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Market Overview - Page 424


The Santa rally in stocks could lead to January selling
The Santa rally in stocks could lead to January selling

As investors celebrate the outsized gains they made in the stock market in 2019, they may be getting ready to sell some of their winners once 2020 begins. There’s little to stand in the way of the rising stock market.

XRP is Down 95% from Its 2018 Peak; What’s Next for the Embattled Crypto?
XRP is Down 95% from Its 2018 Peak; What’s Next for the Embattled Crypto?

Some cryptocurrencies have been hurt more than others. The most hurt altcoin in the top 10 has to be XRP, which was recently noted by analysts to have collapsed by 95% since the euphoria of the 2018 peak. Just look.

Relying on Bitcoin’s Halving Price Pump Could Be a Huge Mistake, Warns Asset Manager
Relying on Bitcoin’s Halving Price Pump Could Be a Huge Mistake, Warns Asset Manager

The tendency for bitcoin to multiply in value following regularly scheduled halving events should not be relied on in 2020. That’s according to a cryptocurrency asset manager who warned the bitcoin derivatives market may have wreaked havoc with BTC’s traditional.

Global stock markets gained $17 trillion in value in 2019
Global stock markets gained $17 trillion in value in 2019

Global stock markets have been on a torrid run in 2019, adding more than $17 trillion in total value, according to Deutsche Bank calculations. The value of global equities began the year just under $70 trillion but has now surpassed.

Oil price calls for 2020 aren’t looking great for crude-producing countries
Oil price calls for 2020 aren’t looking great for crude-producing countries

It’s fair to say that oil price predictions among banks and energy consultancies for the next year are a little scattered. Forecasters see the price of international oil benchmark Brent crude at anywhere between $59 to $70 per barrel for.

Debt as potential 2020 world problem
Debt as potential 2020 world problem

As we approach the end of the year and trade activity declines, there is time to reflect on what the world markets will be entering a new year. It coincided that 2020 would be not only the start of a.

Bitcoin Price Will Drop $1,000 Before Seeing Real Bottom: Here’s Why
Bitcoin Price Will Drop $1,000 Before Seeing Real Bottom: Here’s Why

Bitcoin price is finally exhibiting price action that suggests it could be building a base in which a final local bottom could set. However, according to one crypto analyst, the first-ever crypto asset is likely to take another last-minute $1,000.

‘Incredible’ Bitcoin Hash Rate Boom Will Destroy Altcoins: Tone Vays
‘Incredible’ Bitcoin Hash Rate Boom Will Destroy Altcoins: Tone Vays

Bitcoin (BTC) will cement its dominance over the cryptocurrency market next year in a fresh blow to altcoins, a veteran trader has said. In the latest episode of his Trading Bitcoin YouTube series on Dec. 22, Tone Vays warned that.

‘It’s a complete mess’: Energy market in flux ahead of a global shipping revolution, analysts warn
‘It’s a complete mess’: Energy market in flux ahead of a global shipping revolution, analysts warn

A much-anticipated and historic rule change to shipping fuel standards will come into force in less than two weeks, leaving energy market participants braced for a period of confusion and uncertainty. On January 1, 2020, the International Maritime Organization (IMO).

Mainland stocks tumble as China cut tariffs on over 850 products
Mainland stocks tumble as China cut tariffs on over 850 products

Major markets in Asia were subdued in Monday trade even amid greater optimism for U.S.-China relations. Mainland Chinese stocks tumbled. The Shanghai composite fell 1.40% to close at 2,962.75, while the Shenzhen composite dropped 1.92% to 1,667.71. The Shenzhen component.

Unpleasant signals of the currency market, despite the stocks rally
Unpleasant signals of the currency market, despite the stocks rally

The world markets remain optimistic on the start of the Christmas week. Without new triggers, stock markets are moving almost on autopilot, continuing the previous rally. The major American indices set new highs on Friday, adding around 0.5% on the.

Bitcoin Can Hit $250K in 2020, Reaffirms Tim Draper as Dominance Rises
Bitcoin Can Hit $250K in 2020, Reaffirms Tim Draper as Dominance Rises

Bitcoin (BTC) passed $7,200 a second time on Dec. 19 as previous bearish moves gave way to a return to higher levels. Data from Coin360 and Cointelegraph Markets showed BTC/USD holding ground recovered above the $7,000 mark late on Wednesday..

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