Posted on March 19, 2017
Bitcoin has a bad time lately: its price is on a rollercoaster and last week even the U.S. Securities and Exchange Commission (SEC) denied a request to launch the first U.S. exchange traded fund (ETF). Since many believed the authority may grant Bitcoin to be traded officially, prices even hiked for a while, but when the news broke of the denial, they instantly fell 20%.
Posted on March 12, 2017
Legendary investor, Warren Buffet believes that American stock market is “on the cheap side” and he’s constantly pouring money into the market. How much did he invest in the last months? A whopping $20 billion.
Posted on March 05, 2017
With Donald Trump’s inauguration, a new, contradictory era of the US Dollar may have begun. In the past decades, presidents refrained from making clear statements about the US Dollar but the new Administration seems to be different and that can lead to a new situation.
Posted on February 26, 2017
Russia may very well get close to end its two-year recession. In 2016, their GDP only shrunk by 0.2%, which is 0.5% better than it was expected. What’s more, there were several industries that showed growth and this years’ surging oil prices and Donald Trump may also help them to grow.
Posted on February 19, 2017
OPEC countries seem to live up to their promise as they held back their oil production almost as they planned, according to the International Energy Agency (IEA) and the OPEC itself. This started to raise prices, but there are still some questions to be answered to see the future of oil.