Market Overview - Page 288

TUI AG said on Tuesday that it was launching a global realignment program which will affect up to 8,000 jobs and aims to permanently reduce its overhead cost base by 30%. The London-listed German travel company said that it was.

The financial markets are trying to determine the future direction after a wave of decline on Monday. The dollar, which yesterday added against most competitors, has little change at the start of trading this morning. The development of the growth.

The U.K. government is telling the public to work from home again if possible, as Prime Minister Boris Johnson prepares to announce new restrictions on bars and restaurants in a bid to halt a surge in coronavirus cases. “If it.

Before the recent halving, many were prophesying a so-called “death spiral” for Bitcoin. This theory hinges on the idea that the halving of the block reward leads to an exodus of miners due to the sudden unprofitability of mining activities..

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.