London Stock Exchange Is Ready to Use Blockchain Technology

The stock exchange over 300 years old in the British capital is one of the oldest stock exchanges in the world. In the digital age, the floor is thinking of deploying new technologies like blockchain.

According to CNBC, Nikhil Rathi, CEO of London Stock Exchange, suggested that the blockchain, which is the technology to record data on a distributed computer network instead of focusing, could have applications in the stock exchange in England.

You can certainly visualize distributed ledger technology with applications during the release process. I can imagine the technology used to settle. Rathi said the London boss said that he found many different types of interesting ideas from rival exchanges and would follow up on which ideas the market was most interested in.

For example, the Swiss SIX platform is seeking to launch a platform based on the blockchain to speed up the transaction process, while the Gibraltar Stock Exchange launches a digital version of many securities, such as corporate bonds.

The London Stock Exchange recently bought a minority stake in Nivaura, which announced that they issued the world’s first automated cryptocurrency listed bonds. The floor said they tested the issuance, receipt, and transaction of shares with Nivaura in the managed “sandbox”. However, they did not say whether testing would be implemented in a real environment.

Many financial firms say they see great benefits for the industry from blockchain technology but are separating themselves from pre-coding. The first blockchain was created to make the public ledger for bitcoin transactions. For example, JPMorgan said it would roll its own cryptocurrency into USD and set aside for large payments. JPMorgan CEO Jamie Dimon meanwhile is the critic of pre-coding, calling bitcoin a fraud.

Rathi said that despite his support for competition and innovation in the capital market, some extreme manifestations in pre-coding made him a bit cautious. Cryptocurrency prices plummeted after a dizzying price rise in late 2017, early 2018. Bitcoin once reached $ 20,000 in December 2017, currently priced at $ 5,300-5,400, according to Coinmarketcap.

FIFA World Cup Affects The Stock Markets

According to many years of statistics, the FIFA World Cup has a big influence on the mood of stock investors.

The number of transactions declined sharply

During the 2010 World Cup held in South Africa, many matches were played at the same time as the trading hours of many stock markets around the world. According to ECB statistics, over 15 large stock markets including Germany, England, France, Italy, Spain, Denmark, Netherlands, America, South Africa, Argentina, etc, there are 3 points worth noting:

  • In the market of some countries, every game has a national team (such as England or France) participating, the average number of orders is reduced by 45% and the volume of trading shares is reduced by 55%.
  • The market is affected by the matches. Specifically, after a match, each country’s stock index fell an average of 5%. This reduction was statistically significant at lunchtime after the morning session and many investors were not paying attention.
  • The heat of the global stock market goes against the World Cup matches. In more than 20% of the time the games were played, global stocks fell. Investors seem to be willing to spend more money on alcohol and popcorn than focus on price lists during this time.

Another 2007 study also showed that during the World Cup, a defeat of the national team could make that national stock market drop sharply the next day.

The slight increase in the stock market of the winning country

After the World Cup, markets with national teams that have won the championship have always gained points since 1974. The only external case for Brazil in 2002, the rest of those markets rose immediately after that to the average. 3.5% and maintained for 3 months.

The stock market of the losing country lost points

In the Goldman Sachs report, 7 out of 9 stock markets of the losers in the final also suffered a sharp decline with an average decrease of 5.6% in the following three months.

Chinese Stocks Fell Sharply as The Government Reduced Demand Stimulus

China’s stock market on April 25 saw the biggest drop in the past 6 weeks due to the growing concern of investors about the government’s ability to cut economic stimulus measures.

According to Bloomberg, the Shanghai Composite Index closed with a fall of 2.4%, bringing the total decrease from the beginning of the week to 4.5%. With such a decline, this week could become the strongest week of the index since the beginning of the year.

Stocks of telecommunications, technology, and consumer goods were not essential to lead the fall of the whole market. For every 10 stocks that have declined, there will be 1 gainer. Along with that, the exchange rate of the RMB against the US dollar dropped to the lowest level since the beginning of the month.

The mood of Chinese securities investors worsened from last week. After a meeting of the Politburo, the market raised rumors that the Government will cut measures to support the economy.

Earlier, growth stimulus measures have become the factor that led Chinese stocks to increase the world’s strongest since the beginning of the year. In the past year, Chinese stocks plunged due to the slowing economy and the US-China trade war.

In recent days, there are many forecasts that the US and China are about to come to a trade agreement. However, this assessment is not enough to lift the psychology of Chinese securities investors.

Strategist Zhang Gang of Central China Securities said that concerns about the possibility of policy shift are negatively affecting the market. Investors can hardly find any industry stocks that help them earn money at this time, so they feel an urgent need to leave the market.

The decline of Chinese stocks took place despite PBoC claims there was no change in monetary policy stance and no intention of tightening or easing policies. Northeast Securities strategist Zhengyang Shen commented that it seems that investors are rushing to sell stocks to take profits, taking into account changes in expectations of government stimulus measures.

US Stock Market This Week Increased Sharply

The US stock market closed near a record high on Friday after the country’s biggest bank – JP Morgan Chase announced better business results than expected.

According to Reuters news agency, with this rally, the S&P 500 is now less than 1% of the record high set in September last year. After the sell-offs at the end of last year, all three major indexes of US stocks in the first quarter of 2019 had the strongest increase in nearly a decade. However, this April, the market moved to a sideways trend before entering the first quarter business reporting season.

As one of the opening companies for the reporting season, JPMorgan Chase offers revenue and profit margins far beyond analysts’ forecasts. These figures help ease investors ‘previous concerns about the potential decline of listed companies’ profits. At the close, JPMorgan Chase gained 4.7% leading the rise of banking stocks.

Analysts now forecast the Q1 earnings of S&P 500 firms to fall 2.3% over the same period last year and improved compared to last week’s forecast. This will be the first time to reduce quarterly profits of Wall Street listed companies since 2016. However, among the S&P 500 companies that have announced their business results so far, there are 79, 3% gave results beyond the forecast.

Walt Disney shares rose 11.5%, reaching the highest level of all time, becoming the biggest boost for the rise of Dow Jones and S&P 500 after the company offered the price for online video transmission service. soon to be deployed. Netflix, Walt Disney’s rival in online video streaming, slipped 4.5%.

Closing the session on Friday, S&P 500 increased by 0.66%, reaching 2,907.41 points; Dow Jones increased 1.03%, reaching 26,412.3 points; and Nasdaq rose 0.46% to 7,984.16 points. Both Nasdaq and Dow Jones are currently about 1.5% lower than the record close.

For the whole week, the S&P 500 increased by 0.5%, Nasdaq increased by 0.6%, and Dow Jones fell by 0.1%. This is the third consecutive week of the S&P 500 and Nasdaq. Financial stocks were the biggest gainers this session, with an increase of 1.9% thanks to the positive business results report of JPMorgan Chase.

U.S. Stocks Declined Due to The Risk of Global Economic Recession

Because of worries about the global economic recession, investors have transferred money to the bond market.

At Monday’s trading session, the US stock market fell after data showed that global economic growth weakened. Investors meanwhile continue to worry about yield curve. However, the Dow Jones index rose when Boeing stocks rebounded after many recent price declines.

However, the market did not react much to the news that Robert Muller could not get evidence that Russia intervened in the 2016 presidential election. At the close of Monday’s trading session, the S&P 500 dropped 2.35 points or 0.08% to 2,798.36 points. Technology and financial stocks declined. The Nasdaq index fell 5.13 points to 7,637.54 points. Dow Jones index increased by 14.51 points to 25,516.83 points.

Market movements began to turn upside down when Bloomberg reported that US officials were worried that China might disagree with US requirements in negotiations. The source also said that Chinese negotiators said they did not receive an agreement to ensure that the US would completely remove tariffs on Chinese goods after signing the agreement.

The US stock market still focuses on the worries about the global economic recession, which began to rise from Friday when a series of large-scale water production indicators such as Europe and the US signaled the slowdown. Data from the US showed that the US manufacturing industry in March 2019 fell to its lowest level in 21 months.

On Monday, Asian stock markets fell, European stock markets weakened. Therefore, investors in worries have transferred money to the bond market. The volatility of the yield curve, when long-term bond yields fall below the short-term bond yields, is seen as a sign that the economic recession is approaching.

Figures from Europe show that the German business confidence index rose to 99.6 in March 2019 from 98.3 the previous month. This is information from Dow Jones Newswires. Chicago Fed President Charles Evans said he still needs to be cautious to see how the data will signal before deciding on interest rates moves.

Playing Stock and Golf

Art

Considering the level of “addiction”, people can be absent from the stock market for a few days, but a week without a busy three-day golf course is annoying. Asking about the golfers (golfers), I discovered a more shocking thing: only a small number of stockholders played golf but most golfers played securities and were very successful.

A standard Swing (swinging ball) is a smooth swinging action like an artist pulling a violin. The golf ball will only go far and precise with a speed swing swing, the whole body is completely relaxed but no oscillation deviates from the spin axis as the spine and head. If you only hit the ball by hand, you cannot become a golfer, because the art of playing with the ball requires a combination of the whole body and the senses. If you also believe that playing securities is an art then surely the golfers agree. You get the best performance on the field when the spirit is completely refreshing. You have a very high chance of investing in stocks if you feel comfortable in winning and losing.


Passion and patience

Rainy sun is a story of heaven, golfers (golfers) can be likened to a form of ascetic monks with their love of grass. They are ready to apply on their skin … tons of anti-skin peeling creams and so on from 12 noon to 5:30 pm, it rains and so on or wait until they can continue. Do you believe that most golfers are willing to take their clubs out of the house from 5 am or skip lunch to run to the yard? It is also hard to imagine that a professional and successful investor is lazy to read newspapers and find information, or find out how business theories apply on the stock market.
Lack of passion, a golfer never even managed to pass 3 – 6 months of death just to practice 10,000 balls, three times that number with ballless swing. If you play golf for 20 years, you have to give this sport the patience to study like an outsider who learns the first swing, 20 years is still a repeating swing. Many equestrian investors see flowers, they become losers, do not have a strong stance, always run the herd and say a catchphrase: price as …. When they suffer losses, they blame securities for gambling and do not give themselves another chance to become a successful investor.

A golfer wrote this: My first blow hit the ground, far away from the ball, causing my hand to feel electrocuted. The next blow also caused my hand to hurt terribly and the golf ball flew to the side, startling everyone to look back at me, looking uncomfortable. I thought, “This game is too hard.” But then after 10, 15 or 20 subsequent shots, I hit the ball – and with a quieter sound than the sound of the Ferrari F430, the small white ball sprang up. In the air, it floated in mid-air and flew 160 yards and landed on the ground, bouncing lightly on the grass.

To win, you must at least finish your destination

A new golfer can completely hit the ball beyond 170 yards with a 7, the professional golfers only reach 145-150 yards. Typically, a golfer after 1 year will have a shot to the shorter distance they have achieved when they first started, but in return is more accurate and stable.

In an ecstatic minute, an amateur golfer can finish a hole with a standard stroke (PAR), even a hole in the hole (hole in one – something Tiger Wood hasn’t done yet) but is broken many other holes. However, golf is a marathon art, you can excel in one third of the journey and then let it dive into the water again, bogged in a sand pit or around in the bush. No professional golfer didn’t double three times before a real swing and there was no lack of focus for one move. Each stroke is carefully estimated about tactics, ball directions, club type, wind direction, ball position …

People still don’t say greed and fear is the number one enemy of those stock players. To become a serious and successful investor, you must always win yourself. Want to learn the art of making money through stock, why don’t you try to take the stick to the yard and start hoeing.

The largest US bank issued virtual currency

JPMorgan Chase, America’s largest bank, has just released a virtual currency called JPM Coin. According to CNBC, this is the first virtual currency backed by a leading bank in the world’s No. 1 economy.
Every day, the wholesale banking department of JPMorgan Chase moves the amount of money up to 6 trillion USD on a global scale for corporate customers. JPM Coin was launched to make quick payments between JPMorgan Chase customers.

Testing this virtual currency into payments in the wholesale banking segment will be carried out in a few months. Initially, JPM Coin will only take a very small part in the amount of money that JPMorgan Chase moves every day.

The release of the virtual currency is part of JPMorgan Chase’s effort to prepare for the future where many financial-banking operations from cross-border payments to corporate debt issuance, will done based on block chain technology. This is the technology behind digital currencies, the most famous of which is Bitcoin.

When JPMorgan Chase tested using JPM Coin for international payments, this would be the first real-world application of a virtual currency in the banking sector.
Until now, JP Morgan Chase still holds a cautious view on virtual money investment, considering it an investment channel with a high level of risk. Last year, JP Morgan Chase and two other US banks banned the use of credit cards issued by them to buy virtual money.

Also with a cautious view, another big US bank, Goldman Sachs, is said to have shelved plans to open Bitcoin trading.

There are some important differences between JPM Coin and Bitcoin – the virtual currency that CEO Jamie Dimon of JPMorgan Chase once called a “trick” for investors. While skeptical about Bitcoin, Dimon and his subordinates always argue that blockchain technology and regulated digital currencies are promising.

The main difference of JPM Coin is that each virtual currency can be converted into 1 USD, so its value will not fluctuate. JPMorgan Chase customers will be granted JPM Coin after depositing money in JPMorgan Chase. After using the virtual money used for payment, the bank will cancel the virtual money and return it to the customer an amount of equivalent USD.

Get Access to Virtual Stock Games

The variety of games not only lies in relaxing or entertaining games but it can also help young people gain experience in real life. One of the typical faces of this series is the stock game. The game simulates a virtual stock exchange with all the elements and regulations as a real stock exchange so that players can experience and try with numbers and stocks. Currently, in the game market, led by three typical websites can give users superior features.

We seed is the best stock site that allows free registration and risk-free investment. You will be provided with some money and perform certain virtual transactions, but especially will have to comply with the rules of the conditions of using and trading stocks as in fact. Companies with stocks on We seed stock will be segmented by specific businesses including sports, catering, technology and entertainment. Therefore, users will have a wide choice and invest in their desired business category.

Wall street Survivor  is an amazing virtual stock game idea. Players will be provided with a practical knowledge base related to stock investment using portfolio management. Moreover, Wall Street survivor is designed to be a major trading floor, so when you before you join and make purchases, you need to have a strategy and plan based on Investments are listed in detail on the list. In addition, you can keep up-to-date on stock and financial news happening in real life.

Market watch is also a shirt stock website that is not inferior to other competitors. Specifically, they offer the game called Dow 30-Day Trade, users will be provided with $ 10,000 virtual to make a 30-company stock-based trade with the Dow Jones Industrial Average (average troops of industrial stock exchanges). Each trade transaction will be worth about $ 10. The difference of this securities game is that it requires the participating virtual investors to have certain skills to dominate the stock exchange.
Based on information about virtual securities game types, people with passion in securities investment can receive and improve management and investment skills. Thereby, they can have basic experience when participating in real exchanges in reality.

US Stock Indexes All Rose After Reduction Taxes On Chinese Goods

US stock indexes all rose after a report said the US could reduce taxes on Chinese goods in its trade negotiations.
The idea was given by Finance Minister Steven Mnuchin, according to the Wall Street Journal. However, the report added that Mnuchin faced resistance from US Trade Representative Robert Lighthizer, who argued that any concessions could be considered a sign of weakness.

The report helped stocks to the highest level of the day, with the Dow Jones industrial average gaining more than 250 points. S&P 500 and Nasdaq Composite all gained about 1% after the report.

However, the main indexes failed to peak after the Ministry of Finance spokesman working with the trade group said: None of Mnuchin Minister and Ambassador Lighthizer made any recommendations for anyone involved in tariffs or other parts of negotiations with China. This is an ongoing process that has not yet achieved concrete results.

A senior government official who attended a trade meeting with the president on Wednesday told  that there was no discussion about tariff removal. Currently, the official also said that President Donald Trump was not interested in making a decision right now because that puts him in a weak position.

The Dow closed up 163 points, escaping from the correction. The S&P 500 ended the day up 0.76% while the Nasdaq rose 0.7%.

Caterpillar shares rose 2.2%, while Boeing increased 2%. Shares of Caterpillar and Boeing are considered the bell for global trade when operating these two companies in relation to foreign markets. Apple also increased 0.6%.

Netflix is ​​expected to report today. This stock is currently the brightest star in the market in 2019 when it has increased by more than 31%. Netflix’s profit will increase sharply after the online giant announced it would raise monthly subscription prices from 13 to 18 earlier this week.

Morgan Stanley reported profits and unimproved revenue for Wall Street. The company’s results have been pulled down by poor achievements in business enterprises and asset management. Morgan Stanley shares fell 4%. Citigroup, J.P. Morgan Chase and Wells Fargo also reported quarterly earnings this week.

Although the world is struggling, “West money” is helping this Southeast Asian stock market boom

After a year of slipping, Philippine stocks are beginning in 2019 in the best way in the world. A dream start also caused foreign investors to pour money into the Philippine stock market despite their massive withdrawal last year. The Philippines has really left behind the title of one of Asia’s worst stock markets in 2018.

At the moment, Rizal Commercial Bank Corp and AB Capital & Investment Corp have all pumped money to buy Philippine stocks instead of waiting for stocks to rise in price to discharge goods as they did last year. At the moment, Philippine stock has increased by 4.9% with a record increase of 1.7% at 10.50 am on 8/1. This momentum helps Philippine stocks can surpass the resistance level of 8,000 points in this quarter.

Optimistic psychology covered the Philippine stock market thanks to data of inflation slowing for the second consecutive month after peaking for 9 years, marking the biggest slowdown since May 5, 2018. Besides, the fact that the US Federal Reserve has signaled to slow down the process of raising interest rates made investors more secure in the down payment.

At the moment, foreign investors have pumped $ 49 million into securities funds this year. It also marked the longest net buying of foreign investors in the last 5 months. Last year, foreign investors withdrew $ 1.08 billion from the Philippine stock market, contributing to accelerating the slump in this market.

Meanwhile, many foreign investors expect Philippine stocks can increase to 8,100 to 8,200 points in the coming time. That means a huge profit if money is down at this time. The main task of investors at the moment is to choose good stocks to invest and make a profit.
Nomura Chetan Seth and Jayant Parasramka analysts said that currently, banking stocks and consumer-related businesses are being sought by investors. In addition, cash flow is being poured into stocks with medium market capitalization and the largest enterprises in the market in the hope of boosting the benchmark higher, helping to increase the attractiveness of Philippine securities.

If optimistic signs continue to be maintained, analysts believe that Philippine stocks may hit 8,300 points or even 8,400 points. Good statistics in the first quarter of 2019 will greatly contribute to the growth potential of this Southeast Asian stock market and vice versa.

Even more optimistic, UBS AG strategist Jody Santiago, believes that slow inflation may boost spending and profit margins can surprise corporate profits. If these become real, Philippine stocks may rise to 8,900 points this year.

Going back to reality, it is hard to say that foreign capital inflows into the Philippines market are a reversal compared to the wave of withdrawals last year. However, it can be affirmed that pouring capital into the market shows that investors are very interested in Philippine stocks in particular and emerging markets in general.