Daily Outlook


Trade war end = crypto rally?

Trade war end = crypto rally?

Two very separate markets in crypto and stocks are trending in the same direction on Monday. The first market is of Asian equities led by China. The mainland Chinese stocks today jumped more than 3 percent, its best since early...

The harsh truth that crypto investors do not want to hear

The harsh truth that crypto investors do not want to hear

IN A WORLD OF BITCOIN EXPERTS, NOBODY KNOWS ANYTHING We spend much of our time trying to discern the true motivations of CEOs and self-proclaimed blockchain leaders, but perhaps we should be trying to discern our own. Many will claim...

Asia grows on the prospects of US / China trade negotiations

Asia grows on the prospects of US / China trade negotiations

Asian markets were broadly higher on Monday as traders looked forward to the continuation of trade talks between Chinese and American officials in Washington this week. South Korea’s Kospi jumped 0.7% and the Shanghai Composite index rose 1.6%. Hong Kong’s...

Ethereum (ETH) price spiked by 13% overnight

Ethereum (ETH) price spiked by 13% overnight

In the past 24 hours, the Ethereum price has increased from $124 to $141 by 13 percent against the U.S. dollar. Analysts foresee a strong short-term recovery ahead as the crypto market shows momentum. The optimistic price movements of major...

Consumer optimism and trade deal are pushing up U.S. stocks

Consumer optimism and trade deal are pushing up U.S. stocks

Equities surged as the U.S. consumer outlook brightened and positive developments in China trade talks overshadowed lingering concerns about global growth. Treasury yields climbed with the dollar. The S&P 500 Index hit a 10-week high Friday, led by energy and...

Is JPMorgan cryptocurrency a direct threat to XRP?

Is JPMorgan cryptocurrency a direct threat to XRP?

On February 14, JPMorgan, the $340 billion banking giant, launched a stablecoin called JPM Coin. Industry experts foresee the stablecoin thrashing Ripple and its cryptocurrency XRP in the long run. Joe Weisenthal, co-host of Bloomberg’s What’d You Miss? said: If...

FxPro: Weak U.S. data reinforces fears that the economy has peaked

FxPro: Weak U.S. data reinforces fears that the economy has peaked

The U.S. retail sales decline could be the beginning of the market’s correction and dollar’s decline Asia and America turned to red The U.S. retail sales on Thursday seriously upset financial markets. Key indexes turned to decline, losing more than...

New sanctions against Russia could hit the banking sector

New sanctions against Russia could hit the banking sector

A bipartisan group of senators introduced legislation to punish Russia for interfering in U.S. elections, and for exerting “malign influence” in Syria and aggression in Ukraine, setting up a potential clash with President Donald Trump. The bill includes sanctions on...

Investors’ money flowed to China after the inclusion of stocks in MSCI Emerging Markets

Investors’ money flowed to China after the inclusion of stocks in MSCI Emerging Markets

A record amount of money poured into China’s financial markets in 2018 — and analysts say that figure will likely increase as closely followed indexes raise their weightings for Chinese assets. China’s bond and stock markets experienced inflows of $120...

Brexit washes away British economy growth

Brexit washes away British economy growth

Britain’s economy slowed last year to its weakest growth rate since the global financial crisis as mounting uncertainty over Brexit weighed on businesses and kept a lid on their investments, official figures showed Monday. The Office for National Statistics said...

XRP isn’t a real cryptocurrency but only the heavily centralized token

XRP isn’t a real cryptocurrency but only the heavily centralized token

Ripple (XRP) is not a cryptocurrency, and it is heavily centralized in the hands of the corporate entity known as Ripple. That’s the opinion of a cryptocurrency exchange which listed XRP on its platform just one day ago. The Coinmotion...

Trump make concessions to China, shares respond positively

Trump make concessions to China, shares respond positively

European stocks climbed at the open and U.S. equity futures advanced after the White House was said to weigh postponing higher tariffs on China for 60 days. Treasuries were steady alongside the dollar, while oil advanced. Gains in industrial-goods and...