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Market Overview - Page 226


Foreigners poured money into China as the world struggled with the coronavirus pandemic
Foreigners poured money into China as the world struggled with the coronavirus pandemic.

Foreigners put more of their money in China last year as the country’s size and growth stood out in a world still trying to manage the coronavirus pandemic. In the capital city of Beijing, foreign investors claimed more than a.

How long will the dollar’s recovery last?
How long will the dollar’s recovery last?.

By Monday morning two independent trends have formed. In the currency market, the dollar continues its rebound, while in the stock market investors are trying to gauge the balance in a mixed bag of economic data across the globe. Data.

Bitcoin open interest hits $8.8B as 45% of BTC options expire in 2 weeks
Bitcoin open interest hits $8.8B as 45% of BTC options expire in 2 weeks.

Over the past two months the open interest on Bitcoin options has held reasonably steady even as the figure increased by 118% to reach $8.4 billion as (BTC) price rose to a new all-time high. The result of Bitcoin’s price.

Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations
Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations.

According to a report by local media outlet Tasmin News Agency on Sunday, 45,000 mostly powerful application-specific integrated circuit (ASIC) machines were confiscated. The machines had purportedly been consuming 95 megawatts per hour of electricity at a reduced rate, according.

Former Canadian prime minister names Bitcoin as possible reserve currency
Former Canadian prime minister names Bitcoin as possible reserve currency.

Stephen Harper, who served as prime minister of Canada for nine years, says there may be a place for Bitcoin and central bank digital currencies as part of a basket of reserve currencies to replace the dollar. In an interview.

UK house prices fall as buyers struggle for time to beat stamp duty deadline
UK house prices fall as buyers struggle for time to beat stamp duty deadline.

Property prices are falling as buyers surge to find more homes amid the COVID-19 pandemic, despite slim chances of beating the stamp duty holiday cutoff date. According to data from property portal Rightmove (RMV.L), the number of sales agreed is.

U.S. Equity Futures Retreat, Dollar Edges Higher
U.S. Equity Futures Retreat, Dollar Edges Higher.

Markets were mildly risk-off on Monday as investors weighed strong economic data from China, U.S. President-elect Joe Biden’s stimulus plans and surging coronavirus trends. Carrefour SA tumbled 5.8%, leading Europe’s Stoxx 600 lower, after Canada’s Alimentation Couche-Tard Inc.

West tells Russia to free Kremlin critic Alexei Navalny, Moscow pushes back
West tells Russia to free Kremlin critic Alexei Navalny, Moscow pushes back.

Western nations told Russia to immediately free detained Kremlin critic Alexei Navalny on Monday, a day after he was detained at a Moscow airport after flying home for the first time since he was poisoned last summer. Russia quickly rejected.

WhatsApp delays privacy update over user ‘confusion’ and backlash about Facebook data sharing
WhatsApp delays privacy update over user ‘confusion’ and backlash about Facebook data sharing.

WhatsApp has delayed a privacy policy update that caused confusion and backlash among users over fears it could mean broader data sharing with the messaging app’s owner Facebook. “We’ve heard from so many people how much confusion there is around.

China says its economy grew 2.3% in 2020, but consumer spending fell
China says its economy grew 2.3% in 2020, but consumer spending fell.

China reported Monday that its economy grew 2.3% last year as the world struggled to contain the coronavirus pandemic. Gross domestic product rose by 6.5% in the fourth quarter from a year ago, official data from the National Bureau of.

Weak US sales report highlighted the relief package importance
Weak US sales report highlighted the relief package importance.

Earlier we urged traders not to attach too much importance to rising jobless claims, but with the very weak retail sales report today we now have a more alarming signal of a waning US recovery. In December, headline sales fell.

Some Asian Traders Are Using Polkadot to Predict Bitcoin’s Future
Some Asian Traders Are Using Polkadot to Predict Bitcoin’s Future.

As prices for bitcoin and other cryptocurrencies continue to surge this year, many traders are looking for any indicator for when – or if – the bull market will come to an end. Some are convinced they have the answer:.

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