Latest Market News
Oil prices slipped on Wednesday as bullish output forecasts by two big U.S. producers and a build in weekly U.S. crude stockpiles outweighed ongoing OPEC-led production cuts. International Brent crude futures were at $65.36 per barrel at 0440 GMT, down 50 cents, or 0.8 percent, from their last settlement. U.S. West Texas Intermediate (WTI) crude oil futures were also […]
Asian shares stepped back on Tuesday, weighed by U.S. growth concerns and as China cut its economic expansion target amid growing challenges from rising debt and a dispute over trade and technology with the United States. Global shares MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.5 percent. Hong Kong’s Hang Seng was down 0.6 percent. […]
Coinhive, mining service is shutting down as the project has become economically inviable. The project will stop its service on March 8, 2019, while users can have access on their dashboards until April 30, 2019. Among the reasons behind the closure, the developers note the over 50 percent drop in hash rate following the last […]
Dukascopy Bank’s initial plans were to become the first regulated bank to launch its own ICO starting from March, 1 2019. However, the Japanese Mizuho Bank has equally announced their token to be unveiled on the same day, so Dukascopy moved the date a day earlier. “We got to know that Japanese Mizuho Bank has equally announced their token […]
Global shares rose on Monday amid growing optimism the United States and China will reach a trade agreement as soon as this month. Global shares MSCI’s broadest index of Asia-Pacific shares added over 8 percent. In February, the index rose 1.3 percent. The pan-European STOXX 600 index was up 0.4 percent. E-mini futures for the S&P 500 index of […]
Crude prices were higher on Monday after news that the U.S. and China could be close to a trade deal and signs that American oil rigs are slowing production. West Texas Intermediate crude futures rose 47 cents, or 0.84%, at $56.27 a barrel. Brent crude futures, the benchmark for oil prices outside the U.S., traded up 55 cents, […]