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Market Overview - Page 343


Americans will remain barred from European travel as the EU gradually reopens its borders
Americans will remain barred from European travel as the EU gradually reopens its borders.

Travelers from a list of 15 nations will be allowed entry to the European Union starting Wednesday, but the United States is not on the list. Thirty countries in Europe (26 of which are members of the EU) closed their.

Markets looking for positives in Chinese data and COVID-19 mortality in U.S.
Markets looking for positives in Chinese data and COVID-19 mortality in U.S..

Markets show growth on Tuesday morning after indications of a stronger recovery. In addition, the U.S. indices rose more than 1% on Monday. Interestingly, the growth of the U.S. indexes is taking place on the background of a more significant.

Dollar stable, markets torn between upbeat data and virus fears
Dollar stable, markets torn between upbeat data and virus fears.

The dollar held on to modest gains on Tuesday as upbeat U.S. home sales and Chinese factory data left traders torn between optimism about global growth rebounding and fears a surge in new COVID-19 cases could jeopardise a swift V-shaped.

Bitcoin Price Bulls Pin Hopes on Descending Channel Breakout to $10K
Bitcoin Price Bulls Pin Hopes on Descending Channel Breakout to $10K.

Bitcoin (BTC) price showed a bit of strength by briefly pushing to $9,235 as the daily close occurred but at the time of writing the top-ranked digital asset on CoinMarketCap is trading below the $9,200 resistance. As discussed in the.

Without more fiscal policy, the market could be in trouble in the next few weeks
Without more fiscal policy, the market could be in trouble in the next few weeks.

2020 has seen a 1929-style stock market meltdown, a retail investor-fueled 1999-style rally, and even Zimbabwe is having a repeat of its 2008 hyperinflationary collapse. And that’s just in the first half of the year! Who knows what craziness we’ll.

UK economy shows biggest drop in 40 years in early 2020
UK economy shows biggest drop in 40 years in early 2020.

Britain’s economy shrank by the most since 1979 in early 2020 as households slashed their spending, according to official data that included the first few days of the coronavirus lockdown. Gross domestic product dropped by a quarterly 2.2% between January.

China passes controversial national security law for Hong Kong
China passes controversial national security law for Hong Kong.

The top decision-making body in China’s parliament has passed the contentious national security law for Hong Kong, according to a member of the Standing Committee of China’s National People’s Congress. Tam Yiu Chung, the sole Hong Kong delegate to the.

Oil major Shell to write down up to $22 billion of assets in second quarter
Oil major Shell to write down up to $22 billion of assets in second quarter.

Oil giant Royal Dutch Shell said on Tuesday it will write down the value of its assets by up to $22 billion in the second quarter, after revising down its long-term outlook for oil and gas prices. It comes after.

Worst Yet to Come, WHO Says
Worst Yet to Come, WHO Says.

New York City is reconsidering a plan to allow indoor dining July 6, as other states experience a surge in Covid-19 cases after reopening restaurants and bars. One of those states, Florida, reported a jump in its double-digit infection rate..

Dow holds 400-point gain after housing data surges in May, even as coronavirus cases top 10 million
Dow holds 400-point gain after housing data surges in May, even as coronavirus cases top 10 million.

The Dow Jones Industrial Average was sharply higher Monday, partly on the back of upbeat economic data and a surge in shares of Boeing. However, investors were still parsing weekend data that highlight the persistence of coronavirus in hot spots,.

Why Trump’s Reopening Won’t Save the Economy
Why Trump’s Reopening Won’t Save the Economy.

President Donald Trump decided to reopen the U.S. economy even if the pandemic wasn’t under control. While we saw an improvement in job numbers and retail sales, the economy is still damaged from the pandemic. It will take a long.

Crypto Research Report Predicts $397K Bitcoin Price by 2030
Crypto Research Report Predicts $397K Bitcoin Price by 2030.

Researchers behind the June 2020 report from the Crypto Research Report used Bitcoin’s target addressable market to predict a rise to $397K. A new report from a crypto research group suggests that the price of Bitcoin could approach $400,000 in.

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