Market Overview - Page 408

Bitcoin (BTC) took an unexpected dive, plunging $600 in a matter of minutes. The plunge saw 15 of the 20 largest crypto assets by market cap down 5% or more on this time yesterday. The price drop began around 21:45.

Market overview European and US indices recede from the highs reached overnight. Nasdaq added 7.7% this month, jumping from the levels near 9000 to 9700 and to just a couple of steps from the critical 10000 milestone. In the FX,.

The price of gold was approaching seven-year highs on Wednesday, as investors shrugged off a surging dollar that’s normally seen as a headwind for precious metals. Gold is rallying on the back of renewed haven demand as central banks prepare.

The U.S. Dollar Index, a widely-watched measure of the currency versus its peers, is close to breaching 100 for the first time since 2017, as the currency proves a haven of choice for investors confronting risks from the spread of.

The impact of the coronavirus outbreak in China on U.S. economic growth will be negligible and short-lived, according to economists in a Reuters poll who nonetheless now say risks to their forecasts are skewed more to the downside. The outbreak.

China called for solidarity on Thursday in a special meeting to discuss the coronavirus outbreak with Southeast Asian nations as it faces criticism for its handling of the epidemic. The hastily called summit in Laos signaled China is seeking support.

Where will the money come from? This is the contentious question that the EU needs to answer every seven years — and this time around, the issue is even more complicated. The U.K., which has been one of the EU’s.

The dollar index has been growing almost daily in February, adding 2.5% from the beginning of the month to its peaks from May 2017. The dollar index tracks the USD against the six most popular world currencies, where the yen.

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.