The two oil empires continue cuts.Saudi energy minister discussed oil markets with Russian counterpart.Saudi and Russian energy ministers discussed oil markets and stressed that Saudi Arabia would continue to comply with production cuts. Bitcoin needs to thank Facebook’s Libra.Facebook’s Libra …
Oil gets slashed with U.S. interest rates.Oil falls together with U.S. crude stocks, which fall again.Oil prices fell after four days of gains following a larger-than-expected drop in U.S. inventories. Bitcoin gets excited too.Bitcoin jumped 5% amid the historical rate …
University of California vs AmazonMajor retailers targeted by University of California in lawsuits.Five major retailers, including Amazon, were targeted in lawsuits filed by the University of California regarding patent infringement. Oil gets excited about the Fed.Oil rises on expectations of …
Sterling plunges to two year lows.Brexit worries, following Johnson’s harsh predictions, hit the GBP.The Sterling touched a new two year low after the UK government predicted there would be a hard divorce from the EU. FAANG continue to dominate Wall …
Hawks or doves in the FOMC’s hat.Gold prices may suffer if FOMC undermines dovish expectations.Gold prices may look increasingly overpriced if the FOMC rate decision and commentary fall short of the dovish expectations. Trump vs Crypto.U.S. moves closer to adopting …
Snap nibbles at FacebookSnap user growth on a roll as new app clicks.Snapchat added more users for a second straight quarter and beat analysts’ estimates for revenue, nibbling further at Facebook’s story monopoly. Another Iranian drone bites the dust.Oil rises …
The Sterling quiversFed, ECB and Brexit noise to set the course for EUR/GBP.Political uncertainty prevails, and the threat of a hard Brexit is keeping the Pound under pressure, near two year lows. FAANG earnings loomKey central bank meetings and major …
