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Market Overview - Page 557


YouGov: Bitcoin ownership hits 9% in UK
YouGov: Bitcoin ownership hits 9% in UK

Over 90 percent of UK residents have now heard of Bitcoin and up to 9 percent of some demographics own it, an upbeat new survey revealed November 7. The findings by market research agency YouGov paint a surprisingly positive picture.

Stocks Fall Amid China Worries; Dollar Holds Gains
Stocks Fall Amid China Worries; Dollar Holds Gains

European stocks slid, following a retreat in Asia, amid growing concerns about a slowdown in China and policy makers’ steps to address it. The dollar advanced as the Federal Reserve stayed on track for a December rate hike. Mining and.

Russia clashes with Western oil buyers over new deals as sanctions loom
Russia clashes with Western oil buyers over new deals as sanctions loom

Russian energy majors are putting pressure on Western oil buyers to use euros instead of dollars for payments and introducing penalty clauses in contracts as Moscow seeks protection against possible new U.S. sanctions. Seven industry sources told Reuters that Western.

FxPro: The FOMC’s optimism has strengthened the dollar, but there are growing doubts about the prospects
FxPro: The FOMC’s optimism has strengthened the dollar, but there are growing doubts about the prospects

The US dollar has turned to growth this week following its previous decline in uncertainty. First of all, the risks of unpleasant surprises due to the elections are now gone and the results were close to predictions. Often, subsequent to.

Important upcoming events and publications
Important upcoming events and publications

09:30 (GMT) UK GDP can seriously affect the GBP dynamics. According to forecasts, the economy is expected to grow by 0.1% in September, and by 0.6% in the third quarter, after 0.4% in the second. This will be a preliminary.

Stocks Pull Back, Dollar Gains Before Fed Results
Stocks Pull Back, Dollar Gains Before Fed Results

U.S. stocks pulled back from near a one-month high as traders awaited the results of a Federal Reserve policy meeting in Washington. Benchmark Treasury yields dipped while the dollar edged higher. Tech shares underperformed after Jack Dorsey’s Square Inc. gave.

FxPro: How FOMC will affect the markets today
FxPro: How FOMC will affect the markets today

There was a positive reaction of the stocks on Wednesday, gaining momentum during the day. As a result, the U.S. main indices held an impressive rally with a growth by more than 2%. The dynamics of the American dollar was.

Crypto market cap makes 4-week high, tops $220 billion
Crypto market cap makes 4-week high, tops $220 billion

Bitcoin prices moved higher Wednesday, trading above $6,500 for the first time since mid-October. A single bitcoin BTCUSD, -0.70% was last changing hands at $6,531.01, up 1.5% since Tuesday at 5 p.m. Eastern Time on the Kraken exchange. The move.

Tax Nightmare: Student Invested $5k in Ethereum & Now Owes $400k in Taxes
Tax Nightmare: Student Invested $5k in Ethereum & Now Owes $400k in Taxes

In May 2017, a college student based in the US invested $5,000 in Ethereum (ETH), when the digital asset was worth around $50. Within merely months, the price of ETH skyrocketed from $50 to $1,281 at its peak, as the.

China October export growth surprisingly strong in race to beat higher U.S. tariffs
China October export growth surprisingly strong in race to beat higher U.S. tariffs

China reported stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, seeking to beat higher tariff rates due to kick in at the start of next year. Import growth also defied forecasts for.

Important upcoming events and publications
Important upcoming events and publications

07:00 (GMT) Germany trade balance is in a trend to decline from the end of 2017, both due to the exhaustion of the effect of euro decline and due to the slowdown of China’s growth. Interrupting this trend is able.

Oil slips after U.S. output hits a new record, stocks rise
Oil slips after U.S. output hits a new record, stocks rise

Oil prices fell on Wednesday, continuing their recent slide after surging U.S. crude output hit another record and domestic inventories rose more than expected. In early trade, prices had risen after a report that Russia and Saudi Arabia are discussing.

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