With less than 80 days to go before the UK will leave the European Union, UK Prime Minister May is no closer to get her Brexit deal approved in Parliament. She lost a vote in the House of Commons yesterday in regards to the timetable following an expected defeat on her Brexit deal on January 15th 2019. After the defeat, James Slack, May’s spokesperson stated that “Our intention has always been to respond quickly and provide certainty on the way forward in the event we lose. That is what we will do.” May’s team understands that she is losing...
Some of the biggest appeals for cryptocurrency enthusiasts is the decentralized nature of the ecosystem, privacy and anonymity of the sector. Regulators have little space in this equation, but ultimately even hardliners in cryptocurrency need to find a way to accept some sort of regulation. The reason being is that if cryptocurrencies should be accepted as an alternative to other payment options, it will not happen without regulation. In general, regulators have so far reacted less favorable to cryptocurrencies and denied applications to make...
Trading on the Forex market via mobile devices has become a real breakthrough. Recently, a trader can monitor the state of the market and conduct trading operations anywhere in the world, and at any time when it is convenient for him. Often, market participants have to leave or go away for a long time and it is simply impossible to work at a computer. However, experienced Forex traders know that even within just one minute on the currency market, you can get a big profit, or significant losses. Trading through a laptop can be one of the...
The price of gold is falling at the first half of Wednesday against the backdrop of ongoing negotiations between Washington and Beijing on trade issues that increase investors’ risk appetite. Also, investors tend to play the "dovish" statements of the US Federal Reserve. As of early morning, the price of the February gold futures on the New York Stock Exchange Comex fell by 2.1 dollars, or 0.16% - up to 1,283.8 dollars per troy ounce. The cost of the March silver futures decreased by 0.2% - to 15.682 dollars per ounce. Also, precious metals...
Economic data out of the Eurozone released this morning showed economic confidence posted its 12th consecutive contraction in the month of December. This represented a decrease in every single month for 2018 and the worst such streak since the global financial crisis in 2008. The Eurozone Economic Sentiment Index, which includes confidence data from households as well as companies, dropped to a two-year low. The trade war between the US and China, end of ECB stimulus, political issues out of Italy as well as the periphery and Brexit...
