The Index managed to close just above the 8,350 level; that is a good sign in the near term. Granted, volumes are expected to be muted for the day, but price formation looks positively stronger at a critical level.
QNBFS Daily Technical Trader - Qatar for November 01, 2017QNB Group
The Index closed in the red but remains above the 8,000 level; we remain optimistic on the positive divergence seen on the MACD and the RSI on the daily
chart.
QNBFS Daily Technical Trader - Qatar for January 31, 2018Aicha El-Mamy
The Index created a bearish engulfing candlesticks pattern on the daily chart and a double-top price formation on the intraday chart; expect weakness on the uptrend.
QNBFS Daily Technical Trader - Qatar for October 17, 2017QNB Group
We have mentioned in previous reports that the Index is expected to recover (candlestick formation and positive divergence on the daily RSI vs the Index). There is another glimpse of hope; the Index broke above the downtrend channel in the short term (see intraday chart).
QNBFS Daily Technical Trader - Qatar for January 8, 2018QNB Group
The Index continued with its bullish move away from downtrend channel seen on the daily chart. That is good news, and now the top border of that channel is expected to be a strong support for any correction.
QNBFS Daily Technical Trader - Qatar for February 01, 2018Aicha El-Mamy
The Index has been weak as we expected and we should keep an eye on today’s closing. Today’s closing around the current levels means further weakness maybe seen against the recent uptick.
QNBFS Daily Technical Trader - Qatar for November 01, 2017QNB Group
The Index closed in the red but remains above the 8,000 level; we remain optimistic on the positive divergence seen on the MACD and the RSI on the daily
chart.
QNBFS Daily Technical Trader - Qatar for January 31, 2018Aicha El-Mamy
The Index created a bearish engulfing candlesticks pattern on the daily chart and a double-top price formation on the intraday chart; expect weakness on the uptrend.
QNBFS Daily Technical Trader - Qatar for October 17, 2017QNB Group
We have mentioned in previous reports that the Index is expected to recover (candlestick formation and positive divergence on the daily RSI vs the Index). There is another glimpse of hope; the Index broke above the downtrend channel in the short term (see intraday chart).
QNBFS Daily Technical Trader - Qatar for January 8, 2018QNB Group
The Index continued with its bullish move away from downtrend channel seen on the daily chart. That is good news, and now the top border of that channel is expected to be a strong support for any correction.
QNBFS Daily Technical Trader - Qatar for February 01, 2018Aicha El-Mamy
The Index has been weak as we expected and we should keep an eye on today’s closing. Today’s closing around the current levels means further weakness maybe seen against the recent uptick.
QNBFS Daily Technical Trader - Qatar January 05, 2017QNB Group
The RSI reached the overbought area on the daily chart, which means the market could be overheating. That been said, the Index’s movement remains positive. We keep the resistance at the 10,680, even though the Index closed marginally higher than the level.
QNBFS Daily Technical Trader - Qatar May 08, 2017QNB Group
The Index dropped further but remains above our expected support of 9,800. The RSI has been positively diverging against the Index; a relief rally is probable.
QNBFS Daily Technical Trader - Qatar for January 03, 2018QNB Group
The Index has been on the right foot in breaking away from the recent downtrend; the current breakout could act as a technical catalyst to move the Index in a new bullish trend. Corrections could take place but if the Index remains above the 8,200, we may see a positive 1Q.
QNBFS Daily Technical Trader - Qatar May 30, 2016QNB Group
The Index lost some ground but on very
shallow volumes. It should be noted that
the Index has been moving above
important support at 9,600. We remain
bearish as the trend remains down.
QNBFS Daily Technical Trader - Qatar for January 09, 2018QNB Group
The Index had a strong rally, reaching the psychological resistance level of 9,000. At this point, the Index met its 200 daily moving average which may act as a resistance against the current strength.
QNBFS Daily Technical Trader - Qatar for January 16, 2018Aicha El-Mamy
The Index started a correction and created a bearish engulfing candlestick; the correction is expected to continue. However, the Index managed to break above the downtrend channel and has been moving strongly up, which created strong support levels, especially between the 8,650 and 8,500 levels.
QNBFS Daily Technical Trader - Qatar for January 24, 2018Aicha El-Mamy
The Index broke above the 9,250 resistance, but we keep the resistance there for the time being. That been said, we see a bullish continuation pattern on the Index, which suggests the uptick will most likely to continue once the breakout above the 9,250 remains intact and confirmed with higher volumes.
QNBFS Daily Technical Trader - Qatar for October 23, 2017QNB Group
Another flat day above the 8,000 mark, no significant change has been noticed. Even though price momentum has been pointing mostly down (MACD<0 and price below its SMAs), volumes, however, remain subdued, which can deflate the negative momentum.
QNBFS Daily Technical Trader - Qatar June 02, 2016QNB Group
The Index inched up in the previous
session, but remains in a downtrend. That
been said, the Index reached the lower
border of the downtrend channel. As a
result, a relief rally may transpire, but
against the main direction of the Index
QNBFS Daily Technical Trader - Qatar May 09, 2016QNB Group
The QSE Index dropped slightly down; the
trend remains down. The RSI continued
further into the oversold area on the daily
chart yet positively diverging on the
intraday chart. As a result, a positive
pullback in the short term is becoming
more possible.
QNBFS Daily Technical Trader - Qatar May 23, 2016QNB Group
We remain bearish on the Index; it remains in its downtrend motion. The only positive indication we see is that the RSI reached the oversold area on the intraday chart. Even if the Index bounces, that could be used as an exit.
QNBFS Daily Technical Trader - Qatar for September 14, 2017QNB Group
The Index could stabilize around July’s low (around the 8,350 level). Indexes across almost all sectors have reached their oversold area, based on their respective RSI. As a result, there is a good chance for a relief rally.
QNBFS Daily Technical Trader - Qatar for January 10, 2018QNB Group
The Index moved slightly up but on lower volumes. In addition, it created a bearish reversal signal which indicates a possible correction maybe seen around the current resistance (the 9,000 level). Moreover, market breadth shows weakness may take place.
QNBFS Daily Technical Trader - Qatar for January 7, 2018QNB Group
The Index ended Thursday’s session slightly in the green but it created a second corrective candlestick. As a result, we may see a corrective wave on the current bullish leg.
QNBFS Daily Technical Trader - Qatar January 05, 2017QNB Group
The RSI reached the overbought area on the daily chart, which means the market could be overheating. That been said, the Index’s movement remains positive. We keep the resistance at the 10,680, even though the Index closed marginally higher than the level.
QNBFS Daily Technical Trader - Qatar May 08, 2017QNB Group
The Index dropped further but remains above our expected support of 9,800. The RSI has been positively diverging against the Index; a relief rally is probable.
QNBFS Daily Technical Trader - Qatar for January 03, 2018QNB Group
The Index has been on the right foot in breaking away from the recent downtrend; the current breakout could act as a technical catalyst to move the Index in a new bullish trend. Corrections could take place but if the Index remains above the 8,200, we may see a positive 1Q.
QNBFS Daily Technical Trader - Qatar May 30, 2016QNB Group
The Index lost some ground but on very
shallow volumes. It should be noted that
the Index has been moving above
important support at 9,600. We remain
bearish as the trend remains down.
QNBFS Daily Technical Trader - Qatar for January 09, 2018QNB Group
The Index had a strong rally, reaching the psychological resistance level of 9,000. At this point, the Index met its 200 daily moving average which may act as a resistance against the current strength.
QNBFS Daily Technical Trader - Qatar for January 16, 2018Aicha El-Mamy
The Index started a correction and created a bearish engulfing candlestick; the correction is expected to continue. However, the Index managed to break above the downtrend channel and has been moving strongly up, which created strong support levels, especially between the 8,650 and 8,500 levels.
QNBFS Daily Technical Trader - Qatar for January 24, 2018Aicha El-Mamy
The Index broke above the 9,250 resistance, but we keep the resistance there for the time being. That been said, we see a bullish continuation pattern on the Index, which suggests the uptick will most likely to continue once the breakout above the 9,250 remains intact and confirmed with higher volumes.
QNBFS Daily Technical Trader - Qatar for October 23, 2017QNB Group
Another flat day above the 8,000 mark, no significant change has been noticed. Even though price momentum has been pointing mostly down (MACD<0 and price below its SMAs), volumes, however, remain subdued, which can deflate the negative momentum.
QNBFS Daily Technical Trader - Qatar June 02, 2016QNB Group
The Index inched up in the previous
session, but remains in a downtrend. That
been said, the Index reached the lower
border of the downtrend channel. As a
result, a relief rally may transpire, but
against the main direction of the Index
QNBFS Daily Technical Trader - Qatar May 09, 2016QNB Group
The QSE Index dropped slightly down; the
trend remains down. The RSI continued
further into the oversold area on the daily
chart yet positively diverging on the
intraday chart. As a result, a positive
pullback in the short term is becoming
more possible.
QNBFS Daily Technical Trader - Qatar May 23, 2016QNB Group
We remain bearish on the Index; it remains in its downtrend motion. The only positive indication we see is that the RSI reached the oversold area on the intraday chart. Even if the Index bounces, that could be used as an exit.
QNBFS Daily Technical Trader - Qatar for September 14, 2017QNB Group
The Index could stabilize around July’s low (around the 8,350 level). Indexes across almost all sectors have reached their oversold area, based on their respective RSI. As a result, there is a good chance for a relief rally.
QNBFS Daily Technical Trader - Qatar for January 10, 2018QNB Group
The Index moved slightly up but on lower volumes. In addition, it created a bearish reversal signal which indicates a possible correction maybe seen around the current resistance (the 9,000 level). Moreover, market breadth shows weakness may take place.
QNBFS Daily Technical Trader - Qatar for January 7, 2018QNB Group
The Index ended Thursday’s session slightly in the green but it created a second corrective candlestick. As a result, we may see a corrective wave on the current bullish leg.
QNBFS Daily Technical Trader - Qatar for September 25, 2017QNB Group
The Index moved in the green another session but pared significant chunk of its gains later in the session. We remain optimistic, under the condition of not breaking below the recent low. Otherwise, we could test the 8,000 level.
QNBFS Daily Technical Trader - Qatar for November 13, 2017QNB Group
The Index stabilized after dropping marginally yesterday. The recent candlesticks exhibit indecision among market participants coming after a sharp drop. That could be another sign for the relief rally we are expecting.
QNBFS Daily Technical Trader - Qatar April 13, 2017QNB Group
The Index created a bullish engulfing
candlestick but the Index remains under
the 10,500 level but indecision overrules
the general sentiment in the market.
QNBFS Daily Technical Trader - Qatar March 19, 2017QNB Group
We keep the support level at 10,365, even
though the Index closed just below that
level. We expect the Index to possibly
bounce off the lower part of the
downtrend channel seen on the intraday
chart.
QNBFS Daily Technical Trader - Qatar May 16, 2017QNB Group
The Index closed with an uptick but remains neutral. All we have seen so far is a relief rally and we would like to see higher highs and higher lows for a bullish trend to, possibly, be established.
QNBFS Daily Technical Trader - Qatar June 19, 2017QNB Group
The Index created a corrective candlestick pattern; we may see some selling pressure but as long as it stays above the 9,000 level, it is considered stable.
QNBFS Daily Technical Trader - Qatar for November 23, 2017QNB Group
The Index remains around the 7,800 level,
which reflects potential support around there. With all the pressure that has been noticed on the Index, we remain positive on a potential relief rally, at least in the short term.
QNBFS Daily Technical Trader - Qatar October 18, 2016QNB Group
The Index closed slightly up but remains
flat in relation to its movement over the
past two weeks. That been said, the last
movement seen is a positive one and,
hopefully, could have an encouraging
impact on the market.
QNBFS Daily Market Report December 24, 2023QNB Group
The QE Index rose 0.8% to close at 10,285.3. Gains were led by the Transportation and Banks & Financial Services indices, gaining 1.4% and 1.2%, respectively.
QNBFS Daily Market Report October 04, 2023QNB Group
The QE Index rose 0.2% to close at 10,273.3. Gains were led by the Transportation and Consumer Goods & Services indices, gaining 1.7% and 0.1%, respectively.
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 24, 2023QNB Group
The QE Index rose 0.3% to close at 10,323.0. Gains were led by the Transportation and Industrials indices, gaining 0.8% each. Top gainers were Qatar Navigation and Al Khaleej Takaful Insurance Co., rising 3.3% and 2.0%, respectively.
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 17, 2023QNB Group
The QE Index declined 0.5% to close at 10,319.3. Losses were led by the Industrials and Consumer Goods & Services indices, falling 1.4% and 1.1%, respectively.
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to
sustain its breakout above the
double-bottom formation’s
neckline and continued with
its decline into the
formation’s territory.
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
The European Unemployment Puzzle: implications from population aging
QNBFS Daily Technical Trader - Qatar for September 24, 2017
1. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS Page 1 of 5
Daily Technical Trader – Qatar
Sunday, 24 September 2017
Today’s Coverage
Ticker Price Target
BRES 31.90 34.00
QSE Index
Level % Ch. Vol. (mn)
Last 8,360.77 0.15 3.7
Resistance/Support
Levels 1
st
2
nd
3
rd
Resistance 8,670 8,800 9,000
Support 8,350 8,200 8,000
QSE Index Commentary
Overview:
The Index managed to close just above
the 8,350 level; that is a good sign in the
near term. Granted, volumes are expected
to be muted for the day, but price
formation looks positively stronger at a
critical level.
Expected Resistance Level: 8,670
Expected Support Level: 8,350
QSE Index (Daily)
Source: Bloomberg, QNBFS Research
QSE Summary
Market Indicators 21 Sep 20 Sep %Ch.
Value Traded (QR mn) 167.8 331.1 -49.3
Ex. Mkt. Cap. (QR bn) 456.4 455.6 0.2
Volume (mn) 12.4 10.4 19.0
Number of Trans. 2,344 2,636 -11.1
Companies Traded 41 41 0.0
Market Breadth 26:13 29:10 –
QSE Indices
Market Indices Close 1D% RSI
Total Return 14,020.51 0.2 22.9
All Share Index 2,381.41 0.1 23.8
Banks 2,618.88 0.1 28.9
Industrials 2,543.21 1.0 30.1
Transportation 1,746.92 0.2 25.8
Real Estate 1,783.61 -0.1 34.7
Insurance 3,568.89 -1.5 25.0
Telecoms 1,012.67 0.2 27.4
Consumer Goods 5,020.94 -0.1 29.6
Al Rayan Islamic 3,369.56 0.4 27.0
Source: Bloomberg
RSI 14 (Overbought)
Ticker Close 1D% RSI
RSI 14 (Oversold)
Ticker Close 1D% RSI
AHCS 8.48 -0.4 16.0
QNNS 54.17 0.3 17.7
QATI 57.11 -2.9 19.2
ZHCD 70.00 0.0 20.3
ABQK 29.25 0.0 21.8
Source: Bloomberg
QSE Index (30min)
Source: Bloomberg, QNBFS Research
2. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS Page 2 of 5
BARWA REAL ESTATE CO (BRES)
Price % Ch. Volume
Last 31.90 0.00 83,197
Resistance/Support
Levels (QR) 1
st
2
nd
3
rd
Resistance 32.24 34.00 37.00
Support 30.00 29.00 28.00
Commentary
Overview:
The name has reached the QR30.00 five
times over the past two years; the RSI
moved above its oversold area on price
gains after each drop. If history can be
used as an indicator, then there is a good
chance for a short term rally on the name.
Expected Target Price: QR34.00 – QR37.00
A price breakout above QR32.24 triggers
the buy idea.
Suggested Stop-Loss Price: QR30.00
(Daily)
Source: Bloomberg, QNBFS Research
4. COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS Page 4 of 5
Definitions:
Candlestick: A chart that displays the high, low, opening and closing prices for a security in a single period. The body of the candle is made up by the opening and
the closing prices, i.e., the taller the body the greater the range between these two prices and vice versa. A colored candle denotes a closing price that is lower
than the opening price, while a white candle shows the opposite. The candlestick's shadows or wicks show the period's high and low prices and how they
compare to the opening and closing price. In general, the shape of the candle will vary upon the positions of the period's high, low, opening and closing prices.
Support: A level that could cause more buyers to step in in order to prevent the security from falling or causing the security price to head higher.
Resistance: An inverse of a support level. A resistance area or level could cause more sellers to step in in order to prevent the security from rising or causing the
security price to head lower.
SMA (Simple Moving Average): Is an arithmetic average, which calculates the average price of a security over a defined number of periods and is thus considered
a lagging indicator. SMAs used in our analysis refer to closing prices. In general, SMAs serve many purposes, such as a smoothing tool, an indicative price
direction and potential support/resistance levels.
Market Breadth: Breadth indicates the number of securities that have closed higher vs. the number of decliners in a particular exchange.
MACD (Moving Average Convergence/Divergence): Is a trading indicator, which shows changes in the strength, direction, momentum and duration of a trend in
a stock's price through a collection of three time series calculated from historical closing price data.
RSI (Relative Strength Index): Is a momentum indicator that compares a security’s price gains to its losses for a predetermined number of periods (we generally
use 14 periods). The RSI attempts to point out how a security, in relative terms, is in the overbought/oversold zone. Securities with a RSI above 70 could be
considered as overbought, and below 30 could be considered as oversold.
Pattern/Formation: Is a graphical presentation of a security’s price activity over a certain period of time. Formations come in different shapes (such as, head &
shoulders, triangles, flags, and so on). They can be used to identify potential trends, reversal of trends, price targets, entry and exit points, etc.
Fibonacci Retracements: Are horizontal lines that indicate expected areas of support/resistance for a security based on a predetermined price movement. These
levels are usually indicated by Fibonacci ratios of 23.6%, 38.2%, 50.0%, 61.8% and 100% from that particular movement.
Fibonacci Pivot and Intra-day Support/Resistance: A Pivot Point is generally used to formulate expected future support/resistance levels. From the base Pivot
Point, Fibonacci multiples of the high-low differential are added to form resistance levels and subtracted to form support levels.
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Contacts:
Zaid al-Nafoosi, CMT, CFTe Saugata Sarkar, CFA Shahan Keushgerian
Senior Research Analyst Head of Research Senior Research Analyst
Tel: (+974) 4476 6535 Tel: (+974) 4476 6534 Tel: (+974) 4476 6509
zaid.alnafoosi@qnbfs.com.qa saugata.sarkar@qnbfs.com.qa shahan.keushgerian@qnbfs.com.qa
Mohamed Abo Daff Youssef Elboghdady Feras Al-Sarraj
Senior Research Analyst Head of Institutional Sales & Trading Head of Sales
Tel: (+974) 4476 6589 Tel: (+974) 4476 6542 Tel: (+974) 4476 6514
mohd.abodaff@qnbfs.com.qa youssef.elboghdady@qnbfs.com.qa feras.alsarraj@qnbfs.com.qa
QNB Financial Services
Contact Center: (+974)4476 6666
PO Box 24025
Doha, Qatar
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