On Friday oil extended its rally for a third day due to speculation that a slowdown in the U.S. shale boom will reduce a glut that’s driven prices to the lowest in 5 1/2 years, as Bloomberg reports...
GetGems, the social messaging app with a built-in Bitcoin wallet, have announced that it has raised $400,000 from venture capitalist Magma Venture Partners...
On Thurday emerging-market stocks rose the most in three weeks as oil grew for a second day and Federal Reserve minutes signaled that an interest-rate increase is not unavoidable. The benchmark gauge for developing-nation stocks added 1.5 percent to 955.25 at 1:30 p.m. in London...
On Thursday the greenback hit 12-year highs versus its peers, as growing optimism over the strength of the U.S. economic recovery lent broad support to the dollar. The U.S. dollar index, which measures the greenback against a basket of six major currencies, was up 0.46% at 92...
The European Central Bank was originally scheduled to announce its first monetary-policy decision of 2015 today, followed by President Mario Draghi’s regular press conference. Instead, it’s embarking on a new era of less frequent decisions and more transparent communication...
On Thursday the UK currency dipped to 18-month lows against the U.S. dollar, as demand for the greenback continued to receive broad support, while investors eyed the Bank of England's upcoming policy statement due later in the day...
The optimism that monetary policies by the European Central Bank and Federal Reserve will support the economy sent European stocks up which climbed the most in a three-week period...
Yesterday Brent crude dipped below the $50 a barrel mark yesterday. The catastrophic oil price plunge makes lots of investors nervy, as subconsciously they still stick to the pre-crash price, thinking oil is ‘worth’ $100 a barrel, regardless of what logic tells them...
Japan's currency fell for a second day against the greenback as global stocks rose before U.S. reports this week that economists said will show an improving labor market. Australia’s dollar climbed against all its 16 major peers...
Bitstamp, one of the largest exchanges for the digital bitcoin currency, announced it expected to resume trading within 24 hours after suspending operations because of a security breach occurred on Sunday. The breach resulted in the loss of around 19,000 bitcoins with a value of some $5 million...
Resistance Support 181.41 178.85 184.58...
Monetary policy will undoubtedly be the key driver for markets, money and metals in the years ahead. Stoeferle’s fundamental belief is that we will experience unintended consequences of these monetary interventions resulting in increasing volatility...
Following are the major Bitcoin news of the day BitStamp mailed his customers to inform them about a persisting issue in their platform, saying that their transaction server is detecting problems with their hot wallet, as a result of which they cannot process withdrawal requests...
The index of Sao Paolo stock exchange Ibovespa rose for a second straight day as Gerdau SA led steelmakers higher amid speculation that Brazilian producers will increase prices this month...
On Wednesday the greenback hit fresh nine-year highs versus the other major currencies, as disappointing euro zone inflation data pressured the single currency and growing expectations for an upcoming U.S. rate hike continued to boost the greenback. The U.S. dollar index was up 0.31% at 92...
The FTSE 100 was ahead 28.7 points or 0.45% to 6,395.2 in early trading this morning. Although retailers helped the FTSE 100 rise in early action, investors remain wary with eurozone inflation data for December signaling the region slipped into deflation for the first time since 2009...
Today the price of Brent Crude oil fell more than a dollar to $49.92 a barrel in early trading before edging back above the $50 mark. The price of West Texas Intermediate (WTI), oil traded in the United States, has already plunged below $50...
On Wednesday European stocks traded higher, backed by growing expectations for additional easing measures by the European Central Bank. Investors awaited the release of euro zone inflation data due later in the trading session...
On Wednesday gold traded below a three-week high after sinking oil prices and equities spurred the longest run of daily gains since October as investors were expecting minutes of the Federal Reserve’s last meeting for guidance on U.S. monetary policy...
