Market Overview - Page 527

Asian stocks were mostly higher on Monday as traders watched for developments on a fresh round of trade talks between American and Chinese officials in Beijing this week. Markets in China and Taiwan, reopening after a weeklong Lunar New Year.

The cryptocurrency market is making an emphatic return today after days of low volatility, with the price of bitcoin briefly surpassing $3,700 alongside other major coins printing double-digit gains in the past day. Litecoin (LTC), the world’s fourth-largest cryptocurrency by.

A Bitcoin ETF is on its way – really. This according to a U.S. Securities and Exchange Commissioner who thinks a Bitcoin ETF will eventually become a reality. Commissioner Robert J Jackson Jr. expressed optimism about a Bitcoin ETF being.

The US dollar is rising, having updated this year highs since the beginning of the year at USDX on the demand growth for safe assets. At the end of the week, the demand for protective assets has increased sharply. The.

Stocks fell and bonds ticked higher as concern over economic growth and trade disputes sent global equity markets toward their first weekly loss since December. Oil and most industrial metals dropped, while the yen nudged higher. The Stoxx Europe 600.

The recent Dow Jones rally is a “dead cat bounce” because the stock market is going to tank and a recession will eventually cast a dark shadow over the US economy. That’s the bleak prediction of investment perma-bear David Tice,.

Important upcoming events and publications for February 8 (GMT): 13:30 Employment in Canada will be in the focus of American traders in the absence of significant U.S. publications at this time. In the previous two days, CAD was sharply sold.

The Bank of England and the European Commission both offered downbeat outlooks on Thursday, reaffirming growing fears about the health of Europe’s economy. Although, the BOE left interest rates unchanged, as expected, it cut its forecast for 2019 gross domestic.

U.S. stocks fell the most in two weeks after a Trump administration official signaled a trade deal with China wasn’t close, rattling investors already on edge over signs a slowdown in the global economy is spreading and the American government.

Despite the fact that the report on the US labour market did not cause a powerful wave of dollar purchases, it still spawned a trend to strengthen against most currencies. As we wrote after the release of labour market statistics,.

According to a disclosure made Tuesday by the development team behind ZCash, the most highly capitalized privacy-focused cryptocurrency (with a market cap in excess of $270M at the time of publication), has secretly fixed a critical security flaw in ZCash’s.

The first U.S. oil shipments to China in months will reach their destinations just days from now, punctuating a pledge by President Donald Trump in December that China would begin buying more American products despite an ongoing trade battle. The.