[ad_2][ad_1] US equities peaked after flash PMI readings showed the recovery gained further momentum as hiring rose to all-time highs, dampening the prospects for significant fiscal support from Congress. Commercial activity remained strong as news business growth rose to a 30-month high. Domestic demand is driving the recovery and this …
Read More »Oil up, stocks hit records as US political uncertainty eases
[ad_2][ad_1] NEW YORK (Reuters) – Shares closed at record highs on Tuesday, while bitcoin and oil prices also rose as political uncertainty eased after US President-elect Joe Biden got formal green light to begin his transition to the White House. Unless he spelled out his defeat after repeated false claims …
Read More »US Media Reveals Trump’s Three “Future Plans” That Biden Names Assistant Brinken as Secretary of State
[ad_1] US Media Reveals Trump’s Three “Future Plans” Biden Will Appoint Assistant Blincol Secretary of StateCICC online News: Biden intends to appoint Blincol as Secretary of StateLianhe Zaobao View the full report on Google News . [ad_2] Source link
Read More »The world’s largest asset manager, BlackRock, says Bitcoin will outpace gold
[ad_2][ad_1] Institutional investors are largely responsible for the massive bullish trend that is currently unfolding in the cryptocurrency market. Coinbase’s head of institutional coverage Brett Tejpaul revealed in his latest interview with Heidrick & Struggles via the Youtube channel that institutional investor interest in buying has grown more than when …
Read More »Blackrock CIO: Cryptocurrency is here to stay, Bitcoin could replace gold
[ad_2][ad_1] Blackrock Chief Investment Officer Rick Rieder said cryptocurrency, including bitcoin, “is here to stay”. Furthermore, he said bitcoin is a durable mechanism that could replace gold. Blackrock on Bitcoin and Gold Rick Rieder, Chief Investment Officer (CIO) of Blackrock’s Global Fixed Income, talked about bitcoin replacing gold in an …
Read More »Germany’s largest bank says more people now prefer Bitcoin to gold
[ad_2][ad_1] Nigeria, the largest economy in Africa, has not been able to efficiently tackle its rising unemployment rate – a time bomb if not dealt with quickly. In 2020, the frontier market has seen an increase in its unemployment rate, due to an ever-growing dependent population, the reduction in total …
Read More »Featured of the week | The events not to be missed in the market this week
[ad_1] Featured of the week | The most noteworthy N events in the market this week_ 金 市 LiveCICC online Gold Trade Reminder: A New Single Day High of the US Outbreak! Fed Refuses to Increase Monetary Stimulus and Continued Selling of Gold ETFs Raises Concern_ Foreign Exchange NewsHuitong View …
Read More »‘First inning of Bitcoin’: Some investors see cryptocurrency replacing gold in their wallets
[ad_2][ad_1] The content of the article continued The Grayscale fund, which has nearly $ 9 billion in assets under management, highlights how it has become easier for money managers to gain exposure to Bitcoin. On the Chicago Mercantile Exchange, another traditional venue, the number of open Bitcoin futures and options …
Read More »Bitcoin soars again after BlackRock said it could replace gold
[ad_2][ad_1] Bitcoin prices rose 4% on Friday to over $ 18,700 – slowly approaching the all-time high of just under $ 20,000 since December 2017 – after that Black rock (BLK)Fixed income chief investment officer Rick Rieder said in an interview with CNBC that bitcoin is here to stay. “Do …
Read More »BlackRock’s Chief Investment Officer says Bitcoin could replace gold to a large extent
[ad_2][ad_1] Tip Ranks Billionaire Ken Griffin Bets On These 3 “Strong Buy” Shares Shares have risen since late October, buoyed by an election that could offer stability and news that effective vaccines for the novel coronavirus are closer than we dared to think. Rapid changes in the market are enough …
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