Bloomberry Resorts Corporation (PSE: BLOOM) is a public company listed on the Philippine Stock Exchange that develops tourist facilities, casino entertainment, and hotel and amusement-themed projects. Bloomberry Resorts Corporation’s competitive strength is a highly professional and experienced management team that has built successful businesses in the Philippines.Read more @ http://bloomberry.ph/our-business/

At the same time we are cautious over the Asia market and the world overall –

Asia’s next crisis: ready or not? – will this happen again?

Since that report was published, turbulence, volatility and crises have dominated the economic landscape. Argentina is in crisis. Turkey is not far off. Markets have been rattled in Indonesia, Myanmar, Italy and Spain as financial conditions tighten. The fallout from Brexit is more uncertain than ever. Populist politicians continue their rise. The trade war between the United States and China has escalated at an alarming rate. The clock is ticking before the WTO dispute settlement appellate body shuts-down. China’s financial system remains precarious. The United States faces bitterly contested Congressional and Presidential elections with macroeconomic policies that are at odds with the direction of the economy. Geopolitical tensions remain high with Iran, North Korea and Russia. Read More @ http://www.eastasiaforum.org/2018/10/08/asias-next-crisis-ready-or-not/

Trade war looms over summit of global finance chiefs

Threats to the global economy that once felt remote are now becoming all too real. A trade war. Rising US interest rates. Uneven global growth. Ballooning corporate debt. Those are some of the biggest challenges facing global finance chiefs and central bankers as they arrive this week on the Indonesian island of Bali for an annual summit hosted by the International Monetary Fund and the World Bank. “Some of the perceived risks are bearing fruit now,” said Tom Bernes, a distinguished fellow at the Centre for International Governance Innovation. “We are heading into trouble.” Here’s a look at what global risks are likely to be discussed by policy makers at this week’s meeting: Read More @ https://edition.cnn.com/2018/10/08/economy/imf-bali-world-bank/index.html

WHAT IS THE BLOOM TECHNICAL CHARTS SAYING AND OUR VIEWS FOR ENTRY AND TARGET.

Nasdaq drops for third day on global growth worries – We are monitoring the global market before entering our position with peso averaging approach.

The tech-heavy Nasdaq fell on Monday for the third straight day as a sell-off in Chinese markets sparked concerns about slowing global economic growth, though the S&P 500 pared losses to end nearly flat. Read more @ https://www.reuters.com/article/us-usa-stocks/nasdaq-drops-for-third-day-on-global-growth-worries-idUSKCN1MI190?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29

Global shares slip on China growth fears, dollar gains

Global equity markets fell on Monday amid unease over the impact of the U.S.-China trade war on China’s growth, while the dollar gained against the euro as Italian bond yields spiked on a brewing spat over Italy’s budget plans. Read more @ https://www.reuters.com/article/us-global-markets/global-shares-slip-on-china-growth-fears-dollar-gains-idUSKCN1MI01P?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29

So traders wait for a good entry price – don’t rush to trade – learn to take pending orders and wait for precise price.

High Risk Investment Warning:

Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.

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