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Market Overview - Page 301


Oil slips as demand concerns rise, Libya output looms
Oil slips as demand concerns rise, Libya output looms.

Oil prices slipped on Monday amid concerns about a stalled global economic recovery and falling fuel demand, as Libya signalled it would end its months-long blockade and resume output, adding yet more supply to the market. Brent crude was down.

Dollar resumes retreat as equity market mood lifts
Dollar resumes retreat as equity market mood lifts.

The dollar retreated on Monday against major peers as a wave of M&A deals lifted the mood on global equity markets and investors looked ahead to an event-packed week which includes a Fed meeting and the appointment of a new.

Dow futures jump more than 300 points
Dow futures jump more than 300 points.

U.S. stock futures rose early Monday morning after a sell-off in tech shares led to the market’s first back-to-back weekly declines in months. Dow Jones Industrial Average futures traded 306 points higher. The S&P 500 and Nasdaq 100 futures were.

Germany won’t abandon its massive gas pipeline with Russia yet
Germany won’t abandon its massive gas pipeline with Russia yet.

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,.

Bulls buy back the drawdown; the FX dynamic supports optimism
Bulls buy back the drawdown; the FX dynamic supports optimism.

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.

Virus Spreading Exponentially in U.K. for First Time Since March
Virus Spreading Exponentially in U.K. for First Time Since March.

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.

Dow jumps 200 points in choppy trading
Dow jumps 200 points in choppy trading.

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.

Higher inflation hardly would help Dollar this time
Higher inflation hardly would help Dollar this time.

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
China approves trial of new ‘nasal spray vaccine’ for COVID-19.

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.

BTC locked in DeFi increased by 20X
BTC locked in DeFi increased by 20X.

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.

World shares struggle to shake off bearish mood as U.S. tech giants wobble
World shares struggle to shake off bearish mood as U.S. tech giants wobble.

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.

Fear and frustration: Europe’s wealthy keep wallets closed
Fear and frustration: Europe’s wealthy keep wallets closed.

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.

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