U.S. markets were tentative throughout the first half of action as Wall Street awaited the release of the minutes from January’s FOMC meeting. The minutes were mostly in-line with expectations, with no concrete news on the balance sheet, and a patient approach to rate policy. The major indexes reached session peaks ahead of, and just after the Fed minutes, with Tech lagging to session lows...
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Continue reading >>U.S. markets were slightly sluggish to start the shortened week as trade talks with China continued in Washington on Tuesday, with higher level negotiations starting later in the week. The tight trading ranges expanded in the second half and the higher closes were bullish signals as the week after February options expiration is typically bearish. Volatility stayed slightly elevated after...
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Crypto markets still rallying; EOS and BCH running away with it, Cardano, Dash and ETC performing well.The big crypto rally which began with Ethereum yesterday has continued today where a different top performer has emerged. Total market capitalization reached a high of $134 billion as a further $9 billion was added to yesterday’s pump.Daily volume has not been over $34 billion since late April...
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