Market Overview - Page 278

Federal Reserve Chairman Jerome Powell called Tuesday for continued aggressive fiscal and monetary stimulus for an economic recovery that he said still has “a long way to go.” Noting progress made in job creation, goods consumption and business formation, among.

The British pound is lagging today against most competitors. Pressure on sterling has increased following comments from Boris Johnson’s spokesman that Britain needs to know by 15th of October whether there will be a deal with the EU. The EU.

European stocks on Tuesday traded in a tight range, as one leading bank said the region was vulnerable to a stalling economy as COVID-19 cases remain elevated. Up 0.8% on Monday, the Stoxx Europe 600 SXXP, was fractionally lower. The.

Wrapped Bitcoin minted a record $616 million worth of tokenized bitcoins in September, according to transaction data analyzed by CoinDesk, a more than 160% increase over the $232 million minted in August. Record minting comes as strong over-the-counter demand for.

Trump went back to work in the White House, which supported the recovery of the stock markets. Asian indices reached a 2-week high. Futures on the S&P 500 are again above their February peaks after rising 1.8% on Monday. Demand.

On August 28, Binance Futures launched its DeFi Composite Index, a basket of DeFi tokens that initially comprised 27% Chainlink (LINK) and 11% Aave (LEND) alongside nine other prominent DeFi tokens that made up between 6% and 9.5% of the.

U.S. President Donald Trump returned to the White House on Monday despite still being infected — a move analysts say could draw “backlash” and shows he doesn’t take the virus seriously. “The president’s campaign is going to be severely handicapped.

Asia is well placed for economic recovery compared to the rest of the world because it has mostly succeeded in containing the coronavirus, Goldman Sachs said this week. “We think Asia’s really the best positioned of the major regions right.

With Donald Trump’s health still a big question mark among investors, many wonder if we’ll close out the year with another big stock market crash. Volatility is all-but-certain in the near-term amid Covid-19 and the presidential elections. Market bulls are.

U.S. stocks climbed Monday as investors grew more hopeful that lawmakers would reach a compromise on a new stimulus deal in light of President Donald Trump’s Covid-19 diagnosis and signs of a slowdown in economic recovery. Monday’s gains also came.

There is growing speculation that 150,000 Bitcoin (BTC) from the Mt. Gox trustee could move on Oct. 15. But many factors suggest that is highly unlikely given past records. Between 2011 and 2013, Mt. Gox lost 850,000 BTC in the.

The combination of COVID-19 and a failure to secure a post-Brexit trade deal with the European Union could cost the United Kingdom around 134 billion pounds ($174 billion) each year in lost GDP for a decade, research by law firm.