Forex Consulting

Ripple jumps 27% after MoneyGram announces test

The company and the crypto both benefit from the announcement Ripple is up more than 27% following a joint announcement of a payments test with MoneyGram. Ripple has jumped to $2.19 from $1.71 on the announcement, which is seen as another example of the advantages of its technology. Copyright 2015 Forexlive.com

Forex Consulting

Bill Gross: Bonds are in a bear market

Bill Gross is out with his latest Investment Outlook Bill Gross’ latest monthly note is out now. He’s been talking about the break higher in Treasury yields lately and expands on his thesis in today’s note. Copyright 2015 Forexlive.com

Forex Consulting

Capital One raises minimum wage to $15/hour

Earlier today Walmart announced they would be raising their minimum wage to $11 from $10 (and pay a bonus). Capital One is reported to to be raising their minimum wage to $15/hour. Earlier today Walmart also said they would raise their minimum wage, give a bonus and also increase some benefits.   Copyright 2015 Forexlive.com

Forex Consulting

US December budget deficit at $23B vs $40B exp

December month budget statement – 2018 fiscal year-to-date deficit at $225B vs $217B in comparable 2017 – Outlays $349B vs $347B in Dec 2016 – Receipts $326B vs $319B in Dec 2016 Some good news on the deficit. Those revenues might be because of companies moving around gains/losses due to the tax plan. Copyright 2015 Forexlive.com