iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,443 Blog Posts

European Markets Surge, Dollar Rises, Bitcoin Breaks 1,000

Happy New Year.

Twenty seventeen has started off with more of the same. European markets are surging ahead, led by the DAX and FTSE MIB. The dollar is higher by 0.5% v the euro and bitcoins broke 1,000 to the upside — making the Vinklevoss twins very happy assholes to start the new year.

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One notable laggard is Brazil’s Bovespa index, currently off by 1%.

The first week of January is very important, as it sets the tone for the year. So far, so good.

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4 comments

  1. frog

    Looks like most people are sleeping in today, since the U.S. market is closed.

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  2. cancel19

    Good to hear. I hope the market gods are kinder and gentler than Jan. 2016! I’m still traumatized from it especially right after experiencing Aug. 2015.

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  3. macpatton

    Hey Fly, what did you think about the Wall Street Journal editor talking about the use of “Lie” with regards to Trump pronouncements?

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  4. it is showtime

    NYSE was sold to Euronext ~ 2011. Euronext consolidated. Transmogrified. Trading control cooperation with Draghi etc. Most people forget this

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