Market Overview - Page 444

S&P500 closed Monday at historical highs, adding 0.55% on the day close. Both expected new Fed interest rates cut and possible US-China trade deal served as key drivers of recent market growth impulse. President Trump, in his Twitter, did not.

Market overview FX: The dollar maintains a mini-trend for growth from 3-month DXY lows, rose to 97.6 this morning. EURUSD, GBPUSD lost about 0.1% since the beginning of the day. Forex market volatility continues to fall ahead of important news.

Financial markets are growing at the start of the new week’s trading. Hong Kong’s market at the beginning of trading has updated its three-month highs but retreated in the second half of Asian trading. On Friday, the American market came.

Market overview FX: Over the last week, the dollar developed its rebound from 3-month lows on DXY, rising to 97.5. EURUSD, GBPUSD, adjusting previous week’s decline. TRY is the leader in growth against USD, protective CHF, JPY under some pressure..

Oil prices fell on Monday after strong gains last week, as data released in China reinforced signs that its economy is slowing, though progress in China-U.S. trade talks has supported prices. Brent crude was down 34 cents, or 0.4%, at.

As President Xi Jinping called on his countrymen to seize opportunities in distributed ledger technology, China’s industry heavyweights were already leading hundreds of enterprise blockchain projects. In total, the identities of 506 such projects have been published by the Cyberspace.

The crypto markets boomed this week, exhibiting their trademark volatility once again. In meteoric fashion, the bitcoin price jumped from a 5-month low of around $7,300 to a monthly high well above $10,000. Much of the cryptocurrency market followed, with.

Oil prices fell on Friday but were on track for strong weekly gains as support from a surprise draw in U.S. inventories and possible action from OPEC and its allies to trim production further outweighed broader economic concerns. Brent crude.

The Chinese yuan is expected to show some near-term weakness against the U.S. dollar, according to investment bank Goldman Sachs. On Friday afternoon, the onshore yuan changed hands at 7.0663 at 2:28 p.m. HK/SIN after the People’s Bank of China.

The cryptocurrency market entered a modest recovery on Thursday, though bitcoin lagged its altcoin peers following a major technical breakdown earlier in the week. At just over 65%, the bitcoin dominance rate has fallen to its lowest level since July..

The Federal Reserve likely will cut interest rates next week, but in doing so will make a pair of adjustments aimed at signaling that the current easing cycle could be over, according to a Goldman Sachs forecast. Markets widely expect.

A zoomed out version of the bitcoin chart shows it would take the cryptocurrency another 365 days to achieve a full-fledged upside breakout. Brought to notice by Teddy Cleps, a prominent cryptocurrency analyst, the weekly Bitcoin chart shows the possibility.