Market Overview - Page 253

Bitcoin and other digital coins tanked on Monday wiping off some $170 billion from the entire cryptocurrency market. The market capitalization or value of the cryptocurrency market was $959.53 billion at 12:10 p.m. Singapore time, down from $1.1 trillion a.

France is currently lagging far behind other European nations with its Covid-19 vaccine rollout, which could potentially hurt the re-election chances of President Emmanuel Macron. As of Friday, 80,000 French citizens had been vaccinated against the coronavirus so far. In.

Health care systems around the world are struggling to cope with rising numbers of Covid-19 infections as they race against the clock to vaccinate the vulnerable. The three vaccines currently approved for use by major Western economies all require two.

The US lost 140K jobs in December, noticeably worse than the expected 60k gain. The service sector took the biggest hit, shedding 188K jobs after a 350K hike a month earlier. This sharp decline is due to an intensification of.

The US dollar got a break in its decline thanks to the optimism of market participants. The dollar index is up 0.5% in the last 24 hours, the biggest gain in two months. This is also a sign of how.

More people are searching for the word “Ethereum” now than ever before in its history. Google Trends reveals that the number of Google searches currently being performed for “Ethereum” is at an all-time high, eclipsing search interest during the height.

Severe mobility restrictions across Europe to contain a surge in COVID-19 cases weighed on fuel sales, weakening the prospect of energy demand recovery in the first half of 2021. Most of Europe is now under strictest restrictions, the Oxford stringency.

Oil prices on Friday hit 11-month highs and were on track for a strong weekly gain as a rally in global equities fed risk appetite and stoked bullish sentiment following Saudi Arabia’s pledge to cut output. Brent crude climbed 39.

Bitcoin fell more than 5% on Friday, a day after topping $40,000 for the first time. The world’s most popular digital currency slid to as low as $36,618.36 on Bitstamp exchange, after reaching an all-time high of $40,402.46 in the.

Asian shares vaulted to record highs on Friday and Japan’s Nikkei hit a three-decade peak as investors looked beyond rising coronavirus cases and political unrest in the United States to focus on hopes for an economic recovery later in the.

While the U.S., U.K. and Europe attempt to ramp up their own Covid vaccination drives, one country is outpacing them all: Israel. Israel’s vaccination drive began on Dec. 19 with Prime Minister Benjamin Netanyahu the first person to be vaccinated.

Shares of Hyundai Motor surged 19% after the South Korean automaker said it was in early-stage talks with Apple over potentially working together to develop an electric car. “We understand that Apple is in discussion with a variety of global.