Market Overview - Page 423

A misguided euphoria rising from the “phase one deal” between the US and China could help bitcoin becoming one of the most profitable investments in 2020. The offbeat asset has been pursuing a flat trajectory ever since Washington and Beijing.

What a difference a decade can make. In 2010, batteries powered our phones and computers. By the end of the decade, they are starting to power our cars and houses too. Over the last ten years, a surge in lithium-ion.

Chinese stocks were higher on the final trading day of 2019, with other major markets in Asia either on holiday or seeing an early close. The Shanghai composite edged 0.33% higher to about 3,050.12 while the Shenzhen component added 0.63%.

Asian indices have updated 18-month highs, acting out the news that Washington and Beijing are working closely on a trade agreement. Since the beginning of the year, the MSCI of the Asia-Pacific region is up 16%. Nasdaq has even more.

Financial markets end the year on a high note, supported on the one hand by improved macroeconomic indicators, and, on the other, by hopes for an early signing of the first phase of a trade agreement. On Wednesday, US President.

Last month, the value of Bitcoin (BTC) nosedived to around the $6,500 mark after having stayed above the $8,000 threshold for a considerable period before that. This downturn showcased Bitcoin’s worst market performance over the past seven months — with.

Gold Price Looks Set to Break a Key Psychological Resistance Round numbers tend to act as support and resistance for stocks and commodities alike. The $1500-$1550 area is a long-term resistance and gold price peaked at roughly $1557 in 2019..

Hong Kong in recession The protests, along with uncertainties such as the U.S.-China trade war, sent the Hong Kong economy into a recession for the first time in a decade. It could get worse for the city. Iris Pang, greater.

China is on the cusp of keeping a big promise — a vow to double its GDP and income in a decade and take the country to the forefront of the global economic power structure. The nation now faces the.

Bogart’s most anticipated element of cryptocurrency industry development in 2020 is to see the ‘Vertical Construction’ era play out. The past few years have been dominated by ICOs and the growth of horizontal competition. People realised that open, public, permissionless.

Every price rally of 2019 has ended in tears. The latest will probably end similarly. It is based on hope that ending the U.S. – China trade war might improve the economy and oil demand. It is also based on.

ChainLink While a fair few people may be surprised to see ChainLink (LINK) in the list of the best-performing cryptocurrencies of 2019. The platform essentially seeks to bridge the gap that exists between blockchain-based smart contracts and real-world applications. All.