Market Overview - Page 498

The first ever cryptocurrency has struggled to recapture the enthusiasm and exuberance prior to the 2017 hype bubble pop. Since then Bitcoin price has declined over 85% to its eventual bottom, and a brutal and hard-fought bear market has caused.

The U.S. Commodity Futures Trading Commission (CFTC) is willing to approve an ether futures contract – provided it ticks all the right boxes, a senior official has told CoinDesk. The CFTC, which oversees derivatives markets in the U.S., has already.

EURUSD It seems that the series of bad economic data in the eurozone has been left behind. Monday’s PMI indices in the service sector exceeded expectations in addition to strong inflation data at the end of last week. Due to.

Market focus Trade disputes do not subside, putting pressure on financial markets. Against the background of negative sentiment regarding the trade deal, more and more markets are involved in this “tornado”. The United States announced that China had abandoned some.

Important upcoming events and publications for May 7 (GMT): 09:00 European Commission Economic Forecasts. Risks for EUR: moderate. Market focus is on inflation and economy forecasts. More healthy than expected estimates can enhance the purchase of the euro. 15:35 FOMC.

After a decade-long bull market and 2019’s record-breaking start to the year, global stocks are close to all-time highs. But if you look beneath the surface, there’s a scary trend lurking. The entire surge relies on just six stocks: Facebook,.

Market focus On Sunday, Donald Trump announced his intention to raise tariffs on Chinese goods worth $200 billion from 10% to 25%. In addition, the American president announced his readiness to set a higher tariff of 25% on an additional.

U.S. President Donald Trump’s threat of increased tariffs on Chinese goods is an indication that U.S.-China trade negotiations “might have reached a sticking point,” Goldman Sachs said on Sunday. The bank said in a note that chances of a successful.

Still mired in controversy over that $850 million loss, the powers at be at Bitfinex have come up with an idea to replace the funds and it’s raising eyebrows for a bounty of reasons. Bitfinex’s solution to try to make.

Turns out 88-year-old Warren Buffett isn’t warming up to crypto after all. Speaking at what’s been dubbed the “Woodstock of Capitalism”, the billionaire investor told shareholders in Berkshire Hathaway how he really feels about bitcoin. His company’s annual shareholder event.

Important upcoming events and publications for May 6 (GMT): 08:00 Eurozone Composite PMI (final assessment). Risks for EUR: Low. The index is expected unchanged from 51.3, close to 4.5 years lows. Values above 50 indicate increased activity. Stronger than expected.

The increase in the number of employed in the U.S. proved to be significantly stronger than expected, amounting to 263K. Moreover, the previous two months data was revised upward. The unemployment rate collapsed to 3.6% (new 50-years lows), but the.