Market Overview - Page 286

The winner of the US Presidential Race is still uncertain, and vote count continues. Both Trump and Biden say they are on their way to victory, but this confrontation promises to escalate into lawsuits and further counting of votes. The.

The U.K.’s central bank on Thursday held interest rates steady as England enters a fresh period of national lockdown measures expected to hit the country’s economic recovery. Along with maintaining its main lending rate at 0.1%, the Bank of England’s.

The Turkish lira resumed its drop as early presidential election results in the U.S. pointed to a closer race than polls had predicted, while traders focused on the prospects for a local interest-rate hike. The lira fell as much as.

People are tired in France where President Emanuel Macron imposed the country’s second nationwide lockdown beginning Friday to combat a resurgence of the coronavirus outbreak in Europe, says Parisian videographer Joseph Savage. “There was a kind of united front the.

Both candidates, Trump and Biden, retain their chances for a win, but the macro data take its turn. Recent ADP statistics have disappointed the weak growth in private sector employment. The report says that the private sector added 365K new.

Americans have already cast their votes, all that remains now is to clarify results definitively. Preliminary results (about 85% of the votes counted) show a shaky Biden leadership. 449 out of 538 votes counted: 236 for Biden vs 213 for.

S&P 500 futures fell and Treasuries rose on concern the U.S. is heading for a contested election after President Donald Trump called for the Supreme Court to intervene. Contracts on the S&P 500 sank 0.4%, erasing an earlier advance. Ten-year.

Oil rose on Wednesday after industry data showed crude inventories in the United States fell sharply, but trading was choppy as the U.S. presidential election results were unclear. West Texas Intermediate was up 65 cents, or 1.6%, at $38.27 a.

Grayscale’s Bitcoin (BTC) Trust is on track to reach 500,000 BTC by the end of 2020. Last week, Grayscale saw a record inflow of $215 million (15,907 BTC) that surpassed all previous investments into the Trust. The firm now holds.

An anonymous crypto user has just moved 69,370 Bitcoin from an address associated with the Silk Road darknet market, that more recently has become a popular hacking target. According to a Nov. 3 report from crypto intelligence firm CipherTrace, the.

Ant Group’s world record-setting initial public offering in Shanghai and Hong Kong has been suspended. The Shanghai and Hong Kong stock exchanges made the announcement on Tuesday. Alibaba, which owns a roughly 33% stake in Ant Group, saw its Hong.

Gold and gold miners are set to benefit no matter who wins the U.S. election this week, one investor told CNBC. That’s because the United States will likely to adopt a sizeable fiscal stimulus program no matter which candidate wins.