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Market Overview - Page 305


Tech stocks and gold lead the rebound as dollar declines
Tech stocks and gold lead the rebound as dollar declines

It seems that after a short recharge, the markets have returned to the trends of recent months: outperforming growth in stocks of technology companies, strengthening gold and a declining dollar. The Nasdaq100 index updated its historical highs to 11300, adding.

Gold rush at Turkish bazaar a test of trust for lowly lira
Gold rush at Turkish bazaar a test of trust for lowly lira

Hasan Ayhan followed his wife’s instructions last week and took their savings to buy gold at Istanbul’s Grand Bazaar as Turks scooped up bullion worth $7 billion in a just a fortnight. With memories of a currency crisis which rocked.

Ripple confirms ODL plans for India, demands regulatory clarity
Ripple confirms ODL plans for India, demands regulatory clarity

Ripple‘s Managing Director for South Asia and MENA, Navin Gupta, has revealed more details about the company’s plans for India. In an interview with local Indian media, Gupta confirmed that Ripple plans to create a corridor for India. With a.

U.S. Futures Rise With Europe Stocks; Metals Climb
U.S. Futures Rise With Europe Stocks; Metals Climb

U.S. equity futures and European stocks advanced, following a rally that began in China after the country’s central bank pumped cash into the financial system, signaling that it wants to ease monetary policy. Commodity and technology shares supported the Stoxx.

Dollar on defensive as markets eye U.S. politics, Fed minutes
Dollar on defensive as markets eye U.S. politics, Fed minutes

The dollar edged lower and commodity currencies inched higher on Monday as investors were relieved by a delay in a review of the U.S.-China trade pact which left the deal intact. Uncertainty ahead of a week that includes minutes of.

Russia: West is trying to ‘lure’ away its scientists because of vaccine
Russia: West is trying to ‘lure’ away its scientists because of vaccine

The head of Russia’s vaccine-development body has claimed that Western research institutions are seeking to “lure” away its scientists to work for them. Alexander Gintsburg alleged that attempts to poach scientists from Russia to work in Europe and the U.S..

Wealthy Investors Bet Against the Dollar – And That’s Gold Rally Fuel
Wealthy Investors Bet Against the Dollar – And That’s Gold Rally Fuel

Hedge funds and wealthy investors are betting against the U.S. dollar for the first time in over two years. The fading dollar, after four months of a downtrend, could catalyze a newfound gold rally. Analysts have attributed the weakening dollar.

Belarus’ president remains defiant
Belarus’ president remains defiant

Belarusian President Alexander Lukashenko has rejected calls to quit following his contested re-election, warning that the former Soviet republic would “perish as a state” if it was forced to repeat the vote. Opposition protesters took to the streets for the.

The intensifying China-US stimulus war
The intensifying China-US stimulus war

Chinese markets are adding 2-3% on Monday morning after reports that the People’s Bank of China will expand medium-term lending for the financial system. The promise of capital feeds the growth of Chinese markets. For Europe and the US, this.

‘How Can You Be Bearish?’ Asks Bitcoin Trader as Tether Surpasses $12B
‘How Can You Be Bearish?’ Asks Bitcoin Trader as Tether Surpasses $12B

The market capitalization of Tether (USDT) surpassed $12 billion as of Aug. 14, according to cryptocurrency market analytics firm Coinmetrics. Meanwhile, some believe the rapidly-rising valuation of the dominant stablecoin positively benefits Bitcoin (BTC) in the long term. But some.

Europe’s Summer Unravels With Covid Spikes and Travel Chaos
Europe’s Summer Unravels With Covid Spikes and Travel Chaos

If this summer was supposed to offer hope that coronavirus was under control in Europe, spikes in cases across the continent and ensuing travel chaos have given governments a worrying reality check. From France down to Ukraine, the number of.

U.S. Futures Slip; Travel Rules Hit Europe Stocks
U.S. Futures Slip; Travel Rules Hit Europe Stocks

U.S. futures edged lower ahead of retail sales data for July, while European stocks slumped as fresh quarantine rules took hold in the U.K. Treasury yields declined after rising for five days and the dollar was steady. The Stoxx Europe.

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