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Market Overview - Page 411


Death of a Hero Doctor Sparks Crisis of Confidence in Xi’s China
Death of a Hero Doctor Sparks Crisis of Confidence in Xi’s China

Chinese President Xi Jinping’s government has worked hard to channel public anxiety over the new coronavirus into patriotic fervor. But the death of a 34-year-old doctor on Friday has unleashed a wave of fury that is sparking a rare crisis.

FxPro Daily Insight for February 7
FxPro Daily Insight for February 7

Market overview On Friday, the markets show some fatigue from the rally of previous days. Some associate this stop with continuing concern about the impact of coronavirus on global supply and the economy. But a more relevant version is the.

Prepare for Fireworks if Bitcoin Closes Above this Critical Level
Prepare for Fireworks if Bitcoin Closes Above this Critical Level

Bitcoin’s firm 2020 uptrend has shown no signs of ending anytime soon, and bulls now appear to be pushing the cryptocurrency above the upper boundary of a long-established trading range that was previously suppressing BTC’s price action. It is important.

U.S. payroll gains seen picking up, benchmark revisions under spotlight
U.S. payroll gains seen picking up, benchmark revisions under spotlight

U.S. job growth likely picked up in January, with unseasonably mild temperatures seen boosting hiring in the weather-sensitive sectors, indicating the economy will probably continue to grow moderately despite a deepening slump in business investment.  The Labor Department’s closely watched.

Step forward or turn around? Payrolls will clarify
Step forward or turn around? Payrolls will clarify

Global markets traded with little change on Friday morning, expecting that the US data may help to determine the further trend. Closer to the panic sales late last week, this week was replaced by stormy purchases on the enthusiasm around.

Bitcoin Price Faces Brutal Rejection Above $9,800
Bitcoin Price Faces Brutal Rejection Above $9,800

Bitcoin price has been smashing through each overhead resistance level with relative ease throughout this entire 2020 rally thus far. However, the latest push above $9,800 was met with a powerful rejection that sent Bitcoin price back over $200 in.

Stocks Extend Gains to Record Highs; Dollar Climbs: Markets Wrap
Stocks Extend Gains to Record Highs; Dollar Climbs: Markets Wrap

U.S. stocks rose for a fourth day, hitting records as China’s plans for tariff cuts on American imports and a spate of positive earnings reports overshadowed lingering concern about the economic hit from the coronavirus. The S&P 500 was up.

Apple Watch outsold the entire Swiss watch industry in 2019
Apple Watch outsold the entire Swiss watch industry in 2019

The Apple Watch outsold the entire Swiss watch industry in 2019, according to a new report. Market research firm Strategy Analytics estimates that Apple shipped 30.7 million units worldwide of its smartwatch last year, compared to 21.1 million for all.

China to halve retaliatory tariffs on hundreds of US goods worth about $75 billion
China to halve retaliatory tariffs on hundreds of US goods worth about $75 billion

China on Thursday announced that it will halve tariffs on hundreds of U.S. goods worth about $75 billion. Retaliatory tariffs on some U.S. goods will be cut from 10% to 5%, and from 5% to 2.5% on others, according to.

FxPro Daily Insight for February 6
FxPro Daily Insight for February 6

Market overview Stock markets are boosting amid robust US macro data and positive news about the spread of coronavirus. Brent crude turned down the last hours after a rebound on Wednesday. Gold rose to $ 1563, gaining support after the.

FX majors and Dow Jones are close to important milestones
FX majors and Dow Jones are close to important milestones

Major FX currency pairs, as well as the American Dow Jones index, are now close to decisive round levels. Their overcoming depends on the market reaction to Friday’s NFPs. All three major American indices have updated their historical highs, adding.

Global stocks and oil prices rally on coronavirus drug hopes
Global stocks and oil prices rally on coronavirus drug hopes

Financial markets in Europe and the U.S. jumped Wednesday morning with traders reportedly buoyed by scientific efforts to treat the new coronavirus. Early Wednesday, Sky News reported a “significant breakthrough” by scientists at Imperial College London in the U.K., who.

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