Market Overview - Page 578

The dollar index fluctuates close to 95.50, recovering to 2-week highs. EURUSD is trading near 1.1550, having returned to a decline at the beginning of the day against the backdrop of the demand for the dollar as a protective asset.

The crises process is intensifying in emerging economies, which also affects their markets and supports the demand for the dollar. S&P 500 lost 0.2% on Tuesday and returned under 2900 level, despite the Amazon’s growth of capitalization over $1 trillion..

Bitcoin Dark (BTCD), a cryptocurrency that planned to compete with Bitcoin and has been around since 2014, has recently seen its price surge from about $20 to a $100 peak in a matter of hours, before correcting to $68 at.

1. What if Trump’s trade war leads to less protectionism and more global prosperity? Before launching his economic wars, Trump bolstered the home front’s economy with deregulation and tax cuts. He figures that strength will allow the U.S. to win.

Stock markets in Asia tracked their global peers lower while the safe-haven dollar hovered near a two-week high on Wednesday as heightened worries over international trade conflicts curbed investor appetite for riskier assets. MSCI’s broadest index of Asia-Pacific shares outside.

The focus on a Bitcoin ETF has shifted from its possibility thereof to the timing of an imminent approval. With several predictions from different quarters already, recent statements are suggesting 2019 to be a more realistic date of approval. One.

The markets are cautiously on buy for American stocks, and the dollar adds on fears that trade conflicts are seriously stifling the business sentiment in Europe and Asia. The MSCI Index of the Asia-Pacific region ex Japan loses 0.3%, Nikkei.

China’s ongoing drive to dominate the emerging global blockchain technology sector has been underlined by news that Alibaba Group Holding alone filed more than 10 percent of all blockchain patents worldwide in 2017. Research by Thomson Reuters shows that 56.

Chinese government bonds are offering increasing opportunity for foreign investors seeking a haven from the trade war storm, portfolio managers said. The tariff fight between Washington and Beijing has scored a direct hit on China’s stock markets and yuan currency,.

Pledges from Turkey and Argentina to shore up the lira and peso failed to bring comfort to most emerging markets, putting a gauge of developing-nation currencies on course for its lowest level in more than a year. The dollar advanced.

Russian police have recently seized cryptocurrency ATM machines under orders from the country’s central bank. According to local publication RBC, the ATM developer impacted by the seizure plans to appeal the action, and has incurred economic damage and costs to.

The dollar index fluctuates close to 95.10, adding 0.5% to this time at Friday. EURUSD is trading near 1.1600, virtually unchanged today after decline by 0.6% on Friday. Trading volumes and volatility are contained due to Labor Day holyday in.