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Market Overview - Page 366


Coronavirus sows doubt over bitcoin’s rally after third ‘halving’
Coronavirus sows doubt over bitcoin’s rally after third ‘halving’.

As bitcoin investors brace for a long-awaited technical adjustment that will halve new supply of the cryptocurrency, the coronavirus pandemic has cast uncertainty over the expected rally that has historically accompanied such events. This “halving,” the third in bitcoin’s 11-year.

India records largest single-day jump in cases; South Korea warns of second wave of infections
India records largest single-day jump in cases; South Korea warns of second wave of infections.

India reported 4,213 new coronavirus cases in the last 24 hours to bring its tally of confirmed infections to 67,152, according to the latest data by the Ministry of Health and Family Welfare. The number of new cases was the.

The Fed funded S&P500’s 35% growth with $2.5 trillion help package. What’s next?
The Fed funded S&P500’s 35% growth with $2.5 trillion help package. What’s next?.

Last week, the U.S. indexes ended up with an increase of almost 4%. The S&P500 rose 35% against its low of March 23, which is explained by the strong position of the Fed and the U.S. authorities. The same can.

China’s purchases of US goods will fall way short of ‘phase one’ trade deal due to the coronavirus
China’s purchases of US goods will fall way short of ‘phase one’ trade deal due to the coronavirus.

The coronavirus pandemic will cause China’s purchases of U.S. goods this year to fall way short of what was agreed to in the “phase one” trade deal, according to a forecast by think tank Center for Strategic and International Studies..

U.S. Jobless Rate Surges to 14.7% in Worst-Ever Labor Reversal
U.S. Jobless Rate Surges to 14.7% in Worst-Ever Labor Reversal.

In the harshest downturn for American workers in history, employers cut an unprecedented 20.5 million jobs in April and the unemployment rate more than tripled to 14.7%. Joblessness now stands at the most since the Great Depression era of the.

Why the stock market is up even with historic job losses
Why the stock market is up even with historic job losses.

A record number of Americans just lost their job, and yet stocks are moving higher. This seems paradoxical given the economic toll — to say nothing of the emotional toll — on millions of people across the country without a.

Very few reasons for markets to cheer above-expectations NFP report
Very few reasons for markets to cheer above-expectations NFP report.

The decrease in the number of people employed in the US in April turned out to be less than expected by one and a half million people. However, this is not the case when such a slip can cause a.

Coronavirus Came From Bats, Can Infect Cats, Ferrets, WHO Says
Coronavirus Came From Bats, Can Infect Cats, Ferrets, WHO Says.

A World Health Organization scientist said Covid-19 comes from bats and can spread among cats amid an international debate about the virus’s origin. The novel coronavirus comes from a group of viruses that originate or spread in bats, and it’s.

This Bitcoin Halving Is Different, Crypto Valley Experts Agree
This Bitcoin Halving Is Different, Crypto Valley Experts Agree.

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..

U.S. drillers expected to slash oil & gas rigs to lowest ever
U.S. drillers expected to slash oil & gas rigs to lowest ever.

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.

Only the stock market now believes in a V-shaped recovery
Only the stock market now believes in a V-shaped recovery.

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.

Fat tail of unemployment’s wave
Fat tail of unemployment’s wave.

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.

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