On Monday, world shares paused for assessing a record-breaking month, as concerns about the coronavirus pandemic were eclipsed by additional stimulus from central banks and the prospect of economic recovery next year,…
Month: November 2020
Stack Funds Calls BTC Correction a ‘Healthy Pullback’
Crypto index fund provider, Stack Funds has already gone ahead and referred to the recent pullback in the Bitcoin market as a ‘healthy’ correction and claimed that it was needed before the…
European Stock Futures Edge Higher
On Friday, the European stock markets ended the week on a cautious note, due to concerns over the highly-anticipated COVID-19 vaccine, even though the tone did receive a boost from the strong…
World Shares Near All-Time Highs, US Markets Close for Thanksgiving
On Thursday, European shares were mixed and world shares were close to all-time highs, after a strong session in the Asian market in which worsening US data was outweighed by the market…
Stocks Hit Record High as Vaccines and Biden Transition Brighten Outlook
On Wednesday, global shares hit record highs after the Dow Jones reached 30,000, as investors were relieved at the possibility of a smooth transition of power after the presidential elections and confident…
Vaccine Hope and Biden Transition Drive Up Stocks, Bitcoin and Oil
On Tuesday, oil, stocks and risk currencies, which included Bitcoin, all saw gains as the formal go-ahead was given to President-elect Joe Biden to start his transition to the White House. There…
Vaccine News Keeps Dollar Down, Kiwi and Aussie Strengthen
On Monday, the riskier currencies saw a boost after progress towards a coronavirus rollout was made, but it kept the US dollar on its existing downward trend. On Monday, it was announced…
Bitcoin Google Searches Surpass 2017 Bull Run
Currently, Bitcoin is on a trajectory that could enable it to surpass the highs it had reached in the bull market of 2017. With nearly every metric going up, it appears that…
Turkish Lira Eyeing Second Week of Gains, EMEA Stocks Rise
On Friday, the Turkish Lira slowed down but was still on the path towards its second straight week of gains after the central bank vowed to take a tough stance on inflation…
World Stocks Slip from Highs, Oil Prices Down Due to COVID
On Thursday, oil prices fell and world stocks slipped for the third day in a row, tracking overnight weakness in Wall Street and Asia, as market sentiment was weighed down by widening…