User blogs

The biggest event risk in Wall Street trade was the FOMC rate decision and subsequent press briefing by Fed Chairman Jerome Powell. Given the risk-on reaction in markets, it appears the Fed told investors exactly what they were hoping to hear – and more. The Chairman said that the central bank will be extending dollar repo and swap lines to March 31 and will be holding rates near zero due to the “considerable risks” of the virus.To get more news about upstox, you can visit wikifx news official website.

  He emphasized that officials are not even thinking about raising rates and assured investors that they should not expect signals on stimulus removal for some time. This assurance of liquidity and flow of credit is “essential” for a recovery, particularly in taming volatility in financial markets. Concerns about a credit crunch as well as the second-and third-order impact from such an event are a bitter memory for 2008-meltdown survivors.

  This is especially true when so-called “Black Swan” events – like the coronavirus – expose financial vulnerabilities that increase the likelihood of an asymmetric shock to the financial system. The fragile leveraged loan and corporate debt market continues to be a point of concern in terms of liquidity, though the Feds unprecedented efforts have helped quell fears in that area – at least for now.

  Mr. Powell applauded Congress efforts towards implementing another fiscal package and stressed the importance of non-monetary measures to address areas that the central bank cannot. This theme of greater reliance on fiscal measures is also a major consideration in the sub-zero interest rate environment of Europe. The latest EU leaders summit and passage of a multi-billion Euro aid package underscores that point.

  Digression aside, the Chairman warned that the Q2 GDP contraction will likely be the biggest on record, and that going forward the path ahead for the economy is “extraordinarily uncertain”. He emphasized a familiar point that the virus and medical metrics relating to it are arguably the central driver of the economy now, but added that the slowdown in growth may be short-lived.


  To address concerns of financial stability, he said that monetary authorities can adjust forward guidance and asset buying if necessary. To top it off – in the spirit of former ECB President Mario Draghi – Mr. Powell said the Fed will do whatever they can and for as long as it takes to maintain financial stability and restore economic vitality.
Consequently, stocks ended in the green with the Dow Jones, S&P 500 and Nasdaq indices closing 0.61, 1.24 and 1.35 percent higher, respectively. In the S&P 500 benchmark, financials and energy led with the highest gains. Not entirely by coincidence, crude oil and the petroleum-linked Norwegian Krone were also up for the day.

  The Feds supportive message hammered the haven-linked US Dollar and put a premium on higher-beta assets like NOK and helped push equity markets higher. Credit spreads across the risk spectrum in the United States and Europe narrowed, with six out eight CDS indices showing a below-average spread over a three-month average.
A relatively sparse data docket means investors may focus more on broader macro-fundamental themes following the FOMC rate decision and subsequent commentary. The risk-on dynamic in Wall Street trade may push the New Zealand Dollar higher with commodity-linked and emerging market assets at the expense of comparatively less-risky currencies like the Japanese Yen and US Dollar.

  NZD/JPY Analysis

  NZD/JPYs hesitancy to break below a frequently-brushed inflection range between 70.030 and 69.897 could mean a retest of stubborn resistance at 71.249. The pair encountered friction at this level in February, March, June and most recently in July where it subsequently led to the invalidation of the May uptrend. Conversely, puncturing 69.897 with follow-through could lead to a cascade of sellers wanting to capitalize on its retreat.

buzai232 Jul 31 '20, 08:42AM
UBS Group AG and Citigroup Inc. are at odds on how Singapore‘s move to cap dividend payouts at the nation’s banks will play out for equity investors.To get more news about upstox, you can visit wikifx news official website.

  Citigroup says the move will be viewed negatively by investors as dividend yield is an important factor when considering buying bank stocks. UBS sees the central banks move as prudent in the context of the coronavirus pandemic and no threat to the sustainability of payouts.

  Singapore‘s central bank on Wednesday ordered lenders to cap their 2020 dividends at 60% of last year’s levels, a move in line with other global central banks actions in the wake of the pandemic. The lenders command the biggest weighting in the MSCI Asean Index and are set to announce their quarterly earnings next week
“The short term and prudent nature of this measure does not raise any question marks on the long-term sustainability of dividends,” UBS Group analyst Aakash Rawat wrote in a note. “Investors with a slightly longer term horizon are likely to see this weakness as a buying opportunity.”


  The impact seems greatest for DBS Group Holdings Ltd., which investors see as a bigger proxy for generating dividend income than its peers, he wrote.

  ‘Viewed as Negative’

  “This will be viewed as negative for the banks as the dividend yield is considered an important component of the investment thesis for owning these names, especially DBS,” Citigroup analysts Robert Kong and Weldon Sng wrote in a note.

  The cut in dividends will add to the pain of a sharp sequential fall in net interest margins and may prompt banks to front-load provisions, they wrote.

  Prefer SGX to Banks

  Jefferies Financial Group Inc. prefers shares of Singapore Exchange Ltd. to those of the nation‘s banks citing the bourse’s “similar but fully underwritten cash yield,” according to a note.

  The announcement will weigh on sentiment as yield gets capped at around 4% versus 6% previously, although investors should remember the strong capital positions of the banks, analyst Krishna Guha wrote.
buzai232 Jul 31 '20, 08:34AM
EUR/USD has opened with a gap down today and now is trading in the red. The price is traded at 1.1761 level, far below 1.1807 yesterday‘s high. The perspective is still bullish despite today’s drop, the pair is expected to try to close the current gap and to pressure the 1.1800 psychological level.To get more news about upstox, you can visit wikifx news official website.

  EUR/USD has decreased a little only because the USDX has recovered today. The US Dollar continues to be under massive selling pressure, so the rebound could be temporary. The dollar has continued to drop after the FOMC Meeting, the FED has maintained the monetary policy unchanged, reiterating that they could use the full range of tools to support the US economy to recover after the current health crisis.

  The US Pending Home Sales rose by 16.6% in June, beating the 15.6% estimate, the Prelim Wholesale Inventories, and the Goods Trade Balance have come in better than expected as well, but unfortunately, the USD wasnt impressed.

  The United States Advance GDP will be released today, the indicator could register a 34.5% drop, while the Advance GDP Price Index could increase by 0.0%. Unfortunately, the Unemployment Claims could increase again, from 1416K to 1440K in the previous week, this is not great news for the greenback.


EUR/USD has reached the 1.1800 level and the 250% Fibonacci line as expected and now has decreased a little. The bias is bullish, so a minor drop could not affect the upside movement.

  Actually, a minor decline could be natural after the impressive rally, EUR/USD could slip lower if the US Dollar Index will increase in the upcoming days. The aggressive breakout above the warning line (WL1) and above the 1.17 level have confirmed growth at least till the 1.18 level.

  I‘ve said in yesterday’s article, analysis, that EUR/USD could be attracted by the 250% Fibonacci line if the USDX will hit new lows. The current drop could help us to go long again, EUR/USD stays bullish as long as the rate is traded above the warning line (WL1) and above the 1.1495 static support (resistance has turned into support).

  The upwards movement will resume if EUR/USD will close the gap down, and if it will make a valid breakout above the 1.1800 level and above the 250% Fibonacci line. Another higher high will bring a buying opportunity as the pair will try to approach and reach the second warning line (WL2) of the former descending pitchfork.

  The USDX is bearish, so EUR/USD is bullish, is understandable why we cannot talk about a selling opportunity on EUR/USD yet. Only a reversal on the US Dollar Index or a major reversal pattern on this pair will suggest selling, we are not there at this moment.
buzai232 Jul 31 '20, 08:27AM
With a glance at July, it is found that some currencies of major industrial countries, which plummeted in the first half of 2020, have rallied in different degrees. Among them, both EUR and AUD have turned their six-month negative inflation into positive one. The main reason is the boom in global stock markets arising from unprecedented quantitative easing implemented by central banks worldwide since March. This forces USD, a currency tending opposite against U.S. stocks, to constantly decline, providing chances for weak currencies to rebound at different levels.To get more news about upstox, you can visit wikifx news official website.

  From this January till now, only CHF and JPY crowned winners for the whole journey. As of July 27, SEK has become the best performer, with an increase of 5.9%; followed by CHF, rising by 5.1%; while JPY has ranked sixth, with a gain of 2.3%. Under the premise that USD will stay weak in the short term, I will expect a strong CHF with constant buoyancy in the future forex market. CHF is the most stable one for me because there are latent risks in EUR, GBP and the commodity currencies of AUD, NZD and CAD .

  With a glance at July, it is found that some currencies of major industrial countries, which plummeted in the first half of 2020, have rallied in different degrees. Among them, both EUR and AUD have turned their six-month negative inflation into positive one. The main reason is the boom in global stock markets arising from unprecedented quantitative easing implemented by central banks worldwide since March. This forces USD, a currency tending opposite against U.S. stocks, to constantly decline, providing chances for weak currencies to rebound at different levels.

  From this January till now, only CHF and JPY crowned winners for the whole journey. As of July 27, SEK has become the best performer, with an increase of 5.9%; followed by CHF, rising by 5.1%; while JPY has ranked sixth, with a gain of 2.3%. Under the premise that USD will stay weak in the short term, I will expect a strong CHF with constant buoyancy in the future forex market. CHF is the most stable one for me because there are latent risks in EUR, GBP and the commodity currencies of AUD, NZD and CAD .


  USD and JPY can play the role of safe haven only when stock markets suffer from sharp loss. Currently, stock markets stay uptrend despite of the global tension. Thus, investments may flow from U.S. to Switzerland for safe haven, encouraging more CHF purchases. In view of this, CHF is possible to achieve the 2015 high of 0.9071 before adjustment. But even it is adjusted, I hold that CHF will keep climbing to another high of 0.8700 in the second half of the year.

  Finally, we should pay attention to DXY as well. On the one hand, it has been in highly oversold territory; on the other hand, it may see a retaliatory rebound if the risk hedging of USD takes effect again due to the slump in global stock markets arising from tension.
buzai232 Jul 31 '20, 08:19AM
Gold is traded at $1,973 and most likely it will hit the $1,981 all-time high in the upcoming hours as the bulls are in full control. The price is strongly bullish, so a further growth could be natural.To get more news about upstox, you can visit wikifx news official website.

  The yellow metal has decreased a little in yesterday‘s session, but the drop was only a temporary one, I’ve said in the previous analysis that a minor drop could help us to go long again. Gold rallies as the USD accelerate its sell-off, the USDX has reached fresh new lows even if the US Advance GDP has decreased only by 32.9%, versus a 34.5% estimate, the Unemployment Claims have increased from 1422K to 1434K in the previous week, failing to match the 1440K prediction.

  The gold price and the US dollar continue to move in opposite directions as the traders and investors were disappointed by the FED on Wednesday.


Gold is trading in the green and is pressuring the first warning line (WL1) of the former ascending pitchfork, a valid breakout above this dynamic obstacle and another higher high will confirm an increase at least till the $2,000 psychological level.

  The $1,981 all-time high could be ignored if the USDX will continue to drop in the short term. Only a false breakout with great separation above the warning line (WL1) or any other reversal pattern will suggest that the upwards movement is finished and that we may have a corrective phase.

  Personally, I believe that a valid breakout above the WL1 will signal potential growth far above the $2,000 psychological level. On the other hand, a rejection from the WL1 will send the rate down towards the 150% Fibonacci line.
USDX has dropped below the inside sliding line (SL1) of the descending pitchfork signaling a deeper drop on the Daily chart, the next downside target is seen at the second sliding line (SL2), right above the median line (ML).

  A USDXs further drop will force EUR/USD to jump higher and to reach new highs, I believe that only a strong, major, reversal pattern on the second sliding line (SL2) could signal a reversal. It the US Dollar Index will touch the median line (ML) of the descending pitchfork, technically, the index could resume the current downside movement in the upcoming period.
EUR/USD has registered an aggressive breakout above the 1.18 level and above the 250% Fibonacci line confirming further gains. The pair has opened with a gap up and now is targeting the second warning line (WL2) of the former descending pitchfork.

  You can keep an eye on the economic calendar today because the Euro-zone and the US figures could bring high volatility in the short term. Personally, I dont believe that the US could take the lead and drive EUR/USD lower even if the US data will come in better than expected.

  EUR/USD could try to close todays gap only, the outlook is bullish, so the pair could jump way higher as long as it stays above the 1.1800 level and above the 250% Fibonacci line. The WL2 and the 1.2000 could be used as near-term upside targets if you are long on this pair.
buzai232 Jul 31 '20, 08:12AM
International schools in Hangzhou- Wellington College International Hangzhou senior school | introducing the IGCSEs programme
Pupils in the Senior School will follow a rigorous academic programme that is designed to challenge every child with the finest elements of a modern British curriculum while still integrating elements of local cultures to meet the needs of all our learners.
International schools in Hangzhou
- At the Senior School of Wellington College International Hangzhou, pupils in Years 10 and 11 will study and prepare for the internationally-acclaimed IGCSE examinations through a two-year course across a broad range of subjects. This broad range will be a combination of core compulsory subjects (English, maths, science, modern foreign language) and optional subjects. This will provide our pupils with between 9 or 10 IGCSEs depending on their choices.

For the 2020-2021 academic year, Wellington College International Hangzhou will be enrolling pupils from Year 1 through Year 10, the first year of Senior School that commences the IGCSEs programme.
Mr. Philip Stainton, the incoming Deputy Head of Senior School at Wellington College International Hangzhou, has answered below some of our most frequently asked questions about the IGCSE programme. We hope his answers will give you a better understanding about the programme and how we will support pupils in achieving academic success as well as offer guidance on setting each pupil’s higher education pathway.
Q1: What curriculum does the Senior School offer?
Once we enter Key Stage 3 (Years 7-9), subject specialists lead individual subjects, effectively encouraging our pupils to begin considering which IGCSE pathway to pursue. The learning journey at Senior School, then, is less thematic-based and more specialist-based.
From Year 10 onwards, Wellington College International Hangzhou pupils will begin their IGCSE journey, culminating in IGCSE exams at the end of Year 11. In Years 12 and 13, pupils will undertake A Levels.
Q2: What are the IGCSEs and what is the difference between IGCSEs and GCSEs?
IGCSEs are independent two-year courses with formal, externally marked examinations held at the end of the second year. It is a rigorous curriculum developing key skills in a range of areas. Through a variety of questioning methods, IGCSEs test a combination of critical thinking, extended writing analysis, knowledge and skills. Every single pupil aged 16 (Year 11) in the UK completes formal examinations in different subjects for the GCSE. The IGCSE is the international version that our pupils will be studying.
Fundamentally, IGCSEs and GCSEs are very similar. Both offer the same rigor and depth of knowledge in the subjects offered through the GCSEs in the UK. There are two main differences between the two: first, the IGCSE removes any cultural bias of contexts in subject knowledge, such as history and English, that would disadvantage international pupils. It also ensures that the language used for the questions in the examinations and within the study context are accessible to any nation. Pupils are given a fair opportunity to access the texts and examinations regardless of where in the world they are studying.

Q3: What are the different subjects that are on offer in the IGCSEs?
We take immense pride in offering a broad curriculum of IGCSE subjects. They are separated into two different categories: compulsory and optional.
The compulsory subjects are the ones we hold highly valued: English language, science, mathematics, modern foreign language and English literature.
Our optional subjects are subjects that our students begin interacting with during Key Stage 3. Through this introduction, they can gauge their interest, passion and potential for academic success in each. Optional subjects include classes in arts, the humanities, ITC and design technology.



Q4: What foreign languages do we offer?
We offer Chinese (as a first and a second language), French and Spanish.
Q5: Different academic programmes have different grading systems. Can you explain the assessment and awards?
All courses end with examinations in May or June of Year 11. IGCSEs do not result in one single grade, score or level. A separate grade is awarded for each subject. How well a student performs depends on the number of IGCSEs they have passed and the grade awarded in each. These grades are awarded independently of the school by examination boards according to strict regulations.
Some courses include an element of coursework. This is work completed during Year 10 or Year 11 which may be marked internally or externally and counts towards a percentage of the final mark. Each subject is awarded a grade following the 9-1 marking system: 9, 8, 7, 6, 5, 4, 3, 2 or 1.
Q6: How will International schools in Hangzhou like Wellington help prepare its students for their university applications?
We understand that one of the key reasons parents choose a certain school is because they want to help their children get into university. We also believe passionately that we have a duty of care to our pupils. When they leave our institution of Wellington College International Hangzhou, they could be going anywhere in the world and we have to make sure they are making the right decisions to find the best-fit colleges and universities.
This is why there will be designated time in the pupils’ timetables to meet with an University Officer, a member of the Academic team who will work with pupils in researching the best-fit universities and courses. Quite often, prestigious or high-ranked universities are not the best options for a pupil. Through the four-year programme of IGCSEs through A Levels, our University Officer will ensure that our pupils are well-prepared to write college applications and research the necessary application requirements to excel on their chosen pathway to and at university.



If you would like to join the Wellington community, whether you are planning on moving to Hangzhou or you are already living here, you can arrange an individual personalised visit by scanning the QR code below or contacting us via telephone or email. Our Admissions team are available to host you for a private campus tour throughout August to help you discover what makes Wellington special.


(+86-571) 8239 6366
admissions.wcih@wellingtoncollege.cn
buzai232 Jul 31 '20, 08:02AM
A winning Mega Millions jackpot ticket was sold in Hudson County, New Jersey Lottery officials announced Saturday afternoon.Get more news about 彩票API,you can vist loto98.com

The ticket from Friday night's drawing is worth $124 million -- $100.8 million cash -- was purchased from Brenda’s Inc. on Kennedy Boulevard in Bayonne.

The lucky ticket matched all six numbers. The white balls were 8, 33, 39, 54 and 58, and the gold Mega Ball was 17 and the Megaplier was 03.

The winner has one year from the date of the drawing to file a claim. The retailer will receive a bonus check of $30,000.In February, a ticket worth $202 million was sold in Edison. Two months later, a $190 million Powerball ticket was sold in Piscataway.

Chesterfield County and Colonial Heights Crime Solvers are seeking help in a fraud case in Chesterfield County.
Police say on June 1, three men bought scratch-off lottery tickets from the Cogbill Market on Ironbridge Road. The suspect used a $100 bill and were able to fish it out multiple times after receiving a ticket.
The winning tickets were redeemed in another jurisdiction. Police say the suspects appear to be in their late 20s to mid-30s and drove a gray/silver minivan.If you can help solve this crime, call Crime Solvers at 748-0660 or use the P3-Tips mobile app. The tip will remain anonymous and could receive a cash reward.
buzai232 Jul 31 '20, 07:32AM
Must Have WoW Classic Leveling Addons



You easily get stuck while Questing? Then Questie will solve this annoyance for you. This addon tells you where to go to kill the mobs, it even tells you if a mob is part of a kill-quest when you hover over it with your mouse pointer. This is a must-have if you care about efficiency while questing in WoW Classic!To get more news about WoW Classic Items, you can visit lootwowgold news official website.

2. WoW Classic Inventory Addon: Bagnon
This addon works as an inventory manager which fuses all the bags into one big neat container. It also tracks items on alt characters to see if you already have the same item, if so, it tells you how many and whether they’re stored in the bags or bank. Just make sure to organize your stuff in this big bag!
3. WoW Classic Pricing Addon: Better Vendor Price
Sometimes the regular vendor price isn’t enough to decide what to keep and what to discard. For instance, imagine you have 4 something that sell for 12s and 2 of something else for for 8s and both are dropping right now. Well assuming they both stack in 5 max, you should get rid of the 4 as you can get 20s from that slot with the other item (vs 15s for the other). But if one stacks in 20 and the other in 5 or 10, the calculation changes! This addon will help you to make the best choice to maximize your profit as a loot-seller.
4. WoW Classic Looting Addon: FasterLooting
Do you want to afford your mount at level 40? Then Auto-looting mobs while levelling can be a great way to earn some serious gold! After you enable auto-looting in your Interface options (Main Menu → Interface Options → Auto Loot). This WoW Classic addon makes your auto-loot INSTANT, no more waiting for the loot window to appear, no more waiting for the loot window to be populated with items, and certainly no more stopping your character next to each mob so you can loot. Just make sure to maximize your bags-space for all items, it will pay off big time in the end!
5. WoW Classic Auto Selling Addon: Scrap (Junk Seller)
With this addon the greyed-out, aka “junk”, loot you get from mobs is automatically sold when you visit a merchant. Junk is very rarely useful for your character, but still holds high value. This addon will definitely save you some time and energy each time you meet a vendor!
6. WoW Classic Auction Addon: Auctioneer
Now to a more advanced addon, if you are really serious in making gold! Auctioneer provides you with the tools and data necessary to make those difficult auctioning decisions with ease. From purchasing to posting, Auctioneer provides time-tested tools to allow you more time to actually play your characters or play the market. Make sure to download this addon below.
buzai232 Jul 31 '20, 07:25AM
CLASSIC WOW RAID ATTUNEMENTS GUIDE


On August 27th, 2019 Classic WoW servers were launched by Blizzard. It was the answer to community demands and the immense popularity of private servers. As we could have seen in the first days, WoW Classic streams and gameplay grew in popularity beyond measure, especially level 60 run with 350,000 viewers in the peak (congratulations JokerD, R.I.P. Method). To get more news about Shadowlands WoW Gold, you can visit lootwowgold news official website.

For some instances, like dungeons and raids, you may need something more than level 60, raid party and decent gear. Stay tuned and learn how to get attuned.

An Attunement in WoW Classic is a kind of pass that allows you to enter certain instances (dungeon, raid), summon an encounter, or simply use a shortcut. Usually obtaining them requires you to do an attunement quest, but not always. We’ll break it down step by step, and after reading this guide you will be the best-qualified applicant for the Gatekeeper of Azeroth job, should the recruitment happen.

Why is it so important to have access to those instances? The question could not be needed less. Raids and dungeons are places that give the best gear - epic (purple ones) and legendary items (orange). It’s more than enough reason to gather a raid party and head straight there, no comments.

Used to open the doors in Stratholme instance, which can allow you to start at Undead side. You will be able to loot it from corpses of Magistrate Barthilas.

You need to find Qiaga the Keeper. The monster resides near the Altar of Zul (The Hinterlands). Upon death, she will drop Sacred Mallet. Take it to the top level of Jintha’Alor (The Hinterlands) and use it at the altar. It will transform into Mallet of Zul’ Farrak, which later on you will use to summon Gahz’rilla in Zul’ Farrak dungeon.

Once you loot those, face Celebras the Cursed and defeat him. This way, Celebras the Redeemed will spawn. Turn in the quest for the Scepter of Celebras to be completed.You will need this item to open an Earth Song Falls portal, which guides to the inner part of Maraudon straight to Princess Theradras.Crucial attunement in near-endgame Classic WoW, as it grants you a passage to Upper Blackrock Spire in Blackrock Mountain, and you will be traveling there a lot. Due to this attunement being so vital, in theory, you should complete it first. But what made many inexperienced Horde players cry, this is not entirely true. If you are playing Horde, you might want to start the quest for attunement to Onyxia’s Lair at the same time, as both quest chains will send you to Lower Blackrock Spire to kill the same three bosses.
buzai232 Jul 31 '20, 07:19AM
If you ever ask a Vanilla WoW player what was the hardest, the most painful, and unrewarding grind, you will have one answer - a run for High Warlord and Grand Marshal. If there was an in-game definition of grind, it would be definitely the struggle for the highest faction rank. Every player would rather go collect Splinters of Atiesh in Naxxramas, than go for the rank 14.To get more news about WoW Gold Classic, you can visit lootwowgold news official website.

Long story short, it is the title given to the best of the best players in both World of Warcraft factions in PvP. In practice, the number oscillated around 0,1 %.
Just after the original release of World of Warcraft, the PvP segment was not finished, thus it was not organized at all. The only reason to go and kill people was… to kill people. And yes, there were more than enough volunteers willing to clap another faction players (isn’t it the meaning of the whole war in Azeroth?).Later on, with patch 1.4 and the release of content Phase 2, the Honor System was introduced. How did it work?
It was arguably the most broken, unfair, punishing, and hated World of Warcraft feature of all time. Throughout the given week a player could register Honorable Kills by slaying the opposing faction players. HK’s were then converted to Honor Contribution Points. Each week during the reset player’s CP’s were then recalculated into Ranking Points. Each week every player was losing 20% of RP’s accumulated. This means, that if you had 50,000 Ranking Points by the end of the week, you’d lose 10,000. However, by the time of weekly maintenance, top players, who farmed the most Honor in each bracket, were awarded with RP’s. The main condition was to play more, than others. It’s really hard to measure how much your rivals play, so you had to push it to the limit. And if you fumbled, you could have said: “Farewell” to the progress.
There wasn’t any simple or built-in ways that would provide players with the information about the placement in your current bracket, but this day there should be more than enough add-ons serving this purpose. You can see the Classic WoW honor settings tab down below:
buzai232 Jul 31 '20, 07:09AM
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