Oct 2017

20.10.2017

After the significant fall On Thursday, today oil prices are going up. Experts relate yesterday’s downtrend to investors’ pursue to fix the profits after four-day race during which oil price rose on average by 3%.

20.10.2017

The president of Brazilian Central Bank Ilan Goldfajn is not willing to consider bitcoin, which is more and more popular, as real financial asset. According to him, this is “an asset without ballast”, which is bought only because of its future growth. “It is a typical bubble or a Ponzi...

20.10.2017

Swiss cryptocurrency company Moving Media GmbH has acquired the legal status of a direct financial mediator. By means of brand Payment21, it can now operate legally using cryptocurrency under the supervision of Swiss Financial Market Supervisory Authority.

20.10.2017

The Australian Government is going to eliminate the double taxation problem and classify cryptocurrency as the foreign currency when calculating the goods and services tax, GST, the local equivalent to the value-added tax.

19.10.2017

On October, 19, the British pound rate decreased to the majority of the world currencies after the release of even weaker retail sales indices in the country than it had been expected.

19.10.2017

The Chairman of China Banking Regulatory Comission Guo Shuqing, within the Congress of the Chinese Communist Party in the capital, stated that the percentage of foreign banks in the country market reduces and this weakens the competition.

19.10.2017

Oil quotes are going down after three-week highs renewals, market participants are fixing the profits. Prices for Brent December contracts have decreased by 1.29% and are now trading at $57.40 a barrel. WTI November contracts have become by 1.25% cheaper, their price is now $51.39 a barrel.

19.10.2017

The U.S. Department of labour has released the unemployment data. According to the report, the Initial claims for state unemployment benefits dropped to its lowest level since 1973 last week up to 222 thousand.

18.10.2017

As a result of trading on October, 17, American stock indexes, Dow Jones Industrial Average and Standard & Poor's 500 indexes have risen significantly and renewed their historical highs after the release of strong statistics on the U.S. large banks’ and pharmaceutical companies’ funds. However, Nasdaq Composite lost 0.5 point.

18.10.2017

Oil quotes are increasing while the market participants are waiting for the report of the U.S. Department of Energy on the fuel extraction level and are assessing the situation in the Middle East.

18.10.2017

American dollar today shows a weak trend to major world currencies, Japan yen rate is going down. Market participants are waiting for the President of European central bank Mario Draghi’s speech at the conference “Eurozone structural reforms” in Frankfurt am Main.

17.10.2017

This week the American president Donald Trump is going to meet the USA Federal reserve chairwoman, Janet Yellen to discuss the extension of her term of office. The current term will end at the beginning of next February.

17.10.2017

Today the stock index has increased higher than the level of 23000 of points for the first time in its century-old history. This, however, makes the market participants not only optimistic but also wary.
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