According to data released by the China Federation of Logistics and Purchasing (CFLP), the Manufacturing PMI stood at 50.9, signaling an expansion of the sector.
U.S. Stock Indices S&P 500, NASDAQ Reach All-Time Highs; Gold Drops to 2-Month Low; FOMC Waller Downplays 2022 Rate Hike.
Bitcoin has been suffering from volatility mainly because the markets have been sending confusing signals regarding the adoption process of this cryptocurrency as a medium of exchange.
U.S. Stock Indices S&P 500, NASDAQ Reach All-Time Highs; WTI Crude Oil Drops; Cryptocurrencies Recover.
According to recent forecasts, the effects of COVID-19 on the Australian government’s budget may last for the next 40 years.
S&P 500 Futures Trading at Record High, NASDAQ US Tech Strong; WTI Crude Oil Futures at 2-Year High.
The Federal Reserve's surprise policy announcement of last week is still giving FX traders reason for concern.
Bitcoin gained 3.53% against the US dollar yesterday, gaining ground for the second consecutive day and closing the session at the 33,703.0 level.
S&P 500 Futures Trading Near Record High; WTI Crude Oil Breaches $74; Cryptocurrencies Falling Again.
Sterling's positive momentum continues to gain speed with the currency touching a 2½-month peak against the euro.
The Bank of Japan released its monetary policy minutes recently, which stated that the Bank's board members think that massive global stimulus measures will aid the recovery of the local economy.
S&P 500 Futures Trading Near Record High; Bitcoin Recovers After Breaching $30k.
As the entire crypto sector’s market cap continues to plummet, the two major cryptocurrencies Bitcoin and Ethereum are poised to crash through major support levels, which is likely to lead to another sharp drop of up to 50%.
Volatility is the order of the day within the stock markets today as the Dow Jones Industrial Average begins a sudden recovery from what is being heralded as its worst week since October last year.
Federal Reserve Bank of New York President John Williams commented recently that the United States economy is not yet ready for the Fed to change its loose monetary policy stance, despite the economic outlook improving significantly due to COVID-19 containment efforts.