Market Overview - Page 532

Wall Street firm JP Morgan has predicted that HODLers should expect to experience more pain if the crypto winter persists. According to JPMorgan analysts, the price of bitcoin could fall to as low as $1,260, Reuters reports. The same analysts.

The British pound grew steadily during this week, adding 2% against the dollar. An unexpectedly strong wages report was supported in the following days with positive buzz around Brexit. First, we received reports of a possible postponement of the Brexit.

Bitcoin is Actually Based on a Lot of Things It is deadly clever system architecture for creating the world’s first open source, decentralized, peer-to-peer bank with no need to trust a banking institution. The U.S. Dollar Really isn’t Based on.

According to new figures from the International Monetary Fund (IMF), the European Central Bank (ECB), and the Chinese government, Europe and China are continuing to struggle following a poor year of growth in 2018. ECB President Mario Draghi said on.

Liberal billionaire George Soros on Thursday warned that the U.S. and China, the world’s two largest economies, are locked in a “cold war that could soon turn into a hot one.” His comments come at a time when investors are.

Important upcoming events and publications for January 25 (GMT): 09:00 Germany Ifo Business Climate Index is expected to show the fifth consecutive month of decline. Investors and traders have increased focus on data from euro-region. In particular, weak PMI provoked.

Президент ЕЦБ Драги усилил тревожный тон в отношении испытаний, с которыми сталкивается экономика еврозоны, сигнализируя, что ЕЦБ может придерживаться еще более о

Eurozone PMI estimates put pressure on the single currency on Thursday. EURUSD experienced serious pressure, falling 0.5% to 1.1330 after the release of disappointing PMI estimates. According to PMI, the manufacturing sector in Germany, which is the locomotive of the.

Germany’s industrial slump worsened at the start of 2019, dragging the euro-area economy into its worst performance in more than five years. IHS Markit’s monthly index showed manufacturing in Germany shrank for the first time in four years. In the.

Important upcoming events and publications for January 24 (GMT): 08:30 Germany Preliminary Estimate PMI release often causes markets reaction and impacts on EUR, as it more strongly influences the expectations than final estimate. During the year, the production index falls,.

Pound is strengthening for the second day in a row as Parliament is trying to persuade the Government to postpone the Brexit date past March 29th to take no-deal off the table. Labour’s position is in favour of that outcome,.

Russia should not unleash an oil price war against the United States but rather stick with output cuts even at the cost of losing market share in the medium term, one of the main Russian architects of a production pact.