US banking stocks report positive earnings and European shares optimism pushes ahead
State Street earnings come at $519m compared to $634m for the same year-ago quarter
Shares for the biggest US crypto platform were referenced at $250 a share – but soared to $410.
Bitcoin hit $62,839 (£45,667) at 9.30am 13 April while Ethereum reached $2,211 (£1,614).
Crypto analysts at Bloomberg have gone super-bull on Bitcoin, suggesting a $400,000 valuation isn’t out of the question. The view comes from their April Crypto Outlook 2021 edition and claims Bitcoin now occupies valuation territory similar to its 2013 position.
Respected journal Nature has raised more environmental concern about the sustainability of China’s energy-hungry bitcoin mines.
Norway and Sweden are regularly lauded as economic and social super-models. Free market capitalism and a generously backed welfare state? Tick. A commitment to private ownership and a robust public sector? Tick. Strong growth balanced by high levels of redistribution? Tick again.
How do you regulate the most hyped, chaotic asset class ever seen?
Bitcoin’s recent brutal tumble below $10,000 sharpened many minds on crypto valuations
Donald Trump has said he is willing to go to war with North Korea.
The fiery relationship between Daniel Kahneman and Amos Tversky sparked the development of trading psychology
Avoid these cognitive biases and improve your trading performance making your investment decision more objective and rational.
Cross currencies are currency ‘pairs’ that omit the US dollar - the bulk of global exchange rate transactions involve the US currency or ‘greenback’. Cross currencies are where other currencies are allowed to be the dealmaker.
Giving staff stock options and, if offered them, choosing whether to accept them, may not be as straightforward as they at first seem. So, here’s some thoughts on when to grab stock options, what to avoid and how to benefit: