Market Overview - Page 301

Crude oil prices rose on Tuesday, supported by production cuts in the U.S. Gulf Coast as Tropical Storm Laura was forecast to become a major hurricane, while rising coronavirus cases in Asia and Europe capped gains. Brent crude oil futures.

London’s reputation as one of the world’s major tech hubs is in jeopardy as a result of the coronavirus pandemic. At the start of the last decade, a cluster of start-ups began to form around East London’s Old Street roundabout.

The German economy contracted by a record 9.7% in the second quarter as consumer spending, company investments and exports all collapsed at the height of the COVID-19 pandemic, the statistics office said on Tuesday. The economic slump was much stronger.

Stock markets made some developments on Monday: American indices added more than 1%, while Asian markets are also echoing the American momentum on positive signals of international trade. Reports of commitment to Phase 1 and further negotiations as well as.

A bullish start to the week is on tap, driven by hopes of de-escalating U.S.-China tensions and signals U.S. President Donald Trump will try to fast-track some coronavirus treatments. Hopes are also building that markets will get supportive comments out.

Cointelegraph presents five factors determining where BTC/USD may go in the coming days, and what traders should look out for. All eyes on the Fed and U.S. inflationStocks saw records last week with the S&P 500 hitting all-time highs. Despite.

European stocks rallied to a one-week high and equity futures climbed on signs that the Trump administration may fast-track vaccines and treatments for coronavirus. Market sentiment was supported by news over the weekend that the U.S. Food and Drug Administration.

Turkey is poised to produce a record amount of gold this year and the central bank will probably buy all of it — at prices near record highs. Production by one of the world’s top buyers of the precious metal.

The S&P 500 hit a new all-time high last week. It’s not the first time the stock market traded to an all-time while still in a recession. It happened four times before, during the recessions of 1961, 1980, 1982, and.

Crude oil prices rose on Monday as storms closed in on the Gulf of Mexico, shutting more than half its oil production, and on signs of progress in development of a COVID-19 treatment. Brent crude was up 32 cents, or.

The weakening U.S. dollar is set to slide even further, but its importance as the world’s reserve currency is unlikely to be diminished, according to analysts. The greenback had benefited as investors flew to safety amid the pandemic, which drove.

A majority of stock market strategists polled by CNBC expect Democratic candidate Joe Biden to win the U.S. presidential race — but they’re significantly split on what the election would mean for stocks. Fourteen of 20 strategists surveyed by CNBC.