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Market Overview - Page 404


The US is set to lose its spot as world’s top oil producer
The US is set to lose its spot as world’s top oil producer.

The U.S. is all but guaranteed to lose its hard-earned spot as the world’s number one oil producer this year amid the recent price crash, vanishing demand and a plunge in capital investment, energy experts say. That could mean potentially.

No lockdown here: Sweden defends its more relaxed coronavirus strategy
No lockdown here: Sweden defends its more relaxed coronavirus strategy.

While the rest of Europe imposes severe restrictions on public life and closes borders and businesses, Sweden is taking a more relaxed approach to the coronavirus outbreak. Unlike its immediate neighbors Denmark, Finland and Norway Sweden has not closed its.

Stronger EURUSD is a good sign for markets
Stronger EURUSD is a good sign for markets.

World central banks continue to pump liquidity in the financial system to lessen the negative impact on business from strict isolation measures across the globe. The latest example was the People’s Bank of China, which on Monday announced a 20.

Bitcoin Price Drops to $6.1K Shortly After Equities Markets Close Red
Bitcoin Price Drops to $6.1K Shortly After Equities Markets Close Red.

After trading in the $6,450 to $6,850 range for the past eight days, Bitcoin (BTC) price finally made a larger move, this time to the downside, as the digital asset dropped 8.72% to a daily low at $6,068. The move.

Trump signs $2 trillion coronavirus relief bill as the US tries to prevent economic devastation
Trump signs $2 trillion coronavirus relief bill as the US tries to prevent economic devastation.

President Donald Trump signed a $2 trillion coronavirus relief bill on Friday, as Washington tries to blunt economic destruction from the pandemic ripping through the United States. The House earlier passed the stimulus package, believed to be the largest in.

FxPro Daily Insight for March 27
FxPro Daily Insight for March 27.

Market overview US indices are losing 3.5% on Friday after 6.4% growth a day earlier. The market rebound due to injections of liquidity from the Central Bank and massive incentives stalls amid signals of a weakening economy. DXY loses the.

This is a rebound, not growth: the worst is yet to come
This is a rebound, not growth: the worst is yet to come.

American indices rose by more than 6% at the end of trading on Thursday. On Friday, Asian indices supported the growth after some fluctuations. Expectations of government stimulus intensified investors’ purchases. $2.2 trillion from the U.S. government was complemented by.

False Bottom or Start of Something Big
False Bottom or Start of Something Big.

In the stock market lately, only one thing is constant: speed. After falling into a bear market at the fastest rate ever, the S&P 500 just recorded its quickest three-day advance in nine decades. As absurd as it may seem,.

U.S. Records 18,000+ New Coronavirus Cases in Single Devastating Day
U.S. Records 18,000+ New Coronavirus Cases in Single Devastating Day.

Coronavirus cases in the U.S. have accelerated so fast – jumping by 18,000 cases on Thursday – the nation has overtaken China to officially become the epicentre of the Covid-19 outbreak. The U.S. currently has 85,991 confirmed cases, according to.

Mini-bull, tired bear, or something in-between
Mini-bull, tired bear, or something in-between.

Investors could be forgiven for doing a double-take: Wait, we’re back in a bull market? The Dow Jones Industrial Average’s surge of over 20% from its coronavirus-induced recent low this week, by one definition used on Wall Street, suggests a.

G20 leaders to inject $5 trillion into global economy in fight against coronavirus
G20 leaders to inject $5 trillion into global economy in fight against coronavirus.

Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion into the global economy to limit job and income losses from the coronavirus and “do whatever it takes to overcome the pandemic.” Showing more.

US now has more coronavirus cases than either China or Italy
US now has more coronavirus cases than either China or Italy.

The United States now has more confirmed coronavirus cases than Italy and China, making it the country with the largest outbreak in the world. The total number of cases in the U.S. reached 82,404 Thursday evening, eclipsing China’s 81,782 cases.

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