XRP reversed off its resistance at 0.23400 where it could potentially drop further to 0.21800 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XRP approaching resistance, potential drop! | 4 Nov 2020
XRP reversed off its resistance at 0.23400 where it could potentially drop further to 0.21800 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Market Quick Take – November 4, 2020
As US Election Night results roll in, two things are very clear. The first is that the mainstream polling industry in the USA has lost all credibility as Trump has performed far better than polling averages suggested was possible. The other is that the electoral map could go down to...
Alibaba shares down 7% on suspended Ant Group IPO
Alibaba shares down 7% as Ant Group IPO has been suspended due to China revising its regulatory framework telling Ant Group that it will be subject to rules governing financial holding companies.Ant Group, formerly Alipay, was supposed to have been the world’s biggest IPO raising $35bn and estimates suggesting a...
Election Pulse: It’s not over yet
Both betting odds and markets are gyrating as the 2020 election results have begun to trickle in. The race is closer than the pollsters outlined (again) but it is still too early to call. Both betting odds and markets are gyrating as the 2020 election results have begun to trickle...
US Election Check-In Asia Morning: More Noise than Signal…
Macro Dragon = Cross-Asset Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...
Credit opportunities within the energy sector: a relative value analysis
A new wave of Covid-19 infections will inevitably deteriorate fundamentals within the energy sector further. Energy companies with a contained net debt to EBITDA will be able to weather depressed energy demand spurring from low economic activity. At the same time, state-owned companies will be better positioned to take advantage...
US Election Countdown: Zero Hour – What the US Election result won’t change
The market seems to be putting on the reflationary trade today ahead of the uncertainties of the US Election as the USD and JPY wilt, while the AUD rushes higher after brushing off the well flagged easing moves from the RBA overnight. Any strong turn-out among Democrats could support an...
US election game plan: indices and stocks to watch the next 24 hours
It is US election day and markets are getting ready. Equities are rallying today with differences clearly expressing a market that is placing Biden bets in accordance with the election predictions coming from prediction markets. In this update, we take a look at what to trade the next 24 hours.Equities...
Steen’s Chronicle: This election more up in the air than many believe
The outcome of the 2020 US Election is highly anticipated, but there is far too much that will not change after Election Day, even if we get a shock victory from Trump, a victory I still maintain is more likely than most believe, even if Biden likely to eke out...