Market Overview - Page 495

On May 17, within minutes, the bitcoin price plummeted from around $7,800 to $6,400 in a flash crash, recording an unexpected 18 percent drop. The sudden decline in the bitcoin price led the valuation of the crypto market to plunge.

Important upcoming events and publications for May 17 (GMT): 09:00 Eurozone consumer price Index. Risks for EUR: Low. It is expected price growth rate is at 1.7% y/y. Since the beginning of the year, inflation in the region has been.

Europe must reposition itself to stand up to the challenges posed by its three big global rivals, China, Russia and the US, Angela Merkel has said before her final European election as German chancellor. Facing challenges that range from Russian.

A recent study by Chainalysis Inc. found that just 376 people in the world own one third of all the Ether cryptocurrency there is. For comparison the company says 448 people own 20 percent of all Bitcoin. The study also.

According to “HiThrowaway”, Bitcoin (BTC) is looking like it is on the verge of a potential drawdown. In a recent tweet, the trader noted that the last three times the asset’s one-week chart looked as it does now, 82%, 85%,.

The period of January through April marked the best four-month start a year for stocks in more than 30 years, but markets have hit a rough patch in May on fears that a U.S.-China trade conflagration could morph into a.

Market focus A new blow to China-US relations was inflicted by the United States, imposing sanctions against Huawei, the Chinese telecom giant. This situation potentially opens the additional front of trade disputes between China and the United States. Moreover, investors.

Important upcoming events and publications for May 16 (GMT): 09:00 Eurozone Trade balance. Risks for EUR: low. In March, the surplus is expected to decrease from 19.5B to B19.0B. Despite this, the surplus as a whole has been increasing since.

Market focus Chinese data shows a slowdown in the economy. Retail sales, investments in fixed assets, industrial production – all these figures significantly below expectations in April. The effect of monetary policy easing in previous months and weeks has not.

Ripple price is up more than 15% again today and it recently broke $0.420 against the US dollar. The price surged above the $0.4300 level and traded to a new 2019 high near the $0.4480 level. There is a major.

As Bitcoin has returned over the past few days, many have been left asking where the cryptocurrency market could top. It may be a bit too early to tell, but some are that optimistic. Level’s Josh Rager notes that over.

Important upcoming events and publications for May 15 (GMT): 06:00 German GDP. Risks for EUR: Moderate. It is expected economic growth by 0.4% q/q and 0.7% y/y. Growth rate to the same quarter last year has decelerated 4Q17. Weaker than.