socially distance. Experts say the coronavirus spreads through droplets when people talk or cough, so the best prevention is a mask and staying 6 feet apart.
- Kids give their opinion on whether they should go back to school in-person or online. They join parents, teachers, public health experts and President Donald Trump, who have weighed in on the topic.The Australian state of Victoria on Wednesday reported a record 21 virus deaths and 410 new cases from an outbreak in the city of Melbourne which has prompted authorities to impose a strict lockdown.
State Premier Daniel Andrews said 16 of the deaths were linked to aged-care facilities.The number of new cases in Victoria is down from the peak, giving authorities some hope the outbreak is waning.
Meanwhile, three Melbourne vloggers were each fined more than $1,000 after posting a video to Chinese social media showing them breaching nighttime curfew rules for a McDonald's run, the Australian Broadcasting Corporation reported.
The five-minute video, since deleted, showed the international students walking through alleys, dodging police officers and dancing inside a McDonald's restaurant at 2:30 a.m. Sunday, the ABC said. Victoria police confirmed each of the students was fined 1,652 Australian dollars ($1,178).South Korea has reported 54 newly confirmed cases of COVID-19 as health authorities scramble to stem transmissions amid increased social and leisure activities.
The figures announced by South Korea' Centers for Disease Control and Prevention Wednesday brought the national caseload to 14,714 infections, including 305 deaths.
The KCDC says 35 of the new cases were local transmissions, all but three of them reported from the densely populated Seoul metropolitan area, which has been at the center of a virus resurgence since late May.
The other 19 cases were linked to international arrivals. Health authorities have said imported cases are less threatening as they mandate tests and enforce two-week quarantines on all people arriving from abroad.
China accused the United States on Friday of trying to "demonize and stigmatize" relations between the two countries, in a scathing attack on the Trump administration's designation of Chinese-funded language and culture programs in the U.S. as foreign missions of the Chinese Communist Party.To get more China latest news, you can visit shine news official website.
Foreign ministry spokesperson Zhao Lijian said branches of the Confucius Institute U.S. Center operating at U.S. schools and colleges are a "bridge and link to help people from all over the world learn Chinese, understand China, and strengthen educational and cultural exchanges and cooperation between China and other countries."Zhao said the accusations against the institutes were without basis and were motivated by "ideological prejudice and self-interest."
"The relevant U.S. approach is to demonize and stigmatize the normal operation of China-U.S. cooperation projects. We strongly deplore and oppose it," Zhao said at a daily briefing. He said China would "reserve the right to make further responses to this matter."
The designation requires the Confucius Institute U.S. Center, based in Washington, to submit reports to the U.S. government about its funding, personnel, curriculum and other activities in the United States.
"We're not kicking them out. We're just highlighting the fact that these folks do work for the Ministry of Education of the (Chinese) Communist Party," Assistant Secretary of State for East Asia and Pacific Affairs David Stilwell said in making the announcement Thursday.
About 500 kindergarten through 12th grade classrooms are affiliated with the Confucius Institute in the U.S., Stilwell said. The institute also operates on 65 U.S. campuses, less than before because some universities have closed the programs over concerns they were spreading Chinese government propaganda and interfering in academic independence over issues such as Hong Kong and Tibet.
China has cast the institutes as its own version of language and culture centers operated by the U.S., France, Germany, Britain and other nations, but controversially has sought to embed them in schools rather than having them operate independently.
The designation is the latest in a series of Trump administration decisions against China as tensions between the two nations rise over trade, technology, human rights and the coronavirus, which was first reported in Wuhan, China.
Last month, the U.S. ordered the Chinese Consulate in Houston to close, prompting China to shutter the American Consulate in the southwestern city of Chengdu in a tit-for-tat action that some have heralded as a sign of a new Cold War between the two.
The U.S. has also added Chinese state media to the list of organizations that should be considered "foreign missions" because of their ties to the Chinese government and Communist Party. The U.S. subsequently cut the number of Chinese reporters allowed in the country, to which China responded by expelling American reporters in China.
With the world's fastest-growing economy, China was the perfect destination for Scheller College Full-time and Evening MBAs participating in the 2019 International Practicum course. The International Practicum is one of the MBA Program's most popular electives, designed to facilitate a semester-long client project between international organizations and MBA student consultants. Students correspond with their clients all semester and travel to their countries over spring break for presentation meetings and cross-cultural exploration.To get more news about MBA college in China, you can visit acem.sjtu.edu.cn official website.
This March, instructor Bing Zeng (MBA 2002) took a class of Full-time and Evening MBA students around the world for a week in Beijing. Client companies included renewable energy company Lenovo, Hanergy, Gehua New Century Hotel, the High Speed Rail Lab, and KidSmile. The visit provided an immersive experience about conducting business in China, as project teams visited each other's companies and learned from each other's presentations. Despite facing the challenges of a new environment, Full-time MBA candidate Sebastien Fauchet was able to rely on his core curriculum skills as he worked on his project with Hanergy. "I utilized my diagnosis and storytelling skills from my core strategy course," he noted. "This was extremely useful in understanding not only what the true problem was, but also how a solution would look like given their culture and fit."
Beyond the formal business visits, the itinerary was full of fun excursions to provide students with a better understanding and appreciation of Chinese history and culture. Full-time MBA student Hailey Eichner's highlight was the Great Wall. "The Great Wall is such a marvel, so it was amazing to actually be able to walk it," she reflected. "People always talk about how long it is and how you can see it from space, but no one talks about how steep it is!" Other activities included an acrobatic show, a visit to the Forbidden City, the Bird's Nest stadium from the 2008 Olympics, a local market visit in Tianjin, and a dumpling making class.
In pursuit of globally-minded leadership, the Scheller MBA program requires an international elective for all students, and the international residency provides a distinct sense of cultural nuances. As noted by Full-time MBA student Michael Behrens, "We learned how to develop business relationships outside of conference rooms and over meals. We also learned the importance of accepting things with two hands. Outside of our project, we sought out locals to play basketball with and learned their rules for the game." From the conference rooms and corporate offices to the Great Wall and the Beijing basketball court, this year's International Practicum in China provided valuable business insights as well as a unique appreciation for the world's diversity.
Since the release of World of Warcraft Classic last summer, countless players trying to get online at once have overloaded the servers, and Blizzard has not solved it well causing a considerable number of players long queue when entering the game, which also proves that Classic, the similar game with the one 15 years ago has well accepted by players.To get more news about WoW Gold Classic, you can visit lootwowgold news official website.
After players complained about the long queue, Blizzard finally responded and provided a solution.
As World of Warcraft Classic is a very popular game, and countless players pour into the servers every day, but it is not perfect, there are still some tiny issues, of which the most important is the server issue.
According to a WOW Classic player, when logging into the US East PvP server, he waited for more than two hours before entering on a Friday night, and this is also very common in other servers of WOW Classic.
There are 15 US West servers and 20 US East servers in WOW Classic, which are enough to accommodate hundreds of thousands of online players, so it led to long queues while playing.
In order to relief from long queues, Blizzard is developing internal testing to ensure that players can play WOW Classic on their preferred realms without having to make an appointment and keeping disconnected at any point.
From an interview, the developer revealed that after internal testing, Blizzard will release something to relief from the queues in both the Americas and EU, this is expected to happen as soon as possible, as at the unique period, people are more willing to stay indoors and play games, so repairing the server issue seems to be urgent to be solved.
Gold is a common currency type in WOW Classic, in order not to lag behind others when upgrading, WOW Classic Gold has great use to buy a variety of WOW Classic items and complete quests quickly.
A new raid was added to World of Warcraft Classic in Phase 3 during February, Blackwing Lair, the home of Nefarian, who is the son of Deathwing and brother of Onyxia. It introduced the Blackwing Lair raid consisted of 40 men, only available for level 60 to gain gear through completing to raid Molten Core and Onyxia's Lair, the players are required to fight against the dragonkin and humanoid, including Razorgore, Vaelastrasz, Broodlord, Firemaw, Ebonroc and so on.To get more news about Buy WoW Shadowlands Gold, you can visit lootwowgold news official website.
Even for experienced players, it is not easy to complete the Blackwing Lair raid challenges in a short time, here is the guide about Blackwing Lair raid that allows you to enter the raid smoothly, defeat the bosses and get loot.
In order to enter Blackwing Lair raid, you must first go to Mount Blackrock after completing the Blackhand's Command, and find the entrance between Searing Gorge and Burning Steppes.
On the way, you will encounter many different monsters and bosses, just defeat them and you will get these Tier 2 gears as well Elementium Ore, which are the important parts of crafting Thunderfury and Blessed Blade of the Windseeker.
In fact, what you encounter is always harder than described, to complete the boss encounters challenges, it will take at least a few weeks.
As for Blackwing Lair raid loot, every boss is defeated, you could get Tier 2 gear or leggings and head slots dropping from them.
The Blackwing Technician has a chance to drop Elementium Ore, which can be used to smelt Elementium Bar, one of the rare WOW Classic items.
Beyond these Tier gear, you can also find some unique WOW Classic items in Blackwing Lair, such as Ashkandi, Greatsword of the Brotherhood, Claw of the Black Drake, Dragonbreath Hand Cannon and more.
We have previously introduced that a new location Arathi Basin will be added in World of Warcraft Classic Patch 1.13.4 released on March 10, beyond that, there are also some regular bug fixes, and the highly anticipated battleground holiday. Also, Blizzard has implemented a single battleground each week after that, and each one will be consecutive among these weeks to grant extra honor and reputation. For those who want a specific reward from the honor vendors, this just a great way to help with the honor grind as well as the rep grind.To get more news about Buy WoW Classic Items, you can visit lootwowgold news official website.
However, to be clear, World of Warcraft Classic is not World of Warcraft Battle for Azeroth, that is, the two games have completely different holiday dates and battleground options.
From Thursday night at midnight to Tuesday morning, there are four days to enjoy the holidays, when the emissaries from the Battleground will be found in several major cities to earn additional Honor and Reputation.
The first holiday will drop with Warsong Gulch on March 13, and the next holidays dates out to be April 10, May 8, June 5, to be continued...
As for the holiday of Arathi Basin, the newly added location with Patch 1.13.4 will be March 20, April 17, May 15 and June 12.
The last one is the Alterac Valley holiday taking place on April, May 1, May 29 and June 29, which is prepared for those who like to spend hours trying to down a general.
Incidentally, it can be seen from the above time list that there will be no consecutive holiday on the same battlegrounds in order to allow players to go to multiple different ones. More details will be released according to Blizzard's announcement.
This will let you play WOW Classic better through tamping down someone who keeps their character in a certain level range with the most powerful possible gear and enchantments. Surely, this is a good chance to farm honor, and enough WOW Classic Gold can definitely give an unparalleled advantage in the game.
Most LED headlight bulbs are very dangerous! Not only are they not as bright as the original bulb, they scatter light everywhere and blind other traffic. So are there LED bulbs that do work? Let's find out.To get more news about led headlight kits, you can visit iengniek official website.
First up. How good can the original halogen bulb be? For this test, we used an Audi A4 projector Headlight from the 2001 - 2005 model.Taking an H7 bulb in the dipped beam we can first show you how bright an upgrade bulb is. For this, we used the OSRAM Night Breaker Laser +130% against a boarded-up office window.
The Cut-Off
First up we have the cut-off. This is arguably one of the most important features of a dipped beam headlight and stops you blinding other traffic. Because this is a projector headlight it has a very defined cut-off. All dipped beam headlights have a cut-off but some are less sharp than others.
The Step
Then we have the step. The step is part of the cut-off and enables you to see further down your own side of the road without blinding the oncoming traffic. Because we drive on the left in the UK the cut-off is higher on the left. If this was a headlight unit from the rest of Europe or the USA the cut-off would be higher on the right.
The Hotspot
Finally we look at the hotspot. This is where the bulbs light is most concentrated and its position in relation to the cut-off is very important.The job of a dipped beam headlight is to illuminate the road as far in front of the car as possible without blinding other traffic.
Often, people think a lot of light right in front of their car is a good thing, but it's actually counter-productive. The closer the light is to you the more your eyes close up to compensate, then your distance vision is reduced. This is similar to the effect of trying to look out your window in the dark from inside your house with the lights on. It's much easier to spot that thing outside with the lights off. For this reason some cars are wired to turn their fog lights off when the high beams turn on. Therefore we want the hotspot of the bulb to be as close to the cut off as possible.To make the hotspot easier to see we'll look at the light heat map. The red portions are the brightest and the blue/purple areas are where there's little to no light.
The lumen claims are normally "calculated" based on the voltage they are running and not actually measured. But it's still not as simple as that. Lumen values are just a measure of the total light emitted, it gives no indication of where that light is going to end up in front of the car! You could have 8000 lumens from a bulb like that and none of it would end up on the road, as we'll explain.
We'll start with this, the common spotted "Cree LED Headlight". It's important to note that Cree as a brand don't make LED headlights, they make LED chips for all applications, mainly household LEDs. Don't get me wrong, Cree is one of the market leaders of LED chips, but in terms of creating an LED headlight that works, that is down to the lamp factory, not Cree.
Features:H4 led headlight bulb, COB LED chips,6000LM (3000LM per bulb) 6500k per light for safety driving at night,Instant installation in 15-20 minutes,plug and play,all-in-one compact design.Waterproof level: IP67,Beam Angle:360 degree,Material: Aviation 6063 aluminum profile,Dual high beam and low beam.Lifespan is over 30,000 hrs.To get more news about 9003 led headlights, you can visit iengniek official website.
ADVANTAGE:(1),Exquisite surface oxidation treatment.(2),Exceed the heat dissipation design.(3),Derived from European union E4 standard design.(4),Diversified installation with adjustable beam angle.(5),Improved safety,without stray light,there is no glaring light for opposite driver.
Appilication: Honda,Honda Ridgeline,Hyundai Accent GLS,kia soul,nissan versa,accord,Arctic Cat proclimb snowmobile,BMW G450X,Chevy Aveo,Civic,CRV,Gmc Savana,HD Ultra Limited,Pathfinder,Pontiac Vibe,Prius,Saab,Skidoo Etec 800 MXZ,Skidoo Expedition Xtreme,Ski-Doo Rev,Skidoo snowmobile,tacoma,Toyota 4runner,Toyota FJ Cruiser,Toyota Highlander,Toyota Supra,Toyota Yaris,truck,Yamaha v star 1300 deluxe,Yamaha Venture, Yamaha Wolverine,Yamaha FZ09.
NOTE:VW BMW Volvo Mini Cooper Benz series may have canbus issues,pay attention to buy.Amazon filter system may not be 100% accurate or up to date. If you are not sure which bulb size fit your vehicle, please contact with us.The bulbs don't include CANBUS.
WORRY-FREE WARRANTY: Includes a free 1 year warranty and lifetime support.Package Included: 2 X Led Headlight Bulb, 1 X Manuel and necessary accessories.if it has any questions after you order, please kindly contact us, we will solve it for you until you satisfy with it.
Integrally molded power inductors, Above 30000 hours long life capacitors,Large-capacity ceramic capacitors, the United States IR power MOS.
lighting at minus 45 degree is normal, The test is normal when lighting at 80 degrees for 90 consecutive days
EMC standards: According to the International Organization for Standardization to develop ISO7637-2:2004 and GB/T21437-2008 standards,it adopts superior EMC.
Anti-jamming circuit design which is no electronic interference and does not affect the original car radio and other electronic equipment.
Colombia cut interest rates for a fifth straight meeting as a return to stricter lockdown measures in the nations biggest cities threatens to prolong the worst slump in more than a century.To get more news about WikiFX, you can visit wikifx news official website.
The central banks seven-member board lowered the key rate by a quarter point to a record low of 2.25% on Friday in a unanimous decision, Governor Juan Jose Echavarria said. The decision was in line with expectations.
"In these conditions, the balance of risks of monetary policy suggests the appropriateness of giving an additional impulse to the economy," the bank said in its statement.
The economy is set to contract between 6% and 10% this year, the bank said, from a previous forecast of 2% to 7%.
Colombia is suffering its deepest downturn since records began in 1905, with the world‘s worst-performing stock market so far this year. Until recently, the nation had been relatively unscathed by the virus compared to Chile and Peru, but that's changing and the number of new infections has been among the worlds highest in recent days.
The rolling 7-day average of virus cases is currently at 8,500, according to the European Centre for Disease Prevention and Control. The country has had about 290,000 confirmed infections, still fewer than Brazil, Mexico, Chile and Peru.
Economists surveyed by the central bank forecast the bank will cut the rate one more time, taking it to 2%. Echavarria has said the board wants to avoid abrupt rate movements that might trigger destabilizing capital outflows.
USD is experiencing its longest downtrend since 2010, while the consecutive decline recently is the second worst one since April 2011. The future trend of USD is now testing market sentiments.To get more news about WikiFX, you can visit wikifx news official website.
In terms of GBP/USD, it keeps gaining although GBP is struggling with the lack of progress on post-Brexit trade negotiations with the EU. Meanwhile, USD/JYP makes no advance in the past month, although they both enjoyed yields as safe haven currencies at the beginning.
USD is the reserve currency which used most heavily in the world. But it is facing a serious systemic problem, that is, how currency stabilization will tend to be in the future. Currently, forex traders should beware of volatility. With more cases of coronavirus confirmed globally, a wider fear may arise from the impact of the epidemic on growth and trade.
All the above is provided by WikiFX, a platform world-renowned for foreign exchange information. For details, please download the WikiFX App: bit.ly/WIKIFX
Since 1987, Jasper Lo has been engaged in the financial industry (forex, futures and gold) for more than 32 years and holds forex R.O., securities and futures broker licenses. Mr Lo is an expert in trading forex, precious metals and commodity futures and an basic and technical analyst.
Over the years, Mr Lo won many individual and team sales champion awards, as well as outstanding employee awards. He was invited, as a guest mentor, to the University of Hong Kong, Guangdong Ocean University and Guangzhou Jinan University. And he was also appointed as the chief training consultant by Hantang Securities and Dongguan Securities in China.
With an increasing worse pandemic, AUS/USD keeps being strong with an irresistible force. So far, AUD has dramatically rallied by 27% to 1,500 points since the low level of 0.5506 in March. Two reasons of a strong AUS are in the following.To get more news about WikiFX, you can visit wikifx news official website.
To begin with, many countries in the world continued to cut interest rate and purchase bonds due to the aggravated pandemic in order to bolster their economy, which, to some degree, helps to fuel the global stock markets. For example, the Nasdaq 100 Index has bounced back to a high level of 10.500 from the low level of 6,772 of March 24, up by 55% to 3,728 points. Even if the situation of COVID-19 continues to worsen, global stock markets show a prolonged recovery, which leads to an outperforming AUD related closely to the markets.
In addition, the economic data in Australia becomes better simultaneously, causing AUD/USD to rise. For instance, more indicators released last week, including AIG Manufacturing Index in June, Building Permits in May, Manufacturing Purchasing Managers‘ Index, AIG Performance of Construction Index and Services Purchasing Managers' Index in June, performed significantly better than the previous. Based on the favorable factors and better economic data, traders are continuously optimistic about AUD.
In terms of the expected market trend, more focus should be put on the rate-setting meeting by the Reserve Bank of Australia(RBA) at 12:30 pm Hong Kong time tomorrow as well as the post-meeting statement. Under the current circumstance, the RBA doesnt need to deliver dovish suggestion, so AUD/USD is likely to challenge the upward resistance level of 0.7082. In a short time, it is difficult for the pair to break the major upward resistance level of 0.7206 despite an enormous increase.
Recently the global stock markets soars with irresistible force, the Chinese and US stock market in particular. And driven by new economy, the Nasdak Composite Index hit record high many times, and it closed at 10,492.50 on July 8, another record close high.To get more news about WikiFX, you can visit wikifx news official website.
This decreased the pressure on USDs liquidity from the market and weakened the safe haven function of USD, putting continuous pressure on the US dollar index. In the short term, the index is more likely to test the low level of 95.716 recorded in May. If it fails to break the level, the index may challenge the low level of 94.650 happened on March 9.
Faced with a weakening US dollar index, non US dollar currencies bounced back in varying degrees. From a perspective in Macro trend, the Swiss Franc has the best year-to-date performance, up about 3.5% again the USD, ranking the first among all currencies. And safe haven Japanese yen ranks the third, up 1.34% this year, second only
The Swiss Franc performed extremely well because of the relatively stable situation of COVID-19 and better economic data in Switzerland compared with that of other European countries. Therefore, forex traders preferred the Swiss Franc to USD as a safe haven. And market estimates that the Swiss Franc will keep maintaining an edge in the second half of this year. In the short run, USD/CHF appears to approach the low level of 0.9181 of March or the low level of 0.9071 recorded in 2015.
It is estimated that cautiously optimism pervades the future Japanese yen market, another safe haven. Recent USD/JPY basically fluctuates at the range of 108.16-106.00, being approaching the level of 106.00. And it is likely to break the level and challenge again the major support level of 104.45.
Since 1987, Jasper Lo has been engaged in the financial industry (forex, futures and gold) for more than 32 years and holds forex R.O., securities and futures broker licenses. Mr Lo is an expert in trading forex, precious metals and commodity futures and an basic and technical analyst.
Over the years, Mr Lo won many individual and team sales champion awards, as well as outstanding employee awards. He was invited, as a guest mentor, to the University of Hong Kong, Guangdong Ocean University and Guangzhou Jinan University. And he was also appointed as the chief training consultant by Hantang Securities and Dongguan Securities in China.
Expert 24 Trade is an illegal forex broker, charging an investor 500R for ISR tax, under the guise of a registered company in the United States. Also, a forex trader showed some fake transaction records to lure investors into investing and to convince them that they can get a high rate of return on Expert 24 Trade. Please note that this is a trap.To get more news about WikiFX, you can visit wikifx news official website.
What do you know about the forex scams in South Africa？ Please come and join our discussion to win mobile phone credit! Search WikiFX on Google Play or App Store, or download WikiFX App through the following link: https://activities.wikifx.com/download/index.html
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3. The prize can only be claimed by the winner and cannot be transferred to others or convert to cash if the winner forfeits the prize.
4. The winner should guarantee that all the information filled or submitted is true, correct and belongs to the winner himself/herself rather than any third party. Submission of inauthentic information will lead to disqualification of the participant or canceling of the winner's eligibility. Under such circumstances, the organizer shall not be liable for unable to notify the winner, and the participant shall bear all relevant legal responsibilities for any consequent damage to the organizer or any other third party.
5. If the participant is found, by the organizer or any other third party who report such irregularity to the organizer, to deliberately disrupt and affect others participating in the event through malicious computer program or other methods that clearly breaches the fairness of the event, or engage in any illegal practice, the organizer may immediately cancel participant's eligibility for the event. Other matters unspecified in this document should be handled in accordance with relevant regulations of the organizer, and the organizer reserves the right to make necessary supplement or amendment at any time. The organizer reserves the right to cancel, terminate, modify or suspend the event or relevant activities of the event.
Visitors in face masks streamed into Shanghai Disneyland as the theme park reopened Monday in a high-profile step toward reviving tourism that was shut down by the coronavirus pandemic.To get more latest Shanghai news, you can visit shine news official website.
The House of Mouse's experience in Shanghai, the first of its parks to reopen, foreshadows hurdles global leisure industries might face. Disney is limiting visitor numbers, requiring masks and checking for the virus's telltale fever.
China, where the pandemic began in December, was the first country to reopen factories and other businesses after declaring the disease under control in March even as infections rise and controls are tightened in some other countries.
"A Disney park is a place unlike any other - where we are transported to wondrous worlds of fantasy and adventure to create unforgettable memories that will last a lifetime," Shanghai Disney Resort president Joe Schott wrote in a Disney Parks Blog post Monday. "Today, we marked a return to those worlds, as Shanghai Disneyland reopened its gates to welcome guests and fans."He added: "For myself - and for our Shanghai Disney Resort cast members, who have taken great care to prepare the park for our guests - this is a very special moment. Making magic means even more to us today, as we reflect on the resilience of our community; our wonderful cast members who worked so diligently to preserve the park during the closure; the enthusiasm of our guests and fans; and, of course, the determination and dedication of the medical workers and first responders who helped to make this possible."
Tourism has been hit especially hard by controls imposed around the world that shut down airline and cruise ship travel, theme parks and cinemas. Disney blamed a 91% plunge in its latest quarter profit on $1.4 billion in virus-related costs.
Shanghai Disneyland and Disney's park in Hong Kong closed on Jan. 25 as China isolated cities with 60 million people to try to contain the outbreak. Tokyo Disneyland closed the following month and parks in the United States and Europe in March."We hope that today's reopening serves as a beacon of light across the globe, providing hope and inspiration to everyone," Schott told reporters.
China has allowed shops and offices to reopen but is keeping cinemas, bars, karaoke parlors and other businesses closed.
Disney guests, some wearing Mickey Mouse ears, and children in Little Mermaid, Mulan, Minnie Mouse and Snow White costumes were checked Monday for fever at the park gate and then walked down nearly empty lanes as employees waved to them. The company's signature tune, "When You Wish Upon a Star," played over loudspeakers.
Economies in Europe and the United States are still languishing as the pandemic forces cities to shut down and shoppers to stay home. But one major country is growing once again: China.To get more China economy news, you can visit shine news official website.
The world's second-largest economy expanded 3.2 percent from April through June compared to the same period last year, Chinese officials said on Thursday. It was an abrupt turnaround from the January through March quarter, when the economy shrank 6.8 percent, the first contraction that China has acknowledged in nearly half a century.
The recovery points to the authoritarian government's success in bringing the coronavirus outbreak under control with widespread testing and travel restrictions, after its early missteps delayed the response and fed public anger.
But the economic rebound also reflects the government's continued reliance on spending on the building of highways and rail lines and other infrastructure projects to juice the economy, rather than on domestic consumption.That approach raises questions about whether China's economic turnaround can be sustained, and whether it can become the engine needed to drive the global economy out of a slump.
The Shanghai and Shenzhen stock markets in China fell 4.8 percent on Thursday as investors concluded that economic growth had become too dependent on government stimulus."It's all investment," said Hong Hao, the chief strategist at Bank of Communications International. "Consumption, which is the most sustainable part of growth, is doing much less, so therefore the market sees it as a weakness in economic health."
China needs to rev up consumption at home because demand for its exports has slowed as other countries go into recession and unemployment grows globally. Factories in China are already cranking out furniture, consumer electronics and mass-market cars more quickly than consumers at home or abroad want to buy them.
"It looks like there is still a mismatch there - people are not consuming as much as previously," said Sara Hsu, a visiting scholar in economics at Fudan University in Shanghai.
To many companies outside China, the idea of conducting or commissioning market research in China can seem a daunting concept to grasp. Frequently, the perceived barriers of researching a Chinese market are seen as insurmountable and no serious consideration of the potential benefits is even made. Too often, research agencies and potential clients alike are beaten before they begin.To get more news about chinese industry and management practice, you can visit acem.sjtu.edu.cn official website.
The barriers to researching the Chinese market are substantial. In a country of this size and complexity it is difficult to even talk of ‘the Chinese market' as one coherent entity. And then there is the ‘information' issue: what are we allowed to ask, and how reliable will the information be?
Valid as these and other concerns are, the good news is that China is rapidly and inexorably evolving into a truly modern economy: for companies wishing to conduct or commission research, the opportunity in China is enormous. Here we have a huge, diverse, growing, increasingly affluent and innovative economy, which is eager to share its ideas with potential investors.
History and Development:
Prior to the mid-1980s, "market" research in China was limited to research managed by the State Statistical Bureau and conducted by government departments. The research was largely limited to statistics on expenditure and production in state-controlled industries. Indeed, there is still a highly statistical and quantitative bent to many of the agencies operating in China and to local research buyers.
In 1985 Procter & Gamble (the multinational provider of branded products ranging from snacks to washing powders) moved the sector forward by commissioning market information specific to the consumer markets in which it operated. This was the first non-governmental consumer research in China. The multinational's increasing need for market information resulted in the establishment of China's first research agency, in Guangzhou in 1988, the Guangzhou Market Research Company.
The insistence of Procter & Gamble on bespoke market information was the birth of the modern Chinese market research industry. The Guangzhou Market Research Company (no longer in existence) introduced a wide range of data collection and analysis techniques to the Chinese market. This resulted in a wave of highly competent Chinese researchers who would go on to form and direct some of the country's leading market research agencies. Today, Chinese agencies such as URC (United Research China), Acorn China and Research International (China) are all directed by former researchers from Guangzhou Market Research Company.
Today, the value of market research commissioned in China is worth (approximately) US $500 million, with some estimates putting it as high as US$700 million. These figures make China the Word's tenth largest research market, but bear in mind that in absolute terms this is still quite modest compared with developed economies. The market is however growing rapidly at around 20 per cent a year.
Estimates as to the proportion of Western market research markets accounted for by ‘business-to-business' research usually put the figure at around 10 per cent. In China, however, the proportion is estimated to lie at around 25 to 30 per cent. It is this ‘b2b' sector of the market that is expected to see most growth over the coming years, with Chinese companies increasingly open to the idea of obtaining the views of businesspeople, and Western companies ever more hungry for Chinese business opinion. This part of the market is growing by about one quarter a year.
In terms of business research, the level of work commissioned can be ranked as follows: automotive; petrochemical; IT; telecoms; pharmaceutical and medical; and financial services.
A high proportion of research projects (around three-fifths) are focused on market assessment studies, in which clients (often foreign companies) are asking for a comprehensive explanation of how markets are structured, who the key players are and what the market size is. Much of the research is about entering new markets, or indeed entering China itself.
In 2019, the Chinese tissue and dispersible paper market continued to grow, but it also faced periodical overcapacity and fierce market competition. New investment projects were centered on production expansion of leading enterprises and equipment upgrades at existing small and medium enterprises, which further improved the industrial concentration degree and overall equipment level.To get more news about china industry research, you can visit acem.sjtu.edu.cn official website.
The periodic overcapacity and severe environmental requirements exerted more operating pressure on small and medium enterprises. Relying on the sharp decline of market pulp price and their scale benefit, leading enterprises effectively increased the gross margin through effective measures such as energy conservation and consumption reduction, enhancement of new sales channels (including e-commerce) construction, optimization of product structure, and launch of new products with high added-value.
The white paper fully showed the efforts and achievements of the Chinese papermaking industry in sustainable development to the society for the first time. It is of great significance for all sectors of society to fully understand the development of the papermaking industry and eliminate some misunderstandings on the industry.
Leading enterprises continued to expand capacity, while the small and medium enterprises continued equipment upgrading. The tissue machines newly put into operation in 2019 were dominated by the new crescent or vacuum cylinder tissue machines. The leading enterprises mainly chose imported tissue machines for their new projects. But they also began to choose tissue machines provided by domestic manufactures. The small and medium enterprises continued equipment upgrading and mainly chose homemade tissue machines.
The enterprises in the Baoding tissue paper base in northern China almost eliminated all the backward tissue machines with high energy consumption and low efficiency, while upgrading equipment and putting new tissue machines into operation.
In 2019, Sichuan Yibin Paper launched two A.Celli tissue machines with a capacity of 25,000 tons per year. More than 70 sets of medium and high speed homemade tissue machines were put into operation by enterprises such as Vanov, Fengsheng, Yusen, Golden Doctor, Xuesong and Chengxin. The equipment suppliers mainly included Foshan Baotuo, Shandong Xinhe, Shaanxi Bingzhi, Shanghai Qingliang, Guizhou Hengruichen, Zhucheng Dazheng, Xian Weiya, Mianyang Mutual Success, Tianjin Tianqing, Jiangxi OK, Baoding Weituo, etc. Almost 30 sets were provided to the tissue paper manufacturers in Baoding Hebei.
Jiangyin Dingchang Paper Machinery Co., Ltd. rebuilt four new crescent tissue machines for Pengzhou R Paper. Fangyuan Zhonghe and Tralin Group signed the rebuilding contract for one wheat straw pulp tissue machine in August 2019. The new crescent tissue machine which was rebuilt from the old tissue machine was put into operation in October 2019. Tralin planned to rebuild the remaining 16 tissue machines into new crescent tissue machines.
Blizzard has announced the first official esports tournament for World of Warcraft Classic since the game's release in August 2019, a PvP event that will be held over three weekends, beginning on June 17.To get more news about WoW Gold Classic Cheap, you can visit lootwowgold news official website.
The Summer Bowl 10-v-10 tournament will take place in the Warsong Gulch capture-the-flag battleground, and players from North America and Europe will compete for a prize pool of $4,000 in each region. The games will occur on live World of Warcraft Classic servers and use the recently released War Game feature.
Teams of 10 players may sign up in their region, and all players with a level 60 character on live WoW Classic servers are eligible to compete. The European qualifier will be held on June 20-21, with the North American qualifier taking place the following weekend on June 27-28. Finals, which will be open to the top six teams in each region, are scheduled for July 4 and 5 for Europe and North America respectively.
Using the MMO's new War Game feature, teams will be able to queue up to compete against other teams in their region. Additional information about rules and eligibility for the World of Warcraft Classic Summer Bowl Warsong Gulch PvP tournament can be found on the European and North American signup pages.
Blizzard has revealed their plans to launch WoW Classic Phase 2 content and features for this week, beginning November 11.To get more news about Cheap WoW Items, you can visit lootwowgold news official website.
News of the schedule was first confirmed during BlizzCon 2019, with a brief announcement made alongside the Shadowlands reveal.Parts of Phase 2 have already gone live, such as the Dire Maul Dungeon being opened on October 15.
Other content was held back, with Blizzard deciding to delay the launch of the Azuregos and Kazzak spawns.But this week will see the final WoW Classic Phase 2 content go live, including much-requested features from fans.
Blizzard has also warned that the WoW Classic Phase 2 release is being spread across the week, meaning we won't get everything at the same time.This process starts today, November 11, with the dev team updating the Free Character Move service.
Some Realms will see restrictions put in place, while others will still permit transfers for a time.But Blizzard has warned that this feature could be removed at any time, making today the best time to sort your plans.These changes are ongoing, and this latest update will likely have gone through when reading this article.
"Free Character Moves from all realms to Sul'thraze (Brazil), and Loatheb (Mexico) will be closed at this time," a message from Blizzard reveals.
"Free Character Moves will no longer be available from Atiesh, Benediction, or Yojamba (Australia).
"We strongly suggest that any players planning to use a Free Character Move do so as soon as possible. Free Character Moves may be disabled without warning at any time."
This first part of the WoW Classic launch will be completed relatively quickly and the second should get underway on Tuesday, November 12.
This part is crucial to the whole process and means there could be some disruption to gameplay. Blizzard has confirmed that they will not be launching the World Bosses until all Realms are back to a single-layer.
This is to avoid any duplication when fighting the World Bosses, as they're supposed to be tackled as a singular threat.
WoW Classic maintenance will signal the start of the layering process, which should start at around 3pm in the UK. Disruption is expected, and players may be left queuing again for a short time.
In his new role as village administrator, Mike Wallace is looking for ways to improve Bellaire while sticking to a budget - and saving on utility bills may be one way to do that.During a recent Village Council meeting, Wallace pitched an idea that he believes could save the village potentially thousands of dollars on its electric bill each month.To get more news about led headlight kits, you can visit iengniek official website.
He said the village may want to switch to LED lights on its utility poles and in its buildings. He is looking into the matter with American Electric Power.
While he was serving on the Bellaire Local Schools Board of Education, Wallace said, the district switched its lights over to LEDs and, as a result, saved a lot of money.
"I put a call into AEP about lighting changes. ... When I was on the school board we did a lighting program through the whole school district. Inside the buildings, outside the buildings. It cut the electric bill $75,000 per year," he said.Wallace said he is hoping to talk with someone from AEP about an LED program, including what it might cost the village.
"Southpoint Electric did 26th Street and they are very bright and noticeable. There is still some more to be done," Wallace noted.
Back in 2015, the city of Martins Ferry embarked on a program to install LED lights on its poles and inside of its buildings. The city invested an initial $316,000 into the program.
In addition to saving on its monthly bill, it was estimated at that time that Martins Ferry would receive rebates of $37,000 from AEP for installing the new lights. The city also was expected to garner $10,000 to $15,000 from the sale of scrap once the old equipment was removed. City officials also anticipated the city using 50 percent to 75 percent less electricity annually because of the energy-saving bulbs.
The smallest size of all Lasfit 6 different series LED bulbs to fit over 95% vehicles without modifying the OEM dust cap. The bulbs are also designed as small as it can to fit the assembly with bulb hole off the center. LC plus series is one of the smallest LED lights on the market, with built-in driver which can perfectly fit most vehicles without installation issues.To get more news about 9003 led headlights, you can visit iengniek official website.
Features
50W/set, 5000LM/set. The LC plus series was upgraded from COB chip to 6pcs 60mil Flip chips on each side to provide more lighting effects in lower power consumption. It can be 200% brighter than your factory halogen bulb and more lighting effect in 50 wattage (per set).
Compact design, extremely small size, and easy to install. The LED driver was built into the bulbs. The smallest heat system in the market, including cooling fan and cooling aluminum parts. Only 0.98 inches in height, 1.18 inches in diameter! The LC plus series is designed to be as compact as it can. Just simply take out the halogen bulbs from the housing then put the led bulbs in and the dust cover back.
360° adjustable beam pattern. The mounting collar of the bulb can be softly adjusted to fit different headlight housing with different angles. The light pattern could be easily adjusted and looks just like a halogen one but is brighter and clearer in an LED platform. The beam pattern is set correctly by default but it's free to adjust by rotating the back of the cooling fan. There are zero dark spots and the pattern is focused to near perfection.
Not only the smallest, but also more stable! The led bulb with the all-aviation aluminum body, hydraulic fan and built-in intelligent IC and temperature control system can perfectly solve the problem of light decay and dead lamp caused by the highest temperature of LED car light to ensures it will last longer.
Need Canbus decoder/ resistor? The LC plus series LED bulbs can work well on most vehicles. But when it's changed to LEDs to cause the flickering or error code on your vehicle, you will need one pair of the decoder to cancel the error.
We will be discussing a very basic but highly useful resource in today's lesson which can provide valuable information to the trader.To get more news about WikiFX, you can visit wikifx news official website.
Essentially, there are many ways in which you can use a pair's daily trading range information to help you do better trades. Currency graph is the major source of reference for traders in order for them to know or identify the markets conditions other than the economic news. Currency graph is divided into 2 main axes:
1) X axis: fixed data/information (time)
2) Y axis: fluctuate data/information (currency price)
These two combinations will produce a wave presenting the change in currency price is equivalent to the change of time. Currency volatility are usually move in an approximately similar range according to certain seasons.
This range equivalence graph movement can help us to estimate our potential trade profits or risks based on the entry point within that range movement.
The range for each currency pair is not identical. Some of the pairs can move less than 50 pips a day while some of them can move over 150 pips in a day.
Daily Trading Range is defined as the average of graph volatility within a day starting from the market is open until it is closed.
It is measured from the lowest price to the highest within a day. The way to use DAILY TRADING RANGE is that you can use the TF Daily, click on candlestick one by one, plot it at the lowest price and project it to the highest price on the same candlestick. After that, you will find that the length of the daily candle is almost similar to the pair.
If you gathered all the currency pairs and arrange it according to the DAILY TRADING RANGE as the diagram prepared by me, you will notice that the movement distance of each currency pair is different. The diagram shown is merely for illustration as the DAILY TRADING RANGE will change according to the seasons.
For your information, the DAILY TRADING RANGE will change over time. It usually changes once a month. So, if you want to get the DAILY TRADING RANGE for today, you only need to compare the DAILY TRADING RANGE within a month or 2 months.
Here, you can compare which of the pairs are move faster and which are move slower. If you are targeting for a low-risk trading, choose a pair which its DAILY TRADING RANGE is lower. For the new traders who are just getting started to trade, it is recommended for you to trade currency pair which its DAILY TRADING RANGE is lower to minimize the risk of loss.
However, if you are targeting for a high-risk trading with a rapid and huge profit potential, you may choose a currency pair which its TRADING RANGE is higher. Logically, higher trading risk is usually will produce higher profit potential.
Why are there different trading methods in the market？ This is because the effectiveness of any trading strategy is based on the personality or characteristics of the trader, and the strategy needs to suit the trader's personal trading style. If a trader's strategy is contrary to his personality, the trader will definitely not succeed. Numerous examples have proved this, and the investment circle generally agrees on this point: the best strategy is the one that suits you, while what is considered the best by others may not necessarily be the right one for you! To follow the the rules of trading is to acknowledge and respect the individualities of traders.To get more news about WikiFX, you can visit wikifx news official website.
Different characteristics lead to different psychological states of traders during trading. These psychological states can also be regarded as a "psychological compound" composed of various psychological factors, some of which are strong, while others are weak, and they are constantly changing, rather than set in stone.
According to the characteristics of traders, we divide traders into the following 15 types:
1. Accurate traders: this type focus on the accuracy of pivot points, such as opening positions and closing positions
2. Administrative traders: they focus on the arrangement and efficiency of all trading links, including working time, planning, risk control, etc.
3. Artistic traders: they tend to associate trading with art, philosophy, natural laws, etc.
4. Adventurous traders: they are more aggressive when trading and are willing to take risks in order to obtain greater benefits
5. Detailed traders: this type pay attention to various details in the transaction and strive for perfection
6. Facilitative traders: they value personal progress, self-education and strive for personal growth
7. Interest-based traders: they treat trading as a hobby and trade just for fun
8. Independent traders: they like to sit at home and trade with their own money
9. Innovative traders: they pursue new strategies and methods, and are always exploring better profit methods
10. Planned traders: they make a complete plan before trading and execute their trading accordingly
Why are there different trading methods in the market？ This is because the effectiveness of any trading strategy is based on the personality or characteristics of the trader, and the strategy needs to suit the trader's personal trading style. If a trader's strategy is contrary to his personality, the trader will definitely not succeed. Numerous examples have proved this, and the investment circle generally agrees on this point: the best strategy is the one that suits you, while what is considered the best by others may not necessarily be the right one for you! To follow the the rules of trading is to acknowledge and respect the individualities of traders.To get more news about WikiFX, you can visit wikifx news official website.
Different characteristics lead to different psychological states of traders during trading. These psychological states can also be regarded as a "psychological compound" composed of various psychological factors, some of which are strong, while others are weak, and they are constantly changing, rather than set in stone.
According to the characteristics of traders, we divide traders into the following 15 types:
1. Accurate traders: this type focus on the accuracy of pivot points, such as opening positions and closing positions
2. Administrative traders: they focus on the arrangement and efficiency of all trading links, including working time, planning, risk control, etc.
3. Artistic traders: they tend to associate trading with art, philosophy, natural laws, etc.
4. Adventurous traders: they are more aggressive when trading and are willing to take risks in order to obtain greater benefits
5. Detailed traders: this type pay attention to various details in the transaction and strive for perfection
6. Facilitative traders: they value personal progress, self-education and strive for personal growth
7. Interest-based traders: they treat trading as a hobby and trade just for fun
8. Independent traders: they like to sit at home and trade with their own money
9. Innovative traders: they pursue new strategies and methods, and are always exploring better profit methods
10. Planned traders: they make a complete plan before trading and execute their trading accordingly
Let's look at your dim bulb first. Incandescent bulbs typically emit about the same amount of light until the moment they burn out, so renewing the bulb isn't likely to help. What's more likely is a fault in the circuit leading to the headlamp.To get more news about led headlight kits, you can visit iengniek official website.
With luck, perhaps there's a loose or corroded connection at the headlamp electrical connector. Accessing the connector will require removing the headlamp housing, which is pretty easy to do. With the hood up, after removing a pin type retainer, the radiator side air deflector can be folded back a bit, allowing access to all three headlamp housing retaining screws. The housing can then be pulled forward, allowing bulb/connector inspection or replacement. It's easiest to inspect/test the connectors by removing both high and low beam bulbs from the housing and setting the housing aside. A slight twist counter clockwise ([ turn) will disengage the bulbs.
You didn't mention if it was just the low beam that is dim, or perhaps both low and high beams. There are three wires in each headlamp connector. If it's just the low beam that's dim, the blue/green wire circuit connected to the headlamp isn't doing its job. If both high and low are affected, this should be easy; the black/grey wire leads to a possibly loose/corroded ground connection (G-101), the wire screws to the radiator core support right behind the headlamp housing.
Try also wiggling/inspecting the headlamp connector; if headlamp performance improves, a bad connection exists there. Look also for corroded or overheated terminals. Unplugging and reconnecting will clean the terminal connection slightly. If the connector terminals are in bad shape, connector replacement will be needed (wires are cut and spliced).
If it's just the low beam that's dim and the connector looks OK, the fault may lie in the body control module (the source of power for the low beams). Testing there for output voltage is likely a pro level job, this would confirm if its the BCM that's faulty or possibly an issue with the blue/green wire.
I'd tread carefully if considering aftermarket/inexpensive headlamp housings. They are notorious for poor optics/glare. Look for good reviews and a generous return policy? Upgrading to LED bulbs sounds great but can pose problems as well. The placement of the light emitted may not match the original bulb, again causing glare/alignment issues. I tried a set of these a few years back and they were exquisitely bright, so much so that I had to remove them due to antagonizing oncoming drivers.
Global spot gold price rose to 1,817.88 USD on July 8, hitting a 8-year high. Wholly speaking, gold price still hovers at a high level. According to the previous experience, it seems like the gold price hasnt peaked, and it is likely to hit a new high in the future and edges close to another major level of 1,900 USD.To get more news about WikiFX, you can visit wikifx official website.
I have traded gold for 30 years and know that there are many basic factors that can affect the trend of gold, as well as major ones including against the USD, trend of the USD, geopolitics and anti-inflation. Now the weak US dollar, geopolitical tension and easing monetary policy by global banks all contributes to further currency depreciation. Although the strong US stock decreases risk aversion, gold price will rally steadily and repeatedly due to the well support by other favorable factors.
It is remarkably that a sudden slump in global stock markets is profitable for gold price with an increasing risk aversion. Recalling the sharply drop in stock market in March, both gold and stock slumped by over US$250. As the stocks fall led to the liquidity squeeze of US dollar and further to sharp rise of US dollar index, causing the simultaneous sharp drop of both a group of non US dollar currencies and gold. Therefore, if the global markets collapse, do not easily believe that it is good for the gold price 100 percent.
Recently, according to a data released by the US, its inflation increase recorded a 8-year high, caused by the sharp recovery of oil price. If the inflation in the US becomes worse, the Fed still needs to simulate economy by maintaining lower interest rate, which is expected to support well the price of gold, as an anti-inflation hedge. In a short term, supported by the profitable factor above, the spot gold price is likely to test above the level of 1,840-1,850 USD, and then to approach the major level of 1,900 USD after giving back gains with a stable fluctuation.
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