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Market Overview - Page 303


Stocks Drop After Fed Flags Risk; Treasuries Climb
Stocks Drop After Fed Flags Risk; Treasuries Climb

Stocks fell across much of the world after the Federal Reserve signaled continued concern over the pandemic weighing on the world’s biggest economy. U.S. equity futures pared declines and Treasuries advanced before key data on U.S. unemployment. The dollar held.

Bitcoin Will Hit $340K if BTC Price Repeats 2016 Halving Cycle Pattern
Bitcoin Will Hit $340K if BTC Price Repeats 2016 Halving Cycle Pattern

A look at the difference between halving cycle highs, lows and halving prices delivers huge BTC price targets which their creator cautions are “hopium.” Bitcoin (BTC) needs to hit $340,000 just to match its performance from its last halving cycle,.

It is time to start learning from South Korea
It is time to start learning from South Korea

On August 11, the OECD signaled that it would be revising its 2020 real (inflation-adjusted) GDP forecast for South Korea from -1.2% to -0.8%, adding to the confidence that the country is faring better economically than any other OECD member..

Global stocks fall as markets still rattled by Fed minutes
Global stocks fall as markets still rattled by Fed minutes

Asian and European share markets fell on Thursday, after the U.S. Federal Reserve’s latest meeting minutes highlighted doubts about the recovery of the world’s largest economy and knocked Wall Street from recent record highs. MSCI’s broadest index of Asia-Pacific shares.

In U.S.-China tech war, investors bet on China’s localisation push
In U.S.-China tech war, investors bet on China’s localisation push

As the U.S.-China “tech war” widens, investors are betting on China’s efforts to replace U.S. technologies with indigenous applications to run networks in the state sector. In recent months, local governments and state firms such as China Telecom have announced.

Bitcoin and Libra may find a place in a world of central banks digital currencies
Bitcoin and Libra may find a place in a world of central banks digital currencies

Cryptocurrency bitcoin and Facebook-backed Libra could play a role in a world where central banks globally begin to issue their own digital currencies, a former top central banker told CNBC’s “Beyond the Valley” podcast. While both have had their critics,.

Russia’s Navalny in coma in ICU after alleged poisoning
Russia’s Navalny in coma in ICU after alleged poisoning

Russian opposition politician Alexei Navalny is in a coma and on a ventilator in a hospital intensive care unit after falling ill from suspected poisoning that his allies believe is linked to his political activity. The 44-year-old foe of Russia’s.

Ex-Ripple founder McCaleb increases XRP sales 13-fold compared to 2019
Ex-Ripple founder McCaleb increases XRP sales 13-fold compared to 2019

When the XRP community is concerned about the price of XRP, there are often two major issues that are suspected of negatively affecting the price: The sales of Ripple itself and the sales of former architect and co-founder of the.

Stocks Climb After Wall Street Record; Gold Drops
Stocks Climb After Wall Street Record; Gold Drops

U.S. stock futures pushed higher with European equities in a show of optimism after the S&P 500 hit an all-time high. Gold slipped below $2,000 an ounce. Asia stocks were mixed. Sentiment was dampened after President Donald Trump said he.

3 Reasons Asian Stock Markets Will Toast a Biden White House Win
3 Reasons Asian Stock Markets Will Toast a Biden White House Win

Factor #1: Foreign PolicySince its inception, The Trump administration has pushed for an “America first” strategy, heightening tension among allies. Throughout the past year, the Trump administration pushed various allies in Europe and Asia to up their military spending. The.

98% of All Bitcoin Is Now Worth More Than When You Bought It
98% of All Bitcoin Is Now Worth More Than When You Bought It

At around $12,000, buying Bitcoin has been a profitable activity on 97.6% of all days since April 2013, data confirms. Bitcoin (BTC) has delivered gains to its holders on almost 98% of all days since 2013, new data confirms. According.

This year’s best safe-haven currency: Morgan Stanley
This year’s best safe-haven currency: Morgan Stanley

The investment bank picked the U.S. dollar as the best safe-haven currency in what’s left of turbulent 2020. The greenback fell to a 27-month low on Tuesday against a basket of its peers, where the dollar index reached 92.477 ⁠—.

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