Market Overview - Page 293

Germany has come under increasing pressure to pull the plug on its controversial giant gas pipeline project with Russia, following the suspected poisoning of Russian opposition politician Alexei Navalny. Experts say Berlin is unlikely to do so for now, however,.

Global markets are experiencing some relief at the beginning of a new week. Pressure on the US indices has stopped approaching the 50-day average, which signifies this dip as technical and short term. The S&P 500 went below this line.

Coronavirus is now spreading rapidly again across the U.K. for the first time since March, prompting new restrictions in Birmingham, the country’s second biggest city. Government figures put the so-called “R” rate — the reproduction number that shows how fast.

Stocks rose in another volatile session on Friday as tech once again attempted to rebound from its recent slump. The Dow Jones Industrial Average traded 237 points higher, or 0.9%. The S&P 500 climbed 0.7% and the Nasdaq Composite traded.

Consumer price growth in the US has exceeded economists’ expectations for the third consecutive month. Published figures for August showed a 0.4% increase after two months of a 0.6% rise. Annual growth accelerated to 1.3%, the highest since March, although.

China approves trial of new ‘nasal spray vaccine’ for COVID-19. In a major move, China’s National Medical Products Administration has cleared a new ‘nasal spray’ COVID-19 vaccine for human trials. The solution is the first of its kind to be.

The amount of BTC locked in decentralized finance projects increased by more than 30% in the past week, despite falls in the price of Bitcoin (BTC) and Ethereum (ETH). The total USD value locked (TVL) can go up and down.

Share markets struggled globally on Friday in a shadow cast by overnight falls in U.S. big tech shares, as well as doubts about the prospects for a U.S. stimulus after the Senate rejected a Republican bill. European stocks are expected.

Consumer transaction studies in countries including Britain, Denmark, France and Sweden show a pattern also seen in the United States: even as shops re-opened, high-income consumers kept their wallets zipped up. British consumers earning 40,000 pounds ($51,250) or more after.

The United States’ unwillingness to spend money is its biggest disadvantage in a tech race with China, according to a cybersecurity and technology expert. From imposing restrictions on telecommunications giant Huawei to issuing executive orders banning transactions with ByteDance, and.

The U.K. economy grew 6.6% in July on a monthly basis, according to initial estimates published Friday, as the economy seeks to recover from the sharp downturn caused by coronavirus-induced lockdown measures. July’s estimated growth in GDP (gross domestic product).

The British pound still being hit hard in September, with severe losses against the dollar and euro. The departure from the area around 1.35 at the beginning of the month due to dollar recovery has been replaced by a stronger.