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In the recap of this week, the most important news were the drone attacks on the Saudi oil industry, what forced a shutdown of half its crude production, amounting to a loss of 5.7M barrels a day, or roughly 5% of the world’s daily production of crude oil. Yemen’s Iranian-aligned Houthi rebels claimed credit for the strike at important Aramco facilities, including the world’s largest oil processing plant & a major oil field.

In other news, U.S. stocks finished slightly mixed Thursday, as investors come to grips with the Federal Reserve forecasting no further interest rate cuts this year or in 2020. Lower interest rates are good for stocks, because they make it cheaper for companies to borrow money.

The Marshall Islands is proceeding with the creation of a blockchain-based national currency, the Marshallese sovereign or SOV, the country said in a statement. The country doesn’t have a starting date set yet, as officials still need to resolve compliance and regulatory issues, and work with entities like the U.S. Treasury and the International Monetary Fund.

Demonstrations for climate change in Asia & Europe;U.S. & Japan expected to finish a deal on trade tariffs; Huawei launches the smartest 5G phone;Facebook is teaming up with Luxottica to develop smart glasses; Erdogan stated that Syrian refugees could be hosted in safe zone; Dengue epidemic in The Philippines.

The post Recap September 22: Marshall Swaps Dollar for Digital Currency – Saudis Arabia Attacked (Recap Ep037) appeared first on Investing & Day Trading Education: Day Trading Academy.

In the recap of this week, we found that U.S. & world stock markets are overall climbing to their highest level in 6 weeks, as the European Central Bank prepares to offer new stimulus measures. The United States & China made mutual concessions in their ongoing trade dispute, improving investor demand for equities.

An anonymous entity recently made 1 of the biggest transactions in Bitcoin history at 94,504 bitcoins. At the then-current Bitcoin price of around $10,600, the transaction was worth almost exactly $1B. It’s now worth around $967 million since Bitcoin has dipped below 10K again.

The U.S. is urging Switzerland to ensure its regulations governing cryptocurrencies are sufficient to prevent abuse like money laundering & terrorism, as the European banking hub prepares to host Libra, crypto proposed by Facebook. The project is likely to be backed by global currencies like the U.S. dollar, Euro, Yen, British pound & Singapore dollar. Now seeking a payment system licensed under the Swiss financial watchdog FINMA. European “public digital currency.” France and Germany will block the crypto’s development until consumer risk & governments’ monetary sovereignty were addressed.

Investors luring by bargain-basement prices of Argentina’s stocks; Purdue Pharma reached a tentative agreement in opioids case; Venezuela conducted military drills; Bugatti Chiron prototype can go over 300 miles an hour; Saudi Arabia wants to balance its massive budget & also pull off a $2 trillion valuation for Saudi Aramco.

The post Recap September 15: France & Germany Block Facebook’s Libra – Stocks Rise (Recap Ep036) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s recap we talk about the big news in cripto currencies this week with the announcement by the payments department of the people’s bank of China that they’re launching a new criptocurrency that’s gonna be similar to Facebook’s Libra. This new cypto is gonna be able to go across all major payment platforms including WeChat and Alipay.

Also, we talk about the blow the UK Prime Minister Johnson’s Brexit strategy recieved by lawmaker voting to delay the country’s exit from the EU. Johnson wanted to call for a snap election in Octobre 15th, now the options he’s got are to bypass legislation requiring a 2/3 majority or doing a vote of no confidence to start its own government.

Overall this week the Dow is up 1.49%, the S&P 500 is up 1.81% and the Nasdaq is up 1.76%. Hong Kong had its best performance of 2019 on wednesday rising nearly 4%, their exchange is up 2.6% for 2019, the bigger winners here are the property developers. The european markets are mostly higher this week Italy being the biggest winner up 2.93%, the Merval in Argentina is the biggest winner in Latin America with and increase of 12.40%.

The post Recap September 8: China Launches Digital Currency – Germany almost in Recession (Recap Ep035) appeared first on Investing & Day Trading Education: Day Trading Academy.

This week the markets went up, president Trump said that China pretends to reach a deal with the United States and is talking about reestablishing the dialogs.

The post Recap September 1: Insiders Selling Stocks in Droves – Trade War Continues (Recap Ep034) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this Recap, we find that the trade war between the U.S and China with a continuous retaliations in each side. The situation right now in the U.S is not just an escalation of the trade war, it is also an attempt to change supplies and productions located in China, causing a decrease in the Chinese economy.

The stock markets in the U.S, in general, go down, the European market was mixed and also the Latin American market was mixed as well. We didn’t have a lot of news about Bitcoin this week. But talking about the financial sector, this week has recorded records of lows and precious metals are higher this week.

The United States moved to extend a reprieve that permits China’s Huawei to continue buying components from U.S. companies to supply existing customers, but it also moved to add more than 40 of Huawei’s units to its economic blacklist.

Finally and sadly there are thousands of fires in different countries around the world like Angola, Bolivia, Grand Canarias and Brazil, all the governments are primarily worried about the fires in the Amazon.

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The post Recap August 25: Stocks Tank – Trade War Heats Up (Recap Ep033) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this recap, we find that U.S. stock markets had their worst drop of the year on Wednesday, with the Dow dropping 800 points or 3%. The U.S. trade war with China has been a central concern in recent days, but the U.S. Treasury yield inversion between the 2- & 10-year notes, had greatly raised the fears of a recession among investors.

World stocks were rising Friday morning as expectations grew of further stimulus by central banks, offsetting worries about slowing global economic growth.

New Zealand has decided to become the 1st country to legalize payment in Bitcoin with some stipulations. The ruling by NZ’s tax authority allows salaries & wages to be paid in cryptocurrencies such as Bitcoin from September 1, as long as the payments are in regular, fixed amounts.

New nuclear-powered missile explodes in Russia. Paulo Guedes said “if the opposition party wins in Argentina, Brazil will pull out of the Mercosur”. Chinese social media users were furious at Amazon. Trump’s interest in buying Greenland is heavily criticized. Street protests in Russia and Hong Kong.

The post Recap August 18: Worst Day for Stocks since 2019 – New Zealand Makes Bitcoin Legal (Recap Ep032) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this recap, we find that rising trade tensions between the United States & China pushed U.S. stocks to their worst week of 2019. Both the S&P & the Nasdaq have now erased their steep losses from Monday, the Dow still down on the week.

Mid-week the German 10-year yield hit a record low -0.60% yield. French 10-year yields slid to -0.35%, the Netherlands to -0.50%, & Switzerland to -1.00%. The Japanese 10-year yield was down to -0.20%. There is now the equivalent of $12 trillion of government issued debt, earning “0” or below interest rates globally.

For the 1st time ever, Denmark is now offering borrowers mortgages at a negative interest rate, effectively meaning that it will pay customers to borrow money. Jyske Bank, Denmark’s 3rd-largest bank, says customers will be able to take out a 10-year fixed-rate mortgage with an interest rate of -0.5%.

Uber lost $5.2B in Q2; South Korea becomes the worst major equity market for the year; battery producers & electric automakers are concerned oversupply of nickel; financial sanctions to companies linked to the military in Myanmar; great increase in the trade of precious metals.

The post Recap August 11: Stock Lose $1 Trillion – Gold Outperforms Stocks in 2019 (Recap Ep031) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this recap we find that the Dow & S&P 500 had their biggest daily percentage drops since May 31 on Wednesday, after the U.S. Federal Reserve cut interest rates for the 1st time since 2008, but remarks by Fed Chair Jerome Powell dampened expectations for further rates cuts going forward.

With the Trump announcement of new tariffs on Chinese imports U.S. oil prices plunged over 7% to settle below $55.00 a barrel.

In a further blow to the global trade technology supply chain, South Korean computer chip-makers are in trouble with their quest to find alternatives for key Japanese chemicals, that have been slapped with export restrictions.

The Institute of International Finance, says total world debt is near $250 trillion, or 320% of GDP through 2018. Non-financial corporate debt went over $72 trillion last year, near an all-time high of 92% of GDP.

The London Stock Exchange to buy financial data provider Refinitiv; U.S. might quarantine Venezuela; body of the founder of Coffee Day Enterprises is found; Byju Raveendran is India’s newest billionaire; Disney breaks record at global box office.

The post Recap August 4: Class Action Lawsuit Forex Manipulation – Interest Rate Drop (Recap Ep030) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this recap we find that despite news that there will be a U.S. Department of Justice investigation into American high technology firms on grounds of antitrust grounds, the U.S. stock indices NASDAQ & the S&P 500 reached new all-times highs at the market close on Wednesday at 8321.50 & 3019.56 respectively.

June 23rd, Boris Johnson, the U.K.’s former foreign secretary & a strong proponent of Brexit, will replace Theresa May as Prime Minister after winning the Conservative Party’s leadership contest.

The U.S. economy has been growing for 121 months, the longest expansion since records began in 1854. Although the U.S. stock market is up near 20% this year & job creation remains strong, investors continue to worry about the inverted yield curve for bonds between long term & short-term interest rates.

Amazon’s record profits streak ends; Alphabet, parent company of Google, reported $38.9B in revenue for Q2, above analysts projection; Facebook to pay $5 billion for mishandling user privacy; Temperatures across Europe are reaching extreme levels and affects the electricity prices; Marvel’s Avengers: Endgame become the highest-grossing film ever.

The post Recap June 28: Stock Trading at Record Highs – Brexit & Warships (Recap Ep029) appeared first on Investing & Day Trading Education: Day Trading Academy.

U.S. stocks from the 3 major benchmark indexes, the Dow, S&P 500 & the Nasdaq, once again closed Monday at a fresh all-time high, surpassing records set on Friday, as the corporate earnings season begins & investors consider new economic data from China.

Facebook says Libra will be a stable, universally accepted crypto-currency that will make sending money online far easier helping promote financial inclusion.

U.S. oil prices tumbled Tuesday after U.S. Secretary of State Pompeo hinted at thawing tensions between the United States & Iran.

The silver market could potentially have a explode in price; Annegret Kramp-Karrenbauer takes over as German defense minister; Netflix shares could fall 11%; Elon Musk’s company Neuralink says it’s ready for brain surgery; millions of people are stranded by flooding in northeast India.

The post Recap July 21: Stock Market Record Highs – Silver explodes (Recap Ep028) appeared first on Investing & Day Trading Education: Day Trading Academy.