Archive
The Leading Cryptocurrency Stories for 31st Jan 2018
The cryptocurrency market became bearish at the beginning of this year, mainly due to the actions taken by South Korea, China, and Indonesian governments. Once that subsided, the private sector enterprises have turned the heat towards cryptocurrencies. Yesterday, Facebook announced
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Amidst Intense Criticism, Deutsche Bank Raises Bonus
The stock of Deutsche Bank Aktiengesellschaft (NYSE: DB) fell yesterday by about 2.10% to $19.10, following the reports of an annual bonus hike to its employees. The German weekly news edition Frankfurter Allgemeine Sonntagszeitung, which broke the news on
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Canadian Dollar Strengthens on Optimism At NAFTA Talks
The Pound has begun the week on a shaky note. It is declining against most of the G10 currencies, including the Canadian dollar. The decline can be construed as profit booking, following a phenomenal run of about 800 pips
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The Leading Cryptocurrency Stories for 29th Jan 2018
Hacking digital wallets seems to be the most profitable illegal activity. Smart hackers can easily cover up the trail, while earning millions of dollars from the comfort of their home. Unless the stolen coins are routed to an exchange immediately,
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GE Misses Q4 Estimates, Issues Upbeat FY18 Outlook
Diversified industrial conglomerate General Electric Company (NYSE: GE) reported a swing to a net loss in the fiscal 2017 fourth-quarter, compared to a net profit in the similar period last year. The losses were driven by investment contracts, insurance
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Yen Weak as BoJ Leaves Monetary Policy Unchanged
The US dollar began the week on a dull note, as the impasse on the US government shutdown continued. Even the impressive decline in the US unemployment claims, reported last week, was of little assistance to the greenback. The
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The Leading Cryptocurrency Stories for 24th Jan 2018
The cryptocurrency market is in the midst of a huge transition. On one side, companies continue to launch platforms that will create a sea of change in the way businesses function. On the other side, conservative governments and financial institutions
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UBS Swings To Loss On CHF 2.865 billion Tax Charge
Swiss banking group UBS Group AG (NYSE: UBS) reported a swing to a net loss in the fourth-quarter of 2017, compared to a net profit in the similar period last year. Due to the new US tax laws, the
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Fundamentals Favour Euro To Rally Against Kiwi Dollar
The EURNZD pair has fallen from 1.6930 to 1.6730 in the past three trading sessions. The Euro dollar sell off was triggered by a 4.9% increase in the average dairy product prices in the auction conducted on January 16.
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The Leading Cryptocurrency Stories for 22nd Jan 2018
Once again, the crypto market had an eventful week. Crypto currencies, which lost 30% to 40% of their value earlier last week, started recovering late Wednesday. By Friday, almost all the cryptos had recovered a major portion of their losses.
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