Bitcoin hits new record high of $11,850 (news: 05/12/17)

Today's press

  • LONDON (Reuters) – Bitcoin powered to a record high of $11,850 on Tuesday, continuing its surge from below $1,000 at the start of the year.

  • WASHINGTON (Reuters) – The U.S. trade deficit increased more than expected in October, hitting a nine-month high as rising oil prices helped to boost the import bill, suggesting that trade could be a drag on growth in the fourth quarter.

  • Investing.com – Service sector activity in the U.S. fell more than expected in November, dampening optimism over the American economy, industry data showed on Tuesday.

  • A Spanish judge has lifted the extradition order on the former Catalan president, Carles Puigdemont, and four former cabinet members who fled to Belgium to avoid charges of rebellion, sedition and misuse of public funds.

Next trading day's important events

  • 11:00 (GMT+3) Eurozone – ECB non-monetary policy meeting
  • 18:00 (GMT+3) Canada – BoC Interest Rate Decision


Forex quotes:

  • USDJPY: 112.66
  • EURUSD: 1.1833


Indices:

  • S&P 500: 2642.01
  • NASDAQ: 6807.61

Source: Alpari

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