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Market Overview - Page 306


Iron ore prices have hit multi-year highs
Iron ore prices have hit multi-year highs.

Spot iron ore prices rose to around $130 a dry metric ton on Tuesday, according to commodity price reporting agency Argus. This is the highest level since 2014. Iron ore prices have soared to multi-year highs this week as Chinese.

U.S. stock futures rise: strong gains in Big Tech stocks
U.S. stock futures rise: strong gains in Big Tech stocks.

U.S. stock futures rose on Thursday night as traders were set to end a week which saw the broader market reach a record level. Dow Jones Industrial Average futures traded 101 points higher, or 0.4%. S&P 500 and Nasdaq 100.

Prudent currency market gives the dollar a break
Prudent currency market gives the dollar a break.

The American Nasdaq and S&P500 rewrote highs on Wednesday but soon turned down and continues to do so Thursday morning. The media associate the correction with the cautious forecasts of the Fed. However, on the contrary, this should be considered.

Gold to Gain on Massive Currency Debasement
Gold to Gain on Massive Currency Debasement.

Gold will extend its record-setting rally on “massive currency debasement” and expectations for further stimulus, according to SkyBridge Capital, which recently added exposure to the metal after exiting in 2011. “When you think of currency debasement the question is, what.

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.

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