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Market Overview - Page 362


Oil and European shares rise as lockdowns ease; gold jumps
Oil and European shares rise as lockdowns ease; gold jumps.

European stock markets rose on Monday and oil prices climbed to their highest in as much as two months as a loosening of coronavirus shutdowns boosted market sentiment, even though the deadly outbreak has yet to be fully contained. Warm.

What did eight weeks and $3 trillion buy the U.S. in the fight against coronavirus?
What did eight weeks and $3 trillion buy the U.S. in the fight against coronavirus?.

Unemployment checks are flowing, $490 billion has been shipped to small businesses, and the U.S. Federal Reserve has put about $2.5 trillion and counting behind domestic and global markets. Fears of overwhelmed hospitals and millions of U.S. deaths from the.

Powell says GDP could shrink more than 30%, but he doesn’t see another Depression
Powell says GDP could shrink more than 30%, but he doesn’t see another Depression.

The U.S. economy could shrink by upwards of 30% in the second quarter but will avoid a Depression-like economic plunge over the longer term, Federal Reserve Chairman Jerome Powell told “60 Minutes” in an interview aired Sunday. The central bank.

More anti-lockdown protests seen in Germany as coronavirus fatigue spreads in Europe
More anti-lockdown protests seen in Germany as coronavirus fatigue spreads in Europe.

Anti-lockdown protests were seen across Germany at the weekend as fatigue over restrictions grows in the region’s largest economy, and beyond. A number of protests against the government’s coronavirus policy and restrictive measures took place in various Germany cities, including.

Dow futures jump 300 points, rebounding from last week’s losses
Dow futures jump 300 points, rebounding from last week’s losses.

Futures contracts tied to the major U.S. stock indexes rose in early Monday morning trade as investors pored over comments from Fed Chairman Jerome Powell on the state of the economy, in light of last week’s market losses. Dow Jones.

Bitcoin is the best-performing major asset of 2020
Bitcoin is the best-performing major asset of 2020.

As bitcoin’s price grinds toward $10,000, its performance over a much longer timescale reached a significant milestone this month. While most traders focus on bitcoin’s spot price, zooming out on a more extended timeframe reveals a bullish trend for the.

Slovenia becomes first European nation to declare an end to its coronavirus epidemic
Slovenia becomes first European nation to declare an end to its coronavirus epidemic.

Slovenia has become the first European country to declare its domestic coronavirus outbreak officially over. The country’s government confirmed in a statement on Friday that its Covid-19 epidemic had ended, after Slovenia’s National Institute of Public Health concluded “all indicators.

Grim retail and manufacturing data from the US and China
Grim retail and manufacturing data from the US and China.

This morning China released April data on retail sales and industrial production. That month, the work of factories was resumed, and movements were restored, so the dynamics of consumers and producers may become exemplary for other countries. And there is.

U.S. House aims to pass $3 trillion Democratic coronavirus bill rejected by Republicans
U.S. House aims to pass $3 trillion Democratic coronavirus bill rejected by Republicans.

The U.S. House of Representatives is set on Friday to debate and vote on a $3 trillion Democratic bill aimed at salving the heavy human and economic toll of the coronavirus pandemic that has caused almost 85,000 U.S. deaths and.

Bitcoin Bears Say These 5 Metrics Will Stop BTC From Reclaiming $10K
Bitcoin Bears Say These 5 Metrics Will Stop BTC From Reclaiming $10K.

Bitcoin (BTC) sellers are pinning their hopes on continuing to see sub-$10,000 prices in the aftermath of the halving based on five key futures market metrics. The five measures are open interest, funding, long and shorts delta, bearish divergences, and.

3 Reasons Why China’s Virus-Era Flex to Tame Hong Kong Will Fail
3 Reasons Why China’s Virus-Era Flex to Tame Hong Kong Will Fail.

The People’s Bank of China (PBoC) and major financial regulators in the nation are planning to open up the country’s Southern region to the “Greater Bay Area” that include Hong Kong and Macau. The Chinese government is attempting to tame.

Gold Price Blings 4-Week Highs as Analysts Predict $3,000 in 2021
Gold Price Blings 4-Week Highs as Analysts Predict $3,000 in 2021.

The gold price has hit a four-week high against the U.S. dollar. As the Dow Jones continues to stagnate in a coronavirus recession, the spot price of gold hit $1,738 earlier today. It will most likely continue to rise, passing.

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