Market Overview - Page 525

The ongoing U.S.-China trade dispute stopped a surge in American oil exports to the Middle Kingdom, but as Washington and Beijing inch toward a deal, a trickle of U.S. crude appears to be making its way to Chinese shores. The.

Important upcoming events and publications for February 27 (GMT): 13:30 Canada Consumer price index is expected to demonstrate a sharp slowdown in January from 2.0% to 1.4%. The cooling inflation is seen as a negative signal for CAD, as it.

JPMorgan Chase CEO Jamie Dimon has suggested that JPM Coin, the megabank’s planned U.S. dollar-backed token, could eventually be a consumer product. According to a CNBC report, at JPMorgan’s annual investor day, Dimon said: “JPMorgan Coin could be internal, could.

The latest issue of Diar points out that Bitcoin miners and other crypto miners have made tens of millions of dollars without processing a single transaction. The major proof-of-work blockchains, Bitcoin, Ether, Litecoin, and Dash, have earned in excess of.

Asian shares were higher in muted trading Wednesday as investors awaited the second summit between President Donald Trump and North Korean leader Kim Jong Un in Vietnam. Japan’s benchmark Nikkei 225 added 0.5% in early trading. Australia’s S&P/ASX 200 gained.

Markets remain under moderate pressure, despite the Fed comments. Powell’s semi-annual speech in Congress reinforced expectations that the US Central Bank is ready to show more patience in the face of a slowing economy. In fact, it was a further.

The Dow and U.S. stock market traded lower on Tuesday after government data showed housing starts tanked in December, highlighting extensive damage to the real estate sector since interest rates began to rise. All of Wall Street’s major indexes showed.

The pound jumped on the news that May intends to offer the cabinet to consider Brexit postponing if there is no deal with the EU. Markets always positively respond to news aligned with possible delays. As a result, GBPUSD rose.

The National Bank of Ukraine, the country’s central bank, has been working on a pilot project to test the usefulness of a digital version of its currency, the Hryvnia. The bank announced today that it had completed the pilot and.

Donald Trump sent the oil market into a tailspin Monday with one tweet claiming oil prices are too high and blaming OPEC for it. Is Trump unaware that oil prices are a function of supply and demand? Or is he.

Stocks fell and bonds rose on Tuesday as the rush of optimism over U.S.-China trade talks from earlier in the week faded. The pound strengthened after U.K. Prime Minister Theresa May was said to be considering a plan to delay.

Asian and US markets turned to decline after a long rally. According to technical analysis, this may be the beginning of a long-term correction or even reversal. The dizzying rally on Monday turned into a hangover the next day. China’s.