Market Overview - Page 215

Long-term US government bond yields continue to rise. This is already having a noticeable effect on other markets, and stock indices closed Tuesday lower, retreating from record levels. However, the most worrisome shift seems to be in gold. The troy.

EURUSD has resumed climbing, rising to 1.2160 after four sessions of hovering around 1.2120. Buying intensified with higher-than-expected data, with the biggest upside surprise coming from the ZEW. The German economic sentiment index rose from 61.8 to 71.2 vs expected.

In the early hours of Feb. 15, Ether (ETH) price plunged to $1,660, followed by a 9% recovery within 10 hours. The move triggered $280 million in futures contracts liquidations, indicating excessive leverage from longs. Although the initial anxiety regarding.

Bitcoin hit a new record high $60 shy of $50,000 on Tuesday, extending a sharp rally that has been mostly fuelled by big investors beginning to take digital assets seriously. The first and most famous cryptocurrency, bitcoin hit $49,938 and.

Global shares hit record highs on Tuesday and were on track for their longest winning streak in 17 years as investors bet the rollout of COVID-19 vaccines would lead to a durable economic recovery and draw a line under a.

Ratings agency S&P Global Ratings said Tuesday that India is on track to recover from a pandemic-led economic contraction by next year. South Asia’s largest economy could grow 10% in fiscal 2022, the ratings agency predicted in a report. India’s.

Southeast Asia’s support for the U.S. appeared to increase after Joe Biden won the presidential election, according to an annual survey by Singaporean think tank ISEAS Yusof-Ishak Institute. The State of Southeast Asia survey released last week found that 61.5%.

Futures contracts tied to the major U.S. stock indexes rose early Tuesday after finishing strong last week. Dow Jones Industrial Average futures implied an opening gain of about 170 points. S&P 500 futures and Nasdaq 100 futures also traded in.

The Singapore government on Tuesday announced a new fiscal package worth 11 billion Singapore dollars ($8.3 billion) to support Covid vaccination efforts and economic segments hit hard in the pandemic. Finance Minister Heng Swee Keat, in his annual budget speech,.

The Asian markets that continue to operate are mostly growing today, pointing to a 12th consecutive trading session of global equities gains. Asia’s Nikkei225 is moving further into the region of 31-year highs above 30,000. However, this is happening on.

Mining revenue growth was helped by the leading cryptocurrency’s performance last week following a string of positive developments, culminating in bitcoin (BTC, -1.2%) hitting new record highs over the weekend just below $50,000. “Despite decreasing block reward, mining revenue on.

In the last 24 hours, $1.89 billion worth of futures positions have been liquidated after Bitcoin (BTC) and Ether (ETH) sharply fell, with BTC reaching below $46,000 on Binance. Most of the liquidations came from Bitcoin and Ether, which accounted.