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As the government of India looks to gradually reopen the economy, creative and cultural industries, a sector that has already been impacted by the ongoing pandemic, may be among the last to recover from the economic downturn. As the arts nurture public health and as cultural diversity is an essential aspect of the nation’s fabric, it is critical to keep this sector afloat.To get more news about importance of art in history, you can visit shine news official website.
For several reasons, creative and cultural industries are poised to suffer enormous losses. Many of India’s performing arts, museums and heritage sites have come to be tied to tourism, another sector poised to recover slowly as travel and social distancing restrictions will continue for some time. The perception that the arts and humanities are not essential to our society is entrenched. Since many artists, arts organisations and cultural workers have been the recipient of meagre grants from the government and philanthropic trusts even before the pandemic, their resources will diminish first.
To counteract this, the development of a forward-looking cultural policy is the need of the hour. Recent symbolic gestures by the Union Ministry of Culture — such as inducting regional weaving traditions into national lists of intangible cultural heritage and illuminating the forecourt of the Red Fort with oil lamps — will neither preserve these practitioners nor the sites. A recognition that the arts positively affect our bodies and minds is an elementary first step in formulating a new policy. Art fosters awareness, enhances social skills, increases self-esteem and slows cognitive decline. Many studies have shown that activities such as viewing a painting, listening to music or watching a performance strengthen learning, reduce anxiety and heal trauma. Therefore, the arts are promoters of healthier communities in the intermediate and long term. If the past is any guide, then by turning to it we might learn of other benefits of investing in the arts in times of crisis. As a famine extended its grip in Bengal in the 1940s, artists such as Zainul Abedin and Chittaprosad made sketches of the unfolding human tragedy.
Some exhibited their work, others arranged for their speedy and inexpensive publication. Even as these ventures drew the colonial government’s ire, they inspired fellow Indians to contribute resources to ease the suffering of those most impacted by the catastrophe. Two decades later, a severe drought hit Bihar. Pupul Jayakar, the then head of the handicrafts board, encouraged the women of the Mithila region to transfer compositions they had hitherto reserved for their nuptial chambers to paper.
With Indira Gandhi’s support, Jayakar marketed these rustic paintings to urban audiences by emblazoning their images on trains, hanging them in hotel lobbies, selling them in emporia and showcasing them at international festivals. Since then, a dedicated group of anthropologists, designers, museum professionals and government officers has revived many other ritual art traditions, including some on the verge of extinction. As a result, their makers have enjoyed fame, their rural communities have prospered and new forms of cultural expression and regional identity have flowered.
Alongside arts practitioners, now is the time to support arts scholars. Given the closure of Archaeological Survey of India-protected monuments, budgets allocated for repaving walkways, growing exotic flowers on lawns and installing dynamic lighting systems should be transferred to fellowship schemes for students and scholars of archaeology. Funds apportioned for the construction of grandiose experiential museums in the recently-concluded budget session should be transferred to charitable trusts devoted to advancing the history, conservation and enjoyment of art. These trusts should be allowed to help existing museums pay the salaries of positions critical to their missions and cover other essential expenses. The Ministry of Culture should publicise its pension and medical aid scheme for artistes facing hardships, simplify the application process and expedite fund disbursal.
Using these parameters, we tested each of the technical indicators on its own on the daily time frame of EUR/USD over the past 5 years.
We are trading 1 lot (thats 100,000 units) at a time with no set stop losses or take profit points.
We simply cover and switch position once a new signal appears. This means if we initially had a long position when the indicator told us to sell, we would cover and establish a new short position. Also, we were assuming we were well capitalized (as suggested in our Leverage lesson) and started with a hypothetical balance of $100,000. Aside from the actual profit and loss of each strategy, we included total pips gained/lost and the max drawdown. Again, let us just remind you that we DO NOT SUGGEST trading forex without any stop losses. This is just for illustrative purposes only! Moving on, here are the results of our backtest.
Forex trading is similar. It is an art and as traders, we need to learn how to use and combine the tools at hand in order to come up with a system that works for us. This brings us to our next lesson: putting all these indicators together!
Forex transactions require a high execution speed, because transactions need to be done immediately. Traders can adjust their transactions with the change of the market. The quotations traders get are always based on the real-time market. In addition, traders only need to pay spread fee, due to the fierce competition in the market, which causes most brokers to offer fairly low spread.
A Futures contract is a kind of financial agreement between a buyer and a seller for delivering a commodity at a certain time in the future. And the buyer buys a futures contract, which means that he agrees to buy a commodity at a fixed price in the future, and the seller must sell it at the agreed price. The delivery date can be a week, a month, a quarter or even a year. Traders in the futures market can also trade in both directions.
Compared with the forex market, the futures market is much smaller, with an average daily trading volume of about $50 billion. Therefore, the liquidity of futures is much smaller than that of the forex market. Unlike forex, futures transactions must be conducted in trading centers. CME, the Chicago Mercantile Exchange, has the most traded futures contracts. In addition, Intercontinental Exchange (ICE) and European Futures Exchange (Eurex) are also exchanged with a large trading volume.
The delivery price of futures trading is uncertain. Futures trading usually does not take place immediately, so it is difficult for traders to know exactly how many goods they can buy or sell.
In the futures market, investors need to pay spread fees, commission fees, settlement and exchange fees. These fees can accumulate quickly and will consume traders profits eventually.
WikiFX suggestions: If you are preferring simple trading, it is more appropriate to choose forex than futures. The forex market has high liquidity and its openness to retail traders can provide a fairly good investment environment. The retail traders of futures account for relatively few, and its high risk makes the futures market more suitable for investors with certain trading experience. Whether you decide to trade forex or futures in the end, the most important thing is to make a trading plan, strictly follow the principles, and stick to it.
The following day, OPEC+ will be convening to discuss whether or not to extend record-production cuts into August at 9.6 million barrels per day or the original plan of 7.7 million bpd. In either case, a lack of coordination and signs of internal discontent – like what had occurred at the OPEC meeting March – could catalyze higher-than-usual price swings in Brent.
Countries like Iraq, Nigeria and Angola, who failed to meet supply cut quotas in May, are causing a stir an internal political deliberations among other members who are demanding a stricter enforcement mechanism. As a way to compensate overproduction, Angola has offered to cut production even deeper in the fall, but sources indicate that this has failed to placate the angst of its peers.
Euro Eyes EU Leaders Summit
Between July 17-18, leaders of the 27 EU member states will convene to discuss a EUR750b aid package to help restore economic activity in the virus-hit bloc. The funds would be allocated to the countries and sectors hit hardest by the Covid-19 pandemic and would come in the form of grants – EUR500b – and loans – EUR250b.
However, this major policy initiative has also widened the rift between the traditionally more fiscally-conservative North and their Southern counterparts. Members of the former want to reduce the amount of aid distributed through grants, while the latter prefers less of it in the forms of loans. Mediterranean states like Italy still have a bitter taste in their mouths from the Greek debt crisis and the austerity measures that followed.
Failure to reach consensus could see sovereign bond yields on comparatively riskier debt – like Portugal, Italy, Greece and Spain – rise at the expense of the Euro and regional equity indices. At a time of great division, the politically-sensitive Euro needs now more than ever signs of unity, stability and coordination. Doubt there could cause it to plunge against the anti-risk Japanese Yen, Swiss Franc and haven-linked US Dollar.
Earnings Week
This week, a cascade of earnings data will be sweeping across markets, potentially creating an environment of high volatility. Some note-worthy firms that will be releasing quarterly earnings data this week include Blackrock, Goldman Sachs and Wells Fargo. Large-cap technology stocks in particular have prospered amid the pandemic, though the party may have left smaller-cap peers out in the cold.
Since the selloff in March, North American global equity markets have experienced a double-digit bounce and has resulted in elevated stock prices. Earnings data may therefore be a rude awakening if the reports give investors a feeling that asset valuations are overinflated. A risk-off tilt may then ensue if traders liquidate their positions across the world and subsequently push cycle-sensitive assets like AUD and crude oil lower
Gold is expected to keep rallying due to the factors above. Notably, gold‘s resistance level is at 1,788 USD, and the resistance level of gold extended wave is at 1,802 USD. At the same time, we cannot rule out the possibility that gold price would first challenge one of the two resistance level above, and then drop sharply. Especially when USD soars due to a nasty tumble of US stock, gold would be under more pressure to drop. It is worth noting that gold’s key level is at 1,745 USD. If gold fails to hold up the level, it will plummet.
In terms of WTI futures, it has the opposite trend of gold. Without the function of safe haven, oil prices are in a bad way because of a worse situation of COVID-19 and falling stock. WTI futures‘ reached the resistance level of 41.60 USD last week, and then dropped back to 37.09 USD. And WTI futures are likely to break the level of 37.09 USD, and further to approach the key level of 34.37 USD. The global stocks’ greater pressure to drop and the recent sharp rally of oil price may have a big chance to bolster the reproduction of US Shale and the significant increase of crude oil supply. Therefore, WTI futures are possibly to challenge another major support level of 30.72 USD. And it is estimated that oil prices will fluctuate horizontally in the range of 41.60-30.72.
USD was punished again by the United States figures, the PPI has decreased by 0.2%, even if the specialists have expected to increase by 0.4%, while the Core PPI has dropped by 0.3%, versus 0.1% drop in May, the market has expected to see a 0.1% growth in June. Unfortunately, the poor numbers have forced the greenback to lose significant ground versus its rivals.
The US Dollar Index has come back down to test and retest the 78.6% retracement level, a valid breakdown from this minor range between the 96.43 and the 97.74 levels could announce a further drop at least till the 96.00 psychological level.
As I‘ve said higher, a USDX’s further drop will push EUR/USD higher, we have a strong negative correlation between these two instruments. The pressure is high as long as the rate stays below the 61.8% (97.14) level and below the upper median line (UML).
Ive said in my previous analyses that only a valid breakout from this descending pitchfork, above the upper median line (UML) will really announce a USD major increase versus the other currencies.
The 96.00 level represents a critical support zone, a valid breakdown below this area will validate a further drop and the USD‘s major depreciation, while a false breakdown with great separation, reversal pattern, will suggest that the decline is finished and that the USDX will start another leg higher which will the dollar’s recovery.
Also, a rebound from the 78.6% (96.43) level could signal a bullish momentum because most likely the index will resume its sideways movement.
EUR/USD is traded at 1.1325 level and it seems determined to escape also from the minor range pattern. The price has decreased from 1.1370 Thursdays high and it has retested the upper median line (UML) of the descending pitchfork, a valid breakout above the 1.1348 will suggest buying again and it could validate a further upside movement.
The R1 (1.1404) is seen as static resistance, I believe that EUR/USD will ignore this obstacle if it will make a valid breakout above the 1.1348 level. The 1.1495 and the R2 (1.1574) could be used as near-term upside targets.
A further upwards movement will be invalidated only if the USDX will edge higher and if EUR/USD will drop below the 1.1200 again.GBP/USD has retested the broken upper median line (uml) of the minor descending pitchfork and now is pressuring the 1.2647 static resistance, a valid breakout above this level will signal a potential increase towards the median line (ML) of the major black ascending pitchfork again.
You can see that the pair has found strong support on the 50% Fibonacci line of the major ascending pitchfork, so technically, it is somehow expected to be attracted by the median line (ML) again.
GBP/USD has moved higher between the median line (ML) and the 50% Fibonacci line, so the outlook is still bullish. The price has failed to touch the median line (ml) of the minor descending pitchfork, so the rally towards the upper median line (uml) and towards the 1.2647 was expected.
A minor decrease could appear only if the GBP/USD will make a false breakout above the 1.2647. The 61.8% retracement level and the R1 (1.2725) are seen as strong resistance levels as well, a valid breakout above these levels will confirm a further rally at least till the median line (ML).
This has been confirmed that Blizzard will officially release the content of Phase 2 on Tuesday, November 12, which includes the PVP Honor System and the new World Bosses update. Moreover, what fans are most looking forward to is the major content of the next expansion, such as the game story, the quests to complete, as well as the main characters.
The arrival of Sylvanas Windrunner, fallen leader of the Horde, revealed the veil between Azeroth and the realm of the dead, which directly threatens the balance between life and death throughout World of Warcraft: Shadowlands, and the heroes of Azeroth must complete for dealing with these consequences well.
Shadowlands will bring the players to a strange place and encounter some of the departed legends of the Warcraft universe, like Uther the Lightbringer, a hero who once fought against the dark forces of darkness.
What's more, the players always want to figure out the actual meanings of worldwide PVP, which is featured to compare every player on the server's efforts throughout the honor system.Until then, the players can track the honor by honorable kills throughout the entire server, based on getting kills from the opposing faction.
After that, all the players will be divided into different ranks according to their Honorable kills from the previous week, and every 14 ranks are grouped a faction, the higher the rank, the more difficulties to get them.
Once you achieve a rank, you'll get the rewards including the lowest ranks of Horde Scout and Alliance Private.
As a result, you have to kill as much as you in the Honor System to achieve your own honor.Phase 2 is still a part to be expected, even if it's not perfect, and you are able to earn more rewards with much fun. Beyond that, there are two new world bosses, Azuregos and Lord Kazzak, someone will kite them into major cities soon.
Since you always need Gold to complete your task or buy advanced equipment, you can't play Phase 2 very well. And farming is a chore for most players,
The site is selling a variety of in-game products related to WOW series, mainly featured WOW Classic Gold and WOW Classic Items, and it can be guaranteed that all products are really legal and usable.
World of Warcraft Shadowlands is set to release on or before December 31, 2020, Blizzard claimed, if everything runs smoothly, we might play the expansion in the first half of 2020.With Shadowlands, you would encounter unprecedented challenges throughout the realm of the dead in Warcraft lore, featured the first "level squish" and an overhauled leveling system. Beyond that, more quests will be added to the new update in different zones, dungeons, as well as raids.
Knowing that you expect WOW Shadowlands for a long time, but it won't happen until a few months later. And during which, World of Warcraft Classic will continue to add new game system for all consisting of six phases.
Do prepare well for the new expansion, maybe you just want to farm gold in Azeroth, but it means that it could take up a lot of your time. On the contrary, you can buy WOW Gold to skip directly the boring and repeated work, you'd better do it like someone else, or you will fall behind.
Here, it owns the world's leading World of Warcraft Gold, and more in-game items, this is a store dedicated to service related to WOW series, moreover, WOW Classic Gold is also available there, anyway, you can always find what you want on the site, even the CD Keys and Boosting.
The Idaho Lottery says one lucky player has a winning ticket that's
worth the top prize of $381,000 from Saturday night's draw of the Idaho
Cash game.Get more news about 菲律宾彩票包网服务,you can vist loto98.com
The winning ticket was sold in Ada County.The winning numbers were 07, 12, 13, 19, and 24.
"Everyone who played Idaho Cash for last Saturday night's draw needs to
check their tickets carefully for winners," said Jeff Anderson, Idaho
Lottery Director. “This is the single largest jackpot won on Idaho Cash
since it began in 2017.”
The winner has 180 days from the draw date to claim their prize.
In accordance with Governor Little’s stay-home order, Idaho Lottery offices are currently closed to the public.
All winners are encouraged to sign the back of their ticket and keep it
in a safe place until claiming their prize at the Idaho Lottery office
in Boise.
Players also have the option to mail winning tickets to the lottery office for payment. These winners will be paid weekly.
The winner can contact the Idaho Lottery during regular business hours
at 208-334-2600 with any questions about claiming their prize.
On Tuesday, the Idaho Lottery announced someone purchased a Lucky for Life ticket in Bannock County for last night’s draw. The winning ticket matched the first five numbers, but not the Lucky Ball, and is worth $25,000 a year for the winner’s life. The winning numbers from last night’s draw were 09, 13, 34, 36, 46, and the Lucky Ball was 10, according to a Idaho Lottery news release.
“We are encouraging everyone who played Lucky for Life for last night’s draw to check their tickets carefully for winners,” Idaho Lottery Director Jeff Anderson said in the news release. “The winner should sign their ticket immediately and contact the Idaho Lottery to make arrangements for collecting their prize.”This is the sixth time an Idaho winner has won the $25,000 a year for life prize playing Lucky for Life.Last night’s winner has 180 days to claim their prize from Idaho Lottery headquarters in Boise. The winner has the option of taking a one-time, lump sum cash option of $390,000 or receiving $25,000 a year for as long as they live