News

Bitcoin prices declined to less than $7,000, hitting a two-week low. Shutterstock Bitcoin prices fell below the $7,000 level today, reaching their lowest since mid-July. The digital currency’s price declined to as little as $6,933.09, according to the CoinDesk Bitcoin Price Index (BPI).  At this point, it was down roughly 6.5% for the day, additional BPI figures show. [Ed note: Investing
0 Comments
Where are we with Brexit this am? Coming Up! Title text for next article LON +1 SDNY+10 NY -4 TYO +9 GMT GBP under pressure The GBP is under pressure this am on earlier reports that UK Downing Street believe that negotiations will probably break down this week. According to The Spectator’s James Forsyth Irish
0 Comments
Workers look at the LNG Sakura liquefied natural gas tanker berthed at Tokyo Gas Co.’s Negishi LNG terminal in Yokohama, Japan, on Monday, May 21, 2018. This was Japan’s first LNG shipment from Dominion Energy’s Cove Point facility. LNG exports in recent years have increased significantly, one of many new demand drivers in the natural gas markets.
0 Comments
Rally participants preparing to enter Emancipation Park in Charlottesville, Virginia on August 12, 2017. They carry Confederate battle flags, Gadsden flags, and a Nazi flag. Some are funded by bitcoin and cryptocurrency. (Photo by Anthony Crider via Wikimedia Commons.) Anthony Crider / Wikimedia Commons The second Unite The Right rally is scheduled for this weekend and
0 Comments
Closing changes on the main US exchanges: S&P 500 up 41 points to 2952 (+1.4%) DJIA +1.4% Nasdaq +1.4% On the week: S&P 500 -0.3% DJIA -0.9% Nasdaq +0.5% Those are some modest moves on the week that disguise how wild a ride it was. Here is how the weekly S&P 500 chart looks like:
0 Comments
Official has more-direct knowledge of Trump’s Ukraine dealings A second official with more-direct knowledge of Trump’s Ukraine dealings is weighing whether to blow the whistle on the President, according to the New York Times. The second official is among those interviewed by the intelligence community inspector general to corroborate the allegations of the original whistle-blower,
0 Comments
What is the trade in USD/JPY MUFG Research discusses USD/JPY tactical outlook and adopts a neutral bias, expecting the pair to remain contained in 106-109 range in the near-term. “Over the last week, the USD rally at the end of the quarter was mixed with JPY buying among exporters. Financial institutions are taking gains and
0 Comments
Atlanta Fed GDPNow cut Prior forecast was Sept 27 From the report: After this morning’s Manufacturing ISM Report On Business from the Institute for Supply Management and the construction spending report from the U.S. Census Bureau, the nowcasts of third-quarter real personal consumption expenditures growth and third-quarter real private fixed-investment growth decreased from 2.6 percent
0 Comments
Latest data released by Destatis – 30 August 2019 prior -2.2% revised -1.6% retail sales 3.2% y/y vs 2.9% expected 4.4% prior Monthly reading as expected and y/y reading ticks up. The big worry for the eurozone is if/when the slowing manufacturing data flows into services and consumption activity. Nothing to see here to that
0 Comments