Author Archives: Mr Bitcoins

A Lacklustre Rand Weathers Zuma’s Vote of No Confidence

If you lead a country, criticism comes with the territory and even the world’s most charismatic leaders gather foes. Now that social media has given everyone a platform, we can see real-time reactions (good and bad) of the general public to their leaders’ decisions. This collective voice has a lot of clout, and the ousting of unsavoury leaders is becoming commonplace — but there are always exceptions, says FXTM’s Samantha Robb, Staff Writer. When we talk about leaders that refuse to be toppled, some classic examples are […]

More info

Bitcoin falls below $4,000 to hit 7-day low By Investing.com

© Reuters. Bitcoin falls below $4,000 to hit 7-day low Investing.com – The price of the digital currency bitcoin fell below the $4,000 level on Tuesday to hit the lowest level since August 12. On the U.S.-based Bitfinex exchange, touched a low of $3,600.00 and was at $3,925.1 by 08:33 a.m. ET (12:33 GMT) having opened at $3,998.9. Since setting its most recent all-time high of $4,489.1 on Aug.17, prices have pulled back and at current prices bitcoin has a market cap of about $65 billion. The […]

More info

UK factories’ output expectations highest since March as orders rise: CBI By Reuters

© Reuters. UK factories’ output expectations highest since March as orders rise: CBI LONDON (Reuters) – British factories expect further strong growth over the next three months after a pick-up in orders, though consumers are likely to feel greater pressure from higher prices, an industry survey showed on Tuesday. The Confederation of British Industry said its monthly industrial order book balance rose to +13 this month from +10 in July, beating economists’ expectations in a Reuters poll for it to edge slightly lower and well above its […]

More info

Massive California verdict expands J&J’s talc battlefield By Reuters

© Reuters. Massive California verdict expands J&J’s talc battlefield By Tina Bellon NEW YORK (Reuters) – A massive California verdict in a lawsuit alleging Johnson & Johnson’s (N:) talc-based products cause cancer has opened a new front in the litigation, upending the company’s hopes that the cases were only gaining traction in Missouri, legal experts said. The $417 million award by California jury to a California resident suggested so-called forum-shopping, in which parties seek to file cases in whichever jurisdictions seem most favorable, may not be the […]

More info

The Energy Report: Oil Is Sold Off As Traders Look Towards The Sky

Heads in the Clouds sold off ahead of expiration as traders had their eyes on the skies and not their trading screens. Oil was eclipsed in a day where stock market volumes dried up and it seemed that traders ran for cover ahead of expiration. OPEC punted at their technical meeting and put off a decision to extend until their November meeting. Today is the September expiration and we are bouncing off support as we look to the heart of the shoulder season when gasoline demand dips […]

More info

EUR Watches Draghi | Investing.com

On Monday, managed to close above 1.18, but it is sliding down Tuesday morning. The pair feels unstable, as the ECB hinted last week that President Draghi will not reveal any new policy paths during the . It means QE tapering may come not earlier than October, although before the market priced in September as the start of tapering process. And this will be the main factor for EUR/USD to be capped by 1.1800 for now. Although strong euro is damaging for export oriented German economy, there […]

More info

USD/CAD erases gains, hits 3-week lows By Investing.com

© Reuters. Greenback pulls back from session highs vs. loonie after Canadian data Investing.com – The U.S. dollar erased gains against its Canadian counterpart on Tuesday, to hit a three-week low after the release of mixed Canadian retail sales data, as investors continued to focus on the upcoming Jackson Hole Summit this week. hit 1.2529 during early U.S. trade, the pair’s lowest since August 1 ; the pair subsequently consolidated at 1.2532, shedding 0.22%. The pair was likely to find support at 1.2448, the low of August […]

More info

GBP/AUD: Descending Wedge Break? | Investing.com

www.investing.com/analysis/gbpaud-descending-wedge-break-200208683 GBP/AUD: Descending Wedge Break? By Scott Barkley   |  9 hours ago (Aug 22, 2017 08:39AM ET) Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility […]

More info
1 2 3 131