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Market Overview - Page 379


US Consumer Confidence fell fast, but not deep yet
US Consumer Confidence fell fast, but not deep yet.

The US consumer confidence index fell to 86.9 in April from 118.8 a month earlier. Although this is the sharpest drop in the indicator in history, the index remained at comfortably high levels. It was steadily lower from the beginning.

FxPro Daily Insight for April 28
FxPro Daily Insight for April 28.

Market overview Futures on the SP500 added 1.4% before the start of the New York trading session after rising 1.4% a day earlier. Positive dynamics is ensured by a decrease in the number of daily new infected and the gradual.

Virus Likely to Keep Coming Back Each Year, Say Top Chinese Scientists
Virus Likely to Keep Coming Back Each Year, Say Top Chinese Scientists.

Chinese scientists say the novel coronavirus will not be eradicated, adding to a growing consensus around the world that the pathogen will likely return in waves like the flu. It’s unlikely the new virus will disappear the way its close.

Bitcoin Whale Suggests BTC Price Will Crash — Halving Is Priced in
Bitcoin Whale Suggests BTC Price Will Crash — Halving Is Priced in.

A major Bitcoin whale has implied that the upcoming halving is already priced in and BTC price can crash after the reward reduction. The third Bitcoin (BTC) block reward halving is set to occur in 14 days and this event.

Oil prices fall on brimming storage, global storage onshore was estimated to be about 85% full as of last week
Oil prices fall on brimming storage, global storage onshore was estimated to be about 85% full as of last week.

Oil prices plunged for a second day in a row on Tuesday on concerns about dwindling global capacity to store more crude and fears that demand may be slow to recover even after countries ease restrictions to combat the coronavirus.

Asian shares gain on signs lockdowns could ease
Asian shares gain on signs lockdowns could ease.

Most Asian shares made gains while U.S. stock futures fell on Tuesday amid choppy trade as a renewed decline in oil prices partially offset optimism about the easing of coronavirus-related restrictions. MSCI’s broadest index of Asia-Pacific shares outside Japan was.

Aussie recovery and suspicious weakening of the franc
Aussie recovery and suspicious weakening of the franc.

The world markets started trading session on Tuesday with a dive into the red zone. However, they managed to return to growth in the wake of news about the spread of coronavirus. Growth in the number of cases on April.

BP’s net profit slides 67% in the first quarter following a historic fall in oil prices
BP’s net profit slides 67% in the first quarter following a historic fall in oil prices.

Energy giant BP reported a significant fall in first-quarter net profit on Tuesday, as oil prices continue to dive amid intensifying concerns about the coronavirus crisis and dwindling storage capacity. The U.K.-based oil and gas company posted first-quarter underlying replacement.

These countries effectively contained the coronavirus, and their currencies are surging in response
These countries effectively contained the coronavirus, and their currencies are surging in response.

Countries like Australia, New Zealand and South Korea are among the few which managed to buck the trend and put a lid on the coronavirus outbreak, at least for now. Their success has boosted investor confidence and it’s showing in.

Ether Futures Activity Grows Ahead of July Protocol Upgrade
Ether Futures Activity Grows Ahead of July Protocol Upgrade.

BitMEX announced an ether quarterly futures product Friday, which it described as “the only one of its kind available in the market.” Settled in bitcoin, the contract trades the ether-dollar pair, and expiry is in June. This coincides with the.

Why the coronavirus crisis may prompt central bankers to scrap inflation targeting
Why the coronavirus crisis may prompt central bankers to scrap inflation targeting.

Central banking mandates could be permanently refocused away from inflation after the coronavirus crisis, economists have told CNBC. The new coronavirus — which has infected 2.9 million people worldwide and killed more than 206,000 — is expected to spark a.

FxPro Daily Insight for April 27
FxPro Daily Insight for April 27.

Market overview Futures on the SP500 add 1% before the start of the New York trading session after rising 1.4% on Friday. Positive dynamics are provided by optimism on a new package of measures to support small and medium-sized businesses.

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