Market Overview - Page 267

Britain and Japan have formally signed a trade agreement, marking the UK’s first big post-Brexit deal. The deal, unveiled last month, means nearly all its exports to Japan will be tariff free while removing British tariffs on Japanese cars by.

Amid the gloom of the pandemic’s second wave, some European enthusiasts are wondering whether this crisis might finally usher in a “fiscal union” of states — something akin to the U.S. The roaring success this week of the European Union’s.

For novice traders, FOMO can be a heavy burden to bear. Resisting the urge to buy Bitcoin (BTC) after a nearly 15% rally, which saw the price break both the $12K and $13K levels in less than 24 hours, is.

As humans, we have a tendency to overestimate the likelihood of experiencing positive events and underestimate the likelihood of experiencing negative events. That’s all well and good in ordinary circumstances: Such an outlook increases positivity and reduces anxiety, contributing to.

Economic activity in the euro zone shrunk in October as coronavirus restrictions returned to the region, preliminary data showed on Friday. The flash euro zone PMI composite output index, which looks at activity in both manufacturing and services sectors, dropped.

Global markets remain in narrow ranges at the end of the week, balancing hopes for a new economic stimulus package with election uncertainty. The final debate that took place last night between Trump and Biden did not provide much clarity..

In a future driven by electric vehicles, China is poised to dominate if the U.S. does not transform its automobile industry in coming years. While California-based Tesla captured popular attention for electric cars, national policy in Beijing encouraged the launch.

New jobless claims unexpectedly dipped below 800,000 last week, but still remained historically high as hundreds of thousands of more Americans were put out of work during the ongoing pandemic. The U.S. Department of Labor released its weekly unemployment insurance.

There’s no doubt that Europe is seeing a second wave of coronavirus infections, but the surge is not affecting its major economies in the same way. The U.K., France and Spain, as well as the Netherlands, have all seen a.

Weekly claims for unemployment benefits in the USA resume its decline. Last week, the number dropped from 842K to 787K. The new figures are still higher than two weeks ago, reflecting the negative impact of the jump in new coronavirus.

Simultaneous pressure on the dollar and risk assets in the markets is continuing. Futures on S&P500 lost 3.7% from recent highs on October 12th. The dollar index fell to its lowest level since September 2nd, almost completely recouping the correction.

On Oct. 21 Bitcoin (BTC) price overtook the $13K mark to reach $13,217 after traders took out key resistance levels at $11,900, $12,000, and $12,500 in the last 48-hours. While there are various technical reasons behind the abrupt upsurge, there.