Browsing category Market News

Market Brief May 15th: A day packed with market catalysts


Australia AUD, 02:30 a.m. GMT+1, RBA Meeting Minutes – the minutes contain a detailed description of the specific reasons and economic conditions that brought about the latest interest rate decision. Comments may hint at future decisions to affect monetary policy. Germany EUR, 07:00 a.m. GMT +1, German GDP (QoQ) (Q1) P –preliminary data is expected

Market Brief May 14th: Cryptos retrace


Bitcoin – New York, one of the major financial hubs of the world, now gathers thousands of individuals to more than 20 conference events. With tickets costing $2000 each and well over 4000 people expected to attend CoinDesk’s Consensus three-day conference, the event is expected to bring in more than $8 million. Despite falling prices

Market Brief May 9th: RBNZ Interest Rate Decision


Bitcoin and Ether – restrictive regulatory moves in countries like Korea, Japan and Hong Kong have forced a number of cryptocurrency exchanges to move to nations where regulations are less stringent. Korea is one example of a massive plunge in daily Bitcoin transactions. Prices of the assets are holding up pretty well considering changes implemented

Market Brief May 4th: Nonfarm Payrolls finally here


Bitcoin Good news comes in from the Investment Bank Goldman Sachs on May 2nd as reported by the New York Times. The financial institution is interested in launching a Bitcoin trading operation. The idea is to trade the virtual currency for speculative purposes and not hold actual Bitcoins. The bank adds onto the increasing interest

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