Market Overview - Page 435

A telephone call between top U.S. and Chinese trade negotiators lifted the dollar to a two-week high against the yen while China’s yuan edged up on Tuesday, due to optimism that the two sides will soon agree an interim deal.

U.S. equities climbed to records on optimism over China trade relations and a fresh wave of merger and acquisition activity. The dollar was mixed. The S&P 500 and Nasdaq Composite Indexes climbed to all-time highs after China said it will.

China’s slowing growth rate should not be a worry but an unresolved trade war between the world’s two largest economies should be, Paul Gruenwald, chief economist at S&P Global Ratings, told CNBC on Monday. “We’ve been arguing for some time.

Markets turned to growth at the beginning of the week, after US officials indicated that there is still a possibility of concluding a phase one of trade deal this year. Markets are encouraged by the fact that negotiations between the.

Oil prices rose on Monday as positive noises from Washington over the weekend rekindled hopes in global markets that the United States and China could soon sign an interim deal to end their bitter trade war. West Texas Intermediate (WTI).

Bitcoin has just plunged to a new six month low under $6,700 which opens up a new range of lows in the short term. The chances of a ‘santa rally’ are dwindling as crypto markets continue to crash back towards.

Kelly Loeffler, the CEO of bitcoin futures trading exchange Bakkt, is gunning to be appointed Georgia’s new U.S. Senator by the state’s governor. The only problem: President Trump has other ideas. According to the Atlanta Journal-Constitution, Trump is pushing Georgia’s.

Cryptocurrency exchanges operating illegally in China face a new threat after the central bank announced it would take new steps to uphold its trading ban. In a statement on Nov. 21, the People’s Bank of China (PBoC) warned it was.

With three rate cuts this year, there remains “not as much scope as I would like to see for the Fed to be able to respond to that. So there is good reason to worry.” One particular area she cited.

As the hype over self-driving vehicles begins to wear a bit thin, it looks like the technology will come to trucks more quickly than passenger cars. Chinese autonomous driving company Pony.ai, which also has an office in California, has focused.

Financial markets bounced from recent local lows. The American S&P500 returned to the region above 3100. Hong Kong’s and Shanghai’s markets started the day with a positive following their US colleagues. However, by the end of the Asian trading session,.

Market overview Forex: The dollar index little changed for the day. EURUSD stood near 1.1070 before European opening. GBPUSD pushed lower after another attempt to growth. Stocks: S&P500 managed to turn to growth at the end of the day on.