Bitcoin (BTC) is almost unrecognizable as it starts the first working week of 2021, retaining $30,000 support and hitting astronomical new highs. Hard to believe for hodlers, price action continues to wow as Monday gets underway, and attention is turning to what might be next. Cointelegraph takes a look at five factors that investors might
Fuji News Network reports on the matter This seems more of an inevitability now, with the expected start date said to be on 9 January i.e. this coming Saturday and last for about a month. The state of emergency will cover Tokyo and its neighbouring prefectures of Kanagawa, Saitama, and Chiba. The other details are
NEW DELHI: Gold and silver futures prices in the domestic market traded with gains on Monday as covid-19 cases continued to surge forcing many countries to mull tougher restrictions. Global coronavirus cases continued to climb, with British Prime Minister Boris Johnson hinting at tougher lockdown restrictions, while Japan considered declaring a state of emergency for
Dollar trades generally lower today as Asian markets ex-Japan open the year on strong footing. Investors are generally riding on optimism of vaccine rollouts and an eventual sustainable global recovery. Though, for the short term, Japan is facing risk of more lookdowns while coronavirus infections in the US could still surge again. The forex markets
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Gold prices ease from the multi-day high as US dollar marks corrective pullback. Risks dwindle amid virus woes, mixed prints of December’s activity numbers in Asia. Sustained upside break of short-term triangle favor buyers. Gold prices trim early Asian gains while receding to $1,921.67, up 1.21% intraday, ahead of Monday’s European session. The yellow metal
It’ll take a few days for the data agenda to ramp up but to kick off the new year: 2200 GMT Australia – Markit Manufacturing PMI for December (final) 2300 GMT Australia CoreLogic House prices for December 0030 GMT Japan – Jibun Bank/Markit Manufacturing PMI (final) for December For bank trade ideas, check out eFX
A former top investigator is warning that “a high-stakes game of chicken” between the Internal Revenue Service (IRS) and cryptocurrency holders who fail to properly report their earnings will be entering a new phase in 2021 as the tax collection agency begins to focus on pursuing “civil and, potentially, criminal penalties.” In an article co-authored
Silver prices rose by Rs 92 to Rs 68,197 per kg in futures trade on Friday as participants widened their bets on firm spot demand. On the Multi Commodity Exchange, silver contracts for March delivery gained Rs 92, or 0.14 per cent, to Rs 68,197 per kg in 14,044 lots. Analysts said the rise in
Here is what you need to know on Monday, January 4: The dollar closed the year on a weak note and may remain under selling pressure. Wall Street kept advancing, adding pressure on the greenback. The DJIA and the S&P closed at record highs. The shared currency eased on profit-taking but held above 1.2200 against its
Looking to go out for the year at the highs The AUDUSD is trading at the highest level going back to April 2018, surpassing the June 2018 high today at 0.7676 in the process. The high price reached 0.76855. The price trades just off the high at 0.7680. For the year, the low to high
Kyodo News reports on the matter It will be the first time that the Japanese capital exceeds the 1,000 mark and it adds to more uncertainty in the country as the new year approaches. Despite the Japanese government throwing massive amounts of stimulus at the problem, the health crisis is still the main problem that
Crude oil prices rose by Rs 16 to Rs 3,540 per barrel on Friday as participants widened their positions on firm spot demand. On the Multi Commodity Exchange, crude oil for January delivery traded higher by Rs 16, or 0.45 per cent, at Rs 3,540 per barrel in 1,222 lots. Analysts said raising of bets
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