The statement by Secretary for Financial Services and the Treasury Professor KC Chan is encouraging the stakeholders. In the press release from the Hong Kong government it has come to the public that Professor Chan describes Bitcoin as limited in scope...
US oil prices pared gains after data from US Energy Information Administration showed that domestic crude inventories jumped to a new record to overshadow a slump in the dollar. Light, sweet crude oil for May delivery was most recently up 43 cents or 0.9% at $47...
In US Small-Caps, Quality Is on Sale (AB Global) see also This is nothing like the 2000 dot-com bubble (MarketWatch) Hedge Funds: Don’t Call Us a Hedge Fund (WSJ) Silicon Valley is seizing the customers: Instead of building for others, companies are doing more for themselves (FT) Fed Shouldn’t Ra...
On Friday the dollar declined versus its rivals, after data signaled the U.S. economy grew at a slower rate than expected in the fourth quarter, driving fresh concerns over the strength of the recovery...
EURUSD EUR/USD has traded fairly steadily higher after reversing from a key Gann level related to last year’s high around the middle of the month Our near-term trend bias is positive on the euro while above 1.0760 The highs from last week around 1...
Though it is not for the first time that Bitcoin is being compared with Internet, in terms of innovation, Alex Waters, the CEO of Coin.Co, is perhaps first time comparing the effect of Bitcoin and Internet...
Li Hejun has emerged as China’s richest man by virtue of his controlling ownership in Hanergy Thin Film Power Group, the publicly-listed and thinly traded unit of Hanergy Group...
US DOLLAR TECHNICAL ANALYSIS Prices turned lower as expected, with prices digesting losses near monthly lows. A daily close below the 11854-78 area (March 2009 high, 14.6% Fibonacci expansion) exposes the 11679-737 region (February 26 low, 38.2% Fib retracement...
The greenback regained ground against its major counterparts in New York trade Thursday, after a report showed that initial jobless claims pulled back more than expected in the week ended March 21st...
Stock Market Downdraft Is a Buying Opportunity (Barron’s) but see Nasdaq Composite Falls Most Since April as Tech Shares Tumble (Bloomberg) The biggest mistake investors are making right now (Fortune) How Much Cash Is Too Much Cash for Your Portfolio? (US News) Weak Demand? Strong Dollar? U.S...
The pound climbed to a one-week high against the U.S. dollar on Thursday, supported by upbeat U.K. retail sales data and as demand for the greenback remained under pressure after Wednesday's disappointing U.S. economic reports...
US DOLLAR TECHNICAL ANALYSIS Prices reversed downward as expected, making good on bearish cues telegraphed through negative RSI divergence. Near-term support is in the 11854-78 area (March 2009 high, 14...
What is going on in Yemen and how the oil will be impacted? What is the reaction of the European markets? Below are the things which have been happening today and which market players need to take into consideration...
On Thursday gold prices touched the highest level in almost four weeks, after the news that Saudi Arabia launched military operations in Yemen. The greenback extended its slide...
Saudi Arabia and its Gulf Arab allies began air strikes in Yemen against Houthi fighters besieging the southern city of Aden. Tensions in the Middle East appear positive for oil and safe-haven yen...
Asian stock markets were mostly lower on Thursday following the sell-off overnight on Wall Street. Concerns about the political situation in Yemen after Saudi Arabia and its allies began airstrikes in that country also weighed on the markets. Crude oil prices rose by more than a dollar...
Many people may be aware of the bitcoin revolution as it took hold of the Internet a few years ago. However, while they may have heard about how it spread and took hold, many are still not aware of how it works and what purpose it serves online...
USDJPY USDJPY has come under fairly steady pressure since failing earlier in the month near 122.00 A move under 119.30 will turn us negative on USDJPY A move back through 121.20 is needed to re-instill upside momentum into the exchange rate Very minor turn windows are seen...
What Happens When Vanguard Owns Everything? The company is bigger than an 800-pound gorilla -- and still growing. (Morningstar) Old Age Doesn’t Kill Bull Markets (Dr...
In 2015, the gold will be dropping for the third straight year, as concern eases that global economies will falter, curbing demand for the metal as a haven, according to CPM Group...
