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Market Overview - Page 242


Battleground states urge Supreme Court to reject Texas’ bid to overturn Biden’s wins
Battleground states urge Supreme Court to reject Texas’ bid to overturn Biden’s wins

The battleground states whose presidential election results are being challenged by Texas at the Supreme Court urged the justices on Thursday not to take up the case. The four states targeted in the lawsuit warned in uncharacteristically sharp briefs that.

FDA panel recommends approval of Pfizer’s Covid vaccine for emergency use
FDA panel recommends approval of Pfizer’s Covid vaccine for emergency use

A key Food and Drug Administration advisory panel voted 17 to 4 with one member abstaining on Thursday to recommend the approval of Pfizer and BioNTech’s coronavirus vaccine for emergency use, the last step before the FDA gives the final.

No surprises from ECB and weak US jobless claims pushed EURUSD higher
No surprises from ECB and weak US jobless claims pushed EURUSD higher

The ECB announced new stimulus measures that were broadly in line with expectations, which explains the relatively moderate reaction of the single currency to the central bank’s official comments and fresh forecasts.However, currency traders focused on comments on the euro.

EU leaders to unblock EU budget, recovery fund, set new climate goals
EU leaders to unblock EU budget, recovery fund, set new climate goals

European Union leaders are likely to unblock on Thursday a stalled 1.8 trillion euro package to help revive the economy after the COVID-19 pandemic and agree on new, more ambitious CO2 emissions reduction goals to fight climate change. During the.

U.S. Futures Drop After Tech Slide; Pound Slumps
U.S. Futures Drop After Tech Slide; Pound Slumps

U.S. stock futures turned lower with European equities as investors assessed the dimmed outlook for fiscal stimulus and for any tech-stock reboud after Wednesday’s tumble. Nasdaq 100 contracts signaled the gauge may fall further after its biggest drop in a.

‘Not a good signal’ — Bitcoin miner sell-off risk hits highest in 3 years
‘Not a good signal’ — Bitcoin miner sell-off risk hits highest in 3 years

Bitcoin (BTC) miners appear to be selling large amounts of BTC once again. Data from CryptoQuant shows that the BTC Miners’ Position Index — a metric tracking the ratio of BTC leaving miners’ wallets — achieved a three-year high. This.

Bitcoin will gain from distrust in traditional finance, says bank strategist
Bitcoin will gain from distrust in traditional finance, says bank strategist

Bitcoin (BTC) poses a significant threat to the world’s reserve currency, the United States dollar, according to a strategist at major American investment bank Morgan Stanley. Ruchir Sharma, chief global strategist at Morgan Stanley Investment Management, believes that the dollar’s.

Oil rises above $49 as vaccine release spurs demand hopes
Oil rises above $49 as vaccine release spurs demand hopes

Oil rose above $49 a barrel on Thursday as hopes of a faster demand recovery after the release of COVID-19 vaccines offset a huge rise in U.S. crude inventories that showed supply remains ample. Britain began vaccinations this week and.

US and European policymakers have stifled share growth
US and European policymakers have stifled share growth

The Nasdaq100 index lost about 2% on Wednesday, spreading doubt in Asian markets on Thursday morning. The decline in Nasdaq was triggered by an antitrust lawsuit against Facebook, as well as a 6% decline in Tesla shares after news of.

Brexit: ‘Large gaps’ remain after trade talks with Ursula von der Leyen
Brexit: ‘Large gaps’ remain after trade talks with Ursula von der Leyen

Downing Street said “very large gaps remain” but talks will continue, with a “firm decision” by Sunday on whether a deal can be reached. Mrs von der Leyen said the two sides were still “far apart”. Talks between the UK’s.

Asia-Pacific markets fall as investors keep an eye on Brexit talks, U.S. stimulus hopes
Asia-Pacific markets fall as investors keep an eye on Brexit talks, U.S. stimulus hopes

Asia-Pacific markets mostly declined Thursday as investors kept an eye on Brexit trade talks as well as ongoing negotiations in the U.S. for a coronavirus relief package. The Nikkei 225 in Japan fell 0.39% after market open while the Topix.

17 states tell Supreme Court they support Texas bid to reverse Biden win
17 states tell Supreme Court they support Texas bid to reverse Biden win

Seventeen states whose elections were won by President Donald Trump told the Supreme Court on Wednesday that they support Texas Attorney General Ken Paxton’s bid to file a lawsuit that could effectively reverse President-elect Joe Biden’s projected Electoral College victory..

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