1.03 - what will the beginning of the spring bring to the table?

March 1 is a cold day in Europe and quite warm in China, but the markets and equities don't care about the temperature - today they have their own intentions. Look out for the marker news. 

March 1 is a cold day in Europe and quite warm in China, but the markets and equities don't care about the temperature - today they have their own intentions. Look out for the marker news. 

Why is Bitcoin still down?

bitcoin down

There is an important question to be answered – why is Bitcoin not hitting $11.000 per coin mark? The answer seems to be quite easy for understanding for the majority of traders – China is to blame.

The main problem with China is that they have already blocked all the domestic crypto exchanges and now there is an official information that even international services are being closely watched by the Chinese government. Those exchanges that give Chinese users an opportunity to register and trade are under the threat of ban in the country now.

Of course, this can’t but scare the investors, who are the main reason behind Bitcoin’s jumps and falls.

Paul Manafort can go to jail for 20 years.

170829 ackerman manafort tease 2 ki8s0o

Paul Manafort, who became famous as head of Donald Trump’s election campaign can face 20-years prison sentence just for the charges filed against him in Washington DC.

Although Manafort pleaded “not-guilty” in yesterday’s hearings it is up to the judge to decide, whether he will go to prison. Manafort is accused of “conspiring to defraud the Treasury Department, conspiracy to launder money, failure to disclose his lobbying for a pro-Russian Ukrainian government and with making false statements to federal agents” – Bloomberg.

The hearing is scheduled for September 17.

Stocks, currencies and crude overview.

King World News What Is Happening In Gold Bonds An

Asian markets are once again feeling low and slow.

MSCI Asia Pacific index went down 0.8 percent.

Topix from Japan lost 1.6 percent – a big decline for the index.

Hang Seng and Futures on S&P 500 went up by 0.1 percent.

Dollar is unchanged from yesterday, but other currencies are reacting to the greenback’s stand-still.

Yen fell 0.1 percent – 106.78 yen per dollar is the exchange rate this day.

Euro is also strengthening – 0.1 percent gain brings it to the $1.2207 point.

10-year Treasuries yield rose by almost 1 basis point – 2.86 percent.

WTI crude went up by 0.2 percent – 61.74 USD per barrel.

Gold lost 0.3 percent - $1.314.60 per ounce.

Silver is also down – 16.346 per ounce.

 

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