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Digital Currency

Sat, Jun 23, 2018 09:43 PM All times are UTC Edition :

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Digital Currency Revolution

St Louis Fed tracks prices of four cryptocurrencies

Jun 22, 2018 12:57 pm UTC| Digital Currency

The Federal Reserve Bank of St. Louis this week announced that it is tracking the prices of four cryptocurrencies Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC). The Federal Reserve Economic Data...

Blockchain Revolution Series

Digital Currency Revolution

Global crypto influencers get together in Seoul for Blockchain Open Forum

Jun 22, 2018 12:26 pm UTC| Digital Currency

EconoTimes and TokenPost are going to host what could be the largest blockchain conference in South Korea till date. The 2018 Blockchain Open Forum will be held on June 28-29 in Seoul. With an impressive roster of...

Blockchain Revolution Series

World Economic Forum reckons blockchain startups as technology pioneers

Jun 22, 2018 12:26 pm UTC| Digital Currency

The World Economic Forum (WEF) has included a number of startups working with blockchain technologies in its Technology Pioneers cohort of 2018. This years cohort lists 61 early-stage companies that are pioneering new...

Digital Currency Revolution

FxWirePro: ETH/USD breaks below 500, bias bearish, stay short

Jun 22, 2018 11:24 am UTC| Digital Currency

ETH/USD has broken below 500 levels as it failed to breach 20-DMA resistance. It is currently trading at 542 levels at the time of writing (Coinbase). On the topside, immediate resistance is seen at 510 (4h 50-SMA) and...

FxWirePro: BTC/EUR capped below 21-EMA, good to stay short on upticks

Jun 22, 2018 11:22 am UTC| Technicals Digital Currency

BTC/EUR resumes downside after range trade for a couple of sessions. The pair is down 5.47% on the day at the time of writing with scope for further downside. Momentum studies have turned bearish and we see -ve...

Digital Currency Revolution

FxWirePro: BTC/USD rejects trend line resistance at 6747, dip till 6000 likely

Jun 22, 2018 10:57 am UTC| Digital Currency

BTC/USD is trading deep in the red at 6345 levels as it failed to break above trend line joining 9948.98 and 7750 (Bitstamp). On the topside, the pair faces strong resistance at 6747 (trend line joining 9948.98 and...

Digital Currency Revolution

Goldman Sachs constructive on Crypto-Sphere again, now top-notch officials strike the chord

Jun 22, 2018 10:09 am UTC| Research & Analysis Commentary Insights & Views Fintech Digital Currency

We kept reiterating that Goldman Sachs has been bullish on bitcoin aggressively exploring Blockchain technology for financial transactions and trade infrastructure and foresees Bitcoin Broadly Heavy. It was stated in...

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Economy

U.S. Treasuries slump after White House officials seen divided over imposition of harder tariffs on China

The U.S. 10-year Treasuries slumped during European trading hours Friday after mild signs of cooling trade war between the United States and China were observed, as White House officials remain divided over a harder action...

German bunds slump despite lower-than-expected June manufacturing PMI; Eurozone PMIs cheer investors

The German bunds slumped during European session Friday even as the countrys manufacturing PMI for the month of June came in lower than market expectations. However, eurozones PMIs cheered investors, thus lending...

New Zealand’s net migrant inflows continue to trend downwards in May; impetus to GDP growth likely to shrink

New Zealands monthly net migrant inflows continued to trend downwards, but ticked up on last month as arrivals bounced while departures continued to lift. Short-term visitor arrivals lifted and continue to hold at elevated...

USD/TWD likely to head for 30.5 as global markets start to react seriously on threat of trade war, says Scotiabank

The USD/TWD currency pair is expected to head for 30.5 level as global markets have started to take threat of trade war seriously, according to the latest research report from Scotiabank. USD/TWD NDF points are now trading...

JGBs trade tight after May consumer price inflation meets estimates, June manufacturing PMI rises

The Japanese 10-year government bonds traded in a tight range on Friday after the countrys national consumer price inflation (CPI) for the month of May met market expectations, although remaining far from the Bank of...

Politics

Venezuelans are boycotting their presidential election

Venezuelas May 20 presidential election may be an election in name only. Nicolás Maduro is widely expected to be reelected as Venezuelas president despite his 20 percent approval rating and profound mismanagement...

Ramaphosa's new dawn: much better, but not nearly enough

Cyril Ramaphosas rise to power has been greeted enthusiastically by most South Africans. Their hope is that the new president represents a leadership cohort within the governing African National Congress (ANC) thats...

Profile: Avigdor Lieberman, Israel's hardline defence minister

One of the most divisive figures in Israeli politics, Avigdor Lieberman, has been his countrys defence minister since May 2016. Despite his publicly acrimonious relationship with the prime minister, Benjamin Netanyahu,...

The first terrorist act in Indonesian prison: the triggers and how to prevent them

Indonesia witnessed another terrorist act last week. But, this time, it occurred in a maximum-security detention centre located at the polices Mobile Brigade headquarters in Depok, West Java. More than 150 terrorist...

South Africa's print media is failing to empower citizens on corruption

The mainstream media can play an important role in fighting corruption. Investigative journalists in South Africa, for instance, helped to expose how the politically connected Gupta family captured elements of the...

Science

Bacteria Could Be the Key To Breathing on Mars, Study Says

The atmosphere on Mars is so thin that humans wont be able to breathe on the red planet unless they are wearing space suits. With plans to colonize it, wearing the bulky apparel would pose a considerable level of...

Magnets Could Be the Key to Better Wine, Study Finds

Humans have been making wine since pre-historic times, with the discovery of alcoholic beverages made from honey dating thousands of year back. Throughout the millennia, new methods for wine-making have cropped up. This...

Antipsychotic Drugs Increases Risks Of Obesity and Diabetes In Children, Study Says

Update: The article previously mentioned that antipsychotic drugs were used to treat attention deficit hyperactivity disorder (ADHD). The study does not mention this fact and we apologize for the inaccurate statement....

Scientists Just Found A Black Hole That Is Eating Everything In Its Path

Black holes are some of the most terrifying subjects in the realm of science. Not only do they offer a glimpse into the raw power that is present in the universe, they also invoke undefinable terror in those who imagine...

Salt Could Prevent Hearing Loss After An Explosion

In movies, whenever a bomb goes off or an explosion occurs, there is that iconic moment where sounds are muffled and there is a high-pitched ring that pervades the whole scene. While films can go over-the-top with regards...

Technology

Ukrainian Authorities Arrest 4 Programmers Operating Bogus Crypto Exchanges

Ukrainian authorities arrested four men who were tagged in six fraudulent virtual currency exchanges that eventually resulted in the financial losses of their victims. According to Cointelegraph, the men promoted the bogus...

Hydro-Quebec Tells Crypto Companies to Bid for Electricity

Earlier this month, Hydro-Quebec released an announcement stating that it will temporarily stop processing requests from crypto mining companies, with the mandate coming directly from the Quebec provincial government. The...

Swiss Federal Councillor Urges Inclusion of Blockchain in School Curriculums

Crypto miners and companies operating in this new industry have been gravitating towards Switzerland since the countrys stance on the nascent market is quite friendly. One of its regions has even been dubbed Crypto Valley,...

Festival Organizers Turn to Blockchain to Eliminate Scalpers

In the first of its kind, the promoters of a music festival will run the majority of an event via blockchain technology. This particular niche in the music industry has a deep-rooted problem with scalpers, those people who...

Apple Seeks Cancellation of 4 Qualcomm Patents

It is now starting to look like Apple and Qualcomm will never run out of reasons to drag each other to court. Recently Apple filed a complaint that seeks the cancellation of four patents granted to Qualcomm. As first...

Law

California SC Rules Social Media Providers Should Grant Criminal Defendants Access to Requested Data

Apple Bags $539 Million in Damages From Patent Infringement Lawsuit vs. Samsung

Report: Apple Settles With Volkswagen For Electric Self-Driving Cars Project

Life

5 things to know about mass shootings in America

Fixed-odds betting terminal cap must be just the start of gambling regulation

Why graduation rates lag for low-income college students

Nature

Your shampoo, hair spray and skin lotion may be polluting the air

Is it possible to live off-grid?

California's other drought: A major earthquake is overdue

Sports

‘2018 FIFA World Cup Russia’ eye-catchy for Crypto-community

With the Supreme Court's pending sports gambling decision, states are already prepping for legalization

2018 Winter Olympics set to begin against the backdrop of warm words and cold politics

Technical Analysis

FxWirePro: LTC/USD breaks major support at $89, decline till $75 likely

FxWirePro: EUR/USD trades higher on strong Eurozone PMI data, good to buy on dips

FxWirePro: GBP/USD trade Idea

ET PRO
Market Data

Market-moving news and views, 24 hours a day >

FOR THE WEEK, DOW UNOFFICIALLY ENDS DOWN 2 PCT, S&P 500 DOWN 0.9 PCT, NASDAQ DOWN 0.7 PCT

BRAZIL'S BOVESPA CLOSED AT 70,669.63, UP +0.85%

CANADA'S S&P/TSX COMPOSITE CLOSED AT 16,340.89, UP +0.04%

NASDAQ UNOFFICIALLY CLOSES DOWN 23.69 POINTS, OR 0.31 PERCENT, AT 7,689.27

S&P 500 UNOFFICIALLY CLOSES UP 4.28 POINTS, OR 0.16 PERCENT, AT 2,754.04

DOW JONES UNOFFICIALLY CLOSES UP 114.16 POINTS, OR 0.47 PERCENT, AT 24,575.86

CFTC-SPECULATORS TRIM CBOT US 5-YEAR TREASURY FUTURES NET SHORT POSITION BY 28,075 CONTRACTS TO 514,106 IN WEEK ON JUNE 19

CFTC-SPECULATORS INCREASE CBOT US 10-YEAR TREASURY FUTURES NET SHORT POSITION BY 23,469 CONTRACTS TO 359,463 IN WEEK ON JUNE 19

CFTC-SPECULATORS SWITCH CBOT US 2-YEAR TREASURY FUTURES TO NET LONG POSITION OF 4,404 CONTRACTS IN WEEK ON JUNE 19 VS 17,571 NET SHORTS A WEEK AGO

CFTC-SPECULATORS TRIM CBOT US ULTRABOND TREASURY FUTURES NET SHORT POSITION BY 3,350 CONTRACTS TO 189,281 IN WEEK ON JUNE 19

CFTC-SPECULATORS SWITCH CBOT US TREASURY BONDS FUTURES TO NET SHORT POSITION OF 8,735 CONTRACTS IN WEEK ON JUNE 19 VS 4,187 NET LONGS A WEEK AGO

FOREIGN INVESTORS BUY $1.357 BLN 30-YEAR BOND DUE 05/15/2048 VS $1.044 BLN PRIOR MONTH - U.S. TREASURY

INVESTMENT FUNDS BUY $8.490 BLN 30-YEAR BOND DUE 05/15/2048 VS $10.557 BLN PRIOR MONTH - U.S. TREASURY

FOREIGN INVESTORS BUY $5.649 BLN 3-YEAR NOTE DUE 06/15/2021 VS $4.459 BLN PRIOR MONTH - U.S. TREASURY

INVESTMENT FUNDS BUY $12.587 BLN 3-YEAR NOTE DUE 06/15/2021 VS $12.598 BLN PRIOR MONTH - U.S. TREASURY

FOREIGN INVESTORS BUY $4.506 BLN 10-YEAR NOTE DUE 05/15/2028 VS $5.605 BLN PRIOR MONTH - U.S. TREASURY

INVESTMENT FUNDS BUY $10.231 BLN 10-YEAR NOTE DUE 05/15/2028 VS $11.172 BLN PRIOR MONTH - U.S. TREASURY

UNITED STATES MAY 2018 COLD STORAGE- FCOJ STOCK INCREASE TO 0.731

FxWirePro: EUR/USD trades higher on strong Eurozone PMI data, good to buy on dips

FxWirePro: Spotlight on OPEC and Non-OPEC factors - Hedge Brent/WTI crude prices ahead of OPEC meeting

FxWirePro: GBP/USD upside capped by 20- day MA, good to buy on dips

German bunds slump despite lower-than-expected June manufacturing PMI; Eurozone PMIs cheer investors

OPEC agrees to increase oil output effect July, Brent likely to average USD 73/bbl in 2019

FxWirePro: GBP/JPY trades slightly above 200 -H MA, good to buy on dips

FxWirePro: NZD/USD fails to close below major trendline support, upside till 21-EMA likely

FxWirePro: AUD/USD retakes 0.74 handle, scope for upside on bullish divergence

FxWirePro: Gold recovers slightly on weak US dollar, good to sell on rallies

Economics Monitor

June 22 14:30 UTC Released

USECRI Weekly Annualized

Actual

3.1 %

Forecast

2.7 %

June 22 14:30 UTC Released

USECRI Weekly Index

Actual

150.1 %

Forecast

149.3 %

January 31 00:00 UTC 207224207224m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 207224207224m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 22 19:00 UTC 219044219044m

ARTrade Balance

Actual

Forecast

-1541 %

January 31 00:00 UTC 207224207224m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 22 19:00 UTC 219044219044m

ARTrade Balance

Actual

Forecast

-1541 %

January 31 00:00 UTC 207224207224m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 207224207224m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 207224207224m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

EconoTimes

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