http://twitter.com/forex_in_world/status/1267370729110155265AUD/USD: Australia’s AiG performance of manufacturing index rose in May https://t.co/KTBiWi7p8q— FOREX IN WORLD (@forex_in_world) June 1, 2020
-Pakistan to host ‘AdAsia – Asian Advertising Congress’ this year In a logo unveiling ceremony held at Faletti’s Hotel Lahore, on Sunday, it was revealed that AdAsia 2019 —Asian Advertising Congress is going to be held in Pakistan this year. AdAsia is the largest and most prestigious advertising congress in Asia, organized bi-annually by the Asian Federation of Advertising Associations (AFAA). The AdAsia 2019 Congress will be held in Lahore at the Lahore International Expo Centre from December 3 to 5. The theme for the Congress is ‘Celebrasian: Celebration of Advertising and Creativity in Asia’. -IDB to lend Pakistan oil worth $4.5 bn The spokesperson for the Ministry of Finance on Saturday claimed that the Saudi-backed Islamic Development Bank (IsDB) will lend Pakistan oil worth $4.5 billion. “The IsDB will lend Pakistan oil worth $4.5 billion over three years. The oil will be lent in three installments of $1.5 billion each every year,” the spokesperson added. The Ministry of Finance spokesperson further said that in the first phase they have received oil worth $100 million and oil worth $270 million will be lent in the second phase. “We are also in talks with the IsDB regarding lending of liquefied natural gas (LNG),” the spokesperson added. -Economic revival: PTI government relief package earns Rs 125 billion immediately The federal government’s relief package for the stock market in the ‘Mini-budget’ on January 23 has brought positive impact. KSE-100 index settled at 40,254 points with a rise of 958 points within one week. The business-friendly concessions including abolition of the advance tax of 0.02pc on share trading under Presumptive Tax Regime and super tax in the mini-budget have been welcomed by the stockbrokers and industrialists altogether. -69 women constables complete elite commando training in K-P Over 7,000 personnel of the Khyber-Pakhtunkhwa (K-P) police, including 69 women constables, have successfully completed a grueling Elite Commando Training Course. As per a statement issued by K-P police’s public relations, the police personnel completed training in 15 basic courses conducted at different training centres. Most policemen, including the women constables, voluntarily opted for the tough four-month long course. The communique also said another batch of women commandos is currently being trained and shall soon be elevated to the rank of elite commandos. -Karachi police chief makes surprise visits, suspends four police officials In a surprise move, Additional Inspector General Police Dr Amir Shaikh on Saturday visited different areas of the city, disguising himself as a common citizen to witness the performance the police force. A police spokesperson said that the Karachi police chief suspended four police officials, including two ASIs over violation of duty rules and harassing public. He said that the police officials were found harassing people instead of controlling traffic at MT Khan Road in Sultanabad. The officials were from Jackson and Sultanabad police stations, said the spokesperson and added that the police chief had directed SP Traffic city and DSP to submit report over the issue. In-charges of Jackson and Sultanabad police stations along with record keepers were also summoned by the AIG Dr Amir Shaikh, said the spokesperson. -In a historical move, Pakistan elected as Vice Chair of Asia Pacific Ministerial Forum Pakistan was elected as the vice chair at the third UN Environment’s Forum of Ministers and Environment Authorities of Asia Pacific that was held in Singapore from January 23 till January 25. The newswas revealed in a tweet by Adviser to Prime Minister on Climate Change Malik Amin Aslam. He said Pakistan got elected to the position owing to the country’s ‘sincere and dedicated’ environment preservation endeavours. -Pakistan Army achieves historic milestone on Pakistan Afghanistan border fencing Director General of Inter-Services Public Relations (ISPR) Major General Asif Ghafoor Sunday said work on about 900 kilometer fence along the Pakistan-Afghanistan border had been completed. Briefing a team of journalists and anchor-persons at Ghulam Khan, a bordering village in North Waziristan Agency,he said the work on erection of about 1200 km chunk, the most sensitive portion out of the total 2600 km long border with the neighbouring country, had commenced last year. Zero Point is the entry and exit point of Pakistan from Afghanistan where a formal border post was constructed last year Major Gen Asif Ghafoor said the project would cost about Rs 70 billion, which also included the cost of gadgets and surveillance equipment to keep strict vigil on the illicit movement from across the border. He said the fence had amply helped check the movement of terrorists from across the border and it would further assist after completion of the project which was expected to culminate next year. The visit of media-persons was conducted for the first time in the country's history as no such activity could have happened as all the area had been “no go area” for the civilians or even by the security forces themselves. -Foreign Media representatives visit North Waziristan, stunned with Pakistan Army successes against terrorism Local and foreign media representatives on Sunday visited Peshawar, Miranshah, and Ghulam Khan Border terminals along with Director General ISPR Major General Asif Ghafoor for the first time after military operations. It was the first direct interaction of the media with local people, who while standing in Miranshah Bazar, talked to reporters about improved peace situation and administrative issues in the area. They lauded Pakistan Army for its efforts in restoring peace and development. -Pakistan Cement Exports register significant rise in first half of FY 2018 - 19 The export of cement from the country witnessed increase of 32.4 percent during first half of current fiscal year as compared to same period of last year. The export of the commodity increased to $157 million in July-December (2018-19) against the export worth of $118.586 million in sameperiod of last year, a latest data released by Pakistan Bureau of Statistics (PBS) said. In term of quantity, the cement export recorded 55.52 percent increase to 3.671 million Metric Ton (MT) during the period under review as compared to export of 2.36 million MT cement during same period of previous year. On year-on-year basis, the cement export jumped by 78.02 percent to $25.89 million in December 2018 from $14.54 million of cement export during December 2017, the data revealed. The overall export of goods during first half of current fiscal year recorded an increase of 2.19 percent to $11.216 billion against the exports of $10.976 billion recorded during same period of last year. -KP Tourism. Potential stuns audience at International Tourism Fair in Europe A large number of visitors, tourists and investors thronged the stall of Tourism Corporation Khyber Pakhtunkhwa (TCKP) at the tourism trade fair at Feria de Madrid, Spain, and showed keen interest in the KP’s tourism potential. The TCKP team highlighted salient features of the cultural and tourist resorts through video documentaries, pictures, brochures and posters. The visitors were informed that 70 percent of tourist resorts were located in KP and the foreign tourists can now visit any place without any restriction and obtaining Non-Objection Certificate. The KP participation in fair encouraged the international tour operators to bring cultural and mountaineering expeditions to the province, which will highlight Pakistan as one of the best tourist destinations for international tourists. -Foundation stone laid for $200 million knowledge city in Pakistan, first ever in County's history Prime Minister Imran Khan Sunday inaugurated the first academic block of the NAMAL Knowledge City. The vision behind Namal Knowledge City is to create a hub of knowledge exchange and research in Mianwali. The Knowledge City will include academic blocks, a knowledge center, a sports complex, sports grounds, a hospital, technology parks, business centers, shopping malls, a dairy farm, a resort, software houses, hotels, a primary school, and a housing colony for the faculty. A total of US$ 200 million will be spent on the construction of the Knowledge City which will be built on the concept of a zero carbon foot print and completed by the year 2027. It will have a population of 11,000 with construction spread over 4 million square feet. It will accommodate 7,000 students with 600 faculty members. -E Rozgar Programme launched, Click for Registration The Punjab IT Board and Ministry of Youth Affairs has jointly launched a three-month free E-Rozgar Training Programe for the youth, aimed at imparting vocational training to the jobless, enabling them to earn their livelihood honourably. In this regard, the admission has started for enrollment in these technical courses and the last date for the on-line registration is the 9th of the next month. The requisites of getting admission include that the applicant should have an NCIC, his minimum age 16, maximum age 35 and should be jobless. -Pakistan China ink deal worth billions of dollars today: Report A Chinese company will invest billion of dollars in mineral exploration and processing projects in Khyber Pakhtunkhwa. A Memorandum of Understanding in this regard has been signed in China today. According to Khyber Pakhtunkhwa Minister for Mineral Development Dr. Amjad Ali, the Chinese company will setup mineral industrial park in Rashakai Special Economic Zone. -Pakistan's NESPAK completes 3,900 mega projects in Pakistan and across 37 countries of World worth Rs 19,000 billions National Engineering Services Pakistan (NESPAK) has successfully completed 3,900 development projects within Pakistan and 37 in other countries with an accumulative cost of Rs 19,000 billion since its establishment, 45 years ago. NESPAK Managing Director Dr. Tahir Masood told media here Saturday that foreign countries where NESPAK has extended engineering consultancy services were mostly located in the Middle East, Far East, Central Asia and Africa. In this way, he added, NESPAK had placed the country on the export map of the world and was committed to provide multi-disciplinary engineering consultancy services with the highest level of professionalism and dedication. -Government launches Dominted Bank bond PTI government is launching yet another economic initiative for overseas Pakistanis to attract billions of dollars for balance of payment and enhancing reserves. PTI government is launching dollar-denominated diaspora bond named Pakistan Banao Certificate (PBC) on January 31st. The diaspora bond is being launched to take advantage of international savings of overseas Pakistani’s and bolstering its foreign exchange reserves. According to details shared by the Finance Minister Asad Umar , the certificates would be of two types, one of three years offering 6.25% return and the other with five-year maturity offering 6.75% return. Mr Umar said four banks had been selected to complete the transactions. -Rupee hits seven-week high at 138.78 Pakistani currency has recovered to a seven-week high at Rs138.78 against the US dollar in inter-bank market on Friday, according to the State Bank of Pakistan, after the country successfully mitigated the risk of default following receipt of $2 billion from friendly countries. Simultaneously, the rupee revived to a four-week high at retail market to 139 against the greenback on Saturday, according to a forex website. “The $2 billion inflows from the UAE and Saudi Arabia (on Thursday and Friday) has partially eased the panic at currency markets,” said a banker on condition of anonymity. -PM Imran discusses major proposals to revive PIA As Pakistan International Airlines (PIA) struggles to rein in mounting losses, Prime Minister Imran Khan discussed major proposals presented at a high-level meeting to turn around the financially troubled national flag carrier. The prime minister chaired the meeting at the PM Office earlier this month, which was attended by top cabinet members, civil bureaucracy and military officers. The premier directed the authorities to arrange additional guarantees of Rs15 billion as interim relief for PIA. A proposal was endorsed to freeze PIA’s outstanding dues, amounting to over Rs80 billion, which were payable to the Civil Aviation Authority (CAA) along with late payment surcharge, according to minutes of the meeting available with The Express Tribune. -World Bank releases $58m for house financing The World Bank has disbursed $58 million for house financing in Pakistan and the federal cabinet has approved the transfer of the fund to Pakistan Mortgage Refinance Company (PMRC). “It ($58 million – Rs7.8 billion) is a World Bank credit line for PMRC,” PMRC Managing Director and Chief Executive Officer Mudassir Hussain Khan told The Express Tribune. “The cabinet has approved the transfer of the fund. It will take around a week to 10 days before the money reaches PMRC account.” -Talks between Pakistan, China for FTA to begin next month Federal Secretary for Trade, Younus Dagha has said that the talks between Pakistan and China for a Free Trade Agreement (FTA) will commence next month. Talking to a delegation of the Trade Development Authority’s officials in Lahore, he expressed optimism that the new trade agreement with China will help thrive national economy and would be in the best interests of both the friendly countries. “The trade deficit of Pakistan has decreased by five per cent during the incumbent government and our exports are increasing day by day.” He said the expansion of the trade volume with India depends on the decisions of the governments of both the countries. He informed that trade with Afghanistan is also improving. -Amended finance bill to reduce cost of doing business: PEW The Pakistan Economy Watch (PEW) on Sunday said the recently amended finance bill will reduce the cost of doing business which in turn, will reduce the prices of many items. The move will support businesses and help exporters regain ground in the international market as the government has reduced and abolished several taxes to lift economic activities, it said. The government will lose almost seven billion rupees in revenue but it will gain more in the shape of foreign exchange, said PEW President Dr. Murtaza Mughal. He said the recommendations will be applicable from the next fiscal term but it has already elevated business sentiments as many leading business groups are planning to boost investments. -Economic reforms help PSX gain 958 points in week The benchmark KSE-100 index accelerated by 958 points in the outgoing week and settled at 40,265 points, providing a weekly return of 2.44pc, owing to improved sentiment on account of the economic reforms package announced by the government. The Finance Supplementary (Second Amendment) Bill, 2019 was broadly focused on improving ease of doing business, incentivizing export-oriented/industrial sectors and elimination of domestic growth hampering impediments. A key demand from the stock market to abolish the advance tax of 0.02pc was accepted, while the government also allowed capital losses to be carried forward for three years, thereby impacting the investor sentiment positively. -Govt to announce medium-term economic framework in coming week: Hammad Azhar The Minister of State for Revenue Hammad Azhar on Friday said the government will announce a medium-term economic framework in the coming week. The forthcoming medium-term economic framework will bring measures that will enhance exports and investments, said Azhar while speaking at a seminar on “Economic Reforms: Way forward”, organised by the Sustainable Development Policy Institute (SDPI), reports an English daily. He shared the government is moving towards execution a direct taxation regime whilst gradually restricting indirect taxes. Mr Azhar underlined that the supplementary budget which was announced on Wednesday didn’t target fiscal and monetary measures but was an economic reforms package to resuscitate and enhance growth and investment. -Economic reforms package to help boost exports, trade and investment State Minister for Revenue Hamad Azhar on Friday said that economic reforms package announced by the PTI government will help in boosting exports, trade and investment. Talking to a private news channel, he said the economic reforms package will prove to be helpful in overcoming the trade and fiscal deficit. Mr Azhar said due to effective economic policies of the Pakistan Tehreek-e-Insaf (PTI) government, the international investors are desirous of investment in Pakistan. The government is taking many steps for the revival and betterment of the economy, he added. -Tale as old as time: Labyrinth of tunnels discovered under Lahore Fort A labyrinth of underground tunnels, as well as hidden basements, has been discovered under Lahore Fort. Immortalised in short stories, these passages have always been hidden from the naked eye. However, during excavation, the Walled City of Lahore Authority (WCLA) has discovered two underground tunnels and an arsenal which are currently under restoration. A symbol of the opulence of the Mughals, Lahore Fort has kept many a secret for hundreds of years; secrets which are now slowly being revealed. During excavation and restoration work, WCLA recently discovered a passage of underground tunnels which run underneath the fortress. This has caused tourists, hungry for information on the underground tunnels, to throng to the citadel and present their own theories on how the passages were used. -Indonesia, Pakistan ties poised for a quantum leap, says envoy Counsellor and head of cultural section Embassy of Republic of Indonesia Deny Tri Basuki has said Indonesia and Pakistan share strong socio-cultural and religious bond rooted in history. Pakistan and Indonesia stand proudly together as two of the largest Muslim populated countries and emerging economies of creative and talented people. He expressed these views on the occasion of a business gathering organised by tourism ministry of Indonesia in collaboration with the Indonesian embassy. A large number of stakeholders hailing from the travel and aviation industry of Pakistan attended the event. -Japanese aircraft take part in pre Aman-19 exercise The Pakistan Navy is hosting the 6th series of AMAN-19 – a Multinational Maritime Exercise – in February 2019 in Karachi, and two Japanese Naval P3C aircrafts of Deployed Maritime Force for Anti-Piracy Enforcement (DAPE) visited the PNS Mehran in Karachi for the pre-AMAN-19 exercise. According to a press statement issued by the navy’s Director General Public Relations (DGPR) on Saturday, the Japanese aircrew participated in various events including search and rescue (SAR) and counter piracy (CP) exercises along with the navy aircrew. The Japanese contingent also visited maritime and Pakistan Air Force (PAF) museums to learn about the historic achievements of the two forces. -‘Chinese, Russian firms keen to invest in PSM’ Adviser to Prime Minister on Commerce Abdul Razak Dawood revealed that three Chinese and three Russian firms have shown interest in investing in Pakistan Steel Mills (PSM). Addressing a ceremony held for the inauguration of International Steels Limited’s new plant, he said that the committee tasked with revival of PSM has drafted its recommendations and the Economic Coordination Committee (ECC) will make a decision by March. -China has given Pakistan additional access to its market: Dawood Prime Minister’s Adviser for Trade and Industry Abdul Razzak Dawood on Saturday said the government is working to hammer out national industrial and tariff policies, ARY News reported. Dawood while talking to industrialists in Karachi, said that China has granted Pakistan an additional access to its market. “We are working to slash unnecessary imports and increase exports”. He said unnecessary items will be removed from shelves of super markets and precious foreign exchange will not be spent on such imports. The adviser said the government has taken effective steps to facilitate business in mini budget, which will be approved in next seven day. -Pakistani Teacher Shortlisted for Cambridge’s Most Dedicated Teacher Award Cambridge University Press has shortlisted a Pakistani teacher, Ahmed Saya, for the ‘Most Dedicated Teacher’ award. Ahmed Saya, an A-level teacher from Karachi, is one of the six brilliant minds around the world to be shortlisted for the prize. The competition included entries of 3500+ teachers from over 140 countries for the prestigious award. Cambridge’s official Twitter handle said it was a tough call, but they shortlisted six teachers for this year’s Dedicated Teacher Awards. -Swiss Investor to Open A Chain of Luxury Hotels in Pakistan Swiss International Hotels & Resorts is mulling to open a chain of its luxury hotels in different cities of Khyber Pakhtunkhwa (KP). The President and CEO of Swiss International Hotels & Resorts, Henri (Hans) WR Kennedie informed this to Chief Minister KP Mahmood Khan during a meeting on Friday. During the meeting, Henri told CM Khan that they were already working on a plan to establish luxury hospitalities in various parts of the province.
PRE-MARKET MOVERS: $PIRS $FEYE $NVDA $SOXL $DGAZ $NWL $XIV $VALE $YANG $LABU $STM $SQ $AIG $RIG $QLD $FAS $TECL $CLF ROCKET BOT - FINVIZ TOP GAINERS - FINVIZ TOP LOSERS Crypto Watch List: BTC XRP ETH LTC XVG XRB GAS NEO WTC PPT SALT FUN OMG ICX ETC STEEM POE EOS SC ZCL XLM LEND VEN COIN MARKET CAP - COINDESK NEWS - RISING/FALLING Disclaimer: The opinions in this thread and forum are solely the opinions of the individual account holders and contributors. The info should not be regarded as investment advice or as a recommendation of any particular security. All investments entail risks. As with most things in life, caveat emptor.
What Ron Paul's Libertarian Push Implies for the United States Economy
So you're convinced that Ron Paul is the best man for the job? Before you put all your chips in, consider whether or not the United States economy is ready for his extremism. Austerity: This is a familiar word for many. We hear it on the news and in the radio describing the situation in Greece. But what is it, exactly? In short, austerity is like nasty medicine: you do not want it because it is a long and unpleasant experience, but you know you need because it will make you better. Austerity is tough, suck-it-up reform that nations cannot avoid when they dig deep ditches of debt. The massive overhaul of the market under Ron Paul's ideal would likely kick the U.S. into depression; and the rest of the world would follow. Decommision of the Federal Reserve System and Monetary Policy Edge: Central banking allows nations to inflate their way out of the nation's deficit at the expense of soverign debt holders, allowing the citizens of the economy to get a break from draconian taxation policies. Abandoning the Federal Reserve System would eliminate this option. On top of that, the U.S. would lose the day-to-day ability to control interest rates to engineer a soft landing in the face of potential depression, and to spur economic growth during recessions. Deregulation of U.S. Banks: Ron Paul wants free markets, but the times have changed. Big banks are taking up large risks in their investment portfolios with the use of derivatives to turn over huge profits. I do not need to explain how important it is that "ambition must be made to counter ambition" (Madison, The Federalist #51). If we take a look at Bear Stearns, Lehman Brothers, AIG, and other U.S. multinational banks from 2007-2009, we will immediately understand the dangers of unregulated risk-on, risk-off. And what do we make of JPMorgan's $2 billion+ loss this year? Do we let these banks fall so that Ron Paul's free market ideals can persist? Bear Stearns, Lehman Brothers, and AIG brought the world to its knees in the last housing crisis. Grant them and their friends a ticket to free and unregulated market behavior and they will make Greece's soverign debt troubles look like a little girl's birthday party. Elimination of Protectionist Tariffs: The U.S. services more and manufactures less than before. Its steel and car industries struggle even with all the protectionist tariffs and government subsidies; they would not survive otherwise. A more free market is one that would make the US heavily reliant on other nations for basic materials and metals; and that, as a matter of national security and bartering leverage, is not a good idea. And we cannot trust other nations to follow our safe conviction in a free market without protective tariffs. Transformation of the Public Education System: And by transformation, I mean the complete dismantling of public education. Paul's extreme leftist stance calls for privatized, for-profit K-12 education; so say sayonara to free public elementary school education and pay for your child's education out of your own pocket. Also bid farewell to federal aid and student loans, because he does not believe in the government's role in funding the public's education. Return to Precious Metals Currency While Ron Paul has become ambiguous on this stance, his endorsements of ending taxes on metals imply that the market would choose precious metals as the commodity to back up the U.S. currency. The gold standard made sense in the past when trading countries had to look at what universal commodity they would accept in exchange for goods and services. Gold was a great choice because its rarity was the covet of upper class citizens with the disposable income to purchase it. Everyone wanted gold; but now, everyone wants the US dollar. Why blindly complain that the USD is losing value, when 73% of all currency trades involve the USD? The USD is still a major player in the currency exchanges and is considered a safe haven in the context of a slowing China and a troubling Europe. And with a live, 24/7 online Foreign Exchange Market (FOREX) to trade different currencies and to track the exchange rates between nations, there is no need for gold to be standard. In fact, because of the quick and efficient nature of digital trades, it becomes slow and impractical to exchange gold.
What Ron Paul's Libertarian Push Implies for the United States Economy
So you're convinced that Ron Paul is the best man for the job? Before you put all your chips in, consider whether or not the United States economy is ready for his extremism. Austerity: This is a familiar word for many. We hear it on the news and in the radio describing the situation in Greece. But what is it, exactly? In short, austerity is like nasty medicine: you do not want it because it is a long and unpleasant experience, but you know you need because it will make you better. Austerity is tough, suck-it-up reform that nations cannot avoid when they dig deep ditches of debt. The massive overhaul of the market under Ron Paul's ideal would likely kick the U.S. into depression; and the rest of the world would follow. Decommision of the Federal Reserve System and Monetary Policy Edge: Central banking allows nations to inflate their way out of the nation's deficit at the expense of soverign debt holders, allowing the citizens of the economy to get a break from draconian taxation policies. Abandoning the Federal Reserve System would eliminate this option. On top of that, the U.S. would lose the day-to-day ability to control interest rates to engineer a soft landing in the face of potential depression, and to spur economic growth during recessions. Deregulation of U.S. Banks: Ron Paul wants free markets, but the times have changed. Big banks are taking up large risks in their investment portfolios with the use of derivatives to turn over huge profits. I do not need to explain how important it is that "ambition must be made to counter ambition" (Madison, The Federalist #51). If we take a look at Bear Stearns, Lehman Brothers, AIG, and other U.S. multinational banks from 2007-2009, we will immediately understand the dangers of unregulated risk-on, risk-off. And what do we make of JPMorgan's $2 billion+ loss this year? Do we let these banks fall so that Ron Paul's free market ideals can persist? Bear Stearns, Lehman Brothers, and AIG brought the world to its knees in the last housing crisis. Grant them and their friends a ticket to free and unregulated market behavior and they will make Greece's soverign debt troubles look like a little girl's birthday party. Elimination of Protectionist Tariffs: The U.S. services more and manufactures less than before. Its steel and car industries struggle even with all the protectionist tariffs and government subsidies; they would not survive otherwise. A more free market is one that would make the US heavily reliant on other nations for basic materials and **metals; and that, as a matter of national security and bartering leverage, is not a good idea. And we cannot trust other nations to follow our safe conviction in a free market without protective tariffs. Transformation of the Public Education System: And by transformation, I mean the complete dismantling of public education. Paul's extreme leftist stance calls for privatized, for-profit K-12 education; so say sayonara to free public elementary school education and pay for your child's education out of your own pocket. Also bid farewell to federal aid and student loans, because he does not believe in the government's role in funding the public's education. Return to Precious Metals Currency: While Ron Paul has become ambiguous on this stance, his endorsements of ending taxes on metals imply that the market would choose precious metals as the commodity to back up the U.S. currency. The gold standard made sense in the past when trading countries had to look at what universal commodity they would accept in exchange for goods and services. Gold was a great choice because its rarity was the covet of upper class citizens with the disposable income to purchase it. Everyone wanted gold; but now, everyone wants the US dollar. Why blindly complain that the USD is losing value, when 73% of all currency trades involve the USD? The USD is still a major player in the currency exchanges and is considered a safe haven in the context of a slowing China and a troubling Europe. And with a live, 24/7 online Foreign Exchange Market (FOREX) to trade different currencies and to track the exchange rates between nations, there is no need for gold to be standard. In fact, because of the quick and efficient nature of digital trades, it becomes slow and impractical to exchange gold.
AIG (AIG), a global insurance and financial services firm, reported second quarter loss of 7.94 billion dollars, or 9.15 dollars a share, from a profit of 1.1 billion dollars, or 1.24 dollar a share a year earlier. On an adjusted basis, EPS was 0.66 dollar, better than expected, vs 1.43 dollar a year ago. Nio (NIO), the electric-vehicle marker, is climbing before hours as July car deliveries ... AiG Performance of Mfg Index. AiG performance of the Mfg Index released by the Australian Industry Group presents business conditions in the Australian manufacturing sector. The group surveys 200 manufacturers on their assessment of the business situation including employment, production, orders, prices, and inventories, and their short-term planning. AiG Performance of Construction Index. Based on 120 interviews to companies, the HIA/AiG Performance of Construction Index, released by the Australian Industry Group and the Housing Industry Association, is considered as an indicator that measures the conditions on the short and medium term in the construction market.Companies answer questions related to production, employment, prices supplier ... Schlagwort: AUD AIG Services Index FX und Makro Wochenausblick Montag 4 November 2019 Let's trade CADJPY! Besprechung BOE Zinsentscheidung diese Woche, RBA Zinsentscheidung und CAD Arbeitsmarktdaten. Makro: Aktien Risk On! Traders: Viel Erfolg diese Woche!! Weiterlesen >> ... Ex-AIG Traders Seeking $100 Million in Bonuses Win U.K. Ruling From bnnbloomberg.ca A group of former traders and managers at American International Group Inc. won a London judge’s backing in their battle to obtain $100 million dating back to the financial crisis, after he said that the insurance giant couldn’t put forward “abusive” arguments to block the payments. Über den Handel von AIG (AIG.N) American International Group, Inc. (AIG) ist ein amerikanischer, weltweit tätiger Versicherungskonzern mit Sitz in New York (USA). Zum Produktspektrum gehören Versicherungsprodukte für Privat- und Geschäftskunden sowie für institutionelle Kunden. Der Kundenstamm besteht aus fast 90 Millionen Kunden. Hey guys, I am trying out a monthly covered call stock option where I have bought 200 shares of AIG at $28.55 and have sold 2 calls at the $28.00 dollar strike for a premium of $2.07 each. By selling the covered call (in-the money), I am able to have a bullish/neutral position in AIG. My options protect me if the stock goes down to 26.48 which ... AIG (American International Group Inc) - is a professional real-time chart. Online chart makes it possible to take a closer look at Forex asset of interest. Sehen Sie sich das Live AMERICAN INTERNATIONAL GROUP INC Chart an, um die Kursentwicklung der Aktie zu verfolgen. Finden Sie Marktprognosen, AIG Finanzdaten und Marktnachrichten. AIG (AIG), the global insurance and financial services firm, posted first quarter adjusted EPS of 0.11 dollar, significantly missing the consensus, down from 1.58 dollar a year ago. The company is withdrawing previously issued guidance. Diamondback Energy (FANG), the independent oil and gas producer in the US, disclosed first quarter adjusted EPS of 1.45 dollar, beating estimates, up from 1.39 ...
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