Tag Archives: services


ISM Services Plunges To 13 Month Lows As Post-Weather Bounceback Fades

ISM Services Plunges To 13 Month Lows As Post-Weather Bounceback Fades

But the post-weather bounce? Markit's Services PMI in May missed expectations and dropped for the 2nd month in a row to its lowest since January. This notched the Composite PMI also down to its lowest since Jan, leaving Markit warning "the US economy has lost some momentum after an initial bounce-back from weather-related weakness at

Australian Bitcoin Exchange to Launch Payment Processing Services

Australian Bitcoin Startup, igot.com to Get New Funding from International Investors ForexMinute.com — Australian Bitcoin Exchange Igot today announced to launch its very own payment processing solution services, a step that would put its name before the online merchants around the world. The step has also placed Igot in the lines of celebrated Bitcoin payment
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Igot.com Launches Cryptocurrency Payment Processing Services in 40 Countries

Earlier the last year, ForexMinute had reported that the Australian Bitcoin exchange Igot.com had received seed funding from international venture capitalists to expand its operations; now, it looks, it is the time it is executing the plans well. The company has launched a new cryptocurrency payment processing service that will be available in 40 countries.

GBP/USD: Trading the British Services PMI

Opinions | Written By Kenny Fisher | Created: Apr 6, 2015 08:44 GMT; Last Modified: Apr 6, 2015 08:46 GMT If you’re new here, you may want to subscribe to receive daily updates. Thanks for visiting! The British Services PMI (Purchasing Managers’ Index) is based on a survey of purchasing managers in the services sector. A reading which is higher
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UBS, the Swiss Bank wants to explore the role of Blockchain Technology in Financial Services

Though Blockchain technology has long been revolutionizing Bitcoin ecosystem, for the first time mainstream banking organization UBS, a Swiss global financial services company with its headquarters in Basel and Zürich, Switzerland, is willing to explore potential in financial services. The bank announces that it is dedicated to explore the potential Blockchain tech has. Nonetheless, UBS
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BTC Exchange Safello Brings Bitcoin Wallet Services, Promises for Complete Security

The Stockholm based Bitcoin exchange, Safello, has launched its safe and secure Bitcoin wallet for customers. It says that so far Bitcoin software isn’t known for being easy to use; however, it wants to change that. According to the organization people who have Safello wallets don’t need to keep track of one another’s addresses; they

Today’s Trading Edge: GBP/USD weakness resumes after UK Services Cool and US Data remains upbeat

Earlier in London, sterling weakened to the dollar after a report showed that UK services cooled in February.  Markit Economics reported that the PMI index declined to 56.7 from 57.2 in January.  This was the second miss this calendar year and provides limited concern that the British recovery is in danger.  GBP/USD weakness continued in

US Services and Factories Slow, Equities, Treasury Yields Fall, Dollar Gains

The U.S. service sector expansion fell further from its summer high and manufacturing orders dropped for the fourth month in a row indicating that economic growth likely cooled in the final quarter of the year. The Institute for Supply Management’s non-manufacturing index dropped to 56.2 in December from November’s 59.2, well below the 58.0 forecast

3 Dec: DXY at a 4.5 year high. Commodity bloc under pressure. AUD Q3 GDP, Services PMI’s ahead.

An underlying bid tone in the US$ gradually gathered pace through the session, leaving most of the counterpart currencies at or near trend lows and looking as though there may be more of the same ahead. Direction today will come partly from the global services/composite PMI’s, where China will kick things off in Asia, although

Financial Services Stock Susceptible to Further Downside on Fed Announcement – Altisource Portfolio Solutions (ASPS)

Altisource Portfolio Solutions (ASPS) broke out of a cup and handle base the week of October 28, 2011 and advanced 550% to its peak the week of December 6, 2013. The company benefited tremendously from lower rates and quantitative easing. Now that the easy money era is coming to a close, institutions have been busy