NORTH KOREA SAGA

North Korea faces fresh measures to enforce sanctions (Gold Focus)

North Korea faces fresh measures to cut off funding and resources that it needs for its nuclear program amidst tough warnings that it faces further economic and diplomatic isolation unless it changes course. WILL NORTH KOREA FINALLY RETALIATE!! Read More @ https://www.thestar.com/news/canada/2018/01/16/canada-us-vow-more-tough-action-to-rein-in-north-korea.html

WEIDSMANN SPOKE

ECB’s Weidmann tells German newspaper Faz that ECB bond buys have negative side effects that should not be ignored – we fully agree with him as easy money will ultimately crash the market. Time to Stop. EURO BUY FOR 2018.

ASIA MARKET FEELS THE FIRE

Asian stocks were mostly lower Wednesday following a late selloff in U.S. equities and after some markets logged fresh highs Tuesday. Hong Kong’s Hang Seng Index topped 2007’s record-high close on Tuesday while Singapore’s main stock index breached 2015’s high, getting to levels last seen in 2007. Read More @ https://www.marketwatch.com/story/asian-markets-slide-lower-following-late-us-selloff-2018-01-16?siteid=rss&rss=1

JAPAN STARTS THE GAME OF CHESS – Japan central bank to keep policy on hold, offer upbeat inflation view.

Japan’s central bank is set to maintain upbeat price forecasts next week and paint a slightly better picture of the economy than it did three months ago, signaling its conviction the country is making slow but steady progress in eradicating deflation. Read more @ https://www.reuters.com/article/us-japan-economy-boj/japan-central-bank-to-keep-policy-on-hold-offer-upbeat-inflation-view-idUSKBN1F60BJ?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29

OUR TECHNICAL CHARTS

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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