Market Overview - Page 422
January 17, 2020
The glass of economic data is half full if we estimate the reaction to the macroeconomic data. This applies to both last Friday’s U.S. employment report, and China’s GDP figures released this morning. The published data for the 4th quarter.
January 17, 2020
Boeing To Drive The Dow Higher The Dow can’t rally without the help of its top 3 stocks— Boeing (NYSE:BA), Apple (NASDAQ:AAPL) and UnitedHealth (NYSE:UNH). The way the Dow is weighted means those three stocks account for roughly 21% of.
January 17, 2020
Bitcoin (BTC) hit $9,000 on Jan. 17 as technical metrics continued to break both local and all-time records. Data from Coin360 and Cointelegraph Markets showed BTC/USD finally rising to the significant $9,000 boundary on Friday, following a bullish run-up overnight. At.
January 17, 2020
U.S. equity futures ground higher on Friday alongside stocks globally as a solid start to the American earnings season, easing trade tensions and mostly promising economic data all combined to prop up sentiment. The dollar edged upward. Contracts on the.
January 17, 2020
On financial markets, demand for risk remains strong, moving key stock indices further up. Analysts saw signs of a reversal towards acceleration from recent Chinese data. On the other end, UK retail sales statistics disappoint, this time hitting the Pound..
January 16, 2020
Almost a quarter of the world’s countries witnessed a surge in protest and unrest last year and that figure is set to rise further in 2020, according to a new study. There are 195 countries in the world, if the.
January 16, 2020
The global market continues to grow, showing new historical highs for the major American indices, as well as the ones of Australia and India. The American Dow Jones closed above 29,000 for the first time, and the S&P 500 hit.
January 16, 2020
The move happened just as bitcoin was going through another rally, battling out the $8,700 resistance level. Blockchain analysis discovered the transfer happened between cold wallets belonging to the Bitfinex exchange. Big fund transfers usually cluster around significant bitcoin price.
January 16, 2020
Apple has been the shining jewel in the Nasdaq over the last year. Currently trading over $310, the tech giant performed an extraordinary feat for a company that was already one of the most valuable in the world, doubling in.
January 16, 2020
China agreed to purchase an additional $200 billion in U.S. goods over the next two years as part of the “phase one” trade deal. The additional purchases will come on top of the 2017 U.S. export numbers. The deal stipulates.
January 15, 2020
Russia’s government resigned Wednesday to make way for major new constitutional changes, according to the Tass state news agency, citing Prime Minister Dmitry Medvedev. Without giving much detail, the news agency said President Vladimir Putin thanked Medvedev’s government for its.
January 15, 2020
The official signing of the “Phase 1” trade deal between the US and China is set for today. Markets have been experiencing a rally since early December, as investors priced this news into quotes. To date, the key US indexes.