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Market Overview - Page 274


Global Central Bankers Say It’s Too Early to Stop Virus Spending
Global Central Bankers Say It’s Too Early to Stop Virus Spending

The world’s top central banks are urging governments to put concerns about mounting debt aside for now and keep spending until the economic recovery from coronavirus is complete. Their calls are being met with pushback in some countries, where the.

Nearly 9 of 10 workers want to keep work-from-home option: survey
Nearly 9 of 10 workers want to keep work-from-home option: survey

Nearly nine out of 10 workers want to be able to choose whether to work from home or the office once COVID-19 workplace restrictions ease, and have greater autonomy over their hours, according to research from Cisco Systems. The pandemic.

Oil Dips Below $40 With Stimulus Gloom Outweighing China Imports
Oil Dips Below $40 With Stimulus Gloom Outweighing China Imports

Oil fell below $40 a barrel as fading hopes for more fiscal stimulus before the U.S. election outweighed optimism driven by an increase in Chinese crude imports last month. Futures in New York declined 0.8% after closing up 2% on.

IMF revises its global GDP forecast higher, but warns the economy ‘remains prone to setbacks’
IMF revises its global GDP forecast higher, but warns the economy ‘remains prone to setbacks’

The International Monetary Fund on Tuesday turned slightly more positive on the global economy for this year, but warned of a “long, uneven and uncertain” recovery. The global economy is now projected to contract by 4.4% in 2020 — an.

Bitcoin price steady as $10B asset manager scoops up 10,000 BTC
Bitcoin price steady as $10B asset manager scoops up 10,000 BTC

Bitcoin (BTC) is winning the battle of the safe havens as another corporate buy-in sees $115 million enter its books. Asset management giant Stone Ridge confirmed that it made the significant purchase via its spin-off New York Digital Investment Group.

Stocks Edge Down With Futures as Earnings Roll In
Stocks Edge Down With Futures as Earnings Roll In

European stocks edged lower with U.S. equity futures as investors weighed a potential setback on progress toward a coronavirus vaccine ahead of a busy period for corporate earnings. The dollar and Treasuries advanced. S&P 500 contracts fell as much as.

Crypto whales stay off exchanges
Crypto whales stay off exchanges

A Bitcoin (BTC) sell-off and associated price fall are “not going to happen,” a well-known the CEO of a well-known analytics tool has said. In a tweet on Oct. 12, Ki Young Ju, CEO of CryptoQuant, noted that average inflows.

Oil lost its momentum but retained its growth potential
Oil lost its momentum but retained its growth potential

The technology giants are pulling the markets up again. However, this time their positive impact has not yet been able to create a broader growth impulse, leaving oil behind. Slowly but surely, oil is being pressured by news that is.

$17K Bitcoin price a real possibility if bulls flip $12K to support
$17K Bitcoin price a real possibility if bulls flip $12K to support

Bitcoin (BTC) price had been acting inside a narrow range for the last few weeks but the momentum and trend shifted as a bullish breakout occurred on the announcement that Square had allocated 1% of its cash reserves to BTC..

J&J pauses COVID-19 vaccine trials due to unexplained illness in participant
J&J pauses COVID-19 vaccine trials due to unexplained illness in participant

Johnson & Johnson said on Monday it had temporarily paused its COVID-19 vaccine candidate clinical trials due to an unexplained illness in a study participant, delaying one of the highest profile efforts to contain the global pandemic. The participant’s illness.

UK jobless rate rises by more than expected to 4.5%
UK jobless rate rises by more than expected to 4.5%

Britain’s unemployment rate rose by more than expected to 4.5% in the three months to August, up from 4.1% in the three months to July, even before the end of the government’s broad coronavirus job protection plan. Economists polled by.

China says exports and imports hit record highs in September
China says exports and imports hit record highs in September

China reported strong trade data in September as most business activity resumed in the world’s second-largest economy, following what was apparently the worst of the coronavirus pandemic. For September, China’s imports surged 13.2% in U.S. dollar terms, according to official.

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