Market Overview - Page 325

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.

The number of drilling rigs in the US continued to decline last week, reaching a new low of 258 units (oil + gas). The number of oil rigs dropped to 181 compared to a historic low of 179 in 2009..

Stocks under pressure: does “valuation” matter?The macro outlook seemed more or less stable on Monday. Prior to trading, futures for the Dow Jones, S&P 500 and more were modestly up, despite concerns mounting over coronavirus. Specifically, one source quoted by.

Shares of Tesla hit a new all-time high on Monday, extending the stock’s record run, as investors continue to pile into the Elon Musk-led company. And as the company’s valuation climbs ever higher, speculation is growing that the company will.

U.S. equities touched a five-week high on expectations earnings will offer an optimistic outlook for the world’s biggest economy amid a raging coronavirus pandemic. Oil erased an earlier loss. The S&P 500 was back to being basically even this year,.

Singapore has developed a blockchain-based payments network that could enable faster and cheaper international settlements, authorities said on Monday, adding that the next step was a commercial rollout. The final phase of the years-long ‘Project Ubin’ saw the Monetary Authority.

Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.2%, cashing out around $8.2 billion at its current share price, the firm’s annual filing released on Friday showed..

Oil prices dropped on Monday on big spikes in COVID-19 infections over the weekend in the United States and elsewhere while traders await an OPEC technical meeting expected to recommend an easing of supply cuts. Brent crude LCOc1 fell 65.