Market Overview - Page 250

OPEC has warned that the “immense challenges” caused by the Covid-19 pandemic were likely to persist into 2021, as the group of oil producers failed to come to an agreement over an extension to its production cut agreement. OPEC and.

Major Chinese companies that are crucial to Beijing’s global trade and infrastructure projects are under threat as U.S.-China tensions escalate — and that could mean more risks for American investors, according to research firm TS Lombard. Last month, U.S. President.

Global stock markets are on the cusp of finishing a record-breaking month sparked by major progress toward a coronavirus vaccine. The MSCI World Index has soared 13% in November, the best performance on record. Trading was muted on Monday, with.

The upcoming week will host one of the most important events for Ethereum ever. On December 1st, the beginning of phase 0 of the Ethereum 2.0 will take place. The event could push ETH to new all-time highs and for.

Bitcoin (BTC) returned to $19,000 on Nov. 30 as a weekend surge continued to produce fresh gains for investors and hodlers. Data from Cointelegraph Markets and TradingView showed BTC/USD retaking another key psychological level during Monday trading. The weekend had.

World shares paused on Monday to assess a record-breaking month as the prospect of a vaccine-driven economic recovery next year and yet more free money from central banks eclipsed immediate concerns about the coronavirus pandemic. Neither Europe or U.S. futures.

OPEC+ members will consider whether to extend existing oil cuts for three to four months or to increase output gradually from January during their two days of talks that start on Monday, OPEC+ sources told Reuters. Officials from the Organization.

Data giant S&P Global has agreed to buy IHS Markit in an all-stock deal worth $44 billion that will be the biggest corporate acquisition of 2020 and create a heavyweight in the increasingly competitive market in financial information. The mega-deal,.

The U.K. and the EU are in the “last leg of negotiations” over a post-Brexit trade agreement, according to Britain’s foreign minister, with only a few weeks left to approve any potential deal. The U.K. stopped being a member of.

Moderna said Monday it will request emergency clearance from the Food and Drug Administration for its coronavirus vaccine after new data confirms the vaccine is more than 94% effective in preventing Covid-19 and was safe. Moderna is the second drugmaker.

The markets are altering slightly at the beginning of the week, but this is unlikely to override the previous achievements of this month. Partly due to the effect of a low base after the drop at the end of last.

Bitcoin may have a tough time charting a V-shaped recovery to recent highs in the short term, with on-chain activity showing increased selling pressure in the market. Blockchain analytics firm CryptoQuant’s exchange inflow indicator – which measures the 144-block (roughly.