Market Overview - Page 199

The weak retail sales and industrial production data published on Tuesday briefly triggered a “the worse, the better” reaction in the markets. February’s 3% fall in retail sales and a 2% fall in industrial production temporarily put pressure on long-term.

Over the past two months, the open interest on Bitcoin options increased by 60% to reach $13.5 billion as the BTC price rose to a new all-time high. The result of Bitcoin’s price appreciation and the rising options open interest.

Coinbase Pro is adding support for Cardano’s ADA (+22.39%), with trading beginning Thursday once sufficient supply of ADA is established on the platform, the exchange said Tuesday. Trading will start on or after 16:00 UTC (12 p.m. ET) March 18.

XRP, the digital token used in Ripple Labs’ payments network, was outperforming bitcoin and other major cryptocurrencies on Tuesday, with a longer-duration technical indicator flashing a bullish signal. The token’s price was around 48 cents at press time, up 9%.

Asian stocks fell on Wednesday, tracking Wall Street as investors waited to see if the U.S. Federal Reserve will signal a faster path toward policy normalisation than previously expected. The U.S. central bank ends a two-day meeting later in the.

Trading in oil futures is now as heavy as it was in the first months of the COVID-19 crisis, according to market data and analysts, with oil bulls and bears rushing to hedge against jolts in the steady rise of.

U.S. stock futures were flat in overnight trading as investors await the outcome from the Federal Reserve’s two-day policy meeting and comments from Fed Chair Jerome Powell on Wednesday. Dow futures rose 10 points. S&P 500 futures gained 0.02% and.

Shares of the electric car maker Tesla are going to see sharp falls as interest rates increase after the coronavirus crisis, Lansdowne Partners fund manager Per Lekander told CNBC. Lekander told CNBC’s “Squawk Box Europe” Tuesday that he thinks Tesla.

While much of the world is still dealing with the coronavirus pandemic, China’s economy is showing signs that it has already passed the peak of a domestic recovery. One sign the initial burst is over lies in commodity prices. China.

US retail sales fell by 3.0% for February after rising 7.6% (revised from 5.3%) a month earlier. Sales were up 6.5% compared to the same month a year earlier, as growth slowed down from 9.3% y/y in January.The data came.

Oil prices are showing clear signs of rally exhaustion after doubling in price since November. Oil growth has stalled, unable to make new local highs against a very favourable external backdrop. Such slippage is an early signal of a possible.

The excitement surrounding NFTs is showing no signs of slowing down, with the top four decentralized NFT apps driving more than $10 million in daily volume. According to decentralized application data aggregator DappRadar, NBA Top Shot, CryptoPunks, Mooncats, and Sorare.