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Market Overview - Page 252


Oil set for third week of gains on vaccine hopes
Oil set for third week of gains on vaccine hopes

Oil prices firmed on Friday, and were on track for a third consecutive weekly rise, buoyed by successful COVID-19 vaccine trials, while renewed lockdowns in several countries to limit the spread of the virus capped gains. Prospects for effective COVID-19.

The dollar’s slow melting is a positive sign
The dollar’s slow melting is a positive sign

Stock markets start trading on Friday at some distance from the highs of the week, as California announced curfews to try to stop the spread of the coronavirus. Even more disturbing was the news that US Treasury Secretary Mnuchin has.

Ether hits $500 for the first time since June 2018, outperforming Bitcoin YTD
Ether hits $500 for the first time since June 2018, outperforming Bitcoin YTD

Ether (ETH) returned to $500 for the first time in more than two years on Nov. 20 as altcoins slowly staged a comeback from poor performance. Data from Cointelegraph Markets, Coin360 and TradingView showed ETH/USD briefly hitting the psychologically significant.

European shares supported by gains in commodity, retail stocks
European shares supported by gains in commodity, retail stocks

European stocks edged higher on Friday as gains in commodity and retail shares offset worries about U.S. politics and an impasse over fresh stimulus measures to support a pandemic-stricken global economy. The pan-European STOXX 600 index rose 0.4% and was.

Stocks edge up but gains limited by end of Fed stimulus
Stocks edge up but gains limited by end of Fed stimulus

World stocks edged higher Friday as hopes of economic recovery ahead helped offset the blow dealt by news that the U.S. Treasury was ending emergency loan programmes. But gains were modest as flare-ups in virus cases around the world continued.

Game consoles may haul in $45 billion this year, and big changes are coming
Game consoles may haul in $45 billion this year, and big changes are coming

We’ve come a long way from the arcades of the 80s. Today, the way more than 700 million people play video games is on a dedicated console, with the console industry on track to generate $45 billion in revenue this.

Dow futures fall more than 200 points as fresh virus restrictions raise concerns about recovery
Dow futures fall more than 200 points as fresh virus restrictions raise concerns about recovery

Stocks futures fell in overnight trading on Thursday as rising new coronavirus cases cast doubt on a swift economic recovery. Also weighing on sentiment was a disagreement between the Treasury Department and the Federal Reserve over the continuation of funding.

Bitcoin rebounds to $18K after crucial support level holds — What’s next?
Bitcoin rebounds to $18K after crucial support level holds — What’s next?

Bitcoin (BTC) has seen a tremendous run, particularly since September, with BTC price surging from $10,500 to $18,400 — a rally of 75% in less than three months. What’s more, since March, BTC/USD has gained almost 400%, making it the.

Jobless claims filings pick up amid continued struggles for labor market
Jobless claims filings pick up amid continued struggles for labor market

The pace of workers filing for unemployment claims picked up last week and was a bit higher than Wall Street had been expecting. Jobless claims totaled 742,000 for the week, the Labor Department reported Thursday, ahead of the 710,000 estimate.

V-shaped Aussie recovery
V-shaped Aussie recovery

The Australian dollar is under some pressure on Thursday, retreating in the wake of reduced demand for risk in global markets. However, labour market data there was one of the few bright spots this morning. According to the latest report,.

Bitcoin eyes all-time high after recent bull run
Bitcoin eyes all-time high after recent bull run

Bitcoin (BTC-USD) is back in a big way in 2020. The cryptocurrency has rallied almost 150% so far this year, including a gain of 70% over the last few weeks. Bitcoin is now at its highest level against the dollar.

World stocks ease further from highs, oil dips on COVID-19 count
World stocks ease further from highs, oil dips on COVID-19 count

World stocks eased for the third day in a row and oil fell on Thursday, tracking weakness in Asia and on Wall Street as widening COVID-19 restrictions weighed on market sentiment. Positive news about potential vaccines had helped push the.

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