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Market Overview - Page 216


Eurozone mulls stimulus calibration when economy restarts after COVID
Eurozone mulls stimulus calibration when economy restarts after COVID.

Euro zone finance ministers are holding initial talks on Monday on when and how the expected pick up in economic activity, and the lifting of pandemic lockdowns, should affect the amounts of cash governments now pump into the economy to.

Global shares hit fresh peak, oil up on Middle East tensions
Global shares hit fresh peak, oil up on Middle East tensions.

Global shares rose for the 11th day in a row to reach a fresh peak on optimism about the rollout of COVID-19 vaccines and new fiscal aid from Washington, while tensions in the Middle East drove oil to a 13-month.

Israeli study finds 94% drop in symptomatic Covid-19 cases with Pfizer vaccine
Israeli study finds 94% drop in symptomatic Covid-19 cases with Pfizer vaccine.

Israel’s largest healthcare provider on Sunday reported a 94% drop in symptomatic Covid-19 infections among 600,000 people who received two doses of Pfizer’s vaccine in the country’s biggest study to date. Health maintenance organization (HMO) Clalit, which covers more than.

Russia open to Musk’s offer of a conversation with Putin via Clubhouse, seeks further details
Russia open to Musk’s offer of a conversation with Putin via Clubhouse, seeks further details.

Russia hasn’t ruled out the idea of President Vladimir Putin talking to Tesla billionaire Elon Musk on social media app Clubhouse, according to multiple media reports. Kremlin spokesperson Dmitry Peskov on Monday told reporters that the proposal was “interesting” but.

Japan’s Nikkei 225 crosses 30,000 for first time in more than three decades; Asia-Pacific stocks rise
Japan’s Nikkei 225 crosses 30,000 for first time in more than three decades; Asia-Pacific stocks rise.

Stocks in Asia-Pacific rose on Monday, with multiple markets in North Asia closed for Lunar New Year holidays. In Japan, the Nikkei 225 surged past the 30,000 level for the first time in more than 30 years, according to data.

Draghi has changed Italy’s political landscape ‘dramatically,’ experts say
Draghi has changed Italy’s political landscape ‘dramatically,’ experts say.

New Italian Prime Minister Mario Draghi is already transforming the political scene in Rome and causing stock markets to surge. In the wake of fresh political chaos, the former European Central Bank president was called upon to become Italy’s new.

BTC miners pocket $4M in 60 minutes, the highest hourly revenue in Bitcoin’s history
BTC miners pocket $4M in 60 minutes, the highest hourly revenue in Bitcoin’s history.

According to data from Glassnode, Bitcoin (BTC) miners made over $4 million in just under an hour on Feb. 12, making it the biggest hourly revenue in history. In May 2020, Bitcoin underwent the third block reward halving in its.

European shares dip
European shares dip.

World shares dipped on Friday as investors awaited progress towards more U.S. fiscal stimulus, while the dollar was set for a weekly loss and cryptocurrency Bitcoin hit a record high. European shares fell at the start of trading, with the.

China New Year travel slumps amid coronavirus curbs
China New Year travel slumps amid coronavirus curbs.

The number of people who travelled in China ahead of Lunar New Year plummeted from two years ago as coronavirus restrictions curbed the world’s largest annual domestic migration. The seven-day celebration, which kicked off on Thursday, is China’s most important.

UK lost 9.9% of GDP in 2020 but ended the year positively
UK lost 9.9% of GDP in 2020 but ended the year positively.

UK GDP data significantly exceeded expectations, but this is of little help to the pound after the release. At the end of the fourth quarter, GDP added 1%, twice as much as expected. The 9.9% fall in 2020 was the.

UK economy slumps by record 10% in 2020 after COVID hit
UK economy slumps by record 10% in 2020 after COVID hit.

Britain’s coronavirus-ravaged economy suffered its biggest crash in output in more than 300 years in 2020 when it slumped by 9.9%, but it avoided heading back towards recession at the end of the year and looks on course for a.

Dwindling cash use is pushing central banks to race toward digital currencies
Dwindling cash use is pushing central banks to race toward digital currencies.

Central banks are accelerating their work on digital currencies and investors are taking note. Earlier this year, the Bank of International Settlements published its latest survey showing that 86% of the 65 central banks it spoke to are doing some.

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