Cambridge University research shows China accounted for less than half of the power used to mine bitcoin in April, down sharply from 75.5% in September 2019.
Archiv für den Monat: Juli 2021
Stocks making the biggest moves premarket: Morgan Stanley, AIG, AMC, UnitedHealth and others
These are the stocks posting the largest moves before the bell.
Morgan Stanley earnings beat estimates as stock trading and investment banking top expectations
Morgan Stanley’s equities trading produced $2.83 billion in revenue, more than $400 million over what analysts had expected.
Digital bank Revolut valued at $33 billion in funding round led by SoftBank and Tiger Global
British fintech firm Revolut said it has raised $800 million in a new funding round led by SoftBank and Tiger Global.
Morgan Stanley earnings beat estimates as stock trading and investment banking top expectations
Morgan Stanley’s equities trading produced $2.83 billion in revenue, more than $400 million over what analysts had expected.
EUR Q3 Fundamental Forecast: ECB Review May Lead to Euro Weakness
As predicted at the end of March in the second quarter forecast, EUR/USD rallied strongly in Q2, rising from a low of 1.1704 on March 31 to a high of 1.2266 on May 25 before dropping back.
Equities Q3 Fundamental Forecast: Stocks to Enjoy Continued Economic Recovery, Seasonality a Concern
The Dow Jones, S&P 500 and Nasdaq 100 entered the third quarter on the back of yet another strong showing in the post-pandemic era as stocks continued to climb across all sectors.
Yen Q3 Fundamental Forecast: Road Ahead Remains Tough
The road ahead for the Japanese Yen in the third quarter remains tough, with USD/JPY perhaps looking to rise amid a less-dovish Federal Reserve amid persistent inflationary pressures.
OPEC says world oil demand to reach ‚comparable pre-pandemic levels‘ in 2022
OPEC comments in its latest monthly report
If anything, the headline is what stands out and that just means that they will be pushing ahead with easing output cuts in the months ahead. That also reaffirms the more bullish outlook in the oil market going into next year.
If anything, the headline is what stands out and that just means that they will be pushing ahead with easing output cuts in the months ahead. That also reaffirms the more bullish outlook in the oil market going into next year.
Commodity currencies slump to fresh lows on the day as the dollar catches a bid
The dollar is picking up some momentum ahead of North American trading
Fresh lows for commodity currencies, in particular the antipodeans as the dollar is seeing a bid going into US trading today.
Fresh lows for commodity currencies, in particular the antipodeans as the dollar is seeing a bid going into US trading today.