Market Overview - Page 285

Stock investors focused on new worries about the coronavirus and economy, selling into a market Monday that was already technically shaken and set for further declines. But Monday’s sharp sell-off was different than the September slump that has centered on.

Airline stocks in Asia-Pacific tumbled in Tuesday trade as coronavirus fears returned, with major stock markets also seeing declines. In Hong Kong, shares of China Eastern Airlines dropped 1.98% while China Southern Airlines fell 2.86%. Cathay Pacific also slipped 0.88%..

Bitcoin is trading in the red near $10,400 at press time, down 4% on the day, having faced rejection near $11,000 earlier on Monday. A decline in European stocks and U.S. stock futures and a rise in the U.S. dollar.

Stocks fell sharply on Monday as fears about the worsening coronavirus as well as uncertainty on further fiscal stimulus rattled traders. The Dow Jones Industrial Average dropped 804 points, or 2.9%. The S&P 500 lost 2.6% while the Nasdaq Composite.

Britain is at a “critical point” in the coronavirus pandemic, Prime Minister Boris Johnson will be told on Monday, as concern mounts that a second lockdown may be needed to stop the renewed spread of the disease. With daily cases.

Asian currencies are enjoying steady investor demand, continuing to rise against the dollar. European currencies are showing a more modest strengthening, mainly remaining within established trading ranges. The division between currency market leaders and outsiders now seems to be based.

The open interest on Bitcoin (BTC) options is just 5% short of their all-time high, but nearly half of this amount will be terminated in the upcoming September expiry. Although the current $1.9 billion worth of options signal that the.

Oil prices fell on Monday on the potential return of output from Libya as rising coronavirus cases also added to worries about global demand, although a tropical storm heading for the U.S. Gulf of Mexico limited losses. Brent crude was.

World GDP will return to the level it was before COVID-19 by mid-2021 after a stronger-than-expected economic bounce in recent months, Deutsche Bank said on Monday, but bloated debt levels and a shift in policy could heighten the risk of.

The dollar slipped and yen and yuan led Asia’s currencies a little higher on Monday, as investors looked ahead to a slew of U.S. Federal Reserve speakers this week and to a decision on the inclusion of Chinese government bonds.

U.S. stock futures were lower early Monday morning as the market tried to bounce back from its longest weekly losing streak in about a year. Dow Jones Industrial Average futures traded 176 points lower. S&P 500 futures and Nasdaq 100.

Bitcoin price has remained above $10,000 for some time, but will the momentum tip back in the bulls favor for a retest of the key multi-year resistance at $12K? The recent week has been relatively dull on the price movements.