My sifu predicted zhun zhun ho Li ka zai....... Wait shark buy back at 0.05~0.055 then we follow them, they will help push back 0.085 again.... Belief me Cut cut cut
Overnight reports of the German government cabinet approved a bill to allow the use of Huawei’s technology in 5G mobile networks, Parliament is yet to give its approval but this is progress for the firm.
The US claims that if Huawei products are used in inside critical telecom/IT infrastructure in the West it can allow the Chinese government to spy and steal sensitive information. Huawei disputes this. The US is currently investigating the massive breach of government IT systems by Russia, perhaps because the admin was distracted by China issues, who knows?
NEW YORK (Reuters) - Asian stocks were set for gains on Thursday as progress toward a long-awaited U.S. stimulus package and a pledge by the Federal Reserve to keep interest rates low helped the Nasdaq benchmark to a fresh record high.
Australia's S&P/ASX benchmark rose 0.64% in early trading. {{178|Japan's NiNikkei 225 futures added 0.02% while the e-mini futures for the S&P 500 rose 0.07%, following another strong Wall Street finish.
The Fed said on Wednesday it would stick with its policy of low interest rates while legislators moved closer to agreeing on an additional $900 billion of COVID-19 aid, including $600 to $700 stimulus checks and extended unemployment benefits.
"Chairman (Jerome) Powell assured the world that the Fed will extend its asset purchase program if economic growth slows," said Michael McCarthy, chief strategist at broker CMC Markets in Sydney. "The re-assurance saw the markets continue on their optimistic path," he said, but added that some bond traders had been looking for more, prompting a selloff that steepened the U.S. curve.
On Wall Street, the Nasdaq Composite booked another record close at 12,658.19, up 0.5% for the day. The S&P 500 gained 0.2% and the Dow Jones Industrial Average slipped 0.2%.
U.S. Treasury yields increased slightly, however, with the benchmark 10-year yield up 0.4 basis point to 0.925% on Wednesday afternoon.
The Fed said it will keep its benchmark overnight interest rate near zero until an economic recovery is complete and it will now tie its program of monthly government bond purchases to that same goal.
Officials slightly lifted their outlook for economic growth next year to 4.2% from 4.0% and lowered their expected unemployment rate to 5% from 5.5%.
The dollar initially rose slightly on the Fed's announcement, but soon the dollar index was down 0.2% on the day, around a two-year low.
Strategists at Commonwealth Bank of Australia (OTC:CMWAY) said the dollar's downward trend will continue because of the weight of the U.S. current account deficit and the appeal an improving world economy will give to other currencies.
Oil prices edged higher on Wednesday, buoyed by U.S. government data that showed crude stockpiles fell last week and by optimism about the U.S. coronavirus relief package.
Spot gold prices initially dipped on the Fed announcement, but then rose 0.5% to $1,862.72 an ounce.
Bitcoin [BTC=BTSP] broke through $20,000 for the first time on Wednesday, gaining more than 9% to $21,316 late in the day. The move came amid increased institutional and corporate interest.
The cryptocurrency has nearly tripled this year, buoyed by demand from larger investors attracted to its potential for quick gains, purported resistance to inflation and expectations it will become a mainstream payment method.
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True i still losing in average up for MTOUCHE share.... But i am OK.... I have holding power.....; i fell more entertain here.... Is ok for me... Fake siput.... Dont run away ya
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bulldog
12,157 posts
Posted by bulldog > 2020-12-15 16:12 | Report Abuse
Uptrend intact 0.075
Thanks to seller James Bond 007
Huat chaiii