Market Overview - Page 549

Important upcoming events and publications for February 4 (GMT): 10:00 Eurozone Producer price index rarely causes a big surge of EUR volatility. Nevertheless, PPI is a reliable inflationary indicator. The index is expected to fall by 0.7%, developing a marked.

U.S. hiring in January topped all forecasts while wage gains cooled and the government shutdown pushed up the unemployment rate, signaling job gains remain robust without major inflation pressures that would worry Federal Reserve officials. Nonfarm payrolls increased by 304,000,.

In the last 24 hours, the crypto market has slightly declined by $2 billion in valuation as the Bitcoin price fell by one percent. The decline in the value of major crypto assets in the likes of Ripple (XRP) and.

Much excitement has been building since the large American financial services firm Fidelity Investments first announced back in October that they were building a cryptocurrency trading and custody platform. They are now almost ready to launch their Fidelity Digital Assets.

While the world’s attention is occupied by Brexit, Venezuela, and a hundred other concerns, an almost forgotten monster is raising its head: the threat of nuclear war. Nuclear war gets surprisingly little attention considering there are enough nukes to end.

US stock exchange operator CBOE has resubmitted its application to list a bitcoin ETF on one of its trading platforms, just days after the firm withdrew its previous bid. That bitcoin ETF, the VanEck SolidX Bitcoin Trust, would allow wealthy.

The American dollar came under pressure because of the willingness of the Fed to be patient in assessing the situation. This was regarded as a signal of readiness not only to take a pause in rate increases but also to.

$1.7 billion was stolen from cryptocurrency exchanges, custodial services, and in ICO exit scams in 2018. That’s a dramatic rise from the year before, despite the shrinking market. And according to the Q4 CipherTrace Cryptocurrency Anti-Money Laundering Report, that money.

E-commerce giant Alibaba Group’s quarterly revenue grew at its weakest pace since 2016, as the impact of a slowing Chinese economy and a crippling Sino-U.S. trade war kept buyers away during its top-sale season. The result is likely to add.

The Federal Reserve and its chairman, Jerome Powell, changed their tune Wednesday, striking a surprisingly dovish tone that sparked a stock-market rally, tanked the U.S. dollar and roiled other financial markets. The Fed hinted that it may be at the.

Important upcoming events and publications for January 31 (GMT): 10:00 Euro area GDP preliminary estimate may have a visible impact on EUR. Economists, on average, are expecting to see the slowdown from 1.6% to 1.2% y/y, which would be the.

SWIFT, the 11,000-member global payments network, has announced a partnership with enterprise blockchain consortium R3, and the news is already being felt in the cryptocurrency market where the rusty gears of the ripple (XRP) rumor mill have begun to turn.