Geopolitical risks and an uncooperative Fed could trigger a short-term relapse in stock prices. | Image: Shutterstock The U.S. stock market, as seen in the performance of the Dow Jones throughout September, had been on an upward trajectory amidst growing optimism over a potential deal with China and the easing of monetary policies in major […]
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China, whose economy has been on a decline in recent months, could prevent the U.S. stock market and Dow Jones from a larger pullback. | Credit: AFP On Sept. 16, the U.S. stock market plunged following an abrupt increase in the oil price, sending the Dow Jones down by more than 140 points in a […]
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China’s unexpected love affair with the iPhone 11 could send Apple stock to new highs, lingering trade war concerns or not. | Source: Justin Sullivan/Getty Images/AFP Analysts have expressed concerns towards declining sales of Apple products since early 2019, particularly after AAPL’s $44 billion sell-off last month. Its flagship iPhone 11, however, is selling unexpectedly […]
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Bitcoin’s hash-rate is 8x higher from late 2017 when the cryptocurrency hit an all-time high. | Source: Shutterstock The hash rate of the Bitcoin network (BTC), which represents the amount of computing power securing the blockchain protocol, has increased by around eight-fold since hitting its record high at $20,000 in 2017. According to data provided […]
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President Donald Trump is reportedly considering an ‘interim’ trade deal with China. | Source: AP Photo/Susan Walsh The Dow Futures indicate a powerful opening for the Dow Jones with a 74-point increase as U.S. President Donald Trump said he would consider establishing a partial trade deal with China. Prior to his visit to a congressional […]
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President Donald Trump’s unexpected delay of tariffs on Chinese goods is encouraging investors. | Source: AP Photo/Evan Vucci Major stock market indices saw a large spike in aftermarket futures trading with the S&P, Nasdaq, and others indicating a solid opening following a move by U.S. President Donald Trump to delay tariffs. As U.S. stock market […]
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Renewed optimism in a trade breakthrough between China and the United States is having a telling effect on markets, | Source: 2019. REUTERS/Brendan McDermid According to pre-market data, the Dow Jones is expected to open with a 41-point surge as Dow Futures indicate a 63-point climb, contributing to overall global stock market recovery. The Dow […]
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Bitcoin and the wider crypto market are taking an absolute beating on Thursday. | Source: Shutterstock Following an abrupt drop from $10,277 to $9,700 in the bitcoin price on August 28, the dominant crypto asset has continued to demonstrate weakness in its short term trend. The bitcoin price has dropped by more than $1,000 in […]
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Bitcoin and the wider crypto market are taking an absolute beating on Thursday. | Source: Shutterstock Following an abrupt drop from $10,277 to $9,700 in the bitcoin price on August 28, the dominant crypto asset has continued to demonstrate weakness in its short term trend. The bitcoin price has dropped by more than $1,000 in […]
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By CCN Markets: Year-to-date, litecoin price has increased by 357 percent against the U.S. dollar, outperforming every top ten crypto asset in the global market including bitcoin, Ethereum, and EOS. The litecoin price has increased by another eight percent in the past 24 hours (coinmarketcap.com) The consistent increase in the value of the crypto asset […]
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