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Market Overview - Page 409


China’s industrial production: 30-50% of former capacity
China’s industrial production: 30-50% of former capacity

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.

What’s dragging EUR down: then trade wars, now the coronavirus
What’s dragging EUR down: then trade wars, now the coronavirus

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.

U.S. consumers expect spending growth to slow: NY Fed
U.S. consumers expect spending growth to slow: NY Fed

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.

FxPro Daily Insight for February 18
FxPro Daily Insight for February 18

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 to grant tariff exemptions on 696 U.S. goods to support purchases
China to grant tariff exemptions on 696 U.S. goods to support purchases

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 fall as market weighs coronavirus demand impact
Oil prices fall as market weighs coronavirus demand impact

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,.

Coronavirus hit Apple
Coronavirus hit Apple

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.

Gold sets records in euro and strives even higher
Gold sets records in euro and strives even higher

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.

Crypto market: do “whales” press out weak traders?
Crypto market: do “whales” press out weak traders?

1. BINANCE PERFORMANCE ISSUES On Friday, Bitcoinist reported that a “lagging” issue caused widespread REKage of traders. Binance assured traders that the issue was fixed. But that was of no compensation to those who lost thousands due to a glitch.

FxPro Daily Insight for February 17
FxPro Daily Insight for February 17

Market overview Global markets fluctuate slightly on Monday, as some US markets closed due Presidential Day observation. Singapore and Canadian dollars add slightly to USD. On FX, commodity-related RUB, ZAR, NOK losing more than 0.3% today due to fears of.

$100K Bitcoin is too conservative a forecast
$100K Bitcoin is too conservative a forecast

Bitcoin (BTC) is going to hit a giant $400,000, celebrated TV host Max Keiser has said as he raises his price target for the first time since 2012. Speaking on news information show Infowars on Feb. 17, Keiser told host.

7 critical success points from a self-made millionaire
7 critical success points from a self-made millionaire

Gary Vaynerchuk wears many hats: serial entrepreneur, investor, and CEO. Here are seven things I learned from my afternoon with him: 1. Gary doesn’t get jetlag, but he needs adequate sleep Gary flew in from London on the day he.

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