There are three top reasons for Bitcoin’s failure to reach the masses, according to experts and relevant reports. One of them is trust. "The biggest problem, rather ironically is trust,” says Clement Thibault, Senior Analyst at Investing.com. “Most people don't understand the digital currency and only see Bitcoin's erratic price movement. A lack of understanding coupled with wild price swings create a negative environment for adoption.” ...
Consumer prices in Australia were up 0.4 percent on quarter in the fourth quarter of 2018, the Australian Bureau of Statistics said on Wednesday - unchanged from Q3 and in line with expectations. more...
New Zealand posted a merchandise trade surplus of NZ$264 million in December, Statistics New Zealand said on Tuesday - representing 4.8 percent of exports. more...
Economic activity has continued to increase in most of the U.S., according to the Federal Reserve's Beige Book released Wednesday afternoon, although the report also hinted at a deterioration in optimism. more...
Minutes from the Federal Open Market Committee's latest meeting confirmed Federal Reserve Chairman Jerome Powell's recent remarks suggesting the central bank will take a patient approach to further interest rate increases. more...