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EUR's Weakness Added as Netherlands and Italy Plunged into Crisis

  The US dollar index has been rising from the low of 89.209 amid both the Democrats' victories in runoff elections and the soaring US 10-Year Treasury yield. As a result, EUR/USD saw a sharp decline from the peak of 1.2349 on January 6. Besides the strong DXY, other conditions unfavorable to the euro are also on the cards.To get more news about WikiFX, you can visit wikifx official website.
  Before the Dutch election due March 17, the government of Holland's Prime Minister Mark Rutte collectively resigned. Ministers will stay on as a caretaker government until the general election. It emerged a child benefits scandal between 2013 and 2019, in which thousands of families were wrongly accused of child welfare fraud and told to pay the money back. Many of those affected were left to face financial ruin. In December 2020, a parliamentary report concluded the administrative mistake of tax authorities. Prime Minister Mark Rutte and his entire cabinet resigned to take responsibility for the scandal.


Meanwhile, Italy's former Prime Minister Matteo Renzi announced the resignation of two cabinet ministers, plunging the coalition government into collapse. The political crisis arose from the disagreement between Renzi and Prime Minister Conte on how to use the €200 billion in European Union recovery funds. Financial markets are worried that the country will ultimately hold a snap election. What's more, Germany's ruling Christian Democratic Union (CDU) chose Armin Laschet, premier of North Rhine-Westphalia, as their new leader. Mr. Laschet defeated conservative Friedrich Merz in a run-off vote by 521 votes to 466. Financial markets, however, had expected the result before because Laschet's political style is similar to that of Merkel.
  The European Central Bank will hold its first rate-setting meeting of the year on Thursday (January 21). If Lagarde remains dovish and again shows concerns about the euro exchange rate as expected, EUR/USD will see enduring pressures this week. Technically speaking, the pair now has significant support at 1.1920, where a breach below will pave the way for further losses to 1.1603.

Jan 25 '21 · 0 comments
While forex trading features easy operation and low risks, it is fraught with pitfalls. Traders noticing the following indications should stay alert!To get more news about WikiFX, you can visit wikifx official website.
  1. Fake proxy servers & affiliate networks
  Investments via such servers or networks should be based on the investigation of their credibility.
  2. Overstated returns
  Some brokers would promote their products by overstating the returns. In some cases, the net profit promised could be as high as10,607%.
  Important:
  Pyramid schemes are characterized by profiting from new investors, propaganda from celebrities, claiming low spreads and low costs, and promising returns.
  3. Loaded language
  A product that is described by loaded language and introduced by several “celebrities” could be untrustworthy. After all, facts speak louder than words.
  To help traders avoid risks, WikiFX lists forex brokers that changed license status this week as follows:
  XHGJPRO
  Its claimed License of Dealing in Futures Contracts issued by the Securities and Futures Commission (SFC) of Hong Kong is suspected to be a clone.
   Tibra
  Its claimed License of Dealing in Futures Contracts issued by the SFC has been “revoked”.
  BV partners
  Its claimed License of Financial Service Corporate issued by the Financial Service Providers Register of New Zealand has been “revoked”.
  Tips: To protect your funds, you can check brokers before investing on WikiFX (bit.ly/wikifxIN)
Jan 25 '21 · 0 comments
Nowadays, there has been an increasing number of illegal forex brokers with tricky traps. Recently, WikiFX received a complaint from a Japanese investor against the illegal broker Spring.To get more news about WikiFX, you can visit wikifx official website.
  Just like anybody else, I met a “girl” on Tinder last summer. She said that she wanted to make friends with me. Later, she told me what she was doing in her free time - Forex trading. She asked me to install Meta Trader 4 and try the demo account of MyanmarFinancial. I did so for one month. Later, she persuaded me to open a real account to start trading.
  After one month of trading, I wanted to withdraw my profit. But she asked me to trade once more, and it was a total loss. I LOST 30,000 US dollars. A few weeks after that, the broker changed its name to SunlaidealFE Markets. I asked her what happened. She said that the broker was upgrading. Stupidly I believed that!


  I didn't realize it was a scam until that Christmas campaign. On the first day of December 2020, a WhatsApp message came in. It said that there was a Christmas campaign held by Sunlaideal FE Markets. Whoever deposited some amount of money and waited for a month would get a bonus.
  My “friend” said she wanted to help me get a bonus to recover my loss. She made a $40,000 deposit for me, and I made $10,000. So in total I had $50,000 in my trading account. I was supposed to have a $50,000 bonus at the end of the month, but my account was BLOCKED when I wanted to withdraw them. Soon, the broker changed its name again to Springand changed its domain to Meta Trader 5.
As per investigation, the broker Spring was registered in China and has been in business for less than a year. Currently unregulated, the broker is rated at 1.01 on the WikiFX App and is substantially risky. Please stay away!
  Investors may visit the WikiFX App or the official website https://bit.ly/wikifxIN to check more exposures of illegal brokers, and you may also report illegal brokers by contacting us at wikifx@wikifx.com. Together, we can improve the forex environment by nipping illegal brokers in the bud.             
Jan 25 '21 · 0 comments

Nhân quả Bargara, cho những ngày mà cháu cảm thấy thích chơi theo phong cách.Anh chỉ cần chọn tay thắng, đặt tiền và người chia bài sẽ lo phần còn lại.Nhân quả Bacara hỗ trợ công nghệ chơi trực tiếp và ảo thuật tất cả tập trung vào cầu thủ 817;s thoải mái và nhiều cuộc chơi lâu hơn.Get more news about trò chơi câu cá,you can vist hanoibetting

Với cơ hội đặt cược cạnh vô hạn, Karma Bacara sẽ cho các cầu thủ bị đắm trong trò chơi hàng giờ.Các thẻ vẽ có thể được xem trước bằng một máy quét đỉnh, tăng kích thích game và tạo ra một hiệu ứng kịch tính.

Trò chơi baccarat ảo có thể đẩy nhanh hay chậm lại, và do đó, làm việc nhanh hơn hoặc chậm hơn một trò chơi trực tiếp.Thêm nữa, người chơi cũng có thể quyết định giá trị và giá trị tối thiểu cho mỗi trò chơi riêng.

Jan 25 '21 · 0 comments

Là một trong những trò chơi sòng bạc cổ nhất, baccarat đã có một lịch sử rất thú vị.Sự tổng quát lịch sử nhanh chóng của chúng tôi đưa bạn qua tất cả, đến tận cùng với những game thủ online tinh vi mà chúng ta thưởng thức bây giờ.Get more news about CSKH 24/7,you can vist w99no1

Mặc dù nguồn gốc chính xác không rõ ràng, nhưng những ghi chép đầu tiên của trò chơi là từ thế kỷ tàn, khi nó được đặc biệt nổi tiếng với các quý tộc Pháp.

Ngày nay, các bạn sẽ tìm thấy nhiều biến thể khác nhau cho cả các sòng bạc đất và tất nhiên là cả trên mạng.Hầu hết các sòng bạc Mạng sẽ cung cấp một số trò chơi baccarat, cùng với ổ chuột chơi baccarat sống thường là một sự lựa chọn phổ biến cho cầu thủ.

Có vẻ như Baccarat là một trong những trò chơi s òng bạc tuổi cao nhất thế giới và được hình dung là do một tay cờ bạc người Ý tên Felix Falguide ở tuổi trung niên.

Vào cuối thế kỷ XIX, cuộc chơi đã tìm được đường tới Mỹ, bởi vì người Châu Âu đã đi qua Đại Tây Dương.Nhưng không phải cho đến năm 1950s nó đã trở nên phổ biến trong các sòng bạc, với các biến thể (chơi gôn to banco, baccarat banque và chemin de fer) trở nên phổ biến.

Jan 24 '21 · 0 comments

NetEntt đã phát hành trò chơi Baccarat đầu tiên, được xem là một sản phẩm cao tốc, nóng tính, đáng xếp theo nhu cầu cho các biến thể mới trong game\ 817thích.Three speed Bacara tables are xây dựng bởi nhà cung cấp, two of which appear in its physical studio và add to its Current range of BlackJack và Roulette games.Get more news about nhiều ưu đãi,you can vist hanoibetting

Một chiếc khác có thể làm bàn đơn độc, hỗ trợ cho các công nghệ chìa khóa sắc của NetEntt, cung cấp giải pháp cho các đối tác viên có thể được cá nhân ngay lập tức phục vụ cho các hãng.

Andrew Rengifo, NetEnt Live director said: 820; Việc ra Bacara sẽ cho phép chúng ta đến với các cầu thủ mới và hỗ trợ nhu cầu của các đối tác của chúng ta cho các biến thể mới hơn và đa dạng hơn.

Jan 24 '21 · 0 comments

Nói một cách đơn giản, baccarat có thể được gọi là trò chơi bài có hai tay, tức là chủ ngân hàng và người chơi, và có thể chơi trực tuyến trên các ứng dụng cờ bạc và ngoại tuyến tại các sòng bạc.Có chủ yếu bốn sự khác biệt trong trò chơi này: chơi gôn banco, chemin de fer, bacara banque, và Macao, chuyện sẽ được thảo luận chi tiết sau.Get more news about trò chơi câu cá,you can vist hanoibetting

Trò chơi cờ bạc này được người ta yêu thích nhất và chơi ở hầu hết các nước trên thế giới theo quy định cơ bản- để có tám hay chín trong hai lá bài đầu hoặc để rút một thẻ để có một điểm chín hoàn hảo hoặc gần chín.Một điểm chín hoàn hảo trong thẻ tối thiểu là mục đích chính, nó được điểm chín và đóng cho chín sẽ thắng trò chơi và nhận được tất cả tiền đổ xuống trong trò chơi.

Không có giá trị của Jack, Queen và King trong trò chơi, tức là sẽ không có đi ểm nào cho những lá bài đó.Đầu chữ ách được xem là một điểm, và không có Joker sử dụng.Mọi sự biến đổi của bacara sẽ theo hệ thống cơ bản này.nguyên tắc.được chỉ định cho các cầu thủ, và Banco được chỉ ra cho nhà băng.This variation is also called North American bacara và largely playted in the United States's regions, the American kingdom, Canada, Australia, Sweden, Phần Lan, và Macau.Punto banco xử lý một chiếc giày có sáu hay tám bộ bài xếp ngang nhau.Sự thay đổi này của trò chơi liên quan đến số cầu thủ cao nhất, thường lên tới 14 có thể chơi cùng một lúc.

Người chia bài hay chủ tịch làm sự pha trộn hoặc xào bài và sau đó phân phát nó giữa các cầu thủ.Người chơi không có quyền quyết định về thẻ thứ ba, và kết quả sẽ được xem xét bằng sự kết hợp của hai lá bài và được công bố bởi người chủ.Luật của người chơi nói rằng nếu người chơi có giữa 1-5, họ được phép cào thẻ thứ ba, và nếu họ có điểm bắt đầu của 6-8, rút thẻ thứ ba ra không được phép, và họ có thể đứng vững.

Jan 24 '21 · 0 comments

The Financial Times Global MBA Ranking 2020 saw Harvard Business School named the best in the world for the sixth time in the FT ranking’s 21-year history. But it’s the rise of business schools in China which has been the most noticeable change over the past decade.To get more news about china best business school, you can visit acem.sjtu.edu.cn official website.

Nine Chinese schools were ranked in the FT’s top 100 in 2020 (seven in the top 50), compared with just three in 2010. US schools still dominate the ranking, with 51 of the top 100 from the United States, the birthplace of the MBA degree. But, together with the UK, China is now home to the most FT-ranked schools after the US.The rise of Chinese business schools in the FT MBA ranking runs alongside China’s rise as a world economic superpower. A wave of successful businessmen, who got rich quick during China’s boom, demanded more formal management education—and that desire soon spread. The last decades have seen a proliferation of Chinese business schools launching MBA programs and gaining some global acclaim. The strong performance of Chinese schools in the FT MBA ranking can be explained, in part, by the ranking’s methodology.The FT places a strong emphasis on jobs data: placement rates and average salaries three years after graduation. It also takes into account measures like career progression, value for money, and the diversity of the MBA class.

Chinese schools tend to perform well for value for money and the salary increases their students—who start from a lower base than their Western counterparts—achieve after graduation.Take, for example, the MBA at Shanghai Jiao Tong University’s Antai College of Economics and Management, one of the oldest and most prestigious schools in China. Antai is ranked the 37th best business school in the world and third in mainland China by the FT. But it’s when you break down the FT data that you discover the true value of the MBA. Antai boasts a 100% employment rate, meaning every MBA student surveyed by the FT got a job after graduation.

That’s more than any other Western or mainland Chinese school. The school says most students go on to work in the financial services, manufacturing, and technology industries. MBA graduates from Antai can expect a huge 201% average increase on their salaries from when they entered the program—the third highest globally—with graduates enjoying a potential average salary of over $130,000 three years after graduation. Accordingly, Antai is ranked 13th in the world and second in China for value for money by the FT, which takes into account the program’s tuition fees. While business schools in the US charge upwards of $100,000 for their MBA programs, schools in China tend to be more affordable. Antai charges $44,000 for its two-year MBA program.

Jan 24 '21 · 0 comments

Here is a spooky financial scenario: over seven million Americans are more than three months behind on their loan payments. Some owe much more than the asset is actually worth. And many of those loans are “subprime,” taken out by borrowers with poor credit.To get more auto finance news, you can visit shine news official website.

Sound familiar? No, it’s not the housing crisis of more than a decade ago—it’s auto loans, circa 2020. And it’s making some economists very nervous indeed. “There are a few things that are worrying: The amount being financed, the shoddy underwriting for consumers with weaker credit, and the negative equity being rolled over from one loan to the next,” says Greg McBride, chief financial analyst for personal finance website Bankrate.com. “We’ve seen this movie before on the mortgage side—and it didn’t end well.”So what’s going on? While headline economic numbers like stock-market averages have been faring well, and the wealth of the 1% has been ballooning by trillions, lower-income Americans are suffering—and it’s showing up in their car loans.

We haven’t heard much about these loans, since many politicians and activists are focused on other kinds of debt—like student loans, now at a whopping $1.6 trillion, according to the Federal Reserve. But auto loans aren’t far behind: They too have rocketed past a trillion, and now stand at around $1.2 trillion, according to a report by credit agency Experian. And the condition of those loans is worrisome. Almost 5% of the total auto-loan balance is now more than 90 days delinquent, according to the Household Debt and Credit report from the New York Fed. That’s the highest share since the post-financial crisis days.

The portion of the total that is rising the fastest: “Deep subprime,” or those with credit scores between 300-500. Those debts rose 7.8% year-over-year, according to Experian’s “State of the Automotive Finance Market” report. “In the mortgage market, the percentage of subprime loans is now very low,” says David Musto, a finance professor at the University of Pennsylvania’s Wharton School. “But with car loans, the percentage of subprime is right where we were before—and with a bigger balance. And with longer terms on those loans, it means people are spending longer time in a negative-equity situation.”

Jan 24 '21 · 0 comments

China's economy grew more than expected last year, even as the rest of the world was upended by the coronavirus pandemic.To get more Shanghai economy news, you can visit shine news official website.

The world's second largest economy expanded 2.3% in 2020 compared to a year earlier, according to government statistics released Monday. It's China's slowest annual growth rate in decades — not since 1976 has the country had a worse year, when GDP shrunk 1.6% during a time of social and economic tumult. But during a year when a crippling pandemic plunged major world economies into recession, China has clearly come out on top. The expansion also beat expectations. The International Monetary Fund, for example, predicted that China's economy would grow 1.9% in 2020. It's the only major world economy the IMF expected to grow at all. The pace of the recovery appears to be accelerating, too: GDP grew 6.5% compared to a year ago, faster than the third quarter's 4.9% growth.

"The performance was better than we had expected," said Ning Jizhe, a spokesman for China's National Bureau of Statistics, at a press conference in Beijing. The country scrapped its growth target last year for the first time in decades as the pandemic dealt a historic blow to the economy. GDP shrank nearly 7% in the first quarter as large swaths of the country were placed on lockdown to contain the spread of the virus. Since then, though, the government has attempted to spur growth through major infrastructure projects and by offering cash handouts to stimulate spending among citizens. Industrial production was a particularly big driver of growth, jumping 7.3% in December from a year earlier.

"In and out of lockdown ahead of everybody else, the Chinese economy powered ahead while much of the world was struggling to maintain balance," wrote Frederic Neumann, co-head of Asian economics research at HSBC, in a Monday research report. This has "put a floor under growth" in other regional markets, he added. Surging Chinese investment in infrastructure and property, for example, has been a boon to countries like Australia, South Korea and Japan that exported supplies to China. Trade has also been strong. China's overall surplus for the year hit a record $535 billion, up 27% from 2019, according to statistics released last Friday.

Analysts pointed out that the country benefited from a lot of demand for protective gear and electronics as people around the world worked from home. Chinese markets reversed opening losses Monday to rise following the announcement. The Shanghai Composite (SHCOMP) gained 0.8%, while the Shenzhen Component Index — a benchmark for the city's tech-heavy exchange — rose 1.6%. Hong Kong's Hang Seng Index (HSI) increased 1%. There are still some weak spots, though. Retail sales lost a little steam in December, rising 4.6% compared to November's 5%. For the entire year, retail sales slumped 3.9%. Ning, the National Bureau of Statistics spokesperson, blamed the waning sales on a resurgence of coronavirus in some places.

Jan 24 '21 · 0 comments
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