U.S. stocks climbed toward all-time highs, the dollar strengthened and Treasury yields fell after a report showed the economy is adding jobs with few signs of inflation and President Donald Trump pressured the Federal Reserve to sustain growth. “On the...
Sustain positive momentum to stocks, falling GBP and die-hard Gold
Stock markets Markets maintain positive momentum. The S&P 500 rose to highs since October, the Hang Seng hit 30K for the first time since June last year, German DAX hit 12000. The German market is experiencing the strongest growth momentum...
Bitcoin (BTC) is undervalued by 64%: Tom Lee
The bitcoin price has climbed 30% year-to-date and is holding just under $5,000 after an early-April rally, but it’s still undervalued by a ridiculous margin. Fundstrat Global Advisors co-founder Tom Lee not only believes that this week’s increase is justified,...
Economists expect NFP at 180K
U.S. employment growth likely rebounded from a 17-month low in March as milder weather boosted activity in sectors like construction, which could further allay fears of a sharp slowdown in economic growth in the first quarter. Worsening worker shortages and...
May asked for Brexit delay until June 30
Prime Minister Theresa May has written to European Council President Donald Tusk to request a delay to the U.K.’s departure from the bloc until June 30. May cited talks with opposition Labour Party Leader Jeremy Corbyn aimed at breaking the...
Weiss Ratings: In the US, Ripple (XRP) More Popular than Bitcoin (BTC)
Bitcoin might be the most popular and leading cryptocurrency in the world, but its popularity in the United States doesn’t match that of another crypto. Weiss Ratings has revealed that XRP is more popular in the US compared to Bitcoin....
Bitcoin stretches the limits, Gold finds support, Brent not ready for $70 yet
Brent Brent crude stopped its growth. The sharp increase of US oil reserves at the same time with the new weekly production record of 12.2 million barrels/day was bad news for oil, not allowing Brent to consolidate above the 200-day...
Lower USD lifts the markets, Euro and Pound continue their climb
Stocks Chinese indices jumped to 13-month highs. The China A50 added almost 9% for the week as part of the last rally. The S&P 500 gained 0.2% at the close of trading session on Wednesday, but index futures are losing...
Brent rolled back from $ 70 due to rising US crude stocks
Oil prices slipped a second day on Thursday, with Brent edging down further from the $70 mark after weekly U.S. oil data showed a surprise build in crude inventories and record production. Brent futures were down 3 cents at $69.28...
Bitcoin (BTC): for the first time in 442 days bullish momentum using a key technical analysis method
The bitcoin price just accomplished something it failed to do every day for more than a year, and it has speculators foaming at the mouth. For the first time in 442 days, in nearly 15 months, a positive candle of...