The Fed is going green, and that could mean a substantial change for the way institutions have to prepare for the unexpected.
Archiv für den Monat: November 2020
Bitcoin breaks above $16,000 for the first time since January 2018
The reason for the move wasn’t immediately clear, but it comes as a number of companies appear to be warming to crypto.
Vanguard says the median 401(k) withdrawal was $12,000 amid coronavirus
The typical 401(k) saver making a withdrawal due to the coronavirus pandemic pulled out $12,000. That’s a slight increase from earlier in the crisis.
Heads up: Fed chair Powell, ECB president Lagarde, BOE governor Bailey all due to speak later today
They will be making an appearance in a panel discussion at the ECB forum on central banking at 1645 GMT
session
You can watch the event live here later in the day:
session
You can watch the event live here later in the day:
When there isn’t much clarity, the market looks to be sticking to what it knows best
And that is to run to the shelter of tech stocks again
Nasdaq futures are racing higher now after earlier losses and leaving behind other less heavy tech indices such as those in Europe and Dow futures as well. S&P 500 futures are somewhat in between that, trimming losses to 0.1%.
Nasdaq futures are racing higher now after earlier losses and leaving behind other less heavy tech indices such as those in Europe and Dow futures as well. S&P 500 futures are somewhat in between that, trimming losses to 0.1%.
Major currencies trade little changed so far, equities slightly lower on the session
The euro has recovered off its lows after a shaky start earlier
The pound is the weakest performer but cable is off its lows from 1.3161 earlier to near 1.3200 now with AUD/USD also bouncing off some minor support from 0.7250 to 0.7280.
The pound is the weakest performer but cable is off its lows from 1.3161 earlier to near 1.3200 now with AUD/USD also bouncing off some minor support from 0.7250 to 0.7280.
UK’s Gove: We have shown a great degree of flexibility in Brexit negotiations
Gove stresses that the transition period will end on 31 December this year
It is hard to believe that as Brexit negotiations are supposedly coming down to the wire, we’re still continuing to hear more shop talk more than anything else. This continues to allude to the fact that talks in London this week aren’t any
It is hard to believe that as Brexit negotiations are supposedly coming down to the wire, we’re still continuing to hear more shop talk more than anything else. This continues to allude to the fact that talks in London this week aren’t any
ECB’s de Guindos: It is important that fiscal support is maintained in the coming months
Adds that fiscal support should even be scaled up in some areas
Expect to hear more of this from the ECB in the coming weeks as they will try to rally for support from governments to bolster their December easing measures.
Expect to hear more of this from the ECB in the coming weeks as they will try to rally for support from governments to bolster their December easing measures.
Größer und leistungsfähiger: Tesla plant Batterieproduktion in Grünheide mit neuer Technologie
Der US-Elektroautohersteller will in seinem neuen Werk eine neue Technologie einsetzen – um seine Batterien effizienter und günstiger zu machen.Rohstoffgewinnung für Batterieproduktion: Daimler plant Industriestandard für Umweltschutz und Menschenrechte
Kobalt und Lithium sind für E-Autos unverzichtbar. Doch der Abbau der Rohstoffe ist oft schlecht für Mensch und Umwelt. Dagegen will Daimler vorgehen.