There was slight shift in risk appetite in the Asian session amid competing forces of a greater possibility of an end to the government shutdown, and concerns about global growth and difficulties surrounding making progress in the US-China trade talks. Though there was no specific headline or data to cause the turnaround, the gains were
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Elon Musk, co-founder and chief executive officer of Tesla Inc., speaks during an unveiling event for the Boring Co. Hawthorne test tunnel in Hawthorne, Calif., on Tuesday, Dec. 18, 2018. Musk has unveiled his underground transportation tunnel, allowing reporters and VIPs to take some of the first rides in the subterranean tube, which the tech
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DAVOS WORLD ECONOMC FORUM – TALKING POINTS A quiet first day at the annual World Economic Forum Global growth worries and political instability take spotlight Anti-risk assets rise as anxiety over economic slowdown builds Government leaders and business executives take to Davos, Switzerland for the 2019 World Economic Forum where the world’s most influential economic
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How is Brexit impacting the markets? (video) Stocks sink as growth concerns escalate USD/JPY – Japanese yen edges higher, BoJ rate statement next Stock-index futures point to lower start as growth, trade worries fester Canada: Monthly survey of manufacturing, November 2018 USD/CAD – Canadian dollar dips to 2-week low as risk appetite softens Profit taking
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50 day MA at 2622.75 The S&P has just violated the 50 day MA after one day close above that moving average.  That MA comes in at 2622.72. The price is trading at 2619.72.  The move higher last week was also able to breach the 50% of the move down from the September high. That
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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Pound rises across the board even on lack of Brexit clarification.  GBP/JPY holds bullish tone in the short-term.  The GBP/JPY pair kept rising after the beginning of the US session and reached at 141.90 the highest level since last Friday. The pair moved closer to the critical 142.00 area.  Earlier today, bottomed at 140.60 but
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Blockchain technology firm Bitfury is looking to reinforce its software unit with two executive-level hires. Announced today, Marina Khaustova, former chief marketing officer and co-founder of Element Capital Group, has joined Bitfury as the CEO of Crystal Blockchain, the company’s analytical tool for investigating public blockchain transactions. Meanwhile, Chris Dickson, previously at enterprise software vendor Panaya, joined
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