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Market Overview - Page 275


Stocks Advance Amid Megacap Rally; Oil Tumbles
Stocks Advance Amid Megacap Rally; Oil Tumbles

U.S. stocks rose to an almost six-week high amid a rally in giant technology companies as traders awaited earnings from banks and news on a fresh round of economic stimulus. The S&P 500 extended gains into a fourth session as.

Why populist world leaders are fearing a Trump election loss
Why populist world leaders are fearing a Trump election loss

The upcoming U.S. election is being keenly watched by world leaders who have looked to President Donald Trump for favor and friendship, and who share his political ethos. If he fails at the election, political experts believe other leaders who.

More investors HODL Bitcoin in anticipation of a 2021 BTC bull market
More investors HODL Bitcoin in anticipation of a 2021 BTC bull market

New data shows Bitcoin’s (BTC) current price action is showing higher levels of ‘HODLing’ activity than previous bull cycles. According to on-chain analyst Willy Woo, an indicator called “reflexivity” has been increasing in recent months. Woo explained that the indicator.

World Central Banks are strengthening measures to keep the dollar from falling
World Central Banks are strengthening measures to keep the dollar from falling

The stock markets strengthened their ascent on Friday. Asian markets opened a new week near the two-year peaks in the MSCI Asia Pacific Index, thanks to a 2% jump in the Chinese indices after a week of local holidays.  Demand.

Bank of England asks banks how ready they are for sub-zero rates
Bank of England asks banks how ready they are for sub-zero rates

The Bank of England asked banks on Monday how ready they are for zero or negative interest rates, following up its announcement last month that it was considering how to take rates below zero if necessary. Other central banks have.

China gains hoist Asian stocks to two-year peak
China gains hoist Asian stocks to two-year peak

Chinese stocks led Asian markets higher on Monday as investors bet on a steady recovery for the world’s no. 2 economy, though caution about the fate of U.S. stimulus kept the dollar firm and a central bank policy tweak unwound.

China hands out $1.5 million of its digital currency in one of the country’s biggest public tests
China hands out $1.5 million of its digital currency in one of the country’s biggest public tests

China has started one of the biggest real-world trials for its digital currency as it pushes closer toward creating a cashless future. Last week, the government in Shenzhen carried out a lottery to give away a total of 10 million.

Apple is about to hold ‘the most significant iPhone event in years’
Apple is about to hold ‘the most significant iPhone event in years’

On Tuesday, Apple is holding a launch event where it will reveal this year’s iPhone lineup. In most years, Apple announces its iPhones in September, and they go on sale shortly after that. This year is different. Apple instead released.

China moves to curb yuan strength
China moves to curb yuan strength

The Chinese yuan fell on Monday following recent months of rallying. The weakness was triggered after the central bank changed rules on Saturday that made it cheaper for traders to short the currency. Shorting involves selling a borrowed asset, which.

Stocks Gain as Stimulus Talks Take Center Stage
Stocks Gain as Stimulus Talks Take Center Stage

U.S. stocks rose for third day and global stocks headed toward their biggest weekly gain since July after the White House signaled an openness to large-scale stimulus and companies raised profit forecasts. Treasury yields and a dollar gauge slipped. European.

Trump vs. Biden: $4K gold target as Brandt eyes Bitcoin ‘big buy signal’
Trump vs. Biden: $4K gold target as Brandt eyes Bitcoin ‘big buy signal’

Gold will gain regardless of whether Donald Trump or Joe Biden wins the election, one analyst says as Bitcoin (BTC) targets $11,000. Gold, like Bitcoin, saw highs in August before a fall which came in line with renewed strength in.

With pandemic dominating U.S. election, older voters turning away from Trump
With pandemic dominating U.S. election, older voters turning away from Trump

Many older Americans have turned away from President Donald Trump this year as the coronavirus ravages the country, eroding an important Republican support base that helped propel him into the White House in 2016, Reuters/Ipsos polling data shows. Trump and.

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