Market Overview - Page 266

The U.S. dollar gained on Monday, rising for a second straight session, bolstered by safe haven bids amid surging coronavirus cases in Europe and the United States as well as a lack of progress on a U.S. stimulus package. The.

Oil prices fell on Monday, extending last week’s losses, as increasing coronavirus cases in the United States and Europe raised worries about energy demand, while Libya’s fast growing production also weighed on prices. Brent was down 80 cents, or 1.9%,.

Turkey’s lira weakened through 8 per dollar for the first time amid deepening skepticism over the central bank’s efforts to shore up the currency at a time of rising geopolitical tensions. The lira fell as much as 1.3% to 8.0667.

Bitcoin (BTC) starts a new week still at $13,000 and wholly unfazed by problems in the global economy — what’s in store next Cointelegraph takes a look at the potential issues at stake for Bitcoin in the coming days. Last.

Chinese President Xi Jinping is about to deepen his mark on what could soon be the world’s largest economy. The central committee of China’s ruling Communist Party, led by Xi, is set to meet in Beijing from Oct. 26 to.

Global markets were again under pressure at the beginning of the new week, with the oil situation looking particularly worrying. Earlier this month, it performed “above the market”, staying on the sidelines while the overall demand for risk declined. Since.

A big Bitcoin (BTC) volatility spike could occur by the month’s end as two major factors come into play. The BTC options market nears a massive $750 million expiration and the CME futures market’s open interest has also soared. When.

Tesla will begin shipping made-in-China electric cars to Europe on Tuesday, according to Chinese media reports. About 7,000 Model 3s made at the Shanghai gigafactory are set for arrival in Belgium at the end of next month, with planned deliveries.

German enterprise software group SAP saw its market valuation fall by 25 billion euros ($30 billion) on Monday as shares collapsed by over 17% following disappointing third-quarter results. The company, which slashed its revenue forecast for 2020, saw its market.

U.S. stocks were mixed, with Intel Inc.’s poor results dragging technology shares lower while banks rallied again as Treasury yields held near a four-month high. Most stocks in the S&P 500 advanced Friday, helping the index pare its weekly slide..

President Donald Trump won the final debate against Democrat Joe Biden, but that’s not going to be enough to get him reelected, Republican pollster and strategist Frank Luntz told CNBC on Friday. “You got to give Trump a minor victory.

The euro has added against the dollar and pound on Friday thanks to the strong PMI for October. Preliminary estimates noted a further recovery in the manufacturing sector of major eurozone countries. Germany sees further acceleration, following an increase in.