There is nothing new about it. You’ve heard about it. We’ve heard about it.
The main event of last week smoothly moves into a new trading week.
Forcing the Japanese yen lower is proving to be a monumental task for Japanese policymakers.
The main event of last week in the financial markets was a sharp drop in equity markets after a significant rally - starting at the end of last year, amid a significant gains in yields of US government bonds.
The flow of bad news for bitcoin and the overall world of cryptocurrencies seems to be unstoppable.
Asia markets were down on Monday, following a weak close in Wall Street on Friday following a better-than-expected employment report that pushed rate speculation higher.
The Australian dollar weakened against most of its major peers on Friday, on its way to end the week with a broad decline as it continued to display resilience to positive economic news.
On Thursday, global stock markets strengthened corrective movement started on Tuesday and declined amid weak data on corporate earnings.
The price of bitcoin went sharply down on Friday as a part of broader and bigger losses in the overall cryptocurrency market that erased more than 65 billion U.S. dollar of the total value of digital currencies.