Market Overview - Page 539

It isn’t your imagination, the oil market and the stock market have been moving together to an uncanny degree amid twin selloffs that have sent both down sharply since their October highs. According to Leo Chen, portfolio manager and quantitative.

Gold pierced the $1,300 level to extend a new year rally. Investors flocked to the metal with global equities in retreat, signs of a slowdown stacking up, and the oldest of havens showing its mettle as exchange-traded funds draw in.

Important upcoming events and publications for January, 4 (GMT): 08:55 Germany Unemployment is an important indicator of economic activity. The number of unemployed continues to decline, which allows the country to remain the engine of growth in the eurozone. Due.

The foreign exchange market is experiencing serious turbulence in the first days of the new year. At the beginning of the Asian trading on Thursday, the Japanese yen added more than 7.5% to the dollar in a matter of minutes..

Important upcoming events and publications for January, 3 (GMT): 09:30 U.K. Construction PMI is able to influence on the pairs with GBP. Activity in the construction and housing is a reliable barometer of business activity in Britain. It is expected.

Earlier this year, the total value of all crypto assets reached an all-time high of over $800 billion, driven by a flood of retail customers looking to capture opportunities in a new market. Crypto asset market structure is extremely fragmented;.

Over the past 30 days, the Ethereum price has risen from $83 to $150, by 80 percent against the U.S. dollar in a strong corrective rally. On January 2, following a seven percent increase in its price, Ethereum (ETH) surpassed.

Yields on long-dated U.S. Treasury securities fell to their lowest in nearly a year on Wednesday on concerns about the health of the global economy, a worry exacerbated late in the day when Apple Inc (AAPL.O) cut its sales outlook.

Apple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations. The news, which.

On Monday Brent updated the multi-month lows by falling more than 5%. On Tuesday, when most of the markets were closed for the Christmas celebration, Oil lost another 10%. Meanwhile, global stock indices collapsed to multi-month lows in never seen.

Oil prices were rebounding on Friday, even amid signals of another big build in U.S. crude stockpiles, with official supply data due later. West Texas Intermediate crude for February delivery CLG9, +2.26% rose $1.13, or 2.5%, to $45.73 a barrel,.

Upcoming year promises to be not easy one. Policymakers will have to deal with slowing economics, deteriorating business climate and consumer sentiment. Looks unlikely that 2019 will become a crisis year for developed countries, having been marked by recession in.