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Some Investors Sense Buying Opportunity in Russia-U S Détente
themoscowtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themoscowtimes.com Daily Mail and Mail on Sunday newspapers.
Crypto Long & Short: Traditional and Crypto Markets are Starting to Converge
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DUBAI/LONDON (Jan 7): An insurrection in the home of American democracy just became the latest shock that’s failed to derail the global bull market.
The armed attack on the seat of government unprecedented in modern history is leaving nary a dent in most assets, underscoring both conviction in reflation trades after the Georgia runoff and the privileged position of the US in global finance.
As hundreds stormed the Capitol building Wednesday amid smoke bombs, forcing legislators to cower for safety, the S&P 500 moderated from the highs. Even still, the Dow Jones Industrial Average closed at a record and the Russell 2000 Index surged almost 4% for the day.
Bitcoin s biggest fans are hedge fund baby boomers
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Dec 17 2020, 6:03 PM
December 16 2020, 9:24 PM
December 17 2020, 6:03 PM
(Bloomberg) Traders in Vietnamese assets arenât likely to be ruffled by the U.S. Treasuryâs move to designate the Asian nation a currency manipulator.
(Bloomberg) Traders in Vietnamese assets arenât likely to be ruffled by the U.S. Treasuryâs move to designate the Asian nation a currency manipulator.
The Vietnamese dong traded little changed at 23,124 per dollar as of 10:56 a.m. in Hanoi on Thursday after the Trump administrationâs final foreign-exchange policy report. The benchmark stock index pared its loss to 0.5% after falling more than 1% earlier.
While the designation can escalate trade tension, President-elect Joe Biden may join the Trans-Pacific Partnership, making it less likely that he will raise tariffs in Vietnam, said James Bannan, a fund manager at Coeli Asset Management, which oversees about $400 million of frontier-market investments.