Bitcoin is updating the new highs. The main crypto currency’s cost reached $ 4400, and Bitcoin’s capitalization has equaled capitalization of PayPal payment service. Bitcoin caught up to capitalization of one of the payment services. And although the cryptocurrency is still far away from Visa, this can be considered an intermediate success. Popularity of the crypto currency is fueling...

The oil market reached local highs and almost immediately nosedived, losing more than 2%. What happened, and what is now preventing oil prices from rising? On Thursday, during trading, the barrel of the North Sea blend Brent exceeded $ 53.5. However, once the American session opened, the situation changed dramatically. The quotations went down. In fact, large-scale sales were observed not only...

Ten years after the "mortgage crisis" in the US, the problems of two infrastructural companies for the real estate market, Fannie Mae and Freddie Mac, have not been resolved, the International Monetary Fund (IMF) says. Fannie Mae and Freddie Mac's growth of profits, share of their temporary structures, mortgages less accessible for younger generations in the US, and a number of other signs,...

During ten years, investors from China can increase volume of foreign transactions by 70% - up to $ 1.5 trillion, according to a review by Linklaters international law firm. Even restrictions on the part of the Chinese and foreign authorities will not impede the development as lawyers say that the limitations can be circumvented. The volume of foreign investment of Chinese business can reach $...

The US Department of Commerce is currently investigating. The Department is trying to find out whether Spanish companies sell olives to Americans at dumping prices. The European Commission has already interfered with the matter in order to support its producers. The US International Trade Commission, which also takes an active part in this investigation, held a vote on Friday, after which it was...

The past week has become for the best oil market in this year. During this time, speculators sharply increased the number of long positions. In addition to the already familiar messages from OPEC, traders were encouraged by news about sanctions against Venezuela. The net long position in WTI futures at Nymex rose by 27 thousand, to 423 thousand - a maximum of 2 months. Producers continue to get...

How close is the end to the automotive industry? Not as close as it seems, and here's why. Britain supported France’s initiative to ban the sale of gasoline and diesel vehicles from 2040 in order to improve air quality and reduce emissions leading to a greenhouse effect. When Europe's two largest economies promise to abolish technologies that have been supported by the automobile industry for...

Shares of leading German automakers, such as BMW, Daimler and VW, are sweepingly becoming cheaper. Because of accusations of cartel collusion, automakers are in danger of receiving fines of billions of euros. The management of Volkswagen has already planned an emergency meeting. Securities of German carmakers sank about 3% in early trading yesterday. Their losses have become the most serious...

Research company Nielsen reported that number of on-demand audio streams in the US alone amounted to 184 billion in the first half of the year, which is 62% more than in the same period last year. On the other side of the ocean, in the UK, streaming audio is developing at an equally rapid pace, showing an increase of 53% in six months, and the European Commission is already taking steps to...