When Will Chasing The Stock Market No Longer Work?

Authored by Kevin Muir via The Macro Tourist blog, If someone had asked me to name the driving factors influencing US stock market performance return over the past year, I might have guessed the cut in the tax rate, but I would then be at loss to further explain what has been moving stocks. Lucky […]

Coinfloor Obtains DLT Provider License in Gibraltar

Coinfloor, the oldest operational cryptocurrency exchange in the U.K., has become the first company to secure a distributed ledger technology (DLT) license in Gibraltar. Also Read: 19 Companies Licensed to Operate Crypto Exchanges in Philippine Economic Zone British Overseas Territory Recognizes First Offshore Crypto Entity The London-based crypto exchange, which is backed by Transferwise founder Taavet […]

US Treasury Sells The First Ever 2-Month Bill: Here Are The Details

This morning, in addition to a rather mundane sale of $40.0 billion in 4-week bills, the Treasury sold its inaugural 8-week (2 month) bill, for the amount of $25.0 billion as the Treasury seeks innovative ways to plug the burgeoning budget deficit. As a reminder, this is what the TBAC said when it introduced the […]

Po Valley keeps Italian oil fields after aborted sale

Po Valley Energy Ltd., Perth, has kept full ownership of its two onshore oil fields in northern Italy northeast of Modena following the blockage of their sale to private UK company Delta Energy Ltd. by a major Delta shareholder. The post Po Valley keeps Italian oil fields after aborted sale appeared first on aroundworld24.com.

Devon restores full-scale operations at Jackfish 1 complex

Devon Energy Corp., Oklahoma City, completed additional facilities work at its Jackfish 1 heavy oil project in the southern Athabasca oil sands region of Alberta, and full-scale operations have been restored. The work was related to minor facility repairs identified during turnaround startup activities. The post Devon restores full-scale operations at Jackfish 1 complex appeared […]

3,000 Hondurans Make New Run For US Border; Trump Threatens To Cut Aid If Not Stopped

An estimated 2,500 – 3,000 Honduran migrants crossed into Guatemala on Monday for a second northbound trek to the US border in six months, following a tense standoff with police in riot gear.  Rows of Guatemalan police in black uniforms, some wearing helmets and shields, initially blocked migrants from reaching a customs booth, Reuters images showed. It […]

MARKET WATCH: Oil benchmark prices supported by ongoing US-Saudi tensions

Crude oil benchmark prices rose moderately on New York and London markets Oct. 15 amid rising US-Saudi tensions after the disappearance and suspected killing of a dissent Saudi journalist. US President Donald Trump has suggested some punishment if the Saudi government is found to have been involved in the disappearance of journalist Jamal Khashoggi who […]

Saudi consul general leaves Turkey for Riyadh

Saudi Arabia’s consul general in Istanbul left Turkey for Riyadh today, Turkish broadcasters said. Mohammad Al-Otaibi left Turkey on a commercial flight hours before his residence was expected to be searched by Turkish police in relation to the disappearance of Saudi journalist Jamal Khashoggi two weeks ago. Khashoggi, a prominent Saudi journalist, was last seen […]