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Feds Miss out on $600 Million Payday in Silk Road Bitcoin Auction

The U.S. Department of Justice recently claimed the proceeds from the sale of 144,336 bitcoins found in Ross Ulbricht’s laptop, gained from Silk Road’s seizure in 2013. Claiming the proceeds took ... Read More
quantitative easing

How can the Fed possibly unwind QE?

There are currently two important items on the Fed’s wish list. The first is to restore interest rates to more normal levels, and the second is to unwind the ... Read More
Asian Stocks

Asia Stocks Rise as Yuan Strengthens, Oil Rebounds: Markets Wrap

Japan’s Topix gains while China shares slip amid economic data Onshore yuan heads for biggest 4-day gain in almost 12 years Asian equities rose, with a rally in Japan ... Read More
asia stocks

Asia Stocks Mixed, Euro Falls on Draghi Comments: Markets Wrap

China markets closed second day, Hong Kong shut for holiday Japan equities erase loss; yen gains while rand extends slide Asian equities were mixed in thin trading while the ... Read More
Asian stocks

Stocks Climb in Korea, Japan; Dollar Reverses Loss: Markets Wrap

U.K., U.S., China markets closed for holidays on Monday Dollar erases early loss amid Fed official’s rates comments Stocks in Asia were mixed amid low trading volume and the ... Read More

Euro sets one-week high ahead of GDP data; dollar inches lower

The euro touched a one-week high on Tuesday ahead of the release of euro zone gross domestic product data, as the dollar struggled to gain traction in the wake ... Read More
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Euro to US Dollar: Forecast for next five days

Euro to US Dollar looks like it is cycling lower after the sharp drop from the 1.1000 highs. We still see a risk of a breakdown to fill the ... Read More

China shares gain on spending program

Hang Seng China Enterprises Index on course for six-day surge Oil climbs as Russia, Saudi Arabia favor extending output deal Chinese equities rose as optimism over infrastructure spending offset concerns ... Read More
U.S. dollar notes are seen in this picture illustration

Dollar inches away from eight-week high vs yen; focus on U.S. data

The dollar traded below an eight-week high against the yen on Friday, with the near-term focus on whether coming U.S. economic data would provide the catalyst for further gains ... Read More
aussie stocks

Aussie Stocks Drop, Taiwan Bucks Poor Apple Result: Markets Wrap

Japan and Hong Kong among Asian markets shut on Wednesday Kiwi dollar climbs as jobless rate in New Zealand declines Australian stocks dropped, while a poor Apple Inc. earnings ... Read More
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