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Positive Momentum Means Bitcoin Price may Return to $4,500 Soon

September 12, 2017 BitNewz.net 0

Themerkle Bitcoin Price 4500All cryptocurrencies are in the green once again today, which further confirms how the markets are going through a recovery process. That is a positive sign for all major cryptocurrencies, including the likes of Bitcoin and Litecoin. At this rate, it will only take a short while until the Bitcoin price surpasses the $4,500 mark once again. All signs are looking favorable right now, but there is still a fair bit of uncertainty. Positive Bitcoin Price Trend Continues It has to be said, yesterday’s positive Bitcoin price momentum could have easily turned into negative market pressure rather quickly. These past

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UN: Palestinians face intensifying demolitions, evictions in Jerusalem

September 12, 2017 Middle East Monitor 0

The number of demolitions of Palestinian homes and other structures by Israeli authorities in occupied East Jerusalem is almost as high as 2016, which saw the highest number of demolitions since 2000, according to a new UN report. “Recent developments in East Jerusalem highlight the coercive environment affecting many Palestinian residents of the city,” the UN OCHA monthly bulletin states, citing evictions and planned evictions in neighbourhoods like Sheikh Jarrah. At least 260 Palestinians living in 24 residential buildings in the area are under threat of eviction in cases “brought against them by Israeli settler organisations, the General Custodian and/or Israeli individuals”. UN OCHA notes that, whether by demolition or eviction, displacement generates substantial humanitarian needs, “it deprives people of […]

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UN: Palestinians face intensifying demolitions, evictions in Jerusalem

September 12, 2017 Middle East Monitor 0

The number of demolitions of Palestinian homes and other structures by Israeli authorities in occupied East Jerusalem is almost as high as 2016, which saw the highest number of demolitions since 2000, according to a new UN report. “Recent developments in East Jerusalem highlight the coercive environment affecting many Palestinian residents of the city,” the UN OCHA monthly bulletin states, citing evictions and planned evictions in neighbourhoods like Sheikh Jarrah. At least 260 Palestinians living in 24 residential buildings in the area are under threat of eviction in cases “brought against them by Israeli settler organisations, the General Custodian and/or Israeli individuals”. UN OCHA notes that, whether by demolition or eviction, displacement generates substantial humanitarian needs, “it deprives people of […]

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(12 SEPTEMBER 2017)DAILY MARKET BRIEF 2:ECB: Vice President Constancio set to speak

September 12, 2017 MQL5: Traders' Blogs 0

A week after the ECB meeting where the rates remained unchanged, ECB Vice President Constancio is going to hold a speech in Frankfurt. It is worth betting that most of the discussion will be around the Eurozone inflation and in particular the ECB diffi…

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(12 SEPTEMBER 2017)DAILY MARKET BRIEF 1:GBP edges higher ahead of inflation data

September 12, 2017 MQL5: Traders' Blogs 0

UK August inflation gauge is due for release alter today and is expected to have accelerated further in August. The consumer price index should print at 2.8%y/y, reflection both rising fuel price and a weak pound sterling. The core gauge, which excludes the most volatile components, should also overshoot the BoE target of 2% (median forecast of 2.5%y/y).

Given the fact the BoE made clear it is ready to tolerate higher inflations level as the negative effects of the Brexit are still to come, it is unlikely that the pound sterling appreciates sharply should inflation accelerates more than expected. Similarly, a disappointing reading won’t trigger a sell-off in the pound as it will only bring the gauges closer to the BoE’s target.

On the political side, Theresa May’s Brexit bill made an advance yesterday as lawmakers approved her bill, which is aiming at repealing the 1972 European Communities Act. This is just the beginning of May’s long journey to take Britain out of the EU.

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Israel concerned over new Iranian military base in Syria

September 12, 2017 Middle East Monitor 0

Israeli ministers are concerned over new Iranian military bases being installed in Syria. Officials in Tel Aviv have previously been hawkish about Iran and Hezbollah setting up military bases, saying that Israel would intervene if the military ceasefire failed to block its arch-rivals from constructing permanent military bases in Syria. Yesterday, Israel’s Minister of Intelligence Services, Israel Katz, warned that Syrian President Bashar Al-Assad will permit Iran to build military bases in his country. Speaking at a security conference hosted by IDC Herzliya, a university near Tel Aviv, Katz was reported by Reuters saying: “In these very days, Assad and Iran are nearing the signing of a long-term agreement that would anchor Iran’s military presence in Syria, resembling the agreement […]

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Israel concerned over new Iranian military base in Syria

September 12, 2017 Middle East Monitor 0

Israeli ministers are concerned over new Iranian military bases being installed in Syria. Officials in Tel Aviv have previously been hawkish about Iran and Hezbollah setting up military bases, saying that Israel would intervene if the military ceasefire failed to block its arch-rivals from constructing permanent military bases in Syria. Yesterday, Israel’s Minister of Intelligence Services, Israel Katz, warned that Syrian President Bashar Al-Assad will permit Iran to build military bases in his country. Speaking at a security conference hosted by IDC Herzliya, a university near Tel Aviv, Katz was reported by Reuters saying: “In these very days, Assad and Iran are nearing the signing of a long-term agreement that would anchor Iran’s military presence in Syria, resembling the agreement […]

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Al-Hayat newspaper bans Saudi journalist Khashoggi

September 12, 2017 Middle East Monitor 0

Saudi’s Al-Hayat newspaper has banned the publication of articles written by US-based Saudi journalist Jamal Khashoggi after he defended the banned Muslim Brotherhood and Sheikh Yusuf Al-Qaradawi. Co-Editor-in-Chief of Al-Hayat newspaper, Saud Al-Rayes, said in a tweet yesterday that the decision was taken by the publisher Prince Khalid Bin Sultan upon recommendation from his deputy, Prince Fahd Bin Khalid. Meanwhile, Khashoggi responded in a tweet saying that he will not stop writing in Al-Hayat and that the decision was temporary. “I understand the circumstance that forced them to take that decision,” he added. “I spoke to his highness and we agreed not to write anything that spews hate but we disagreed with regards to the Muslim Brotherhood. I wish him […]

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