December Bull.

https://unsplash.com/@carlsolder

Today Highlight (Time Base on S’pore Time)

Info of Plus500

“80.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money”

Asia is trading with cautious PMI Mfring and Auto sales are not doing well as previous percentage.

Europe might be open surge up and tumble due to protest and Brexit issue.

There is lot of PMI and Mfring report for 2 and half hour during the europe open. So market is not volatile during this period. Overall is all surge up but not bull promissing.

Oil Business

Qatar’s Energy Minister Saad al-Kaabi told a news conference Monday that the country would withdraw from OPEC on January 1, 2019.

Oil futures make a surge up at futures open. After the above news it correct down abid.

The price are still positive for $55 – $60 range per barrel, technical speaks.

Currency


Trade war or not, one thing is clear, according to many experts: The global importance of Chinese yuan seems destined to rise.

Technically USD/JPY today have hit 113.38 due to strong GBP and should be rebound to 113.83 level if cross over 113.50 level.

Did a few buy for USD/JPY today and almost caught in thise PMI and Mfring report. Past month is not doing well as we know.

My closing for the day.

I am trading with plus500 since 2012. The easy to use – friendly apps.

((“80.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money”))

Outlook

The market will have a show down on Thursday where all are waiting for President Trump Conference and Opec meeting-to limit the production.

So this 2 day will be range before Thursday.

Coin

What is happening within crypto currencies today?

Where were we last year? When Bitcoin hit $20,000/.

I was just sitting and watching the news.

How about you?.

Thank you.

Tangoh

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