Day: January 8, 2019

Jan 08
Gold Prices Slide as U.S. Dollar Rebounds

Gold prices slid on Tuesday in Asia, as the U.S dollar rebounded after falling for a fourth straight session. Gold futures for February delivery fell 0.5% to 1.283.502 by 12:50 AM ET (05:50 GMT) on the Comex exchange. Fed Chairman Jerome Powell on Friday said the central bank would be more sensitive to downside risks […]

Jan 08
Asia Stocks were mixed in afternoon trade; US-China trade talks continue

Stocks in Asia traded mixed on Tuesday afternoon as investors waited for developments from the second day of U.S.-China trade talks. Stocks Japan’s Nikkei 225 rose more than 1 percent. Topix index gained 0.65 percent. In South Korea, the Kospi was around 0.10 percent lower. Shanghai composite declined by 0.2 percent. In Hong Kong, the Hang Seng index rose 0.27 percent. The ASX […]

Jan 08
Coinbase pulled Ethereum Classic after attack

As it is known, cryptocurrency is supposed to guaranteed, that no one can spend the same coin twice. Every transaction ever made with Bitcoin, is recorded in a database that anyone can access. The database is called blockchain and its supposed to keep everyone honest. However, Coinbase has publicly announced through a blog post that […]

Jan 08
Oil prices rise as US-Chinese talks continue

Oil prices rose on Tuesday on hopes that US-Chinese talks would bring a halt to trade disputes between the world’s biggest economies, while OPEC-led supply cuts tightened markets. International Brent crude futures were at $57.77 per barrel at 0113 GMT, up 44 cents, or 0.8 percent from their last close. US West Texas Intermediate (WTI) […]

Jan 08
UK Companies Moving Money Because of Brexit

Banks, insurers and money managers are planning to move $1 trillion of assets from the UK to the rest of Europe as Brexit uncertainty take its toll, according to a survey by EY. EY said that its estimate might be low, as many firms haven’t declared the value of assets being transferred, yet. According to another […]