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Market Overview - Page 136


Weak ADP Employment numbers pressured USD
Weak ADP Employment numbers pressured USD.

The private sector in the US slowed down sharply in new hiring. According to ADP calculations, companies created 374k new jobs in August after 326k in July, markedly weaker than the forecast 640k. We, and probably markets too, are already.

China to ban kids from playing online games for more than three hours per week
China to ban kids from playing online games for more than three hours per week.

Kids and teens under 18 years old in China will only be allowed up to three hours per week to play online video games, according to new rules published Monday by China’s National Press and Publication Administration. The move is.

Britain’s economy is already seeing a rapid shift due to climate change
Britain’s economy is already seeing a rapid shift due to climate change.

Climate change could spark major shifts in British produce in the coming decades as the country attempts to avoid a “catastrophic” environmental fallout, experts have said. At the end of July, the U.K.’s Royal Meteorological Society published its State of.

South Korea passes bill limiting Apple and Google control over app store payments
South Korea passes bill limiting Apple and Google control over app store payments.

South Korea’s parliament has approved a bill that will make it the first country to impose curbs on Google and Apple’s payment policies that force developers to only use the tech giants’ proprietary billing systems. The legislation will become law.

OnlyFans Shows How the Banking System Is Politicized
OnlyFans Shows How the Banking System Is Politicized.

Recently, the noted content subscription service, OnlyFans, announced a move away from sexual content. Specifically, the platform announced a ban on explicit and sexual content (while still permitting some more innocuous nude content). The move raised eyebrows; OnlyFans banning sexual.

Stocks Wobbly After Hitting Record; Dollar Falls
Stocks Wobbly After Hitting Record; Dollar Falls.

Stocks fluctuated as traders assessed whether lofty valuations can withstand the unwinding of pandemic-era stimulus. The S&P 500 edged lower after hitting its 12th all-time high in August, while European shares retreated as a governing member of the region’s central.

The Chinese market has accumulated upside potential
The Chinese market has accumulated upside potential.

The Chinese market is lagging behind Wall Street and European indices due to the ongoing regulatory pressure. Investor sentiment in the region is also under pressure from worsening macroeconomic indicators. The latest initiatives by the Chinese government include a strict.

Is the time right for $50K BTC? 5 things to watch in Bitcoin this week
Is the time right for $50K BTC? 5 things to watch in Bitcoin this week.

Dollar comedown as stocks set for even higher highsStocks hit fresh all-time highs last week on the back of comments from Fed Chair Jerome Powell. Correspondingly, the strength of the U.S. dollar took a hit, and the U.S. dollar currency.

China’s regulatory crackdown has wiped billions off tech stocks — here are the risks ahead
China’s regulatory crackdown has wiped billions off tech stocks — here are the risks ahead.

Chinese authorities have introduced a slew of legislation in the past few months, largely aimed at the tech sector — a move that’s spooked investors and wiped out billions of dollars in value from the country’s internet giants. The legislative.

Euro zone sentiment eases more than expected in August
Euro zone sentiment eases more than expected in August.

Euro zone economic sentiment eased more than expected in August from a record high in July, hit by a sharp drop in optimism in France and the Netherlands, while selling price expectations peaked. The European Commission’s economic sentiment index, released.

Israel doubles down on booster shots as daily Covid cases set new record
Israel doubles down on booster shots as daily Covid cases set new record.

Israeli lawmakers are keen to avoid another lockdown after overseeing one of the world’s fastest vaccination drives. New daily coronavirus infections, however, have just climbed to record levels. While many nations were grappling with the rapid spread of the highly.

U.S. winds down Kabul mission after helping evacuate 116,000 people in just over 2 weeks
U.S. winds down Kabul mission after helping evacuate 116,000 people in just over 2 weeks.

The United States is a day away from ending its evacuation mission in Kabul, marking the apparent end of a 20-year Western attempt to create a stable democracy in Afghanistan. As of early Monday, Western forces evacuated 1,200 people out.

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