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European markets set to open lower as North Korea fires another missile
September 15th, 2017
European stocks are set to open lower after North Korea sent another missile over Japan into the Pacific Ocean. The FTSE 100 is seen down by 5 points at 7,385; the DAX is set to open lower by 30 ...
Elliott Wave Analysis: AUDUSD and Dax
September 14th, 2017
Elliott Wave Analysis: AUDUSD and Dax AUDUSD can be trading in a flat correction of a higher degree. A flat is a 3-3-5 pattern, meaning final wave c must be constructed by five legs. At the moment we ...
Bitcoin mining has become very big business
September 14th, 2017
In China’s Hinterlands, Workers Mine Bitcoin for a Digital Fortune One of the largest sources of Bitcoin can be found in the grasslands of Inner Mongolia, despite Chinese skepticism over its potential for risk. They worked as factory hands, ...
Groups from EU member states to sue Volkswagen
September 14th, 2017
Consumer organisations from four European countries are working together to demand compensation for people whose diesel cars, made by Volkswagen Group (VW), are equipped with an emissions cheating code in the software. The groups – from EU member states ...
U.S. Regulator is monitoring the impact of Hurricane Irma on investors and capital markets
September 14th, 2017
The Securities and Exchange Commission is closely monitoring of the impact of Hurricane Irma on investors and capital markets, and continues to monitor the impacts of Hurricane Harvey. “As we are doing in areas affected by Hurricane Harvey, the ...
Oil prices eased on Thursday
September 14th, 2017
Oil prices eased on Thursday, but held on to most of their gains in the previous session when the market was buoyed by a forecast for firmer global oil demand by the International Energy Agency. London Brent crude for ...
Dollar holds advance, yen little changed, euro eased down Aussie jumped; Early Market review
September 14th, 2017
The rally in risk assets took a breather in Asia after further signs that China’s economy is cooling and ahead of U.S. inflation data that may offer clues for monetary policy direction. Benchmarks from Tokyo to Sydney fluctuated after ...
Bitcoin and ethereum slide after JPMorgan Chase boss slams cryptocurrencies as “fraud”
September 13th, 2017
JPMorgan Chase chief executive Jamie Dimon slammed cryptocurrencies as a “fraud” last night, pushing the already slipping value of Bitcoin down another notch. Bitcoin hit a three-week low today following his remarks, dropping 5.6 per cent to $3,953, while ...
Elliott Wave Analysis: Triangle On USDMXN Points Lower
September 13th, 2017
Elliott Wave Analysis: Triangle On USDMXN Points Lower On the 4h chart of USDMXN, we see price going complex, displying a slow and overlapping price activity, which is why a triangle pattern can be in progress. We know ...
Town in Switzerland accepts tax payments in bitcoin
September 13th, 2017
Switzerland ramped up its bid to become a global hub for financial technology (fintech) and cryptocurrency start-ups with the decision by a town on the Italian border to accept tax payments in bitcoin. Chiasso announced that it would take ...
