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Dow set for higher open, Fed meeting in focus

(Reuters) – The Dow Jones Industrial Average was set to open higher on Tuesday on gains from oil-related stocks and Boeing, while the S&P 500 and the Nasdaq futures pointed to a flat opening ahead of the Federal Reserve’s policy meeting. FILE PHOTO: Traders work on the floor of the …

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Bitcoin slips to around $16,300, futures volumes drop

SINGAPORE (Reuters) – Virtual currency bitcoin dipped slightly from the previous session’s record highs on Tuesday, after a month of whirlwind and volatile gains leading up to the launch of bitcoin futures on the weekend. A Bitcoin (virtual currency) coin is seen in an illustration picture taken at La Maison …

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Bitcoin futures suggest breakneck rise in price to slow

NEW YORK/LONDON (Reuters) – Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months, even as it blasted above $17,000 to a fresh record high in the spot market. Chicago-based derivatives exchange Cboe Global Markets (CBOE.O) launched the futures …

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Newly minted bitcoin futures indicate more modest growth ahead

NEW YORK/SYDNEY/LONDON (Reuters) – Newly launched bitcoin futures indicated on Monday that financial markets expect the cryptocurrency to climb further but at a far slower rate than in recent weeks as warnings of a bubble grew. Chicago-based derivatives exchange Cboe Global Markets (CBOE.O) launched its eagerly anticipated bitcoin futures late …

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WTO losing focus, must rethink development: U.S. trade chief

BUENOS AIRES (Reuters) – U.S. President Donald Trump’s trade chief said on Monday that the World Trade Organization is losing its focus on trade negotiations in favor of litigation and needed to rethink how it defines developing economies. U.S. Trade Representative Robert Lighthizer and Ireland’s Minister of State for Trade …

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