Market Overview - Page 396

During the mainstream market’s current decline, investment advisors are giving out a myriad of advice, with some even mentioning Bitcoin (BTC). Morgan Creek Digital co-founder and partner, Anthony Pompliano, or “Pomp,” tweeted an inquiry to his followers, asking what their.

Fear about the coronavirus has pulled the S&P 500 down nearly 20% from its record high. So what? For many investors, Wall Street’s recent deep losses are marking the end of the longest S&P 500 bull market on record, and.

Oil prices fell for the second straight day on Thursday amid a broad decline in global markets after the United States banned travel from Europe following the World Health Organization’s decision to declare the coronavirus outbreak a pandemic. The slump.

China’s central bank is expected to cut key rates soon, following a directive from a meeting led by the country’s second-in-command, Premier Li Keqiang. Li chaired an executive meeting of China’s highest administrative body, the State Council, on Tuesday. In.

Italy has tightened its nationwide lockdown further in response to the rising death toll from coronavirus, ordering all non-essential shops and services to close. Announcing the measures Wednesday evening, Italian Prime Minister Giuseppe Conte said supermarkets and pharmacies will be.

Bitcoin (BTC) continued choppy trading behavior on March 11 as analysts revealed that the “black swan” state of the markets could produce fresh losses. Data from Coin360 and Cointelegraph Markets painted a precarious picture of BTC/USD strength on Wednesday. $7,750.

OPEC kingpin Saudi Arabia unveiled plans Wednesday to dramatically ramp up oil production, raising the stakes of an all-out price war with non-OPEC leader Russia. State-owned oil behemoth Saudi Aramco said Wednesday that it had been asked by the Saudi.

Market overview Stock volatility remains extremely high. Futures for S&P500 losing 2.7% on Wednesday after 4.9% jump the day before. EuroStoxx50 grows by 0.8%, FTSE100 – by 0.3%. Earlier today, Nikkei 225 closed at the lowest level since December 2018..

The traditional markets’ recent sell-off drove cryptocurrency prices down, but the way it did so was more complicated than even many of the most sophisticated players in crypto were able to grasp. That’s because crypto’s drop was staged in the.

Australia announced on Wednesday a health package worth A$2.4 billion ($1.56 billion) that proposes setting up fever clinics, among other measures to rein in the spread of a coronavirus, as it prepares to announce further stimulus. Australia has been struggling.

Saudi Arabia said on Tuesday it would boost its oil supplies to a record high in April, raising the stakes in a standoff with Russia and effectively rebuffing Moscow’s suggestion for new talks. The clash of oil titans Saudi Arabia.

The dynamics of stocks and currencies on Tuesday were comparable in amplitude, but in the opposite direction to Monday. Investors and traders seemed to be buying beaten shares, expecting stimulus from central banks and governments. The rush of early buyers.