Market Overview - Page 265

Coming off the worst quarter in history, the U.S. economy grew at its fastest pace ever in the third quarter as a nation battered by an unprecedented pandemic started to put itself back together, the Commerce Department reported Thursday. Third-quarter.

Following the ECB meeting, the single currency loses 0.8% against the dollar to 1.1660, the lowest over the month. The European Central Bank kept its monetary policy unchanged but signals for more easing in December. Lagarde noted a “clear” downward.

Bitcoin’s first attempt in three years to overcome $14K failed. Sellers intensified as the first cryptocurrency approached $13,800 due to the storm on the European and U.S. stock markets. However, the larger the Bitcoin correction, the more impressive the rebound.

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.

The markets on Thursday appear much calmer than on Wednesday, whilst the news background has not changed at all: COVID-19 statistics continue to break records, with more than 500K new cases reported over the past 24 hours. Germany and France.

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,.