The US Treasury Department is exploring the possibility of buying cryptocurrencies for a strategic reserve, starting with bitcoin. This was announced by the head of the department Scott Bassett. The preparation of a discussion on these innovations coincides with a planned meeting of industry representatives with President Donald Trump at the White House.Bessent clarified that at first, the reserve will be formed at the expense of confiscated digital assets. Subsequently, it is planned to explore... Read More
Oil moved higher this day as price hikes caused by the supply reduction of crude from top oil... Read More
The USD has recently surged to its highest levels in 14 years as a string of highly positive... Read More
The expected economic performance for 2017 appears to be very much alike with 2016 outlook. The... Read More
The economic growth of Singapore has heightened significantly and has recently recorded its... Read More
China opens to more foreign investment in banking, insurance, securities and credit-rating firms as... Read More
The European central bank’s capital decision of 8.8 billion euro was criticized after the Bank of I... Read More
The Mexican government will implement a price hike in gasoline prices as much as one-fifth in the... Read More
The data for mortgage approvals on November is driven down according to the record of the British... Read More
The US dollar surged to its highest levels for this week and has nearly reached its highest... Read More
Vietnam’s economy rose by 6.21% this year being the fastest country to grow in the manufacturing s... Read More
The Bureau of Statistics released the GDP of China showing 6.7% growth during the previous three... Read More
US stocks traded within its record highs in the midst of low market liquidity after oil prices... Read More
After years of recession, Russia is about to come back for next year. Although it does not mean... Read More
The victory of Donald Trump caused the consumer confidence index (CCI) to continuously increased... Read More
The USD dropped from its recently high levels during the mid-morning trading session in spite of... Read More
Deutsche bank has finally decided to a $7.2 billion settlement with U.S. regarding its toxic assets... Read More
The report for durable goods orders hand over a lower-than-expected data in October based on the... Read More
The Bank of Thailand (BOT) maintain its key interest rate as it presents a 13th-time record low,... Read More
Oil prices climbed higher driven by depreciation of dollar despite the subdued market in Asian... Read More
US stocks dropped in value after the Dow Jones Industrial Average index was unable to make... Read More
The economy of Japan is gaining momentum to recovery since 2015 as data from the Bank of Japan... Read More
The Japanese yen dropped in leveraged funds selling after the Bank of Japan announced that it will... Read More
On Monday, the Federal Reserve Chair Janet Yellen spoke to the graduates of the University of... Read More
The Italian government waiting for parliamentary approval to borrow as much as 20 billion Euro... Read More
The highly-regarded business climate index of the Germany published its data which showed an upbeat... Read More
Oil prices ended up at nearly $52 barrels per day after investors shifted their focus to the... Read More
The Malaysian Ringgit has reached its lowest in the midst of strong dollar and weakened economy... Read More
The U.S housing market dropped in November, however, its level is still in a stable condition which... Read More
The depreciation of yen is beneficial for companies as it attracts more investments giving higher... Read More
The unemployment rate in UK had marginally declined to 1.62 million from August until October, as... Read More
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