Market Overview - Page 190

Global stock markets returned to growth after the US markets closed on a positive note. Although the Nasdaq closed Thursday with a token gain of 0.1 per cent, it managed to recover from an almost two per cent slump intraday..

With Coinbase’s highly anticipated direct listing IPO expected to take place next month, options traders appear to be betting that Bitcoin will once again soar to new all-time highs in the coming weeks. On March 24, the founders of crypto.

Blockchain security provider Sigma Prime has announced its first merge transaction between the two Ethereum networks. The transaction was made by its Lighthouse client using only Proof of Stake validators, it stated in a March 25 tweet. It added that.

Oil prices bounced back on Friday from a plunge a day earlier on concerns that a large container ship that ran aground in the Suez Canal may block the vital shipping lane for weeks, squeezing supply. Prices, however, were still.

Japan’s factory output likely fell in February partly due to a global shortage of automotive chips, which has further damaged an economy already reeling from the coronavirus crisis, a Reuters poll found on Friday. The poll also found retail sales,.

Asian shares bounced back from a three-month low on Friday thanks to a late-day rally on Wall Street as optimism about the global economic recovery was overshadowed by rising tensions between the West and China. MSCI’s ex-Japan Asia index rose.

Banks will be able to accelerate dividends and buybacks to shareholders this year, but not until June 30 and provided they pass the current round of stress tests, the Federal Reserve announced Thursday. The biggest Wall Street institutions have been.

The stranded mega-container vessel, Ever Green in the Suez Canal, is holding up an estimated $400 million an hour in trade, based on the approximate value of goods that are moved through the Suez every day, according to shipping data.

Data for the year so far show signs that China is starting to crack down on debt. A first-quarter survey by the China Beige Book released Thursday found that borrowing by state-owned enterprises dropped to the lowest in the study’s.

The tanker blocking the Suez Canal provided much-needed help for oil, stopping a sell-off and restoring growth. Thanks to the tanker incident, the price received support on the downside towards 60/bbl Brent. On the tech analysis side, oil received a.

Oil prices fell more than 1% as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug boats struggled to move a stranded container ship blocking crude oil carriers in the Suez Canal. Brent crude futures slid.

They call it “max pain” in the bitcoin options market: How to make one’s trading counterparty suffer the most. Although the largest cryptocurrency was changing hands Wednesday around $56,500, traders were handicapping the odds of a plunge to about $44,000.