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Market Overview - Page 429


More data confirms positive market sentiment
More data confirms positive market sentiment.

Markets reacted sluggishly to the vote in the US House of Representatives, which initiated the third impeachment of the president in the history of the country. This issue should be further considered in January by the Senate, where the majority.

Bitcoin Stuns Bears — Soars $800 Back Over $7K to Fill Futures ‘Gap’
Bitcoin Stuns Bears — Soars $800 Back Over $7K to Fill Futures ‘Gap’.

Bitcoin (BTC) price is currently in the process of a strong reversal, which has seen the digital asset quickly recover 8.16% to trade slightly above $7,200.  On Dec. 17 the digital asset broke below the $6,800 support level and swiftly.

Apple, Amazon and Google form alliance for smart home devices
Apple, Amazon and Google form alliance for smart home devices.

Apple, Amazon and Google have formed a rare alliance to improve smart home devices, in an effort to avoid a turf war that limits the market for gadgets powered by Alexa, Siri and Google Assistant. The Silicon Valley companies, fierce.

Recession fears recede among global investors
Recession fears recede among global investors.

A flurry of rate cuts and an easing of trade tensions in recent months should be enough to fend off a global recession, according to an influential survey of some of the world’s largest fund managers. The probability of a.

Donald Trump is now the third president in U.S. history to be impeached by the House
Donald Trump is now the third president in U.S. history to be impeached by the House.

Democrats on Wednesday night voted for two articles — abuse of power and obstruction of Congress — after eight hours of debate on the House floor, where hundreds of lawmakers traded barbs for and against impeachment. The historic votes capped.

US Fed Official Says 50% of Bitcoin Transactions Associated With Illegal Activity
US Fed Official Says 50% of Bitcoin Transactions Associated With Illegal Activity.

A member of the United States Federal Reserve’s board of governors appears to believe that one in four people who use Bitcoin (BTC) are criminals. In a panel speech honoring Benoît Coeuré, a member of the executive board of the.

U.K. Business Faces End of Honeymoon as Johnson Boycotts Davos
U.K. Business Faces End of Honeymoon as Johnson Boycotts Davos.

A month ago, Boris Johnson stood in front of the U.K.’s business leaders, asking them for their support, and talking about how much he valued wealth creation. But a month is a very long time in politics. On Tuesday, the.

Oil skids as U.S. inventories pile up, but demand hopes stem bigger drop
Oil skids as U.S. inventories pile up, but demand hopes stem bigger drop.

Oil prices dropped on Wednesday after U.S. industry data showed a surprise build in crude inventories, but expectations for firmer demand next year kept losses in check. Brent crude futures LCOc1 dropped 38 cents, or 0.57%, to $65.72 a barrel.

The pound ends year with anxiety; the Euro chose “wait and see” mode
The pound ends year with anxiety; the Euro chose “wait and see” mode.

The British pound on Tuesday experienced the sharpest decline in 13 months. The GBPUSD declined by 1.6% due to concerns over the hard line of Boris Johnson on trade negotiations with the EU. The impressive majority of the conservative party.

Automated hacking, deepfakes are going to be major cybersecurity threats in 2020
Automated hacking, deepfakes are going to be major cybersecurity threats in 2020.

Artificial intelligence used to carry out automated, targeted hacking is set to be one of the major threats to look out for in 2020, according to a cybersecurity expert. The tools and knowledge for developing malicious AI and machine learning.

How a Whale Crashed Bitcoin to Sub-$7,000 Overnight
How a Whale Crashed Bitcoin to Sub-$7,000 Overnight.

Bitcoin lost billions of dollars worth of valuation within a 30-minutes timeframe as a Chinese cryptocurrency scammer allegedly liquidated its steal via over-the-counter markets. The initial sell-off by PlusToken caused a domino effect, causing mass liquidations. PlusToken, a fraud scheme.

Global Stock Rally Stalls as U.S. Futures Struggle: Markets Wrap
Global Stock Rally Stalls as U.S. Futures Struggle: Markets Wrap.

U.S. stock futures struggled for direction while European shares fell on Tuesday as the global rally in equities eased. With the sugar rush of a partial trade deal between the two largest economies fading, investors pushed up the dollar and.

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