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NEW YORK: A gauge of stocks across the world slipped from record highs on Friday and the dollar edged up against a basket of peers as weak economic data and underwhelming earnings drove investors to reverse some recent risky bets.
LONDON: Forget economic data releases and corporate trading statements -- vaccine rollout progress is what fund managers and analysts are watching to gauge which markets may recover quickest from the Covid-19 devastation and to guide their investment decisions.
Bitcoin steadied after earlier slumping below US$30,000 (RM121,275) on Friday in a retreat that stoked fresh questions about the sustainability of the cryptocurrency boom.
SINGAPORE (Reuters): Bitcoin fell heavily on Friday (Jan 22) and was heading toward its sharpest weekly drop since last March, as worries over its technology and regulation extended a pullback from recent record highs.
Commentators have cautioned that a sustained drop below $30,000 could presage further losses in the wake of last year’s 300% surge.
SINGAPORE (Reuters) - Bitcoin fell heavily on Friday and was heading toward its sharpest weekly drop since last March, as worries over its technology and regulation extended a pullback from recent record highs.
THE historically eye-popping equity valuations emerging from the pandemic clearly unnerve company analysts – but the macro market take on pricey stock movements appears far more zen.
NEW YORK: BlackRock Inc (pic) is adding bitcoin futures as an eligible investment to two funds, a company filing showed, in a move to bring the world of cryptocurrency to its clients.
HONG KONG (Bloomberg): Bitcoin’s torrid rally has lost some steam this week, with the cryptocurrency falling for a second straight day Thursday to slip below its 10-day moving average.
LONDON (Reuters) - A long position on bitcoin overtook "long tech" as the trade fund managers said was the most crowded in January, Bank of America's monthly fund manager survey showed on Tuesday.