Market Overview - Page 453

Facebook is paying top dollar to gain further infiltration into our inner-workings. As they struggle to gain access to our wallets with the controversial digital currency Libra, the social media giant is shifting their attention to our minds. First Step.

Oil prices are now only slightly higher than they were prior to the Abqaiq attack, but the outage injected a dose of upside risk to the oil market, which may not go away anytime soon. Bank of America Merrill Lynch.

China’s climb up the ranks China overtook Japan as the world’s second-largest economy in 2010, measured in current prices or nominal terms (not accounting for inflation), according to data from the World Bank and the Organisation for Economic Co-operation and.

Market overview FX: The dollar index corrected from 98.4 to 98.3. EURUSD remains below 1.1000, holding levels immediately below this mark. Highly profitable TRY, ZAR add more than 0.4% to USD from the beginning of the day. NZDUSD is trying.

Markets are in a state of precarious balance between good and bad news. China and the U.S. continue to argue that they are moving forward in trade negotiations, which supports a mostly positive tone of Asian bourses. Besides, the markets.

18 Bitcoin (BTC) in volume has been traded since the launch of Bitcoin futures on the Intercontinental Exchange (ICE)’s Bakkt platform yesterday, Sept. 22. The much-anticipated contracts — the first of their kind to be physically settled in Bitcoin. As.

Prime Minister Boris Johnson has blamed Iran for attacks on Saudi Arabian oil facilities ahead of a meeting with the country’s president, Hassan Rouhani. Mr Johnson said there was a “very high degree of probability” Iran was behind the drone.

Oil starts the week with an increase of 1% to $63.95 per barrel Brent due to the Middle East increased geopolitical tensions. Saudi Arabia and the U.S. are building up their military presence in the region and have increased pressure.

Despite the Federal Reserve’s latest efforts to boost the economy, long-time market bear David Rosenberg warns a recession is coming. The Gluskin Sheff chief economist and strategist predicts economic growth in the U.S. will turn negative sooner than most investors.

Market overview FX: The dollar index rose to 98.4 on Monday due to the strengthening against the euro. EURUSD fell back below 1.1000 on the weak eurozone PMIs; safe-heavens, JPY and CHF, are up for the third trading session; commodity-linked.

President Donald Trump on Friday said he doesn’t think he needs to strike a trade deal with China before the 2020 presidential election. “No, I don’t think I need it before the election,” Trump told CNBC’s Eamon Javers during a.

During September, the British pound is struggling to get out of the pit where it fell on the fear of no-deal Brexit. This decline sent GBPUSD in August and early September to levels that had not been consistently achieved since.