Market Overview - Page 445

The U.S.-China trade war will cut 2019 global growth to its slowest pace since the 2008-2009 financial crisis, the International Monetary Fund warned on Tuesday, but said output would rebound if their dueling tariffs were removed. The IMF said its.

Negotiating teams from the U.K. and EU are entering their final day of Brexit talks Wednesday with hopes that a deal can be reached before a crucial EU summit. A deal needs to be reached Wednesday if it stands any.

Facebook’s cryptocurrency plans looked shaky this week after a handful of high-profile members bowed out of the project. But while libra slowly gets off the ground, China is looking to launch an alternative. The People’s Bank of China announced earlier.

In a relatively lackluster day in the crypto markets, Ripple’s XRP is the day’s clear winner among the top-10 cryptocurrencies by market cap. XRP is currently 5 percent on the day and trading at nearly 30 cents. But for how.

Fake news was a big problem for the 2016 election. “Deepfake” videos could be an even bigger problem in 2020. Deepfake technology can be used to create videos that seem to show politicians saying things they never said, or doing.

Facebook’s proposed cryptocurrency libra has served as an incentive for global central banks to reform and reflect the digital age, the head of Sweden’s central bank has said. “It has been an incredibly important catalytic event to sort of shake.

This week will be critical for the British currency, which may result in increased volatility of sterling both downwards and upwards. Right now, positive market sentiment supported by hopes for approval of the UK exit from the EU. It is.

Market overview FX: The dollar remains mainly unchanged for the day, settled around 98.2 DXY. The market has a light demand for safe-heavens. Protective JPY, CHF add slightly to USD, while yielding RUB, ZAR lose around 0.2%. Stocks: Futures on.

A fundamental shift in the spending habits of U.S. millennials will have an incredible impact on the world’s largest economy, according to the CEO of Smead Capital Management. U.S. adults aged between 21 and 38 years old will prioritize “necessity.

Late Friday, the United States Securities and Exchange Commission (SEC) announced that it is suing two offshore entities, Telegram and its wholly owned subsidiary, TON Issuer, for holding an unregistered token sale. According to the complaint filed in the federal.

The belief that there will be a recession next year has been finding a lot of takers of late. Prominent economists and investors believe that a recession could arrive as soon as next year, and the International Monetary Fund (IMF).

On Friday, U.S. President Donald Trump announced the signing of phase one of a trade agreement with China to end the trade wars. This partial deal was the most significant breakthrough in the 15-month long dispute. The financial markets experienced.