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Market Overview - Page 329


UK says it will ban China’s Huawei from 5G networks in major U-turn
UK says it will ban China’s Huawei from 5G networks in major U-turn.

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.

Strong US inflation as a warning for markets
Strong US inflation as a warning for markets.

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.

Stronger EUR, despite weak German business sentiment
Stronger EUR, despite weak German business sentiment.

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 Extend Global Slump; Futures Climb
European Stocks Extend Global Slump; Futures Climb.

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.

Second wave of Covid-19 in UK could lead to 120,000 deaths
Second wave of Covid-19 in UK could lead to 120,000 deaths.

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.

Bitcoin Mining Difficulty Hits Record High of 17.3 Trillion
Bitcoin Mining Difficulty Hits Record High of 17.3 Trillion.

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.

Dollar grinds higher as U.S.-China tensions and virus unnerve investors
Dollar grinds higher as U.S.-China tensions and virus unnerve investors.

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 says its dollar-denominated exports, imports jumped in June, beating expectations of a decline
China says its dollar-denominated exports, imports jumped in June, beating expectations of a decline.

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,.

Can Tesla and others cause a ‘reverse market bubble’?
Can Tesla and others cause a ‘reverse market bubble’?.

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.

U.K. economy rebounded 1.8% in May as coronavirus lockdowns began easing
U.K. economy rebounded 1.8% in May as coronavirus lockdowns began easing.

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 US winding down crude oil drilling, despite prices rebound
The US winding down crude oil drilling, despite prices rebound.

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, Greed and Exuberance: 5 Things to Watch in Bitcoin This Week
Stocks, Greed and Exuberance: 5 Things to Watch in Bitcoin This Week.

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.

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