Market Overview - Page 557

Asian shares tumbled on Friday after China reported a set of weak data, fanning fresh worries of a slowdown in the world’s second-biggest economy and leaving investors fretting over the wider impact of a yet unresolved Sino-U.S. trade dispute. MSCI’s.

Important upcoming events and publications for December, 14 (GMT): 09:00 The EU Preliminary PMI can have a serious impact on EUR. Over the past 12 months, this indicator marks a slowdown, raising doubts in future prospects. If the data is.

Over the past 48 hours, the Bitcoin price has stabilized at around $3,400 after dropping to a new yearly low at $3,210 on December 7. On a weekly basis, Bitcoin (BTC) is up six percent from $3,210 to $3,400 but.

The demand for risky assets is gradually recovering, supported by the US-China’s “trade truce” which is not in hurry to ends. Futures on S&P500 rose by 0.4% this morning, after growth by 0.8% the day earlier. The Shanghai A50 is.

Oil prices gave up earlier gains Wednesday to finish a bit lower, after U.S. government data showed domestic crude supplies declined for a second week in a row, but by much less than the market expected. The Energy Information Administration.

The European Central Bank is all but certain to formally end its lavish bond purchase scheme on Thursday but will take an increasingly dim view on growth, raising the odds that its next step in removing stimulus will be delayed..

The most potential use case of bitcoin today is the store of value. But an analyst thinks otherwise. Stephen Innes, head of Asia Pacific trading at Oanda, a New York-based forex firm, believes that the world’s leading digital currency is.

Global markets are on the rise on Wednesday, adding more than 1.2% on the MSCI Asia ex Japan index. Japanese Nikkei jumped by 2%. Chinese stocks behave more carefully: Hang Seng grows by 1.1%, China A50 is up only by.

Coinone subsidiary Coinone Transfer has introduced Cross, South Korea’s first blockchain-based remittance app and web service, using enterprise blockchain technology created by Ripple. Cross gives people in Thailand and the Philippines access to faster and cheaper payment services.

Important upcoming events and publications for December, 12 (GMT): 09:00 The EU Industrial Production rarely causes a big surge in EUR volatility. However, markets turn their focuse to the regional data now, as it can shed light on the ECB’s.

Oil prices climbed by around 1 percent on Wednesday amid a stock market rebound and on expectations that an OPEC-led output cut for 2019 would stabilize the supply-demand balance. Disruptions to Libyan crude exports after local militia seized the country’s.

President Donald Trump said he would intervene in U.S. efforts to extradite Huawei Technologies Co. executive Meng Wanzhou if it helped him win a trade deal with China. “If I think it’s good for what will be certainly the largest.