Market Overview - Page 195

The European Central Bank is aiming to stop bond yields from rising before the pandemic-hit euro zone economy is ready to digest higher borrowing costs, the ECB’s chief economist Philip Lane said in an interview published on Tuesday. The ECB’s.

Asian stocks rose on Tuesday, tracking Wall Street’s advance to record highs, as investors anticipated the U.S. Federal Reserve and other central banks meeting this week will keep policies accommodative to help drive a post-pandemic global economic recovery. European shares.

Chinese President Xi Jinping called for the acceleration of laws and rules for so-called “platform” companies, a sign that Beijing will further crack down on the country’s technology giants. “Some platform companies’ development is not standard and risks exist,” Xi.

Odds are high the Fed will move markets this week, no matter how hard it tries not to. With the surge in interest rates and rebounding economy, the Fed’s easy policies are in the spotlight, and increasingly the question has.

Taiwan’s outsized role in chipmaking has come under the spotlight as a global shortage of semiconductors forced several automakers to halt production. Countries including the U.S. and Germany reached out to Taiwan to help alleviate bottlenecks in the production of.

Global stock markets took a small step up at the opening of markets on Monday. However, overall we can speak of a very mixed sentiment. The complex market picture we have seen in previous weeks is still in place after.

Bitcoin (BTC) pared some gains, dipping below $60,000 on March 14, a day after setting a new all-time high of $61,950 on Binance. However, on-chain data indicates that the uptrend is likely to continue in the near term. One key.

Over the past ten years, Bitcoin has beaten out all over asset classes by at least a factor of 10. The milestone was noted by Compound Capital Advisors’ CEO and founder, Charlie Bilello, who compiled the performances of the top.

All eyes will be on the Federal Reserve’s meeting next week as traders put pressure on the central bank to prevent a de-stabilizing rise in bond yields. Yet the U.S. central bank is likely to stick to its messaging that.

The dollar gained for a second consecutive session on Monday as rising U.S. Treasury yields forced traders to cut their bearish dollar bets to four-month lows. Benchmark 10-year Treasury yields were trading at 1.6320% on Monday, close to Friday’s top.

Global stock prices inched higher while U.S. bond yields hovered near a 13-month peak on Monday as investors bet U.S. economic growth will accelerate after the $1.9 trillion stimulus bill President Joe Biden signed into law last week. The rollout.

India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters in a potential blow to millions of investors piling into the red-hot asset class. The.