OPEC and Russia to Raise Crude Oil Output $OIL, $USO Saudi Arabia and Russia are discussing raising OPEC and non-OPEC Crude Oil production by some 1-M BPD. OPEC’s Chief said a complaint from US President Donald Trump over high prices triggered the plan to expand Crude Oil output. Riyadh and Moscow are prepared to ease […]
US Dollar Losing Global Status as Debt Soars $USD The USD is quickly losing its appeal to global investors as American debt skyrockets to stratospheric levels warns Jim Rogers. USD, the world’s reserve currency, will lose the status of main reserve currency much sooner than Y 2030, international investor Rogers said at the St. Petersburg […]
Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The sector is looking for stimulation in here. PE Gold at 1302.14 trading higher with a move to 1310 seen. If that does not hold, it may break to and below 1290-1280 medium term. ICE Brent Crude at 78.67 is headed to 78, and […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing new. PE The US Dollar (.DXY) Index at 93.921 tested support at 93.6 Thursday. While trading above 93.7, it should test at 94 again and then perhaps to 94.2-94.4, them dip to 94. The Northside cap is 95.00-95.65. EUR (Euro) at 1.1710 rose to 1.175 Thursday and dipped, may see […]
Chicago Agriculture Commodities Finished Lower $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities finished lower Thursday on profit-taking following days of rises. The most active Corn contract for July delivery fell 4.25c, or 1.04% to settle at 4.0425 bu. July Wheat delivery went down 0.75c, or 0.14% to close at 5.3025 bu. July […]
Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Gold at 1294.26 has moved up, as it has strong support at 1285, see a possible rally to 1310 in here. ICE Brent Crude at 79.55, and WTI Crude at 71.66 can test 78 and 71 respectively near term. Thereafter expect increased US and OPEC supply to […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: The release of FOMC’s May dovish minutes seems to have had opposite effects on USD strength and US yields. While a stronger indication of a rate hike in June imparted strength to USD, its tolerance for inflation above 2% pushed yields down. PE The US Dollar (.DXY) Index at […]
Chicago Agriculture Commodities Finished Higher $SOY, $WEAT, $CORN Chicago Board of Trade (CBOT) agriculture commodities finished higher Wednesday with the hope that China will import more US agriculture products. The most active Corn contract for July delivery rose 3.75c, or 0.93% to settle at 4.085 bu. July Wheat delivery went up 9.5c, or 1.82% to close […]
Bitcoin Trading in Broad Consolidation Range $BTCUSD, $ETHUSD Bitcoin prices continued within a broad consolidation range over the last 24 hrs, as there was not much fundamentals or economic data to rock the crypto market in the frame. The Key development in here has been the decision of the large crypt exchange Coincheck to re-enter […]
Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Gold at 1292.20 bounced from 1280, and while 1275/80 holds, the price could to 1310 before coming off to 1280 or lower. For now the trend is South. Silver at 16.56 is ranged. It has risen form 16.50 and could hit 17. Overall, […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing new. PE The US Dollar (.DXY) Index at 93.65 tested support at 93.29 Tuesday and now seems to be rising from there back towards 94. A deeper correction towards the 5 Wk MA 93.0-93.5 is on the cards, which might happen after a retest of 94. If so, the Northside target at 95 […]
Chicago Agriculture Commodities Finished Higher $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture commodities finished higher Tuesday with Wheat rallying amid world weather concern and technical buying. The most active Corn contract for July delivery rose 2c, or 0.5% to settle at 4.0475 bu. July Wheat delivery went up 14.25c, or 2.81% to close at […]
Bitcoin and Blockchain are Here to Stay $BTCUSD, $ETHUSD Thoughts on Bitcoin and Consensus 2018 The hottest ticket last week was in New York City. But unlike any Top-Tier event, you were invited … if you could afford it. At approximately $2,000, Consensus 2018 was the most expensive edition in the Bitcoin conference’s history. Despite […]
Consider this…should we believe “this time is different?” $DIA, $GLD, $SLV, $USO Here’s a BEV chart for the Dow Jones going back to January 1982. The BEV plot fell to its -25% line (Dow Jones 777) in August 1982. This was a historic bottom; after it nothing would ever be the same again for the […]
Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL ICE Brent Crude at 79.36 and Nymex WTI Crude at 72.51 are stable. WTI Crude’s 1st resistance is at 73 which could push the price down to 71 near term. ICE Brent Crude looks to have some room on the Northside at 81-82. But if […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing new. PE The US Dollar (.DXY) Index at 93.57 made a new high of 94.06 Monday dipped, and is currently trading at 93.4-93.5. There are still good chances of .DXY testing at 95 in this week or next. EUR (Euro) at 1.1782 could either dip from here, or could extend North […]
Chicago Agriculture Commodities Finished Mixed $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture commodities finished mixed Monday with Soybean up 3% as US-China trade tensions eased. The most active Corn contract for July delivery rose 0.25c, or 0.06% to settle at 4.0275 bu. July Wheat delivery went down 11c, or 2.12% to close at 5.0725 […]
ICE (NYSE:ICE) and the Future of Bitcoin Trading $BTCUSD, $ICE, $GS, $CME, $CBOT, $NDAQ It was reported that the Intercontinental Exchange (NYSE:ICE), parent company of the New York Stock Exchange (NYSE), is developing an online trading platform that would allow large investors to trade Bitcoin directly. For a large financial institution such as ICE or […]
What Is a Fiat Currency System? Banks have always controlled the flow of money within the economy. The central bank is the controller of fiat coins, and these coins were the only currency that facilitated the financial transactions in all economies of the world. But the introduction of cryptocurrency saw the emergence of decentralized currencies […]
Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL ICE Brent Crude at 79.05 and Nymex WTI Crude at 71.89 could see some near term falls to 77 and 70.50 respectively before attempting another rise. Gold at 1288.70 is stable near current marks. A fall to support at 1275 is not expected, so the […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing new. PE The US Dollar (.DXY) at 93.79 saw a high near 93.8 Friday and is continuing to trade there. A dip might be restricted support at 93.4-93.5. There is a good chance of a .DXY test at 95 in this week or next week. EUR (Euro) at 1.1753 […]
Chicago Agriculture Commodities Finished Mixed on the Week $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture commodities finished mixed on the week which ended 18 May, with Soybean futures falling 0.47% on precieved trade tensions between China and the United States. The most active Corn contract for July delivery rose 6c weekly, or 1.51%, to […]
Asian markets rallied Monday and the dollar extended gains after the US and China said they had agreed to hold off imposing tariffs, averting a potentially damaging trade war. After high-level talks in Washington the two economic superpowers revealed a deal had been hammered out, ending months of tension that have sent financial markets into […]
Capital investment in 24 of the EU’s 28 member states has fallen dramatically over the past ten years, according to data from statistical agency Eurostat. Investment decreased on average by 2.3 percent, falling to 20.1 percent of GDP last year. It stood at 22.4 percent from 2007 to 2017 period. Countries in Europe’s east and […]
Dubai Getting Ahead of “the Cryptocurrency Game” $BTC, $ETH, $CME, $CBOT The Big Qs are: How seriously should we take the rise of cryptocurrency? Is it a serious rival to traditional currency? Should businesses consider using cryptocurrency? What do they need to do to implement it? Is enough being done to educate individuals and businesses […]
Swiss based decentralized exchange DEx.top opens end of month – trial period starts May 24th Blockchain giant Bitmain incubates decentralized platform for instant trading Zug, May 18th. – DEx.top, the Switzerland based trading platform, launches an open source decentralized trading platform incubated by the Bitmain Technologies. By using a double ledger method (off-chain matching, batching orders […]
Expect Crude Oil Prices to Cool, $80 bbl ‘Unhealthy’ $DIA, $SPY, $QQQ, $USO, $OIL, $VXX BP (NYSE:BP) CEO Bob Dudley expects a flood of US Shale Oil, and the reopening of OPEC taps to cool the Crude Oil market after price rose above $80 bbl this week. US President Donald Trump’s decision to exit an […]
Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Brent Crude at 79.58 is trading higher, the Crude Oil Bulls look strong in here and could test 81then dip to 79. WTI Crude Oil at 71.74 sees resistance 73 and push the price down to 70. But if it break North then 74-75 […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing new. PE The US Dollar (.DXY) at 93.45 marked a low at 93.12 Thursday but did not test support at 93.25-93.00, that test could happen next week, then after .DXY should move to 94-95 where is will likely be capped. EUR (Euro) at 1.1804 marked a high at 1.1837 […]
Chicago Agriculture Commodities Finished Mixed $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture commodities finished mixed Thursday, with Wheat futures rising for the 3rd session running on worries that adverse weather will lead to crop shortfalls in Key growing areas around the world. Soybean futures fell, pressured by fresh concerns about exports. Corn futures […]
China Buying Major Soybean Tonnage from Russia $SOY China, the world’s biggest Soybean importer, almost 3X’s purchases from Russia during this current trade dispute with the US, the world’s biggest producer of the Oil seed. Russia sold about 850,000 tonnes of Soybeans to China in MY 2016-2017, according to Russia’s agriculture agency. That is more […]
Suhail Al Mazrouei, Minister of Energy and Industry has played down the impact of the recent US decision to withdraw from Iran nuclear deal on OPEC, saying the organisation has been through a lot in the past, reflecting its resilience during geopolitical issues that arise on regional and international levels. “I don’t think this time […]
Blockchain & Bitcoin Conference Prague Blockchain & Bitcoin Conference Prague, the fourth annual event dedicated to the blockchain, cryptocurrencies and ICO, will be held on May 17. This is one of the largest platforms in Europe for the exchange of experience and search for potential partners. Blockchain & Bitcoin Conference Prague is an event organized […]
The Free Speech Coalition, the national trade association for the adult industry, is pleased to announce that intimate.io, an innovator working to provide stable cryptocurrency for the adult industry, has joined the organization at the Platinum level. “We know the discrimination adult businesses face from traditional banking institutions, as well as the hesitation many of […]
CZero Mobility, a disruptive EV startup company focused on a sustainable and affordable electric mobility future in the cost sensitive Indian and South East Asian markets, is launching their ICO on June 10. The company is wooing early investors to help ensure the forward progressions of its patented products in the EV ecosystem space are […]
Documo, a technology company focused on building next-generation document workflow solutions, has announced they will be selling company ownership stakes in the form of an Equity Token. The company will begin the offering May 16, 2018 and will offer tokens until July 15, 2018, or until their allocation sells out. The funds raised will be […]
INNOVATIVE BIORESEARCH, a biotech company performing novel HIV, cancer and regeneration research, launched on May 1, 2018, the pre-sale of INNBC Tokens to develop a low cost cell-based therapy for HIV, a revolutionary blockchain app for biomedical research named “You’re not alone” and a Token backed by the value of actual physical goods. INNBC Token […]
If you’ve ever been tempted to buy into a hot investment opportunity linked with luxury travel, the Securities and Exchange Commission has a deal for you. Check out the SEC’s Office of Investor Education and Advocacy’s mock initial coin offering (ICO) website that touts an all too good to be true investment opportunity. But please […]
Crude Oil and Gold Briefing $USO, $OIL, $GLD Brent Crude at 79.39, and WTI Crude Oil at 71.76 have moved up and could test at 80 and 73 respectively over the next couple of sessions, as 80 is seen as resistance for Brent Crude on the daily, and 73 is seen as resistance for WTI Crude Oil on the […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Pressure on the Buck is up. PE The US Dollar (.DXY) at 93.12 is dipping after testing at 93.6 Wednesday. It could dip further towards support on daily at 93 before resuming its uptrend. It should target 94-95 yet this month. EUR (Euro) at 1.1831 dipped to a low of 1.1763 […]
Chicago Agriculture Commodities Finished Mixed $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture commodities finished mixed Wednesday, with Soybean futures dropping nearly 2% on profit taking and some uncertainty of China-US trade consultations. Wheat futures ticked higher on short-covering, recovering from a 3-week low hit Tuesday, while Corn edged lower. The most active Corn contract […]
Asian traders were biding their time in early trade on Thursday as a healthy lead from Wall Street was tempered by geopolitical concerns and caution ahead of high-level China-US trade talks. All three main US indexes finished in the green zone thanks to another positive round of economic indicators and corporate results. However, traders remain […]
Jack Dorsey on Bitcoin: “It is the Currency of the Future” $BTCUSD, $TWTR, $SQ Jack Dorsey, speaking to a crowd of cryptocurrency enthusiasts, declared that he is in sync with their view that digital currencies are the way of the future. “The Internet deserves a native currency; it will have a native currency,” Mr. Dorsey, […]
Swiss crypto-mining startup, envion AG, has called on crypto exchanges around the world to cease trading in EVN tokens. Apparently, a large number of tokens have been generated illegally, part of which had already been put in circulation and sold. Envion’s CEO Matthias Woestmann announced the release of new EVN tokens and a token swap. […]
Against growing crude prices gold is significantly cheap and presents a good buying opportunity, according to Leigh Goehring, managing partner at New York-based firm Goehring & Rozencwajg Associates. The analyst compared the current situation to the one gold and oil markets experienced 20 years ago. “Back in the first quarter of 1999 oil was $11 […]
The world’s first state-backed digital currency ‘el petro’ launched by Venezuela this year to circumvent US sanctions is reportedly getting help from a Russian bank. According to Associated Press, Russia’s Evrofinance Mosnarbank has become the first international financial institution so far willing to back the petro after US authorities warned potential investors over related risks. […]
Blockchain INDO 2018, Jakarta’s crypto-conference in May: how it was Blockchain INDO 2018 held on 11 & 12 May 2018 at Kempinski Grand Ballroom Jakarta successfully comprised experts, speakers, exhibitors and participants from blockchain, digital assets and fintech – nearly 1000 participants from around the world who attended the event. The 2-day conference & exhibition […]
Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Brent Crude at 78.18, and WTI Crude Oil 71.05 are stable in here. WTI Crude Oil has support at 70.50 and could move up in here, while there is little room on the upside for Brent Crude. Brent Crude has Key resistance at 80, and could be ranged […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Pressure on the Buck is up. PE The US Dollar (.DXY) at 93.30 moved up after the benchmark US 10yr T-Note Year yield rose past 3% Monday. This was in response to US Retail Sales data. Note: .DXY moved up from the 13-Day MA at 92.5 to a high near 93.46. […]
The Technical Outlook for Ethereum $ETHUSD Early this moth ETH/USD showed relative strength among the major cryptos. Although last week’s pullback saw Ethereum move below support at 700, it has risen back above it and price did not break below the invalidation mark at 627, tilting to Bearish. Currently, Ethereum is trading at: 686.605, -47.715, or -6.50%, […]
Chicago Agriculture Commodities Finished Mixed $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture commodities traded mixed Tuesday morning, with Soybean futures rising, as the trade tensions between China and the United States showed signs of softening. CBOT brokers estimate that funds Tuesday sold 6,500 contracts of Soybean, bought 2,000 contracts of Chicago Wheat and […]
Pre-Civil War Fiat Money was Issued Regionally by Private Banks $BTCUSD In the pre-Civil War era, 90% of US money was regionally issued banknotes from private banks. These currencies traded at different rates at different times and places. There were discount books in each town to keep track of how much each currency should be […]
Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Brent Crude at 78.28, and WTI Crude Oil at 70.97 trading a bit higher Tuesday. WTI Crude Oilcould test support near 70 this week, while Brent Crude is likely to move to 80 medium term. Both benchmark Crude Oil prices look Bullish in here. Gold […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Pressure on the Buck up and down. PE US Dollar (.DXY) Index at 92.64 saw support at the 13-Day MA and moved back to 92.6. Note: The markets await the Retail Sales data Tuesday. If it turns out to be higher than expected, it could take yields higher and lend […]
Chicago Agriculture Commodities Finished Mixed $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture commodities finished mixed Monday, with Soybean futures surging more than 1% on news of easing trade tensions between China and the United States. The most active Corn contract for July delivery kept Unchanged at 3.965 bu. July Wheat delivery dropped 7.5c, or […]
Bitcoin Tested Support to a 3 Wk Low and Bounced $BTCUSD,$ETHUSD, $CME Bitcoin tested and bounced Monday on the news that a Florida tax collector would accept the cryptocurrency for payments of several services. Currently, Bitcoin is trading at: 8,695.652344,+292.291016, or +3.478256%, as of 3:56a BST, the market is open. Joel Greenberg, tax collector for Seminole County […]
Modern data-driven culture has advanced many industries including recruitment, professional services and the way we conduct business, but expect even further advancements as Profede’s horizontal protocol is capable of disrupting a global market. Blockchain-based Profede enables professional users to gain back control, power, and privacy from the jeopardizing methods which currently exist. Professional users set […]
The fiery leftist Andres Manuel Lopez Obrador looks increasingly hard to beat in Mexico’s upcoming presidential election — drawing dire warnings from some in the business community that he would wreck Latin America’s second-largest economy. The trillion-dollar question facing Mexicans as they prepare to cast their ballots on July 1 is: would he? The sharp-tongued, […]
Booming oil output in the United States — which has threatened to derail other producers’ efforts to drive up crude prices — looks set to expand strongly again this year, OPEC said Monday. But rising inflation and possible trade restrictions could throw a spanner in the works for US producers in the longer term, the […]
Metalla’s Financial Results for Fiscal Q-3 Y 2018 $MTAFF, $GLD, $SLV, $GG Metalla has increased its monthly dividend by 50% effective in June 2018. Metalla received approval for its common shares to trade as a Tier 1 TSX-V Issuer, Metalla Royalty & Streaming Ltd. (MTA.V) (OTCMkt:MTAFF) (X9CP.F) recently announced results for Q-3 Fiscal Y 2018. For […]
Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Brent Crude at 76.75, and WTI Crude Oil at 70.47 have paused to refresh after the sharp rise seen in the last few sessions. WTI Crude Oil could test support at 69.5-70.0 before again trying to move up again. Brent Crude could come off […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Pressure on the Buck. PE US Dollar (.DXY) Index at 92.43 testing to the 13-Day MA at 92.45, it may see some support. If it dips below 92.4-92.3, it could test the 21-Day MA at 91.6 and then move up or down from there. EUR (Euro) at 1.1962 is trading […]
Chicago Agriculture Commodities Traded Down Friday $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities traded lower Friday after Top Soybean buyer in China lowered its import estimates for MY 2018/19. Soybean futures suffered double digit losses after China, the biggest importer of US Soybean, predicted a decline in imports for the 1st time in […]
Bitcoin Bulls are Still in the Action $BTCUSD Saturday, Bitcoin gained 0.84% to end the day at $8,483.2. It was only the 2nd positive day last week that has left Bitcoin down 12.2% Monday through Saturday. Friday saw Bitcoin fall to an intra-day low and new low $8,204.4 before a late morning recovery, Bitcoin managing to […]
This week’s round-up features a colorful selection of bitcoin stories but we’ll start with the possible explanation for recent market dips. Most cryptocurrencies dropped in price over the period, following developments with depressing effect on traders. In Japan, Mt. Gox’s bitcoins stored in court ordered wallets have moved again, while in South Korea, the largest […]
Cryptocurrency Regulation: New Laws, Big Changes Coming $BTCUSD There are Asian countries feeling the effects of inadequate cryptocurrency regulation, and others, like India, China and SKorea, have taken an uncertain or hostile stance to cryptocurrency. That frame is not likely to last too much longer Japan is building a clear framework for how virtual currency exchanges, and ICOs (initial coin […]
President Recep Tayyip Erdogan on Friday declared that interest rates were the “mother and father of all evil”, a controversial comment that prompted a sharp loss in value of the Turkish lira and has raised questions about the future of the Turkish Economy. Erdogan, who is campaigning for snap parliamentary and presidential elections on June […]
Masterworks today announces its launch as the world’s first blockchain-based fine art investment platform that will allow anyone to invest in specific works of art. All offerings will be filed with the Securities and Exchange Commission with share ownership recorded on the Ethereum blockchain to provide transparency to investors. For its inaugural offering, Masterworks plans […]
Gaming is among the most obvious target sectors for disruptive blockchain technology. Now, the team of Vreo has developed a software solution that allows game developers to easily define ad-space within their game and tokenize in-game attention. Functioning like a digital in-game billboard, ad-space on display will trigger real-time token payouts from advertisers to developers, […]
EOE, a leading digital asset trading platform, has raised ten million US dollars in the new funding round in early April 2018 from Lion Financial Group. EOE is ready to start with the first phase of a comprehensive V1.0 program, including establishing the membership system and uploading data to blockchain. The EOE (Exchange of Exchanges) […]
Hard Forking at New York’s Inaugural Blockchain Week Achain, first discussed its Hard Fork theory in November 2017. Hard Forking enables you to fork the main chain (instead of creating tokens and services on the main chain), which creates its own blockchain increasing speed, scalability, security and flexibility. Achain uses forking to meet different business […]
Create Your Own CryptoCurrency ICO CryptoCurrencies Heffx has built and is building a large number of CryptoCurrencies for clients, these range from Smart Contracts on the Ethereum network to mined Blockchain currencies. Heffx can also manage and report on these currencies, facilitate listing and trading and assist in the development of White Papers. As the […]
Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL On the Close Thursday: WTI Crude Oil +0.4% at 71.37 bbl $USO Gold +0.7% at 1322.50 oz $GLD Copper +1.6% at 3.11 lb $CU Crude Oil prices are up here for a while it seems, as the impact of US sanctions on Iran will be […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Pressure on the Buck. PE US Dollar (.DXY) Index -0.4% to 92.70 $EURUSD +0.58% at 1.1921 $GBPUSD -0.18% to 1.3518 $USDCHF -0.21% to 1.0027 $USDJPY -0.27% to 109.41 $USDCNY -0.23% to 6.344 US Consumer Price Index (CPI) increased 0.2% in April, less than the 0.3% rise projected. Naturally, there […]
Chicago Agriculture Commodities Traded Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities traded mixed Thursday,as Wheat futures fell to a near 2-week low after the US Department of Agriculture’s (USDA) 1st official estimate of the 2018-19 US Wheat harvest came in above trade expectations. Soybean futures rose, and Corn followed Wheat lower. CBOT […]
Knightsbridge to Accept Bitcoin and Ethereum for Race Horses and More $BTC, $ETH Knightsbridge are now accepting Bitcoin and Ethereum for syndications and service fees. Knightsbridge Bloodstock can make your dream of owning a racehorse a reality. Thoroughbred syndication will give you the fantastic opportunity of owning your very own share in a racehorse for […]
Bitcoin Moved to Test Key Support Near $9,000 $BTCUSD Thursday, after a quiet start to cryptocurrencies came under selling pressure, with market participants speculating about large blocks of cryptos being offloaded, pushing Bitcoin’s value lower. Bitcoin, the world’s #1 digital currency traded in a $200 range Thursday before giving up $220, or 2.3% quickly. Currently, […]
Inside the Profede ICO The launch event is on on 23 May 2018 in Singapore organized by ICO Event Company “Founder and CEO” and attendance will be by invitation only, get your invite today contact [email protected] The event will give you an inside look at the Profede ICO and should not be missed. Profede has recently […]
The price of crude oil has risen to an almost three-year high, following US President Donald Trump’s unilateral decision to withdraw from the Iran nuclear deal, as well as bullish US crude inventory numbers. Trump announced the return of a raft of sanctions against the Iranian regime within the next 180 days unless a new, […]
Economists have been exploring people’s behavior for hundreds of years: how we make decisions, how we act individually and in groups, how we exchange value. They’ve studied the institutions that facilitate our trade, like legal systems, corporations, marketplaces. But there is a new, technological institution that will fundamentally change how we exchange value, and it’s […]
Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: US Crude production has risen to 10.7-M BPD from 10.62-M BPD the week prior. The EIA has now raised its US Crude Oil production outlook to rise by 1.14-M BPD for the next year revised up from the earlier projection of 750,000 BPD. PE Brent […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing new. PE The US Dollar (.DXY) Index at 92.99 dipped Wednesday from 93.3-93.4 to92.8-92.9. It should rise back up towards 93.5 again by Friday. .DXY on the 1 hr chart)could be in the last leg of its 5 wave move from 89.23. This last leg may quit near 93.70-94.50. […]
Profede ICO Launch Singapore Prior to launching their ICO, Profede – a highly promising new blockchain-based protocol aiming to revolutionize the professional recruitment industry will holding its first ICO presentation in Asia on 23 May 2018 in Singapore. The launch event is organized by ICO Event Company “Founder and CEO” and attendance will be by […]
Chicago Agriculture Commodities Traded Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities traded lower Wednesday as traders were squaring their positions ahead of a Key monthly crop report. The most active Corn contract for July delivery fell 0.5c, or 0.12% to settle at 4.0275 bu. July Wheat delivery went down 4c, or 0.78% […]
Bitcoin Focused on Cracking, Breaking Key Resistance at $10,000 $BTCUSD Bitcoin prices rose Wednesday as the # 1 cryptocurrency by market value is focused on $10,000. Currently, Bitcoin is trading at: 9,344.3555,+305.20, or +3.38%, as of 6:24a BST, the market is open Prices ranged within $9,200 – 9,300 for most of the trading day. Bitcoin and some […]
The Year of the Security Token $BTCUSD Blockchain is 1 of the fastest growing ideas in recent history, and its revolutionary decentralized model is being appropriated by industries far and wide. Its popularity began with Bitcoin, the cryptocurrency, which is now almost 10 years old. Bitcoin was the seminal cryptocurrency back when it was just […]
Stocks Break Out, Gold Bulls Patiently Await ‘Turmoil’ $DIA, $SPY, $QQQ, $VXX, $GLD The Gold market is greeting geopolitical turmoil with a Yawn, as stocks made a strong move North on with the S&P 500 and the NAS Comp each + 1.0%, and the DJIA advancing 0.8%. The precious Yellow metal has dropped for 3 weeks […]
US Quits Iran Deal, Expect Saudis to Boost Crude Oil Output $OIL, $USO Saudi Arabia is monitoring the impact of the US withdrawal from the Iran nuclear deal on Crude Oil supplies and is ready to offset any potential shortage, but it will not act alone to fill in the gap, an OPEC source familiar […]
Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: Tuesday, US President Donald Trump announced his decision to quit the Iran nuclear deal. PE Brent Crude at 76.69 trades higher after testing intra-day lows of 73.10 Tuesday. WTI Crude Oil at 70.63 is up from 67.64. Note: While the rising momentum is strong Brent Crude […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing new. PE The US Dollar (.DXY) Index at 93.18 did not dip to 92.4-92.5 Tuesday, it rose to a high near 93.28 and is currently trading near 93.2, our projection for .DXY is coming close to its medium term target of 94-95 in the next 1-2 weeks may […]
Chicago Agriculture Commodities Traded Higher $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities traded higher Tuesday on reports that Beijing and Washington pledged to continue trade talks. Tuesday, Chinese President Xi Jinping said that China and the United States should maintain communication to try to find a way to properly solve their trade […]
Bitcoin: The Why, The Why Nots! $BTCUSD, $CBOE, $CME Bitcoin has been in the news for the past year, and a clear understanding about how the cryptocurrency actually works and its volatility has kept many professional investors and traders from considering it worthy. There surely is plenty of money to be made, but investors must […]
Economic growth is expected to continue in the U.S. throughout 2018, say the nation’s purchasing and supply executives in their Spring 2018 Semiannual Economic Forecast. Expectations for the remainder of 2018 continue to be positive in both the manufacturing and non-manufacturing sectors. These projections are part of the forecast issued by the Institute for Supply […]
The top 10 technology trends predicted to reach adoption in 2018 are: Deep learning (DL). Machine learning (ML) and more specifically DL are already on the cusp of revolution. They are widely adopted in datacenters (Amazon making graphical processing units [GPUs] available for DL, Google running DL on tensor processing units [TPUs], Microsoft using field […]
China’s surplus with the United States widened in April, underlining an imbalance between the economic titans as they struggle to reach an agreement on averting a potentially damaging trade war. The figures Tuesday will likely reinforce Washington’s determination after high-level talks in Beijing last week ended with both sides admitting there were big differences to […]
Gold, Copper and Crude Oil Briefing $GLD, $CU, $USO, $OIL Commentary: US President Donald Trump Tweeted Monday announcing his decision on Iran will come at 2:00p EDT Tuesday, the market awaits the announcement. PE Brent Crude at 75.52 dipped from 76.34, while WTI Crude Oil at 69.98 is down from 70.83. Both are down from […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing new. PE The US Dollar (.DXY) Index at 92.76 saw a high at 92.97 Monday, and it could test 92.4-92.5 Tuesday before rising again. The next 1-2 weeks might well see .DXY come close to its medium term target at 94-95. EUR (Euro) at 1.1925 did not rise towards […]
Chicago Agriculture Commodities Traded Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) agriculture commodities traded lower Monday morning amid concerns over the ongoing trade dispute between the United States and China. As of 1456 GMT, July Corn was down 5.5c at 4.0075 bu, while July Wheat was down 13.75c at 5.125 bu, and July soybeans […]
Bitcoin: All Professional Investors and Traders Knew That… $BTCUSD, $CBOE, $CME …the launch of Bitcoin futures would cause the price to fall. A Fed paper has attested to that as; Bitcoin’s drop following its peak near $20,000 was directly tied to the launch of a futures market, according to new research from the San Francisco […]
Crude surged to the highest level since November 2014 over fears that the United States could pull out of the Iranian nuclear pact. If the deal is scrapped, Iranian oil exports are at risk. Brent crude oil touched $75.89 a barrel, while the US West Texas Intermediate reached $70.52. The yuan-traded Shanghai futures surged to […]