Dollar holds gains after Fed expresses virus concerns
Demand for the dollar index has risen as investors uncertain about the impact of the outbreak have sought out safe-haven assets. In the last two weeks, the index has...
Stocks down, safe havens up on China virus worries
The MSCI world equity index .MIWD00000PUS, which tracks shares in 49 countries, fell 0.5% as European shares followed Asian indexes into the red, stoking demand for the perceived security...
OPEC aims to extend oil output cuts through June, alarmed by China virus
The quick slide in oil prices over the past few days has alarmed OPEC officials, the sources say, as the new virus found in China and several other countries...
Bitcoin Cash Escapes Hash War Over Mining Tax Grenade
The proposed Bitcoin Cash (BCH) tax levy on miners could now be dead in the water.
Bitcoin.com – one of the five mining pools backing the plan –...
Stock futures tumble on fears of financial hit from China virus
U.S. stock index futures fell sharply on growing concerns about the financial fallout of a fast-spreading coronavirus outbreak in China as the country extended the Lunar New Year holidays...
Dollar dips vs yen as investors reach for safe havens on virus scare
The U.S. dollar slipped against the safe-haven Japanese yen on Friday as investors fretted over concerns that a spreading virus from China would curb travel and hurt economic demand....
Oil drops below $60 as China virus drives demand concern
Crude prices extended declines on Monday, dropping below $60 for the first time in nearly three months as the death toll from China’s coronavirus rose and more businesses were...
Global stocks keep bleeding on China virus fears
Global stocks keep nursing losses, as widening concerns over a China virus continue to dent risk appetite. As such, after a decent decline in Asia, European shares...
Europe closes higher as China’s GDP grows as expected; Stoxx 600 hit records high
European stocks closed higher on Friday after data showed China’s economy grew in line with expectations in 2019, lifting global markets.
The pan-European Stoxx 600 closed...
Surging Swiss franc may have become a gold proxy, Goldman Sachs says
The Swiss franc, which has been in a steep incline against the dollar of late, may be being used as a proxy for gold, according to Goldman Sachs.
