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Market Overview - Page 251


The soft tone of Fed members pushed the Dollar back down
The soft tone of Fed members pushed the Dollar back down.

In New York trading the US dollar reversed to a decline from the upper bound of the downtrend that began late September. Sellers of the dollar allowed it to correct the fall to 76.4% of the last downward impulse, but.

Crypto leaders worry over threat from ‘big tech’ censorship
Crypto leaders worry over threat from ‘big tech’ censorship.

Social media users are leaving traditional providers in droves in favor of more independent platforms over fears of unwarranted data collection, censorship, and refusal of service. A change to WhatsApp’s terms of service has triggered a mass exodus from the.

Top 100 Bitcoin addresses accumulated $11B more BTC in the past 30 days
Top 100 Bitcoin addresses accumulated $11B more BTC in the past 30 days.

The top 100 richest Bitcoin addresses are increasingly bullish, accumulating 16% more Bitcoin over the last 30 days. In total these addresses added 334,000 more Bitcoin to their bags, or around $11 billion worth. The majority barely reacted to Bitcoin’s.

Oil prices gain more than 1% after bigger-than-expected inventory draw
Oil prices gain more than 1% after bigger-than-expected inventory draw.

Oil prices gained more than 1% on Wednesday, with U.S. crude rising for a seventh day, after industry data showed a bigger than expected drop in inventories and investors shrugged off worsening developments in the pandemic. U.S. West Texas Intermediate.

Asian equities, commodities gain on economic recovery trade
Asian equities, commodities gain on economic recovery trade.

Asian stocks rose on Wednesday, tracking modest Wall Street gains, as expectations that a vaccine will eventually win the battle against the coronavirus fuelled recovery hopes, while tight supply expectations pushed oil prices to a one-year high. MSCI’s broadest index.

Stock futures little changed as Wall Street awaits clarity from Washington
Stock futures little changed as Wall Street awaits clarity from Washington.

U.S. stock index futures were modestly higher in overnight trading on Tuesday, after a session that saw stocks alternate between gains and losses. Futures contracts tied to the Dow Jones Industrial Average advanced 27 points, indicating a 41-point gain at.

China wants to open up its financial markets to foreigners — but it’s a long road ahead
China wants to open up its financial markets to foreigners — but it’s a long road ahead.

Financial institutions are betting on more business opportunities in China’s finance industry, which Beijing is eager to crack open — even if analysts say major changes are a long way off. Regardless of the coronavirus pandemic or geopolitical tensions, Chinese.

France’s vaccine-skepticism is making its Covid immunization drive much harder
France’s vaccine-skepticism is making its Covid immunization drive much harder.

France is thought to be one of the most vaccine-skeptical nations in the world, with public distrust of immunization programs borne out in opinion polls even prior to the coronavirus pandemic. Now, cynicism in France toward inoculation efforts appears to.

Brazil researchers now say China’s Sinovac vaccine is 50% effective — lower than announced earlier
Brazil researchers now say China’s Sinovac vaccine is 50% effective — lower than announced earlier.

The Covid-19 vaccine developed by China’s Sinovac Biotech is just 50.4% effective in a Brazilian trial — barely meeting the threshold for regulatory approval and well below the initially reported efficacy rate, according to several media reports. Brazil is the.

Steeper US yield curve helps USD but has not yet hurt risk demand
Steeper US yield curve helps USD but has not yet hurt risk demand.

The US dollar halted its rally on Tuesday, which helped stabilise stock indices around the world. However, the trend towards a steeper yield curve in the debt market remained in place with 10-year Treasury yields rising above 1.15%. The current.

Bitcoin’s Active Addresses, Trading Volumes Now at All-Time Highs
Bitcoin’s Active Addresses, Trading Volumes Now at All-Time Highs.

Data from CryptoCompare shows that bitcoin trading volumes on the eight major exchanges tracked on the CoinDesk 20 have passed $11 billion, a new all-time high from the previous record during 2017’s crypto bull market. “This is first and foremost.

Profit-taking? Institutional crypto fund inflows drop 97% in three weeks
Profit-taking? Institutional crypto fund inflows drop 97% in three weeks.

Capital inflows into crypto funds and investment products plummeted during the first week of January after posting new all-time highs in late-December. According to crypto fund manager CoinShares’ Jan. 11 Digital Asset Fund Flows report, the first week of trading.

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