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The European Union is preparing to use an emergency 2.4-billion- euro
($2.7 billion) fund to make advance purchases of promising vaccines
against the new coronavirus, EU officials told Reuters.To get more news
about WikiFX, you can visit wikifx news official website.
The move was discussed at a meeting of EU ambassadors on Wednesday, after Germany, France, Italy and the Netherlands said they were speeding up negotiations with pharmaceutical companies to secure access to vaccines currently under development.
The EU rainy-day fund, known as the Emergency Support Instrument (ESI), would also be used to increase vaccine production capacity in Europe and offer liability insurance to pharmaceutical companies, officials said, confirming a Reuters report in May.
The EU's push follows moves from the United States to secure vaccines under development, including almost a third of the first 1 billion doses planned for AstraZeneca's (AZN.L) experimental COVID-19 shot.
An EU official said it was necessary to do as the United States was doing, even if this meant losing money as many of the vaccines under development are unlikely to be eventually successful.
The bloc is ready to take higher financial risks as it fears not otherwise having rapid access to a vaccine against the virus that has killed 385,000 people worldwide.
The ESI fund is run by the European Commission, the EU executive arm, which acts on behalf of the 27 EU states.
German Health Minister Jens Spahn and his colleagues from France, Italy and the Netherlands wrote to the Commission saying they had joined up to “achieve the fastest and best possible outcome in negotiations with key players in the pharmaceutical industry”, German newspaper Handelsblatt wrote on Thursday.
The paper cited government sources as saying Germany, France, Italy and the Netherlands were talking to several pharmaceutical firms including AstraZeneca about government research funds and purchase guarantees.
AstraZeneca was not immediately available for a comment.
The four were also talking to Britain, Norway, Singapore and Japan about possible cooperation.
The EU is also worried that not enough doses might be available to rapidly vaccinate its population of nearly 450 million if a vaccine against the new coronavirus is developed.
It is working on a vaccination strategy to give priority to the people most in need, like medics, nurses and the elderly.
It remains unclear how the EU initiative will be coordinated with plans by individual member states to secure vaccines from pharmaceutical companies.
The move was discussed at a meeting of EU ambassadors on Wednesday, after Germany, France, Italy and the Netherlands said they were speeding up negotiations with pharmaceutical companies to secure access to vaccines currently under development.
The EU rainy-day fund, known as the Emergency Support Instrument (ESI), would also be used to increase vaccine production capacity in Europe and offer liability insurance to pharmaceutical companies, officials said, confirming a Reuters report in May.
The EU's push follows moves from the United States to secure vaccines under development, including almost a third of the first 1 billion doses planned for AstraZeneca's (AZN.L) experimental COVID-19 shot.
An EU official said it was necessary to do as the United States was doing, even if this meant losing money as many of the vaccines under development are unlikely to be eventually successful.
The bloc is ready to take higher financial risks as it fears not otherwise having rapid access to a vaccine against the virus that has killed 385,000 people worldwide.
The ESI fund is run by the European Commission, the EU executive arm, which acts on behalf of the 27 EU states.
German Health Minister Jens Spahn and his colleagues from France, Italy and the Netherlands wrote to the Commission saying they had joined up to “achieve the fastest and best possible outcome in negotiations with key players in the pharmaceutical industry”, German newspaper Handelsblatt wrote on Thursday.
The paper cited government sources as saying Germany, France, Italy and the Netherlands were talking to several pharmaceutical firms including AstraZeneca about government research funds and purchase guarantees.
AstraZeneca was not immediately available for a comment.
The four were also talking to Britain, Norway, Singapore and Japan about possible cooperation.
The EU is also worried that not enough doses might be available to rapidly vaccinate its population of nearly 450 million if a vaccine against the new coronavirus is developed.
It is working on a vaccination strategy to give priority to the people most in need, like medics, nurses and the elderly.
It remains unclear how the EU initiative will be coordinated with plans by individual member states to secure vaccines from pharmaceutical companies.
The University of Central Florida (UCF), founded in 1963, is located in
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By 2018, there will be 68571 students from undergraduate to doctoral. In order to provide academic degrees and special professional degrees. But the university has set up 12 colleges. Fake transcripts. How to make a fake transcript? Fake high school diploma and transcripts. Make a fake transcript. official college transcript. How to spot a fake diploma? which can provide 224 certificates of different degrees. Among them, there are 101 undergraduate degrees, 88 master’s degrees, 29 research-oriented doctoral degrees and 3 professional doctoral degrees. The school is located about 21 kilometers east of downtown Orlando. 89 kilometers east of the school is the famous “Detong Beach”. Since the 1990s, the University of Central Florida has developed rapidly, and its influence has expanded to the whole state of Florida, and it has 12 satellite campuses in the east central region of Florida.
By 2018, there will be 68571 students from undergraduate to doctoral. In order to provide academic degrees and special professional degrees. But the university has set up 12 colleges. Fake transcripts. How to make a fake transcript? Fake high school diploma and transcripts. Make a fake transcript. official college transcript. How to spot a fake diploma? which can provide 224 certificates of different degrees. Among them, there are 101 undergraduate degrees, 88 master’s degrees, 29 research-oriented doctoral degrees and 3 professional doctoral degrees. The school is located about 21 kilometers east of downtown Orlando. 89 kilometers east of the school is the famous “Detong Beach”. Since the 1990s, the University of Central Florida has developed rapidly, and its influence has expanded to the whole state of Florida, and it has 12 satellite campuses in the east central region of Florida.
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Despite this, the pass rate of undergraduate students is twice the national average. But the pass rate of master’s graduate students is the first in China, Buy NWU degree. Buy fake degree online. And the pass rate of doctoral graduate students is the third in China. International students come from Europe, the United States, Australia, Russia, Saudi Arabia, South Korea and South Africa. Northwest University has 9 colleges, including school of economics, School of Arts, School of education, School of science, School of engineering, seminary, School of law, School of Health Sciences and warhe campus, with a total of 34 Departments. The university has many research institutes: Institute of education. Still institute of economics, Institute of ecology. And institute of petrochemical industry, Institute of cosmic rays. Still international political research center, Institute of human culture.
Despite this, the pass rate of undergraduate students is twice the national average. But the pass rate of master’s graduate students is the first in China, Buy NWU degree. Buy fake degree online. And the pass rate of doctoral graduate students is the third in China. International students come from Europe, the United States, Australia, Russia, Saudi Arabia, South Korea and South Africa. Northwest University has 9 colleges, including school of economics, School of Arts, School of education, School of science, School of engineering, seminary, School of law, School of Health Sciences and warhe campus, with a total of 34 Departments. The university has many research institutes: Institute of education. Still institute of economics, Institute of ecology. And institute of petrochemical industry, Institute of cosmic rays. Still international political research center, Institute of human culture.
Hopeful quotes from some memorable individuals are now artistically
painted on business storefront windows in downtown Homewood, thanks to a
project by the Homewood Art Commission.To get more news about art can change the world quotes, you can visit shine news official website.
According to HAC president Greg Loudon, the group initiated the project as a way to provide paying work to two local artists, while offering inspiration to people passing through downtown during a strange time to be alive.The project was conceived as a response to the COVID-19 pandemic and resulting economic collapse.
“We’re always trying to find local talent and give them opportunities through the HAC,” Loudon said. “They’re not getting paid a lot for this, but we can provide something. We hope when people see how talented they are, they’ll get some other work out of it.”
Narita Sharma and Nina Harris are the two artists painting windows in downtown Homewood. The women both paint the artistic window signs seen at Bookie’s Bookstore. “I was always jealous of Bookie’s windows,” said Loudon, who is owner of Bottle & Bottega, nearby Bookie’s on Ridge Road.
HAC is paying the artists each $200 for their work, and Loudon said the organization asked Homewood businesses that signed up for a window quote to provide a donation to pay the artists.
“We suggest a $20 donation for the (artists),” Loudon said. “Some businesses are doing right around there, and some are doing more.”Sharma was recently found painting a quote sponsored by South Suburban Humane Society on a business window on Ridge Road.
The quote, from American anthropologist Margaret Mead, reads, “Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has.”Sharma said the quotes offer a good opportunity to try to bring some joy to people’s days.
“I hope it makes people in Homewood feel more positive when they walk by and see it,” Sharma said.
Like images, quotes also lend themselves to interpretation by the reader, Loudon said, as everyone “takes it their own way.” He also mentioned how much artistic talent it requires to paint words, as the two artists must determine what fonts, spacing and overall design will have the greatest impact.
“They have a great sense of composition and how to display type artistically,” Loudon said.So far nearly 20 businesses have requested a window quote. There’s no plan to remove them at any particular time, Loudon said.
According to HAC president Greg Loudon, the group initiated the project as a way to provide paying work to two local artists, while offering inspiration to people passing through downtown during a strange time to be alive.The project was conceived as a response to the COVID-19 pandemic and resulting economic collapse.
“We’re always trying to find local talent and give them opportunities through the HAC,” Loudon said. “They’re not getting paid a lot for this, but we can provide something. We hope when people see how talented they are, they’ll get some other work out of it.”
Narita Sharma and Nina Harris are the two artists painting windows in downtown Homewood. The women both paint the artistic window signs seen at Bookie’s Bookstore. “I was always jealous of Bookie’s windows,” said Loudon, who is owner of Bottle & Bottega, nearby Bookie’s on Ridge Road.
HAC is paying the artists each $200 for their work, and Loudon said the organization asked Homewood businesses that signed up for a window quote to provide a donation to pay the artists.
“We suggest a $20 donation for the (artists),” Loudon said. “Some businesses are doing right around there, and some are doing more.”Sharma was recently found painting a quote sponsored by South Suburban Humane Society on a business window on Ridge Road.
The quote, from American anthropologist Margaret Mead, reads, “Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has.”Sharma said the quotes offer a good opportunity to try to bring some joy to people’s days.
“I hope it makes people in Homewood feel more positive when they walk by and see it,” Sharma said.
Like images, quotes also lend themselves to interpretation by the reader, Loudon said, as everyone “takes it their own way.” He also mentioned how much artistic talent it requires to paint words, as the two artists must determine what fonts, spacing and overall design will have the greatest impact.
“They have a great sense of composition and how to display type artistically,” Loudon said.So far nearly 20 businesses have requested a window quote. There’s no plan to remove them at any particular time, Loudon said.
A recent survey conducted by Ipsos on behalf of LifeWTR shows that many
Americans believe the arts are an important part of the education
system, whether in elementary school (90%), middle school (93%), or high
school (92%) – and eight in ten say it is important for adults to
continue to have access to arts education outside of school (80%). Among
an oversample of adults who are defined as being ‘culturally curious’,
even more emphasis is placed on the importance of the arts in the
education system.To get more news about importance of art in history, you can visit shine news official website.
Americans believe an arts education is equally important to society today (79%) as it was ten to fifteen years ago (78%) and that it will remain an important part of society ten to fifteen years in the future (77%). Support for the continued value of an arts education is backed up by 91% of Americans who believe the arts are a vital part of a well-rounded education for K-12 students. Furthermore, 84% of Americans believe that arts and STEM subjects complement each other well.
Despite this support, the outlook for an arts education is not entirely positive. Eighty percent of Americans agree that arts education is not as valued as it used to be and 71% percent of parents report that their children have less access to arts in school due to budget cuts. Even though 93% of Americans believe finding a creative outlet is important for all ages, most adults still report that today’s fast paced world sometimes makes it difficult to take a moment to themselves (86%) and that as they get older they find themselves prioritizing taking time to be creative less often (70%).
Culturally curious parents appear more likely to enroll their child in schools that provide a stronger artistic education. Sixty-nine percent of American parents report that their students often or sometimes have the opportunity to explore creative exercises in school compared to 80% of culturally curious parents. Likewise, 67% of parents report that their children often or sometimes bring art projects home compared to 77% of culturally curious parents. Lastly, just 44% of all parents report that their children often or sometimes have field trips to visit art museums through their schools while 64% of culturally curious parents report the same opportunities for their children.
Among the core curriculum subjects taught in schools, reading (98%), math (97%), technology (96%) and science/engineering (96%) are seen as being the most important. At least nine in ten also believe it is important for schools to incorporate trade skills (93%) and social studies/history (90%) into school curriculums. The arts (81%) and languages (89%) fall slightly in importance among the general population, although culturally curious Americans are more likely to report these subjects as important with 95% among this group saying teaching languages is important and 89% reporting the arts as important. Women (86% vs. 76% of men) and those with a college degree (84% vs. 79% of those with no degree) are also more likely to stress the importance of the arts as an academic subject.
Despite the arts being reported as a slightly less important school subject, Americans identify it as an important subject for developing skills such as creativity (95%), communication (82%), collaboration (81%), and social skills (80%). More quantitative skills such as critical thinking (78%) or problem solving (73%) are also seen as being developed through the arts, but not as easily as some others. Culturally curious Americans are more likely to believe that the arts are impactful in developing these quantitative skills, including 84% who feel the arts help to develop critical thinking and 82% who say the same for problem solving. A similar trend is seen among Millennials, where greater proportions see the arts as helping to develop skills such as collaboration (85% vs. 78% of Baby Boomers), social skills (82% vs. 77%), and problem solving (76% vs. 69%).
Two thirds of Americans believe that without arts education, students will not be as prepared for the jobs of the future (64%) – and this jumps to 75% among the culturally curious. Among those who are employed, skills such as communication (97%), problem solving (96%), critical thinking (95%), social skills (94%), collaboration (93%), and creativity (83%) – all of which are rated as being positively impacted by arts education – are considered important to being successful in their career.
Americans believe an arts education is equally important to society today (79%) as it was ten to fifteen years ago (78%) and that it will remain an important part of society ten to fifteen years in the future (77%). Support for the continued value of an arts education is backed up by 91% of Americans who believe the arts are a vital part of a well-rounded education for K-12 students. Furthermore, 84% of Americans believe that arts and STEM subjects complement each other well.
Despite this support, the outlook for an arts education is not entirely positive. Eighty percent of Americans agree that arts education is not as valued as it used to be and 71% percent of parents report that their children have less access to arts in school due to budget cuts. Even though 93% of Americans believe finding a creative outlet is important for all ages, most adults still report that today’s fast paced world sometimes makes it difficult to take a moment to themselves (86%) and that as they get older they find themselves prioritizing taking time to be creative less often (70%).
Culturally curious parents appear more likely to enroll their child in schools that provide a stronger artistic education. Sixty-nine percent of American parents report that their students often or sometimes have the opportunity to explore creative exercises in school compared to 80% of culturally curious parents. Likewise, 67% of parents report that their children often or sometimes bring art projects home compared to 77% of culturally curious parents. Lastly, just 44% of all parents report that their children often or sometimes have field trips to visit art museums through their schools while 64% of culturally curious parents report the same opportunities for their children.
Among the core curriculum subjects taught in schools, reading (98%), math (97%), technology (96%) and science/engineering (96%) are seen as being the most important. At least nine in ten also believe it is important for schools to incorporate trade skills (93%) and social studies/history (90%) into school curriculums. The arts (81%) and languages (89%) fall slightly in importance among the general population, although culturally curious Americans are more likely to report these subjects as important with 95% among this group saying teaching languages is important and 89% reporting the arts as important. Women (86% vs. 76% of men) and those with a college degree (84% vs. 79% of those with no degree) are also more likely to stress the importance of the arts as an academic subject.
Despite the arts being reported as a slightly less important school subject, Americans identify it as an important subject for developing skills such as creativity (95%), communication (82%), collaboration (81%), and social skills (80%). More quantitative skills such as critical thinking (78%) or problem solving (73%) are also seen as being developed through the arts, but not as easily as some others. Culturally curious Americans are more likely to believe that the arts are impactful in developing these quantitative skills, including 84% who feel the arts help to develop critical thinking and 82% who say the same for problem solving. A similar trend is seen among Millennials, where greater proportions see the arts as helping to develop skills such as collaboration (85% vs. 78% of Baby Boomers), social skills (82% vs. 77%), and problem solving (76% vs. 69%).
Two thirds of Americans believe that without arts education, students will not be as prepared for the jobs of the future (64%) – and this jumps to 75% among the culturally curious. Among those who are employed, skills such as communication (97%), problem solving (96%), critical thinking (95%), social skills (94%), collaboration (93%), and creativity (83%) – all of which are rated as being positively impacted by arts education – are considered important to being successful in their career.
A number of stories have emerged pointing out a supposed disconnect
between “Main Street” — the US economy which is being hit by the
pandemic — and Wall Street — which has seen stocks rally.But there are
signs that the US economy has already bottomed and activity is starting
to come back.And since equities are forward looking, the gradual
recovery of the stock market actually makes sense.Does that mean things
in the economy are good? Of course not. But stocks tend to get better
before the economy is “good.”Neil Dutta is head of economics at
Renaissance Macro Research.This is an opinion column. The thoughts
expressed are those of the author.Visit Business Insider's homepage for
more stories.To get more news about NAVER, you can visit wikifx news official website.
With the stock market rallying sharply off its March 23 low, the usual cries have started: stocks are missing the economic reality, they're whistling by the graveyard, they're completely divorced from economic fundamentals.In the last week: the Economist claims “A dangerous gap has opened between America's stock market and the real economy.” Noted economic pundit Mohamed El-Erian argued that the “Market keeps distancing itself from the economy.” But that is not so surprising early on. Admittedly, current economic conditions are poor. Economic output has cratered, leaving widespread joblessness in its wake. But this does not necessarily mean equity prices should be substantially lower than they are now. The US equity market is not about whether economic conditions are good or bad. Rather, what matters is whether conditions are improving or getting worse.
Today, the evidence is mounting that economic conditions, while far from good, are starting to improve. This is why stocks are up.Hitting the bottomGenerally speaking, economic conditions can be thought of in two ways: momentum and level of activity. The momentum in the economy represents how quickly conditions are changing in relation to the past while level of activity in the economy measures how far conditions are from their historical averages.For instance, the US can add thousands of jobs — that shows positive momentum — while the unemployment rate — the level — remains well above its historically average. Momentum needs to be positive in order for the level of activity to improve. Consider the period following the 2009 recession. It took many years for the level of economic activity to return to potential, as the chart below demonstrates. Even as potential growth repeatedly got revised down, the level of growth hit potential sometime in 2017. Still, this period was an especially good one for stock prices even if for many, it “didn't feel like” a recovery.
Today, the evidence is mounting that the level of activity has bottomed – that is, conditions are not getting any worse – and the momentum in the economy has picked up somewhat.
Motor gasoline demand bottomed for the week ending April 10 and has been climbing, retracing about one-third of its decline since mid-March. Mortgage purchase applications also bottomed for the week ending April 10, similarly recouping about 40 percent of its plunge since mid-March. Passenger screenings at our nation's airports are also on the mend. The count is now about double the April 14 low, but still 93% off its year-ago level. Notice that the timing of this improvement precedes the formal lifting of shelter-in-place orders for nearly all states. Thus, it stands to reason that there is room for at least some improvement once formal lockdowns end.Of course, there are risks to the outlook. Double-dips in the economy are usually about policy choices. Almost always, double-dips are about policy choices after a recovery starts.For example, in 1982, the economy saw a deep recession after a brief recovery because the Federal Reserve tightened interest rates to take on inflation. In the case of the coronavirus pandemic, the policy choice would be to shut parts of the economy down if the virus spread gets worse.
With the stock market rallying sharply off its March 23 low, the usual cries have started: stocks are missing the economic reality, they're whistling by the graveyard, they're completely divorced from economic fundamentals.In the last week: the Economist claims “A dangerous gap has opened between America's stock market and the real economy.” Noted economic pundit Mohamed El-Erian argued that the “Market keeps distancing itself from the economy.” But that is not so surprising early on. Admittedly, current economic conditions are poor. Economic output has cratered, leaving widespread joblessness in its wake. But this does not necessarily mean equity prices should be substantially lower than they are now. The US equity market is not about whether economic conditions are good or bad. Rather, what matters is whether conditions are improving or getting worse.
Today, the evidence is mounting that economic conditions, while far from good, are starting to improve. This is why stocks are up.Hitting the bottomGenerally speaking, economic conditions can be thought of in two ways: momentum and level of activity. The momentum in the economy represents how quickly conditions are changing in relation to the past while level of activity in the economy measures how far conditions are from their historical averages.For instance, the US can add thousands of jobs — that shows positive momentum — while the unemployment rate — the level — remains well above its historically average. Momentum needs to be positive in order for the level of activity to improve. Consider the period following the 2009 recession. It took many years for the level of economic activity to return to potential, as the chart below demonstrates. Even as potential growth repeatedly got revised down, the level of growth hit potential sometime in 2017. Still, this period was an especially good one for stock prices even if for many, it “didn't feel like” a recovery.
Today, the evidence is mounting that the level of activity has bottomed – that is, conditions are not getting any worse – and the momentum in the economy has picked up somewhat.
Motor gasoline demand bottomed for the week ending April 10 and has been climbing, retracing about one-third of its decline since mid-March. Mortgage purchase applications also bottomed for the week ending April 10, similarly recouping about 40 percent of its plunge since mid-March. Passenger screenings at our nation's airports are also on the mend. The count is now about double the April 14 low, but still 93% off its year-ago level. Notice that the timing of this improvement precedes the formal lifting of shelter-in-place orders for nearly all states. Thus, it stands to reason that there is room for at least some improvement once formal lockdowns end.Of course, there are risks to the outlook. Double-dips in the economy are usually about policy choices. Almost always, double-dips are about policy choices after a recovery starts.For example, in 1982, the economy saw a deep recession after a brief recovery because the Federal Reserve tightened interest rates to take on inflation. In the case of the coronavirus pandemic, the policy choice would be to shut parts of the economy down if the virus spread gets worse.
Several hedge fund giants have raised their bullish bets on gold, according to Wall Street source.To get more news about Shi Jin Investment, you can visit wikifx news official website.
These include Elliott Management led by Paul Singer, Caxton Associates managed by Andrew Law and Dymon Asia Capital founded by Danny Yong.
According to latest Commitment of Traders report released by the US Commodities and Futures Trading Commission(CFTC) on May 1st, as of the week ending on April 28th, speculative net longs increased by 13,158 to 262,729 contracts, signaling a growing bullish bet on gold. Speculators are betting that a new round of monetary easing and fiscal stimulus to tackle coronavirus epidemic around the globe will lead to currency depreciation and benefit gold.
US Treasury estimates that net volume of US T-Bond in circulation in Q2, 2020 will increase by US$3 trillion, which creates a new quarterly record. Analysts observed that measures taken by major global economies in the name of fighting the pandemic are essentially printing money without limit, and in such case gold makes an ideal save-haven asset against depreciating currencies.
Alex Mashinsky, chief executive of Celsius Network, said the massive monetary easing policies by central banks would boost the performance of safe-haven gold, while the rest of the gains could be driven by low interest rates and disruptions to gold mining.
These include Elliott Management led by Paul Singer, Caxton Associates managed by Andrew Law and Dymon Asia Capital founded by Danny Yong.
According to latest Commitment of Traders report released by the US Commodities and Futures Trading Commission(CFTC) on May 1st, as of the week ending on April 28th, speculative net longs increased by 13,158 to 262,729 contracts, signaling a growing bullish bet on gold. Speculators are betting that a new round of monetary easing and fiscal stimulus to tackle coronavirus epidemic around the globe will lead to currency depreciation and benefit gold.
US Treasury estimates that net volume of US T-Bond in circulation in Q2, 2020 will increase by US$3 trillion, which creates a new quarterly record. Analysts observed that measures taken by major global economies in the name of fighting the pandemic are essentially printing money without limit, and in such case gold makes an ideal save-haven asset against depreciating currencies.
Alex Mashinsky, chief executive of Celsius Network, said the massive monetary easing policies by central banks would boost the performance of safe-haven gold, while the rest of the gains could be driven by low interest rates and disruptions to gold mining.
Bank of England recently announced the latest interest rate decision as
the 9 members of Monetary Policy Committee(MPC) agreed unanimously to
hold benchmark interest rate at 0.1%.To get more news about TurboForex, you can visit wikifx news official website.
MPC also voted by a majority of 7:2 to keep bond purchase volume at 6,450 pounds, which was in line with market expectation.The 2 policymakers proposed to add another 100 billion pounds to the current bond purchase scheme.
BOC noted that buying bond with the present speed will make the government reach the upper-limit of the purchase scheme by July.
It‘s estimated that the pandemic will cause a swift decline of British economy which is expected to be temporary, and the economy will slowly revive afterwards.BOC expected Britain’s GDP to shrink 25% in 2020s second quarter, but up by 15% in the whole year of 2021.
Bank of Englands Governor Bailey expects that the impact of the epidemic on economic demand will continue for about a year after lifting the lockdown restrictions. From previous experience,increasing QE is a negative factor for the pound, because issuing more pounds will lead to depreciation of the currency.
MPC also voted by a majority of 7:2 to keep bond purchase volume at 6,450 pounds, which was in line with market expectation.The 2 policymakers proposed to add another 100 billion pounds to the current bond purchase scheme.
BOC noted that buying bond with the present speed will make the government reach the upper-limit of the purchase scheme by July.
It‘s estimated that the pandemic will cause a swift decline of British economy which is expected to be temporary, and the economy will slowly revive afterwards.BOC expected Britain’s GDP to shrink 25% in 2020s second quarter, but up by 15% in the whole year of 2021.
Bank of Englands Governor Bailey expects that the impact of the epidemic on economic demand will continue for about a year after lifting the lockdown restrictions. From previous experience,increasing QE is a negative factor for the pound, because issuing more pounds will lead to depreciation of the currency.
Did you know that there is 4 seasons to the forex market. New traders
are often caught out attempting to trade the same strategy throughout
the year, often giving back their hard work during the winter and summer
doldrums seasons.To get more news about AAFT GLOBAL, you can visit wikifx news official website.
The daily turnover reached $6.6trillionin April 2019. That is a massive amount of turnover in anybodys language.
However, did you know that the retail market is only 5.5%of that total turnover.
As retail traders, we are at the mercy of the other 95% of the marketplace, hence our behaviour needs to reflect the institutions.
A Spring in your step for January.
As the Christmas and New year periods end. The traders return to their desks and the volume increases during mid January. A good time to trade.
Sell in May and go away – avoid the sun burn.
The summer holidays have arrived in the northern hemisphere, where the majority of traders are situated. Volume decreases and the market can be quite flat. Moves can be quite unpredictable as the moves are more impulsive based. This is a more difficult time of year to trade.
Its Labor Day..time to get busy
Around the time of Labor day in September, market activity increases as everyone is back at work from their summer holidays. This is a great time to trade. This period continues on till mid December.
Christmas Time – time to relax
Another very quiet period is the upcoming Christmas and New Year holiday time. Between mid December and mid January, volume again decreases, making it more difficult for traders. Beware of some quick impulses caused by a few high volume traders.
The daily turnover reached $6.6trillionin April 2019. That is a massive amount of turnover in anybodys language.
However, did you know that the retail market is only 5.5%of that total turnover.
As retail traders, we are at the mercy of the other 95% of the marketplace, hence our behaviour needs to reflect the institutions.
A Spring in your step for January.
As the Christmas and New year periods end. The traders return to their desks and the volume increases during mid January. A good time to trade.
Sell in May and go away – avoid the sun burn.
The summer holidays have arrived in the northern hemisphere, where the majority of traders are situated. Volume decreases and the market can be quite flat. Moves can be quite unpredictable as the moves are more impulsive based. This is a more difficult time of year to trade.
Its Labor Day..time to get busy
Around the time of Labor day in September, market activity increases as everyone is back at work from their summer holidays. This is a great time to trade. This period continues on till mid December.
Christmas Time – time to relax
Another very quiet period is the upcoming Christmas and New Year holiday time. Between mid December and mid January, volume again decreases, making it more difficult for traders. Beware of some quick impulses caused by a few high volume traders.
The American Dream might be more obtainable in several countries outside
the US. The Organisation for Economic Co-operation and Development
released a report in 2018 where it took an in-depth look at social
mobility across countries.One of the report’s findings was the varying
number of generations it would take someone born in a low-income family
to reach the country’s average income; for the US, it would take about
five generations.That was a longer time than several other wealthy
countries.Visit Business Insider’s homepage for more stories.The
American Dream of your children being more successful than you are might
be more attainable in other parts of the world than in the US.To get
more news about WikiFX, you can visit wikifx news official website.
The Organisation for Economic Co-operation and Development figured out how long it would take low-income families to get to their country’s average income, based on intergenerational income elasticity. That is, it measured how much children’s’ incomes depended on their parents’ incomes. On average among the 30 countries studied by the OECD, it will take four to five generations of children from a low-income family — families part of the bottom 10% of income distribution — to reach the average income in their country, according to the OECD’s report on social mobility in 2018. The US is on par with that average, taking five generations for someone born into a low-income family to reach the nation’s average income. One of the findings from the OECD’s report is that social mobility for earnings, education, and occupation is high in most Nordic countries. In many of those countries, it would take fewer generations for a low-income family to reach their country’s average income.These statistics are similar to findings in a 2018 report on economic mobility from the World Bank, which found that there are lots of high-income countries where the American Dream is more attainable than in the US.
Income inequality plays an important factor in intergenerational income mobility. The report said low-income families in low-inequality and high-mobility countries would take almost four generations to reach the average income. In contrast, high-inequality and low-mobility countries, which are typically emerging economies, take at least nine generations — double the average of countries part of the OECD.Interestingly, no countries had both high inequality and high mobility. This correlation between inequality and mobility has been noted as the “Great Gatsby Curve”, and it shows another pernicious effect of inequality.The following chart shows all the countries included in the report and their intergenerational income mobility.
Business Insider/Madison Hoff, data from the Organisation for Economic Co-operation and Development
Here are the 12 countries in the OECD study where it would take fewer generations for someone born in a low-income family to reach their country’s average income than someone born into a low-income family in the US to reach the nation’s average income, ranked from the shortest to the longest length of time.
The most recent available data for the Gini coefficient, a standard measure of income inequality in a country, is used to separate ties in the ranking, where 0 equals complete equality and 1 equals complete inequality. Figures come from the OECD, and represent years between 2014 and 2017.
The Organisation for Economic Co-operation and Development figured out how long it would take low-income families to get to their country’s average income, based on intergenerational income elasticity. That is, it measured how much children’s’ incomes depended on their parents’ incomes. On average among the 30 countries studied by the OECD, it will take four to five generations of children from a low-income family — families part of the bottom 10% of income distribution — to reach the average income in their country, according to the OECD’s report on social mobility in 2018. The US is on par with that average, taking five generations for someone born into a low-income family to reach the nation’s average income. One of the findings from the OECD’s report is that social mobility for earnings, education, and occupation is high in most Nordic countries. In many of those countries, it would take fewer generations for a low-income family to reach their country’s average income.These statistics are similar to findings in a 2018 report on economic mobility from the World Bank, which found that there are lots of high-income countries where the American Dream is more attainable than in the US.
Income inequality plays an important factor in intergenerational income mobility. The report said low-income families in low-inequality and high-mobility countries would take almost four generations to reach the average income. In contrast, high-inequality and low-mobility countries, which are typically emerging economies, take at least nine generations — double the average of countries part of the OECD.Interestingly, no countries had both high inequality and high mobility. This correlation between inequality and mobility has been noted as the “Great Gatsby Curve”, and it shows another pernicious effect of inequality.The following chart shows all the countries included in the report and their intergenerational income mobility.
Business Insider/Madison Hoff, data from the Organisation for Economic Co-operation and Development
Here are the 12 countries in the OECD study where it would take fewer generations for someone born in a low-income family to reach their country’s average income than someone born into a low-income family in the US to reach the nation’s average income, ranked from the shortest to the longest length of time.
The most recent available data for the Gini coefficient, a standard measure of income inequality in a country, is used to separate ties in the ranking, where 0 equals complete equality and 1 equals complete inequality. Figures come from the OECD, and represent years between 2014 and 2017.