Market Overview - Page 364

With the Bitcoin halving just four days away, CV Lab, an incubator and co-working space for blockchain companies, along with Cointelegraph, invited a group of eight experts from Switzerland Crypto Valley for a live panel discussion held on May 7..

The number of oil and gas rigs operating in the United States is expected to hit an all-time low this week – reflecting data going back 80 years – as the energy industry slashes output and spending to deal with.

World stock markets are showing growth, but these dynamics have less and less support from macroeconomic data. Weekly data on the number of jobless claims in the United States looks like the most timely assessment of the labour market. This.

Weekly US Jobless Claims data looks the most timely estimate of the labour market. And this assessment can hardly be called optimistic. Last week, there were 3.169 million people claimed for unemployment insurance. The wave of the end of March.

U.S. stock futures rose early Friday morning after more gains in tech led to the Nasdaq Composite erasing all of its losses for 2020. Dow Jones Industrial Average futures were up by 235 points, implying an opening gain of about.

A rally in bitcoin led the cryptocurrency market higher ahead of a major technical event for the digital coin and as industry participants report an increased interest from institutional investors. Bitcoin crossed $10,000 on Friday morning Singapore time, the first.

Top officials from the U.S. and China held a phone call late Thursday Eastern time to discuss trade matters including the “phase one” deal that was signed in January. U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer.

Unemployment rolls continued to swell in the U.S. last week, though jobless claims hit their lowest level since the economy went into lockdown made to battle the coronavirus pandemic. First-time filings for unemployment insurance hit 3.17 million last week, bringing.

Oil prices rallied for five consecutive days this week amid investor optimism over the relaxing of coronavirus lockdowns in the U.S. and around the world, but several energy analysts argue it’s too soon to get carried away. The commodity that.

Crude oil inventories in the US last week grew by 4.6 million barrels, according to a new EIA report. The growth was weaker than expected (8.5 million). Positive for oil was also a further increase in reserves in the country’s.

In early trading at 00:00 UTC, the world’s oldest cryptocurrency was around $8,957 before jumping as high as $9,399 at 13:00 UTC (9 a.m. EDT) on spot exchanges including Coinbase. It was changing hands at a price above its 10-day.

Turkey’s lira fell to a record low of 7.25 per U.S. dollar TRY=, after traders interpreted comments from a Federal Reserve policymaker as ruling out a Fed swap line to cushion Ankara’s depleted reserves. Sterling rallied after the Bank of.