The new tax will be levied on residential and non-residential property, but not to rural residences. An earlier pilot scheme was implemented in 2011 in two cities at rates from 0.4% to 1.2% on higher-end housing and second homes, and has not as yet been applied in more cities. There are few details of the
Month: October 2021
What are the charts saying for the EURUSD in the new trading week. The EURUSD traded below the 200 week moving average over the prior 3 trading weeks. Each of those weeks could not close below that MA level. In fact, the last 3 weeks closed between the 100 week MA above (blue line in
Petrol and diesel prices were hiked for the fourth straight day on Saturday. Fuel rates in India now touch an all-time high across the country with a 35 paise a litre hike. Petrol and diesel in Delhi is now priced at Rs 107.24 per litre and Rs 95.97 per litre respectively today. In Mumbai, petrol
In this article SQ TWTR Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Twitter co-founder Jack Dorsey weighed in on escalating inflation in the U.S.,
American Airlines on Thursday reported a $169 million profit for the third quarter thanks to more than $990 million in federal payroll support. Revenue for the quarter totaled $8.97 billion down about 25% from the same period of 2019 but up from the $3.17 billion American brought in a year ago. That was ahead of
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Discover probably the best day trading & scalping strategy for trading Forex, crypto and stock market. In this video you will discover: • How to make money trading stocks and Forex market using MACD indicator and ABC price action pattern • how to use and how to read MACD (how to buy and sell using
The markets have turned a bit mixed last week and have likely entered into a near term consolidative mode already. Dollar ended broadly lower even though traders continued to add their bet on a Fed rate hike next year. Indeed, the odds for a hike by June is now higher than not. Canadian Dollar was
The Ethereum network has come a long way over the last few years. Everything from the rise of decentralized finance (DeFi) to the recent London upgrade has made the network the most compelling attempt to instill a ‘world computer,’ but there’s still work to be done. For global adoption to be the backbone of Web
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
WTI futures pare losses and return near multi-year highs at $83.95. Oil prices consolidate after a six-week rally. Front-month WTI futures have bounced up at $82.50, regaining previous losses to return to levels near multi-year highs at $83.95. On a broader picture, however, crude prices remain within previous ranges, consolidating after a nine-week rally. Oil’s
The USDJPY stalled near the swing high from November 2017 and rotated lower The USDJPY is closing the trading week at/near the week lows. That breaks a string of 5 straight higher weeks for the pair which saw the price move from 109.10 to the high this week at 114.69 (559 pips). The high price
Crude futures rose 1.5% Friday in New York, up for a ninth straight week. President Joe Biden said Thursday night that Americans should expect high gasoline prices to continue into next year because of supply being withheld by OPEC and other foreign oil producers. Stockpiles at the biggest U.S. storage hub are draining to levels
AutoNation’s stock reached a new all-time record of more than $130 a share Thursday after the nation’s largest seller of new cars reported its sixth consecutive quarterly earnings record. AutoNation beat Wall Street’s profit and sales estimates, led by resilient consumer demand outpacing vehicle supplies due to an ongoing global shortage of semiconductor chips that
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks slumped -9.81 mmb to 1228.91 mmb in the week ended October 15. Crude oil inventory slipped -0.43 mmb to 426.54 mmb, compared with consensus of a +1.86 mmb increase. Inventory slipped in 3 out of 5
Forex news for North American trading on October 22, 2021 Fed chair Powell speaking on a panel at a BIS conference, tilted his inflation fear little more in the direction of “inflation will last longer than expected” and “the Fed has the tools” to combat a higher inflation rate. It just seemed that there was a
BoE’s Chief Economist Huw Pill: Inflation in the UK could top 5%. Brexit: The EU could terminate the post-Brexit trade deal with the UK. EUR/GBP: The 1-hour chart depicts the pair is tilted to the upside, confirmed by RSI at 63.50 and aiming higher. The EUR/GBP edges higher as the New York session progresses, gains
NASDAQ index lower for the second time in three trading days The S&P index snapped a seven day winning streak with a modest decline of around five points or -0.11%. The Dow industrial average posts a record close and is up for the third day in a row. The Dow’s record close was the first
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