Market Overview - Page 191

The findings of a large U.S. trial have shown that the coronavirus vaccine developed by AstraZeneca and the University of Oxford is 79% effective in preventing symptomatic illness and 100% effective against severe disease and hospitalization. The safety and efficacy.

Federal Reserve Chairman Jerome Powell said Monday that cryptocurrencies remain an unstable store of value and the central bank is no hurry to introduce a competitor. “They’re highly volatile and therefore not really useful stores of value and they’re not.

Worsening tensions between the European Union and China could jeopardize an investment deal that the two sides recently negotiated. The EU on Monday imposed sanctions on four Chinese officials and one entity for human rights abuses in China’s northwestern Xinjiang.

Bitcoin (BTC) dropped to its lowest in two weeks on March 23 amid fears that bulls were running out of appetite to buy. Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD hitting local lows of $53,125 on Bitstamp overnight..

US existing home sales fell 6.6% in February to an annualised rate of 6.22M. Economists, on average, had forecast a drop of less than half that, but bad weather made a more substantial adjustment to economic activity than previously estimated..

The Turkish lira started the week with a 16% plunge due to the Turkish president’s sacking of the central bank governor. At 8.4 per dollar and 10 per euro, the lira was near historic lows. Since last November, the lira’s.

While Bitcoin is up 900% in the last 12 months, shares in the four largest publicly-traded mining firms are up 5,000% over the same period. Despite the top publicly-listed Bitcoin mining firms operating at losses, their share prices have dramatically.

Wall Street giddyness in recent weeks stands in stark contrast to the pandemic panic of one year ago. U.S. stocks on Tuesday will mark the one-year anniversary of the market low as the spread of the COVID-19 and government lockdowns.

Many Asian countries are accelerating the rollout of AstraZeneca’s COVID-19 vaccine after confidence in its safety was hit, following reports that the shot was linked to rare blood clots in Europe earlier this month. After briefly halting its use, many.

The deep anger among some pro-British unionists in Northern Ireland over post-Brexit trade barriers that cut it off from the rest of the United Kingdom is emblazoned along the road from Belfast to the mainly Protestant port town of Larne..

U.S. stock futures were mixed early Monday morning as Wall Street looked to bounce back from a losing week. Futures contracts tied to the Dow Jones Industrial Average declined 41 points. Meanwhile, those for the S&P 500 were little changed.

The Turkish lira slumped toward a record low versus the dollar after President Tayyip Erdogan stunned investors over the weekend by replacing the hawkish central bank governor with a critic of high interest rates. The yen rose against the euro.