Market Overview - Page 518

China A shares could be poised for big gains as “fear of missing out” takes hold, according to Goldman Sachs Group Inc. The Shanghai Shenzhen CSI 300 Index of A-share stocks “would give approximately 50 percent and 15 percent potential.

Important upcoming events and publications for March 11 (GMT): 12:30 U.S. Retail Sales are in the focus of markets on Monday. December data showed a sharp decline of 1.8% excluding auto sales, which was the worst figure in 10 years..

In the past 3 months, the Bitcoin price has been relatively stable, performing strongly against the U.S. dollar with solid volume across major markets in the likes of the U.S. and Japan. Since December 16, within a 3-month span, the.

Even before the official announcement of Samsung Electronics on the launch of the Samsung Blockchain Wallet, local publications speculated that Samsung Pay could be behind the high-profile crypto integration for the Galaxy S10. Industry sources reportedly told the publication that.

U.S. stocks slumped with the dollar after a report showed American hiring was the weakest in more than a year while wage gains were the fastest of the expansion. The S&P 500 Index closed slightly lower for its fifth straight.

Positive news has been stretched thin during the “Crypto Winter,” but there are now genuine signs that the ice is beginning to thaw. With Bitcoin showing remarkable resiliency and price stability in a world that wants to write it off,.

The single currency lost 1.2%, responding to the softer ECB tone. Following the meeting, the regulator promised not to raise rates in 2019 and to provide another round of lending to banks at low rates, which should put pressure on.

Important upcoming events and publications for March 8 (GMT): 09:30 UK Consumer Inflation Expectations survey attracts attention as an indicator of Brexit fears. In general, consumer expectations growth is one of the reasons for tightening the policy of the Bank.

The euro fell to its weakest level versus the greenback since June 2017 after European Central Bank President Mario Draghi downgraded the outlook for the region’s economy and promised more support, while the dollar surged to its highest level this.

The euro collapsed after the ECB warned it did not intend to consider a rate hike earlier than 2020, and also promised a new round of loans for banks at low interest rates. Earlier, the Bank promised that it would.

A new report from the United Kingdom’s primary financial regulator suggests we’re still a long way from a cryptocurrency revolution. According to the report, only 3 percent of people in the UK have bought cryptocurrency. And an enormous 73 percent.

Stocks were mostly lower Thursday as fresh cuts to economic forecasts added to investor concerns about the outlook for global growth. The euro held steady ahead of a rate decision by the European Central Bank, while the dollar edged higher.