Search Results for: gold price
My Crazy $17,000 Target for Bitcoin Is Looking Less Crazy
November 28th, 2017
The basis of this admittedly crazy forecast was simple: capital flows. I think we can all agree that bitcoin (BTC) is “interesting.” One of the primary reason that bitcoin (and cryptocurrency in general) is interesting is that nobody ...
Bitcoin surged to yet another new record high; Cracks $9,600
November 27th, 2017
Bitcoin surged to yet another new record high on Monday, breaking a record set during the Thanksgiving weekend stateside. The cryptocurrency jumped to an all-time high of $9,682.10 hours after cracking the $9,400 level on Sunday, according to industry ...
Asian Shares Joined A Global Rally; Currencies Review
November 22nd, 2017
Asian shares joined a global rally and scaled a fresh decade peak on Wednesday as strong world growth and rising corporate profits lured hordes of investors into equities, while oil prices jumped on expectations of a production cut. MSCI’s ...
The Euro Rose, Asian stocks recovered; Key Events to Watch This Week
November 21st, 2017
Asian stocks recovered some of their recent losses, with Chinese shares bouncing from recent declines, as traders put on hold concerns about U.S. tax reforms and European political issues in a holiday-shortened week in America. Treasuries and the dollar ...
Early Market Report: Asian Shares Pulled Back On Monday
November 20th, 2017
Asian shares pulled back on Monday, with investor sentiment hurt by a retreat on Wall Street and a slide in Chinese stocks, while the euro skidded after German coalition talks hit an impasse. Spreadbetters predicted the gloom would spread ...
Cryptos may destabilise fiat
November 17th, 2017
The assumption in some quarters is that crypto-currencies will replace gold as money, or at least challenge it. This is an error borne out of a misunderstanding of catallactics, or the theory of exchange. It also ignores the fact ...
Diamonds Market Review
November 17th, 2017
Sentiment improves, with wholesale jewelers busy filling Christmas orders. Record $25.3B Alibaba Singles’ Day (11/11) sales signal strong mobile buying for upcoming holiday season. Polished trading stable. Rough market cautious, with low profitability after $455M De Beers sight. High ...
The Main Moves In Financial Markets; Asian Stocks Rose, Euro Steady
November 16th, 2017
Asian stocks rose, halting a retreat from historic highs after a four-day decline. Australian bonds climbed after a rally in Treasuries spurred in part by the global equities sell-off. Shares in Japan advanced, with the Topix index on track ...
Bitcoin’s value rose $10 billion in just 12 hours after a dramatic sell-off
November 14th, 2017
Bitcoin rallied more than 11 percent in just over half a day on Monday, following a dramatic plunge in the cryptocurrency over the weekend. The digital currency started trading at $5,857.32 on Monday and rose nearly 15.6 percent to ...
The yen was flat, euro was little changed; Equity markets in Asia were steady
November 14th, 2017
Equity markets in Asia were steady as investors awaited clues on monetary policy from heads of some major central banks and kept an eye on U.S. tax reform developments. Bond yields held recent advances. Japan’s Nikkei 225 Stock Average ...
