Market Overview - Page 233

An experimental Covid-19 vaccine developed by Chinese biopharmaceutical company Sinovac is 91.25% effective, a Turkish health official said on Thursday. Dr. Serhat Unal, an infectious disease expert serving on Turkey’s medical board, said the finding is based on early results.

Britain and the European Union agreed Thursday on new Brexit trading arrangements more than four years after the U.K. voted to leave the bloc, narrowly avoiding a potentially disastrous no-deal scenario. The two sides reached a “zero tariff-zero quota deal”.

At the close of trading next Thursday, the bull market will be ready to run into 2021 but probably at a slower pace. January is the month that Wall Street tradition says sets the tone for the year — “so.

As 2020 draws to a close, many investors consider Asia as the region with one of the best economic prospects next year thanks to its relatively better control of the coronavirus outbreak. But a recent surge in Covid cases in.

A proposal by the U.S. Financial Crimes Enforcement Network (FinCEN) that would require crypto exchanges to collect personal information, including names and home addresses, from individuals seeking to transfer cryptocurrencies into their own wallets is poorly defined and could have.

Bitcoin (BTC) kept the volatility coming on Dec. 23 as a dive to $22,800 sparked a lightning-fast rally to classic $24,000 resistance. Data from Cointelegraph Markets, Coin360 and TradingView tracked BTC/USD as factors including panic among XRP traders made unstable.

U.S. stock index futures were higher in early morning trading on Thursday, ahead of the final trading day of the holiday-shortened week. Futures on the Dow Jones Industrial Average advanced 40 points. S&P 500 futures rose and Nasdaq 100 futures.

Oil climbed for a second day on Thursday in light holiday trade as a drawdown in U.S. stockpiles of crude and gasoline raised demand hopes, while hints of an imminent Brexit deal raised investors’ risk appetite. Brent crude futures rose.

Bond yields and sterling jumped Wednesday on reports that a long-awaited Brexit trade deal between Britain and the European Union was close. Officials on both sides have said they are optimistic about the chances of a deal, but some issues.

Nearly one year after the U.S. and China signed the “phase one” trade agreement, Beijing is still far from meeting its committed purchases of American goods, data compiled by the Peterson Institute for International Economics showed. The “phase one” trade.

Shares of Alibaba fell in both Hong Kong and extended-hours U.S. trading as reports surfaced that the Chinese government is conducting an anti-monopoly probe into the tech giant. China’s State Administration for Market Regulation said through official online channels Thursday.

Investors are counting on a weakening dollar to boost rallies in everything from U.S. stocks to emerging markets and industrial metals in 2021. Record-low U.S. interest rates, massive financial stimulus and a growing appetite for risk are among the catalysts.