European PMI’s will be the bigger driver this morning with CAD Data to follow early afternoon. Will be very interesting to determine whether we see more dovish euro sentiment. #trading#technicalanalysis#forex#daytrader
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Jumbo is planning to anchor growth in the domestic market through new outlet openings and new F&B concepts while riding on brand equity to expand overseas footprints.
Meanwhile, UOB KayHian says it will keep its 2019-21 earnings forecasts unchanged as it awaits announcements of any conclusion of new franchises or outlet openings.
“Maintain ‘hold’ with a PE-based target price of 41 cents, pegged to peers’ average 20x 2019F earnings. Entry price is 37 cents,” says analyst Yeo Hai Wei in a Thursday report.
Jumbo is planning to open more outlets in Singapore to drive growth in Singapore operations. In the next six months, the F&B group intends to open one Jumbo Seafood restaurant, one Teochew Cuisine outlet and two Tsui Wah Cha Chaan Teng outlets in Singapore.
In addition, Jumbo also cited the potential opening of one new outlet in Shanghai and up to two new outlets in Beijing. Management is also exploring JVs and franchises in other Chinese cities such as Shenzhen and Xiamen.
In South Korea, Jumbo has entered into a JV with TCI Inc, a subsidiary of Didim Inc, to launch Jumbo Seafood. The first Jumbo Seafood restaurant is targeted to be operational in Seoul by Sep 19.
In addition to new outlet openings in Singapore and overseas markets, management also remains open to M&A opportunities which can enhance Jumbo’s current brand mix or are complementary to its current business. Reported by: @readtheedge
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Bunge la Ulaya linathibitisha kuongeza muda wa Brexit kuanzia Machi 29 ili kuwapa bunge la Uingereza muda wakutengeneza mikataba yaku ondoka umoja wa Ulaya. Pair ya GBP / USD imeongezeka nguvu thidi ya Dollar ya Marekani lakini bado haija thibitishwa mpaka pale itakapo vuka 1.3230. 🔹 🔹 🔹 🔹 🔹 🔹 🔹 🔹 🔹 🔹 🔹 🔹 🔹 🔹 🔹 🔹 🔹 🔹 🔹 🔹
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Ethereum (ETH) co-founder Vitalik Buterin says that high ether prices are important both for network security and the wider ecosystem’s development. Buterin made his remarks during an interview for Laura Shin’s crypto-focused “Unchained,” hosted at the Columbia Graduate School of Journalism and live-streamed on March 20.
In response to Shin’s question as to whether protocol designers and project leaders should be focusing on the question of a cryptocurrency’s price, Buterin referred to the “earlier rhetoric” of the Ethereum project, which had explicitly downplayed the importance of the asset’s value: “In part, it was counter-signaling to distinguish ourselves [Ethereum] from other crypto projects that do pumping and lambo-ing way too much. But it was also about minimizing legal risk by basically trying to make the project seem more distant from something that would be covered by financial regulation.” In today’s context, he continued, regulators are more conversant with the cryptocurrency space and blockchain projects, and therefore “even if people try to claim the price doesn’t matter at all, they [the regulators] are totally going to see through that.” In regard to his own views, Buterin made two cases for strong asset value, arguing: “I can tell you what things are clearly important about why the price being higher rather than lower is good. One of them is obviously security. If the price is zero, then the network can’t be secure. That’s true in proof-of-work and proof-of-stake.” Source: cointelegraph.com
This rule is not 100% applicable for those who don't trade using price action. But at Naked Capital, we love our Fibs. We use it to determine our trades' stop losses, take profits and entry points.
Determining an entry point should be relatively easy to understand: Price retraces to a certain Fib level and form a candlestick signal.
But how do we use Fibs to determine SL?
2 Simple rule of thumb will be:
1) The next Fib level
2) The natural Fib level of that particular instrument
There's too many things for me to discuss on Fibonacci Retracements in one post alone and I will try to come up with a video explanation for Fibonacci soon. In the meantime, do wait for the rest of the rules to be posted on our feed. #forextrader#trading#investing#forex#forexeducation
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The price of the #Gram token on the #Xena Exchange has risen from $ 2.2 to $ 8.25 over the past 30 days, despite the fact that the Telegram Open Network platform has not yet been launched.
Acne #Buterin said that the main task of #Ethereum now is to increase the speed of processing transactions on the network from 15 to 100,000 per second using Sharding, which divides the transaction into several computers.
A #miningpool user #F2Pool , who paid $ 1090,000 for an error with a 10 Ethereum coin transaction due to an error, received his money back. The pool management acknowledged the mistake and returned the money to the user several days after the incident.
Trustee Mt. Gox has finished reviewing all incoming bids from creditors for compensation. Creditors whose applications have been approved will receive answers from the exchange in the coming days. The creator of the market predictions Numerai ended a round of fundraising through a closed offer of coins, receiving a $ 11 million investment. The round was led by Paradigm and Placeholder Capital hedge funds.
#Blockchain analysts at CipherBlade found out that #TheWallStreet Journal could inflate four times the data on the allegedly laundered $ 9 million on #ShapeShift . Journalists used an erroneous research method, declaring all transactions involving more than two participants to be criminal.
#Tezos network users voted to increase the gas limit to increase computing capacity and network bandwidth, as well as to reduce the number of tokens needed to obtain baker status from 10
000 #XTZ to 8000 XTZ. #TokenXTZ on the background of this increased by 12%
Foreign exchange market has been quite tough to trade recently through Brexit’s recent negotiations, Aussie and Kiwi’s interest rate policies, trade war and yesterday’s FOMC meeting. These are the times where experienced and well balanced traders differentiate themselves from the 90% with risk management, trade management and overall market psychology. 📈
Repost: @michaelbamber the newest member of the Falcon FX Team 🦅
“When we grow up, we tend to get told that the world is the way it is... to live our lives and try not to bash against too many walls.
That’s a pretty limited life... I don’t know about anyone else, but I couldn’t live that way...
Life can be limitless once you look around at the thing we call life and realise that everything around you was made up by people that were no smarter than you.
Once you realise that, your life will never be the same again...”
Welcome to the Team 🦅
I just want to clear a few things up as I am getting a lot of messages regarding the matter.
I am no longer working with AstroFX. Having started working with Astro this year to work on a new venture, circumstance have changed and I have decided to leave to dedicate my time into my own trading, future ventures and my current property business. As a result of this I have also decided to step down as an analyst on EverythingFX.
But, as always, I am fully focused and excited for what’s in store for over the next few months 🔥