© Reuters. The dollar rose in Asia on Friday morning, but remained near a one-month low. The U.S. Federal Reserve maintained its latest stance in its latest, and disappointing U.S. economic data also hampered the rally of the U.S. currency for a month. The setback against a basket ofRead More →
Bitcoin (BTC) is nearing $40,000 this week as “Dogefather” Elon Musk deals out pure pain to hodlers — what’s next? After a traumatic weekend for many crypto investors, Monday is setting the stage for the next chapter in the wild 2021 bull market. Cointlegraph takes a look at fiveRead More →
ShapeShift CEO and crypto industry stalwart Erik Voorhees has suggested that the launch of ThorChain is arguably the biggest event in crypto this week. And considering all eyes in crypto are on the direct listing of major United States exchange Coinbase on the Nasdaq on Wednesday — with aRead More →
Canadian Dollar Fundamental Forecast: Neutral What are the top trading opportunities this year? The Canadian Dollar traded mixed against the US Dollar this past week, but its broader path of appreciation since late March 2020 remains intact. CAD received a boost after Bank of Canada’s Governor TiffRead More →
© Reuters. FILE PHOTO: U.S. dollar banknote is seen in this picture illustration By Tom Westbrook SINGAPORE (Reuters) – The dollar has sunk through major support levels and looked set for its worst week in a month on Friday, as its accelerating slide sucked in more short sellers keenRead More →
Bitcoin (BTC) starts Monday avoiding another $9,000 test, but what could happen to change the mood or even trigger a bull run? Cointelegraph looks at five major facts that could influence the BTC price in the coming week Stocks under pressure: is “valuation” important? The macroeconomic outlook seemed moreRead More →
Bitcoin (BTC) begins a new week in uncertain times after regaining $9,000, but where is BTC/USD headed in the coming days? Cointelegraph Markets highlights five factors driving Bitcoin price action for the week ahead. Stocks optimism returns with $9K Following a major slide on Friday, stocks futures were gaining earlyRead More →
The ride from here could get a lot bumpier after the Dow registered its worst one-day loss since June 11 on Friday, knocking the blue-chip index to its lowest point since May 26, and at least momentarily knocking the wind out of equity investors who may be gradually losing theirRead More →
Chinese Bitcoin (BTC) miner manufacturer Ebang will reportedly be listed on Nasdaq Global Market under the ticker EBON later this week, becoming the second crypto mining company to go public in the United States. According to a report from Chinese crypto news outlet Blockbeats, Ebang will be officially listed onRead More →
Bitcoin (BTC) begins a new week trading in a familiar corridor below $10,000 — will it stay there or is volatility actually incoming? Cointelegraph Markets’ weekly newsletter gives you five factors influencing Bitcoin’s price performance in the coming days. Stocks recover from coronavirus worries The start of this week marksRead More →
European stocks pushed higher on Friday and headed for a weekly gain after days of worries over rising coronavirus cases in parts of the world. Potential good news on the U.S.-China trade front was driving some momentum. The Stoxx Europe 600 index SXXP, +0.45% rose 0.6%, after closing down 0.7%Read More →
U.S. stock-market futures edged higher Sunday evening in thin trading, as Wall Street equities looked to add to a rally toward records for the Nasdaq Composite that concluded trade last week on the back of improving economic data in the face of a viral outbreak. How are benchmarks faring? FuturesRead More →
Bitcoin (BTC) is going into the third week of its new halving cycle just $550 away from five figures — but what could really impact price this week? Cointelegraph takes a look at the main factors that could help — or hinder — the biggest cryptocurrency over the coming days. Read More →
It’s been a strange week for BTC as we move forward in our new mining rewards era. The price ends the week down but a late rally has pushed it back over $9,000. Technical analysts expect Bitcoin to continue rising based on the liquidation range of short positions, a discussionRead More →
The breadth and intensity of this week’s coronavirus-fueled selloff in U.S. stocks has some analysts scratching their heads. Thomas Lee, founder of Fundstrat Global Advisors, may be one of the few to acknowledge that something isn’t right with a market that was just enjoying a record close days ago. “ThisRead More →
European markets fell into the red on Friday, and were headed for the worst weekly loss in months, as the U.K. reported its first cases of coronavirus and data showed softer growth in the eurozone. The Stoxx Europe 600 index SXXP, -0.62% fell 0.5% to 413.07 after closing down 1%Read More →
By Wayne Cole SYDNEY (Reuters) – Asian share markets were praying for a reprieve at the end of a punishing week as investors snatched at hopes the coronavirus could be contained, even as headlines spoke of more cases and deaths. Sentiment got a timely boost when Amazon’s sales blew pastRead More →
The Federal Reserve seems on course to disappoint financial markets at some point this year, but maybe not this week. Starting early in 2019, the Fed has consistently moved in a market-friendly direction. The central bank cut rates its benchmark interest rate three time since July and started expanding itsRead More →
A week that started with a coronavirus panic looks set to end on a high note. Earnings optimism and the fact that investors no longer seem to be panicking over the deadly China illness is helping. Wall Street has also been distracted by red-hot Tesla TSLA, +0.46% shares, up 12%Read More →
Long-dated U.S. Treasury yields edged higher Friday after the U.S. Treasury Department announced plans, as had been expected, to issue a 20-year nominal coupon bond in the first half of 2020 to finance a ballooning federal deficit that is nearing 5% of gross domestic product. However, yields have been little-changedRead More →
U.S. stock futures headed higher Friday morning, setting the three main equity gauges up for new records in just the third week of the year, after data showed China’s economic growth picked up in December, though annual growth was the weakest in about three decades. Gains have been mostly aidedRead More →
This beverage is steeped in all kinds of health benefits. Research abounds about the benefits of sipping tea, which is the most popular drink in the world, after water. Previous research has linked drinking tea with lowering blood pressure, boosting the immune system, preventing cancer and increasing longevity — particularlyRead More →
House Speaker Nancy Pelosi said Friday she will take steps next week to send articles of impeachment against President Donald Trump to the Senate after failing so far to secure any concessions on the trial procedure from Republicans. “I have asked Judiciary Committee Chairman Jerry Nadler to be prepared toRead More →
U.S. Treasury yields came off their highs to close mostly flat on Thursday after brisk bidding for a debt auction in the afternoon, a sign that investors are still hungry for bonds despite worries that this year’s strong rally across all fixed-income assets have made their valuations expensive. With EuropeanRead More →
U.S. stock indexes again set records Friday, after encouraging U.S. economic data and optimism about international trade deals helped end the decade’s last full week of trading on a high note. The benchmark S&P 500 index rose for seven of the last eight days and has now risen for fourRead More →
