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Weak economic data send world stocks tumbling

4 days ago DieselGasoil Comments Off on Weak economic data send world stocks tumbling
LONDON (Reuters) – Stocks worldwide tumbled on Friday after weak economic data from China and Europe fanned concerns of a global economic slowdown and left investors fretting over the wider impact of a still-unresolved Sino-U.S. trade dispute. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Read More

World stocks tumble on weak economic data from China and Europe

4 days ago DieselGasoil Comments Off on World stocks tumble on weak economic data from China and Europe
LONDON (Reuters) – Stocks worldwide tumbled on Friday after weak economic data from China and Europe fanned concerns of a global economic slowdown and left investors fretting over the wider impact of a still-unresolved Sino-U.S. trade dispute. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Read More

Asian shares jolted by grim Chinese data, growth risks

5 days ago DieselGasoil Comments Off on Asian shares jolted by grim Chinese data, growth risks
TOKYO (Reuters) – Asian shares tumbled on Friday after China reported a set of weak data, fanning fresh worries of a slowdown in the world’s second-biggest economy and leaving investors fretting over the wider impact of a yet unresolved Sino-U.S. trade dispute. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Read More

Global stocks stage rebound after selloff, U.S. jobs data awaited

2 weeks ago DieselGasoil Comments Off on Global stocks stage rebound after selloff, U.S. jobs data awaited
LONDON (Reuters) – Global stocks staged a modest rebound on Friday with Asian and European markets gaining after a selloff the previous day, while crude oil edged up after indications Russia would contribute a bigger output cut than previously suggested to producers. The pan-European STOXX 600 index was up 1.1 percent by 1222 GMT, after Read More

Bitcoin crashes to new 2018 low as crypto market continues nosedive

2 weeks ago DieselGasoil Comments Off on Bitcoin crashes to new 2018 low as crypto market continues nosedive
Bitcoin plunged more than 12 percent on Friday, falling below $3,400, its lowest point in over a year. The world’s most popular cryptocurrency is worth six times less than it was last December, when it traded at $20,000. Bitcoin traded at around $3,389 as of 9:30am GMT on Friday, falling around 12.2 percent in one Read More

Asia shares struggle to rally, oil skids further

2 weeks ago DieselGasoil Comments Off on Asia shares struggle to rally, oil skids further
SYDNEY (Reuters) – Asian shares fought to sustain the slimmest of recoveries on Friday amid speculation the Federal Reserve might be “one-and-done” with U.S. rate hikes, while oil fell anew as producers bickered over the details of an output cut. A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan, Read More

Battered Asia shares try to rally on talk of Fed pause

2 weeks ago DieselGasoil Comments Off on Battered Asia shares try to rally on talk of Fed pause
SYDNEY (Reuters) – Asian share markets tried to find their footing on Friday as speculation the Federal Reserve might be “one-and-done” with U.S. rate hikes helped salve some wounds after a punishing week. Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Kato MSCI’s broadest index of Asia-Pacific Read More

Massive solar flare to bring chaos, inflict $2 trillion in damage – bank's 'outrageous' prediction

2 weeks ago DieselGasoil Comments Off on Massive solar flare to bring chaos, inflict $2 trillion in damage – bank's 'outrageous' prediction
Danish Saxo Bank, famous for making ‘outrageous’ predictions published each December, and not meant to be taken seriously, has once again astonished humanity with its annual forecast. According to the Copenhagen-based financial institution, the upcoming year is set to be marked with X-Class solar flare that will evoke absolute chaos across the globe. “In 2019, Read More

Bitcoin mining rig maker holds fire sale after cryptocurrency crash

2 weeks ago DieselGasoil Comments Off on Bitcoin mining rig maker holds fire sale after cryptocurrency crash
The world’s second largest bitcoin mining hardware maker has held a flash sale of its products to “celebrate” the recent crash of the most popular cryptocurrency, while minor players are being squeezed from the market. The belated Black Friday was announced by Chinese company Canaan Creative, which was behind the first bitcoin mining ASICs, last Read More

Bitcoin falls over 7 percent, heads towards one-year low

3 weeks ago DieselGasoil Comments Off on Bitcoin falls over 7 percent, heads towards one-year low
Bitcoins are seen in this illustration picture taken September 27, 2017. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) – Bitcoin fell as much as 7 percent on Friday BTC=BTSP, heading towards a recent one-year low in a broad-based selloff in cryptocurrencies. The world’s biggest and best-known cryptocurrency fell to $3,920.35 in late morning trade, heading towards a September Read More