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Stocks in Asia were poised to follow U.S. equities lower after an unexpected rise in jobless claims rekindled concern the economic recovery has stalled. Treasuries rose.To get more news about Expert 24 Trade, you can visit wikifx news official website.
  The first uptick in jobless claims since March comes as Congress negotiates a new relief package for millions of Americans who are set to lose enhanced benefits at the end of the month. Other worrying signs of the U.S. economy slowing added to concern that the growth in some areas will peter out.
  “The recovery is in place, but the labor market is really, really fragile,” said Gene Goldman, chief investment officer at Cetera Financial Group. “That‘s going to weigh on the markets and it’s going to weigh on consumers for a long time.”
  Elsewhere, the yield on 10-year Treasuries fell to 0.58%. Crude ticked up, while precious metals continued their torrid run of gains that have taken gold and silver prices to multi-year highs.
  In Europe, the yield on Italy‘s benchmark bonds fell below 1% for the first time since March amid euphoria over the Europe Union’s pandemic recovery package.


  Former New York Fed President William Dudley discusses the state of the U.S. economy and need for further stimulus for citizens and businesses.
Stocks on Wall Street ended on a gloomy note. The Dow Jones, S&P 500 and Nasdaq indices closed 1.31, 1.23 and 2.29 percent lower, respectively. In the S&P 500 benchmark, information technology took the hardest hit, specifically under the technology hardware, storage & peripherals subcomponent. Apple Inc – the second largest company in the indexs weighting system – fell and helped drag the S&P 500 lower.To get more news about Expert 24 Trade, you can visit wikifx news official website.
Amazon and Microsoft – also considered to be index heavy weights – were also steeped in red which contributed to the overall decline across US equity markets, specifically for the technology sector. Stocks were hit hard after initial jobless claims data – a highly-scrutinized statistic amid the pandemic – showed a worse-than-expected print.
ART637290494704348914_925480.jpg-wikifx_articlepic
  These claims jumped by 1416k, far above the 1300k estimate and reinforced fear about the severity and duration of the virus-induced recession. Secretary of State Mike Pompeo gave an arguably provocative speech on US-China relations shortly after the government ordered the shutdown of the Chinese consulate in Houston. Beijing has vowed to retaliate but has not made it clear how.
  Fridays Asia-Pacific Trading Session
  Asia-Pacific trade brings a light raft of economic data which will likely then put the focus for investors on fundamental themes. Escalating US-China trade tensions will likely continue to dampen sentiment and punish-cycle-sensitive assets like AUD and NZD while giving a tailwind to USD and JPY. Sentiment-linked commodities like crude oil may also suffer with the risk of gold and silver retracing some of their recent gains.
  AUD/NZD Analysis
  AUD/NZD has struggled to break above a five-year descending resistance channel despite spiking 6.30 percent from the March lows. The rejection at the slope of depreciation with follow-through could signal the start of a broader decline. Downside momentum may slow at the first layer of support at 1.0521, but if selling pressure remains acute it could open the door to testing a secondary substrate at 1.0484.
ndias lenders and their shareholders are playing a dangerous game of hide and seek.To get more news about Expert 24 Trade, you can visit wikifx news official website.
  Financial firms need to raise a record amount of capital, something they would like to do before the central bank‘s Covid-19 moratorium on repayment ends next month and they have to disclose a big jump in bad loans. So they have an incentive to pretend that their borrowers have become miraculously stress-free. Investors know this and are trying to ferret out bad news. Valuations are sliding, and if policy makers have a plan for rescuing this vital industry, they’re keeping it close to their chests.
  In March, the central bank told lenders they could stop collecting from borrowers for three months after Prime Minister Narendra Modi put a stop to most economic activity to contain the virus. Since then, the regulator has extended the timeout by another three months. But as they announce their June quarter figures, lenders are under pressure from the stock market to show how most of their customer accounts have become regular again after the lockdown was relaxed May 10.
  Axis Bank Ltd. shares jumped more than 7% in Mumbai on Wednesday after it said loans under moratorium were down to 9.7% by value from 28% in May. It wants to raise $2 billion to boost its capital buffers after S&P Global Ratings cut its debt rating to junk. Non-bank financier Bajaj Finance Ltd. disclosed that a little under 16% of advances are frozen, a drop from 27% at the end of April. This improvement, however, failed to cheer investors because at least some of it came from tweaking term loans to “flexi” arrangements where borrowers only need to pay interest for one or two years.
More broadly, analysts are finding it hard to swallow the sudden unfreezing, given that an average of 38% of the book for mortgage financiers and 64% for auto lenders was at a standstill in May. Customers paying just the June installment would get off the list of accounts under moratorium, “even if they have not cleared the past dues,” says Elara Securities India Pvt.
  Sanford C. Bernstein & Co. analyst Gautam Chhugani has identified two other strategies. The first is to simply deny deferment requests and keep auto-debiting customer accounts. The other method is to help wobbly borrowers with fresh funds, so “the underlying health of the loan won't be known for a long time until 2021,” he says.
  The pandemic has given banks tools to do this. Lenders have approved $17 billion out of a $40 billion state-guaranteed small-business credit program. Media reports suggest part of the money has gone to borrowers on the condition that they repay old loans. Shadow banks, especially ones exposed to troubled property developers, are hawking new bonds. Banks can use the monetary authoritys funding-for-lending program to buy the notes. Here again, they want financiers to keep servicing existing bank debt.
  At $1.4 trillion, advances by India‘s top banks and other lenders are broadly unchanged from a year earlier. While stagnation in loan growth is only to be expected in a shrinking economy, what’s also worrying is that financiers accounting for three-fifths of the credit are being judged by investors to be worth less than their assets. Its a sharp deterioration from a year ago, when 40% of institutions by total loans were trading below book value.


Dismal valuations will stop many state-run banks from joining the fund-raising party, which may top $10 billion this year, almost double the record $5.2 billion in 2017. The government must come to the rescue. Economists at State Bank of India suggest lowering the minimum capital norm to 8% from 9% of risk-weighted assets, and deferring the rainy-day capital conservation buffer.
  Those two measures will save almost $40 billion. That's not enough capital. Delinquent corporate debt, which was weighing India down even before the coronavirus, is getting heavier. India Ratings and Research Pvt., a Fitch Ratings affiliate, has pegged additional loan-loss costs from 500 heavily indebted firms at $30 billion, a conservative estimate because bankruptcy courts aren‘t taking new cases and asset buyers are looking to wriggle out of commitments. To this, add the post-Covid slide in small firms’ fortunes, as well as losses on micro credit and other individual loans.
  Even if a bad bank is set up to take problem loans out of the financial system, the discounted price at which it will buy them means that private capital will have to absorb chunky losses. No amount of gloss by bankers can hide the stress for too long. The market will eventually find it.
Last week, an analysis was reported by some renowned news media, pointing out the “death cross” in the daily chart of the U.S. Dollar Index (DXY). Such cross occurs when the 50-day moving average crosses below the 200-day moving average. It also predicted that DXY is possible to slump.To get more news about Expert 24 Trade, you can visit wikifx news official website.
  Such bearish technical formation which reflects future market trend, from my point of view, is not worthy of worry. The reason lies in the results of the same situation last time. On December 30, 2019, the “death cross” occurred. In an ironic twist, however, DXY rebound dramatically to 99.91 after it reached its bottom at 96.35.February 21 witnessed a golden cross when the 50-day moving average rose above the 200-day moving average. Ironically, DXY plunged to 95.00 after it peaked at 99.91.
  Such golden cross and death cross occurred are both wildly inaccurate. The theory as a joke may be accurate once the viewpoints are exchanged.


In the session of technical analysis, I‘ve shared my opinions on the crossovers and held that the 50/200 crossover is not the best-performing moving average (keep you guessing). Thus, I won’t adopt the death cross to estimate how DXY performs in the future market.
  DXY came under downside pressure in the short run because of the bullish trend in U.S. stock markets rather than the rationales proposed by Roach, nor the death cross occurred. In addition, such divergence between DXY and U.S. stock markets will be dominant over the short term, with its references among the three U.S. stock indices lie on the DJIA and the S&P 500 rather than the Nasdaq composite index. Thus, it is necessary to analyze the continuing effect of the two indices on DXY in the short term. But in the long run, the main factors affecting DXY will remain to be traditional basic ones such as politics, economics and monetary policies.
EUR/USD, GBP/USD, and USD/JPY Technical Analysis & Forecasts!

EUR/USD extends its bullish momentum, most likely it will reach new highs as the US Dollar Index could drop deeper. The USDX is traded at 94.84 level, the next critical downside obstacle stands at 94.65, personally, I believe that the index will hit this level soon.To get more news about Expert 24 Trade, you can visit wikifx news official website.
  You should keep an eye on the economic calendar today as the US is to release the Unemployment Claims data, the indicator is expected around 1300K in the previous week, while the CB Lending Index could increase by 2.1%, versus 2.8% in the previous reading period.
  EUR/USD is traded at 1.1585 level, below 1.1602 yesterdays high, the price tries to come back above the 1.1600 psychological level again, it remains to see what will happen later as the Euro-zone Consumer Confidence will bring high volatility.


You can see that the USDX is almost to reach the 94.65 static support level, the 50% Fibonacci line is seen as strong support as well. A bounce back, rebound from the confluence area formed at the intersection between the 50% line and the 94.65 will signal that the USD will strike back, will appreciate again versus its rivals.
  The current downside movement will be ended if the USDX will make a reversal pattern right on the 94.65 level. A valid breakdown below the 50% line and below the 94.65 will validate a further drop, this scenario will signal that EUR/USD and the GBP/USD will reach new highs in the upcoming period.
Ive said yesterday that, EUR/USD will approach and reach the first warning line (WL1) of the former descending pitchfork after aggressive breakout above the 1.1495 level, static resistance. The pair is trading in the green and most likely it will hit the warning line (WL1) in the upcoming hours.
  A valid breakout above the WL1 will confirm further growth towards new highs, so we may have another long opportunity, while a false breakout, rejection, will signal a minor drop towards the 1.1495 in the short term.
GBP/USD is traded at 1.2746, it has managed to close above the 61.8% retracement level, so the next upside target is seen at the median line (ML) of the major ascending pitchfork. The pair is trapped within an up channel, between the 50% Fibonacci line and the median line (ML), so the outlook is bullish.
  A consolidation, stabilization, above the broken 61.8% level will suggest buying again with a first potential target at the median line (ML) of the ascending pitchfork. Only another false breakout above the 61.8% level will invalidate a further increase and will bring a short opportunity in the short term.
USD/JPY has closed again above the 107.00 psychological level and now is pressuring the 50% Fibonacci line of the descending pitchfork. A valid breakout above this dynamic obstacle will announce a potential rally towards the upper median line (UML).
  The 106.60 is seen as a critical support level, a downside breakout will suggest selling, but the price has failed to reach this level again signaling a potential upside movement in the short term.
  USD/JPY has failed to reach and retest the median line (ML) in the last attempts, so a bullish momentum is favored, the first target is represented by the UML, well have a larger upside movement only if the pair will take out this dynamic resistance.

WoW Classic is the nostalgia trip that many players have been waiting for, but Blizzard's engineers have got a myriad of issues to deal with all over again, such as gold farming, which has always had a certain amount of popularity in some circles.To get more news about cheap WoW Items, you can visit lootwowgold news official website.

When asked whether they expected for WoW Classic gold farming to be a major issue, Brian Birmingham of Blizzard fame said that the company is hoping that they're going to be able to keep the problem under control this time around.

According to Birmingham, Blizzard is cool with the vast majority of gold-farming strategies, provided that they include players actually playing the game. If it's normal gameplay that you're getting your gold from - you're good. However, automation is problematic.

"Really, where we get concerned, is when someone has got some kind of automation program doing the gameplay for them," said Birmingham. "That's against our terms of service and we have better detection algorithms and techniques today than we had before."

With this in mind, Blizzard hopes that they'll be able to curb excessively automated gold farming in WoW Classic better than they had the chance last time around. Whether this sort of optimism is displaced or not, however, remains to be seen.

The popularity of WOW Classic can’t be copied, compared with any other retail game, it may not be too smooth or refined, because some game content imitated the “old” game, but the Classic version has a lower level cap, that is, the overall difficulty of the game is much greater, you have to make more efforts to play, and accordingly, when you complete these tasks, the sense of accomplishment will double.Moreover, WOW Classic provides more social opportunities among players, because it encourages teams to fight in order to complete challenges faster, you have to interact with others to expand your friend circle.To get more news about WoW Gold Classi, you can visit lootwowgold news official website.

WOW Classic is described as a slow-paced game by many players, and the specific performance is that you even need to spend several hours or even a day to upgrade a level, this is more difficult to get rapid progress in this game. On the contrary, it is more suitable for someone who wants to play games slowly, seeing their progress every day, and even rest while playing.The entire WOW Classic content is split into six phases, and each is released at different times, bringing new events, regions, quests and loot tables.

Until September 2020, WOW Classic may release the final phase, introducing the highest-level events in the game, along with many newly added items, but it is possible to delay a bit affected by the ongoing coronavirus.

Apart from these, the Classic version hardly develops other events or games until its first Esports event, Summer Bowl, a PVP tournament to hold online. The following is about the participation method and holding time of Summer Bowl.Summer Bowl is a 10v10 Warsong Gulch tournament, requiring a 60-level character and 10-people team to participate.

Summer Bowl will be divided into two regions, North America and Europe, all games will be on live server of WOW Classic, including two stages, qualifiers and finals, the top six teams of each region selected in the qualifiers can participate in the next finals.The European tournament qualifiers will open on June 20 and 21, and the finals will take place on July 4, while the North American qualifiers will open on June 27 and 28, the finals is set on July 5.The top six teams of each region will compete in the finals for $4000 in prize pool, as well as the first WOW Classic PVP tournament champions.

Starting from now, you could sign up for these two regional qualifiers and create your 10-player team. It can be showed that Blizzard plans to extend this game to more aspects before WOW Classic reveals all the content to keep existing players from leaving. As everyone seems to be pursuing something fresh, and not playing the changeless game for a long time.When it comes to WOW Classic Gold, it seems to be a hot topic to discuss, because players are always looking for various ways to farming gold, no matter which update is in progress.

Regarding Gold, it is always inseparable from farming and grinding, this is also the most common method used by most players in WOW Classic. To be honest, for low-level players, you are recommended to do so because you are not able to experience more game content. But for high-level players, although you can complete various hard challenges to get gold, but it is very time-consuming and can’t get more XP to level up. So this is a huge loss if you only rely on farming to make money.

Therefore, the best solution we can provide you is to buy WOW Classic Gold so that you can completely get rid of repeated labor. As there is a huge demand for gold in Classic, why not use a more convenient way to get them?On MMOWTS, it provides a safe, reliable and convenient platform for you to get cheap WOW Classic Gold. Like other marketplaces, it is committed to providing virtual currency and peripheral services related to WOW, serving every consumer well within its ability, personally, it is the most trustworthy one.

The third-tier, prize-winning ticket was sold by Township News Center at 2506 Mount Holly Road in Burlington.Get more news about 彩票包网平台,you can vist loto98.com

The player who bought the winning ticket selected the Megaplier option, meaning their $10,000 prize was tripled to $30,000, state Lottery officials said.

The winning ticket matched four of the five white balls and the Gold Mega Ball drawn. The winning numbers for the July 21 drawing were: 14, 25, 26, 41 and 43. The Gold Mega Ball was 15, and the Megaplier Multiplier was 03.In addition to the third-tier prize, 20 Mega Millions players matched four of the five white balls drawn making each ticket worth $500. Three of those tickets were purchased with the Megaplier option, multiplying the prizes to $1,500, NJ Lottery officials said.

A total of 27,730 other New Jersey players took home $109,984 in prizes ranging from $2 to $600, state Lottery officials said.The Mega Millions Jackpot rolls to $124 million for the next drawing on Friday, July 24 at 11 p.m. Mega Millions tickets are sold in 46 New Jersey locations. Drawings are held on Tuesdays and Fridays.

The Texas Lottery Commission announced it is going to be easier for players to purchase lotto tickets.That's because Texas will have the first-in-the-nation opportunity to get Powerball? and Mega Millions? tickets printed on cash register receipt paper, referred to as receipt ticket while visiting the Business Centers of participating Texas H-E-B stores.Get more news about 彩票包网,you can vist loto98.com

The new receipt tickets can be purchased at any H-E-B Business Center cash register.Quick Pick numbers are printed on the receipt, along with a lottery barcode, and are valid for the next available Powerball or Mega Millions drawing.

“Texas continues to break ground with ‘in-lane’ lottery solutions that provide our players direct access to the games they love in the most convenient ways possible,” said Gary Grief, executive director of the Texas Lottery. “These tickets look different than any other that the Texas Lottery has ever produced, as they are the first lottery tickets ever printed on cash register receipt paper rather than on lottery rollstock by a dedicated lottery terminal."

Players will notice a lottery barcode at the bottom of the ticket, which can be scanned using the Texas Lottery App to check the winning status.

I. Market evaluation (Fundamental Analysis)
  - The very first rule of gold is that the price has always increased whenever a crisis occurred so far. There are many reasons for the price to go up, such as trade struggles, inflation, climate change, etc. and whether these impacts are more or less, they are all the premises to leverage gold prices.To get more news about WikiFX, you can visit wikifx news official website.
  - In the last half of century, gold price has experienced 2 very strong increases. The first round was when governments gave up the policy of controlling gold price and eased the ban on private ownership of gold, happening around 1970. The price of gold then seemed like a long-term repression that had the opportunity to launch, in the exactly same time when economic and political points are more volatile, creating a “gold rush” speculation, price soared from 35 USD/ounce to 800 USD/ounce in 1980.
  - It was a time when gold prices were at their peak, and from there began to go down after central banks sold out tons of gold. By 1999, each ounce of gold cost only 250 USD. - The downtrend then ended when European central banks agreed to coordinate in selling gold to stabilize this precious metal price. China also expanded the object of people allowed to own gold, the amount of buying back increased. Exchange-traded funds (ETFs) - which represent gold-holding investors - also create favorable conditions for people to hold the bullion.


Also from 2003 to 2011, the annual demand for gold has increased from about 2,600 tons to more than 4,700 tons, pushing prices up to a peak of 1,900 USD/ounce in 2011, then hindered market demand. As a result, the price has dropped to only 1040 USD/ounce by the end of 2015 and early 2016, from then until 2019, when central banks started lowering interest rates, dragging government bond yields down, gold become more attractive to investors.
  So the question now is whether gold (XAU/USD) will continue to increase in 2020-2021 or not? And what factors will play the main role?
  1. Economic Instability
  Thanks to special physical properties, gold is both a special commodity and a currency to store and trade. Since ancient times, gold has always played an important role in the economy, with the role of real assets used to reserve, whenever the world economy is unstable, people will rush to buy gold. The reason is that when the economy is difficult and unpredictable, doing businesses will become more struggling, other high-risk investment channels, declined securities, devalued currencies, etc. gold is considered as the most convenient safe haven asset. Great buying demand will push gold price up.
2. US – Index
  Because the currency US dollar acts as an international payment currency, and the world price of gold is also traded in US dollar, so the relative value of gold is expressed in US dollars. Therefore, when the USD depreciates, it means that gold price increases and vice versa.
3. Gold Supply
  Because gold is also a commodity, its price also changes according to the law of supply and demand. There are three factors that change the world's gold supply.
· First, the nation's gold reserves policyIf one or several countries decide to buy gold to store in large quantities, the world gold price will increase and vice versa. Therefore, monitoring the world's news regarding gold trading policies of major central banks will be good for predicting gold prices.· Second, the influence from the gold trading of large fundsCurrently there are a number of large funds holding huge amounts of gold. Every movement of these big players will has a strong influence on world gold prices. In particular, these funds have launched fund certificates to attract many speculative investors into this market.These funds include:- IMF: holds about 3,100 tons of gold- SPDR Gold Trust: This is considered the largest gold investment fund in the world. This fund currently holds about 768 tons (2019).
  · Third, the world gold production/mining
  The countries known for having the largest gold mining output in the world are China, Australia, Russia, USA, South Africa and Canada. Every time the mining output in these countries declines, it will cause world gold prices to rise and vice versa.
  Since the Covid-19 pandemic began to spread from the beginning of 2020, putting the world into a deep crisis, companies filed for bankruptcy are increasing, unemployment rate goes up day by day. In addition, those lockout policies to limit the widespread of Covid-19 epidemic have caused a decline in exports, forcing the world's central banks to launch bailouts for their economy. In the US, for example, the US Federal Reserve has launched a $ 2,000 billion bailout package, leading to a decline in bond yields and an increase in the risk of inflation, which has slipped prices for other assets and currencies.
  - However, the pandemic situation is still quite complicated in the present context, the second wave has come back in quite a lot countries and territories, plus the widespread situation is quite unpredictable, for example, Australia and several US states have reported a spike in new cases of virus infection as well as Latin America or India, the second largest consumer of gold bullion in the world.
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