EU to bypass Poland, Hungary if they don’t OK budget by Tuesday -senior diplomat

2/2 © Reuters. FILE PHOTO: Hungarian PM Orban and Polish PM Morawiecki meet in Budapest 2/2 BRUSSELS (Reuters) -The European Union needs a signal from Poland and Hungary on Monday or Tuesday that they will drop their veto of the EU budget and recovery fund, or the bloc will have to set it up without […]

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Forexlive Americas FX news wrap: US NFP disappoints, but don’t tell the stocks/yields

Forex news for North American trading on December 4, 2020 In most years, if a US jobs report can in worse than expectations by 215K jobs, you might expects stocks to move lower, yields to move lower. the USD to move lower.   Today, NFP came in at 245K vs 460K estimate and stocks rallied and […]

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Thought for the day – Don’t ignore market sentiment

What’s the market mood? Sentiment analysis is simply understanding the current mood of the market.   The market, like a person, is subject to different moods. Correctly reading the market’s mood is crucial in making profit. Now, if you misread a person’s mood you may end up accidentally feeling the effect of a person’s bad […]

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Don’t let the corona-crisis go to waste, ECB tells Italy

© Reuters. FILE PHOTO: European Central Bank President Lagarde addresses the European Parliament in Strasbourg FRANKFURT (Reuters) – Italy must not let the economic crisis wrought by the coronavirus pandemic “go to waste” and should instead reform its stagnant economy so that it thrives after the outbreak, European Central Bank President Christine Lagarde said on […]

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