Market Overview - Page 487

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.

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.

Market overview FX: Major currencies mainly grew to #USD and even more to #EUR over the last 24h in anticipation of the Fed and ECB policy easing. Stocks: #SPX adds more than 1% in the hope of the softness of.

President Donald Trump said Tuesday that he and Chinese President Xi Jinping “will be having an extended meeting next week at the G-20 in Japan.” In a tweet, Trump said that he and Xi “had a very good telephone conversation,”.

Bitcoin is back! The world’s No. 1 cryptocurrency is on fire, with a price approaching $10,000, pushing the digital asset near its highest level in more than 14 months, according to MarketWatch data provided by CoinDesk. A single bitcoin BTCUSD,.

European Central Bank (ECB) President Mario Draghi defended the tools that the institute has available on Tuesday, saying that it could cut interest rates again or provide further asset purchases if inflation doesn’t reach its target. Speaking at the ECB.

– Facebook is leading a consortium creating a new digital currency called Libra.Other members include payments companies Visa, Stripe, PayPal and Mercado Pago, and that will help merchants accept Libra. Some tech companies are also on board, including eBay, Lyft,.

Market Focus This week investors’ attention will be closely focused on the FOMC decision, as well as the Bank of Japan and the Bank of England meetings. Speculations surrounding expectations that the US economy will need an even softer monetary.

Market overview Markets cautiously silent before FOMC Decision on Wednesday. USD adds to most currencies except EUR, JPY as a sign of risk aversion. Gold returned to growth and traded just under $1350. Brent at $60. Important events and speeches.

FX: USD gained 0.6% on Friday, strengthening against most major currencies. Stocks: The Key indices inched higher on Monday morning Commodities: Brent went back above $61, despite the growth of the dollar. Gold touched $1358 on Friday and then fell.

Finally, the price spiked above the $9,000 level and it is currently trading with a strong bullish bias. On the downside, an initial support is near the $9,000 level. The next support is near the $8,800 and $8,780 levels. It.

Market focus All the markets’ attention is focused on the U.S. & China Retail Sales and Industrial production. Despite the trade conflicts, very optimistic indicators are expected in both countries. In China, the annual growth rate of Retail Sales is.