Market Overview - Page 527

Stocks are ending the week on a positive note as the latest economic data from China offers reassurance to investors concerned about the global growth outlook, while prospects of a trade deal improved. Treasuries extended a decline and the dollar.

UK Prime Minister Theresa May has laid out plans for a possible extension to Article 50 to avoid the UK leaving the European Union at the end of March without a deal. Such an extension would first require MPs to.

China stocks cheer MSCI’s increasing weight of national companies, but technical analysis for China A50 and SPX points to potential exhausting of the rally China on the rise… The Chinese market’s correction quickly ended with news that MSCI increasing weight.

Facebook’s blockchain team has made a significant amount of progress on its secretive cryptocurrency project since Bloomberg first reported that the company was building a dollar-pegged stablecoin. So much progress, in fact, that you may soon find the WhatsApp-focused cryptocurrency.

In a recent survey, most business economists believe the U.S. will fall into recession by 2021. Days after the market euphoria over a ceasefire in the ongoing trade war between China and the U.S., a new study has suggested that.

Important upcoming events and publications for February 28 (GMT): 13:00 Germany Consumer price index for the current month is very operative statistics, therefore often provokes an increase of volatility in pairs with EUR. Note that data on individual German lands.

Stocks dropped as an abrupt end to the U.S.-North Korea summit and disappointing manufacturing data out of China added to the woes facing investors. Havens, including gold and the yen, climbed. Miners led the drop in the Stoxx Europe 600.

U.S. President Donald Trump said Thursday he cut short his nuclear summit with North Korean leader Kim Jong Un because the two sides could not agree on sanctions. The series of meetings between the two leaders in Hanoi, Vietnam started.

The U.S. wants China to revaluate yuan a claim that can hardly be met by the Chinese if they do not want to repeat Japanese 2 lost decades Trade optimism fading The optimism around the US-China talks is fading away..

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.