SHARES of Broadway Industrial Group advanced 17.3 per cent on Friday after the market opened, following the company's proposal to dispose of its hard-disk business. Read More: Hot stock: Broadway shares up 17.3% after proposal to sell hard-disk business
THE following companies saw new developments that may affect trading of their securities on Friday: Read More: Stocks to watch: Keppel, Yangzijiang, CapitaLand, Bukit Sembawang
SINGAPORE stocks opened lower on Friday, tracking Wall Street losses overnight. Read More: Singapore shares fall at Friday's open, tracking US losses; STI down 0.6%
Risk appetite quickly disappeared after President Trump announced he would address China tomorrow at a press conference. It didn’t take much to help traders rush to exits. Aggressive short positions have been growing for the S&P 500 index and it seems intensifying tensions between the US and China will be the catalyst to derail some […]
Hong Kong headlines and US Presidential Twitter tantrums appear to be enough uncertainty for equity markets to book some profits and take some cash off the table ahead of the weekend. We do note though, that some divergence in other markets has appeared. Currency markets continue to rotate out of US Dollar haven positioning quietly, […]
“We have to evaluate how all of these organizations are regulated,” Salesforce CEO Marc Benioff said. Read More: Marc Benioff talks Salesforce-AT&T deal, office health safety and online media regulation
Zebra Technologies CEO Anders Gustafsson joined “Mad Money” host Jim Cramer to explain how the company navigated supply chain challenges. Read More: Zebra Technologies CEO talks supporting coronavirus response
“The market is getting pretty far ahead of itself,” PNC Financial’s Amanda Agati says. Read More: Market's historic rebound may soon hit a breaking point, PNC's Amanda Agati warns
“Cryptocurrencies including bitcoin are not an asset class,” Goldman Sachs declared in a slide deck released ahead of an investor call on Wednesday. Read More: Goldman Sachs unintentionally sparked a war with cryptocurrency evangelists
Earlier post is here re remarks out of China on HK – a bit of flexing following the mainland’s moves on HK this week: The link to the Reuters report is available with a little more, . Read More: Chinese military says needs peaceful, and military, options to resolve Taiwan issue
An update on the third consecutive night of protests and now riots in the USA. These came about in the wake of the death of a man, George Floyd, under police restraint. A video of this incident shows an officer kneeling on the man’s throat, strangling him until he died. Read More: Rioters in Minneapolis […]
Read More: Dollar in narrow range as focus shifts to Trump's China response
Read More: Dollar Up Alongside Rising U.S.-China Tensions
Read more on https://www.fxstreet.com Read More: UK business morale deteriorates to 2008 low in May – Lloyds Bank
Read more on https://www.fxstreet.com Read More: EUR/USD eyes first monthly gain of 2020
ASX 200 and Nikkei 225 indexes face renewed headwinds from US-China tensions, as COVID-19 and Hong Kong troubles increase risks to global stability Read More: ASX 200 & Nikkei 225 Forecast: US-China Tensions Threaten Gains
The Australian Dollar may be at risk to a reversal against the US Dollar after Trump announced a news conference on China later today. Until then, financial markets may remain in limbo. Read More: Australian Dollar May Wilt, Markets Await Trump China News Conference
#Bahrain CPI Housing Utilities at 94.1 points https://tradingeconomics.com/bahrain/cpi-housing-utilities Read More: #Bahrain CPI Housing Utilities at 94.1 points
#Bahrain CPI Transportation at 103.1 points https://tradingeconomics.com/bahrain/cpi-transportation Read More: #Bahrain CPI Transportation at 103.1 points
Slow and steady, but Cardano’s Shelley was built diligently and systematically (via @priyeshugarg) https://cryptoslate.com/slow-and-steady-but-cardanos-shelley-was-built-diligently-and-systematically/ Read More: Slow and steady, but Cardano’s Shelley was built diligently and systematically (via @priyeshugarg)
One of #Bitcoin’s earliest developers suggests crypto trading is all speculation and no tech (via @shauryamalwa) Insight via @gavinandresen https://cryptoslate.com/one-of-bitcoins-earliest-developers-suggests-crypto-trading-is-all-speculation-and-no-tech/ Read More: One of #Bitcoin's earliest developers suggests crypto trading is all speculation and no tech (via @shauryamalwa) Insight via @gavinandresen
Charles Hoskinson discussed the effort that went into building Shelley, the upcoming staking era of the Cardano blockchain. The CEO of IOHK said that the company’s “slow and steady” approach to development turned out to be much better in the long run, as it facilitates the creation of an even playing field for every other […]
The volatility of cryptocurrency markets is well-documented and definitely not for the faint-hearted — 100x leverage, double-digit percentage drops in a single trading session, and small-cap altcoins “mooning” hundreds of dollars under an hour lead many to the crypto market under the guise of an early-adopter. But Gavin Andresen, one of Bitcoin’s earliest developers, suggests […]
Coinbase Outbids Binance to Acquire Crypto Prime Broker Tagomi | Bitcoin Is Not a Viable Investment for Client Portfolios, Goldman Sachs Says | Australian Investment App Launches Portfolio With Bitcoin Allocation Read More: Market Analysis Report (28 May 2020)
Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the… Read More: Grayscale Is Now Buying 1.5 Times the Amount of Bitcoin Being Mined
Tired claims that Bitcoin and cryptocurrencies are not an asset class say more about Goldman Sachs and the banking system itself, proponents argue. Read More: ‘What Are You Smoking?’ Winklevoss Pans Goldman Sachs Bitcoin Bashing
$10,000 is edging ever closer for Bitcoin, which has gained $800 in the past few days and taken little notice of resistance levels. Read More: Bitcoin Price Surges Past .4K as Week of Gains Targets Five Figures
The world’s largest smartphone maker, Samsung, has integrated the Gemini exchange into its Blockchain Wallet on Galaxy smartphones in the US and Canada. (Updated at 13:36 UTC: a quote by Jeanine Hightower-Sellitto has been added). By connecting their Samsung Blockchain Wallet to the Gemini mobile app, users can buy and sell crypto, view their Gemini […]
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchange news US-based crypto exchange Kraken might launch support for the Bitcoin Lightning Network by the end of the year. In response to a question on the timeline for integrating this […]
Bitcoin (BTC) holders may be in for a wild ride in the next few days, as an unusually large number of bitcoin futures & options contracts are set to expire this Friday on the institutionally-focused major derivatives exchange CME. According to data from Skew, a firm that analyzes the crypto derivatives market, 23,000 bitcoin futures […]