Bitcoin Breakout: Price Jumps $1K in 60 Minutes (news: 12/04/18)

Today's press

  • Bitcoin rallied over $1,000 in an hour this morning, having spent a better part of the last two weeks trading sideways in a narrow price range.

  • BEIJING (Reuters) – China’s commerce ministry said on Thursday trade negotiations with the United States would be impossible as Washington’s attempts at dialogue were not sincere, and vowed to retaliate should U.S. President Donald Trump escalate current tensions.

  • House prices in London are falling at the fastest rate in nine years, according to Halifax, Britain’s biggest mortgage lender.

  • WASHINGTON (Reuters) – New applications for U.S. unemployment benefits fell last week, pointing to sustained labor market strength despite a sharp slowdown in job growth in March.

  • The National Bureau of Statistics on Thursday said the country’s Consumer Price Index which measures inflation rose by 13.34 per cent (year-on-year) in March 2018.

Next trading day's important events

  • 09:00 (GMT+3) DE – Harmonised Index of Consumer Prices (YoY) (Mar)


Forex quotes:

  • USDJPY: 107.27
  • EURUSD: 1.2316


Indices:

  • S&P 500: 2665.81
  • NASDAQ: 7143.02

Source: Alpari

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