Breakout Identified in GBPJPY SELL

135.365 - 135.874 Signal ID: 73305 Time Issued: Tuesday, 15 September 2020 00:52:15 GMT Status: open Entry: 135.365 - 135.874 Limit: 134.517 Stop Loss: 136.552 The Breakout Opportunities system has just sold GBPJPY at 135.648. The system recommends entering this trade at any price between 135.365 and 135.874. The signal...

Market Quick Take – September 15, 2020

US markets rebounded off the support area that was tested late last week with a sizable gain, though that gain looks less remarkable when considering the recent expansion of trading ranges, and European stocks remain bogged down in lackluster ranges. The US dollar weakened yesterday and overnight, particularly against an...

Turkey could prove a catalyst for a broader emerging-markets crash

Macroeconomic deterioration, higher debt burden and the coronavirus pandemic make the emerging markets prone to further downgrades and a widespread selloff. Near-zero interest rates are adding risk to the table rather than making EM debt sustainable, pushing EM sovereigns into a debt trap.Moody’s has downgraded Turkey to B2 from B1...

Nvidia in $40bn acquisition of Arm; Oracle won contest for TikTok’s US business

In today's equity we discuss Nvidia's big $40bn acquisition of the computer chip design company Arm from SoftBank Group and Oracle's apparent winning bid for TikTok's US business overtaking Microsoft on the inside.Yesterday SoftBank Group announced that it is selling its chip-design company Arm which is bought in 2016 to...