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Market Overview - Page 237


Germany reported over 45,000 cases on Thursday morning
Germany reported over 45,000 cases on Thursday morning

French President Emmanuel Macron tested positive for Covid-19 on Thursday, the Elysee palace said in a statement. Macron, 42, will self-isolate during seven days, while continuing to work, his office said. Meanwhile, Germany reported over 45,000 cases on Thursday morning,.

The Big Banks Positioned to Ride Bitcoin’s Bull Run
The Big Banks Positioned to Ride Bitcoin’s Bull Run

Traditional banks are now taking the plunge and coming out with crypto-related services. The shift coincides with bitcoin’s price hitting all-time highs in December. Banks may have been looking closely at digital assets for some time now, but have been.

Bitcoin price hits $23K as on-chain analyst says $55K is the ‘next landmark’
Bitcoin price hits $23K as on-chain analyst says $55K is the ‘next landmark’

The Bitcoin price (BTC) has surpassed the $21,000–$22,000 resistance range to rise above a new high of $23,000 on Dec. 17. Meanwhile, on-chain analyst Willy Woo now says $100,000 is a “ridiculously low” target. The $21,000 level was particularly important.

Euro zone inflation confirmed as negative in Nov for fourth month
Euro zone inflation confirmed as negative in Nov for fourth month

Euro zone annual inflation was negative for a fourth consecutive month in November, matching a four-year low, as energy prices were around 8% lower than a year earlier. Inflation in the 19 countries sharing the euro was down 0.3% both.

Lawmakers haggle over details as U.S. Congress closes in on $900 billion COVID-19 aid bill
Lawmakers haggle over details as U.S. Congress closes in on $900 billion COVID-19 aid bill

U.S. congressional negotiators were haggling on Wednesday over details of a $900 billion COVID-19 aid bill that is expected to include $600-$700 stimulus checks and extended unemployment benefits, as a Friday deadline loomed, lawmakers and aides said. Top members of.

Stock futures rise, with stimulus negotiations in focus
Stock futures rise, with stimulus negotiations in focus

U.S. stock futures were higher early Thursday morning as traders kept an eye on Washington, looking for clues about the prospects of additional fiscal aid. Dow Jones Industrial Average futures gained 142 points. S&P 500 and Nasdaq 100 futures also.

French President Emmanuel Macron tests positive for Covid
French President Emmanuel Macron tests positive for Covid

French President Emmanuel Macron has tested positive for Covid-19, according to a statement from the French Presidency. “This diagnosis was established following an RTPCR test performed as soon as the first symptoms appeared,” Macron’s office said on Thursday. The brief.

German PMIs revive euro’s growth momentum
German PMIs revive euro’s growth momentum

Germany is entering its toughest lockdown regime today, but European markets are enjoying a wave of optimism with EURUSD breaking 1.22 and the DAX jumping more than 1%. In both cases, this is a step beyond the established trading ranges.

Will the Fed restore faith in the dollar, and will it hurt shares?
Will the Fed restore faith in the dollar, and will it hurt shares?

The dollar index is hovering near 2.5-year lows ahead of this year’s final Fed meeting. This will be one of the key meetings expected to publish updated economic forecasts and rate expectations as well as adjustments to monetary policy parameters,.

Bitcoin May Have Hit Wall of Profit Takers Around $19,500: Analyst
Bitcoin May Have Hit Wall of Profit Takers Around $19,500: Analyst

Bitcoin’s ascent above $19,500 was cut short early on Tuesday, possibly due to profit taking by large Asia-based investors, according to one analyst. The top cryptocurrency fell from $19,555 to $19,035, with most of the drop unfolding during the two.

Ethereum address creation hits 35-month high: Did XRP provide the Spark?
Ethereum address creation hits 35-month high: Did XRP provide the Spark?

Ethereum address creation hit a 35-month high on December 14 when 177,000 new addresses were added to the network according to analysts from Santiment. The analytics provider reported that its network growth metric showed Ethereum adding 177,500 addresses in a.

BOJ to hold fire in hope extending aid programmes will keep pandemic pain at bay
BOJ to hold fire in hope extending aid programmes will keep pandemic pain at bay

The Bank of Japan is expected to keep monetary policy steady on Friday and hope the extension of an existing fund-aid package will give companies enough time to weather the hit from a recent resurgence in coronavirus infections. A stable.

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