SINGAPORE — Shares in Asia-Pacific fell on Monday as investors watched for market reaction to Chinese trade data that came in better-than-expected. In Japan, the Nikkei 225 fell 2.35%, leading losses among the region’s major markets as...
The dollar began the week on a strong footing, buttressed by sharply rising U.S. yields and by investors’ tilt toward safety as lockdowns in China, war on the edge of Europe and fear about higher interest rates sent a nervous jolt...
Crypto prices continued to drop this weekend, wiping over $200 billion off the total market cap in just a few days. The crypto market initially made a surprise rally in response to what was the Fed's biggest rate hike since 2000....
Bitcoin continued to slide after a broader stock sell-off in the U.S. last week sent the cryptocurrency market into a frenzy and prompted bitcoin to plummet by roughly 10%. Bitcoin, the world’s largest digital currency by market...
Stocks lost ground in choppy trading on Friday as investors struggled to find a floor after a dramatic week that saw the Dow Jones Industrial Average post both its best and worst days since 2020. The S&P 500 shed 0.57% to close at 4,123.34, while the Nasdaq Composite fell 1.40%...
The Organisation of Petroleum Exporting Countries and its partners in OPEC+ led by Russia decided this week they would not increase their target production figure for next month. Effectively, OPEC+ slapped the EU in the face, as this decision means no additional oil is coming to Europe to replace...
Bitcoin continued its slide this week, falling losing nearly 9% on Thursday and Friday amid a broader selloff in financial markets. The cryptocurrency traded Friday at just under $36,000 and is down 18% over the last month, according to Coinbase. Other major digital currencies have also pulled back sharply. Here's what...
Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra down at least $250 million in crunch Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling the $36,000 mark overnight after losing 12% in just 72 hours. Still near its lowest...
The Fed may no longer be a friend of investors, pros say, and that could be a major headwind to stocks in the near-term. "What’s dangerous about yesterday’s huge market slump is that there must be an...
Stock markets are set for more heavy selling this summer as central banks around the world ramp up interest rates to try to combat spiraling inflation, according to one economist. Brunello Rosa, who is CEO and head...
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