Market Overview - Page 530

Important upcoming events and publications for March 21 (GMT): 08:30 SNB monetary policy decision is unlikely to change interest rates. Investors’ attention will be largely focused on the SNB comments and assessments in an attempt to understand whether the Central.

Throughout the past week, the bitcoin price has increased from $3,901 to $4,048, by nearly 4 percent against the U.S. dollar. The relatively strong short-term performance of bitcoin led alternative cryptocurrencies to engage in large upside price movements, allowing the.

An economic slowdown and extremely tight credit conditions pushed corporate debt to a record high in China last year, according to experts. Defaults for Chinese corporate bonds — issued in both U.S. dollars and the Chinese yuan — soared last.

The Federal Reserve decided Wednesday to hold interest rates steady and indicated that no more hikes will be coming this year. In a unanimous move that coincides with market expectations and demands, the central bank’s policymaking Federal Open Market Committee.

The broader crypto market has been stuck in a narrow trading range over the short-term, but there’s one cryptocurrency whose value has nearly doubled year-to-date, and that’s Litecoin (LTC). The fifth-biggest coin, which is currently trading at $60.75, has benefitted.

At the end of the week, the British currency will face new challenges: several events at once that could drastically affect the GBP trend. On Wednesday evening, the Fed’s monetary policy decision will be announced, as well as forecasts for.

Many critics of Bitcoin often argue that its four occasionally five-figure price point is entirely unjustified based on the lack of BTC use in retail. However, over the years, plenty of companies have attempted to nurture the gradual adoption of.

Throughout the past five days, amidst reports about the Federal Reserve’s reluctance towards raising the interest rate, the Dow Jones has breached the 26,000-point mark for the first time since March 1. The Dow suffered early last week due to.

Prime Minister Theresa May won’t ask the European Union for a “long” delay to the Brexit deadline, her office said, after pro-Brexit ministers objected to being stuck in the bloc for much longer. The move increases the chances that the.

Important upcoming events and publications for March 20 (GMT): 07:00 German Producer Price Index is expected to grow in annual terms after several months of slowdown. The high rate of producer prices growth is regarded as an early sign of.

XLM, a cryptocurrency backed by Stellar Lumens, an open-source, decentralized payment protocol, surged as much as 11-percent in the past 24 hours. The upside move started brewing during the early European trading session on Monday, as the XLM moved from.

EURUSD has reached the resistance of the downward channel before the important Fed meeting, which is able to determine the further trend The single currency is growing against the dollar for seven trading sessions out of the last eight, quickly.