Fed Baseline is Three Rate Hikes for 2018
One question prior to the Fed announcements today was how well the markets would receive Fed Chair Jerome Powell’s first monetary policy statement given the recent volatility in the stock and bond markets. Shortly after the announcement, we can say that there was no shock, surprises or extraordinary volatility. NeedlessRead More
Economic NewsALL ECONOMIC NEWS
Fed Baseline is Three Rate Hikes for 2018
One question prior to the Fed announcements today was how well the markets would receive Fed Chair Jerome Powell’s first monetary policy statement given the recent volatility in the stock and bond markets. Shortly after the announcement, we can say that there was no shock, surprises or extraordinary volatility. Needless
Forex NewsALL FOREX NEWS
It’s all about the Dollar – Will it be 3 or 4?
Earlier in the Day:There were no material stats released through the Asian session this morning to provide direction to the majors, with focus shifting towards today’s FOMC monetary policy decision and more importantly, Jerome Powell’s first press conference as FED Chair and the release of the FOMC economic projections.In spiteRead More
Cryptocurrencies NewsALL CRYPTOCURRENCIES NEWS
Crypto Update: Cryptocurrencies Rise Again as G20 Calls for Regulation
The G20 meetings in Argentina have finished and did not produce a unified mandate regarding cryptocurrencies which may have helped nervous sentiment in the market calm. Twitter has announced a ban of crypto adverts which will start in two weeks.Cryptocurrencies Escape Sharp Claws of Governments at G20While governments participating inRead More
ICO NewsALL ICO NEWS
Fair Gaming is the Future: TruePlay Sets a New Transparency Standard for the Gambling Industry
TruePlay Pre-SALE starts on April 15th. TruePlay is a unique gambling platform based on blockchain technology. Its developers presented software designed for creating and supporting gambling apps, with an innovative take on transparency and the functional abilities of online games.TruePlay is based on its own token – the WinCoin –Read More
Commodities NewsALL COMMODITIES NEWS
Gold Quivers as Powell Takes Centre Stage
King Dollar appreciated against a basket of major currencies on Tuesday as the hotly anticipated FOMC meeting got underway. However, the greenback is trading lower on Wednesday’s session. This is Fed Chair Jerome Powell’s first such outing, and the markets are widely expecting his Central Bank to raise interest ratesRead More
Viva Espana? Bravo Europa? Leaving America?
Look at this image I created using Bloomberg for the data. It shows the Dow and the Spanish IBEX indices over a 5 year period. It begs the question: will we see a closing of this gap now in performance? And does that mean better performance from Spain?Dow Jones/IBEXLet us
Will Rising Interest Rates Push Gold Higher?
The simple viewpoint has been that rising rates are bad for gold because gold is not an interest-bearing asset. Why would you own gold if interest rates are rising and gold doesn’t pay you anything? There are typically two sides to the debate on the impact of gold from the
How the Italian Elections can affect the European Economy?
At the heart of the election is the issue of immigration, while other areas of focus include social reform and taxation and there is always the issue of national identity and membership to the EU.The Leading FourIn the final week, there are four major parties that will be garnering the
Will Switzerland Save Cryptocurrencies?
Its location, nestled between Germany, France, Austria, and Italy; coupled with its rugged, mountainous terrain, have, for millennia, made it a perfect place to hide. Many of the world’s richest citizens count themselves amongst the 8 million inhabitants of Switzerland. Indeed, the country is the wealthiest in the world in
From Gold to Code: Could Cryptocurrencies Really Replace Fiat Money?
In 2009, a mysterious individual named ‘Satoshi Nakamoto’ propelled cryptocurrencies into the mainstream with the introduction of bitcoin and shook the world of finance to its core. Bitcoin was only the beginning of the world’s love affair with this novel form of currency. Now we have more than 1400 cryptocurrencies,
The Biggest Initial Coin Offering: Telegram Has Raised $850 through its ICO
There’s been much debate over whether the funds raised through the ICO are in fact to purely cover the costs of Telegram, which continues to grow and eat into CEO Pavel Durov’s pocket. With the public ICO expected to raise at least an additional $600m, Telegram looks to be covered
Brokers NewsALL BROKERS NEWS
Get the Competitive Edge with ATFX
Offering a secure and compliant programme for web affiliates, ATFX Global Markets (CY) Ltd (ATFX) has launched the Marketing Partner Programme (MPP). This programme provides ATFX partners with a unique way to create their own successful online business. That’s all without worrying about capital investment, strategies to succeed or evenRead More