Facebook is officially launching its new redesigned video tab called “Watch,” where people can watch sport, episodic video shows and live videos, including live sports that Facebook has the rights to stream. This tab will showcase shows from likes of BuzzFeed, ATTN and Group Nine Media and it will be posted on Facebook free of charge. Watch can open up new revenue for both the social media giant and programme makers as users can expect targeted advertising before and during the shows. After this move, Facebook will face major competition from traditional TV networks and online services like YouTube and Netflix.
source:Techcrunch, Syafiq Adnan / Shutterstock.com
North Korea plans to fire four missiles near the U.S. territory of Guam by mid-August, as a war of words with Washington intensifies. North Korea calls Trump’s warning a ‘load of nonsense’ and said the U.S. leader was “bereft of reason.” Asian equities edged lower Thursday after the flare-up tensions between these two states, sending the Nikkei 225 on a negative note. The Shanghai Composite dropped 0.3 percent while the Hang Seng index lost 1.3 percent, and the Kospi index dropped 1 percent.
U.K. releases its Manufacturing Production for the month of June at 08:30 GMT today and the U.S. will be communicating its PPI for the month of July later around 12:30 GMT. Toshiba meets deadline and finally delivers its long-awaited earnings, thus reducing the risk that the company will be delisted from the Tokyo Stock Exchange. The firm posted a loss of $8.8 billion for the last fiscal year and auditor PricewaterhouseCoopers Aarata gave a “qualified opinion” on the company’s statement.
The EUR/USD pair has been moving in waves on Wednesday’s early trading hours and eventually shifted towards an uptrend in the after-hours trading. It gained momentum as from 19:00 and ended its session on a positive note by 23:00 UTC at $1.17631. Thursday, the asset’s graph clearly depicts a downtrend as it started losing value from the start of its session at 00:00 UTC and was dragged by pullbacks.
The S&P 500 has been recording huge sets of pullbacks since Tuesday 8th and its lowest level for this week remains at 2462.3 points at 09:00 UTC yesterday. However, it successfully gained some strength in yesterday’s midday and reached 2471.5 points at 15:00 UTC. Today, the index is seen shifting towards a downtrend from the very beginning in early trade and it could thus follow a bearish trend through today, it is available on the TradeReplica tool.
After recording few sets of pullbacks, the U.S. dollar index was quoted at a record high at the 93.80 level around 13:00 UTC in Wednesday’s session. However, it maintained the same trend later during the day as it tumbled as from 17:00 UTC to reach a low level of 93.51 by 22:00 UTC. In today’s session, it gained strength as from 00:00 at the 93.50 level to record momentary jumps till the 93.66 level by 04:00 and it may rise further today, keep an eye.
Things to watch on the market
Investors should consider trading on stocks of Facebook and the Nasdaq index as the company is taking huge steps and this could impact its shares.
Asian indices such as the Shanghai Composite, Hang Seng index, Hang Seng F-AUG17 are available for trade on the Classic Binary Options.
In regards to events due today, consider trading on assets such as the EUR/GBP, GBP/USD, EUR/USD and FTSE 100 index.