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Market Overview - Page 586


Midday EURUSD roundup
Midday EURUSD roundup.

The dollar index fluctuates close to 94.0, near the lower bound of the trading range for the last three months. EURUSD is at 1.1690, after another unsuccessful attempt to take the resistance at 1.1700 earlier today. Bullish: EU leaders are.

The Makings of a 2020 Recession and Financial Crisis
The Makings of a 2020 Recession and Financial Crisis.

Although the global economy has been undergoing a sustained period of synchronized growth, it will inevitably lose steam as unsustainable fiscal policies in the US start to phase out. Come 2020, the stage will be set for another downturn –.

Cryptocurrency exchanges at risk of manipulation: report
Cryptocurrency exchanges at risk of manipulation: report.

Several cryptocurrency exchanges are plagued by poor market surveillance, pervasive conflicts of interest and lack sufficient customer protections, the New York Attorney General’s office said in a report published on Tuesday. The study found that online platforms where virtual currencies.

US Market Crash Expected as Household Income Explodes, Will Millennials Flock to Bitcoin?
US Market Crash Expected as Household Income Explodes, Will Millennials Flock to Bitcoin?.

Bitcoin, like gold, is often considered as a store of value with no correlation to the broader financial market. It moves independently of traditional assets and commodities, which allows Bitcoin to operate as a reliable store of value in times.

Newsflash: Ethereum and Ripple Surge 10% Within Minutes in Abnormal Market Activity
Newsflash: Ethereum and Ripple Surge 10% Within Minutes in Abnormal Market Activity.

The prices of Ethereum (ETH) and Ripple (XRP) have surged by more than 10 percent in the past five minutes, despite the lack of momentum of major cryptocurrencies like Bitcoin. A spike in the volume of both XRP and ETH.

Ether Just Erased Half of Last Week's 35% Rally
Ether Just Erased Half of Last Week's 35% Rally.

The price of ether (ETH), the world’s second-largest cryptocurrency by market capitalization, sank nearly $30 today, effectively erasing half of the 35 percent rally recorded last week. At press time, ETH is trading across exchanges at an average price of.

China Central Bank Warns of Cryptocurrency, ICO Risks in Public Notice
China Central Bank Warns of Cryptocurrency, ICO Risks in Public Notice.

It’s been a year since the PBoC issued a blanket ban on all ICOs, outlawing it as an illegal practice of fundraising. In its notice today, the central bank heralded the ban as a success, stating: “[T]he global share of.

Apple Watch is safe, but China tariffs could still hit other consumer tech products
Apple Watch is safe, but China tariffs could still hit other consumer tech products.

While Apple Inc. and the smartwatch business is safe from the latest tariffs the Trump administration enacted against China, there are many other potential areas of tech that could be hurt by the levies on $200 billion in Chinese goods..

Markets reversed to growth, despite new tariffs on China import
Markets reversed to growth, despite new tariffs on China import.

Trump’s administration announced the introduction of 10%-tariffs for Chinese imports to $200 billion. The news had a moderate negative impact on the markets. The dynamics is limited, as the information about these measures appeared on Monday, which took from MSCI.

Bitcoin slips back toward critical support, drags market cap below $200 billion
Bitcoin slips back toward critical support, drags market cap below $200 billion.

Cryptocurrency prices traded lower Monday, unable to hold onto last weeks gains. Bitcoin, the worlds No. 1 digital currency is trading at $6,280.90, down 3.4% since Sunday at 5 p.m. Eastern Time on the Kraken exchange. After a volatile few.

SBI Nears Launch Ripple Blockchain Payments App ‘MoneyTap’ in Japan
SBI Nears Launch Ripple Blockchain Payments App ‘MoneyTap’ in Japan.

Japanese financial services group SBI Holdings will launch its consumer payments application MoneyTap, on both Android and iOS, using Ripple’s blockchain technology. SBI Ripple Asia, a joint venture established by SBI Holdings and San Francisco-based FinTech giant Ripple in early.

Emerging markets rebound seems over, dollar gains on renewed trade worries
Emerging markets rebound seems over, dollar gains on renewed trade worries.

Asian markets have turned to a decline with a renewed force. After the rebound of last week, the index MSCI Asia ex Japan loses 1.2% and is only 1.5% above the 14-month lows. Futures for S&P500 have returned to 2900.

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