Dow Futures Brace for Volatile Week as Damages from U.S.-China Trade War Begin to Surface

Futures on the Dow and broader stock market rose sharply on Friday, but finished lower for the week as threats to U.S. and global economic health resurfaced. Volatility is likely to simmer near the surface next week as attention shifts to U.S.-China trade negotiations. For all the talk of progress, both countries remain far apart […]

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3 Factors That Could Supercharge Dow Jones to Shatter Record Highs – CCN.com

The Dow Jones Industrial Average could be gearing up for another record run. | AP Photo / Richard Drew Following the unexpected decision of U.S. President Donald Trump to consider establishing a partial trade deal with China ahead of the new round of trade deal talks, the Dow Jones increased by around 500 points within […]

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Dow Clings to 250-Point Rally as Trump Flexes at G7 Summit – CCN Markets

By CCN Markets: The Dow Jones clung to gains of more than 250 points on Monday after President Donald Trump held a joint press conference with French President Emanuel Macron at the G7 in France. While the stock market edged back toward its session highs, Trump appeared unable to offer anything fresh for bulls to […]

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Circle CEO: China’s Digital Currency Could “Bypass Western Banking System”

Circle CEO Jeremy Allaire says the U.S. lagging behind China’s development of a national digital currency could alter the way Western companies transfer payments. Speaking on the Global Coin Research podcast this week, Allaire said China is setting the pace in the development of a digital currency equivalent of its fiat currency, the renminbi, and […]

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Central Banks, Stablecoins and the Looming War of Currencies

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. This essay is presented as a part of No Closing Bell, a series leading up to Invest: Asia 2019 focused on how the Asian crypto markets are interacting with and impacting global investors. […]

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Dow Feasts on Apple Rally, But Tariff Delay Won’t Fix Trump’s Trade War

The Dow enjoyed a delicious rally as major compontent Apple soared, but the tariff delay won’t solve Trump’s trade war dilemma. | Source: AP/Richard Drew By CCN Markets: The Dow and broader U.S. stock market shot higher on Tuesday, bucking a dismal start to the trading day after the Trump administration announced it would delay […]

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Trump’s Currency War With China Could Be Bitcoin’s Do-or-Die Moment

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. The global economy faces its biggest crisis in 11 years. In theory, this should be bitcoin’s […]

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Study Exposes How Russia, Iran, & China Are Weaponizing Crypto

It’s no secret that foes of the United States – including Venezuela, Iran, Russia, and China – are experimenting with cryptocurrency technology as they seek to render their economies immune to crippling US sanctions. However, a new study from the Foundation for Defense of Democracies (FDD) exposes the lengths to which these rogue nations are […]

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China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief

Faced with the possibilities and threat posed by Facebook’s Libra cryptocurrency project, China’s central bank should rethink its plan for a national digital currency, according to its former head. As reported by the South China Morning Post, former People’s Bank of China (PBoC) governor Zhou Xiaochuan said at an event in Beijing this week that, with […]

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