Financial market outlook “completely changed” due to rising government bond yields = BIS | Reuters

[London, 1st Reuters]–The Bank for International Settlements (BIS) released a quarterly report on the 1st that the last month’s surge in global bond markets will completely change the outlook for financial markets. He pointed out that it might be. He also mentioned that market volatility is increasing due to fluctuations in gamestop stocks by individual… Continue reading Financial market outlook “completely changed” due to rising government bond yields = BIS | Reuters

Bitcoin plunge, spill over to Tesla stocks and ETFs | Reuters

On February 23, the plunge in Bitcoin, a crypto asset (virtual currency), spilled over the stock price of Tesla, a major US electric vehicle (EV) company that announced an investment worth 1.5 billion dollars in the asset this month, and further incorporated the company’s stock Exchange Traded Funds (ETFs) also fell. The photo shows the… Continue reading Bitcoin plunge, spill over to Tesla stocks and ETFs | Reuters

The market in the Containment Zone will be closed Covid | Market | Containment Zone

New Delhi: The Ministry of Health and Family Welfare has issued new guidelines to the markets to prevent the spread of Kovid. Accordingly, the markets in the Containment Zones will be closed. Only work outside of this will be allowed. The Ministry of Health will liaise with Market Owners Associations to implement the recommendations. Market… Continue reading The market in the Containment Zone will be closed Covid | Market | Containment Zone

Manipur, Telangana, Arunachal Pradesh emerge as the new stock trading centers

The Nifty claimed 12,000 marks on the market Monday after nearly eight months. The last time it traded around these levels was in February 2020, before the national lockdown induced by Covid-19. The rally since then, experts say, has been fueled in part by retail investors who have decided to invest in stocks in hopes… Continue reading Manipur, Telangana, Arunachal Pradesh emerge as the new stock trading centers

Twitter’s Jack Dorsey reveals how and why Square invested $ 50 million in a block of nearly 5,000 bitcoins

Twitter CEO Jack Dorsey shared how and why a digital payment company Square bought 4,709 bitcoins for $ 50 million on Thursday. Dorsey was eager to share how Square’s team performed operations and revealed the process in a white paper the same day. Square’s treasury team performed an over-the-counter transaction with a bitcoin broker using… Continue reading Twitter’s Jack Dorsey reveals how and why Square invested $ 50 million in a block of nearly 5,000 bitcoins

Tweet Buster: stimulus games, IT stock valuation, other investment lessons

NEW DELHI: Hoping for a stimulus package in the US, expectations of strong Q2 numbers and FII buying – these are the ingredients behind the unstoppable equity market rally that pushed benchmark indices to reach eight-month highs. But the big question playing on everyone’s mind is whether this is the right time to book some… Continue reading Tweet Buster: stimulus games, IT stock valuation, other investment lessons

These 5 PSU bank shares are trading close to their face value. Here because

NEW DELHI: Five out of 12 public sector banks are trading close to the par value of their stock market shares regardless of a rally in equity benchmarks, according to an analysis. Shares of the state-run Indian Overseas Bank are even trading below the par value of Rs 10 per share. The stock closed on… Continue reading These 5 PSU bank shares are trading close to their face value. Here because

Twitter’s Jack Dorsey Reveals How and Why Square Invested $ 50 Million in a Block of Nearly 5,000 Bitcoins | Currency News | Financial and business news

Twitter CEO Jack Dorsey. AP Photo / Jose Luis Magana Twitter CEO Jack Dorsey shared how and why digital payments firm Square bought 4,709 bitcoins for $ 50 million on Thursday. Dorsey was eager to share how Square’s team performed operations and revealed the process in a white paper the same day. Square’s treasury team… Continue reading Twitter’s Jack Dorsey Reveals How and Why Square Invested $ 50 Million in a Block of Nearly 5,000 Bitcoins | Currency News | Financial and business news

Stock futures rise as traders wait for clues about new fiscal stimulus

People walk near the New York Stock Exchange (NYSE) in Lower Manhattan on October 2, 2020 in New York City. Spencer Platt | Getty Images U.S. stock futures rose Thursday night as Wall Street continued to seek clarity on a potential new tax aid bill. The Dow Jones Industrial Average futures rose 94 points, or… Continue reading Stock futures rise as traders wait for clues about new fiscal stimulus

Unemployment claims disappointed. Because the Dow Jones industry average is on the rise anyway.

Text size Photograph by Jeenah Moon / Bloomberg The Dow Jones Industrial Average looks set to open higher after initial jobless claims were disappointed, but the market continued to seek stimulus for further gains. Initial jobless claims fell slightly to 840,000, from 849,000 adjusted in the previous week and economists’ forecasts barely missing for 837,000.… Continue reading Unemployment claims disappointed. Because the Dow Jones industry average is on the rise anyway.