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Market Overview - Page 258


The dollar could weaken further under a Biden administration
The dollar could weaken further under a Biden administration

The U.S. dollar is poised to further weaken, amid market views that geopolitical risks are falling after the election and that the next stimulus package will likely be smaller than expected, according to analysts. Citi Private Bank strategists predicted a.

Europe welcomes Biden’s win after four fractious years of Trump
Europe welcomes Biden’s win after four fractious years of Trump

European leaders have warmly congratulated Democrat Joe Biden following his projected election win, a victory that comes after four years of fractious relations with President Donald Trump. The transatlantic relationship deteriorated significantly after Trump’s arrival at the White House in.

Pfizer Soars as Vaccine Prevents 90% of Covid Cases in Study
Pfizer Soars as Vaccine Prevents 90% of Covid Cases in Study

The data do have limits. It isn’t known how well the shot works in key subgroups, such as the elderly. And it isn’t known whether the vaccine prevents severe disease, as none of the participants who got Covid-19 in this.

EU to impose tariffs on up to $4 billion of U.S. products
EU to impose tariffs on up to $4 billion of U.S. products

The European Union will slap tariffs on up to $4 billion worth of U.S. products Monday, after what it described as a “lack of progress” from America on resolving a long-standing dispute over aircraft subsidies. The EU and the U.S..

Markets cheer Biden’s victory with higher demand for risk
Markets cheer Biden’s victory with higher demand for risk

Futures on the S&P 500 and Nasdaq indices remain moderately positive, returning to historical highs of around 3,600 and 12,500 respectively. At the same time, the dollar breaks through to lows in two and a half years. The dollar and.

Will PayPal’s crypto integration bring crypto to the masses? Experts answer
Will PayPal’s crypto integration bring crypto to the masses? Experts answer

One of the most discussed topics within the crypto community recently has been PayPal’s announcement that its customers will be able to buy and sell cryptocurrencies. The service is expected to be fully rolled out early next year. The company’s.

Brent crude tops $40 as Biden’s win buoys risk-taking
Brent crude tops $40 as Biden’s win buoys risk-taking

Oil prices rose on Monday, with Brent topping $40 a barrel, after Joe Biden clinched the U.S. presidency and buoyed risk appetite, offsetting worries about the impact on demand from the worsening coronavirus pandemic Brent crude had climbed 91 cents,.

U.S. crosses 10 million COVID-19 cases as third wave of infections surges
U.S. crosses 10 million COVID-19 cases as third wave of infections surges

The United States became the first nation worldwide since the pandemic began to surpass 10 million coronavirus infections, according to a Reuters tally on Sunday, as the third wave of the COVID-19 virus surges across the nation. The grim milestone.

Emerging markets could see an influx of cash following Biden victory, Standard Chartered predicts
Emerging markets could see an influx of cash following Biden victory, Standard Chartered predicts

Emerging markets could benefit from a political environment that looks set to become “more benign” following the victory of Democratic candidate Joe Biden in the U.S. presidential election, Standard Chartered Bank’s Eric Robertsen predicted. “There’s quite a bit of cash.

As US election dust settles, crypto traders and analysts eye new administration
As US election dust settles, crypto traders and analysts eye new administration

While some in the community continue to question the outcome of the US Presidential election, mainstream media outlets and the Associated Press have definitively called the race for former Vice President and current President-Elect Joe Biden. But with uncertainty out.

U.S.-China trade tensions won’t be going away under Biden’s administration
U.S.-China trade tensions won’t be going away under Biden’s administration

U.S.-China trade tensions are set for more predictability after Joe Biden’s presidential win — which likely means calmer rhetoric in a continued tough stance on Beijing. Following years of brewing U.S. complaints about unfair business practices by China’s state-dominated system,.

US Seized More Than $1B in Silk Road–Linked Bitcoins, Seeks Forfeiture
US Seized More Than $1B in Silk Road–Linked Bitcoins, Seeks Forfeiture

The U.S. is suing for the forfeiture of thousands of bitcoins, totaling more than $1 billion, that it recently seized, the Department of Justice said Thursday. The seizure on Tuesday, tied to early darknet market Silk Road, is the largest.

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