Market Overview - Page 323

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.

The financial markets are today in the red zone. China’s indexes are losing more than 3% on the intensifying trade discussion between the U.S. and China. The Nasdaq Index along with its largest companies are suffering much more than the.

Gold traded near $1,900 an ounce, edging closer to its all-time high set almost nine years ago, as concerns about global growth buoyed haven demand. Increasing signs that the prolonged coronavirus pandemic is stalling an economic recovery and the recent.

The Securities and Exchange Commission’s (SEC) job is to make sure investors don’t get hurt by unfair or unruly markets. As Tesla stock takes off like one of Elon Musk’s rockets, SEC Chair Jay Clayton is sweating bullets. He’s worried.

Banks can now offer cryptocurrency and digital asset custody to their clients, but what does this really mean? As you may know, the Office of the Comptroller of the Currency (OCC) announced Wednesday that nationally chartered banks in the U.S..

Mainland Chinese stocks deepened losses by the afternoon, with other Asia Pacific markets also moving lower as U.S.-China tensions worsened on Friday. In mainland China, the Shanghai composite fell 4.20%, while the Shenzhen composite tumbled 4%. The Shenzhen component dived.

China’s Foreign Ministry announced Friday that it is revoking the license for the U.S. consulate general in the southwestern Chinese city of Chengdu. The ministry also ordered the consulate general to cease operations, according to an online statement. “The current.

The number of Americans filing for unemployment ticked back up after 15 weeks of trending downward, with 1.4 million people submitting initial jobless claims for the week ending July 18. Roughly 1 million more freelancers, independent contractors, gig workers and.

Within the last hour Bitcoin (BTC) price broke out of its sideways range to briefly push above the $9,500 level. The move comes after a slight uptick in daily trading volume since Monday (July 20) and traders will now watch.