Traders raised their bets on bitcoin to the highest level in 11 months

By the numbers: Long positions have risen by 35% in the last three weeks, while short positions have remained largely unchanged. Long positions are near historic highs, but remain at least 8% below the record high registered on March 26, 2018, Coindesk reports. What’s next? Yves Lamoureux, president and chief behavioral strategist of research firm…

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Palestinian self-home-demolitions: ‘A new level of depravity’

Wadi Qadoum, occupied East Jerusalem – Murad and Johar Hashimeh spent most of Friday removing all the furniture, clothes and other belongings from a room of their modest home in East Jerusalem’s Wadi Qadoum neighbourhood. On Saturday, a bulldozer is set to arrive to demolish the room they’ve lived in for more than 20 years. In 1998,…

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Oil Slides After OPEC Delays Decision on Level of Output Cuts

VIENNA—Saudi Arabia cast fresh doubt on whether the world’s biggest oil suppliers can reach a deal this week to cut production and bolster prices. Late Thursday, Saudi Energy Minister Khaled al-Falih said the group hadn’t reach a deal on the size of a proposed cut and that he was no longer confident of that occurring…

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U.S. Unemployment Rate Falls to Lowest Level Since 1969

WASHINGTON—Unemployment in September hit the lowest level since the Vietnam War, with little indication it is going to shoot back up in the near term. The jobless rate fell to 3.7%, the lowest since December 1969, the Labor Department said Friday. Employers added 134,000 jobs to payrolls, a record 96th straight month of gains. Wages…

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Bank of England Raises Interest Rates to Highest Level Since 2009

Updated Aug. 2, 2018 10:17 a.m. ET LONDON—The Bank of England raised its benchmark interest rate for only the second time in a decade, as worries over inflation outweighed concerns about Brexit and a brewing global trade war. BOE officials voted unanimously to raise the central bank’s policy rate to 0.75% from 0.5% following the…

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