As if a years-long debate over the network's technical roadmap wasn't dramatic enough, Tuesday could see yet another twist in bitcoin's scaling debate. That's when a group of miners and developers say they will go as far as to create an alternative network to prove bigger blocks are the best solution for increasing network capacity.
The amount borrowed by consumers on credit cards, loans and overdrafts has topped £200bn for the first time since the global financial crisis almost a decade ago.
(Reuters) - U.S. companies are likely holding back on investing in their businesses due to an uncertain outlook for government policies, Federal Reserve Vice Chairman Stanley Fischer said on Monday.
LONDON (Reuters) - Britain's pound traded above $1.31 on Monday, close to a 10-month high, as investors eyed this week's Bank of England "Super Thursday" for a steer on whether record-low interest rates could soon be lifted for the first time in more than a decade.
The official manufacturing PMI for China came in at 51.4 in July (51.5 expected, 51.7 previous), and the non-manufacturing PMI at 54.5 (54.9 previous). So at a headline level and at first glance the numbers were down and disappointed against expectations.
HSBC Holdings Plc faces as much as $300 million in legal and relocation fees as it prepares to move 1,000 staff to Paris, in one of the first indications of the cost of Brexit to the U.K.’s financial industry.
Next trading day's important events
- USDJPY: 110.49
- EURUSD: 1.1750
- S&P 500: 2472.34
- NASDAQ: 6365.98