Exchanges Offering Digital Derivatives Are the Flames of War Spreading? BitForex (NASDAQ:BF)NEW YORK, NEW YORK, UNITED STATES, July 22, 2018 /EINPresswire.com/ -- According to statistics, the number of digital-asset exchanges has already exceeded 11,000 globally, and approximately 3,000 more are added semiannually. However, among these countless exchanges, 90% of the digital currency exchanges have some problems such as single-function, poor design, poor user experience among others. The continued downturn in platform trading volume eventually leads to the closing of some exchanges in the highly competitive industry. As the Bitcoin market turns from bull to bear, the trading volume of the entire digital currency market has shrunk sharply. The price fluctuations of mainstream currencies such as Bitcoin, Ethereum, etc. have become increasingly small, making the “profit-making effect” far worse than before. Additionally, the “blood-sucking effect” of the … [Read more...] about These Exchanges Have Launched Digital Derivative Trading
Trade
Boston Red Sox trade rumors: Senior VP Frank Wren spotted scouting Twins-Royals game
Red Sox senior vice president of player personnel Frank Wren was spotted scouting Friday night's Twins-Royals game in Kansas City, according to Mike Berardino of the St. Paul Pioneer-Press. Exactly who Wren was in town to see isn't clear, though both Minnesota and Kansas City are poised to be deadline sellers. The Royals have already shipped Jon Jay and Kelvin Herrera out of town while Minnesota is expected to trade veterans for the second consecutive year. Both second basemen who appeared in Friday's game are prime trade candidates-- Minnesota's Brian Dozier and Kansas City's Whit Merrifield. Some have linked Boston to both players in the wake of Dustin Pedroia's injury despite the team's insistence that Eduardo Nunez and Brock Holt will finish the season at the position. Other potential trade candidates include Royals third baseman Mike Moustakas and Twins relievers Fernando Rodney and Zach Duke. The presence of a top executive like Wren at this time of year is not uncommon but does … [Read more...] about Boston Red Sox trade rumors: Senior VP Frank Wren spotted scouting Twins-Royals game
GOP governor bolsters trade diplomacy with China
That's because the recently imposed tariffs, and new tariffs threatened to come, will likely disrupt trade patterns sending buyers in the United States and China to places where its cheaper to import certain species.The U.S. says its tariffs on steel and aluminum are fair but that the other countries' were not.The spokesperson for the Asian Foreign Ministry, Hua Chunying thus answered the statement made by U.S. Vicepresident, Mike Pence, who accused Beijing of imposing tariffs three times higher than those applied by Washington to articles from China.Trump campaigned for president pledging to crack down on unfair trade practices, with China drawing much of his ire.World economic output would be 0.5 percent less in two years if the USA follows through on all its tariff threats, other countries retaliate, and tightening financial conditions lower business investment, the International Monetary Fund predicts in an analysis released Wednesday. The agency reports claimed that these imports … [Read more...] about GOP governor bolsters trade diplomacy with China
Mnuchin: Overall US economy not harmed by trade battles
BUENOS AIRES, Argentina (AP) — U.S. Treasury Secretary Steven Mnuchin says the overall U.S. economy has not been harmed by the trade battles set off by President Donald Trump's get-tough policies although some individual sectors have been hurt. He says the administration was exploring ways to help farmers and other specific industries that have been affected. Mnuchin spoke to reporters Saturday on the sidelines of meetings of finance ministers and central bank presidents from the Group of 20 nations, composed of traditional economic powers such as the United States, Japan and Germany and emerging economic powers including China, Brazil, India and Argentina. Mnuchin said that there had not been an adverse effect on overall growth from the tariffs but that certain industries were being harmed because other countries were retaliating by targeting specific industries. Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or … [Read more...] about Mnuchin: Overall US economy not harmed by trade battles
U.S. Chamber spends $200k lauding Dino Rossi on trade, but TV ads avoid mention of Trump tariffs
The U.S. Chamber of Commerce has dropped $200,000 on new TV ads in support of Republican candidate Dino Rossi in Washington’s closely watched 8th Congressional District race, according to a Federal Election Commission filing Friday. The cash from the business lobbying group — a traditional backer of Republicans — is funding rosy TV ads praising Rossi as a champion on free trade. The 30-second spots note that 40 percent of jobs in Washington are trade-dependent. “We need someone in the other Washington who gets that,” the ad narrator says, as images of cherries, wheat and espresso roll by, adding, “Dino Rossi knows how important trade is.” But the ads avoid the elephant in the room — import tariffs imposed by President Trump, which have sparked fears of a trade war, and already brought retaliation that threaten some Washington industries and agriculture. (The U.S. Chamber has strongly and publicly opposed the tariffs, saying in a fact … [Read more...] about U.S. Chamber spends $200k lauding Dino Rossi on trade, but TV ads avoid mention of Trump tariffs