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Market Overview - Page 333


Global markets: buy the hope, sell the rebound
Global markets: buy the hope, sell the rebound.

The growth of financial markets has stalled, with American indexes losing more than 1% on Tuesday. On Wednesday morning, most Asian markets were at a small minus (about 0.2%). Currency markets confirm these sentiments, showing a slight slope towards the.

Coronavirus pain drives Big Oil’s dash for record debt
Coronavirus pain drives Big Oil’s dash for record debt.

The world’s top oil and gas companies locked in cheap borrowing rates to raise a record amount of debt in the second quarter of 2020 and boost cash reserves as a buffer against a collapse in revenues because of COVID-19..

Economists warn of U.K. jobs crisis ahead of crucial budget
Economists warn of U.K. jobs crisis ahead of crucial budget.

U.K. Chancellor of the Exchequer Rishi Sunak will deliver a fresh set of policy initiatives on Wednesday as Britain looks to spark an economic recovery from the coronavirus pandemic. In his March budget, Sunak announced a £30 billion ($39 billion).

Bubonic Plague Makes a Comeback in China. 2020 Couldn’t Get Crazier
Bubonic Plague Makes a Comeback in China. 2020 Couldn’t Get Crazier.

Judging by the craziness 2020 has brought us so far, one might think nothing could surprise us anymore. Well, think again. Bubonic plague, the one that killed half of Europe back in the 13th century, has just made a comeback.

UK house prices fall for longest period since 2010, Halifax says
UK house prices fall for longest period since 2010, Halifax says.

British house prices fell for a fourth month in a row in June as COVID-19 restrictions continued to depress the market, the longest run of monthly declines since 2010, mortgage lender Halifax said on Tuesday. Halifax said average house prices.

Hospitalizations jump 50% in California as coronavirus infections soar
Hospitalizations jump 50% in California as coronavirus infections soar.

New coronavirus cases soared in California over the July Fourth weekend, stressing some hospital systems and leading to the temporary closure of the state capitol building in Sacramento for deep cleaning, officials said on Monday. The number of people hospitalized.

Currency markets are calling for caution
Currency markets are calling for caution.

Economic indicators one after another are exceeding expectations, fuelling market growth after a series of strong macro reports were supported by the United States on Monday. The ISM Non-Manufacturing Index rose to 57.1 in June, which is much stronger than.

Stock futures down following a strong rally on Wall Street
Stock futures down following a strong rally on Wall Street.

Stock futures were lower in early Tuesday trading after a solid rally on Wall Street to start the week. Futures on the Dow Jones Industrial Average fell 176 points, while S&P 500 futures and Nasdaq 100 futures also traded in.

India can’t quickly distance itself from China
India can’t quickly distance itself from China.

A border clash with China in the Himalayas left 20 Indian soldiers dead and soured public sentiment, with many in India, including some local politicians, calling for a boycott of Chinese products. It exerted pressure on Prime Minister Narendra Modi’s.

Mike Pompeo: U.S. is ‘looking at’ banning TikTok and Chinese social media apps
Mike Pompeo: U.S. is ‘looking at’ banning TikTok and Chinese social media apps.

The U.S. is “looking at” banning TikTok and other Chinese social media apps, Secretary of State Mike Pompeo told Fox News on Monday. His comments come amid rising tensions between the U.S. and China and as scrutiny on TikTok and.

Oil rises on economic data but spike in U.S. virus cases caps gains
Oil rises on economic data but spike in U.S. virus cases caps gains.

Oil rose slightly on Monday as positive economic data supported prices, while a spike in coronavirus cases that could curb fuel demand in the United States limited gains. Brent crude was up 47 cents to $43.26 per barrel by 1:52.

Bitcoin Is the ‘New’ Apple — How BTC Price Could Reach $60,000 by 2023
Bitcoin Is the ‘New’ Apple — How BTC Price Could Reach $60,000 by 2023.

Bitcoin hangs near the chasm of the adoption curve, and its price looks similar to Apple’s stock in 2008 before it broke out with a 520% rally. In 1962, sociologist Everett Rogers published the well-known book Diffusion of Innovations in.

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