Equities up, crypto sideways, what’s next?

Important News for the day

  • Thu, 16th, 02:30 CET AU Employment change.

  • Thu, 16th, 08:00 CET UK Gross domestic product.

  • Thu, 16th, 19:30 CET CA BoC Gov Macklem speech.

The crypto president

After taking office in the US President Trump made a fortune with his personal and corporate investments. The rise in the cryptocurrency market helped his fortune to gear up momentum by more than USD 1 billion. Other Presidents in US history have put their business aside or even had them managed by a trust to avoid a conflict of interest. The situation is in particular interesting as he previously labeled the crypto market as negative and also called it a competition to the Dollar. He changed his views during his campaign last…

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