TOP 3 THINGS  Here’s a preview of the top 3 things that could rock markets tomorrow Earnings from banks kick off session

THE DAY AHEAD: TOP 3 THINGS TO WATCH

THE DAY AHEAD: TOP 3 THINGS TO WATCH

TOP 3 THINGS  Here’s a preview of the top 3 things that could rock markets tomorrow Earnings from banks kick off session

BOREX INVETORS BUZZ TOP 3 THINGS  Here’s a preview of the top 3 things that could rock markets tomorrow

Earnings from banks kick off session

Three of the four biggest US banks — JPMorgan Chase, Citigroup and Wells Fargo — kick off the US session with the release of second-quarter earnings before US markets open.

Anticipating a mixed set of results, Wall Street analysts have cut their profit forecast in recent weeks.

Analysts forecast a drop of around 15% across the big five US banks’ fixed income, currencies, and commodities (FICC) businesses, amid a drop in market volatility.

Returns from loans and other assets are expected to show an improvement but deal-making and stock market listing activity, a source of fees for banks, continues to be a concern amid policy uncertainty in the U.S.



TOP 3 THINGS

 

Baker Hughes rig count

The weekly instalment of drilling activity from Baker Hughes on Friday, will be closely watched by investors, after the number of drilling rigs dropped for the first time in twelve months in June.

The weekly rig count is an important barometer for the drilling industry and serves as a proxy for oil production and oil services demand.

At Thursday’s settlement price, crude futures remained on track to post a win for the week, despite growing investor disbelief in Opec and its allies’ ability to rein in the glut in the supply.

US macro data on tap

Inflation and retail sales data are expected to be closely monitored by investors to gauge the strength of the U.S. economy amid concerns from Fed officials that interest rate increases could be curbed should the pace of inflation continue to slow.

On Wednesday, wholesale inflation, measured by producer price index rose 0.1% in June, missing expectations of a 0.2% rise.

The soft inflation data weighed on the dollar, which slipped to session lows against its rivals, increasing demand for dollar-denominated gold.

Dollar-denominated assets such as gold are sensitive to moves in the dollar – A dip in the dollar makes gold cheaper for holders of foreign currency and thus, increases demand.

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



THE DAY AHEAD  Here’s a preview of the top 3 things to watch our for in tomorrow’s session

THE DAY AHEAD: 3 THINGS THAT WILL DRIVE THE MARKETS

THE DAY AHEAD: 3 THINGS THAT WILL DRIVE THE MARKETS

THE DAY AHEAD  Here’s a preview of the top 3 things to watch our for in tomorrow’s session

FOREX INVESTORS   THE DAY AHEAD  Here’s a preview of the top 3 things to watch our for in tomorrow’s session

Crude inventory data

Weekly crude inventory data from the Energy Information Administration due Thursday, is expected to show that crude stockpiles fell by 2.2m barrels last week.

The report will be released a day after crude settled 4% lower at $45.13 amid growing investor disbelief in Opec and its allies’ efforts to reduce the glut in supply, after Russia said it that would not support deepening oil production cuts.





THE DAY AHEAD

European Central Bank minutes

The euro may be the ‘currency to watch’ on Thursday, as investors look forward to the release of the minutes from the European Central Bank’s June meeting for clues about any change in tone concerning monetary tightening.

Over the past few weeks, the euro has surged on the back of investor expectations that the European Central Bank is poised to taper its ultra-accommodative monetary policy measures.

U.S. macro data

Investors will get the opportunity to gauge the strength of the U.S. economy on Thursday, as both the ADP report and manufacturing data are on tap.

The ADP report, is widely considered a precursor to the all-important non-farm payrolls report due Friday.

Analysts expect that companies added 185,000 jobs in June, down from the 253,000 figure a month ago.Like up on FACEBOOK


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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)




DAO.Casino Raises $9 Million   The DAO.Casino token sale campaign has had a very successful start on June 29, 2017 after it raised

DAO.Casino Raises $9 Million During the First Day of Its Ongoing ICO

Blockchain-based gambling protocol launched its token sale campaign on June 29, 2017, raises $12 million at first day.

DAO.Casino Raises $9 Million   The DAO.Casino token sale campaign has had a very successful start on June 29, 2017 after it raised

BUZ INVESTORS  DAO.Casino Raises $9 Million   The DAO.Casino token sale campaign has had a very successful start on June 29, 2017 after it raised over $9 million in under half an hour. The blockchain based betting platform is offering this unique opportunity to investors and cryptocurrency community members who are interested in supporting further development of a decentralized protocol for the gambling industry.

The DAO.Casino protocol is already available as an MVP, and with its official launch, the platform is sure to cause a widespread disruption in the entire online gambling industry. The solution created by the company will introduce fairness, transparency and mutual profitability into online gambling, through blockchain technology.

DAO.Casino has already experienced a very high demand for its native (BET) tokens, almost fulfilling maximum pre-sale token orders in the first four days. Following the increasing demand, the company feels justified in its decision to increase the token sale’s maximum cap to $25 million worth of Ether. DAO.Casino believes this figure will free sufficient tokens to give a greater opportunity for all investors to support the protocol. The first day’s performance leaves no doubt about the crowdsale reaching its goal much before the last date.




 DAO.Casino Raises $9 Million

All other terms of the token crowd sale campaign will remain unchanged. The native BET tokens and the popular ERC20 tokens will act as in-game currency for all contracts integrated with the protocol.

The token sale campaign began at 1:00 pm GMT on June 29th, 2017 and will finish in exactly 28 days, or when the maximum cap is reached (whichever comes first). On the first day of the token sale, participants received 2,000 BET tokens for every 1 ETH, which will fall to 1,800 BET/1 ETH during the following two weeks. After the completion of two weeks, the number of BET tokens received per ETH will reduce by 100 at every three-day interval until the end of ICO.

DAO.Casino has measures in place to ensure rapid development and implementation of the project. In order to bring accountability among the founders, stakeholders, and others involved in the project, their tokens will be vested for two years accompanied by a six-month cliff. Due to this measure; the BET tokens will mature by 25% in value every six months. As a preparation for the token sale, the contract is currently being audited to guarantee complete security and safety.

How to Participate

Ether is the only supported cryptocurrency for the token campaign. Contributions from Ethereum clients such as Metamask, Parity, Mist, or MyEtherWallet are fully supported. DAO.Casino will release the destination address for the token sale campaign on its website few hours before the ICO. Upon receiving the ETH contribution, the platform will convert it to BET tokens and send it back to the participant’s wallet.

DAO.Casino encourages crowdsale participants to confirm the address on Ethereum block explorers like Etherscan before sending the tokens. Also, people should make sure that they don’t make ETH contributions from online exchange services like Kraken, Coinbase, Poloniex, etc., as DAO.Casino won’t be able to send BET tokens to those addresses. It is advisable for investors to take necessary precautions to safeguard their wallets by encrypting ETH private keys. They are also requested to be wary of third parties who claim to distribute BET tokens on behalf of DAO.Casino as there are no such parties involved in the crowdsale.

Token Sale Specifics

The token sale started at 1:00 PM (GMT) on June 29, 2017, and go on for the next 28 days or until the maximum cap of $25,000,000 in ETH is achieved. Investors can purchase BET tokens with ETH alone as the crowdsale contract doesn’t accept other cryptocurrencies.

The crowdsale offered an early bird offer on the day one, where investors received 2000 BTC/ ETH. During the next thirteen days (Day 2- Day 14), every ETH contribution will receive 1800 BET tokens. After that, the number of BET tokens per ETH will progressively reduce by 100 tokens between every three-day interval until the last day (Days 15–17: 1,700 BET/ 1 ETH; Days 18–20: 1,600 BET/ 1 ETH; Days 21–23: 1,500 BET/1 ETH; Days 24–26: 1,400 BET/1 ETH).

Out of all the tokens created, 70% will be issued to the ICO participants, 10% to early adopters and founders, 10% for bounties and another 10% for the creation of legal entity and other expenses. The revenues generated from the crowdsale will be utilized for Research and Development (60%), Operations (20%), Marketing (15%) and Legal (5%) expenses.

DAO.Casino Protocol

DAO.Casino protocol automates value chain of the gambling industry. The protocol will enable independent game developers to be automatically rewarded for their work when online casinos list their games while rectifying the current status quo where some developers do not retain the rights to their games.

The DAO.Casino protocol also introduces the roles of a bankroll backer and randomness provider. It means, the game developers will no longer rely on casino operators, and the possibility finding a bankroll backer would be sufficient enough for them to roll out a successful product. Casino operators will also be able to guarantee that all online games hosted by them are provably fair.

DAO.Casino platform is built to benefit all parties involved in online gambling business processes. All the contributors — developers, bankroll backers, referrers, and casino operators acting as referrers will be automatically rewarded for their contributions without a need to trust each other.

The DAO.Casino whitepaper offers more in-depth details about the platform’s capabilities and plans for the future. The MVP features basic functionalities and several demo games like beta blackjack, dice, and an indie game called “Hack a DAO”.

About DAO.Casino

DAO.Casino is an open ecosystem for betting titles that don’t require a trusted third party. It is a decentralized governance system built on Ethereum that automatically rewards all developers, auditors and community members for their contributions. Players can discover and play scam-free games by accessing front end platforms with a familiar and straightforward user interface.

Learn more about DAO.Casino at – https://dao.casino

|Chart | Calendar   | TRADE NOW | FORCAST | cryptocurrency 

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 GOLD GAINS   Gold prices bounced off session lows, buoyed a slump in the dollar as U.S. political uncertainty resurfaced, a

CRUDE EXTENDS GAINS FOR SIXTH-STRAIGHT DAY DESPITE RISE IN INVENTORIES

CRUDE EXTENDS GAINS FOR SIXTH-STRAIGHT DAY DESPITE RISE IN INVENTORIES

CRUDE EXTENDS GAINS Crude futures settled higher on Wednesday, as a bigger than expected drop in gasoline inventories

BUZ INVESTORS  CRUDE EXTENDS GAINS Crude futures settled higher on Wednesday, as a bigger than expected drop in gasoline inventories offset an unexpected build in crude output, easing investor concerns about a slowdown in demand for refined products.

On the New York Mercantile Exchange crude futures for August delivery rose 1.1% to settle at $44.74 a barrel, while on London’s Intercontinental Exchange, Brent added 1.34% to trade at $47.55 a barrel.

Investors mulled over a mixed weekly inventory report from the Energy Information Administration, showing a surprise build in crude stockpiles while gasoline inventories fell by more than expected.




CRUDE EXTENDS GAINS

Inventories of U.S. crude unexpectedly rose by roughly 118,000 barrels in the week ended June 23, below expectations of draw of about 2.5m barrels.

Gasoline inventories, one of the products that crude is refined into, fell by 894,000 barrels against expectations of a draw of 583,000 barrels while distillate stockpiles declined by 223,000 barrels, compared to expectations of a rise of 453,000 barrels.

The bigger-than-expected draw in gasoline stockpiles eased investor concerns about a slowdown in demand for refined products, after data in June showed stockpiles of gasoline rose back above 2016 levels and well above their five-year average.

Crude prices extended gains for a six-straight day, after falling into bear-market territory last week amid fears that an uptick in output by Nigeria and Libya were undermining Opec and its allies’ efforts to curb oversupply.

Earlier in June, Libya’s 270,000-bpd Sharara oilfield reopened while Royal Dutch Shell lifted force majeure on exports of Nigeria’s Forcados crude oil, bringing all of the West African country’s oil exports fully online for the first time in 16 months.

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COMMODITIES: (CRUDE OIL) (SILVER) (GOLD)




Buz Investors Oil pushes higher on worries The commodity is trading at $53.74 per barrel at 10:40 GMT this morning, 0.19% higher from the New York close. Crude oil witnessed a high of $54.05

Crude oil Price Day End For Friday June 23

Crude oil  | Data | Chart | Calendar | Forecast | News

BUZ INVESTORS Crude oil Price   Crude Oil increased 0.27 USD/BBL or 0.63% to 43.01 on Friday June 23 from 42.74 in the previous trading session. Historically, Crude oil reached an all time high of 145.31 in July of 2008 and a record low of 1.17 in February of 1946.




Crude oil Price

Crude oil Notes

Crude oil is the world’s most actively traded commodity. Crude Oil prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. This page provides – Crude oil – actual values, historical data, forecast, chart, statistics, economic calendar and news. Crude oil – actual data, historical chart and calendar of releases – was last updated on June of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
43.01 42.87 145.31 1.17 1946 – 2017 USD/BBL Daily

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COMMODITIES: (CRUDE OIL) (SILVER) (GOLD)




Gold decreased 2.75 USD/t oz. or 0.22% to 1,257.94 on Thursday May 25 from 1,258.10 in the previous trading session. Historically,

Gold Price Day End For Friday June 23

Gold | Data | Chart | Calendar | Forecast | News

BUZ INVESTORS Gold Price Day   Gold increased 6.19 USD/t oz. or 0.50% to 1,256.40 on Friday June 23 from 1,250.21 in the previous trading session. Historically, Gold reached an all time high of 1898.25 in September of 2011 and a record low of 34.83 in January of 1970.




Gold Price Day

Gold

The biggest producers of gold are China, Australia, United States, South Africa, Russia, Peru and Indonesia. The biggest consumers of gold jewelry are India, China, United States, Turkey, Saudi Arabia, Russia and UAE. Gold Futures are available for Trading in the Commodity Exchange (COMEX) which merged with the New York Mercantile exchange in 1994 and became the division responsible for metals trading. Half of the gold consumption in the world is in jewelry, 40% in investments, and 10% in industry. However, Gold is not only a precious metal but also a commodity vital for many industries. Gold is an excellent conductor of electricity, is extremely resistant to corrosion, and is one of the most chemically stable of the elements, making it critically important in electronics and other high-tech applications. This page provides – Gold – actual values, historical data, forecast, chart, statistics, economic calendar and news. Gold – actual data, historical chart and calendar of releases – was last updated on June of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
1256.40 1250.12 1898.25 34.83 1968 – 2017 USD/t oz. Daily

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COMMODITIES: (CRUDE OIL) (SILVER) (GOLD)




Buz Investors XAGUSD Price of Silver The silver market performed reasonably well in 2016, with the price of the precious metal picking up more than $2 to close the year at $15.88 per ounce. That in turn helped boost the prospects for silver-tracking investments like the iShares Silver Trust

Silver Price Day End For Friday June 23

Silver | Data | Chart | Calendar | Forecast | News

BUZ INVESTORS  Silver Price Day End  Silver increased 0.16 USD/t. oz or 0.99% to 16.69 on Friday June 23 from 16.53 in the previous trading session. Historically, Silver reached an all time high of 49.45 in January of 1980 and a record low of 3.55 in February of 1991.




Silver Price Day End

Silver

Silver futures and options contracts are used by mining companies, fabricators of finished products, and users of silver-content industrial materials to manage their price risk. As a precious metal, silver also plays a role in investment portfolios. The largest industrial users of silver are the photographic, jewelry, and electronic industries. The biggest producer of silver are: Mexico, Peru and China followed by Australia, Chile, Bolivia, United States, Poland and Russia. This page provides – Silver – actual values, historical data, forecast, chart, statistics, economic calendar and news. Silver – actual data, historical chart and calendar of releases – was last updated on June of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
16.69 16.62 49.45 3.55 1975 – 2017 USD/t. oz Daily

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COMMODITIES: (CRUDE OIL) (SILVER) (GOLD)




GBPUSD Pound Jumps to 1.25, Markets Eye Autumn

GBPUSD Day End For British Pound Friday June 23

British Pound | Data | Chart | Calendar | Forecast | News

BUZ INVESTORS  GBPUSD Day End  The GBPUSD increased 0.0036 or 0.28% to 1.2717 on Friday June 23 from 1.2681 in the previous trading session. Historically, the British Pound reached an all time high of 2.86 in December of 1957 and a record low of 1.05 in February of 1985.

Cable’s intra-day rebound dampened our bearishness and suggests a temporary ow has been formed at 1.2589, hence upside risk remains for this move to bring retracement of recent decline to 1.2755-60, however, reckon upside would be limited to 1.2780-85 (50% Fibonacci retracement of 1.2978-1.2589) and price should falter well below resistance at 1.2818, bring another selloff next week.

In view of this, would not chase this move here and would be prudent to stand aside for now. Below 1.2690-95 would bring weakness towards 1.2640-50 but break of latter level is needed to signal the rebound from 1.2589 has ended, bring retest of this level later.




 GBPUSD Day End

British Pound

The GBPUSD spot exchange rate specifies how much one currency, the GBP, is currently worth in terms of the other, the USD. While the GBPUSD spot exchange rate is quoted and exchanged in the same day, the GBPUSD forward rate is quoted today but for delivery and payment on a specific future date. This page provides – British Pound – actual values, historical data, forecast, chart, statistics, economic calendar and news. British Pound – actual data, historical chart and calendar of releases – was last updated on June of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
1.27 1.27 2.86 1.05 1957 – 2017 Daily

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)




USDCAD Trump Shock Pushes Canadian Dollar Down

USDCAD Day End for Canadian Dollar Friday June 23

Canadian Dollar | Data | Chart | Calendar | Forecast | News

BUZ INVESTORS  USDCAD Day End  The USDCAD increased 0.0033 or 0.25% to 1.3265 on Friday June 23 from 1.3232 in the previous trading session. Historically, the Canadian Dollar reached an all time high of 1.61 in January of 2002 and a record low of 0.92 in November of 2007.

Although the greenback has rebounded after finding support at 1.3208 and further consolidation would be seen, as long as indicated resistance at 1.3348 holds, prospect of another retreat remains, below said support would bring test of 1.3191 but break there is needed to signal the rebound from 1.3165 low has ended, bring retest of this support later. Looking ahead, only a break below there would confirm recent decline from 1.3794 top has resumed and extend fall to 1.3100-10 and later towards previous support at 1.3078.

In view of this, we are holding on to our short position entered at 1.3295. Only break of said resistance at 1.3348 would defer and risk a stronger rebound to previous support at 1.3387 (now resistance), however, still reckon upside would be limited to 1.3420-25 and price should falter well below resistance at 1.3471, bring another decline later.




USDCAD Day End

Canadian Dollar

The USDCAD spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the CAD. While the USDCAD spot exchange rate is quoted and exchanged in the same day, the USDCAD forward rate is quoted today but for delivery and payment on a specific future date. This page provides – Canadian Dollar – actual values, historical data, forecast, chart, statistics, economic calendar and news. Canadian Dollar – actual data, historical chart and calendar of releases – was last updated on June of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
1.33 1.32 1.61 0.92 1972 – 2017 Daily

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)