Friday, 17 November 2017
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Bitcoin surges through $4000 as Korean peninsular tensions rise

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The price of bitcoin continued its meteoric rise Sunday, crossing the $4,000 mark for the first time. While Bitcoin remains relatively unknown to most people, huge investors are getting involved in digital money. US-dollar bitcoin trade accounted for about 25 percent, according to CryptoCompare. Wall Street's obsession with Bitcoin and its constant reporting may also be fueling the craze. Read More »

Lynch sits during anthem in Raiders loss

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Two of the Raiders' top defensive players, All-Pro defensive end Khalil Mack and linebacker Bruce Irvin , joined Carr and Lynch as spectators. "You do your thing, and we'll do ours.' So that's a non-issue for me". In Charlottesville, white nationalists with torches marched, chanted racial slurs and attacked counter-protestors in Charlottesville on Friday and Saturday. Read More »

Wall Street lower on US-North Korea tensions

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Spot gold inched down 0.1% to $1,284.64 per ounce as of 11.46am, but was set for a weekly gain of over 2%. The Dow Jones industrial average closed up 14 points, a gain of 0.07 percent, the Nasdaq composite rose almost 40 points or 0.64 percent and the S&P 500 gained 3 points or 0.13 percent. Read More »

Dow plummets 205pts as Trump inflames Korea tension

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The Dow Jones Industrial Average rose 44.33 points, or 0.2 percent, to 21,888.34, the S&P 500 gained 6.01 points, or 0.25 percent, to 2,444.22 and the Nasdaq Composite added 32.10 points, or 0.52 percent, to 6,248.97. Toyota rose 0.63 percent to 6,275 yen while Sony fell 1.45 percent to 4,338 yen. Sterling was last trading at US$1.3005, up 0.12 per cent on the day. Read More »

Swiss franc, yen rise as North Korea tensions brew

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In after-hours trading, gold traded 1.6 percent higher at $1,282.80. We should also be aware of the risk of responding to geo-political shocks by selling assets: too often we find ourselves selling at the moment of highest fear, only to be out of the market as a rebound in stock market prices takes place as tensions wind down. Read More »

North Korea Threat Casts an Ominous Cloud -- Here's Where Wall Street Stands

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US stocks have risen week after week this year - with the S&P up more than 9% - in extremely low volatility, as strong corporate earnings and an improving global economy offset disappointment that US President Donald Trump's promises to lower corporate taxes and implement a massive infrastructure spending have so far failed to see the light of day. Read More »

TSX hits 1-month low on risk aversion, lower oil prices

Even so, the close was the highest in a month. President Donald Trump issued a new threat to North Korea , saying the US military was " locked and loaded " as Pyongyang accused him of driving the Korean peninsula to the brink of nuclear war. Read More »

Trump 'to call for China IP trade probe tomorrow'

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There is no deadline for deciding if any investigation is necessary. The measure would seek to address what the US business community has described as flagrant trade violations by China, which employs a variety of rules and practices to wall its market off from foreign competition and pressure USA companies to part with valuable product designs and trade secrets - or to steal them outright. Read More »

Tensions over North Korea weigh on stocks but boost gold

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Trade was subdued before a three-day weekend starting on Friday. S&P 500 e-mini futures were down 0.2 percent, hinting at weakness on Wall Street later in the day. Of those, 52 percent delivered earnings and revenue that beat financial analysts' forecasts, according to S&P Global Market Intelligence. The stock lost $2.36 to $20.67. Read More »

SoundCloud Accepts $170 Million Rescue, Taps New CEO

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The company outlined the investments in a blog post, while it also announced that former Vimeo executive Kerry Trainor will be taking over as CEO... New COO Weissman worked closely with Trainor at Vimeo . Co-founder Eric Wahlforss will be chief product officer. SoundCloud founder and former CEO Alexander Ljung had agreed to step aside to become chairman of the board, it said. Read More »

HBO offers $250000 to hackers

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They are now reportedly asking for millions-worth of Bitcoin ransom to stop plaguing the entertainment company. Variety has opted not to publish the name or email address of the HBO executive from which the message was sent. But rather than offering up the sum as a ransom payment, HBO refers to the money as a "bug bounty payment". Recently, a news that jolted the entire media industry was the cyber attack on HBO where hackers gained access to sensitive sources of information which ... Read More »

S&P falls 1.4 pct in safety flight on N. Korea tensions

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David Madden, market analyst at CMC Markets, said: "Stock markets in Europe are still feeling the pressure from the tension surrounding North Korea". Brent crude, used to price worldwide oils, gave up 29 cents to $51.85 in London. Disappointing earnings also helped pull the market lower Wednesday. Kohl's also declined, sliding $2.66, or 6.3 percent, to $39.28. The report said labor productivity climbed by 0.9% in the second quarter after inching up by a revised 0.1% in the first quarter. Read More »

FTSE sell-off gathers strength on North Korea fears

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USA stocks closed higher on Friday as Wall Street clawed back from a sharp decline in the previous session but the market still posted a weekly loss on lingering geopolitical uncertainties. On the Nasdaq, 1,462 issues rose and 1,227 fell. Emerging market stocks lost 1.27 per cent. MSCI's broadest index of Asia-Pacific shares outside Japan closed 1.47 per cent lower. Read More »

Alexis rumours still rife despite Wenger's stubborn denials

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The 28-year-old will miss Friday night's Premier League opener against Leicester and next weekend's match at Stoke with an abdominal injury. Sanchez, the Frenchman says, is suffering with an abdominal issue. But we have all the other players prepared in pre-season and they are all ready. Wenger also dismissed Chelsea's reported interest in Alex Oxlade-Chamberlain, saying he is still firmly in his first-team plans. Read More »

Wall Street Stages Recovery, but North Korea Keeps Rally From Takeoff

In his latest warning to North Korea, US President Donald Trump said on Friday military solutions were "fully in place" and referred to American weapons as being " locked and loaded " should the nuclear-armed nation act "unwisely". Core prices had also been expected to climb by 0.2%. If the North Korean regime "does anything" to the United States or a U.S. ally "things will happen to them like they never thought possible", he told reporters on Thursday, according to Bloomberg . Read More »

Gold surges as USA and North Korea ratchet up nuclear tensions

The CBOE Volatility Index .VIX , a barometer of expected near-term stock market volatility, closed at its highest since the election. Escalating tensions around Pyongyang's nuclear ambitions sent a shiver through markets worldwide and pushed the dollar to below 109.7 yen in afternoon forex trade to an eight-week low against the safe haven currency , piling more pressure on Japanese stocks. Read More »

Landslide in Himachal, at least seven dead

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Following the incident, Prime Minister Narendra Modi stated: "Pained by the loss of lives due to landslide related accidents in HP's Mandi district". He will visit the accident site and review the situation. The landslide swept away the road and the buses for nearly 800 metres down into a gorge and there was no trace of one of the buses which was completely buried under the debris so far. Read More »

Gold buoyed by North Korea tensions, USA inflation data

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Japanese markets were closed for a holiday but the yen powered on, hitting an eight-week high of 108.91 yen to the dollar, adding to its biggest weekly gain since May. "Hard to assess political risk is now intruding on this scenario". For now, the dollar remains on the back foot, pulling back 0.1% to 0.9635 Swiss francs today, after dropping as much as 1.2% to a two-week low overnight. Read More »

European markets open lower on Friday

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The Dow Jones Industrial Average fell 94.55 points, or 0.43 per cent, to 21,954.15, the S&P 500 lost 19.51 points, or 0.79 per cent, to 2,454.51 and the Nasdaq Composite dropped 76.39 points, or 1.2 per cent, to 6,275.94. Japan is the world's biggest creditor country and there is an assumption investors there will repatriate funds in a crisis. South Korea's won currency dropped 0.9% against the dollar. Read More »

Stocks fall for third day as United States, N. Korea tensions rattle markets

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The Dow Jones Industrial Average fell 163 points, or 0.74%, to 21,886, the S&P 500 lost 31 points, or 1.23%, to 2,443 and the Nasdaq Composite dropped 117 points, or 1.84%, to 6,236. Tensions between Washington and Pyongyang added to pressure from lower oil prices. Nvidia's quarterly revenue in its data center and automotive businesses missed estimates, dragging the chipmaker's shares down 5.43 percent. Read More »

Federer beats Haase, meets Zverev in Montreal final

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Shapovalov's stunning upset against the reigning French Open champion came as a result of some inspired tennis in front of a boisterous home crowd who cheered his every shot. The win over Nadal put Shapovalov into the quarter-finals of the Rogers Cup, making him the youngest player to advance to the tournament's final eight since Bjorn Borg in 1974. Read More »

Guam residents warned about nuke blast if North Korea attacks

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The military plans to move thousands of U.S. Marines to Guam from Okinawa in southern Japan. In a statement this week, Bordallo called North Korea's threat to target Guam "dangerous", saying she has discussed threats with Mattis and other defense leaders, who have "consistently reassured me that Guam is protected". Read More »

U.S. stocks end lower after comments from Trump

The weakness on Wall Street reflects geopolitical concerns amid a continued increase in tensions between the U.S. and North Korea . Trump ratcheted up his rhetoric toward North Korea on Thursday, saying it should be "very, very nervous" if it even thinks about attacking the United States or its allies, after Pyongyang said it was making plans to fire missiles over Japan to land near the U.S. Read More »

Marathon Oil Corporation (MRO) Position Increased by Franklin Resources Inc Last Quarter

Wellington Management Group Llp decreased Halliburton Co (HAL) stake by 16.66% reported in 2016Q4 SEC filing. Whereas, in last 21 trading days (one month) was climbed 5.26% and plunged in last 63 trading days (quarter) of -17.01%. Baird. The rating was upgraded by UBS on Thursday, February 2 to "Buy". P/E ratio of the company is marked at 31.28. AXA divested its stake by shedding 1,039,500 shares a decrease of 78.2%. Read More »

IShares MSCI Emerging Markets Indx

Investors might be looking to rebuild the portfolio as we move into the second half of the year. Recent market action may have investors questioning if a major pullback is on the horizon, or if momentum will turn back to the upside. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend. The ATR is an indicator developed by J. Welles Wilder. Read More »