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Market Overview - Page 489


Euro and Pound possible turn to the uptrend
Euro and Pound possible turn to the uptrend

Market focus The Chinese government announced a softening of financial conditions, which is intended to spur government spending and support economic growth. In addition, market participants continue to price in the Fed monetary policy easing this year. As it was.

Markets review and Major upcoming events
Markets review and Major upcoming events

Market review Forex: Calm. The USD strengthened slightly, mainly due to the GBP decline. Stocks: Moderate growth. SPX +0.4%, HengSeng +0.7%. Commodities: Brent is recovering from a 2.2% drop on Monday. Gold unchanged. Crypto: Bitcoin has stabilized after growth. Important.

The last time the S&P did this, it rallied 25% to an all-time high
The last time the S&P did this, it rallied 25% to an all-time high

It’s been a wild ride for stocks as trade tantrums and global growth fears have ignited a surge of bearish sentiment around the markets. But a top technician says the charts are signalling new highs could come sooner than investors.

The Bearish Threat Within OPEC
The Bearish Threat Within OPEC

The main question for oil analysts at present is whether Putin really stands behind his assessments. By reiterating that Russia is happy with lower prices and suggesting that the Russian government budget is based on $40 per barrel Putin is.

Bitcoin Hitting $10,000 Will Kickstart Mass FOMO, Quadruple BTC in Months: Fundstrat
Bitcoin Hitting $10,000 Will Kickstart Mass FOMO, Quadruple BTC in Months: Fundstrat

The Bitcoin (BTC) bull run has barely even started, but Fundstrat Global Advisors is absolutely euphoric. In a graphic published recently, the investment advisory firm suggested that the “Fear of Missing Out (FOMO)” is quickly materializing in the cryptocurrency markets,.

Weak Dollar and Strong Markets after the unexpected Non-farm Payrolls
Weak Dollar and Strong Markets after the unexpected Non-farm Payrolls

Market focus At the weekend Mexico and the United States announced the deal on trade and migration. This news triggered a 2% spike in the Mexican peso to 19.13 at one point, to levels that preceded the sudden announcement of.

Important upcoming events and publications
Important upcoming events and publications

Important upcoming events and publications for June 10 (GMT): 11:30 U.K. GDP. Risks for GBP: high. It is expected to decrease by 0.1% mom in April, as well as a month earlier. Another report on the foreign trade deficit is.

Litecoin Price Soars 18% and Halving Excitement Could Supercharge Value Higher
Litecoin Price Soars 18% and Halving Excitement Could Supercharge Value Higher

The litecoin price has appreciated more than 18-percent this week, and fundamentals suggest that it could go even higher. The LTC-to-dollar rate today established an intraday high of $114.89 on Coinbase exchange. That took its 24-hour adjusted gains to 8.60-percent,.

When the worse is better: markets grew on stimulus hopes from CB’s
When the worse is better: markets grew on stimulus hopes from CB’s

Market focus The attention of financial markets is still focused on US trade disputes with other countries. Thursday was the second day of negotiations on trade and migration between the representatives of the U.S. and Mexico. During the day, there.

Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation
Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation

Bitcoin is again feeling the pull of gravity amid a rally in gold – a classic safe haven asset. The premiere cryptocurrency topped out at highs near $9,100 on May 30 to hit a 2.5-week low of $7,432 on June.

Russia’s pivot towards China could damage ties with Europe, Belgium’s top official says
Russia’s pivot towards China could damage ties with Europe, Belgium’s top official says

– Russia is experiencing tense relations with the U.S. and Europe and warmer ties with China. – Xi described Russian President Vladimir Putin as his “best friend” on Wednesday. – Europe and the U.S. continue to impose sanctions on Russia..

If you want to know what a US tech crackdown may look like, check out what Europe did
If you want to know what a US tech crackdown may look like, check out what Europe did

Europe has made its name as the top cop of tech regulation. The European Commission, the executive arm of the European Union, has imposed a combined $9.5 billion in antitrust fines against Google since 2017, and its boss hints Amazon.

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