Market Overview - Page 283

Bitcoin (BTC) starts the week pushing for $11,000 as ranging behavior continues, but futures gap danger remains. Sunday provided an unexpected boost to Bitcoin after a week of lackluster price performance. This was thanks to an investigation into United States’.

Global Covid-19 cases topped 33 million as infections in India reached the 6 million mark. The official death toll neared one million worldwide, though experts say the real tally may be almost double that. The U.K. is preparing to enforce.

European stocks bounced Monday morning, looking to recover from their worst week since mid-June, with a global rise in coronavirus cases and political developments stateside on investors’ radar. The pan-European Stoxx 600 jumped 1.5% in early trade, with banks surging.

The U.S. government has reportedly imposed restrictions on exports to SMIC, China’s biggest chip manufacturer, a move that threatens Beijing’s push to become more self-reliant in one of the most critical areas of technology. Suppliers for certain equipment to SMIC.

The markets on Monday morning are supported by hopes for fiscal support in the US and progress in Brexit negotiations. Interestingly, the markets have managed to put aside the fear of the risks of an economic slowdown amid a near-record.

European stocks recorded their worst weekly decline since mid-June on Friday, as investors feared that a second wave of coronavirus infections will hamper economic recovery, while banking stocks sank to an all-time low. The pan-European STOXX 600 index .STOXX slipped.

U.S. stocks rose slightly on Friday as tech shares recovered some of their losses for the month. However, Wall Street was still headed for its fourth consecutive week of losses. The Dow Jones Industrial Average traded 103 points higher, or.

Bitcoin price still has a CME futures gap unfilled at $9,600 but that doesn’t mean $11K won’t be reclaimed soon. The price of Bitcoin (BTC) has been stagnating in recent weeks, as it couldn’t break above $11,000 and couldn’t drop.

A Chainlink developer address appears to have been offloading tokens and putting downward pressure on prices. But things are looking up. Following a six week downtrend from its all-time high, LINK has rebounded 30% in the past 24 hours after.

The U.S. presidential race is much closer than national surveys suggest, according to Reuters/Ipsos opinion polls in battleground states that show Democrat Joe Biden with only a slim lead over President Donald Trump in three highly competitive states and in.

U.S. imports leapt 5.9% to a record in August, the first year-over-year rise since September 2019, according Panjiva, the supply chain research unit of S&P Global Market Intelligence. It said imports of household appliances jumped 79.7%, and furniture imports increased.

Discussions around a new $2.2 trillion relief package in the US kept markets afloat on Thursday and are helping to build positive momentum at Asian bourses on Friday morning. Previously, the deadlock in negotiations between Democrats and Republicans was an.