Financial Market News

The latest breaking news on financial markets, Forex industry news from the most reputable news sources around the world.

Bitcoin rate grew by another 4% in the global trend

Bitcoin rate grew by another 4% in the global trend

Bitcoin continues to rise On Monday, Bitcoin continued to grow against the US Dollar, rising above $11,800 following a wider risk appetite among crypto traders, although without a precise driving force for its upward move. Bitcoin cost rocketed by 4.2% to $11,900 on Monday afternoon and is ...

Crude oil fell under sell-off

Investors in the global financial markets took a very negative view of the US Fed meeting, outcome, which hiked the rate during the last two-day meeting, but changed its plans for 2019 towards easing. At the same time, the regulator reported that the situation in the American economy is stable; ...

Stock Markets Awaiting Santa Claus Rally

The last days have been favorable for US stocks – indices have been rising for six days in a row, and the SP&500 index is now almost 7% higher than the last week’s lows. This is indeed a very strong movement towards a positive aspect. Stock prices rose on Wednesday after Fed ...

The US dollar will lose out if the stock markets stabilize and grow

The weekly charts already indicate a growing downward bias against the US dollar. There are signs that investors are starting to cut long positions in dollars. Previously falling assets are growing at the beginning of this week. Stocks, crude oil and Euro have risen. At the beginning of the ...

Cryptocurrency market continues to decline

The price of Bitcoin has been moving within the range above $6,000 during the last two weeks. However, on Wednesday, November 14, the rate fell to the year low at 5,523 dollars. The cryptocurrency has lost about 13% of its value in less than five hours. The total market capitalization also fell ...

Saudi Arabia admitted the need for a decrease in oil output in 2019

Saudi Arabia can reduce oil output in 2019, Energy Minister Khalid Al-Falih said. According to him, Riyadh can reduce daily production in December by 500,000 barrels as compared to November in response to other manufacturers’ requests about it. Khalid Al-Fatih made this statement despite ...

Falling oil prices: reasons for the collapse

In November, WTI and Brent crude oil is trading under constant selling pressure. Oil fall in price due to a number of factors, including a strong US dollar, volatility and weakness of the stock market, the escalating trade conflict between the US and China and the global supply growth. All ...

U.S. Reporting Season Discouraged Investors with a Possible Crisis

In the current corporate reporting season the US stocks dynamics demonstrate increasingly pessimistic estimates for the American economy prospects. Part of the concerns is the ability of the economy to continue the current growth cycle, which is the second longest in US history. The outcomes of ...

Oil price falls after US sanctions against Iran started

For the last month oil benchmark Brent and WTI have lost more than 15% in total. World oil prices fell on Monday, November 5th, after the White House imposed the sanctions on Iran’s fuel exports. Due to the London Stock Exchange ICE, the January Brent futures dropped by 0.26% to $72.64. ...