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Market Overview - Page 454


FxPro Daily Insight for October 10
FxPro Daily Insight for October 10.

Market overview FX: The dollar grew by 0.2% to 98.7 on DXY. Some increase in demand for risky assets weakens the dollar. AUD and NZD are the leaders in growth against USD, adding 0.3% this morning. JPY and TRY lost.

Nearly $10 Billion in BTC Is Held in Wallets of 8 Crypto Exchanges
Nearly $10 Billion in BTC Is Held in Wallets of 8 Crypto Exchanges.

Almost 7% of the entire circulating supply of Bitcoin (BTC) is held in the wallets of eight major cryptocurrency exchanges, according to Twitter account The Token Analyst. On Oct. 8, the Token Analyst wrote that, throughout Bitcoin’s history, the amount.

Dow Outlook: The Stock Market is Tumbling Towards a Critical Level
Dow Outlook: The Stock Market is Tumbling Towards a Critical Level.

A tumultuous day of trade for the US stock market on Tuesday has the Dow Jones looking vulnerable at the open of trade Wednesday. The bears sold a rally in the Dow late, and a test of critical congestion/support around.

Dollar demand increases as Sino-US and UK-EU deal prospects fall
Dollar demand increases as Sino-US and UK-EU deal prospects fall.

Politicians have forgotten how to negotiate. Hopes for the Sino-US trade deal as well as UK-EU Brexit deal are melting away once again. The US authorities are moving forward to limit capital flows to China just a few days before.

‘Huge fears’ about demand — not Middle East tensions — are weighing on oil markets, Helima Croft says
‘Huge fears’ about demand — not Middle East tensions — are weighing on oil markets, Helima Croft says.

Global trade tensions and their potential impact on crude demand are more significant for oil markets than recent attacks on energy infrastructure in the Middle East, according to Helima Croft, the managing director and global head of commodity strategy at.

FxPro Daily Insight for October 9
FxPro Daily Insight for October 9.

Market overview FX: The dollar received a new growth momentum amid weakening markets. DXY strengthened to 98.9. ZAR and NZD added 0.3% to USD and the leaders in growth to USD again. JPY and TRY declined by 0.2%. Stocks: S&P500.

Dow drops 300 points on dimming hopes around US-China trade talks
Dow drops 300 points on dimming hopes around US-China trade talks.

Stocks fell sharply on Tuesday as investor optimism around the upcoming U.S.-China trade talks faded. The Dow Jones Industrial Average traded 305 points lower, or 1.2%. The S&P 500 slid 1.3% along with the Nasdaq Composite. Bank shares fell broadly..

USDT shows that the crypto-enthusiasts are still on board
USDT shows that the crypto-enthusiasts are still on board.

Bitcoin once again overcame the gravity of around $7,900 and attracted buyers. During the last 24 hours, along with the price increase by more than 4%, trading volumes increased by almost 30%. Bitcoin traded near $8,300 on Tuesday morning. However,.

Millennials are Killing the Economy… Because They’re Saving Money
Millennials are Killing the Economy… Because They’re Saving Money.

Millennials have been accused of killing a lot of industries (cereal, beer, housing, mayonnaise, napkins, and politics). But this might be the stupidest theory of them all. According to one investment bank, millennials are killing the entire economy. And how?.

FTSE 100 Sweats as UK Faces £92 Billion Brexit Recession Bomb
FTSE 100 Sweats as UK Faces £92 Billion Brexit Recession Bomb.

The FTSE 100 was on a knife-edge on Tuesday morning, swinging in and out of the red in the first hour of trading. The UK stock market index took a hit as the full financial impact of a no-deal Brexit.

Trump’s trade tweets have moved market’s Fed expectations, Goldman says
Trump’s trade tweets have moved market’s Fed expectations, Goldman says.

President Donald Trump’s tweets on trade have much more of an impact on the market’s expectations for Federal Reserve monetary policy than his tweets directly criticizing the central bank, research by Goldman Sachs has showed. There’s only “weak evidence” that.

Euro stopped at 1.10 waiting for trade talks results
Euro stopped at 1.10 waiting for trade talks results.

The upcoming events this week are a cause for concern for the markets. The first meeting of Chinese and U.S. representatives at ministerial level in months set to take place on October 10-11. On October 15, the Trump administration has.

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