Bitcoin Will be Worth a Great Deal More
Jeremy Allaire, who is the co-founder of crypto finance company Circle, said in an interview on Friday that bitcoin will be worth “a great deal more” than it is at present. Read more!
Commodity trading
Oil Prices Firm, Pressure Looms Large
Oil prices were pretty steady on Monday after plunging 2 percent in the previous session, but were still under pressure amid weaker growth in major economies and concerns about oversupply. Read more here!
BOJ Cautions Growth Risks, Policy Steady
As the risks to the global economy increases, the Bank of Japan (BOJ) is expected to tag along in a string of warnings from other policymakers of the threat to growth from protectionism and signal its resolve to keep the money plug open. Read more!
Daily Market Charts and Analysis December 14, 2018
Here are the most recent market charts and analysis for today. Check them out!
Japan’s Exports Grew slower in November, Core CPI Firm
Japan’s exports growth is seen to have eased in November, according to a survey on Friday, indicating a dimming economic outlook in the midst of the easing global demand and a US-China trade dispute. Read more here!
Oil Price Slip on Supply Balance Forecast
Oil prices fell on Friday in Asia after a 3 percent jump in the previous session on suggestions that global supplies could balance by the middle of next year. Read more!
More Worries Await ECB, Dimmer view on Growth
The European Central Bank is still uncertain to formally end its generous bond purchase scheme on Thursday, but will take an increasingly dimmer view on growth. Read more here!
Japan Core Machinery Rises Less than Expected
Japan’s core machinery orders increased less than expected in October following an earthquake in the previous month, indicating a more subdued business investment. Read more here!
Daily Market Charts and Analysis December 10, 2018
Here’s the most recent charts and market analysis for today. Check them out!
Bitcoin Perks Up as Gemini Backs Bitcoin Cash
The prices of major cryptocurrencies increased on Monday morning in Asia, as a Winklevoss-backed crypto exchange in New York is set to start trading Bitcoin Cash. Read more here!
Brent Crude Oil Higher on Supply Cut
Brent crude oil gained on Monday after producer cartel OPEC and some non-affiliated suppliers last Friday agreed to a supply cut from January. Read more!
Asian Stocks Shaky on Fed Rate Speculation
Asian shares fought to maintain the slimmest of recoveries on Friday amid the speculations that the Federal Reserve might be aiming for one last interest rate hike before pausing. Read more here!
Oil Prices Weak as OPEC Delays Supply Cuts
Oil prices slipped on Friday, dragged down by OPEC’s decision to delay a final decision to slash outputs, awaiting support from the non-OPEC but key member Russia. Read more!
China Confident to Deal with the US over Trade War
China showed confidence on Wednesday that it can reach a trade deal with the United States. Read more here!
Daily Market Charts and Analysis December 4, 2018
Here are the latest market news and analysis with charts. Check them out!
