Market Overview - Page 603

Cryptocurrency mining profits are on the way down, resulting in declining demand for hardware, such as high-end graphics cards. Sources suggest that GPUs could drop by as much as 20% within the upcoming month. DigiTimes, a premier Asia-based technology news.

At 10:00 GMT, BOE’s Governor Carney will deliver a speech in Newcastle. GBP crosses can be moved by this event. At 11:15 GMT, German Buba President Weidmann will deliver a speech titled “Towards a more stable monetary union – what.

The markets remain subdued after yesterday’s 4th of July celebrations in the US. Despite this Oil headlines are dominating the markets once again. US President Trump has restated his call for OPEC to bring down the price of gasoline. He.

At the Building on Bitcoin conference this week, Jameson Lopp, former lead engineer at BitGo and engineer at CasaHODL, revealed that an estimated 4 million BTC are lost and 2 million BTC are stolen. As of July 2018, a total.

Among the handful of blockchain-friendly jurisdictions around the globe, Malta stands out with perhaps the most forward-thinking regulatory agenda. In a testament to its success, the European island state has attracted a couple dozen blockchain businesses, such as the crypto.

Blockchain security firm CipherTrace recently reported that $731 million worth of cryptocurrencies were stolen from crypto exchanges during the first half of 2018. Last year, crypto exchanges recorded around $266 million in losses from security breaches and heists. The first.

Independent Reserve, Australia’s first regulated cryptocurrency exchange, will add support for Ripple’s token currency XRP this week.

At 07:55 GMT, German Markit Services PMI (Jun) will be out with an expected headline number of 53.9 against 53.9 previously. After reaching a multi-year high in February at 57.3, this data has come back into its range under 56.0..

On a holiday shortened trading day the tones coming from the last 24 hours of trading have suggested a risk off attitude as Gold finds support around the 1240.00 area and Equities pare some of Monday’s gains. The Japanese Yen.

At 08:30 GMT, UK Construction PMI (Jun) will be out with an expected headline number of 52.0 from a prior number of 52.5. The consensus is for the numbers today to remain in line with expectations after the data stabilized.

The RBA left rate on hold at 1.5% for Australia saying that inflation is likely to remain slow for some time, household consumption remains a source of uncertainty while low wage growth is likely to continue for some time. AUDUSD.

Political tension in Germany is dominating the headlines as we start a new week. The EU Immigration deal reached last week gave a short term boost to the risk on side but now that the dust has settled cracks have.