Market Overview - Page 297

The Dollar’s demise continues following the Fed’s monetary policy framework changes. The dollar index has rewritten its August lows, falling to a new dip since May 2018. The world’s most popular currency pair, EURUSD, is trading one step away from.

China will likely become the world’s largest economy in a few years and it is preparing itself for major shifts in international trade. In a world rocked by the coronavirus pandemic and tensions with the U.S., the Chinese government has.

Results of a private survey on Tuesday showed China’s manufacturing activity expanded in August at the fastest pace in nearly a decade. The Caixin/Markit manufacturing Purchasing Managers’ Index (PMI) came in at 53.1 for August, compared to 52.8 in July..

The Dow and broader U.S. stock market were mixed during Monday’s open, as Apple (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA) began trading at their new split-adjusted price. While not a component of the Dow or S&P 500, Tesla has become an important.

Ether (ETH) options open interest grew by 230% to reach $393 million in the past three months. Although this is an impressive figure, it doesn’t fully reflect how the derivative instruments being used. The first thing one should take note.

European shares closed lower on Monday in the last session of the month, while trading volume was thin as U.K. markets were closed for a public holiday. The Stoxx Europe 600 Index lost 0.6%, after rising as much as 0.7%.

The Co-Founder and CEO of Bitmex, Arthur Hayes, has made a bold prediction that the price of Yearn Finance (YFI) will eventually hit $100,000. Mr. Hayes made this prediction not once, but on two occasions in the last 24 hours..

Oil and gas companies plunged over $156 billion into corporate takeovers and land deals during the second U.S. shale boom, in a massive bet that good times would continue and crude prices would rise. Many of those deals have become.

High-profile COVID-19 vaccines developed in Russia and China share a potential shortcoming: They are based on a common cold virus that many people have been exposed to, potentially limiting their effectiveness, some experts say. CanSino Biologics’ vaccine, approved for military.

They say 90 is the new 70, and in Warren Buffett’s case, it may be true.The chairman and CEO of Berkshire Hathaway announced Sunday — his 90th birthday — that his company has acquired a slightly more than 5% stake.

China’s five largest banks reported their biggest profit declines in at least a decade as they brace for further increases in bad loans in an economy weakened by the coronavirus pandemic. The five lenders — Industrial and Commercial Bank of.

Stock markets continue to move upwards, spurred by a combination of positive data and central banks actions. Macroeconomic indicators include higher than expected US personal income and outlay growth, rapid GDP recovery in Canada and an increase in China Services.