Market Overview - Page 465

World stock markets and the dollar rose on Friday as investors looked to a speech by Federal Reserve chair Jerome Powell for clarification on whether the U.S. central bank remains on course to deliver another interest rate cut in next.

Litecoin’s price action has been less than stellar as of late. After posting a 2019 high of $146 on June 21, the cryptocurrency succumbed to heavy selling pressure. Today, August 22, Litecoin dropped to as low as $70 for a.

A possible trade deal with the U.S. will do little to mitigate the impact of Britain leaving the EU without a deal in place, economists have told CNBC. Both the U.K. and U.S. governments have expressed a desire to forge.

This week was not a busy one for macroeconomic events, and it was also the quietest period of the summer lull, so most of the markets did not have strong moves. The brightest event of the week promises to be.

Market overview FX: The dollar index returned to 98.20, this week highs area, having changed minimally for the day. GBP rolled back to 1.2210 after jumping 1.2% to 1.2260 on Thursday. Except for the pound, currencies make minor fluctuations. Stocks:.

Oil prices may be recovering, but Russian President Vladimir Putin isn’t taking any chances, running a budget that balances at the lowest crude price in more than a decade. “Putin’s sticking to a tight financial policy, worried about new sanctions.

It’s easy to miss just how badly bitcoin has clobbered altcoins since the crypto market’s latest bull run began. From Ethereum all the way down to Stratis, almost every coin has developed an ultra bearish market structure. There’s no denying.

A trade war with Europe would be larger and more damaging than Washington’s dispute with China. The United States has more to lose from a full-blown trade war with the EU than it does with its current conflict with China,.

President Donald Trump has floated the idea of buying Greenland multiple times. Danish Prime Minister Mette Frederiksen has called the notion “absurd.” It has triggered a diplomatic row of sorts. Yet Trump’s interest in Greenland is just the latest indication.

The published minutes of the Federal Reserve Board’s previous meeting showed a serious split in opinions on monetary policy. Markets were cautious about the wording that a “couple” of Fed members favoured 50 points rate cut while “several” preferred no.

Market overview FX: Dollar index runs around 92.10 for the fourth day. EUR, GBP failed to develop the offensive, having lost about 0.2% on Wednesday. The volatility of the main currency pairs decreases during the week, but today there is.

Markets are choppy this week, avoiding sustained impulses and strong movements. After three days of growth, the U.S. markets turned to decline yesterday, losing about 0.8%. At the same time, it is difficult to say whether the news background has.