Market Overview - Page 289

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.

The next phase of the economic recovery is likely to be driven by commodity-intensive infrastructure investment, analysts have told CNBC, potentially setting the stage for further gains across the industrial space in the coming months. “We’ve already seen a metals-intensive.

Macroeconomic data for the UK remains on the bright side, despite a recent increase in the number of new coronavirus cases and new restrictive measures. As in the USA, UK Retail Sales indexes have quickly overcome the coronavirus collapse and.

The Federal Reserve’s average inflation policy and the threat of an asset bubble aren’t moving the stock market. It shows that investors are still skeptical toward the Fed that it would let inflation run high. At least in the near.

Health Secretary Matt Hancock declined to rule out a second national lockdown and said the acceleration of coronavirus cases and hospital admissions across the U.K. represents a “big moment” for the country. “I have learned over the last nine months.

Oil prices rose for a fourth day in a row on Friday, putting crude on track for a weekly gain of about 10%, after Saudi Arabia pressed allies to stick to production quotas and banks including Goldman Sachs predicted a.

Ethereum miners’ hourly revenue has hit a five-year record, with fees currently bringing in 2,275 ETH ($880K) per hour. The spike was triggered by yesterday’s announcement that Uniswap would airdrop it’s governance token UNI to past users of the decentralized.

European stocks struggled for momentum in early deals on Friday, with a resurgence in coronavirus cases across the continent raising concerns about its impact on a nascent economic recovery. The pan-European STOXX 600 index slipped 0.1% by 0708 GMT, with.

Stock futures hovered near breakeven in Thursday evening’s after hours trading, following a volatile session that saw big tech stocks sell off sharply once again — which dragged the broader market down with them in spite of encouraging jobless data..