Market Overview - Page 481

Market overview FX: market volatility is reduced due to U.S. holidays and in anticipation of Friday’s NFP Stocks: SPX, Dow Jones closed at all-time highs, but Chinese ChinaA50 and European Euro50 moved away from highs at the start of trading.

Facebook’s cryptocurrency Libra is a “rival” to US monetary policy and the dollar itself. That’s the view of Congress which has officially urged Mark Zuckerberg to cease development on its crypto project. Zuckerberg will now go toe-to-toe with the US.

One of the pound’s most accurate forecasters is predicting the currency will rebound on expectations that Britain will miss the latest deadline for leaving the European Union. Svenska Handelsbanken AB sees sterling climb about 6% to $1.33 by the end.

Switzerland has been ranked the best place in the world to live and work, stealing the crown from Singapore which was at the top for five consecutive years. High living standards and competitive salaries have seen the Swiss nation become.

The U.S. trade war with China and the resultant slowing global economy, sanctions on Iran’s oil sector and political turmoil in Venezuela and Libya, are all combining to destabilize crude markets. And these factors that are decisive in the direction.

Anxiety about the global economy growth rate and the threat of new EU tariffs set to be launched by the US is keeping investors from actively buying profitable assets. On the debt markets, there is a declining trend in the.

Within a week, from June 26 to July 2, the bitcoin price fell from $13,868 to $9,651, recording a 30 percent pullback against the U.S. dollar. Technical analysts have expressed optimism towards the swift recovery of bitcoin from a large.

The terrible experience of the 1930s should remind us that trade and currency wars go together like a horse and carriage. Now that US President Donald Trump’s administration is fully implementing his protectionist “America First” agenda, it is only a.

Corporate America has a summer horror flick for you: an earnings recession. An earnings recession is two successive quarters of earnings-per-share decline. Such a decline is projected to not only have occurred in the second quarter of 2019, but is.

Market overview FX: GBP loses 0.4% on BoE’s fears around the effects of trade wars; JPY and CHF rose due to demand for safety bonds. Stocks: SPX plies near the highs in anticipation of further signals. ChinaA50 retreats from two-month.

The U.S.-China trade war and a spike in oil prices from geopolitical tensions have the potential to push the world into recession next year, according to renowned doomsayer Nouriel Roubini. “It’s a scary time for the global economy,” the head.

The great U.S.-China trade war is all over but the shouting. In a meeting on the sidelines of the G-20 summit in Osaka, Japan, President Donald Trump and Chinese President Xi Jinping agreed to resume trade talks that had broken.