Forex News 24
  • RSS

news

Korean Retreat: Kim Changes Tune, Threatens Summit

Korean Retreat: Kim Changes Tune, Threatens Summit
админ
16/05/2018

North Korea Might Backtrack

67a97e75cf31d1442f9df3a93808408d - Korean Retreat: Kim Changes Tune, Threatens Summit

True to form, the Korean leader Mr. Kim has begun the well understood ritual of giving with one hand and taking back with the other. The routine has been honed by the 3 generations of the Kim dynasty, going back to the war the grandfather of the current ruler fought with the UN forces. He now says that he will not be forced into disbanding his nuclear weapons arsenal nor is the summit with Trump a foredrawn conclusion.

Swiss Franc Corrects

The Swiss Franc, aka the Swissie, has been correcting for the last month, gaining strength against the major trading currencies worldwide. We say correcting because this is the universal term used when price changes direction from the major trend that is underway. That major trend is called the secular trend. These corrections are common and a function of simple human nature. As a trend remains in train for a long time the proclivity of traders is to take profits out of the trend now and then. The long term weakening of the CHF goes back to early September 2017.

c139eda6fec24b2ee1d233524de1d747 - Korean Retreat: Kim Changes Tune, Threatens Summit

DAX Slowly Works its Way Up

2dcd17f43bf0cdfc91e8ae6567a52309 - Korean Retreat: Kim Changes Tune, Threatens Summit

The world’s stock markets are slowly grinding their way back to their level prior to the falls of February. Buying continues not only in the DAX but throughout practically all of the major stock markets of the world. These are not raging bull runs, but rather slow and steady gains made day by day. Remember, the markets were at all-time highs prior to the last panic. They are not going to rescale those heights overnight. They will approach that pinnacle where so much money was lost with caution.

Siemens Up

The giant world beating conglomerate: she makes literally thousands of products in hundreds of market sectors, is on the run lately and is a fine buying opportunity today.

16cd287fdb69a2ade268414ccc1ffcca - Korean Retreat: Kim Changes Tune, Threatens Summit

Source

Related ItemsDAXlostmarketmarketspricestock marketstradingTrump
news
16/05/2018
админ
Related ItemsDAXlostmarketmarketspricestock marketstradingTrump

More in news

273116ff712463a8fe797bc26d4bddd2 400x240 - Major policy change for the FED

Major policy change for the FED

админ30/08/2020
Read More
5ecd652efa96beb5e9daab8a81713e20 400x240 - Powell expected to preview Fed’s policy framework

Powell expected to preview Fed’s policy framework

админ27/08/2020
Read More
1cfd53e4dc84605be8f34b32e1fc08ff 400x208 - European markets look defensive

European markets look defensive

админ26/08/2020
Read More
Scroll for more
Tap

Last news

  • 273116ff712463a8fe797bc26d4bddd2 95x60 - Major policy change for the FED
    Major policy change for the FED
    news30/08/2020
  • 5ecd652efa96beb5e9daab8a81713e20 95x60 - Powell expected to preview Fed’s policy framework
    Powell expected to preview Fed’s policy framework
    news27/08/2020
  • 1cfd53e4dc84605be8f34b32e1fc08ff 95x60 - European markets look defensive
    European markets look defensive
    news26/08/2020
  • cbda506728f805be55e3597fd478b623 95x60 - Another record-setting session for U.S. stocks futures
    Another record-setting session for U.S. stocks futures
    news25/08/2020
  • 3c51d052540d35f9b8497fc0b1942d58 95x60 - $50M worth of cryptos or more left China
    $50M worth of cryptos or more left China
    news23/08/2020

Tags

american Asia Bitcoin China cryptocurrency currency Dollar dollar index economic Economists EUR euro Fed Federal Reserve forex futures GBP GDP Germany Index inflation interest rate interest rates Japan losses lost market markets monetary policy Oil price prices rate rates retail rise risk sales trade trade war trading Trump UK United States US

Copyright © 2019 Forex News 24, all rights reserved.

FX levels to watch – EUR/USD, GBP/USD and AUD/USD
Cryptocurrency Daily Roundup – May 16