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Market Overview - Page 434


Bitcoin Price Rebounds 11% From Low amid ‘Textbook’ Inverse Head & Shoulders Pattern
Bitcoin Price Rebounds 11% From Low amid ‘Textbook’ Inverse Head & Shoulders Pattern

Bitcoin’s price reclaimed the $7,500 handle on Wednesday after plunging to its lowest level in over six months. Wednesday’s roller coaster session saw bitcoin’s price breach $6,900 for the first time in over six months. The largest cryptocurrency would eventually.

Bold Bets That Gold Could Triple to $4,000 Trade in New York
Bold Bets That Gold Could Triple to $4,000 Trade in New York

The gold options market saw $1.75 million in block trades betting the precious metal could almost triple in more than a year, surpassing the record. Around noon in New York Wednesday, 5,000 lots of a gold option giving the holder.

Asia is facing a food crisis and needs another $800 billion in the next 10 years to solve it
Asia is facing a food crisis and needs another $800 billion in the next 10 years to solve it

Asia is “unable to feed itself” — and needs to invest another $800 billion in the next 10 years to produce more food and meet the region’s needs, according to a report. The population in Asia is growing, and consumers.

Elon Musk suggests Tesla has received 250,000 pre-orders for its Cybertruck
Elon Musk suggests Tesla has received 250,000 pre-orders for its Cybertruck

Tesla CEO Elon Musk suggested late Tuesday that his company had now received 250,000 pre-orders for the Cybertruck, its “Blade Runner”-inspired electric pickup. The billionaire tweeted “250k,” indicating — based on his previous Twitter posts — that this was the.

Is the trade deal needed only to China?
Is the trade deal needed only to China?

Trump supported the US markets and reiterated the proximity of the trade deal with China. American key indices have updated their historical highs once more, bringing the year-to-date growth to 26% for S&P500. Interestingly, the Chinese markets failed to maintain.

Zcash Price Analysis: Bullish Opportunity
Zcash Price Analysis: Bullish Opportunity

Zcash has slipped to its lowest trading level since March 2019, following the recent decline in the broader cryptocurrency market which was sparked by bearish news coming from China’s central bank. The ZEC/USD pair has fallen by over 30 percent.

Declining Consumer Confidence Casts a Dark Shadow Over U.S. Economy Ahead of Holidays
Declining Consumer Confidence Casts a Dark Shadow Over U.S. Economy Ahead of Holidays

Americans continued to doubt the health of the economy and their finances in November, as consumer confidence fell for a fourth straight month, according to a report by the Conference Board. The data paint a bleak picture of the U.S..

Beijing finally responds to Hong Kong election results after big win for democrats
Beijing finally responds to Hong Kong election results after big win for democrats

After Hong Kong’s pro-democracy candidates scored a landslide win in local elections, Chinese state media called the results “skewed” and a “setback” for the city’s drive for democracy. Pan-democrats in Hong Kong won almost 90% of 452 district council seats.

Audi to Cut 9,500 German Jobs in Switch to Electrification
Audi to Cut 9,500 German Jobs in Switch to Electrification

Audi plans to eliminate roughly 15% of its German workforce to lift earnings by 6 billion euros ($6.6 billion) as Volkswagen AG’s largest profit maker pushes ahead with a restructuring plan to help adapt to the costly transition to electric.

Currency and stock volatility update lows. Is the reversal close?
Currency and stock volatility update lows. Is the reversal close?

Mini-fluctuations are still going on in the markets. However, the stock markets remain upward, while in the currency market the dollar is stuck approximately at an equal distance from the upper and lower extremes of October. It is easy to.

Bitcoin sinks to lowest level since May, falling $3,000 in a month as China accelerates crackdown
Bitcoin sinks to lowest level since May, falling $3,000 in a month as China accelerates crackdown

What a tough month it has been for bitcoin. The world’s most popular cryptocurrency sank to $6,558.14 on Monday, its lowest level since May, according to industry site CoinDesk. It lost $3,000 in value in just a month as China.

Gold Price Dangerously Close to 3-Month Lows as Dow, S&P 500, Nasdaq Touch All-Time Highs
Gold Price Dangerously Close to 3-Month Lows as Dow, S&P 500, Nasdaq Touch All-Time Highs

The price of gold suffered another selloff Monday and headed for its third consecutive loss, as U.S. stocks touched new all-time highs on China trade-deal optimism. Gold for February delivery fell $9.80, or 0.6%, to $1,460.70 a troy ounce on.

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