Market Overview - Page 264

A total of 62K Bitcoin (BTC) options are set to expire this Friday, and this is equivalent to $830 million in open interest. These massive numbers fail to reflect the fact that 58% of these options are now deemed worthless..

China’s major state-owned banks have been swapping U.S. dollars for yuan this week, traders said on Thursday, suggesting monetary authorities are trying to rein in the sharply appreciating currency. Those operations in the onshore currency swap market have caused the.

Oil prices fell on Thursday, extending a 5% slump in the previous session, as governments’ renewed restrictions to curb a second wave of coronavirus infections and signs of a growing global oil supply glut send prices tumbling. U.S. West Texas.

U.S. stock futures rose in early Thursday morning trade after the worst day for the market in several months. Futures tied to the Dow Jones Industrial Average gained 291 points. Those for the S&P 500 and the Nasdaq 100 also.

Shares of Sony surged in Tokyo on Thursday, a day after the Japanese electronics giant raised its annual profit forecast. Sony shares in Japan were up 6.69% on Thursday even though Japan’s broader index, the Nikkei 225, fell 0.37% on.

The Governing Council of the European Central Bank will meet this Thursday for a scheduled monetary policy meeting, and the backdrop couldn’t be bleaker. Lockdowns are being re-imposed across Europe as Covid-19 cases are surging and the economic outlook is.

U.S. stocks fell sharply on Wednesday, following their European counterparts, as investors worried that the latest increase in coronavirus infections could halt the global economic recovery. The Dow Jones Industrial Average dropped 684 points, or 2.5%. Earlier in the day,.

Bitcoin’s (BTC) upward march continues unabated as the apex cryptocurrency gained 5.13% in a 24-hour period Tuesday — taking its market capitalization to $255 billion. What Happened: At press time, Bitcoin prices hovered just below the highs not seen since.

Bitcoin (BTC) transaction fees have nearly tripled in three days, from $3.52 to $10.20 on average. According to crypto market data aggregator Glassnode, 22.25% of Bitcoin miners’ income is currently made up of fees, with the other 77.75% coming from.

The situation in the markets appears increasingly cautious. Key US indices are developing a decline and Futures for S&P500 are losing 0.5% today after the main index fell by 0.3% on Tuesday. The latest round of pressure brought the index.

Gauges for implied currency swings in the $6.6 trillion a day foreign exchange markets jumped to their highest levels in nearly seven months on Wednesday as traders anticipated more volatility before the outcome of the U.S. elections next week. Contracts.

Oil prices slid about 2 percent on Wednesday, giving up most of the previous day’s gains, as a surge in U.S. crude stocks and growing coronavirus infections in the United States and Europe fanned fears of a supply glut and.