Market Overview - Page 526

Recent inflation data in the UK put pressure on the pound. GBPUSD has turned to decline from 1.29 after the release of disappointing inflation data for January. Official data from ONS noted overall consumer prices decline by 0.8% in January.

Important upcoming events and publications for February 13 (GMT): 09:30 U.K. Consumer price index is often seen as an important and timely indicator of economic activity. In January, prices are expected to drop by 0.7%, while in annual terms inflation.

In the last 24 hours, the EOS price has surged from $2.71 to $3.06 by more than 10 percent against the U.S. dollar, reclaiming its position as the 4th largest crypto behind Bitcoin, Ethereum, and Ripple. Last week, Litecoin overtook.

U.S. stock futures indicated major indexes could be headed for fresh highs on Wednesday, after President Donald Trump said he may let a China trade-deal deadline slide if the two sides were making enough progress. Dow Jones Industrial Average futures.

The U.S. national debt topped a record $22 trillion this week, less than a year after it crossed the $21 trillion mark, indicating a further deterioration in the nation’s finances. The Peterson Foundation said the U.S. national debt has risen.

U.S. stocks saw solid gains Tuesday morning, after lawmakers reached a tentative deal to prevent a government shutdown and optimism grew over a potential trade deal between the U.S. and China. How are major indexes faring? The Dow Jones Industrial.

The prospect of a Bitcoin ETF is ‘virtually certain’ according to finance manager Ric Edelman, who is confident that either VanEck or Bitwise will satisfy the demands of the SEC. The founder of Edelman Financial Engines told CNBC’s Bob Pisani.

Egyptian billionaire Naguib Sawiris didn’t mince words in his evaluation of the ongoing trade war between the U.S. and China and the security concerns about Chinese telecommunications giant Huawei. Beijing has long taken advantage of other countries and U.S. President.

Stocks across Europe and Asia advanced and U.S. futures rose after news emerged of a tentative deal among American lawmakers to avert another government shutdown. Treasury yields climbed. Carmakers led the advance in the Stoxx Europe 600 Index, while contracts.

Brexit uncertainty dragged U.K. investment to its worst slump since the financial crash a decade ago, leaving the economy with barely any momentum. Gross domestic product increased a smaller-than-forecast 0.2 percent in the fourth quarter, while December alone saw the.

The USD demand came back at the start of trade in London: the EURUSD pair has dropped to the lowest level of the trading range since November returning to 1.1300. The USDX has reached new highs since December, demonstrating a.

There is a decent chance the world economy is headed for a recession in 2019, according to Nobel Prize-winning economist Paul Krugman. Market participants are increasingly worried about the prospect of a serious economic downturn over the coming months, with.