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Monthly archive March, 2018

Crypto Weekly – Mar 23

Cryptocurrency prices rebounded at the start of the week as sentiment improved after the G20 signaled that is it not planning to regulate cryptocurrencies for now as they do not pose considerable risk to financial stability. Bitcoin climbed back above Read More →

U.S. New Home Sales Show Modest Decrease In February

A report released by the Commerce Department on Friday showed a modest decrease in new home sales in the month of February. The report said new home sales fell by 0.6 percent to an annual rate of 618,000 in February Read More →

U.S. Durable Goods Orders Jump 3.1% In February, More Than Expected

New orders for U.S. manufactured durable goods surged up by much more than anticipated in the month of February, according to a report released by the Commerce Department on Friday. The report said durable goods orders jumped by 3.1 percent Read More →

Fear of trade wars sees support for JPY and Gold; equities sell-off

By the looks of it sentiment is definitely subdued, US equities closed in the red and Asia followed suit this morning with all major equity indices heading south. On the currency markets the Swissie and the JPY, both traditional safe Read More →

U.S. Leading Economic Index Climbs More Than Expected In February

Despite a sharp downturn in stock markets and weakness in housing construction, the Conference Board released a report on Thursday showing a bigger than expected increase by its index of leading U.S. economic indicators.Original Article Read More →

Fed raises rates as expected; All eyes on BoE today

Sentiment in Asia was mixed this morning but most of the major equity indices followed the US counterparts lower, with Shangai, HSI and the ASX200 in negative territory. On the other hand the Nikkei and the South Korean KOSPI managed Read More →