Market Overview - Page 223

Preserving favorable financing conditions over the pandemic period.” Those are the words from the European Central Bank that are likely to come to the fore over the next few months, as the Frankfurt-based organization changes tact after bolstering its 1.85.

U.S. corporate results and profit outlooks are becoming increasingly important in sustaining investor optimism in a stock market rally that has driven valuations close to a 20-year high. With fourth-quarter reports starting to pour in, the benchmark S&P 500 is.

British inflation gathered speed in December as a temporary easing of COVID-19 travel restrictions helped to push up air and sea fares and a rise in global oil prices made fuel more expensive, official data showed on Wednesday. Consumer prices.

President Donald Trump issued dozens of pardons on his last night in the White House, including one to his former campaign chief and ex-White House advisor Steve Bannon. Others who received pardons from Trump included the major Republican fundraiser Eliott.

A new wave of Covid-19 cases in China’s Hebei province triggered transport restrictions in the major steel-producing region. The lockdowns in Hebei include areas surrounding steel mills, limiting the ability to transport the metal to customers. China is the world’s.

Pressure on the euro is easing due to profit-taking from last year’s gains as well as macroeconomic data creating further favourable noise, with EURUSD rising above 1.2130 and EURJPY above 126.20. Earlier today the German ZEW released estimates of economic.

On Tuesday morning the markets are again dominated by purchases of risky assets. MSCI Asia Pacific Index ex Japan jumped 1.6% and the Nikkei225 rose 1.5%. The media attributed this increase to the market reaction of the strong data from.

The United States Financial Crimes Enforcement Network, or FinCEN, recently proposed a series of new regulations applying to financial institutions dealing with digital currencies, such as Bitcoin (BTC). To summarize the proposed regulations, exchanges would essentially be required to file.

The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, has been soaring since the beginning of the new year. What’s more, it has outperformed Bitcoin (BTC) since Jan. 1, gaining roughly 81% compared to Bitcoin’s 26%.

The dollar slipped from close to its highest in nearly one month on Tuesday as caution set in before U.S. Treasury Secretary nominee Janet Yellen testifies later, with traders keeping a close eye on the policies of the incoming Joe.

Oil prices climbed on Tuesday as optimism that government stimulus will buoy global economic growth and oil demand trumped concerns that renewed COVID-19 pandemic lockdowns globally could cool fuel consumption. Brent crude futures for March gained 55 cents, or 1%,.

Asian shares climbed on Tuesday as investors wagered China’s economic strength would help underpin growth in the region, even as pandemic lockdowns threatened to lengthen the road to recovery in the West. Data out on Monday had confirmed the world’s.