Britain took a decisive step away from a damaging no-deal Brexit as members of Parliament and political leaders backed efforts to prevent a disorderly departure from the European Union. The House of Commons vote shortly before midnight Wednesday to block...
The U.S. threatens to strengthen sanctions against the banking, energy, defense Russian sectors
U.S. Republican and Democratic senators will introduce legislation on Wednesday seeking to deter Russia from meddling in U.S. elections by threatening stiff sanctions on its banking, energy and defense industries and sovereign debt. Known as the “Deter Act,” the legislation...
Forex: EURUSD & GBPUSD finds support at major levels
EURUSD EURUSD received support after falling below 1.1200, and this level looks like significant support for the pair since November. The markets focus on the euro-region business activity weak indicators, which may further put pressure on the single currency. On...
Chinese and US stock indices maintain growth as yield curve normalization aids the markets
Stocks Chinese and US stock indices maintain growth impulse, adding 0.3-1.0% within 24 hours, reflecting the demand for risky assets. The Chinese blue-chip index A50 fully offset the last year decline due to trade wars fears. S&P 500 reached the...
BCH increased in price by 47% per day, beating all the coins from the TOP-10
Forks Bitcoin Cash (BCH) and Bitcoin SV (BSV) have posted astronomical gains following Bitcoin’s run up to $5,000. After getting decimated by the hash wars following BSV’s split from BCH, it appears that the bull trend has revitalized the two...
Oil at highs: geopolitics and OPEC + may further increase the cost of a barrel
Crude advanced to the highest this year after a further reduction in supply from OPEC signaled that global markets are tightening. Futures in New York added 1.6 percent on Thursday to close at the highest level since November. Declines in...
Does Ripple control XRP? – Of course not
One of the issues casting a shadow on the XRP cryptocurrency is just how decentralized it is. After all, Ripple owns the lion’s share of XRP’s supply and relies on the cryptocurrency to power its cross-border payment products. Ripple CTO...
FxPro: Mysterious Bitcoin spike to $5000. What next?
Within an hour on Tuesday morning, Bitcoin spiked by more than 15% from $4,200 to $4,850, enjoying growth without barriers after the bounce from important resistance near $4,000. BTC showed the dynamics of a well-forgotten glorious past. The growth was...
FxPro Market Review: EURUSD testing 1.1200, Stocks rise stall on lack of further impulse
Stocks Key stock indices maintain a positive bias, although the growth momentum has dried up without new impulses after the China A50 index has updated annual highs, and the S&P 500 raised to 2870 – the highest level since October...
Dead end Brexit: Parliament can not choose any option in principle
Britain was no nearer to resolving the chaos surrounding its departure from the European Union after parliament failed on Monday to find a majority of its own for any alternative to Prime Minister Theresa May’s divorce deal. After a tumultuous week in...