Market Overview - Page 506

Important upcoming events and publications for April 11 (GMT): 12:30 U.S. Producer Price Index is an important inflationary indicator. The Overall figure is expected to remain at 1.9% y/y, which can be a reversal of the inflationary trend to growth.

The bitcoin price bounded to a new 2019 high on Wednesday, sneaking within inches of the $5,500 mark midway through the afternoon US trading session. The flagship cryptocurrency held above $5,200 throughout the morning, but it began to climb heading.

Financial technologies such as digital currencies are “shaking” the banking system and must be monitored to maintain stability, according to the head of the International Monetary Fund. Speaking to CNBC on Wednesday, IMF Managing Director Christine Lagarde pointed to the.

Brexit is on course to be delayed until the end of October under a plan to avoid a chaotic no-deal split, risking six more months of political uncertainty over Britain’s ties to the European Union. The blueprint hashed out during.

Federal Reserve officials at their most recent meeting left room for the possibility of interest rate increases before the end of the year, should economic conditions improve, according to minutes from the session released Wednesday. The central bank’s Federal Open.

Stocks Stock markets are retreats from multi-month highs after the IMF lowered its global economic growth forecast to 3.3% from 3.5%, explaining this by the impact of trade tariffs. Meanwhile, the new trade conflict begins between the US and the.

Bitcoin’s April rally has captured the attention of observers both inside and outside crypto–land, with the price perched above $5,200 once again. Blockchain pioneers are confronting the pop, even if they have different views on what it means. Vinny Lingham, who is.

Companies in the oil and gas sector, including large groups such as Shell, BP and Exxon, could lose 95% of their value by 2050 if governments take action to limit global warming to 2 degrees Celsius, according to new analysis. The report, from the.

Tough talk about the need to punish Russia for meddling in the 2016 U.S. election is running into the reality that Congress’s enthusiasm for additional sanctions is waning. “We face a little bit of sanctions fatigue around here these days,”.

Important upcoming events and publications for April 10 (GMT): 08:30 U.K. Industrial production and monthly GDP estimates may affect the dynamics of currency pairs with GBP. On average, analysts are waiting for the economic slowdown, linking it with uncertainty around.

The International Monetary Fund cut its outlook for global growth to the lowest since the financial crisis amid a bleaker outlook in most major advanced economies and signs that higher tariffs are weighing on trade. The world economy will grow.

A Chinese central government agency in charge of formulating macroeconomic policies is labeling bitcoin mining as an “undesirable” industry in a draft proposal, recommending local governments to eliminate the sector in the country. China’s National Development and Reform Commission (NDRC).