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Market Overview - Page 322


Hong Kong’s new tech index up nearly 2.9% on second day of trade
Hong Kong’s new tech index up nearly 2.9% on second day of trade.

Hong Kong’s new tech index rose on its second day of trading as experts said its diverse list of constituents will be attractive for traders looking to invest across the sector. The Hang Seng Tech Index rose 2.64% as of.

The dollar raises its head after the fall
The dollar raises its head after the fall.

The weakening of the dollar on Monday made a threatening turn, triggering a wave of stop orders, exacerbating the situation. Very often,  such sharp growth impulses are followed by reversals. EURUSD seems overbought During the day, the pair’s rate jumped.

Bitcoin Price Finally Snaps Multi-Year Downtrend, but Is $20K Now Possible?
Bitcoin Price Finally Snaps Multi-Year Downtrend, but Is $20K Now Possible?.

Bitcoin (BTC) price rallied within $50 of the $11,000 mark after managing a strong breakout above the $10,500 level. For the past 6 months analysts have kept a laser sharp focus on the key level and many forecast that Bitcoin.

European equities to outperform U.S. stocks
European equities to outperform U.S. stocks.

European equities could jump 10% on the back of a historic agreement over fiscal stimulus in the European Union, Morgan Stanley said in a note Tuesday. After one of the longest ever European summits a week ago, the 27 member.

What drives EURUSD higher
What drives EURUSD higher.

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.

Ethereum Price Rally and DeFi impact
Ethereum Price Rally and DeFi impact.

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.

Global Second Waves Emerge; China Cases Jump
Global Second Waves Emerge; China Cases Jump.

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 Price Logs Two-Month High Above $10,000
Bitcoin Price Logs Two-Month High Above $10,000.

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.

Moving Beyond Warren Buffett: Who Can ‘Oracle’ Tech Stocks?
Moving Beyond Warren Buffett: Who Can ‘Oracle’ Tech Stocks?.

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.

Gold updates records, but not without caution
Gold updates records, but not without caution.

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.

Trump administration gives Beijing an advantage
Trump administration gives Beijing an advantage.

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 prices surge to record high. What’s behind the rally?
Gold prices surge to record high. What’s behind the rally?.

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.

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