Content
Oil Gets A Boost Ahead Of OPEC Summit Tomorrow
Article By:
Adam Vettese
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Friday, June 5, 2020 7:00 AM EDT
We have seen a strong European open this morning buoyed by continued resurgence from airline stocks as well as oil majors getting a boost ahead of the greatly anticipated OPEC meeting, which will take place tomorrow.
In this article: BP, DAL, IAG, UAL, FRNWF, HMSNF, ICGUF, PEGRY, SHNWF, SNIRF, DIA, SPY, WORK, AAL, ZM, TNLIF
Silver Chartbook – Think Exits Not Entries
Article By:
Florian Grummes
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Friday, June 5, 2020 6:30 AM EDT
Trading and chart software provides many features. The ones most commonly used are alerts for extremes. Session opening and closes. Highs and lows of the day (week, month, year). Volume, range and price percentage spikes and so forth.
Has The Corona Virus Helped To Erode The Hype Around Artificial Intelligence?
Article By:
AllAboutAlpha
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Friday, June 5, 2020 6:05 AM EDT
According to a recent WSJ article, many companies have just discovered that AI is not some kind of magic sauce that could be poured over any business process to transform it into a money making machine.
Euro Rose To 8-Week High Amid ECB’s Moves To Boost Stimulus
Article By:
Fullerton Markets
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Friday, June 5, 2020 5:10 AM EDT
With investors looking past all data weakness and in favor of the economy re-opening and expectations of strong 2H growth, EUR/USD rally could end. Short EUR/USD?
Asia Week Ahead: At The Mercy Of Weak Exports
Article By:
ING Economics
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Friday, June 5, 2020 5:05 AM EDT
Big data week in China and Japan next week. The numerous trade releases will be gleaned for Asia’s export resilience, which seems to have ended.
Stocks Are At An Optimal Pivot Point
Article By:
Terence Grennon
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Friday, June 5, 2020 4:34 AM EDT
Stocks have reached a pivot point technically. Without fundamental support, there is a high potential for a change in the Primary trend from bullish to bearish.
JDE Peet’s IPO: Classic Story, Classic Investment Case
EURUSD – Price Targeting 1.1400
Article By:
Frano Grgic
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Friday, June 5, 2020 2:13 AM EDT
Yesterday the EUR/USD price pulled back to a support level of 1.11871 after a small bearish Pinbar formed on the chart. That Pinbar was a sign that some buyers are leaving and taking money from the market.
Continued Unemployment Claims Rise To 21.5 Million
Article By:
Mish Shedlock
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Friday, June 5, 2020 1:00 AM EDT
The eleven-week running total of initial claims is 42.647 million. Continuing claims, at 21.487 million, paint a better picture at this point as to what is happening.
Russia: FX Sales By Central Bank May Decline Despite Guidance
Article By:
ING Economics
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Thursday, June 4, 2020 11:40 PM EDT
The Russian finance ministry is going to boost FX sales to the central bank from RUB 193 bn in May to 204 bn in June on worse-than-expected fuel revenues.
In this article: RSX
Orphaned Silver Is Finding Its Parent
Article By:
Alasdair MacLeod
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Thursday, June 4, 2020 11:00 PM EDT
This article examines the prospects for silver, which has been overlooked in favor of gold.