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Monthly archive September, 2018

Cryptocurrency Daily Roundup – Sept. 12

Cryptocurrencies continued their declining trend Wednesday with Bitcoin testing support at the crucial $6,000 mark, amid concerns that the market may be headed for a crash. Overall cryptocurrency market capitalization shrunk further to $188.45 billion, while the Bitcoin dominance rate Read More →

Sentiment in Asia turns sour after a positive handover from US; trade concerns continue to overshadow

US gives a positive handover as the major equity indices muster points in green territory Tuesday at close. Despite the ongoing trade concerns between US and China that continue to keep gains in check, gains particulalry in Apple, Exxon Mobil Read More →

Cryptocurrency Daily Roundup – Sept. 11

Bitcoin and its peers extended their downward trend seen since last week on Tuesday mainly due to lack of strongly positive news to direct the market. Overall cryptocurrency market capitalization was $193.36 billion and the Bitcoin dominance rate climbed to Read More →

U.S. Construction Spending Inches Up Less Than Expected In July

A report released by the Commerce Department on Tuesday showed a modest uptick in construction spending in the U.S. in the month of July. The Commerce Department said construction spending inched up by 0.1 percent to an annual rate of Read More →

Dollar strenghtens as trade wars, wage growth boost demand

The dollar climbed higher against its major rivals on Monday driven by strong U.S. August jobs data and amid fears of a potentially major escalation in the China-U.S. trade conflict.

U.S. President Donald Trump warned on Friday that he Read More →

BoE’s Carney Willing To Extend Term To Aid Smooth Brexit Transition

Mark Carney confirmed on Tuesday that he is willing to extend his term as the Bank of England governor to support a "smooth Brexit transition". In recent weeks, speculation has been rife that the former Bank of Canada governor was Read More →