Browsing category Market News

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

Market Brief May 2nd: Big day for the dollar


European Union EUR, 08:55 a.m. GMT+1, German Manufacturing PMI (Apr) – an important market catalyst that will impact the euro and its price. Manufacturing in the strongest economy of the European Union is followed by major banks and financial institutions as well as retail traders. Projections are for the the rate of growth to remain

Market Brief April 27th: U.S. GDP due


The European Union EUR, 08:55 a.m. GMT, German unemployment change (Apr) – The event measures the change in the number of unemployed individuals during the month of April. If the reading shows that more people were out of job in April compared to predictions, this should be seen as having a negative impact on the

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