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Market Overview - Page 272


France, Germany and England impose new lockdowns
France, Germany and England impose new lockdowns.

People are tired in France where President Emanuel Macron imposed the country’s second nationwide lockdown beginning Friday to combat a resurgence of the coronavirus outbreak in Europe, says Parisian videographer Joseph Savage. “There was a kind of united front the.

ADP reported jobs recovery has slowed
ADP reported jobs recovery has slowed.

Both candidates, Trump and Biden, retain their chances for a win, but the macro data take its turn. Recent ADP statistics have disappointed the weak growth in private sector employment. The report says that the private sector added 365K new.

US Elections: For markets, it doesn’t matter who wins, but how quickly
US Elections: For markets, it doesn’t matter who wins, but how quickly.

Americans have already cast their votes, all that remains now is to clarify results definitively. Preliminary results (about 85% of the votes counted) show a shaky Biden leadership. 449 out of 538 votes counted: 236 for Biden vs 213 for.

U.S. Futures Slump as Treasuries; Dollar Advance
U.S. Futures Slump as Treasuries; Dollar Advance.

S&P 500 futures fell and Treasuries rose on concern the U.S. is heading for a contested election after President Donald Trump called for the Supreme Court to intervene. Contracts on the S&P 500 sank 0.4%, erasing an earlier advance. Ten-year.

Oil gains after U.S. stockpiles fall though election adds to volatility
Oil gains after U.S. stockpiles fall though election adds to volatility.

Oil rose on Wednesday after industry data showed crude inventories in the United States fell sharply, but trading was choppy as the U.S. presidential election results were unclear. West Texas Intermediate was up 65 cents, or 1.6%, at $38.27 a.

Grayscale Trust sees largest-ever weekly inflow, nears 500K BTC in total
Grayscale Trust sees largest-ever weekly inflow, nears 500K BTC in total.

Grayscale’s Bitcoin (BTC) Trust is on track to reach 500,000 BTC by the end of 2020. Last week, Grayscale saw a record inflow of $215 million (15,907 BTC) that surpassed all previous investments into the Trust. The firm now holds.

$1B of Bitcoin from Silk Road wallet moves for first time since 2015
$1B of Bitcoin from Silk Road wallet moves for first time since 2015.

An anonymous crypto user has just moved 69,370 Bitcoin from an address associated with the Silk Road darknet market, that more recently has become a popular hacking target. According to a Nov. 3 report from crypto intelligence firm CipherTrace, the.

Alibaba shares dive 7% as Ant Group’s record $34.5 billion IPO is suspended
Alibaba shares dive 7% as Ant Group’s record $34.5 billion IPO is suspended.

Ant Group’s world record-setting initial public offering in Shanghai and Hong Kong has been suspended. The Shanghai and Hong Kong stock exchanges made the announcement on Tuesday. Alibaba, which owns a roughly 33% stake in Ant Group, saw its Hong.

Gold will be a winner no matter who clinches the U.S. election
Gold will be a winner no matter who clinches the U.S. election.

Gold and gold miners are set to benefit no matter who wins the U.S. election this week, one investor told CNBC. That’s because the United States will likely to adopt a sizeable fiscal stimulus program no matter which candidate wins.

Dollar dips as investors bet on Biden victory
Dollar dips as investors bet on Biden victory.

The U.S. dollar dipped on Tuesday as risk appetite grew on bets that Democrat Joe Biden will win Tuesday’s U.S. presidential election and launch a large new stimulus package, and as the greenback faced resistance at the top of its.

Ant Group’s record $34.5 billion IPO in Shanghai and Hong Kong is suspended
Ant Group’s record $34.5 billion IPO in Shanghai and Hong Kong is suspended.

Ant Group’s world record-setting initial public offering in Shanghai and Hong Kong has been suspended. The Shanghai and Hong Kong stock exchanges made the announcement on Tuesday. Alibaba, which owns a roughly 33% stake in Ant Group, saw its shares.

Zero-sum game: DeFi declines while Bitcoin booms
Zero-sum game: DeFi declines while Bitcoin booms.

The co-founder of crypto data aggregator Markets Science, Twitter-user ‘Bitdealer,’ has shared a chart indicating negative correlations between 11 top DeFi tokens and BTC over the past 45 days to Nov.1, with AAVE showing neutral correlation and UNI showing confluence.

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