Market Overview - Page 323

Investors’ interest in risk assets has returned to the financial markets. This occurred after the news about the positive results of coronavirus vaccine tests by Moderna. The S&P500 added 1.3% on Tuesday, while futures on this index add another 0.8%.

Interest in bitcoin and other cryptocurrencies, including ethereum, is booming—fueled by unprecedented central bank stimulus measures and rocketing demand for alternative finance. The bitcoin price, up around 30% so far this year, is being left in the dust by huge.

The U.K. announced Tuesday it will ban Huawei from its 5G networks, in a significant U-turn by the government that could significantly dent relations with China while appeasing the U.S.Speaking in Parliament, U.K. Culture Secretary Oliver Dowden said mobile network.

US consumer prices in June rose more than expected, to 0.6% y / y in June, adding the same per month. The main driver was fuel prices (+ 12.3% m / m), which is not surprising in light of the.

German ZEW economic sentiment index declined from 63.4 to 59.3 and came out worse than expected (60.1). Assessment of the current situation improves dramatically slowly, moving the respective index from -83.1 to -80.9 instead of the forecasted -65. But this.

European stocks extended a global retreat and German bonds climbed as investors weighed the risks of the upcoming earnings season and economic hit of rising virus cases. S&P 500 and Nasdaq futures pointed to a higher open after finishing in.

A potential new wave of coronavirus infections this winter poses a serious risk to the U.K. and could lead to as many as 120,000 hospital deaths from September to June, according to a report. A second wave of Covid-19 could.

Following last week’s record-high Bitcoin hash rate, the latest difficulty adjustment saw a change of +9.89%, bringing the level to a new all-time high of over 17.3 trillion on July 13. Despite a lack of recent significant Bitcoin (BTC) price.

The U.S. dollar edged up on Tuesday as diplomatic tensions between the United States and China and rising coronavirus cases knocked investor confidence, although moves in currency markets were small in a quiet session. While stock markets fell as investors.

China’s dollar-denominated exports and imports rose in June, as restrictions eased and countries started to reopen their economies. The June customs data beat expectations of a decline, with exports posting a rise of 0.5% as compared with a year ago,.

American tech companies’ wings were clipped yesterday. Nasdaq100 index, which at the beginning of trading in the U.S. exceeded 11000, ended the day with a 4% decline from the peak levels. The situation, which developed at exceptionally high speeds in.

The U.K. economy grew by less than expected in May, as the country began to gradually ease lockdown measures. Official figures revealed Tuesday that May GDP expanded by 1.8% on the month. Economists polled by Reuters had expected a monthly.