Frankfurt – 04/01/2021 New Year, New High The new year started almost as the old one ended: with multiple new all-time highs. No matter if we talk about NASDAQ or Bitcoin, many assets rallied to ever new highs not only yesterday, but within the past couple of days as, for example, cryptocurrencies also trade on weekends. However, fear of a …
from Engine Forex https://engineforex.com/markets-update-monday-04-01-2021-new-year-new-high/
via https://engineforex.com
You could literally feel it: Bitcoin has been gathering more and more strength over the past few days, preparing for its big breakthrough. Today it finally happened, Bitcoin broke through the $20,000 mark and is now unstoppable, even from a chart technical perspective. With this breakthrough, BTC clearly surpassed the previous record, which was marked this November at $19,700. Trade …
from Engine Forex https://engineforex.com/bitcoin-breaks-the-20000-sound-barrier/
via https://engineforex.com
Frankfurt – 17/12/2020 Christmas Rally Above all, the expectation of a new economic stimulus package worth around 900 billion US dollars from the US government seemed to have been the main driver of the price gains today. Right now, Republicans and Democrats in Congress are moving ever closer together. However, one must continue to pay attention to the situation, because …
from Engine Forex https://engineforex.com/markets-update-thursday-17-12-2020-christmas-rally/
via https://engineforex.com
Frankfurt – 16/12/2020 Crypto-Bull-Run-Time! In the afternoon, Bitcoin finally broke through the $20,000 sound-barrier after re-testing its previous all-time high of $19,700 multiple times throughout the past few weeks. Now, things are looking up for all of the crypto-verse, since all signals point towards a massive bull run for the entire digital assets space. As expected, most altcoins followed Bitcoin’s …
from Engine Forex https://engineforex.com/markets-update-wednesday-16-12-2020-crypto-bull-run-time/
via https://engineforex.com
Frankfurt – 15/12/2020 Emergency Acceptance Optimism is increasingly taking hold on Wall Street after the largest vaccination campaign in US history began. Also, the chances of a further US aid package are rising again. Investors are also encouraged by the prospect of EU-wide approval for a first Corona vaccine before Christmas. The European Medicines Agency (EMA) has now given in …
from Engine Forex https://engineforex.com/markets-update-tuesday-15-12-2020-emergency-acceptance/
via https://engineforex.com
Frankfurt – 14/12/2020 Upside-down World The world and its governments are closing down, and stock prices are rising. The stock markets continue to celebrate the future – a future that stands on very shaky legs, fueled by an enormous flood of money that someone will have to balance out at one point, vaccination hopes and the topic of Brexit that …
from Engine Forex https://engineforex.com/markets-update-monday-14-12-2020-upside-down-world/
via https://engineforex.com
Frankfurt – 10/12/2020 “Mo’ Moooneeey!” It was worth the wait – was it? Much of what the ECB decided today was expected by most market observers. Moreover, doubts about the usefulness of the measures are growing. Although the ECB announced further monetary policy relief as announced, including the extension of the emergency bond purchase program PEPP by 500 billion euros …
from Engine Forex https://engineforex.com/markets-update-thursday-10-12-2020-mo-moooneeey/
via https://engineforex.com
Frankfurt – 09/12/2020 Fear of Heights Since the beginning of November, the US stock markets have been on a sensational rally. The Dow Jones Industrial rose by about 14 per cent, but it was mainly tech stocks on the NASDAQ that caused a sensation. Since the start of the year, the Nasdaq has gained around 45 per cent, leaving the …
from Engine Forex https://engineforex.com/markets-update-wednesday-09-12-2020-fear-of-heights/
via https://engineforex.com
Frankfurt – 08/12/2020 Recordvirus While in most other parts of the world investors and stock market participants have been somewhat cautious lately, the record-rally on Wall Street continues. The apparent reason for the never-ending course fireworks is the corona vaccine hopes, coupled with additional hoped-for aid money from central banks and governments. That with all these hopes the actual situation …
from Engine Forex https://engineforex.com/markets-update-tuesday-08-12-2020-recordvirus/
via https://engineforex.com
Frankfurt – 07/12/2020 ProTECHtion The corona crisis and the government imposed restrictions continue to dominate among numerous concerns and are causing investor caution – except on the NASDAQ. There, the tech-bulls were once again chasing new records today. And, of course, another darling that’s still on our minds: the ongoing Brexit drama. This little puppy was to blame today, that …
from Engine Forex https://engineforex.com/markets-update-monday-07-12-2020-protechtion/
via https://engineforex.com
Engine Forex 