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Market Overview - Page 533


FxPro: China is at risk of following in Japan’s footsteps
FxPro: China is at risk of following in Japan’s footsteps

The slight adjustments to the stock markets on Monday and Tuesday couldn’t diminish the investors’ positive outlook and the growth of key global indexes has resumed on Wednesday afternoon. The S&P500 futures and FTSE100 have both added 0.4% at the.

Bitcoin price oversold and could touch bottom: Bloomberg
Bitcoin price oversold and could touch bottom: Bloomberg

A new analysis in Bloomberg suggests that the Bitcoin bottom is somewhere around $3,000 or $3,100. Using the GTI Global Strength Technical Indicator, the analysis says that Bitcoin is probably oversold at this point. The Bloomberg report also says “many.

China will increase fiscal spending in 2019 to support the economy
China will increase fiscal spending in 2019 to support the economy

China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said on Wednesday. Mounting pressure on the world’s second-biggest economy pushed growth last year.

Dollar rally stalls, stocks fall on pressure from technology companies
Dollar rally stalls, stocks fall on pressure from technology companies

Stocks fell in Europe on Wednesday alongside U.S. equity futures as traders juggled doubts about the prospects for progress on trade with signs of China stimulus and moves to end the American government shutdown. The yen slid as the Bank.

Important upcoming events and publications
Important upcoming events and publications

Important upcoming events and publications for January, 23 (GMT): 11:00 UK CBI Industrial Order Expectations is expected to indicate a deterioration in the balance. Weak data can have a moderately negative impact on #GBP in contrast with strong employment data.

Oil fell by almost 3% on supply growth and Chinese economy slowdown
Oil fell by almost 3% on supply growth and Chinese economy slowdown

Oil prices fell 3 percent on Tuesday over concerns the world’s stumbling economy could pinch fuel demand as U.S. crude output climbs to new heights and cuts by Saudi Arabia and its allies are smaller than advertised. Gloomy new global.

FxPro: Pound supported by Strong U.K. Labor Market data
FxPro: Pound supported by Strong U.K. Labor Market data

European and Asian markets are losing ground on Tuesday due to fears around global slowdown. By the start of trading in the U.S., futures on the S&P 500 lost 0.4%, as much as they lost on Monday. The main market.

Why is Bitcoin better than gold?
Why is Bitcoin better than gold?

Throughout 2018, more than $3.2 trillion worth of Bitcoin payments were processed on the public blockchain network. The high on-chain transaction volume of the dominant cryptocurrency has demonstrated the efficiency of the asset as a cross-border payment method and as.

Bloomberg published the index of the most innovative countries in the world
Bloomberg published the index of the most innovative countries in the world

South Korea retained the global crown in the 2019 Bloomberg Innovation Index, though improvements by Germany in research and education brought Europe’s largest economy to near-parity in the annual ranking. The U.S. moved up to eighth place, a year after.

Asian stocks fall with oil amid global economy fears
Asian stocks fall with oil amid global economy fears

Asian shares stumbled and oil prices fell on Tuesday as pessimism about world growth drove investors away from risky assets, while sterling ticked lower in the face of the latest twists and turns in the Brexit saga. China got the.

Second Brexit referendum idea is backed by opposition leader
Second Brexit referendum idea is backed by opposition leader

British Prime Minister Theresa May said on Monday, that the government is working on proposals to seek further concessions from the European Union. The Irish border issue is tearing the parliament apart and delaying the signing of the current EU.

Important upcoming events and publications
Important upcoming events and publications

Important upcoming events and publications for January, 22 (GMT): 12:30 UK Employment report is able to increase the #GBP volatility if it shows a sharp increase in the number of unemployment claims or the cooling of wage growth, as this.

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