Market Overview - Page 407

Having surpassed the key $1,600 mark, gold prices were flirting with a seven-year high on Wednesday, as investors continue to shore up their positions amid the coronavirus outbreak. The precious metal was up a further 0.5% to trade at around.

Market overview US and Asian indices are slightly changing over the past day in anticipation of new signals from the Fed in the minutes of the last meeting published later today. European indices fell marginally better than competitors due to.

Bitcoin, cryptocurrencies, blockchain, decentralization, China’s digital yuan, Facebook’s libra—the U.S. is understandably worried about the dominance of the almighty dollar. Last year, U.S.

The euro rose on Wednesday as improving risk sentiment in global markets paused the dollar’s rally, providing relief to the single currency, which had earlier fallen to three-year lows after a survey showed weakening confidence in Germany. The euro has.

China’s economic growth in the first quarter could fall to as low as 3.5% if the spread of the new coronavirus is not contained fast enough for manufacturing production to resume to normal levels, Morgan Stanley analysts wrote in a.

The single currency fell to 3-year lows against the dollar as indices of German and US business sentiment published the day before sharply contrasted with expectations. The ZEW Indicator for Germany is referred to as a leading economic indicator. This.

American consumers expect their household spending to increase more slowly over the next year, according to a report released by the Federal Reserve Bank of New York on Tuesday. Overall, the median forecast was for household spending to grow by.

Market overview Equity markets are declining after Apple said it would not meet the revenue guidance for the March quarter. This report returned to the market the fear of the impact of the virus. On FX, the dollar index jumped.

China will grant exemptions on retaliatory duties imposed against 696 U.S. goods, the most substantial tariff relief to be offered so far, as Beijing seeks to fulfill commitments made in its interim trade deal with the United States. Tuesday’s announcement.

Oil prices fell on Tuesday, tracking losses in financial markets on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand. Brent crude LCOc1 was at $57.07 a barrel, down 60 cents,.

Apple has warned that disruption in China from the coronavirus will mean revenues falling short of forecasts. The tech giant said production and sales were affected, and that “worldwide iPhone supply would be temporarily constrained”. The iPhone maker is the.

Apple has returned to the market fear of the coronavirus’ impact on the economy. The company said that the recovery of supply and sales might be delayed. Such reports from the most expensive US company, supported by a portion of.