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Market Overview - Page 430


Russia opens Siberian pipeline to China as Beijing expands its influence in the Arctic
Russia opens Siberian pipeline to China as Beijing expands its influence in the Arctic

A new natural gas pipeline connecting Russia and China is the latest example of increasing collaboration between Moscow and Beijing in the Arctic Circle. The pipeline comes after China unveiled a plan nearly two years ago called the “Polar Silk.

Dow drops 400 points, biggest fall in 2 months, after Trump says he could wait on China deal
Dow drops 400 points, biggest fall in 2 months, after Trump says he could wait on China deal

U.S. equities sank on Tuesday after President Donald Trump suggested he may want to delay a trade deal with China until after the 2020 presidential election. The Dow Jones Industrial Average fell more than 400 points in morning trading, led.

China’s military might has now become a top issue for NATO
China’s military might has now become a top issue for NATO

NATO, the 29-member military alliance, was set up 70 years ago to counter the threat posed by the-then Soviet Union. But now, another rising military power is in its sights: China. As heads of state and government gather in the.

FxPro Daily Insight for December 3
FxPro Daily Insight for December 3

Market overview Forex: The decline in the dollar accelerated after a new round of pressure on the Fed by Trump and weak US production data. DXY for the day fell by 0.5% to 97.7. EURUSD on Monday received a healthy.

Nasty Manufacturing Downturn Signals Possibility of U.S. Recession Within 2 Years
Nasty Manufacturing Downturn Signals Possibility of U.S. Recession Within 2 Years

The U.S. manufacturing sector contracted in November for the fourth consecutive month, extending one of the longest skids for goods producers since the financial crisis. A closer look at the numbers suggest the U.S. economy, which includes the much larger.

Trade wars and weaker USD went to the agenda
Trade wars and weaker USD went to the agenda

Trump recalled once again that trade wars are far from over. Over the past 24 hours, the battlefront expands dramatically. S&P500 dropped 0.8% on Monday, to 11-day lows; the European EuroStoxx 50 collapsed more than 2% after updated 4.5-year highs.

U.S. Proposes Duties on $2.4 Billion of French Goods Over Tech Tax
U.S. Proposes Duties on $2.4 Billion of French Goods Over Tech Tax

The U.S. proposed tariffs on roughly $2.4 billion in French products, in response to a tax on digital revenues that hits large American tech companies including Google, Apple Inc., Facebook Inc. and Amazon.com Inc. “France’s digital services tax discriminates against.

‘Hodlers Are Insane’ — 64% of Bitcoin Supply Has Not Moved Since 2018
‘Hodlers Are Insane’ — 64% of Bitcoin Supply Has Not Moved Since 2018

Over 60% of the total Bitcoin (BTC) in circulation has not left its wallet in more than a year, highlighting demand among investors. That was the conclusion of analyst Rhythm, who uploaded statistics about Bitcoin network activity on Dec. 2..

Stocks Fall on Trump’s Tariff Gambit, Factory Data
Stocks Fall on Trump’s Tariff Gambit, Factory Data

U.S. stocks fell on disappointing factory data and after President Donald Trump’s move on tariffs rekindled concern over global trade risks. Bonds dropped. The S&P 500 Index headed toward its biggest decline in almost two months as a gauge of.

FxPro Daily Insight for December 2
FxPro Daily Insight for December 2

Market overview FX: The dollar retreats after a failed growth attempt on Friday. DXY dropped from 98.5 to 98.14. EURUSD support increases after the drop below 1.1000 last week to 1.1030 now. GBPUSD recovered to 1.2930 after decline to 1.2900.

Analyst Explains Why Bitcoin Price Could Plummet to $2,020 in 2020
Analyst Explains Why Bitcoin Price Could Plummet to $2,020 in 2020

While many investors expect the dip to $6,600 of bitcoin last week to have been a bottom, one analyst believes the bitcoin price could fall to as low as $2,020 in 2020. Speaking to CCN, the analyst said that as.

Russia is now not the only pressing issue that NATO has to deal with
Russia is now not the only pressing issue that NATO has to deal with

As heads of state and government meet in the U.K. this week for the 70th anniversary of the military alliance NATO, discussions are likely to focus on shifting geopolitical relations and military threats, that thorny issue of defense spending and,.

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