Category: Finance

1200x801.jpg 0

U.S. Growth Pickup to Spur Earlier Fed Hike in ’18, Leer Shows

A strengthening U.S. economy may spur the Federal Reserve to raise interest rates twice in the next 3 1/2 months as a tight labor market pushes risks to the upside, a Bloomberg survey showed. Median results of the survey of 41 economists, conducted Dec. 5-7, showed economists still expect three rate hikes in 2018 but…

104888290-GettyImages-494697042-cboe.1910x1000.jpg 0

Bitcoin futures arrangement to change on CBOE Sunday night after a wild surge for the cryptocurrency

Despite the great attention on the launch of the first bitcoin futures on a well-established exchange, analysts pointed out that initial interest from traders was low — about 800 contracts had traded roughly two-and-a-half hours into the launch. “There aren’t that many market participants,” said Bobby Cho, head trader at leading cryptocurrency bitcoin trading company…

former-celebrity-publicist-max-clifford-has-died.jpg 0

Worn celeb publicist Max Clifford has died

Max Clifford. AP Former celebrity publicist Max Clifford has died at age 74, BBC News reports. Clifford reportedly collapsed at Littlehey Prison in Cambridgeshire on Thursday, where he was serving an eight-year sentence for historic sex offences. BBC News reported earlier that Clifford had suffered a heart attack following the incident on Thursday. Clifford’s daughter Louise…

903f8fc8-c8b7-11e7-8536-d321d0d897a3 0

Wall Dual carriageway executives beat abet on tax hit to Current Yorkers

Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Choose the subscription that is right for you Read more For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business…

104718529-RTX3GH5L.1910x1000.jpg 0

Japan, US, South Korea to abet missile monitoring drill amid North Korea crisis

The United States, Japan and South Korea will hold two days of missile tracking drills starting on Monday, Japan’s Maritime Self-Defense Force said, as tensions rise in the region over North Korea’s fast-developing weapons programs. The United States and South Korea conducted large-scale military drills last week, which the North said made the outbreak of…

1200x801.jpg 0

Winklevoss Twin Sees Bitcoin Surging as Critical as 20 Times Better

Cameron Winklevoss, thought to be one of the largest holders of bitcoin, thinks the cryptocurrency’s blazing gains this year are just the start. He predicts it will rise as much as 20-fold as investors come to view it as an upgrade to gold. Wall Street’s plan to launch futures contracts on Sunday, making it easier…

3e708abe-d8be-11e7-9504-59efdb70e12f 0

Original Zealand plans to shake up housing market

New Zealand plans to shake up housing market Read more All the benefits of Premium Digital, plus: Free delivery to your home or office, Monday to Saturday FT Weekend – a stimulating blend of news and lifestyle Read more All the benefits of Standard Digital, plus: Unlimited access to all content FT Confidential Research -…

104823673-RTX3IEU9.1910x1000.jpg 0

After bitcoin’s wild week, traders brace for futures initiating

The newest way to bet on bitcoin, the cryptocurrency that has taken Wall Street by storm with its stratospheric price rise and wild daily gyrations, will arrive on Sunday when bitcoin futures start trading. The first bitcoin future trades are set to kick off at 6 p.m. EST on Cboe Global Markets Inc’s Cboe Futures…

this-simple-prisoners-dilemma-chart-from-ing-explains-what-brexit-could-do-to-the-pound-in-2018.jpg 0

This straightforward prisoner’s quandary chart from ING explains what Brexit may perchance procure to the pound in 2018

John Moore / Getty ING FX Strategist Viraj Patel uses a game theory approach to determine how sterling might move as Brexit progresses. Patel’s “Prisoner’s Dilemma” chart provides a handy summation of where the pound may be headed in 2018. Sterling dropped in reaction to news that the UK and EU have reached an agreement on the…