BTC continues to be shoved around by the loudmouths in the US Senate Thank goodness Bitcoin is free from government interference ... err, not. Some price swings in the past couple of hours as the cryptocurrency tax amendments are on again off again as part of the infrastructure bill (yeah, infrastructure includes a crypto tax apparently, go figure).
ICYMI - Japan's PM Suga is expected to seek another stimulus package, circa ¥30 tln Japanese media (Sankei) with the report, Suga to ask for another fiscal stimulus of around USD 270bn equivalent. -- Also as an ICYMI, and as background, Japan will go to a general election in or before 22 October.
Bitcoin Forecast: Infrastructure Amendment Validates Crypto Bitcoin price action is ripping higher with BTC/USD now up nearly 60% off its recent swing low. The digital asset infrastructure bill amendment serves as the latest bullish catalyst for crypto.
Bitcoin price losing some ground after the US Senate crypto amendment fails Here's the headline from earlier: US Senate blocks the first attempt to move a compromise cryptocurrency amendment BTC has given back some of its recent rally:
China state media attacks the US over coronavirus - calls it a super spreader Xinhua with the tweet ... not the only one overnight attacking the uS. No love lost between these two countries, relations are still on a deteriorating path. At least while attacking the US China is distracted from attacking Australia :-D
Forexlive Americas FX news wrap: Add Rosengren and Bostic to Fed officials who can see a quicker taper Forex news for North American trading on August 9, 2021 A trading day after the better than expected jobs report, Feds Bostic and Rosengren tilted more toward the early taper side.
Trade ideas thread - Tuesday 10 August 2021 Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:
US Senate blocks the first attempt to move a compromise cryptocurrency amendment Jostling in the US Senate over the infrastructure bill is continuing. Which encountered objections. So the first attempt to move a compromise cryptocurrency amendment through for the infrastructure bill is blocked.
US stocks close mixed. No records reached today. Dow and S&P snap 2 day win streak The US stocks are closing mixed with no records set today. Last week on Thursday, both the S&P and NASDAQ closed at record levels.
Canadian Pacific Plans New, Higher Bid for Kansas City Southern The move for a new offer for Kansas City Southern would reignite a takeover battle with Canadian National Railway.
Here is what’s on the economic calendar in Asia today - Australia business confidence, July I posted a preview of the Australian data coming up later here ICYMI: 2350 GMT Japan bank lending (July) and current account & trade balance data (April)
USD/MXN Crawls Higher Ahead of U.S. CPI Data ＆amp; Banxico’s Rate Decision USD/MXN could gain momentum and charge higher in the coming days if US inflation data surprises to the upside and reinforces expectations of an early tapering of stimulus.
Fed's Rosengren: Fed should begin slowing stimulus efforts by fall Rosengren calls for tapering to begin in the fall in AP interview IN an interview with the Associated Press, Boston Fed president EricRosengren (voter 2021) is saying the Fed should begin slowing stimulus efforts by the fall.
US 10 year yield trades in the highest level since July 16 High yield moves to 1.320% In the process, the yield moved moved above the July 22 high yield at 1.3150. Looking at the hourly chart the next key target comes in at the 1.3479% level.
Deliveroo: German rival buys stake in delivery platform Delivery Hero's comments about Deliveroo send its shares soaring to new heights since going public.
CDC raises travel advisory for France and Israel to the highest level Singapore has been raised to level II In the US, the daily new cases are on the upswing but still well below the numbers reached in the end of 2020 into 2021. However, there is some fear that cases will start to increase again once the weather starts to cool down in the fall.
Chicago Improv Was Dead. Can New Leaders Revive It? The past year left the city’s two most prominent institutions reeling. Now, outsiders are helping to guide the re-emergence of these celebrated comedy centers.Since the pandemic began, Second City has undergone significant leadership changes.
NASDAQ index traded to a new session highs Index moving closer to its all-time high reached last week Recall from last Thursday, the price traded to a new intraday all-time high of 14896.47. It also closed at a new record of 14895.13.
WTI crude oil futures settle at $66.48 Down -$1.80 or -2.64%% The price of WTI crude oil futures are settling at $66.48 or down -$1.80 or 2.64% Technically, the price settles below the 100 day MA at $67.23.