John McAfee Says You Can’t Deny the Reality of Bitcoin Cash 2018-08-03 14:58:39
While the battle over how to scale Bitcoin rages on in the crypto world, John McAfee wants you to remember one thing: You can’t deny that Bitcoin Cash (BCH) has won this round.
The Aug. 1 hard fork that created BCH was a response to growing concerns over slow transaction times Goldman Sachs Group Analysts Give Vinci (DG) a €104.00 Price Target 2018-08-03 14:48:47
Goldman Sachs Group set a €104.00 ($122.35) price objective on Vinci (EPA:DG) in a research note released brokerage stock.
A number of other equities research analysts have also weighed in on DG. JPMorgan Chase & Co.
se FTSE 100 advances after revival of U.S. tax-hopes
U.K.
blue-chip stocks rose Monday, riding up alongside U.S. stock futures as investors prepared for the possibility a tax overhaul will be passed by lawmakers in the U.S.
this week.
But the benchmark FTSE 100 pared gains in part as the pound gained against the dollar.
What markets are doing: The FTSE 100 index UKX, +0.38% was up 0.3% at 7,513.59, with but the oil and gas sector moving higher. The industrials, tech and basic materials sectors gained the most. On Friday, the London benchmark rose 0.
6% and last week logged a rise of 1.3%.
The pound bought $1.3358, up from $1.
3322 late Friday in New York. Against the euro, sterling GBPEUR, -0.1411% traded hands at 1.1328 versus 1.
1340 on Friday.
The 10-year gilt yield TMBMKGB-10Y, -0.08% fell 1 basis point to 1.14%, according to Tradeweb. Yields fall when prices rise.
Whats moving markets: Hopes that the U.S. tax reform bill is clearing the final stages of Congress have helped boost stock markets around the world.
The FTSE took the lead from Asia overnight and has started the penultimate trading week of the year, on the front foot, said Fiona Cincotta, senior market analyst, at City Index, in a note.
Gains in Asia and throughout Europe SXXP, +0.79% were followed up by advances in U.S. stock futures. Futures for the Dow Jones Industrial Average YMH8, +0.47% surged more than 100 points and indicated equity benchmarks are on track for fresh record highs.
The moves came after Treasury Secretary Steven Mnuchin on Sunday said he has no doubt that Republican-led tax bill will be passed by lawmakers and make it to President Donald Trumps desk this week to be signed into law.
The renewed optimism comes after two holdouts, Sens.
Bob Corker of Tennessee and Marco Rubio of Florida, pledged their support for the tax proposals.
Read: Heres whats in the Republican tax deal
Still, theres a slim 52-48 majority for Republicans in the Senate. Sen. John McCain of Arizona, whos battling a brain tumor, is expected to miss the vote as hes returning to his home state.
Whilst the U.
S. futures are charging higher, the pockets of concerns are showing through in the U.S. dollar, which is trading weaker across the board in the early part of Monday, said Cincotta.
The pound strengthened against the U.S.
dollar which helped pare gains for the FTSE 100. Pound strength can hurt the FTSE 100 as about 75% of revenues for the indexs components is made overseas.
Back in London, U.K. Prime Minister Theresa May is scheduled to meet with lawmakers to discuss whats next for the Brexit process after EU leaders on Friday agree to move forward to the second phase of talks.
May, in a column for the Sunday Telegraph, said the government we will not be derailed from this fundamental duty to deliver the democratic will of the British people.
Stock movers: Bank stocks worldwide have been among big beneficiaries from prospects of tax cuts and reforms in the U.S. But in London Monday, bank stocks were mixed. HSBC Holdings PLC HSBA, +0.32% was up 0.3% and Barclays PLC BARC, +0.
79% rose 0.5%, but Royal Bank of Scotland Group PLC This entry was posted in stocks on by admin . Post navigation John McAfee Says You Can’t Deny the Reality of Bitcoin Cash 2018-08-03 14:58:39
While the battle over how to scale Bitcoin rages on in the crypto world, John McAfee wants you to remember one thing: You can’t deny that Bitcoin Cash (BCH) has won this round.
The Aug. 1 hard fork that created BCH was a response to growing concerns over slow transaction times Goldman Sachs Group Analysts Give Vinci (DG) a €104.00 Price Target 2018-08-03 14:48:47
Goldman Sachs Group set a €104.
00 ($122.35) price objective on Vinci (EPA:DG) in a research note released brokerage stock.
A number of other equities research analysts have also weighed in on DG. JPMorgan Chase & Co. se $0.85 Earnings Per Share Expected for Venator Materials PLC (VNTR) This Quarter 2018-08-03 14:28:41
Venator Materials PLC (NYSE:VNTR) to post $0.
85 earnings per share for the current quarter, according to Zacks. Four analysts have made estimates for Venator Materials’ earnings. The highest EPS estimate is $0.87 and the lowest is $0.
82. The firm is scheduled to Metro AG Preference Shares (B4B3) Given a €11.
40 Price Target by Barclays Analysts 2018-08-03 13:38:58
Metro AG Preference Shares (ETR:B4B3) received a €11.
40 ($13.41) target price from research analysts at Barclays issued to clients and investors on Friday. The firm presently has a “neutral” rating on the stock. Barclays’ price objective would indica.