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Category: Finance Tech


Finance Tech, News, Trading

Dow, S&P 500 hit records as Senate clears tax-reform hurdle

October 20, 2017

Via: Market Watch

U.S. stocks rose on Friday, with major indexes trading at or near records after the Senate passed a budget blueprint for the next fiscal year, a move that is seen as paving the way for the tax reform many investors […]


Finance Tech, Liquidity

Currencies: Dollar storms higher on revived hopes for tax cuts

October 20, 2017

Via: Market Watch

The U.S. dollar shot to the highest level in roughly three months against the yen and stormed ahead against other rivals on Friday. The move came after the U.S. Senate passed a budget blueprint, which could clear the way for […]


Finance Tech, Trading

Apple is slipping after reports of iPhone 8 production cuts (AAPL)

October 19, 2017

Via: Business Insider

Shares of Apple are down 1.65% to $157.12 in early trading on Thursday on reports that the company has cut orders linked to its new iPhone 8. Apple has cut production orders linked to the iPhone 8 by more than […]


Finance Tech, Trading

Politics and stocks: New ETFs try to profit from Republican and Democrat policy moves

October 18, 2017

Via: USA TODAY

How can you make money in the stock market based on President Trump’s or the GOP’s next policy move? Or profit from Democrats’ political maneuverings? Or shoot for gains based on coming tax reform? A new family of exchange traded […]


Finance Tech, Liquidity

The dollar is hovering

October 16, 2017

Via: Business Insider

The dollar was virtually flat Monday. The US dollar index was little changed at 93.19 at 8:29 a.m. ET. “The majors are tracking fairly close to recent ranges, but the one-two punch of the Fed minutes and inflation miss should […]


Finance Tech, Trading

30 years after Black Monday, could stock market crash again?

October 16, 2017

Via: Market Watch

It’s been three decades since Black Monday, the most disastrous single day in U.S. stock market history, and investors should be forgiven for wondering if Wall Street learned any lessons from that cataclysmic day. On Oct. 19, 1987 the Dow […]


Finance Tech, Trading

FORGET BITCOIN: There’s an $8 trillion bubble in global markets waiting to pop

October 13, 2017

Via: Business Insider

For all the hype about bitcoin, far more investors are exposed to an $8 trillion bubble in financial markets. It’s all the government and corporate bonds that still have negative yields eight years after the financial crisis, according to Torsten […]


Finance Tech, Liquidity, Trading

The Biggest Bitcoin Exchange Opens the Door to Day Trading

October 12, 2017

Via: Fortune

The frenzy around digital money is likely to intensify as San Francisco-based Coinbase announced on Thursday that customers will be able to purchase bitcoin and two other currencies instantly from U.S. bank accounts. This is significant because Coinbase is the […]


Energy, Finance Tech, Industries, Trading

Oil market bulls are wrong to forecast a pick-up in prices — and here’s why

October 12, 2017

Via: CNBC

Oil prices are unlikely to reach $60 per barrel anytime soon as hawkish forecasters continue to ignore the “elephant in the room”, a senior economist told CNBC Wednesday. Daniel Lacalle, chief economist and investment officer at Tressis Gestion, said: “The […]


Finance Tech, Mobile Banking & Payments

Wells Fargo launches contactless ATMs to significantly reduce transaction time (WFG)

October 11, 2017

Via: Business Insider

This story was delivered to BI Intelligence “Payments Briefing” subscribers. To learn more and subscribe, please click here. Wells Fargo enabled contactless withdrawals from phones or payment-enabled wearable devices at over 5,000 of its ATMs, according to a press release. […]