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Market Overview - Page 234


NFP will tell us if the dollar has paused its slump or is about to turn up
NFP will tell us if the dollar has paused its slump or is about to turn up.

The US dollar got a break in its decline thanks to the optimism of market participants. The dollar index is up 0.5% in the last 24 hours, the biggest gain in two months. This is also a sign of how.

Google searches for ‘Ethereum’ hit all-time high
Google searches for ‘Ethereum’ hit all-time high.

More people are searching for the word “Ethereum” now than ever before in its history. Google Trends reveals that the number of Google searches currently being performed for “Ethereum” is at an all-time high, eclipsing search interest during the height.

Latest global lockdowns delay fuel demand recovery
Latest global lockdowns delay fuel demand recovery.

Severe mobility restrictions across Europe to contain a surge in COVID-19 cases weighed on fuel sales, weakening the prospect of energy demand recovery in the first half of 2021. Most of Europe is now under strictest restrictions, the Oxford stringency.

Oil hits 11-month highs on Saudi output cut pledge, equities rally
Oil hits 11-month highs on Saudi output cut pledge, equities rally.

Oil prices on Friday hit 11-month highs and were on track for a strong weekly gain as a rally in global equities fed risk appetite and stoked bullish sentiment following Saudi Arabia’s pledge to cut output. Brent crude climbed 39.

Bitcoin slides more than 5% after topping $40,000 for first time
Bitcoin slides more than 5% after topping $40,000 for first time.

Bitcoin fell more than 5% on Friday, a day after topping $40,000 for the first time. The world’s most popular digital currency slid to as low as $36,618.36 on Bitstamp exchange, after reaching an all-time high of $40,402.46 in the.

Asian stocks soar to record highs on global recovery hopes
Asian stocks soar to record highs on global recovery hopes.

Asian shares vaulted to record highs on Friday and Japan’s Nikkei hit a three-decade peak as investors looked beyond rising coronavirus cases and political unrest in the United States to focus on hopes for an economic recovery later in the.

Israel’s Covid vaccine rollout is the fastest in the world — here are some lessons for the rest of us
Israel’s Covid vaccine rollout is the fastest in the world — here are some lessons for the rest of us.

While the U.S., U.K. and Europe attempt to ramp up their own Covid vaccination drives, one country is outpacing them all: Israel. Israel’s vaccination drive began on Dec. 19 with Prime Minister Benjamin Netanyahu the first person to be vaccinated.

Hyundai Motor says it’s in early talks with Apple to develop a car, sends shares soaring 19%
Hyundai Motor says it’s in early talks with Apple to develop a car, sends shares soaring 19%.

Shares of Hyundai Motor surged 19% after the South Korean automaker said it was in early-stage talks with Apple over potentially working together to develop an electric car. “We understand that Apple is in discussion with a variety of global.

Trump finally concedes Biden will become president
Trump finally concedes Biden will become president.

President Donald Trump on Thursday admitted, for the first time in his own words, that President-elect Joe Biden’s administration would take charge on Jan. 20. Without mentioning Biden by name, Trump in a nearly three-minute video said “a new administration.

Jobless Claims data sparked USD & share purchases
Jobless Claims data sparked USD & share purchases.

Markets turned to buy US equities and the US dollar in early trading on Wall Street amid investor optimism. Apart from news of Biden’s confirmation as president and the Democrats’ majority in the Senate, macroeconomic reports somewhat alleviated fears. Record.

Expected Rise in Ether-Bitcoin Volatility Points to Altcoin Season Ahead
Expected Rise in Ether-Bitcoin Volatility Points to Altcoin Season Ahead.

The spread between the six-month implied volatility (IV) for ether (ETH, +7.29%) and bitcoin (BTC, +9.46%) – a measure of the expected relative price volatility between the two – has risen to a record high of 46%. That surpasses the.

UK crypto community reacts as FCA derivatives ban goes into effect
UK crypto community reacts as FCA derivatives ban goes into effect.

On Wednesday, the decision by the United Kingdom’s Financial Conduct Authority to ban crypto futures and exchange-traded notes finally went into effect. The FCA initially announced the ban back in October 2020 following a year-long consideration of the matter. At.

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