Market Overview - Page 498

Market focus At the beginning of the week, risky assets were again under pressure. Last Friday, the United States raised tariffs on $200B worth of Chinese goods and warned that without a trade deal within a month, the remaining imports.

The bitcoin bull market is here, as the price of the flagship cryptocurrency has shot through $7,400 and it seems all set to go higher. Bitcoin bulls estimate that the price of each coin could hit $20,000 very soon thanks.

U.S. equity futures slid, extending the stock market’s biggest weekly decline of the year, as a weekend of back-and-forth trade squabbling kept investors glued to news screens as earnings season wound down. “We not expect China to sell U.S. Treasuries,” ING.

Important upcoming events and publications for the week ended May 17 (GMT): Monday, May 13 13:05, 13:10, 17:20 FOMC members speaks. Risks for USD: Moderate. The speeches of Rosengren, Clarida and Kaplan draw attention in the light of the possible.

No. Way. Bitcoin (BTC) just hours ago moved above $6,700 and even flirted with $6,800 on some crypto exchanges. Although many have been absolutely enamored with this move, some have been left asking: Is the cryptocurrency moving too far too.

Uber began trading on the New York Stock Exchange Friday at $42 per share, below its IPO price of $45. The stock was down more than 1% toward the start of trading. Uber priced its shares Thursday night toward the.

United States regulator, the Securities and Exchange Commission (SEC), is reviewing a new application for a cryptocurrency exchange-traded fund (ETF), documents released on May 9 show. The product comes courtesy of Crescent Crypto Index Services, a subsidiary of benchmarking and.

Crypto markets make a new yearly high; Bitcoin surging to $6.3k, Litecoin lifted but the rest of the altcoins get eaten. The end of the week has seen crypto markets hit another new high for 2019. Bitcoin is pushing things.

A global stock market sell-off started to ease on Friday despite the U.S. fulfilling a promise to ramp up tariffs on Chinese goods. The U.S. hiked tariffs from 10% to 25% on $200 billion worth of Chinese goods at 12:01.

Market focus The United States imposed an increased 25% tariffs on Chinese goods worth $200 billion. China, in turn, promised retaliation. Nevertheless, both countries officials note that there remains a chance for a deal as early as this week. The.

Important upcoming events and publications for May 10 (GMT): 08:30 U.K. Gross Domestic Product. Risks for GBP: High. The 1Q19 first estimate is expected to mark a growth increase from 0.2% q/q and 1.4% y/y to 0.5% q/q and 1.8%.

Ripple’s xCurrent 4.0 is live now. It will surely boost the image of Ripple in the market. The long term outlook is bullish; price fluctuations are anticipated in the short term. Ripple (XRP) is a creation of Ripple Labs Inc..