News & Comments

Wednesday, June 22, 2016

#Russia - doping: Athletes hope to escape Olympics ban: Al Jazeera English

Published on 21 Jun 2016

Russian athletes may be able to escape a ban from the Rio Olympics in August. Their careers were in limbo after the world governing body for athletics imposed a ban over allegations of state-sponsored doping.

The International Olympics Committee supported this suspension, but has made some concessions, as Al Jazeera's Andrew Simmons reports from Cheboksary in central Russia.

Summit Therapeutics (LON:SUMM) "can alter treatment paradigm" for CDI: ProactiveInvestors Stocktube

Published on 21 Jun 2016

Summit Therapeutics (LON:SUMM NASDAQ:SMMT) Senior Director Richard Pye tells Proactive Investors that their treatment Ridinilazole can trump current treatments for Clostridium Difficile Infection (CDI). "We think this can really alter the treatment paradigm" he says.

Pye says the current treatments for CDI are actually quite good at killing the infection but they then cause more damage to the patient's microbiome - bacteria in the gut that fights infections. "We are able to both treat the initial infection and allow the patient to have their microbiome providing natural protection against developing recurrent disease" he says.

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Man Plays Piano While Floating in the Arctic Ocean: ABC News & Greenpeace (full video)

Published on 21 Jun 2016

Acclaimed pianist Ludovico Einaudi performed on a floating platform to draw attention to conservation efforts in the Arctic.

#Ukraine - Pan-Orthodox Gathering: Ukraine church awaiting decision on its autocephaly from Moscow Patriarchate: UKRAINE TODAY

Published on 21 Jun 2016

Ukraine is passionately awaiting the decision of the Pan-Orthodox Council currently being held on the Greek island of Crete.

Earlier Ukraine's Parliament (Verkhovna Rada) officially addressed His All Holiness Bartholomew I, the Archbishop of Constantinople, New Rome and Ecumenical Patriarch to grant autocephaly to the Orthodox Church in Ukraine that is currently subordinate to Moscow's Patriarchate.

The deputies asked to recognize the Act of 1686 according to which the Kyiv metropolitan was allegedly attached to the Moscow Patriarchate.

The unique gathering of Eastern Orthodox Christianity Churches started on June 19th after a thousand-year-break. Nearly a century ago the representatives of the confessions started negotiations of a new Pan-Orthodox gathering, full of scandals and intrigues mixed with preparations hindered by wars, Soviet cadency, and internal manipulations. The preparations for this event began in 1961 with an aim to deal with the problems within the Orthodox Christianity. The political issues are seemingly prior to religion.

The Winklevoss Twins' Bitcoin Exchange Opens in the U.K. Bloomberg

Published on 21 Jun 2016

June 21 -- Cameron Winklevoss, co-founder and president at Gemini, and Tyler Winklevoss, co-founder and chief executive officer at Gemini, explain the function of their newly-launched U.K. bitcoin exchange and the similarity in trading between bitcoin and gold. They speak on "Bloomberg ‹GO›."

WTI Crude Oil and Natural Gas Forecast June 22, 2016: DailyForex

Published on 21 Jun 2016

The WTI Crude Oil market initially fell during the day on Tuesday but found enough support just above the $40 level to turn things around and form a hammer. That of course is a positive sign, so we can break above the top of the hammer I believe that the market will continue to grind its way higher, perhaps trying to continue the longer-term uptrend. Ultimately, pullbacks will continue to be very important as they represent value in this very bullish market. I believe that given enough time we could break out, but if we end up making a “lower low” at the $46 level, that could be the beginning of a very negative move. Ultimately, the market looks like it is going to be very volatile in the short-term, so having said that it’s likely that short-term charts will probably be the best way to go.

For more daily news and technical analysis visit: http://www.dailyforex.com

Russia May Sell Stakes in Oil Giant Rosneft to China, India: Bloomberg

Published on 20 Jun 2016

June 20 -- Vladimir Putin is considering selling part of Russia’s corporate crown jewels to China and India as the president struggles to meet spending commitments before his possible re-election bid in less than two years. Bloomberg's Rosalind Chin and Angie Lau report on "First Up."

Trading Video: Pound, Dollar, Risk Intensify Focus on Approaching Brexit Vote: Forex News by DailyFX

Published on 21 Jun 2016

Talking Points:

• Brexit-charged GBP/USD volatility duped many with a false break of the 200-day moving average
• Unease is growing in risk trends with trend drying up for the likes of SPX while USD's sensitivity reflects focus
• Pound, Euro, Dollar and Yen all batten down for the Brexit - few outlets left for low-risk trade opportunities

Read the full article here:
https://www.dailyfx.com/forex/video/d...