Market Overview - Page 538

Crude prices rose to their highest so far in 2019 on Monday after data showed refinery processing in China, the world’s second-largest oil consumer, climbed to a record last year despite a slowing economy. International Brent crude oil futures LCOc1.

China notched its slowest expansion since the 2009 financial crisis last quarter amid a debt cleanup and trade woes, while signs of stabilization in December suggest government efforts to cushion the deceleration are beginning to take hold. Gross domestic product.

The Chinese economy is slowing down to multi-year lows. GDP growth was 6.4% y/y in 4Q18 was the lowest in 28 years. However, monthly indicators hold out a hope of a change in trend. Industrial production and retail sales accelerated.

Asian markets returned to growth on Friday after a report on progress in trade negotiations between the U.S. and China. As a result, the China A50 Blue Chip Index has been growing by more than 2% on Friday morning. In.

Vladimir Putin will soon begin his third decade at Russia’s helm. After shrinking sometimes more than ten percent per year under Yeltsin, Putin shepherded the economy to ten percent growth in his first full year in power. Putin simultaneously embarked.

The federal government shutdown showdown of 2019 between Capitol Hill Democrats and President Donald Trump keeps setting records as it enters into its 26th day. The previous longest federal shutdown in U.S. history was the 1995-’96 face-off between Speaker Newt.

The scale of Prime Minister Theresa May’s Brexit defeat has convinced the European Union to demand she radically rethink the U.K.’s red lines as the bloc signaled its willingness to delay Britain’s withdrawal by many months. The EU had been.

Oil retreated near $52 a barrel as investors assessed surging U.S. production against output curbs pledged by some of the world’s top suppliers. Futures lost as much as 1 percent in New York, trimming gains of 3.6 percent over the.

According to a report from Credit Karma, US bitcoin investors who decided to exit the bitcoin market lost $1.7 Billion. Unrealized losses, belonging to those who didn’t sell, account for $5.7 billion. Credit Karma GM Jagjit Chawla believes many Americans.

Over the past 24 hours, the crypto market continues to show multidirectional dynamics. Bitcoin price again fell below $ 3,700. Several leading altcoins, including Ethereum and TRON, showed an increase during the day, but now they have reverted to a.

China’s central bank injected a record $83 billion into the country’s financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy. China’s policymakers are pledging to step up stimulus measures this.

The British pound, as expected, experienced a high volatility day on Tuesday. As the result, however, the currency avoided serious pressure, ending Tuesday’s near levels at the opening. During the day on Tuesday, the pressure on the pound increased, sending.