Bank of America has allowed trading of bitcoin futures for select clients, according to Coinbase, citing sources. Bitcoin futures are nothing new, and trading bitcoin in the United States is extremely simple. However, BAC has not previously permitted clients to…
Continue ReadingWeekly oil inventories in the United States Prior to that, it was +6866K Gasoline +1039 vs -1786K experience. +3657K for distillates vs. +0.877K for exp Refinery utilization -0.4% vs. +0.5% in the previous year Cushing -1589K Late yesterday, API…
Continue ReadingEarlier in the day, the RBNZ took a more hawkish stance, signaling the end of QE and laying the groundwork for rate hikes at the RBNZ's policy meeting next month. The kiwi soared as a result, with the NZD/USD pair…
Continue ReadingFollowing the bounce off the 0.8530 support region, the EURGBP is constructing an upside rally. However, since April 26, the market has been developing within a declining channel. A boost could break this pattern to the upside in the coming…
Continue ReadingGBP is remains weak after yesterday's BoE disappointment, while NZD is strong due to Eamonn's earlier report on positive trade balance and employment figures. Risk on tones were felt across markets when the market opened with gousto due to President…
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