Market Overview - Page 537

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.

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 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 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.

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.

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.

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 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.

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 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.

According to a report released by ValueWalk, the number of Bitcoin ATMs worldwide has surpassed 4,000 and the market is still growing rapidly. The increase in the number of Bitcoin ATMs comes in a period during which cryptocurrency businesses are.

China has extended the olive branch back to the United States by offering a path to eliminate Washington’s burgeoning trade deficit with the country, Bloomberg reported Friday. The news comes less than a day after The Wall Street Journal reported.