News of the day, Monday, December 27th:
China said on Monday that companies in Beijing's sub-sector of foreign investment should seek government approval for overseas listing. The National Development & Reform Commission (NDRC) also said that foreign exchange should not be involved in the operation and management of these companies. …
The overall trend is descending. The ascending truncated 5 sub-wave pattern has completed. There is a bearish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator have left the zone of the overbought conditions. The breach of the 0.6803 level will form the descending wave pattern. …
News for today, Friday, December 24:
In many markets the holiday period has already started. U.K., France, Poland and the Benelux countries’ markets are opened for the day. Euro was directionless at $1.1322, during the morning trade on European markets
Brent crude slid a little but is still on track …
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