1. DASH Price Jumps 33% Overnight On Kripto Mobile Announcement
Dash announced late on Tuesday that it entered into an exclusive partnership with Kripto Mobile Corporation, to provide Latin Americans with “a new, affordable way of acquiring and using cryptocurrencies for everyday transactions.” The news sent the cryptocurrency rallying by as much as 33% overnight. Today, DASH/USD was last seen trading at 195.00 adding another 10.3% since its last close as of 7:00 GMT.*
2. Gold Prices Tumble As US-China Trade Tensions Come Into Focus
Gold prices edged lower on Wednesday after a brief overnight rally as Canada joined NAFTA talks. It is important to note that a bilateral U.S.-Mexico deal announced on Monday will allow President Donald Trump to impose 25 percent tariffs on imports of Mexican-made passenger vehicles and auto parts above certain volumes. Meanwhile concerns around rising U.S. interest rates and China-U.S. trade relations continued weighing on the noble metal. Gold has fallen 7.5 percent this year as investors increasingly turn to the dollar instead.**
3. American Airlines Group (AAL) Rallies 3%
Among the biggest risers on the S&P 500 on Tuesday August 28 was American Airlines Group Inc. ($AAL), rising by an impressive 2.96% to a price of $40.69 a share with some 7.36 million shares trading hands. Starting the day trading at $39.67, American Airlines Group Inc. reached an intraday high of $40.70 with shares gaining $1.17 a piece by day’s end.***
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*Source: Livebitcoinnews, Aug 28, 2018 · 5:00 PM
**Source: Reuters, Aug 28, 2018 / 6:16 PM
***Source: equities, Aug 28, 2018 17:06 (EST)
