Monetise Trader

Poland's governing Law and Justice (PiS) party agreed a more than 12-fold rise in the tax-free allowance for wage earners aged under 26, extending a program of new social benefits in the run-up to autumn parliamentary elections. The threshold is being raised from August to 85,528 zlotys ($22,883) a year from a maximum of 6,600 zlotys, benefiting around 2 million workers, the finance ministry said on Tuesday. "We want Poland to be a good place to work where young people's perspectives are improving," Prime Minister Mateusz Morawiecki said. WARSAW (Reuters)

Soaring to its most overbought reading in over 3 years and its highest price since May 2013. It has now retraced just over 38 per cent of the losses since 2011’s record high. POSITION TAKER: Not trust a move of this speed.  

Most Likely Scenario: long positions above 1.2715 with targets at 1.2765 & 1.2790 in extension. Alternative scenario: below 1.2715 look for further downside with 1.2680 & 1.2640 as targets. Comment: the break above 1.2715 is a positive signal that has opened a path to 1.2765.

24/06/2019 - 28/06/2019 Monday 9.00am – German IFO index (June): business climate index. Markets to watch: EUR crosses 1.30pm – Chicago Fed activity index (June): Markets to watch: USD crosses Tuesday 12.50am – BoJ meeting minutes. Markets to watch: JPY crosses 3pm – US new home sales (May): Markets to watch: USD crosses Wednesday 7am – German GfK consumer confidence (July): index expected to rise to 10.4 from 10.1. Markets to watch: EUR crosses 1.30pm – US durable goods orders (May): Markets to watch: US indices, USD crosses 3.30pm – US EIA crude inventories (w/e 21 June): Markets to watch: Brent, WTI Thursday 10am – eurozone business confidence (June): Markets to watch: EUR crosses 1pm – German CPI (June, preliminary): Markets to watch: EUR crosses 1.30pm – US GDP (Q1, final), initial jobless claims (w/e 22 June): Markets to watch: US indices, USD crosses 3pm – US pending home sales (May): Marke

Cable long     GBP/USD Daily Chart Support has been found at 1.25798, It did cross momentary in the past to soon enough buyer take control. As it is standing now, sellers are losing the power and soon enough we should see the the reversal. Target here is 1.38141 Stop loss @ 1.19671 RRR: 2.01

Bitcoin Short by cristianomagno33 on TradingView.com

Bitcoin Daily chart  https://www.tradingview.com/x/HJXTQuFD/ Bitcoin peace is high, technical indicators are indicating a bullish momentum but I strong believe traders will be disappointing in what is to come. The peace Bitcoin has gain in the past weeks in abnormal to any asset class. We have faced this before and trader are doing the same mistake all lover again. We believe the Bitcoin price range will set between $9000 - $6800. You have to take in consideration all has happened to bitcoin and his purpose (Not really much here) and have in mind this is an asset that came to replace Paper currency`s and yet we need paper currency to purchase and we only intend to buy Bitcoin to obtain paper currency`s. :) Have a good trade all.

Two of the largest animal protein companies in the world hit the last details of the deal that will create a global colossus with leadership of the world's top markets and revenues of $ 80 billion. Throughout the week, major shareholders and executives at Brazil Foods (BRF) and Marfrig Global Foods, two of the largest animal protein producers in the world, held a series of closed-door meetings to set the details for a possible merger.  BRF, admitted that the parties are deepening their studies to define the terms of a final agreement and reaffirmed that the new company, still without a name, will be among the leaders of the sector in Brazil, The United States, Latin America, the Middle East and Asia. The preliminary terms of the transaction do not foresee any disbursement of cash, based on an exchange of shares that will result in the attribution of 84.98% of the resulting shareholding to BRF shareholders and 15.02% to Marfrig shareholders, "BRF repor

Brazilian chicken exports to China grew by 49% compared to the same period last year as the Asian nation imported more meat to deal with an outbreak of African swine fever (ASF). China was Brazil's main chicken export destination last month. By revenue, Brazilian chicken exporters benefited from higher prices, with sales growing by 27.3% to $658.9 million. China's additional demand for meat has benefited Brazilian meat exporters including JBS and BRF. Exports to the United Arab Emirates, where BRF has a strong presence, grew by close to 50%, while exports to the European Union rose by 26%. Source: Reuters

Mexican tariffs Estimates from the Tax Foundation, said that while the Trump administration’s 2017 tax cuts created about 380,000 full-time equivalent jobs, adding tariffs on Mexican products to the existing tariffs on Chinese goods could eliminate almost 610,000 full-time equivalent jobs from the U.S. workforce. By itself, a 5% tariff on Mexican goods could drain off approximately 39,000 full time equivalent jobs, the Tax Foundation said in an analysis on the heels of the Mexican tariff news. Trump announced plans escalating tariffs against Mexico if the country cannot stop illegal immigration. It’s the latest front in Trump’s trade disputes. The administration has already imposed a 25% tariff on $200 billion in Chinese imports. China is coming back with retaliatory tariffs on $60 billion of American imports. Researchers and business groups say companies and consumers are the real victims. America imported $346.5 billion in products from Mexico last year, acc

Boeing to Replace 737 Wing Parts Boeing has notified operators of the planes about the needed repairs and is sending replacement parts to help minimize the time aircraft are out of service. Boeing has identified 148 parts made by a subcontractor that are affected. The parts may be on a total of 179 737 Max aircraft and 133 737 NG planes worldwide accordingly by the FAA. The 737 Max has been grounded worldwide since March 13 after two fatal crashes tied to a malfunction that caused a flight control system to repeatedly drive down the plane’s nose. Boeing is finalizing a software fix along with proposed new training that will be required before the planes fly again. (Source Bloomber.com)

China issued a report blaming the United States for a trade dispute and says it won't back down on "major issues of principle” China fired back at the U.S. Sunday over the two nations' trade dispute, issuing a report that blamed the conflict on the Trump administration but refrained from escalating the trade war. The report said China has kept its word throughout 11 rounds of talks and will honour its commitments if a trade agreement is reached. It accused the U.S. of backtracking three times over the course of the talks by introducing new tariffs and other conditions beyond what was agreed on. "But the more the U.S. government is offered, the more it wants” The report, delivered at a Sunday morning news conference, appears to be a bid to shore up China's arguments and justify its position in the face of what looks to be a protracted dispute. The U.S. has accused China of stealing trade secrets and forced technology transfers. The Trump