First major win for Trump administration

Donald Trump | Econ Alerts

Daily Analysis | 21 December 2017   The US tax reform passed the voting test of the Senate and the House of Representatives yesterday Wednesday and has marked the first legislative win of the Trump administration. It’s not clear when president Trump will actually sign the new tax law, but there are expectations for it […]

10 Smart Hacks To Save Money During The Christmas Holidays

christmas-xmas-christmas-tree-decoration | Eco Alerts

Christmas Is Fast Approaching! Christmas is not far away, and many people have may have finished planning and bought all the necessary items to make it a memorable occasion. Many also think it to be the most expensive time of the year and sadly many of us overspend during the Christmas period and therefore struggle […]

Tax Reform stumbling

Statue of Liberty | Econ Alerts

Daily Analysis | 20 December 2017   The US tax reform passed the voting test of the House of Representatives yesterday Tuesday with a 227-203 majority. However, it stumbled at the Senate due to some technicalities. The bill is to be resent to the House of Representatives for a revote after the Senate vote and […]

No Bitcoin frenzy at CME yet

bitcoin2 | Econ Alerts

Daily Analysis | 19 December 2017   Monday was the first full day of trading for the Bitcoin futures market of CME. Volume and volatility were low, moderating any expectations of a new significant surge in the price of the cryptocurrency.  Main reasons cited for the low volume and lack of excitement were high initial […]

Technical Analysis – Gold and EUR/USD

XAUUSD H4, 18/12/2017 | Econ Alerts

Gold stuck in range after rebounding off 5-month lows; the risk is to the upside Gold prices are firmer after rebounding off a 5-month low of 1236.49 last week but remain stuck in a range between 1250 and 1260 during the past few trading days. The flat RSI on the 4-hour chart is indicative of […]

Bitcoin on the rise again

bitcoin and dollars | Econ Alerts

Daily Analysis | 18 December 2017   On Friday Bitcoin broke the 17000US Dollars barrier and reached a new all-time high during today’s Asian morning. Despite arguments that there is no clear fundamental reasoning, most analysts tend to agree that the anticipation of the CME Bitcoin futures market opening on Sunday pushed the cryptocurrency higher […]

Market breakdown 18 – 22 December 2017

Weekly market outlook | EconAlerts

Week Ahead – BoJ meets amid normalisation talk; US tax vote the main focal point   Central bank activity will continue next week with policy meetings of the Bank of Japan and Sweden’s Riksbank. It will be a relatively quieter one though for economic indicators, except in the United States, which will see several big […]

Brexit in the Foreground

Brexit | Econ Alerts

Daily Analysis | 15 December 2017 Brexit in the Foreground Uncertainty increases about the Brexit and that’s due mainly to two factors. At first, on Wednesday the UK parliament decided that any implementation of Brexit deals in the UK requires parliamentary approval. Despite optimism that the new law should not be an obstacle in substantive […]

ECB interest rate decision

Daily Analysis | 14 December 2017   ECB interest rate decision ECB is widely expected to remain on hold today and keep interest rates at 0.00%.  As the rate as such is expected to remain the same focus may shift towards the press conference which will be held by ECB President Mario Draghi. Media reports […]

Bitcoin surges after futures launch; continues to defy gravity

Bitcoin prices briefly touched the $17,428 level on Tuesday, marking yet another fresh all-time high for the cryptocurrency, following the launch of the first bitcoin futures contract on the Chicago Board Options Exchange (CBOE) this week. The launch was widely seen as a major step towards making Bitcoin – and cryptocurrencies in general – more […]