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Market Overview - Page 484


Stocks, Bonds Edge Up; Oil Climbs on Iran Tensions
Stocks, Bonds Edge Up; Oil Climbs on Iran Tensions

Stocks edged higher on Monday as investors weighed mounting geopolitical risks and geared up for the high-stakes meeting between Presidents Donald Trump and Xi Jinping later this week. Oil climbed as the U.S. said it was planning fresh sanctions on.

FxPro Daily Insight for June 24
FxPro Daily Insight for June 24

Market overview FX: USD develops a retreat to 3-month lows, losing 1.6% since Wednesday. NZD and AUD grew following the demand for risky assets. Stocks: On Friday morning, Asian markets returned to 8-week highs; futures for U.S. indices close to.

Bitcoin (BTC) hit $11,000, how Deep The Correction Will Go?
Bitcoin (BTC) hit $11,000, how Deep The Correction Will Go?

The bitcoin price rally refuses to let up, and the dominant cryptocurrency just soared above $11,000 for the first time since March 2018. Around 12:00 UTC, investors bid the bitcoin price up to $11,215.89 on US cryptocurrency exchange Coinbase. The.

Market growth halted, be careful of a deeper correction
Market growth halted, be careful of a deeper correction

Market focus Hopes for a speedy reduction in the Fed’s interest rates and the ECB’s readiness to ease its policy this week generated a rally in the stock markets. As a result, S&P500 updated its historic highs on Thursday. However,.

FxPro Daily Insight for June 21
FxPro Daily Insight for June 21

Market overview FX: the USD on Friday morning to have stabilized after declining 1% on Thursday. High-yielding currencies took correction after the rally during the week. Stocks: SPX, Nikkei225, Euro50 start Friday with a retreat after growth the day before..

The Fed to break the dollar trend
The Fed to break the dollar trend

Market focus The US dollar fell under pressure on Wednesday, losing about 0.8% to a basket of the six most popular world currencies. Also, SPX and DJI experienced growth of a similar magnitude, following the FOMC comments and forecasts. The.

FxPro Daily Insight for June 20
FxPro Daily Insight for June 20

Market overview FX: USD noticeably weakened against all major currencies, got a blow from the Fed’s willingness to lower the rate. Stocks: the main indices grew supported by the soft position of the main Central Banks. Commodities: Brent crude oil.

Trump Moves From Trade War to Currency War
Trump Moves From Trade War to Currency War

President Donald Trump has already given the global economy trade wars. Now there are signs he may be gearing up for a currency war, too. With a series of tweets on Tuesday aimed at the European Central Bank and an.

Facebook’s cryptocurrency is already facing political pushback in Europe
Facebook’s cryptocurrency is already facing political pushback in Europe

– French Finance Minister Bruno Le Maire says it’s “out of the question” that Libra becomes a “sovereign currency.” – Bank of England Governor Mark Carney says the currency will be “subject to the highest standards of regulations.” – Forrester.

Trade truce 2.0, or new currency wars?
Trade truce 2.0, or new currency wars?

Tensions around trade wars subsided following news reports that both the US and China leaders are set to hold an ‘extended meeting’ next week at the G20 summit in Osaka, Japan. After President Trump confirmed the proposed talks on Twitter,.

These Asian economies may be most badly hit by slowing global trade
These Asian economies may be most badly hit by slowing global trade

With tensions between the U.S. and China threatening to slow down global trading volume even further, export-reliant economies such as Japan, South Korea and Taiwan will likely be most badly hit, according to an economist from Moody’s Analytics. Asian economies.

Bitcoin Price Will ‘Easily’ Blast Beyond All-Time High Soon: Wall Street Analyst
Bitcoin Price Will ‘Easily’ Blast Beyond All-Time High Soon: Wall Street Analyst

Speaking to CNBC’s Futures Now, Fundstrat co-founder and head of research Thomas Lee said that considering the momentum of bitcoin, the dominant crypto asset is likely to take out its all-time high very soon. “Well, you know I think bitcoin.

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