Market Overview - Page 334

The coronavirus has now killed more than 500,000 people around the world as the number of confirmed infections exceeded 10 million, according to data compiled by Johns Hopkins University. The United States accounts for more than 20% of all reported.

Diplomatic ties between Washington and Berlin have declined markedly in recent years and Germany’s foreign minister has appeared to warn that relations between the two countries may never be the same again. In the biggest signal yet of how strained.

Bitcoin (BTC) could crash to $6,000 and still remain bullish, one trader claimed on June 26 as the largest cryptocurrency tested $9,000 support. In a Twitter analysis, the popular trader known as SteveCrypt0 offered an alternative to the bearish sentiment.

Global equities sank and perceived safe-haven assets like U.S. Treasuries and gold gained on Friday as investors weighed hopes that Europe will continue to rebound from the coronavirus pandemic’s economic damage against concerns over a record surge in new COVID-19.

American households in May increased their spending by 8.2% while income decreased by 4.2% to April. This difference is due to a decrease in payments for employment support programs as the coronavirus restrictions in the US economy are lifted. The.

Another 1.48 million people filed for unemployment insurance across the US last week, as the grim economic toll of the coronavirus pandemic continued and infection rates picked up in many states. Claims for unemployment insurance have now fallen for 12.

Ripple co-founder Chris Larsen discussed U.S. regulators’ ignorance towards regulating the blockchain and crypto space and how it is helping China. In a recent interview with Wall Street Journal reporter Paul Vigna, Ripple’s co-founder and executive chairman Chris Larsen said.

That’s Bill Gates, the Microsoft Corp. co-founder whose philanthropic foundation has long funded the global fight against infectious diseases, speaking about the coronavirus pandemic Thursday night during a virtual town hall on CNN. Appearing with anchor Anderson Cooper and Dr..

The governor of Texas temporarily halted the state’s reopening on Thursday as COVID-19 infections and hospitalizations surged and the country set a new record for a one-day increase in cases. Texas, which has been at the forefront of efforts to.

US markets managed to break out in plus at the end of trading on Thursday. The S & P500 added 1.1%, the Dow Jones rose 1.2%, and the Nasdaq managed to stay above 10,000, following an increase in banking sector.

The dollar held firm on Friday as caution over rapid rises in U.S. coronavirus cases cast doubt over the reopening of the economy, keeping demand for the safe-haven currency intact. The dollar index stood at 97.360, having pared a large.

The U.S. and China are heading into a new “cold war” that could be more damaging to the world compared to the geopolitical contest between the U.S. and Soviet Union at the end of World War II, a consultant said.