Market Overview - Page 318

EURUSD has updated its 22-month high, breaking above 1.1760. The growth of the euro can be explained by the influence of the Swiss National Bank. It is trying to weaken the franc, buying mostly euros in its FX reserves. In.

On Saturday Bitcoin (BTC) and Ether (ETH) price perked up as BTC briefly pushed above $9,700 and Ether set a 2020 high at $309. The weekend surge comes as a bit of a surprise as weekends are typically marked by.

Health officials across the globe are grappling with second waves of the coronavirus pandemic, with outbreaks from China to Spain serving as reminders of the difficulty in permanently stamping out the pathogen. China, where the virus first emerged, reported the.

Bitcoin‘s price crossed into five figures on Sunday to hit its highest level in nearly two months. However, it still lags Ethereum’s ether token, which recently traded at 13-month highs. Bitcoin rose to $10,135 at 10:05 UTC – a level.

Warren Buffett has an unparalleled record of investing in winning businesses for epic returns. What does it say about the environment for capital markets, that the Oracle of Omaha’s last decade was a lost decade? From 1964 to 2019, Berkshire.

Nothing seems to be standing in the way of Gold right now. The aggravation of relations between China and the United States is causing traction in protective assets, thus the yen and the franc are growing. Shares in Shanghai and.

China would prefer to see U.S. President Donald Trump win a second term in office as it would allow Beijing to continue to pursue its international ambitions, said an analyst on Monday. “Bluntly, Beijing would prefer to see the Trump.

Gold touched record prices as worries over issues such as the coronavirus pandemic as well as U.S.-China tensions weighed on investor sentiment. In the morning of Asian trading hours on Monday, spot gold traded at about $1,931.11 per ounce after.

Flash PMI estimates for European countries were very strong. Except for the unpleasant surprise in France’s Manufacturing, the figures exceeded expectations and firmly entered the growth area. UK and German Services PMI turned out to be significantly higher than previous.

After rocketing higher in March as the ultimate haven currency, the dollar is now headed for its worst month since the beginning of 2018, and many strategists see the sell-off continuing. Negative real rates in the U.S., the relentless spread.

The price of gold has rallied by 30% since March 20, from $1,454 to $1,892. It is now merely $30 away from reaching a new record high for the first time since 2011. Investors believe the rally of the precious.

British retail sales jumped back almost to pre-coronavirus lockdown levels in June when non-essential stores in England reopened, giving a boost to beleaguered clothing stores. Sales volumes in June leapt by 13.9% from May, above all forecasts in a Reuters.