17 July, 2017 by The TZ Newswire Staff Comments Off on $232 Million ICO Has Some Worried About an Ethereum Sell-Off
$232 Million ICO Has Some Worried About an Ethereum Sell-Off
Tezos, the blockchain tech company, enjoyed the largest initial coin offering in history. However, it also prompted some analysts to worry about large-scale Ethereum sell-offs.
17 July, 2017 by The TZ Newswire Staff Comments Off on Einhorn’s Greenlight Capital Loses $400 Million to Investor Outflows
Einhorn’s Greenlight Capital Loses $400 Million to Investor Outflows
David Einhorn has been plagued by client redemptions, totaling $400 million of lost assets.
17 July, 2017 by The TZ Newswire Staff Comments Off on US crude oil future settle at $46.02, down -$0.52
US crude oil future settle at $46.02, down -$0.52
Down -$0.52 or 1.12%
US crude oil futures are settling at $46.02, down -$0.52 or 1.2% on the day.
The high reached $46.88. The low extended to $45.97. The price is settling near the lows for the trading day.
17 July, 2017 by The TZ Newswire Staff Comments Off on US ends laptop ban on Middle Eastern airlines
US ends laptop ban on Middle Eastern airlines
A ban on Middle Eastern airline passengers carrying laptops aboard U.S.-bound flights has been lifted.
17 July, 2017 by The TZ Newswire Staff Comments Off on US Retail sales question
US Retail sales question
The Economist mentioned in one of their articles how retail sales account for only about 40% of consumer spending. My question is: What is the remaining 60% of consumer spending? A part of it is house buying I guess?
17 July, 2017 by The TZ Newswire Staff Comments Off on Upcoming key events and releases
Upcoming key events and releases
Off to a quiet start
The week is off to a quiet start. The economic calendar is light and the markets are sleep walking a bit.
The US calendar is void of meaningful releases but there will be a slew of earnings on the calendar that could send the stock market moving. Also, the ECB
17 July, 2017 by The TZ Newswire Staff Comments Off on Fed will fine BNP Paribas $246 million on ‘unsafe and unsound’ foreign exchange practices
Fed will fine BNP Paribas $246 million on ‘unsafe and unsound’ foreign exchange practices
The board said the bank had insufficient oversight and controls over its FX traders, who allegedly discussed trading positions with competitors.