Forex News

Trump uses veto to uphold emergency declaration and wall funds



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Investing

Bayer CEO says his team retains backing of supervisory board: report

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FRANKFURT (Reuters) – Bayer’s management retains the backing of its supervisory board, its chief executive said, after pressure on the company increased when a second jury in the United States ruled its glyphosate-based Roundup weed killer caused cancer.

FILE PHOTO: Werner Baumann, CEO of Bayer AG poses for a picture during the annual results news conference of the German drugmaker in Leverkusen, Germany February 27, 2019. REUTERS/Wolfgang Rattay/File Photo

Bayer, which denies allegations that glyphosate or Roundup cause cancer, acquired Monsanto, the maker of Roundup, for $63 billion last year.

Its shares have fallen a third over the last 12 months burdened by thousands of lawsuits over a…

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Forex News

The roadmap to doing the “impossible” in your forex trading

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Sometimes you can do what seems to be “impossible”, but you need to know how

Saint Francis of Assisi once said:

“Start by doing what’s necessary, then do what’s possible; and suddenly you are doing the impossible”. 

 Those words speak to me for trading as well. 

Many traders think the impossible, and skip the necessary and possible in their trading. That is a fatal flaw. It is important to think, “necessary” and “possible” first.  If you do, great things – once impossible things – can start to happen in your trading.  

If you like the video, please give it…

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Crypto Markets

Win $5K of BCH Playing Cashgames From Bitcoin.com

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Bitcoin.com’s gaming portal is filled with a plethora of casino-style games that allow you to wager and win with bitcoin cash (BCH). Last week, one punter did just that, scooping $5,000 of BCH from a progressive slot. All of the games that feature on Bitcoin.com’s Cashgames portal are provably fair, with a typical return of 99% or greater. All it takes is a little BCH to participate.

Also read: The Fed’s Low Interest Rates and QE Have Created a Dependent Generation

Anonymous Player Wins 33 BCH Playing Cashgames

Bitcoin and betting…

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Company News

MIDEAST STOCKS-Saudi index retreats from near four-year high, other Gulf markets weak

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DUBAI, March 24 (Reuters) – Saudi Arabia’s stock market dropped on Sunday after ending the previous week at nearly a four-year high following its inclusion in the FTSE Russell’s emerging-market index, while most Gulf markets also fell.

Saudi’s Tadawul index will have a weighting of 2.9 percent in the FTSE Emerging All Cap Index and this year will join the MSCI emerging market benchmark.

The first tranche of the FTSE Russell index kicked in on March 18.

The Saudi index was down 0.5 percent as banks opened lower with Al Rajhi Bank dropping 0.4 percent and National Commercial Bank down 0.6 percent.

The index is still up 11.3 percent so far this year on the back of foreign fund inflows ahead of its inclusion in the emerging market indices.

Saudi International Petrochemical Co (Sipchem) slid 0.8 percent after its chief executive Ahmad al-Ohali resigned following his appointment as…

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Forex News

Fed’s Bullard says expects Q1 weakness to be transitory

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Comments from St Louis Fed president James Bullard

  • My baseline for the economy is that it remains good
  • The economic landscape supports “being cautious on rates”
  • We have muted inflation
  • “I expect that will be noise and turn out to be transitory, but you never know, so it’s good to be cautious about those readings.”
  • Inversion of yield curve was “mildly concerning” and added “I’m hopeful this is just temporary.”

The comments were in an interview with the WSJ.

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Crypto Markets

Indian Supreme Court Set to Hear Crypto Case on March 29

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The four-week window that the Indian supreme court has given the government to come up with crypto regulation is coming to an end. According to the court’s Advance List, the crypto case is listed for March 29. Meanwhile, the community is ramping up efforts to bring about positive crypto regulation and the end of the banking ban imposed by the central bank.

Also read: Indian Exchange Launches Lending Program for 5 Cryptocurrencies

Advance List Shows Hearing Date: March 29

The deadline given to the Indian government by the country’s supreme court…

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