IBM's Chief of Blockchain and Cryptocurrencies Sets Mammoth Targets for Bitcoin Price
Feb 22, 2019 07:50 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
Companies like IBM have time and again laid emphasis on the facts of cryptocurrency prospects and have promoted the integration of Blockchain based system with the conventional business environments, such as banking, trade...
FxWirePro: Asian markets slightly down, gold flat at $1,325 mark
Feb 22, 2019 04:19 am UTC| Commentary
All the major Asian indices were trading on a lower note on Friday. Gold was trading around $1,325 mark while silver was trading around $15.81 mark. Tokyos Nikkei was trading 0.30 pct lower at 21,401.55...
Canadian retail sales likely to have contracted in December on weaker sales at gasoline stations
Feb 21, 2019 20:08 pm UTC| Commentary
Canadian December retail sales data is set to release tomorrow. According to a TD Economics research report, the retail sales are likely to have contracted 0.4 percent in the month, owing to softer sales at gasoline...
Reserve Bank of Australia may cut cash rate in 2019 to support economic activity
Feb 21, 2019 20:07 pm UTC| Commentary
The Reserve Bank of Australia has been expected for a long time to stand pat in 2019 and 2020; however, the profusion of downside risks in the global and domestic economy signifies a shift in this view, noted St George...
U.S. initial jobless claims fall below expectations in mid-February
Feb 21, 2019 18:06 pm UTC| Commentary
U.S. initial jobless claims drop last week, coming in below expectations. In the week ended 16 February, the initial jobless claims dropped 23k to 216k. The weekly initial claims data have been quite volatile in recent...
Norwegian oil investment likely to grow strongly in 2019, shows survey
Feb 21, 2019 16:34 pm UTC| Commentary
The first quarter Norwegian oil investment indicates towards strong growth in oil investment in 2019 and a bit on the solid side to Norges Bank. The first quarter oil investment surveys 2019 figure was downwardly revised...
Feb 21, 2019 14:30 pm UTC| Commentary
Euro areas purchasing managers index for the service sector rose surprisingly in February. The unexpected rise gives hope that the underlying pace of growth did not decelerate further in the first quarter of 2019....