2014: The year that nothing worked (Fortune) How to Spot a Bad Forecaster (A Wealth of Common Sense) Ten Economic Questions for 2015 (Calculated Risk) Swedroe: How To Think About Bear Markets (ETF.com) US, Europe and EM: 2015 in Bullets (Mark Dow...
EUR starts the last week of the year with hopes for some recovery to the upside. H1, H4 and Daily indicators show a process of weak recovery has started with first target between 1.2250-1.2300. Any H4 drop below 1.2185 will restore the downside move...
The globally renowned investor, Warren Buffet who is also called ‘Oracle of Omaha’ for right predictions regarding investment opportunities, has suggested the investors to stay away from Bitcoin in the year 2015. He says, “Stay away from it. It’s a mirage, basically...
According to Wikipedia.org, New Zealand has a 2008 estimated population of around 4.2 million people, which is the first important fact for us to understand for two reasons...
Switzerland is one of the richest countries in the world, and while its economic policies and practices largely conform with EU standards, the country's population rejected accession negotiations with the EU in March of 2001...
When Professor Kevin Dowd, a professor of Economics and Finance at Durham University, wrote a piece titled “Bitcoin is bust: Why investors should abandon the doomed cryptocurrency,” a lot of debate took place whether this libertarian and fierce advocate of private money over government-issued and...
The benchmark BSE Sensex on slumped by nearly 300 points at 27,208.61 due to heavy profit-booking, chiefly in IT, oil & gas and power shares, ignoring government approving the ordinance route to implement insurance and coal reforms. The broader NSE Nifty also dipped by 92.90 points or 1...
Saxo Bank is still working on their 2015 annual forecasts but Kitco News spoke with Ole Hansen, head of commodity strategist for the Danish bank to get his preliminary thoughts on the gold market for 2015. “Major investing firms are still lukewarm on gold,” he said...
Online payments expert Stripe added Bitcoin payment support to its API, following which users will able to accept payments in digital currency alongside credit cards. The new-feature is scheduled to come out of beta testing in January 2015 and will charge a fee of 0.5% per transaction...
Bloomberg recently voted Bitcoin as the 2014’s worst investment, thus beating Russian Ruble and Ukrainian Hryvnia in terms of maximum drop...
US DOLLAR TECHNICAL ANALYSIS Prices edged past December’s swing top to establish a new five-year high. Near-term resistance is at 11577, the 38.2% Fibonacci expansion, with a break above that on a daily closing basis exposing the 50% level at 11648...
Most emerging-market stocks climbed; Chinese equities posted the biggest two-day retreat in 18 months while Russia’s ruble stopped a three-day gain. Hyundai Motor rose 2 percent in Seoul after Yonhap News said the carmaker may boost dividends...
Oil slid from the highest close in more than a week due to worries that the strengthening U.S. economy will not boost demand enough to clear a global surplus...
Located inside Mission Market Express in the station’s Grand Foyer, ZenBox gives the station’s 10,000-plus daily commuters a familiar way to acquire digital currency...
Copper and industrial metals recovered after data showed the economy of the U.S., the second-biggest consumer of the metal, grew at the fastest pace since 2003 last quarter...
Hong Kong stocks ended flat on a holiday-shortened session on Wednesday, while Japanese Nikkei closed higher...
Charlie Shrem Found Guilty of Abetting Illicit Transactions Charlie Shrem (founder of BitInstant and former board member of the Bitcoin Foundation) was found guilty of abetting illicit transactions to online drug bazaar Silk Road...
The key points: 1. Oil crash coincided with the introduction of economic sanctions against Russia 2. 80% of shale oil production in the US economically unviable at $60 per barrel 3...
