Market Overview - Page 438

Saudi Arabia, Russia and their oil-producing allies are considering a range of options to maintain stability in the oil market just weeks ahead of a critical December meeting. The so-called OPEC+ group struck another deal late last year to cut.

Bakkt’s monthly futures volume on Tuesday skyrocketed to 1,061 contracts. That number is 112 contracts short of ICE-operated platform’s all-time high of 1,183 contracts. The sudden volume surge came to the surprise of the crypto community. The last time Bakkt’s.

Ripple (XRP) has been flirting with the possibility of a breakout and trend reversal over the last two weeks. Peter Brandt, the most followed trader on Twitter, appears to be closely monitoring the price action of the cryptocurrency. On Oct..

The Bank of England (BOE) held interest rates steady on Thursday, opting not to adjust borrowing costs in the world’s fifth-largest economy ahead of a snap election. With 35 days to go before Britons head to the ballot box, the.

News on US-China trade disputes as ebbs and floats, which alternate with an enviable regularity. Within these big cycles, there are also smaller — waves — which have a short-lived market impact. The tide seemed to have reached its highest.

Market overview FX: The dollar index remains near 97.7, tightly tied to the news on trade talks progress. GBPUSD turned to rise on Thursday morning from 1.2835 on reports of a possible phased reduction in US and Chinese tariffs; EURUSD.

The US dollar climbed 0.7% this week against the basket of major currencies. Closing last week near the three-month low and declining below the 200-day average caused a cautions markets tone. Financial markets seem to have played back the positive.

Market overview FX: The dollar index rose to 97.8 DXY on Tuesday, retreating 0.3% on Wednesday morning. GBPUSD almost unchanged, remaining at 1.2880; EURUSD is trading at 1.1080, pulling back after falling to 1.1060. The FX market volatility continues to.

The so-called phase one trade deal that the U.S. and China are expected to sign won’t solve all the problems the global economy faces right now, former U.S. Treasury Secretary Larry Summers said Wednesday. U.S. President Donald Trump said both.

The Bitcoin Rich List, or the number of addresses holding more than 1,000 BTC, has grown in the past 12 months, possibly reflecting an influx of high-net-worth investors.   The metric has registered growth of 30 percent since September 2018,.

An Illinois man who won the lottery earlier this year has invested half of his winnings into bitcoin. The man who posted the score via Reddit confirmed on Monday that he had purchased roughly $178,000 worth of BTC back in.

The People’s Bank of China’s (PBOC) set its daily midpoint fix for the yuan on Wednesday at 7.0080 per dollar — its strongest since August 8. That comes a day after the currency traded below the historical support level of.