Thursday, 20 August 2015

Samurai Summary: Top Tweets 20/08/2015

Coming out in the US session was the all important Fed Minutes which were much anticipated in search of any clues as to when the Fed expects to lift interest rates. Although the Fed all but discounted the chance of a September hike they did indicated the the clock was ticking closer to the time...like we haven't heard that one before.
If you one of the 38 million users of the adultery website AshleyMadison.com chances are you're secrets are about to be revealed. Early yesterday hackers calling themselves "The Impact Team" released 32 million users personal information onto the dark web. This includes credit card details, addresses, usernames and passwords. Social media has been abuzz since the release with authorities still searching for the culprits. Something on this scale does call into question the safety of the internet when one thinks of the amount of information we store online.


With the Platinum price plunging to fresh lows in years most platinum producers have been taking strain and we've seen a barrage of announcements from mining companies suggesting closure of mines to plug holes in their bank balances. With no support from the SA government, the situation is turning into a crisis by the day.


With the chaos which has descended on global financial markets of late, some light bit of humour does help in easing off some concern. This one from Tradingmemes.com taking a laugh at the Non-farm payrolls guesstimates.

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