Market Overview - Page 350

The World Bank said on Tuesday that it expects the coronavirus and resulting recessions to leave “lasting scars” on developing and emerging market countries, with the worst damage on oil exporters and those suffering financial crises. In analytical chapters of.

World stock markets hit their highest levels since March and oil prices jumped on Tuesday as signs of a global economic recovery from the coronavirus pandemic offset concerns over the worst civil unrest in the United States in decades. Despite.

The Australian dollar, often seen as an indicator of the growth of the Chinese economy. This week its growth snowballing with Monday gains exceeded 2% and another 0.8% so far on Tuesday. The pair ultimately played the March collapse to.

At around 23:05 UTC (7:05 p.m. Eastern Time), bitcoin (BTC) rose from $9,895 to around $10,429 over the course of 30 minutes as a new wave of volatility greeted the end of the daily closing period for June 1. The.

In a press conference this afternoon, Donald Trump took a mandatory few moments to express his condolences to George Floyd. But that just was the sugar he used to coat the pill he was about to force down our throats..

Russia’s State Duma hates bitcoin, ether, ripple, you name it. If it is not the ruble, or a currency issued by a state, Russia’s government is not into it. The government posted an updated version of their new draft law.

Global markets are growing, and companies are trying to seize this opportunity to raise capital. US public companies have sold new shares for $60 billion in May. The share issue for more than $120 billion so far this year is.

Oil prices rose on Tuesday, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a virtual meeting expected later this week. Brent crude futures rose 0.94%, or 36 cents,.

China’s largest contract chipmaker, Semiconductor Manufacturing International Corporation (SMIC), has filed for a listing in Shanghai that will raise 20 billion yuan ($2.8 billion). The move comes as the company looks to bolster investment in its technology amid the escalating.

A global pandemic, racial strife, political upheaval — and a rising stock market amid the chaos. While it sounds a lot like 2020 it also has echoes all the way from 1968. Both years featured history-making levels of tumult, and.

How can a company be doing worse open than when it is closed? That’s the puzzle presented on Monday by the latest round of purchasing managers index readings across the globe, showing still depressed conditions. The IHS Markit eurozone manufacturing.

Even with the risk of a hard Brexit hanging over their heads, pound traders seem to be looking the other way. The currency touched a three-week high against a weaker dollar, one day before fraught trade negotiations resume between London.