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Yahoo Finance's morning wrap for Monday

Monday morning wrapup. Source: Yahoo Finance
Monday morning wrapup. Source: Yahoo Finance

Good morning!

This is what you should know about this morning.

Thinking of buying Bitcoin after recent declines? Here’s what you need to know

The price of Bitcoin is falling, but that’s no reason to buy.

The Australian dollar is under pressure as concerns about the global economy continue to grow

The Australian dollar is under pressure, weighed down by sharply lower commodity prices and further losses in stocks. European economic data has raised doubts over whether the slowdown in the September quarter was temporary in nature.

Scott Morrison will hold crisis talks after the Liberal bloodbath in the Victorian state election

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Prime Minister Scott Morrison and his deputy Josh Frydenberg will hold crisis talks with Victorian federal MPs on Monday, after the rout of the Liberal Party in Saturday’s state election raised fears that up to six federal Coalition seats in and around Melbourne could be lost.

All the wrong signs are there. Is a recession on the cards?

Nine turbulent weeks and a correction in U.S. stocks have left analysts with a thorny question. What’s the market saying about the economy?

Theresa May inks Brexit deal with EU but her Cabinet is plotting

Theresa May has signed off her Brexit deal with EU leaders – but her Cabinet are already preparing to rip up the deal when it is thrown out by the UK parliament.

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