Market Overview - Page 541

Earnings at China’s industrial firms in November dropped for the first time in nearly three years, as slackening external and domestic demand left businesses facing more strain in 2019 in a sign of rising risks to the world’s second-largest economy..

The Dow Jones Industrial Average surged more than 1,000 points for the first time on Wednesday, leading a broad Wall Street rebound after a report that holiday sales were the strongest in years helped mollify concerns about the health of.

Important upcoming events and publications for December, 27 (GMT): 12:00 ECB Economic Bulletin publishes 2 weeks after the rate decision. Often, the publication has a low impact on the #EUR, but amid reduced liquidity, it cannot ruled out volatility spikes..

This week, the Dow Jones recorded a steep sell-off from 23,970 points to 21,846 points, amidst global economic instability and uncertainty. Since achieving an all-time high at 26,828 points on October 3, the Dow Jones has fallen by 5,036 points.

Russian Energy Minister Alexander Novak said on Tuesday that oil prices, which fell by more than a third this quarter, would become more stable in the first half of 2019. The Organization of the Petroleum Exporting Countries (OPEC) and other.

While 2018 was the year trade wars broke out, 2019 will be the year the global economy feels the pain. Bloomberg’s Global Trade Tracker is softening amid a fading rush to front-load export orders ahead of threatened tariffs. And volumes.

The dollar fell to four-month lows against the yen on Tuesday as investors cut exposure to riskier assets as Washington struggled with a partial government shutdown and open confrontation between the White House and the central bank. The dollar fell.

A new report by research focused cryptocurrency company Clovr, has revealed a significant upsurge in the use of cryptocurrency in remittances across the globe. The study, which surveyed the responses of 707 people sought to delve into their remittance habits,.

Oil prices plunged more than 6 percent to the lowest in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market. U.S. crude futures CLc1 and global benchmark.

As other asset markets, particularly the stock markets, enter a bear market some believe cryptocurrencies have a chance at being the best performing asset class next year. Travis Kling, a self-proclaimed ex-equities portfolio manager who “fell down the crypto rabbit.

FxPro analyst said that OPEC and allied oil producers are ready to hold an extraordinary meeting and will do what is needed if the current cut in oil output by 1.2 million barrels per day does not balance the market.

Since December, 24 markets are switching to the holiday trading schedule. No major statistics will be announced. Please take a look at the changes in trading of various financial instruments here