Market Overview - Page 271

The yen rose and the dollar was headed for its best week of the month on Friday, as surging coronavirus cases and stalled progress toward U.S. stimulus had investors seeking safe assets. As fresh curbs to combat COVID-19 were introduced.

Major crypto asset exchange OKEx has suspended cryptocurrency withdrawals, announcing that one of the holders of its private keys is “currently cooperating with a public security bureau” concerning ongoing “investigations.” The exchange noted that it has been “out of touch”.

China’s massive onshore bond market offers investors a level of returns that may be hard to find elsewhere in the current environment of low interest rates, a BlackRock portfolio manager said on Thursday. The U.S. investment giant has a “positive”.

As China recovers from the coronavirus pandemic, the country’s central bank is more open to increasing loans to an already debt-heavy system than it is to cutting back. The People’s Bank of China on Wednesday disclosed data for the first.

Not everyone in Moscow is mourning the ruble’s 20% plunge against the dollar this year. The government minister in charge of getting companies to keep production at home thinks it’s “awesome.” Russian companies that don’t rely heavily on imports “are.

The price of Bitcoin rejected $11,500 in a swift price drop alongside rising shorts on BitMEX and slumping U.S. stocks. The price of Bitcoin (BTC) rapidly fell after surpassing $11,500 on Binance between Oct. 14 and Oct. 15. Within two.

No single digital currency will dominate global transactions if central banks strive to enhance their own settlement systems, a senior Bank of Japan official said, brushing aside fears China’s rapid progress on a digital yuan could upend markets. China, which.

The number of Americans filing new claims for jobless benefits unexpectedly rose last week, which could heighten fears the COVID-19 pandemic was inflicting lasting damage to the labor market. Initial claims for state unemployment benefits totaled a seasonally adjusted 898,000.

France and the Netherlands have proposed stricter EU rules to oversee large technology firms, such as Alphabet, Facebook and Amazon. In a joint document, seen by CNBC and due to be sent to the European Commission, the EU’s executive arm,.

More than half of Ethereum’s circulating supply has not moved in more than a year, with only 39.6% of Ether (ETH) changing hands over the past 12 months. According to Glassnode’s ‘hodlwaves,’ which offers a chronological breakdown of the velocity.

U.S. stock futures were lower early Thursday morning as traders continued to weigh the prospects for a coronavirus aid deal being reached before next month’s election. Dow Jones Industrial Average futures were down 296 points. S&P 500 futures and Nasdaq.

European leaders are scrambling to put a cap on surging infections in the region, with governments reimposing sweeping restrictions and shutdowns in an effort to curb the spread of the virus. The situation has got to a point now where,.