While the coronavirus pandemic is shaking the global markets, experts have no option but stand by and watch the situation. The currency strategists of the largest investment banks are trying to figure out whether the market has bottomed out or there is still room for maneuver. Experts at JP Morgan Chase & Co and Goldman Sachs Group Inc., the two largest banking groups, have made their assessments of the current situation. JP Morgan analysts believe that the risky assets are being weighed down by the COVID-19 outbreak. The negative effects on this group of financial instruments are expected to be aggravated due to the recession gripping economies around the world. Experts at JP Morgan consider that the authorities have made every effort to stabilize and revive the economy, including different fiscal stimulus programmes. However, this did not help them turn the tide. Strategists at JP Morgan say that risky assets, excepting oil and some emerging market currencies, have hit their low points. Most of these currencies are likely to trade higher in the second quarter of 2020, so the bank recommends investors buy oversold assets. Goldman Sachs Group Inc. experts do not share the view of their colleagues from JP Morgan. The bank sees the market falling in the next few weeks. Nevertheless, the experts believe that it is too early to talk about bottoming out. According to Goldman Sachs, a sustainable stock market rally requires a number of conditions such as a slower rate of the novel coronavirus spread, a reduction in investor positions, and well-coordinated fiscal stimulus measures. Other banking experts are refraining from making projections. Some of them suggest closely monitoring current developments and not rushing to purchase any assets. Experts emphasize that the bearish market sentiment rarely leads to massive sell-off without repeated testing of the bottom.

Read more: https://www.mt5.com/forex_humor/image/48427

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There is no better way to get new experiences and unwind than to go to a new place. Traveling is always a good medicine from our mundane daily routine. However, while planning a vacation, be careful when you choose your destination. Some people prefer to go to popular touristic places. When they arrive, they discover a hoard of tourists hanging around. Due to the overcrowded streets and other places, their holiday turns into a nightmare. In order not to get such experience, read our article about five the most overcrowded tourist destinations.

Phuket, Thailand
Phuket takes the first place among the busiest tourist destinations. 9.29 million people come to the island a year. According to preliminary estimates, it has 25 452 visitors per day, and 1 square mile accounts for more than 5,000 tourists. Phuket has a lot to offer. Apart from lying on its beautiful beaches, travelers can enjoy inexpensive shopping, visit cultural and historical attractions, as well as try snorkeling in the Andaman sea.

Palma de Mallorca, Spain
The second place goes to Palma de Mallorca. It is the resort town and capital of the Spanish island of Mallorca. It is estimated that there are 2,918 tourists per square mile. Thanks to the tourist boom, Mallorca has become one of the most sought-after Mediterranean resorts. Some beaches of the island such as Alcudia, Playa de Muro, Puerto de Andratx in camp de Mar are marked with the Blue Flag, a symbol of an environmentally friendly place. Mallorca offers a wide range of entertainment, as well as comfortable hotels, and stunning Mediterranean cuisine.

Pattaya, Thailand
Pattaya is on the third place in the list among the most popular holiday destinations. The city has 2,762 tourists per square mile. Pattaya offers numerous kinds of entertainment and amazing beaches. The only drawback is unclear water near the coast. Pattaya has more than 250 hotels and more than 400 guest houses, two paid water parks at the hotels Pattaya Park and Centara Grand Mirage, Khao Kheo petting zoo, Pattaya Dolphins dolphinarium, etc.

Paris, France
The fourth place in the ranking of the busiest tourist destinations goes to the capital of France. Approximately, in Paris, there are 1,174 tourists per 1 square mile. The city has 173 museums of various types with exhibits from around the world. Museums are divided into national (the Louvre and the Centre Pompidou), municipal-controlled (the Museum Carnavale), and private collections (the Musee Jacquemart–Andre).

Barcelona, Spain
Barcelona closes the top five overcrowded places for a holiday. There are 605 tourists per 1 square mile. Barcelona is famous for its great cultural and historical heritage as well as its unique architecture. The center of Catalonia attracts travelers with its mild climate. In Barcelona, tourists admire the surreal buildings – masterpieces of Antonio Gaudi, enjoy a beach holiday, delicious food, and different types of entertainment. The coastline of Barcelona is almost completely occupied by 8 beaches: San Sebastian, Barceloneta, San Miguel, Somorrostro, Nova Icaria, Bogatel, Mar Bella and Levant.

https://instaforex.livejournal.com/2079748.html

There is no better way to get new experiences and unwind than to go to a new place. Traveling is always a good medicine from our mundane daily routine. However, while planning a vacation, be careful when you choose your destination. Some people prefer to go to popular touristic places. When they arrive, they discover a hoard of tourists hanging around. Due to the overcrowded streets and other places, their holiday turns into a nightmare. In order not to get such experience, read our article about five the most overcrowded tourist destinations.

Phuket, Thailand
Phuket takes the first place among the busiest tourist destinations. 9.29 million people come to the island a year. According to preliminary estimates, it has 25 452 visitors per day, and 1 square mile accounts for more than 5,000 tourists. Phuket has a lot to offer. Apart from lying on its beautiful beaches, travelers can enjoy inexpensive shopping, visit cultural and historical attractions, as well as try snorkeling in the Andaman sea.

Palma de Mallorca, Spain
The second place goes to Palma de Mallorca. It is the resort town and capital of the Spanish island of Mallorca. It is estimated that there are 2,918 tourists per square mile. Thanks to the tourist boom, Mallorca has become one of the most sought-after Mediterranean resorts. Some beaches of the island such as Alcudia, Playa de Muro, Puerto de Andratx in camp de Mar are marked with the Blue Flag, a symbol of an environmentally friendly place. Mallorca offers a wide range of entertainment, as well as comfortable hotels, and stunning Mediterranean cuisine.

Pattaya, Thailand
Pattaya is on the third place in the list among the most popular holiday destinations. The city has 2,762 tourists per square mile. Pattaya offers numerous kinds of entertainment and amazing beaches. The only drawback is unclear water near the coast. Pattaya has more than 250 hotels and more than 400 guest houses, two paid water parks at the hotels Pattaya Park and Centara Grand Mirage, Khao Kheo petting zoo, Pattaya Dolphins dolphinarium, etc.

Paris, France
The fourth place in the ranking of the busiest tourist destinations goes to the capital of France. Approximately, in Paris, there are 1,174 tourists per 1 square mile. The city has 173 museums of various types with exhibits from around the world. Museums are divided into national (the Louvre and the Centre Pompidou), municipal-controlled (the Museum Carnavale), and private collections (the Musee Jacquemart–Andre).

Barcelona, Spain
Barcelona closes the top five overcrowded places for a holiday. There are 605 tourists per 1 square mile. Barcelona is famous for its great cultural and historical heritage as well as its unique architecture. The center of Catalonia attracts travelers with its mild climate. In Barcelona, tourists admire the surreal buildings – masterpieces of Antonio Gaudi, enjoy a beach holiday, delicious food, and different types of entertainment. The coastline of Barcelona is almost completely occupied by 8 beaches: San Sebastian, Barceloneta, San Miguel, Somorrostro, Nova Icaria, Bogatel, Mar Bella and Levant.

https://instaforex.livejournal.com/2079748.html

There is no better way to get new experiences and unwind than to go to a new place. Traveling is always a good medicine from our mundane daily routine. However, while planning a vacation, be careful when you choose your destination. Some people prefer to go to popular touristic places. When they arrive, they discover a hoard of tourists hanging around. Due to the overcrowded streets and other places, their holiday turns into a nightmare. In order not to get such experience, read our article about five the most overcrowded tourist destinations.

Phuket, Thailand
Phuket takes the first place among the busiest tourist destinations. 9.29 million people come to the island a year. According to preliminary estimates, it has 25 452 visitors per day, and 1 square mile accounts for more than 5,000 tourists. Phuket has a lot to offer. Apart from lying on its beautiful beaches, travelers can enjoy inexpensive shopping, visit cultural and historical attractions, as well as try snorkeling in the Andaman sea.

Palma de Mallorca, Spain
The second place goes to Palma de Mallorca. It is the resort town and capital of the Spanish island of Mallorca. It is estimated that there are 2,918 tourists per square mile. Thanks to the tourist boom, Mallorca has become one of the most sought-after Mediterranean resorts. Some beaches of the island such as Alcudia, Playa de Muro, Puerto de Andratx in camp de Mar are marked with the Blue Flag, a symbol of an environmentally friendly place. Mallorca offers a wide range of entertainment, as well as comfortable hotels, and stunning Mediterranean cuisine.

Pattaya, Thailand
Pattaya is on the third place in the list among the most popular holiday destinations. The city has 2,762 tourists per square mile. Pattaya offers numerous kinds of entertainment and amazing beaches. The only drawback is unclear water near the coast. Pattaya has more than 250 hotels and more than 400 guest houses, two paid water parks at the hotels Pattaya Park and Centara Grand Mirage, Khao Kheo petting zoo, Pattaya Dolphins dolphinarium, etc.

Paris, France
The fourth place in the ranking of the busiest tourist destinations goes to the capital of France. Approximately, in Paris, there are 1,174 tourists per 1 square mile. The city has 173 museums of various types with exhibits from around the world. Museums are divided into national (the Louvre and the Centre Pompidou), municipal-controlled (the Museum Carnavale), and private collections (the Musee Jacquemart–Andre).

Barcelona, Spain
Barcelona closes the top five overcrowded places for a holiday. There are 605 tourists per 1 square mile. Barcelona is famous for its great cultural and historical heritage as well as its unique architecture. The center of Catalonia attracts travelers with its mild climate. In Barcelona, tourists admire the surreal buildings – masterpieces of Antonio Gaudi, enjoy a beach holiday, delicious food, and different types of entertainment. The coastline of Barcelona is almost completely occupied by 8 beaches: San Sebastian, Barceloneta, San Miguel, Somorrostro, Nova Icaria, Bogatel, Mar Bella and Levant.

https://instaforex.livejournal.com/2079748.html

There is no better way to get new experiences and unwind than to go to a new place. Traveling is always a good medicine from our mundane daily routine. However, while planning a vacation, be careful when you choose your destination. Some people prefer to go to popular touristic places. When they arrive, they discover a hoard of tourists hanging around. Due to the overcrowded streets and other places, their holiday turns into a nightmare. In order not to get such experience, read our article about five the most overcrowded tourist destinations.

Phuket, Thailand
Phuket takes the first place among the busiest tourist destinations. 9.29 million people come to the island a year. According to preliminary estimates, it has 25 452 visitors per day, and 1 square mile accounts for more than 5,000 tourists. Phuket has a lot to offer. Apart from lying on its beautiful beaches, travelers can enjoy inexpensive shopping, visit cultural and historical attractions, as well as try snorkeling in the Andaman sea.

Palma de Mallorca, Spain
The second place goes to Palma de Mallorca. It is the resort town and capital of the Spanish island of Mallorca. It is estimated that there are 2,918 tourists per square mile. Thanks to the tourist boom, Mallorca has become one of the most sought-after Mediterranean resorts. Some beaches of the island such as Alcudia, Playa de Muro, Puerto de Andratx in camp de Mar are marked with the Blue Flag, a symbol of an environmentally friendly place. Mallorca offers a wide range of entertainment, as well as comfortable hotels, and stunning Mediterranean cuisine.

Pattaya, Thailand
Pattaya is on the third place in the list among the most popular holiday destinations. The city has 2,762 tourists per square mile. Pattaya offers numerous kinds of entertainment and amazing beaches. The only drawback is unclear water near the coast. Pattaya has more than 250 hotels and more than 400 guest houses, two paid water parks at the hotels Pattaya Park and Centara Grand Mirage, Khao Kheo petting zoo, Pattaya Dolphins dolphinarium, etc.

Paris, France
The fourth place in the ranking of the busiest tourist destinations goes to the capital of France. Approximately, in Paris, there are 1,174 tourists per 1 square mile. The city has 173 museums of various types with exhibits from around the world. Museums are divided into national (the Louvre and the Centre Pompidou), municipal-controlled (the Museum Carnavale), and private collections (the Musee Jacquemart–Andre).

Barcelona, Spain
Barcelona closes the top five overcrowded places for a holiday. There are 605 tourists per 1 square mile. Barcelona is famous for its great cultural and historical heritage as well as its unique architecture. The center of Catalonia attracts travelers with its mild climate. In Barcelona, tourists admire the surreal buildings – masterpieces of Antonio Gaudi, enjoy a beach holiday, delicious food, and different types of entertainment. The coastline of Barcelona is almost completely occupied by 8 beaches: San Sebastian, Barceloneta, San Miguel, Somorrostro, Nova Icaria, Bogatel, Mar Bella and Levant.

https://instaforex.livejournal.com/2079748.html

The intensifying coronavirus pandemic could also affect the cryptocurrency sphere. Many experts fear serious disruptions in digital assets mining and their transactions.

Experts at Riot Blockchain, a US cryptocurrency mining firm, are sure that the blockchain company is already facing the operational challenges. Due to the COVID-19 spread, such options as Bitcoin mining and its transactions turned out to be at risk.

Riot Blockchain analysts unveiled their concerns in a report to the Securities and Exchange Committee (SEC). In this document, experts outlined the effect the coronavirus outbreak is having on the company's mining operations. Notably, all of its employees were forced to either self-isolate or quarantine themselves.

According to Riot Blockchain, its supply chain related to BTC transactions has been disrupted due to production halts and transport restrictions. Experts note that if the company is not able to track miners' actions in blockchain networks, it will have difficulty operating its farms and Bitcoin mining will become impossible. As proof, the company cites statistics from Chinese mining firms which felt a similar pinch during the quarantine period.

At present, Riot Blockchain's operation features 4,000 S17 Pro Antminers purchased in December 2019. Now the company uses this equipment to tackle the current challenges. However, there is concern that the situation might deteriorate. Analysts recall that the cryptocurrency sphere experienced its second largest drop in history as the Bitcoin network adjusted its mining difficulty on March 26.

Read more: https://www.mt5.com/forex_humor/image/48374

https://instaforex.livejournal.com/2079540.html

The intensifying coronavirus pandemic could also affect the cryptocurrency sphere. Many experts fear serious disruptions in digital assets mining and their transactions.

Experts at Riot Blockchain, a US cryptocurrency mining firm, are sure that the blockchain company is already facing the operational challenges. Due to the COVID-19 spread, such options as Bitcoin mining and its transactions turned out to be at risk.

Riot Blockchain analysts unveiled their concerns in a report to the Securities and Exchange Committee (SEC). In this document, experts outlined the effect the coronavirus outbreak is having on the company's mining operations. Notably, all of its employees were forced to either self-isolate or quarantine themselves.

According to Riot Blockchain, its supply chain related to BTC transactions has been disrupted due to production halts and transport restrictions. Experts note that if the company is not able to track miners' actions in blockchain networks, it will have difficulty operating its farms and Bitcoin mining will become impossible. As proof, the company cites statistics from Chinese mining firms which felt a similar pinch during the quarantine period.

At present, Riot Blockchain's operation features 4,000 S17 Pro Antminers purchased in December 2019. Now the company uses this equipment to tackle the current challenges. However, there is concern that the situation might deteriorate. Analysts recall that the cryptocurrency sphere experienced its second largest drop in history as the Bitcoin network adjusted its mining difficulty on March 26.

Read more: https://www.mt5.com/forex_humor/image/48374

https://instaforex.livejournal.com/2079540.html

Nowadays, there are many unique coins in the world. Some of them are not only the biggest and the most valuable but also the heaviest. Such showpieces are rarely included in collections of numismatists as they usually have a large size. These coins can only be found in exhibitions in museums. Find out more about top 7 coins that captivate imagination in our article

Australian Kangaroo
The Australian Kangaroo is recognized as the world’s largest coin. The nominal value of the Australian Kangaroo is 1 million Australian dollars. The coin is made of pure gold and weighs 1 tonne. The showpiece is 78 cm wide and 12 cm deep. The coin was designed in a single copy in 2011. The issue of the coin coincided with the Royal visit of Her Majesty Queen Elizabeth II to Australia. The obverse of the coin features the effigy of Queen Elizabeth II while the reverse of the coin contains the image of a red kangaroo. In 2019, the Australian Kangaroo gold bullion coin was worth $55.4 million.

“100 years of the koruna”
The second world’s heavyweight gold coin is “100 years of the koruna” with a face value of CZK 100 million. The coin was issued on February 1, 2019. “100 years of the koruna” weighs 130 kg. It is 53.5 cm in diameter and 4.7 cm thick. The coin was released to mark the 100th anniversary of the first issue of the Czechoslovak currency. The head side of the coin depicts the birth of the Czechoslovak koruna among ears of wheat and the tail side shows the country's national emblem with the famous Czech lion.

Canadian Gold Maple Leaf
The Canadian Gold Maple Leaf is considered to be the third largest coin in the world. The gold bullion coin was issued in 2007. The Canadian Gold Maple Leaf weighs 100 kg, has a diameter of 50 cm, and is 3 cm deep. Overall, there are six such coins in a set. One copy remained in Ottawa, the capital of Canada, the second belongs to Queen Elizabeth II, and three are owned by unknown buyers from Dubai, UAE. The last showpiece is possessed by Oro Direct, a Spanish company which sells precious metals.

Vienna Philharmonic
This coin is different from the rest and has a deep-rooted history. The first gold Vienna Philharmonic coin was introduced in 1989. Back then, the nominal value was denominated in Austrian shillings. Then it was changed to the euro in 2002. 15 gold bullion coins were released in 2004 with a value of 100,000 euros. The coins are 37 cm in diameter and weigh 31.1 kg each. In the center of the coin’s obverse there is the pipe organ in the Vienna Musikverein's Golden Hall. The reverse of the coin depicts popular instruments such as Vienna horn, bassoon, harp, four violins, and a cello.

2008 Beijing Olympic coin
This Chinese gold heavyweight coin is the fifth on the list. The coin was issued in 2008 to mark the 29th Olympic Games in Beijing. The coin is 18 cm in diameter and weighs 10 kg. The head of the coin has the logo of the Beijing Olympics while the Temple of Heaven with a dragon surrounded by clouds, as well as 17 athletes symbolizing various kinds of sports, are pictured on the reverse.

“Bank of Russia” coin
The sixth on the list of countries with the largest gold coins is Russia. In 2010, Saint Petersburg Mint issued 50 coins weighing 5 kg with a face value of 50 thousand rubles. The emblem of the Bank of Russia decorates the obverse of these coins. The reverse shows the images of Russia’s Central Bank building and portraits of three persons who made a significant contribution to the formation of the regulator - Emperor Alexander II, Alexander Stiglitz, the first head of the bank, and Eugene Lamansky, the head of the bank in 1866-1881.

Taj Mahal coin
The seventh heavyweight gold coin in the world is the Taj Mahal coin issued by the Monnaie de Paris in 2010. The coin weighs 1 kg and has a nominal value of 5,000 euros. The coin is included in the UNESCO World Heritage series. Its obverse is ornamented with the picture of the popular Indian mausoleum Taj Mahal. The dome of the building is encrusted with 68 diamonds. The reverse of the coin depicts UNESCO headquarters in Paris

https://instaforex.livejournal.com/2079408.html

Nowadays, there are many unique coins in the world. Some of them are not only the biggest and the most valuable but also the heaviest. Such showpieces are rarely included in collections of numismatists as they usually have a large size. These coins can only be found in exhibitions in museums. Find out more about top 7 coins that captivate imagination in our article

Australian Kangaroo
The Australian Kangaroo is recognized as the world’s largest coin. The nominal value of the Australian Kangaroo is 1 million Australian dollars. The coin is made of pure gold and weighs 1 tonne. The showpiece is 78 cm wide and 12 cm deep. The coin was designed in a single copy in 2011. The issue of the coin coincided with the Royal visit of Her Majesty Queen Elizabeth II to Australia. The obverse of the coin features the effigy of Queen Elizabeth II while the reverse of the coin contains the image of a red kangaroo. In 2019, the Australian Kangaroo gold bullion coin was worth $55.4 million.

“100 years of the koruna”
The second world’s heavyweight gold coin is “100 years of the koruna” with a face value of CZK 100 million. The coin was issued on February 1, 2019. “100 years of the koruna” weighs 130 kg. It is 53.5 cm in diameter and 4.7 cm thick. The coin was released to mark the 100th anniversary of the first issue of the Czechoslovak currency. The head side of the coin depicts the birth of the Czechoslovak koruna among ears of wheat and the tail side shows the country's national emblem with the famous Czech lion.

Canadian Gold Maple Leaf
The Canadian Gold Maple Leaf is considered to be the third largest coin in the world. The gold bullion coin was issued in 2007. The Canadian Gold Maple Leaf weighs 100 kg, has a diameter of 50 cm, and is 3 cm deep. Overall, there are six such coins in a set. One copy remained in Ottawa, the capital of Canada, the second belongs to Queen Elizabeth II, and three are owned by unknown buyers from Dubai, UAE. The last showpiece is possessed by Oro Direct, a Spanish company which sells precious metals.

Vienna Philharmonic
This coin is different from the rest and has a deep-rooted history. The first gold Vienna Philharmonic coin was introduced in 1989. Back then, the nominal value was denominated in Austrian shillings. Then it was changed to the euro in 2002. 15 gold bullion coins were released in 2004 with a value of 100,000 euros. The coins are 37 cm in diameter and weigh 31.1 kg each. In the center of the coin’s obverse there is the pipe organ in the Vienna Musikverein's Golden Hall. The reverse of the coin depicts popular instruments such as Vienna horn, bassoon, harp, four violins, and a cello.

2008 Beijing Olympic coin
This Chinese gold heavyweight coin is the fifth on the list. The coin was issued in 2008 to mark the 29th Olympic Games in Beijing. The coin is 18 cm in diameter and weighs 10 kg. The head of the coin has the logo of the Beijing Olympics while the Temple of Heaven with a dragon surrounded by clouds, as well as 17 athletes symbolizing various kinds of sports, are pictured on the reverse.

“Bank of Russia” coin
The sixth on the list of countries with the largest gold coins is Russia. In 2010, Saint Petersburg Mint issued 50 coins weighing 5 kg with a face value of 50 thousand rubles. The emblem of the Bank of Russia decorates the obverse of these coins. The reverse shows the images of Russia’s Central Bank building and portraits of three persons who made a significant contribution to the formation of the regulator - Emperor Alexander II, Alexander Stiglitz, the first head of the bank, and Eugene Lamansky, the head of the bank in 1866-1881.

Taj Mahal coin
The seventh heavyweight gold coin in the world is the Taj Mahal coin issued by the Monnaie de Paris in 2010. The coin weighs 1 kg and has a nominal value of 5,000 euros. The coin is included in the UNESCO World Heritage series. Its obverse is ornamented with the picture of the popular Indian mausoleum Taj Mahal. The dome of the building is encrusted with 68 diamonds. The reverse of the coin depicts UNESCO headquarters in Paris

https://instaforex.livejournal.com/2079408.html

Amid the intensifying coronavirus pandemic, the German economy is trying to adequately respond to the challenges provoked by the current negative situation. According to the German Council of Economic Experts, the country's gross domestic product will suffer the most in 2020. They predict that COVID-19 can plunge the European largest economy into recession.

The experts analyzed the potential economic fallout from the coronavirus pandemic on the basis of three different scenarios. The basic risk scenario assumes a short period of restrictive measures introduced in the country, meaning that the economic situation could normalize over the summer. In this case, GDP is expected to drop by only 2.8%. In 2021, the economy can recover by 3.7%, analysts say.

The second scenario seems less optimistic. It involves widespread halts to production and longer-lasting restrictive measures. The experts are confident that in such a situation, Germany's GDP is likely to contract by 5.4%. As a result, the country will go into the red this year.

According to the third scenario, the current lockdown will continue until the end of the summer, while a complete workplace shutdown is still in question. The Council of Economic Experts points up a deterioration in financial conditions and ongoing uncertainty in the near future. Against this background, consumption and investment spending will decline, experts are sure. In such a case, in 2020, the German economy will most likely shrink by 4.5%.

Read more: https://www.mt5.com/forex_humor/image/48308

https://instaforex.livejournal.com/2079064.html

Amid the intensifying coronavirus pandemic, the German economy is trying to adequately respond to the challenges provoked by the current negative situation. According to the German Council of Economic Experts, the country's gross domestic product will suffer the most in 2020. They predict that COVID-19 can plunge the European largest economy into recession.

The experts analyzed the potential economic fallout from the coronavirus pandemic on the basis of three different scenarios. The basic risk scenario assumes a short period of restrictive measures introduced in the country, meaning that the economic situation could normalize over the summer. In this case, GDP is expected to drop by only 2.8%. In 2021, the economy can recover by 3.7%, analysts say.

The second scenario seems less optimistic. It involves widespread halts to production and longer-lasting restrictive measures. The experts are confident that in such a situation, Germany's GDP is likely to contract by 5.4%. As a result, the country will go into the red this year.

According to the third scenario, the current lockdown will continue until the end of the summer, while a complete workplace shutdown is still in question. The Council of Economic Experts points up a deterioration in financial conditions and ongoing uncertainty in the near future. Against this background, consumption and investment spending will decline, experts are sure. In such a case, in 2020, the German economy will most likely shrink by 4.5%.

Read more: https://www.mt5.com/forex_humor/image/48308

https://instaforex.livejournal.com/2079064.html

here are many unusual landmarks across the world that capture imagination. Sometimes such architectural monuments can be located on water. Read about the top seven off-shore wonders in our article

Burj Al Arab, UAE
The Burj Al Arab is ranked first on our list. This magnificent hotel is located 280 metres from the shore. The Burj Al Arab was built on an artificial island and is connected to the mainland by a bridge. The skyscraper is 321 metres tall. The hotel’s structure was designed in a shape to resemble the sail of a ship.

Our Lady of the Rocks, Montenegro
The Second unique water landmark on the list is Our Lady of the Rocks. This is the only artificial island that stands near the shores of the Adriatic Sea. Our Lady of the Rocks is one of the islands off the coast of Perast in the Bay of Kotor. The Roman Catholic Church of Our Lady of the Rocks is located on the island. The church is 11 metres tall.

Veluwemeer Aqueduct, Netherlands
Veluwemeer Aqueduct is the third wonder built on water. The waterbridge connects the mainland Netherlands and Flevoland. There is a roadway under the aqueduct, as well a boat passage, and pedestrian walkways on both sides of the bridge.

Venetian Islands, US
The Venetian Islands, a chain of artificial islands in Biscayne Bay, is another architectural masterpiece on water. The chain spreads between the cities of Maiami and Miami Beach, Florida. Nowadays, around 13 thousand people live on the islands. Houses and green spaces on the island are located on artificial mounds.

Jal Mahal, India
Jal Mahal is the fifth architectural monument on the list. This palace is situated on the Man Sagar Lake in Jaipur city. Jal Mahal stands in a valley surrounded by picturesque mountains.

Peberholm, Denmark
Peberholm is ranked six on the list of water landmarks. This artificial island is located in the Oresund strait. Peberholm was created as part of the Oresund Bridge connecting Denmark with Sweden. Scientists call the island a biological experiment. They believe that human intervention is unnecessary as nature itself will decide what flora and fauna Peberholm needs.

Kansai Airport, Japan
The Kansai International Airport in Japan looks unusual compared to other water constructions. The airport was built on an artificial island in the Gulf of Osaka five kilometers from the city of Osaka. The Japanese authorities decided to move the airport to a remote territory because of the high noise level in the city.

https://instaforex.livejournal.com/2078768.html

here are many unusual landmarks across the world that capture imagination. Sometimes such architectural monuments can be located on water. Read about the top seven off-shore wonders in our article

Burj Al Arab, UAE
The Burj Al Arab is ranked first on our list. This magnificent hotel is located 280 metres from the shore. The Burj Al Arab was built on an artificial island and is connected to the mainland by a bridge. The skyscraper is 321 metres tall. The hotel’s structure was designed in a shape to resemble the sail of a ship.

Our Lady of the Rocks, Montenegro
The Second unique water landmark on the list is Our Lady of the Rocks. This is the only artificial island that stands near the shores of the Adriatic Sea. Our Lady of the Rocks is one of the islands off the coast of Perast in the Bay of Kotor. The Roman Catholic Church of Our Lady of the Rocks is located on the island. The church is 11 metres tall.

Veluwemeer Aqueduct, Netherlands
Veluwemeer Aqueduct is the third wonder built on water. The waterbridge connects the mainland Netherlands and Flevoland. There is a roadway under the aqueduct, as well a boat passage, and pedestrian walkways on both sides of the bridge.

Venetian Islands, US
The Venetian Islands, a chain of artificial islands in Biscayne Bay, is another architectural masterpiece on water. The chain spreads between the cities of Maiami and Miami Beach, Florida. Nowadays, around 13 thousand people live on the islands. Houses and green spaces on the island are located on artificial mounds.

Jal Mahal, India
Jal Mahal is the fifth architectural monument on the list. This palace is situated on the Man Sagar Lake in Jaipur city. Jal Mahal stands in a valley surrounded by picturesque mountains.

Peberholm, Denmark
Peberholm is ranked six on the list of water landmarks. This artificial island is located in the Oresund strait. Peberholm was created as part of the Oresund Bridge connecting Denmark with Sweden. Scientists call the island a biological experiment. They believe that human intervention is unnecessary as nature itself will decide what flora and fauna Peberholm needs.

Kansai Airport, Japan
The Kansai International Airport in Japan looks unusual compared to other water constructions. The airport was built on an artificial island in the Gulf of Osaka five kilometers from the city of Osaka. The Japanese authorities decided to move the airport to a remote territory because of the high noise level in the city.

https://instaforex.livejournal.com/2078768.html

The Chinese authorities take steps to support the yuan. The local central bank has already established the yuan exchange rate at a higher level in order to stabilize the national currency. According to experts, this is the first measure in a series of efforts to revive the renminbi after the recent weakness. The yuan fixing was set at 7.0692 against the US dollar which exceeded the average forecast by 105 basis points. The spread had been the highest since February 3 which was the first trading day in China after the Lunar New year holiday extended due to the spread of the coronavirus. Usually, the Chinese authorities control the official exchange rate allowing the yuan to fluctuate within a 2% range from the daily fixing. By raising the exchange rate, the People’s Bank of China significantly reduced pressure on the yuan which the currency had faced for the last couple of weeks. The yuan traded at the level of 7.1082 against the greenback, strengthening briefly, and then dropped by 0.67%. Thus, the yuan became the worst among emerging market currencies which are tracked by Bloomberg. Meanwhile, the majority of currencies gained ground amid the unprecedented stimulus package introduced by the US government.

Read more: https://www.mt5.com/forex_humor/image/48241

https://instaforex.livejournal.com/2078684.html

China will be in the center of people's attention for a long time due to the rapid spread of COVID-19 across the globe which originated in the country. Nowadays, the focus shifted on Europe. However, China still remains the place of several unsolved mysteries. Thus, experts consider the construction of the so-called ghost towns in China to be one of these inexplicable phenomena. Read about five ghost cities located in China in our article

Ordos City
This Chinese megacity is considered to be the most popular ghost town in the world. There is a great number of mineral deposits around Ordos. Although real estate developments in Ordos were sold during the contraction phase, people have been reluctant to move in. The city is able to accommodate about 1 million residents. However, the population density remains low and does not reach 10%.

Kangbashi

This metropolis is recognized as one of the largest sparsely populated cities in China. According to experts, the city is able to accommodate more than 1 million people. Kangbashi was constructed to become a zone intended for the urbanization of peasants from nearby villages. However, the reality was different. Currently, only 30,000 people live in the city. No increase in the population is expected in the future.

Tianducheng
In the Chinese suburb of Guangzhou, there is one more ghost town, which is significantly different from the rest. Tianducheng resembles a mini open-air museum. There are copies of many Parisian attractions, including the Eiffel Tower, in the city. Initially, Tianducheng was designed to accomodate 10,000 people. Nowadays, only 20% of residents live in the city.

Nanhui New City
This megacity is located near Shanghai. Nanhui New City was slated to become a “mini- Hong Kong”, as well as the largest trading port and tourist center. However, the city was almost uninhabited up until recently. Recently, many universities have been opened in the city. Currently, more than 100,000 students live and study in Nanhui New City.

Thames Town
Thames Town, a unique tourist attraction, is ranked fifth on the list of top 5 Chinese ghost towns. The city’s architecture features the style of a typical English town. There are many neat beautiful houses no more than three floors high. The city can accommodate about 10,000 people. However, Thames Town remains only a tourist attraction. The city is a favorite place for photo shoots among the Chinese, Europeans and Americans.

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The spread of the coronavirus is another issue the US has faced along with a massive public debt, domestic problems, and the preparation for the election 2020. The COVID-19 outbreak is a serious test for all humanity. The global economy can suffer the most from the negative impact of COVID-19. Moreover, it will take a lot of time and resources for the economy to recover. Indeed, the US government plays a key role in responding to any threat to humankind. The entire world expects decisive actions from Washington. However, the problem is that, apart from the rapid spread of the coronavirus across the country, the US has a huge debt which has already exceeded $23.5 trillion and is larger than the size of the national economy. There is every indication that the US deficit will be growing faster than the economy. That is why the increase of the budget deficit by $2 trillion has sparked off an intense political debate. The announced $2 trillion stimulus package stands as the largest emergency aid program in US history. Thus, every American citizen will receive $1,000 of financial aid while employees of companies with more than 500 people will get two weeks of paid sick leave. Employees who are taking a leave will be paid at least two-thirds of their regular pay rate from the federal budget.

Read more: https://www.mt5.com/forex_humor/image/48182

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The spread of the coronavirus is another issue the US has faced along with a massive public debt, domestic problems, and the preparation for the election 2020. The COVID-19 outbreak is a serious test for all humanity. The global economy can suffer the most from the negative impact of COVID-19. Moreover, it will take a lot of time and resources for the economy to recover. Indeed, the US government plays a key role in responding to any threat to humankind. The entire world expects decisive actions from Washington. However, the problem is that, apart from the rapid spread of the coronavirus across the country, the US has a huge debt which has already exceeded $23.5 trillion and is larger than the size of the national economy. There is every indication that the US deficit will be growing faster than the economy. That is why the increase of the budget deficit by $2 trillion has sparked off an intense political debate. The announced $2 trillion stimulus package stands as the largest emergency aid program in US history. Thus, every American citizen will receive $1,000 of financial aid while employees of companies with more than 500 people will get two weeks of paid sick leave. Employees who are taking a leave will be paid at least two-thirds of their regular pay rate from the federal budget.

Read more: https://www.mt5.com/forex_humor/image/48182

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Successful trading is a key to high profit. In order to apply this rule, experts recommend taking a closer look at high yield stocks underrated by investors. Analysts have made a list of the top 3 companies capable of surprising the market in 2020 for those market participants who are ready to place a bet on such shares.

There are some dark horses in the exchange market that investors have left behind. They are called the Dogs of the Dow. These are shares of 10 companies with the highest income. However, there is a chance they will be ahead of the market and make notable profit. The term was introduced by John Slatter from Wall Street. The list of the Dogs of the Dow includes companies from Dow Jones Industrial Average. High share dividend yield of such corporations indicates that they are undervalued in the market. Experts pay attention to three potential financial favourites of 2020.

Dow Inc.
Next year will be a time of great opportunity for Dow Inc., a giant in the production of plastics and organosilicon polymers. Analysts expect high yield on company’s shares. The chemical producer is ready to pay huge dividends to its shareholders. Dow Inc. intends to give 65% of its profit to payments. Nowadays, the company pays $0.7 dividends per share. Its annual yield is around 5.27%. According to analysts, shares of Dow Inc. have increased by 7% since the beginning of 2019.

Exxon Mobil
The second Dog of the Dow in 2020 can become Exxon Mobil Corp., an American energy giant. The company’s shares grew by only 1% in 2019. The corporation dominates in various directions, from well drilling to shale gas production in the US. Exxon Mobil has great potential. The international oil and gas manufacturer invests billions of dollars into its development compared to the majority of large producers. Exxon Mobil executives pay $0.87 dividends per share. The company’s yield reaches 5%.

International Business Machines
International Business Machines, a technology company, is considered to be the third candidate in this list. Currently, the tech giant has faced challenges. However, it is successfully overcoming difficulties on its way. Moreover, IBM executives prefer stability over dominance in the digital economy. In 2019, shares of IBM were 38% below the record high of 2013. The company's quarterly payments are $1.62 per share and the yield is around 4.8%.

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Successful trading is a key to high profit. In order to apply this rule, experts recommend taking a closer look at high yield stocks underrated by investors. Analysts have made a list of the top 3 companies capable of surprising the market in 2020 for those market participants who are ready to place a bet on such shares.

There are some dark horses in the exchange market that investors have left behind. They are called the Dogs of the Dow. These are shares of 10 companies with the highest income. However, there is a chance they will be ahead of the market and make notable profit. The term was introduced by John Slatter from Wall Street. The list of the Dogs of the Dow includes companies from Dow Jones Industrial Average. High share dividend yield of such corporations indicates that they are undervalued in the market. Experts pay attention to three potential financial favourites of 2020.

Dow Inc.
Next year will be a time of great opportunity for Dow Inc., a giant in the production of plastics and organosilicon polymers. Analysts expect high yield on company’s shares. The chemical producer is ready to pay huge dividends to its shareholders. Dow Inc. intends to give 65% of its profit to payments. Nowadays, the company pays $0.7 dividends per share. Its annual yield is around 5.27%. According to analysts, shares of Dow Inc. have increased by 7% since the beginning of 2019.

Exxon Mobil
The second Dog of the Dow in 2020 can become Exxon Mobil Corp., an American energy giant. The company’s shares grew by only 1% in 2019. The corporation dominates in various directions, from well drilling to shale gas production in the US. Exxon Mobil has great potential. The international oil and gas manufacturer invests billions of dollars into its development compared to the majority of large producers. Exxon Mobil executives pay $0.87 dividends per share. The company’s yield reaches 5%.

International Business Machines
International Business Machines, a technology company, is considered to be the third candidate in this list. Currently, the tech giant has faced challenges. However, it is successfully overcoming difficulties on its way. Moreover, IBM executives prefer stability over dominance in the digital economy. In 2019, shares of IBM were 38% below the record high of 2013. The company's quarterly payments are $1.62 per share and the yield is around 4.8%.

https://instaforex.livejournal.com/2077889.html

The US economy is on the verge of recession. The White House is stepping up pressure on the Federal Reserve to weaken the overvalued US dollar. Lots of countries are taking measures to contain unwanted growth of national currencies. Indeed, a weaker national currency is beneficial to domestic manufacturers. They invoice goods and commodities for export in the US dollars, whereas a government draws up a budget and makes public spending in a national currency. The US has never adopted this approach which could have derailed exports and fiscal revenues of the economies reliant on commodity exports. Actually, no one has ever had an excuse to label the US as a currency manipulator. However, the looming crisis forces the US monetary authorities to revise its rhetoric. The coronavirus pandemic has put the US economy in jeopardy. Complaining about the overvalued dollar, the US President used to target the central bank for monetary policy which reinforces the greenback. Now amid economic and trade disruptions, the firm US dollar deprives US manufacturers of competitive advantage. The US leader urges the central bank to do something about the overvalued dollar. Besides, Donald Trump stated that the national economy would be able to reopen ahead of schedule. According to the cautious scenario, the US economy needs 3-4 months to fight the coronavirus. The President declared that the American economy “was not built to be shut down”.

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