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Market Overview - Page 244


US Housing market becomes even hotter
US Housing market becomes even hotter.

Fresh news on house prices in the US brings back memories of the turn of the century’s credit boom period. The S&P/Case-Shiller index marked an acceleration to 9.1% YoY in November across the 20 metropolitans, the highest since mid-2014. However,.

Risk-off on markets, but too early to panic
Risk-off on markets, but too early to panic.

Stock markets are losing ground Tuesday morning. Asian indices are down more than 1%, and US stock futures came under sustained selling pressure visible on the intraday charts. For the Asian markets, this is the worst drop in two months,.

Harvard, Yale, Brown Endowments Have Been Buying Bitcoin for at Least a Year: Sources
Harvard, Yale, Brown Endowments Have Been Buying Bitcoin for at Least a Year: Sources.

Some of the largest university endowment funds in the U.S. have been quietly buying cryptocurrency for the past year or so through accounts held at Coinbase and other exchanges, CoinDesk has learned. According to two sources familiar with the situation,.

3 reasons why Ethereum price is still on track to top $2,000
3 reasons why Ethereum price is still on track to top $2,000.

After dropping 27% over three days, Ether (ETH) price finally reached a bottom at $1,040 on Jan. 22. The sharp correction liquidated $600 billion worth of future contracts but interestingly, Ether price rebounded to a new all-time high even as.

Google stops donations to U.S. Congress members who voted against election results
Google stops donations to U.S. Congress members who voted against election results.

Alphabet Inc’s Google said on Monday it will not make contributions from its political action committee this election cycle to any Congress member who voted against certifying the results of the presidential election. Earlier this month, following the violent storming.

Dollar gains as stimulus nerves nudge investors to safety
Dollar gains as stimulus nerves nudge investors to safety.

The U.S. dollar rose on Tuesday as rising coronavirus cases and doubts over the speed and size of U.S. stimulus tempered traders’ upbeat mood, while investors were also cautious ahead of the Federal Reserve’s policy review later in the week..

Asian stocks post biggest fall in two months on U.S. stimulus worries
Asian stocks post biggest fall in two months on U.S. stimulus worries.

Asian stocks fell on Tuesday, retreating from record highs as lingering concerns about potential roadblocks to the Biden administration’s $1.9 trillion stimulus weighed on sentiment, dragging U.S. Treasury yields to three-weeks lows. The lower risk appetite lent some support to.

ECB’s Lagarde says pandemic recovery might be delayed, but shouldn’t be derailed
ECB’s Lagarde says pandemic recovery might be delayed, but shouldn’t be derailed.

European Central Bank President Christine Lagarde hopes that 2021 will still be the year of economic recovery post-pandemic, despite strict lockdowns and concerns over new Covid-19 variants. “Our hope is that still 2021 is the year of recovery but in.

UBS posts 137% jump in fourth-quarter profit
UBS posts 137% jump in fourth-quarter profit.

UBS, the world’s largest wealth manager, has reported net income of $1.71 billion for the fourth quarter of 2020, a 137% jump on the year before. Analysts had expected income to come in at $967 million for the three-month period,.

Hong Kong falls more than 2% as shares in Asia decline
Hong Kong falls more than 2% as shares in Asia decline.

Stocks in Asia declined in Tuesday trade as major indexes on Wall Street saw fresh closing highs overnight. The Hang Seng index in Hong Kong led losses among the region’s major markets, falling more than 2% by the afternoon. Mainland.

The dollar is under pressure again
The dollar is under pressure again.

Asian indices and US index futures were firmly on the upside Monday morning. The Nasdaq100 rewrote all-time highs before trading opened in the US, while the S&P500 and Dow Jones futures remain some distance from their highs of last week..

Aave hits record $288 high as demand for flash loans and staking increases
Aave hits record $288 high as demand for flash loans and staking increases.

Aave (AAVE) price has been on an absolute tear for weeks and today the DeFi-token rallied to a new all-time high at $288.90. The decentralized finance protocol is one of the most popular in the market and the recent rally.

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