Daily Articles About Banks
EUR/USD drops under 1.20
The US dollar pushes higher on Thursday after a bigger than expected fall in US jobless claims. That sent gold tumbling 2% while EUR/USD fell below 1.20. The BOE made negative rates an official policy tool. Today is non-farm payrolls day.
Dow turns positive for 2020!
Good Morning. The Dow Jones industrial average briefly turned positive for the year, erasing all of its huge decline through March.
BTC new record on BNY Mellon support
Bitcoin rose back above $48,000 to a new record after Bank of New York Mellon said it will be the first bank to offer custody services to digital assets. Crude oil dropped back from recent highs while the US dollar sank for a third day.
Stocks sell-off in first day of 2021
Fresh nerves around the Georgia run-off election in America caused a sudden sell-off on Wall Street. Stock indices dropped with oil while gold rallied. Bitcoin, Ethereum and other cryptos gave back some of the weekend gains.
Rebuilding from Last Week’s Sell-Off - DAILY MARKET UPDATE
China releases economic data and today could be a big day for Brexit -but perhaps, more importantly, is how investors respond to the biggest weekly drop in stock markets since March.
The Fed Saves the Day Again with bond purchases - DAILY MARKET UPDATE
The Fed has saved the day again with once announcement that it will begin to buy individual corporate bonds – as well as corporate bonds ETFs already announced. Wall Street reversed steep losses and the dollar rolled over on the news.
