Market Overview - Page 489

In the past several hours, the bitcoin price has dropped from around $8,500 to $7,732, by nearly 14% against the U.S. dollar. A pullback for bitcoin was generally anticipated by technical analysts following its 130 percent year-to-date gain. Traders were.

Market focus The Australian Central Bank cut its interest rate to 1.25%, to a new historical low. This decision was widely expected by the markets, therefore did not cause pressure on the AUD. At the same time, monetary policy has.

Important upcoming events and publications for June 4 (GMT): 09:00 Euro area Consumer Price Index. Risks for EUR: high. It is expected a sharp slowdown in May from 1.7% y/y to 1.4% y/y against the ECB’s target of “just below.

Stocks fell on Monday, the first trading day of the month, as it appeared the government was setting its sights on big tech because of antitrust concerns. Shares of Alphabet, Amazon, Facebook and Apple all dropped on the fear. The.

In an overnight pullback, the bitcoin price has dropped by around 2.3 percent from $8,700 to $8,500, leaving major crypto assets such as Ethereum, Bitcoin Cash, XRP, and EOS with 3 to 8 percent losses against the U.S. dollar. As.

Market focus Trade disputes have an increasingly significant negative impact on the global economy. The manufacturing PMIs for Asian countries published this morning showed a decline in manufacturing activity from Japan to Taiwan. Chinese data showed a constant level of.

Investors are overlooking the threat posed by the U.S.-China trade war, which could send the global economy into recession in less than a year, according to a research note published Sunday by Morgan Stanley. “Investors are generally of the view.

Important upcoming events and publications for June 3 (GMT): 08:00 Euro area Manufacturing PMI. Risks for EUR: low. The final estimate for May is expected at 47.7, reflecting a decline in business activity to the near the slowest pace in.

Bitcoin does not generate income. So the whales will hope restricting supply will push BTC into another parabolic rise, and sell as BTC price hits peak velocity. If you are dumb money, that’s when you will buy, and that will.

Stocks skidded Friday, with the market on track for its worst May since 2010, after President Donald Trump unexpectedly announced plans to impose tariffs on imports from Mexico in an attempt to pressure the country to stem the flow of.

Bitcoin has a lingering problem that few people are talking about amid the renewed exuberance of the recent price surge. Hardly anyone is using the world’s largest cryptocurrency for anything beyond speculation. Data from New York-based blockchain researcher Chainalysis Inc..

Market focus The U.S. President shook the markets again, triggering a new wave of concerns about the global economy growth rate. Trump announced 5% tariffs with Mexico from June 10, with increase monthly up to 25%. The US president referred.