Oil swimming against the tide The rebound in risk appetite today is lifting oil prices a little but it’s already faces stiff resistance. A rally in oil may feel like swimming against the tide in the near-term, with rising Covid cases and restrictions likely to weigh on economic activity and therefore demand. Barring another intervention […]
USD/CAD has resumed its upward swing on Wednesday. In the North American session, the pair is trading at 1.3363, up 0.45% on the day. There are no Canadian releases for the rest of the week, so US events will have a magnified impact on the movement of USD/CAD. US Manufacturing PMI beats estimate Earlier on […]
Interactive Brokers is increasing margin requirements by as much as 35% heading into the November presidential election. Read More: Interactive Brokers braces for election volatility by telling clients to put up more cash
The online personal styling service rebounded from supply chain challenges earlier during the coronavirus pandemic. Read More: Stitch Fix shares plummet after personal styling service swings to a loss
Parents were seen stocking up on sneakers for their kids this back-to-school season, and Nike’s business finally started to pick back up overseas amid the coronavirus pandemic. Read More: Nike shares soar 13% as online sales jump 82%, retailer sees rebound in China
Sunak makin’ it rain Cable is a bit higher on these headlines from Sunak, which suggest something to replace the furlough scheme. Read More: Sunak: There will be an update on protecting jobs through the winter
Bloomberg citing an unnamed gov’t official Onto Plan B. Read More: Planned UK fall budget is cancelled – report
Read More: A little help from our friends: banks team up as FX trading gets tougher
Read More: Pound Falls to Two-Month Low on Risk of a Second U.K. Lockdown
Read more on https://www.fxstreet.com Read More: US Initial Jobless Claims Preview: The recovery’s slow lane
Read more on https://www.fxstreet.com Read More: EUR/USD hits fresh eight week lows near 1.1660 on US dollar strength
Gold prices flew up to a fresh all-time-high in early-August but, since then, matters have changed. This morning saw a fresh monthly low print in Gold. Read More: Gold Price Forecast: XAU Sinks to Support, Gold Fresh Monthly Lows
The US Dollar is pushing higher against major FX peers on the back of discouraging global PMI data, and USD price action could sustain its rebound off two-year lows amid resurgent volatility. Read More: US Dollar Extends Rally as Global PMI Data Fans Volatility
There’s Good Reason To Be Bullish On Oil: Tony Greer. https://seekingalpha.com/article/4375824-good-reason-to-be-bullish-on-oil-tony-greer?source=feed_f&utm_campaign=twitter_automated&utm_content=article&utm_medium=social&utm_source=twitter_automated Read More: There's Good Reason To Be Bullish On Oil: Tony Greer.
$ACB – Aurora Cannabis Inc. (ACB) CEO Miguel Martin on Q4 2020 Results – Earnings Call Transcript. https://seekingalpha.com/article/4375825-aurora-cannabis-inc-acb-ceo-miguel-martin-on-q4-2020-results-earnings-call-transcript?source=feed_f&utm_campaign=twitter_automated&utm_content=article&utm_medium=social&utm_source=twitter_automated Read More: $ACB – Aurora Cannabis Inc. (ACB) CEO Miguel Martin on Q4 2020 Results – Earnings Call Transcript.
#Zimbabwe Coronavirus Deaths at 226 Persons https://tradingeconomics.com/zimbabwe/coronavirus-deaths Read More: #Zimbabwe Coronavirus Deaths at 226 Persons
It’s been a bloodbath in the DeFi market over recent days. The best case in point of this trend is Yearn.finance (YFI) — largely regarded as the “index” for Ethereum’s decentralized finance space. The coin is down 35 percent in the past week alone and nearly 50 percent from the highs established just weeks ago. […]
Last week, the decentralized exchange Uniswap shocked the crypto world when it released its own token, UNI. The launch was predicated on fully decentralizing the protocol and putting the control of its direction in the hands of users, as all historical traders on the Ethereum-based application were gifted UNI. Every historical trader got a baseline […]
Those with less financial knowledge may be twice as likely to invest in crypto. Read More: Are we dumb? Financial illiterates ‘twice as likely to own crypto’
Larger payment channels on Bitcoin’s Lightning network could be exploited according to an independent developer Read More: Developer reveals 'biggest unsolvable Lightning attack vector'
Despite Yam’s first post-relaunch rebase executing successfully, its developers are planning many more changes to the protocol. Read More: Yam plans protocol overhaul despite first successful V3 rebase
Both the bitcoin (BTC) and ethereum (ETH) markets could be in for some extra volatility as options contracts worth more than BTC 88,000 (USD 923m) and ETH 460,000 (USD 157.6m) are set to expire this Friday, analysts warned once again, while the previous large expiration failed to move the market. According to crypto derivatives exchange […]
Philip Liu is the Co-Founder and Chief Legal Officer of Arca, a blockchain- and crypto-focused investment advisor in Los Angeles. Uniswap overview Uniswap is the largest decentralized exchange (DEX) by trading volume and is the first DEX to really compete on a daily volume basis against some of the larger digital asset exchanges. This is […]
Chongqing, a municipality at the confluence of the Yangtze and Jialing rivers in southwestern China. Why is a relatively small Chinese loans-providing startup ranked #66 in the world for blockchain patent issuance, above the likes of PayPal? Earlier this year, reported Chonqing Daily, data provider IPRDaily produced a list of firms ranked in order of […]
Can We Please Just Cancel Alyssa Milano Already? CCN.com – News & Blazing Op-Eds “Defund the Police” activist Alyssa Milano hits us with her latest double standard by calling in a huge police response to an air gun. Can We Please Just Cancel Alyssa Milano Already? CCN.com – News & Blazing Op-Eds Read More: Can […]
Goldman Sachs’ Boeing Recommendation Is a Portfolio Disaster CCN.com – News & Blazing Op-Eds Boeing was in trouble before the pandemic hit, and those problems haven’t been solved yet. Naturally, Goldman Sachs is hawking shares now. Goldman Sachs’ Boeing Recommendation Is a Portfolio Disaster CCN.com – News & Blazing Op-Eds Read More: Goldman Sachs’ Boeing […]
Kate Middleton Just Needed to Pout to Get Her Way CCN.com – News & Blazing Op-Eds Kate Middleton pouted and flounced about until her “Tatler” cover story was edited. Is this what journalism has become in 2020? Kate Middleton Just Needed to Pout to Get Her Way CCN.com – News & Blazing Op-Eds Read More: […]
The new board members represent decentralized finance and institutional crypto alike. Read More: 0x, Kraken and Stellar Awarded Board Seats at Top Crypto Lobbying Association
Bitcoin price holds steady while ether in smart contracts reach a level not seen in four years. Read More: Market Wrap: Bitcoin Clings to .4K; Ether in Smart Contracts Highest Since 2016
Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides. Read More: Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account