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Market Overview - Page 391


FX indicates that the worst is possibly behind us
FX indicates that the worst is possibly behind us

In the last few weeks, the currency market proved to be a reliable sentiment barometer. Back in early March, we talked about warning signals that the worst might be ahead. Now, if we can still rely on these signals, there.

Bitcoin Is Fast Approaching $7,000—Here’s Why
Bitcoin Is Fast Approaching $7,000—Here’s Why

Bitcoin, which surprised markets with a sudden surge yesterday, has continued to climb today. The bitcoin price is fast approaching $7,000 per bitcoin, reaching $6,749 on the Luxembourg-based Bitstamp exchange earlier today after starting the week at under $5,000. Bitcoin.

The Inevitable Outcome Of The Oil Price War
The Inevitable Outcome Of The Oil Price War

One might reasonably posit that when Crown Prince Mohammed bin Salman (MbS) signalled that Saudi Arabia was once again going to produce oil to the maximum to crash oil prices in a full-scale oil price war, Russian President Vladimir Putin.

Apple limits online iPhone purchases to two per person amid coronavirus
Apple limits online iPhone purchases to two per person amid coronavirus

Apple Inc is limiting customer purchases of iPhones over its online stores in many countries including the United States and China to a maximum of two handsets per person, checks on its website on Friday revealed. The purchase caps come.

Coronavirus deaths in Italy overtake China as economic damage mounts
Coronavirus deaths in Italy overtake China as economic damage mounts

The world’s richest nations poured unprecedented aid into the global economy on Thursday as coronavirus cases ballooned in the new epicentre Europe, with the number of deaths in Italy outstripping those in mainland China, where the virus originated. With over.

Cryptocurrencies rise $23.8 billion in 24 hours as bitcoin jumps near 16%
Cryptocurrencies rise $23.8 billion in 24 hours as bitcoin jumps near 16%

Cryptocurrencies saw a sharp bounce higher after violent selling in the past two weeks despite equity markets not showing big moves to the upside. As of 8:42 a.m. Singapore time, the market capitalization or value of the entire cryptocurrency market.

South Korea stocks surge more than 7% as China keeps loan prime rate unchanged
South Korea stocks surge more than 7% as China keeps loan prime rate unchanged

Stocks in Asia Pacific rose on Friday as China kept its loan prime rates unchanged. South Korean stocks, which saw heavy losses on Thursday, jumped by the close as the Kospi advanced 7.44% to 1,566.15 while the Kosdaq index surged.

Oil surges as much as 23%, on track for best day ever, rebounding from Wednesday’s steep losses
Oil surges as much as 23%, on track for best day ever, rebounding from Wednesday’s steep losses

U.S. oil jumped as much as 23% on Thursday, putting it on track for its best day on record as it clawed back more than half of the losses from Wednesday’s swoon. U.S. West Texas Intermediate crude gained 21.4%, or.

FxPro Daily Insight for March 19
FxPro Daily Insight for March 19

Market overview High volatility remains on the stock markets, but on Thursday, the indices are moving in both directions, not only down. DJI adds 1.6%. FTSE100 added 0.8%, EuroStoxx50 – strengthens by 2.0%. Today, there have been new policy easing.

EM Central Banks change their crisis playbooks, despite currencies devaluation
EM Central Banks change their crisis playbooks, despite currencies devaluation

In March, cash was the number one choice for both stock players and the public. Demand for the dollar is off the charts from the population, and even more so – from the business. The Fed is unprecedentedly pumping the.

Data Shows Bitcoin Miners are Now Unprofitable; Here’s What This Means for BTC
Data Shows Bitcoin Miners are Now Unprofitable; Here’s What This Means for BTC

Bitcoin has been on a wild ride over the past several weeks and months, with the benchmark cryptocurrency plummeting from recent highs of $10,500 to lows of $3,500 before garnering significant buying pressure that has since sent it back to.

J.P. Morgan: U.S. economy to shrink 14% in the next quarter
J.P. Morgan: U.S. economy to shrink 14% in the next quarter

World leaders raced to shore up panic-stricken global markets on Thursday, pouring liquidity into the financial system as investors everywhere dumped assets, switching to dollars in cash amid the escalating coronavirus pandemic. Policymakers in the United States, Europe and Asia.

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