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Goldman Sachs lowered its forecast for 2016 to $45 from $57 while allowing “the possibility” of $20 oil. It was stated that the bearish trend will be continuing for crude oil...
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BitSpark has been selected to join the Accenture’s FinTech Innovation Lab Asia Pacific 2015 The program, created by world renowned technology and consulting company Accenture, is aimed at inviting the best financial technology startups to be incubated by world’s leading financial institutions...
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The CTO of Planet Capital, Dan Sokol confirmed the appointment and said that it marks a decisive step in Wozniak’s affiliation with Blockchain infrastructure...
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In the first publicly announced bitcoin-related investment, Goldman said on April 30 that it co-led a $50 million financing round for Circle, a bitcoin startup led by serial tech entrepreneur Jeremy Allaire. The startup offers a new digital wallet meant for everyday consumers...
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The XAU is an index of gold and silver stocks. The XAU bottomed in November 2014 below 62 at a 14 year low, down approximately 73% from its 2011 high at approximately 230. As of Friday March 20 it closed at 69.27...
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Why are economic events important to currency traders? A currency is a proxy for the country it represents, therefore the economic health of that country is priced into the currency. Economic indicators measure the health of an economy...
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In December 2014, Russia’s “Centre for Regulation in OTC Financial Instruments and Technologies” (CRFIN) conducted a survey amid retail Forex traders in the country, asking them to voice their opinion on the maximum leverage limit set by the lawmakers...
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EURUSD EUR/USD recovery stalled near the 3rd square root relationship of the year’s low near 1.1415 on Tuesday Our near-term trend bias remains positive on the euro while above 1.1210 A push above the 3rd square root relationship of the year’s low at 1...
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This Standard & Poor's index serves as a barometer for the U.S. mid-cap equities sector and is the most widely followed mid-cap index in existence. To be included in the index, a stock must have a total market capitalization that ranges from roughly $750 million to $3 billion dollars...
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The Russell 1000 Index measures the performance of the large-cap segment of the U.S. equity universe. It is a subset of the Russell 3000® Index and includes approximately 1000 of the largest securities based on a combination of their market cap and current index membership...
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US DOLLAR TECHNICAL ANALYSIS Prices may be carving out a top after prices put in a bearish Evening Star candle pattern. Near-term support is at 11599, the 14.6% Fibonacci retracement, with a break below that on a daily closing basis exposing the 23.6% level at 11527...
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US DOLLAR TECHNICAL ANALYSIS Prices are struggling with downside follow-through having topped as expected. A daily close below the 14.6% Fibonacci retracementat 11599 exposes the 23.6% level at 11527...
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Currency trading platform Forex.com on Thursday suspended trading in Swiss francs due to the surge in franc volatility after the Swiss National Bank unexpectedly abandoned the currency's exchange rate cap against the euro...
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Fake Investment Company Steals 1,000 BTC from Customers Group of people complained about CryptoDouble, an investment company that disappeared with around 1,000 Bitcoin...
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World Bank downgraded its global economic forecast citing weak prospects for the euro area and Japan. World Bank said global gross domestic product is expected to grow 3 percent in 2015, slower than the 3.4 percent estimated in June. For 2016, the economy is projected to expand 3...
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Cex.io Halts Cloud Mining Operations over Weak Bitcoin Value Bitcoin cloud mining service provider Cex.io is no longer providing its services, thanks to the constantly falling prices and increasing mining difficulty, which are impacting their and their customers’ revenues...
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The CAC 40, the most widely-used indicator of the Paris market, reflects the performance of the 40 largest equities listed in France, measured by free-float market-capitalization and liquidity. The index was developed with a base level of 1,000 as of December 31, 1987...
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The DAX (Deutscher Aktienindex (German stock index)) is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. Prices are taken from the electronic Xetra trading system...
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The Nikkei 225, more commonly called the Nikkei, the Nikkei index, or the Nikkei Stock Average, is a stock market index for the Tokyo Stock Exchange (TSE). It has been calculated daily by the Nihon Keizai Shimbun (Nikkei) newspaper since 1950...
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Bombay Stock Exchange (BSE) is an Indian stock exchange located at Mumbai, Maharashtra, India...
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