Daily Outlook


American investors in Bitcoin lost $ 1.7 billion in 2018

American investors in Bitcoin lost $ 1.7 billion in 2018

According to a report from Credit Karma, US bitcoin investors who decided to exit the bitcoin market lost $1.7 Billion. Unrealized losses, belonging to those who didn’t sell, account for $5.7 billion. Credit Karma GM Jagjit Chawla believes many Americans...

Bitcoin: Is a new rally possible in 2019?

Bitcoin: Is a new rally possible in 2019?

Over the past 24 hours, the crypto market continues to show multidirectional dynamics. Bitcoin price again fell below $ 3,700. Several leading altcoins, including Ethereum and TRON, showed an increase during the day, but now they have reverted to a...

Chinese Central Bank $ 83 billion injection emphasizes concerns around a weakening economy

Chinese Central Bank $ 83 billion injection emphasizes concerns around a weakening economy

China’s central bank injected a record $83 billion into the country’s financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy. China’s policymakers are pledging to step up stimulus measures this...

FxPro: U.K. parliamentarians deliberately cornered themselves

FxPro: U.K. parliamentarians deliberately cornered themselves

The British pound, as expected, experienced a high volatility day on Tuesday. As the result, however, the currency avoided serious pressure, ending Tuesday’s near levels at the opening. During the day on Tuesday, the pressure on the pound increased, sending...

Deafening defeat Theresa May: 230 votes against

Deafening defeat Theresa May: 230 votes against

British lawmakers defeated Prime Minister Theresa May’s Brexit divorce deal by a crushing margin on Tuesday, triggering political chaos that could lead to a disorderly exit from the EU or even to a reversal of the 2016 decision to leave....

Nasdaq Index exceeded 7,000 on promises from China

Nasdaq Index exceeded 7,000 on promises from China

U.S. stocks broke out Tuesday morning, led by a sharp recovery in the tech-heavy Nasdaq after China pledged more stimulus measures to help reverse a moribund economy. Wall Street’s major indexes were back on solid footing Tuesday morning after posting...

BTC may bottom at $1,700: crypto analyst

BTC may bottom at $1,700: crypto analyst

Murad Mahmudov on Sunday, the industry insider took to Twitter to issue his latest analysis thread. Mahmudov first drew attention to Bitcoin’s historical price action, drawing lines between the bear market of 2014/2015, specifically the “Baby Capitulation and Final Capitulation”...

Theresa May could face the hardest defeat in 95 years in a Brexit vote

Theresa May could face the hardest defeat in 95 years in a Brexit vote

Prime Minister Theresa May is set to see her Brexit deal rejected in the biggest Parliamentary defeat for a British government in 95 years after her last minute pleas for support appeared to fall on deaf ears. The battle now...

Stocks jumped on China’s tax cut plans

Stocks jumped on China’s tax cut plans

Stocks rallied across Europe and Asia and U.S. futures jumped on signs China is stepping up efforts to combat an economic slowdown. The pound edged up as U.K. politicians prepared for a crunch vote on Brexit. The Stoxx Europe 600...

FxPro: Brexit vote preview

FxPro: Brexit vote preview

On Tuesday, there will be an important vote in the British Parliament, which runs the risk of becoming the loudest government defeat in modern history. In December, May canceled the vote due to heavy criticism of her Brexit plan. However,...

The end of the rally? Oil falls with stocks

The end of the rally? Oil falls with stocks

Oil extended its retreat as disappointing economic data from China helped reignite concerns over economic growth. Futures lost as much as 2.3 percent in New York on Monday, after falling Friday for the first time since late December. The decline...

FxPro: Trade wars burden in China data pull markets down

FxPro: Trade wars burden in China data pull markets down

A fresh batch of news on the Chinese economy heightened fears around global growth. China’s foreign trade surplus showed an impressive $57.1 billion in December, a maximum for last three years. Potentially, this is good news for the Chinese currency,...