News 

Gov. Whitmer losing political leverage as clock ticks on road funding

“Gretchen Whitmer on Monday put her signature issue on hold when she agreed to do a budget without a long-term road funding plan” writes Emily Lawler for mlive.com. They presented her with options during a closed-door meeting last month, but Whitmer rejected the options, saying they impacted education funding.A move experts say takes away a key leverage point with Republican lawmakers who have been reluctant to raise new revenue.For months, she signaled to Republican House Speaker Lee Chatfield, R-Levering, and Senate Majority Leader Mike Shirkey, R-Clark Lake, that she wouldn’t…

Read More
Markets News 

Five tips for when you are struggling in FX trading

“Think of market sentiment simply as the ‘mood of the market’” reports forexlive.com. If you are struggling and losing money in the FX market at the moment then the first step is to deleverage.Every day Adam, Eamonn, Greg and Justin are continually tuning in and reporting on market sentiment.Therefore, if you are trading intraday, anchor your stops above or below previous days highs or lows.Assuming that you are trading in line with the sentiment, then your position should be supported. Source: forexlive.com

Read More
Brokers News 

How to Prepare for CySEC’s New Tiered Leverage

“This move is aimed directly at the amount of leverage that member firms can offer to their retail clients” writes Finance Magnates Staff for financemagnates.com. Traders, brokers, and retail clients have until June 14 to make their feelings known before final proposals are published.CySEC proposed a risk-based approach to the leverage of trading in multiple financial instruments.The Cyprus Securities and Exchange Commission (CySEC), has proposed a range of innovative leverage measures to protect retail clients and brokers who trade with Cypriot financial institutions.Tiers were defined for different segments of retail…

Read More
Crypto Markets News 

No ‘AltSeason’ Until Bitcoin Breaks $20K, Says Hedge Fund Manager

“Cantering Clark: Altseason was essentially a bunch of new investors entering the crypto space, drawn in by Bitcoin” writes Horus Hughes for cointelegraph.com. CT: Do you think investors’ confirmation bias impacts Bitcoin price action?. Cointelegraph spoke with Cantering Clark, a hedge fund manager and co-founder of Blockroots, to pick his brain about the general state of the market and whether altcoins will recover.The collective effort of traders makes the necessity of Bitcoin revisiting any price more “likely” thanks to the groupthink.For example, many investors believe that if Bitcoin must drop…

Read More
Crypto Markets News 

Japan’s Coincheck Crypto Exchange Reduces Leverage by 20%

“Japanese cryptocurrency exchange Coincheck has announced it is reducing the scope of its leveraged trading options to comply with local rules” writes William Suberg for cointelegraph.com. The move has come in direct response to best practices put forward by the Japan Virtual Currency Exchange Association — or JVCEA — the dedicated self-regulatory body for the Japanese exchange industry.Coincheck, which recovered from a giant $530 million hack in Jan. 2018, revealed last week it was considering launching a further spin-off for initial exchange offerings (IEOs).Nonetheless, the option continues to gain popularity,…

Read More
Markets News 

US officials say they will investigate the risky $1.6 trillion ‘leveraged loan’ market

“Read more: The risky ‘leveraged loan’ market just sunk to a whole new low” writes Callum Burroughs for businessinsider.com. The FT wrote: “Regulators could act if their findings point to actual hazards in the market for leveraged loans.”. The Financial Stability Board (FSB) said it will investigate the growing leveraged loan industry.The total of leveraged loan new issuance was over $700 billion in 2018.Rocketing corporate debt has become a major concern, as “leveraged” lending has boomed. Source: businessinsider.com

Read More
Crypto News 

Gulf Region’s Burgeoning Renewable Energy Sector Should Leverage Blockchain, Experts Argue

“In November, the EWF had onboarded two units from German tech giant Siemens to promote the decentralization of the energy sector” writes Marie Huillet for cointelegraph.com. For the energy sector as a whole, Mateo proposed that the implementation of tracking tools — such as the issuance renewable energy certificates to track energy flows — are an important precursor to full-fledged automation and decentralization.As reported this January, major Spanish energy firm Iberdrola has begun using blockchain to monitor and track the sources of sustainable energy with an open source blockchain platform…

Read More
News 

China’s decision to re-leverage its economy is a major U-turn, and could have serious consequences

“The surge in January was particularly pronounced in short term corporate debt” writes Callum Burroughs for businessinsider.com. The mountain of debt encumbering China’s economy looks set to grow after private companies piled on leverage at the start of 2019.Its a risky decision given the already staggering levels of leverage that exist in the Chinese economy.Stock purchases through margin lending, or borrowing to buy, rose sharply with the total amount of outstanding loans up to 35.3 billion yuan this month ($5.26 billion).Having spent two years trying to de-leverage — reduce debt…

Read More
News Stocks 

Goldman says the US economy has ‘sharply decelerated’ but these stocks can still do well

“Stocks with low operating leverage also have attractive fundamentals relative to stocks with high operating leverage,” Kostin added” writes unknown author for cnbc.com. In the face of a slowing economy, companies with low operating leverage should outperform, according to Goldman Sachs.Goldman put together a basket of 50 stocks representing companies with low operating leverage relative to their sector.So when companies are experiencing a drag on sales from a slowing economy, those with low operating leverage will be less affected, Goldman said. Source: cnbc.com

Read More
Crypto News 

Major Crypto Exchange OKEx Adds Four New Margin Trading Pairs

“Malta-based cryptocurrency exchange OKEx has added four new crypto derivative pairs to its platform, according to a press release shared with Cointelegraph on Feb. 19” writes Max Yakubowski for cointelegraph.com. OKEx, the third-largest crypto exchange by trade volume, has announced the listing of Bitcoin SV (BSV), QTUM, DASH and NEO against Bitcoin (BTC) or Tether (USDT) on margin with a 3x leverage option.As Cointelegraph wrote on Dec. 4, the digital asset exchange OKEx had earlier launched a derivative product, dubbed a “perpetual swap,” that supports BTC/USD with up to 100x…

Read More