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Market Overview - Page 273


Aussie suffers as Australia can’t rely on China
Aussie suffers as Australia can’t rely on China.

Global markets are growing on Tuesday on robust manufacturing data. Monday’s trading session in the US ended with a marked increase of over 1%. Usually, this performance would have easily been called a rally, however, at the moment we are.

Bitcoin just had its biggest mining difficulty drop since 2011
Bitcoin just had its biggest mining difficulty drop since 2011.

Bitcoin (BTC) saw its biggest negative difficulty adjustment in almost 10 years on Nov. 3 as the network flawlessly takes care of itself. Data from monitoring resource BTC.com shows that the Bitcoin difficulty automatically readjusted by 16% on Tuesday. Estimates.

Oil prices extend rally ahead of U.S. election
Oil prices extend rally ahead of U.S. election.

Oil prices extended their rally on U.S. Election Day amid a recovery in financial markets on Tuesday, but concerns over surging coronavirus cases around the world capped further gains. Brent crude futures rose 70 cents, or 1.8% to $39.67 a.

Trump or Biden, investors expect a weaker dollar
Trump or Biden, investors expect a weaker dollar.

The battered dollar’s long-term fortunes are unlikely to improve regardless of who wins Tuesday’s U.S. presidential election, investors and analysts said. Despite its recent bounce against a basket of currencies, the dollar index is still down about 9% from its.

Saudi Aramco’s net profit drops 45% in the third quarter
Saudi Aramco’s net profit drops 45% in the third quarter.

Saudi Aramco’s net profit fell 44.6% in the third quarter of 2020 compared to the same period last year, reflecting continued damage to oil demand and prices from the global coronavirus pandemic. Net profit dropped to 44.21 billion riyals ($11.8.

European markets brace for a U.S. election unlike any other
European markets brace for a U.S. election unlike any other.

The potential for a protracted contest following Tuesday’s U.S. election means European markets may face a more volatile aftermath than in previous presidential races. In 2016, the shock of President Donald Trump’s victory sent European stocks south on the night,.

BTC traders caught off guard: 3 reasons Bitcoin dropped 2% in just 1 hour
BTC traders caught off guard: 3 reasons Bitcoin dropped 2% in just 1 hour.

The price of Bitcoin (BTC) declined by 2% in under an hour in a sharp correction on Nov. 2, catching traders off guard. Coincidentally, the CME Bitcoin futures market opened with a new gap, making $13,100 an area of interest.

Stocks rebound from last week’s sell-off, Dow jumps more than 400 points
Stocks rebound from last week’s sell-off, Dow jumps more than 400 points.

Stocks jumped on Monday, the first trading day of the month, as markets tried to recover from a brutal week and month ahead of the U.S. presidential election. The Dow Jones Industrial Average traded 422 points higher, or 1.6%. The.

Trump or Biden? Billions of dollars at stake as betters lay money down
Trump or Biden? Billions of dollars at stake as betters lay money down.

The 2020 U.S. election is shaping up to be the biggest betting event of all time, with one player placing a record-breaking one million-pound bet on a victory for Democratic challenger Joe Biden, betting companies say. People were still rushing.

Get ready for US elections: 5 things to watch in Bitcoin this week
Get ready for US elections: 5 things to watch in Bitcoin this week.

Bitcoin (BTC) starts a new week and month just dollars away from its highest monthly close in history — what’s in store next? Cointelegraph takes a look at five price factors which may influence BTC/USD as the U.S. goes to.

Bitcoin: there is little resistance between $13,000 and $20,000
Bitcoin: there is little resistance between $13,000 and $20,000.

The monthly candle of Bitcoin (BTC) for October has closed above $13,000 for the first time since December 2017. It comes after both daily and weekly candles all closed above the crucial resistance level. Traders often use the monthly log.

Goldman Sachs slashes Europe’s fourth quarter growth forecasts
Goldman Sachs slashes Europe’s fourth quarter growth forecasts.

Goldman Sachs sharply cut Europe’s fourth quarter economic forecasts on Monday as a surge in COVID-19 cases led to major countries announcing partial nationwide lockdowns for November. The U.S. investment bank said it expects the euro area’s real gross domestic.

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