U.S. stocks climbed on opening Friday, with equity benchmarks set to end the week mostly higher, despite anxieties around a fast-moving Asia flu outbreak that has seen death tolls rise in China. Investor optimism following quarterly results buoyed shares of companies like Intel Corp. and American Express. How are benchmarks performing? The Dow Jones Industrial […]
Stocks rose on Friday to end a choppy week of trading after the release of better-than-expected earnings from American Express and Intel. Read More: Dow gives up 100-point gain, turns negative after second US coronavirus case is confirmed
The benchmark 10-year Treasury yield hit its lowest level since October on Friday amid increasing fears of the deadly coronavirus. Read More: 10-year Treasury yield falls below 1.7% amid coronavirus fears
Intel grew revenue 8% in the fourth quarter even as it faced greater competition from AMD. Read More: Intel's stock jumps 7% on better-than-expected earnings and revenue
American Express said its stronger-than-forecast profit was driven in large part by a “well-balanced mix” in fee, spending and lending revenues. Read More: American Express earnings beat expectations on strong card fee revenues, shares rise
Mnuchin spoke to Reuters in Davos The US announced it would issue 20-year bonds this year as it copes with a deficit at 5% of GDP. ForexLive Read More: Mnuchin says he expects China to issue more tariff waivers
Back to pre-Iran attack levels Gold is catching a safe-haven bid in a quick rally to $1574 from $1559 at the start of US trading. The market is divided at the moment. There is a big cohort of people who continue to buy dips in stocks while a second cohort is bidding up safe assets […]
Read More: As Lebanese struggle to make ends meet, living costs set to soar higher
Read More: Stocks – Wall Street Drifts, While Intel Surges on Strong Earnings
Read more on https://www.fxstreet.com Read More: US: Markit Manufacturing PMI drops to 51.7 in January vs. 52.5 expected
Read more on https://www.fxstreet.com Read More: Risk of AUD/USD dropping toward 0.65 on a 12-month view – Rabobank
UK PMI surge should see the Bank of England refrain from cutting interest rates next week. Euro eyes Italy risk, while crude oil plunges. Read More: GBP/USD Forecast: Levels to Watch, Crude Oil Prices Plunge – US Market Open
The US Dollar has pushed up to a fresh six-week-high, testing a big zone of resistance. Can USD bulls continue to push? Read More: US Dollar Tests Fibonacci Resistance at Fresh Six-Week-Highs
$SIVB – SVB Financial Group (SIVB) CEO Greg Becker on Q4 2019 – Earnings Call Transcript. https://seekingalpha.com/article/4318796-svb-financial-group-sivb-ceo-greg-becker-on-q4-2019-earnings-call-transcript?source=feed_f&utm_campaign=twitter_automated&utm_content=article&utm_medium=social&utm_source=twitter_automated Read More: $SIVB – SVB Financial Group (SIVB) CEO Greg Becker on Q4 2019 – Earnings Call Transcript.
$SWKS – Skyworks Solutions, Inc. (SWKS) CEO Liam Griffin on Q1 2020 Results – Earnings Call Transcript. https://seekingalpha.com/article/4318797-skyworks-solutions-inc-swks-ceo-liam-griffin-on-q1-2020-results-earnings-call-transcript?source=feed_f&utm_campaign=twitter_automated&utm_content=article&utm_medium=social&utm_source=twitter_automated Read More: $SWKS – Skyworks Solutions, Inc. (SWKS) CEO Liam Griffin on Q1 2020 Results – Earnings Call Transcri…
UTXO analysis reveals 4M BTC hasn’t moved since 2015 (via @priyeshugarg) Insights via @intotheblock https://cryptoslate.com/utxo-analysis-reveals-4m-btc-hasnt-moved-since-2015/ Read More: UTXO analysis reveals 4M BTC hasn't moved since 2015 (via @priyeshugarg) Insights via @intotheblock
.@MyEtherWallet adds “.crypto” email-style naming feature for personalized ETH addresses (via @EmsleyJonnie) https://cryptoslate.com/myetherwallet-adds-crypto-email-style-naming-feature-for-personalized-eth-addresses/ Read More: .@MyEtherWallet adds “.crypto” email-style naming feature for personalized ETH addresses (via @Ems…
The latest IntoTheBlock research found that unspent transaction outputs (UTXOs) are a fantastic indicator of a coin’s buying/selling pressure. Diving deeper into Bitcoin‘s UTXOs revealed that almost 4 million coins have been held for over 5 years, showing that even the most violent price swings didn’t force most investors to run. A new metrics offers […]
MyEtherWallet (MEW) users are now able to send and receive ETH and ERC-20 tokens using their own personalized “human-readable” address instead of the standard 42-character public key. Unique addresses can be created on MEW in the form of “[name].crypto,” powered by Unstoppable Domains, a blockchain registry startup funded by Draper Associates and the Ethereum Foundation. […]
Elon Musk has long been a major figure within the technology world who has expressed mixed feeling on Bitcoin and cryptocurrencies, previously calling them “brilliant” while recently explaining that he is “neither here nor there” on BTC. The SpaceX and Tesla CEO recently spoke about Bitcoin during his appearance on an episode of the “Third […]
At the World Economic Forum in Davos at a digital currency-centric panel, Calibra’s David Marcus focused on the issues of the unbanked as the primary use case. Read More: Facebook and Calibra’s David Marcus: The Problem of Global Unbanked Is “Unacceptable”
Swiss cryptocurrency financial firm Amun AG launched a derivative giving investors inverse exposure to Bitcoin, called 21Shares Short Bitcoin. Read More: Amun Launched Short Bitcoin ETP on Leading Swiss Exchange SIX
Major global economists credit Facebook’s Libra with pushing the world to reconsider the U.S. dollar as the world’s anchor currency at WEF panel in Davos. Read More: Facebook’s Libra Pushed World to Reconsider USD as Global Reserve Currency: WEF
Source: iStock/Asia-Pacific Images Studio Around 7 undisclosed central banks, representing 20% of the world’s population, are likely to launch central bank digital currencies (CBDCs) in 3 years, a new survey by the Bank for International Settlements (BIS), showed. While these banks remain unidentified, the BIS claims that having stronger motivations, emerging market economies (EMEs) central […]
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. Blockchain news Dfinity, a blockchain-based cloud computing company, unveiled an open version of LinkedIn, dubbed LinkedUp. The Telegraph reports that the network will run on the highly anticipated, USD Read More: […]
In this video from WEF 2020, former Commodity Futures Trading Commission Chairman J. Christopher Giancarlo, also known as “Crypto Dad,” discusses his push to digitize the U.S. dollar and the future of global currencies. Read More: Ex-CFTC Chair Christopher Giancarlo on Why He Launched Digital Dollar Project
Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets. Read More: Hawaiian Bill Would Let Banks Act as Crypto Custodians
A privacy and scalability upgrade that could turn out to be one of bitcoin’s largest to date has passed a couple of milestones that were little noticed outside technical circles. Read More: Bitcoin’s Privacy and Scaling Tech Upgrade ‘Taproot’ Just Took a Big Step Forward
BlockFi, recently announced it would make changes to the interest they pay for bitcoin and ether deposits. Read More: BlockFi Adjusts Interest Rates to Lure Larger Crypto Deposits
Stocks in news: Biocon, HDFC Life and PNB Housing Read More: Stocks in news: Biocon, HDFC Life and PNB Housing