US crude stocks dropped less than expected in the past week as gasoline stocks fell amid a rise in distillate inventories, according to Energy Information Administration data. In comparison to the 1.1 million barrels drop expected by analysts, the crude inventories dropped 905,000 barrels...
On Friday the euro was deep in the red, having suffered its highest dip in three years after the European Central Bank stunned markets by cutting interest rates and embarking on a trillion-euro asset-buying binge...
Goldman on Abenomics’ moment of reckoning (FT Alphaville) This Is Why We Can’t Have Nice Things (Motley Fool) Wolf: Holdouts give vultures a bad name (FT) The Strange Allure of Higher Fees (NY Times) see also Trader Who Scored $100 Million Payday Bets Shale Is Dud (Bloomberg) Bond market conundru...
Indonesia has huge potential for Bitcoin and as the number of Bitcoin users is expanding in the country, some companies are looking to explore the market well; one of them is Bitcoin.co.id...
China will launch what will be the largest carbon dioxide emissions trading system in the world in 2016, a government official said. China is the world’s largest emitter, with about 30 percent of the world’s carbon pollution...
Bloomberg reports on an interview with Andrew Ng, the chief scientist of Baidu, China’s largest search engine...
European stocks rose with bonds while the euro weakened to its lowest level in more than a year against the dollar as the European Central Bank unexpectedly cut interest rates and announced a bond-buying program...
Today in the Asian session crude oil gave back 42 cents to trade at 95.12 while Brent oil is down just 15 cents at 102.22...
As hackers try to steal credit card data from Home Depot (HD) and naked pictures from Hollywood celebrities, cybersecurity companies are seeing big gains. Shares of both Palo Alto Networks (PANW) and FireEye (FEYE) -- two of the hottest stocks in the security world -- are on fire this week...
On Thursday the euro decreased against the other major currencies after the European Central Bank unexpectedly cut interest rates across the euro zone, in response to slowing growth and inflation...
On Thursday the pound was steady, as investors looked ahead to monetary policy announcements by the Bank of England and the European Central Bank later in the day...
Seeing that there are actually ways to make money in September is an important realization for investors who adhere to the adage, “Sell in May and go away.” September lands during the time of the year some investors start getting fearful of big corrections — or worse...
On Thursday the New Zealand dollar edged lower against its stronger U.S. counterpart, hovering close to six month lows as investors anticipated Friday’s U.S. employment report for August...
Gold had a horrendous year in 2013 disappointing many of its supporters; however, 2014 started brightly bringing with it much hope for an attempt at achieving new record highs. Gold prices moved quickly from the $1200/oz level to flirt with $1400/oz by mid-March...
There are lots of reasons to love Bitcoin - lack of fees, anonymity, investment potential and a number of others...
A decline in Apple shares dragged the Nasdaq lower and investors held off on big bets before the European Central Bank's upcoming policy meeting. Thus, on Wednesday U.S. stocks ended mostly down...
In a press release the organizers of the Global Bitcoin Summit say that the event will be held in Hong Kong from November 28 to 29 this year...
