Tuesday, November 28, 2017

Google Alert - Financial Markets

Google
Financial Markets
As-it-happens update November 29, 2017
NEWS
The latest on developments in financial markets (All times local):. 4 p.m.. U.S. stocks powered broadly higher to reach more record highs on Wall Street, driven by big gains in banks. Bank of America jumped 3.9 percent Tuesday and JPMorgan Chase rose 3.5 percent.
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Even as analysts disagree on whether the largest cryptocurrency by market capitalization is truly an asset, its $167 billion value already exceeds that of ... in bitcoin when it was at $90, is starting a $500 million fund because of the potential for the technology to eventually transform financial markets.
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But sceptics say it a classic speculative bubble with no relation to real financial market activity or the economy, most famously JPMorgan boss Jamie ... by the speculative activity in Japan and also with institutional investors dipping their toes into the cryptocurrency market," said Thomas Glucksmann, ...
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The United States leads with 34 digital currency startup registrations so far this year, but that reflects Silicon Valley's role as a technology hub and the depth of U.S. financial markets rather than a welcoming regulatory climate. Singapore registered 21 entities, up from one in 2016, followed by 19 in ...
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