Market Overview - Page 400

OPEC has agreed to impose a deeper round of production cuts in order to support oil prices, paving the way for crunch talks with non-OPEC leader Russia, who still has to agree to the plan. The 14-member group, led by.

Global markets in turmoil. Central banks rushing to arrest panic. But in China, the country most affected by the virus outbreak, it’s boom time for traders. A gauge of stocks in Shanghai and Shenzhen has jumped 14% in just over.

U.S. stocks could be in line for another double-digit decline in the near-term because of damage from the spread of coronavirus, index provider MSCI said on Thursday, citing its scenario-based analysis, “We’ve conducted a what-if scenario analysis that assumes a.

The U.S. dollar fell on Thursday amid expectations of the Federal Reserve will cut interest rates further, after slashing them by 50 basis points this week in an emergency move to shield the economy from the effects of coronavirus. The.

U.S. stock futures were lower Thursday morning, following a massive rally in the previous session. Around 5:30 a.m. ET, Dow Jones industrial average futures indicated a drop of more than 550 points at the open. S&P 500 and Nasdaq-100 futures.

OPEC ministers are expected to approve a large oil production cut on Thursday, but they still face an uphill battle to receive approval from non-OPEC leader Russia. The meeting of the 14-member group OPEC and 10 non-member allies, known collectively.

With the U.S.-China trade war last year and the outbreak of the new coronavirus, American technology firms Apple, Microsoft and Google have reportedly looked to move more production of their hardware products out of the world’s second-largest economy. But reducing.

Market overview Market volatility declined after sharp jumps in both directions over the previous two weeks. Fed rate cuts and market guesses that more to come from other Central Banks, feed cautious demand for risky assets, supporting stock indices: futures.

The emergency interest rates cut from the Fed did not have a lasting impact on markets. And it is surprising if you pay attention to the fact that the last time an unplanned cut in interest rates occurred amid the.

The average hashing power on bitcoin (BTC) over the past seven days has reached a new high of around 117.5 exahashes per second (EH/s), up 5.4 percent from where it stagnated for a month beginning Jan. 28, according to data.

The euro held near two-month highs and the dollar recouped some losses on Wednesday as traders evaluated the impact of an emergency Fed rate cut a day earlier. The Fed surprised investors by slashing rates by 50 basis points to.

The use of fossil fuels such as coal and oil for generating electricity fell in 2019 in the United States, the European Union and India, at the same time overall power output rose, a turning point for the global energy.