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Market Overview - Page 316


Yearn Finance (YFI) Just flipped Bitcoin’s dollar value
Yearn Finance (YFI) Just flipped Bitcoin’s dollar value.

DeFi tokens are leading crypto markets to their highest levels in terms of total market capitalization for over a year. One of the top-performing digital assets at the moment is YFI, as it surges over 70% on the day to.

Bitcoin Price Will ‘Explode’ if Coin Breaches $13,000
Bitcoin Price Will ‘Explode’ if Coin Breaches $13,000.

Bitcoin (BTC) will “explode” in price once it hits $13,000, one trader believes as Bitcoin futures trade at 6% above spot price. In a tweet on Aug. 18, the derivatives trader JSterz highlighted “extreme” Bitcoin futures spreads as a sign.

Turkey will push for oil and gas exploration rights
Turkey will push for oil and gas exploration rights.

An intensifying dispute in the Eastern Mediterranean over oil and gas exploration rights at sea has seen tensions flare between Turkey and Greece, with one regional expert describing the situation as the “most dangerous” in years. Turkey and Greece, both.

U.S. Futures, Europe Stocks Climb; Dollar Weakens
U.S. Futures, Europe Stocks Climb; Dollar Weakens.

U.S. equity futures climbed with European stocks on signs of strength in the housing market. A dollar gauge slid to the lowest since 2018. Treasuries edged higher and gold climbed back above $2,000 an ounce. Iron ore futures rallied to.

China’s Stock Rally Rages On as Analyst Predicts Unstoppable Upside
China’s Stock Rally Rages On as Analyst Predicts Unstoppable Upside.

China’s stock market could see an uninterrupted recovery in the medium-term, strategists say. Despite heightening geopolitical risks and territorial tensions, the nation’s economy is quickly rebounding.

S&P 500 on track for record close
S&P 500 on track for record close.

Stock futures rose on Tuesday after better-than-expected earnings from two retail giants, putting the S&P 500 on track to exceed its previous record close set in February before the coronavirus hit. The S&P 500 closed Monday at 3,381.99, just a.

World’s largest sovereign wealth fund reports $21 billion loss
World’s largest sovereign wealth fund reports $21 billion loss.

Norway’s huge pension fund — the largest sovereign wealth fund in the world — reported negative returns for the first half of the year on Tuesday, citing “major fluctuations” in equity markets. The Government Pension Fund Global said it returned.

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.

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