8.02 - things you need to know today
- Mark Densel
- English
- MARKETS NEWS
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Yuan is going lower, oil crudes are losing price and Russian gas has lost one of the buyers – things you need to know this trading day.
Yuan is going lower, oil crudes are losing price and Russian gas has lost one of the buyers – things you need to know this trading day.
Today seems to be much better for the markets as the dollar is seeing recovery and tries to knock down the basket of six major currencies. Musks's Boring Company has made a lot of noise for a good reason and Asia is trying to recover after the fall.
On February, 6 the markets are experiencinf panick - stock are not doing well and oil crude is over-supplied which leads to the price losing mishaps. Tha day is also bad for crytpo traders, as Bitcoin is back to November price, after almost hitting $20.000 per coin.
The beginning of trading weel is not brining good results for the greemback and the prices for oil are slipping as well. Gold, on the other hand is doing good.
At the end of the working week, Bitcoin jas lost around 60% of its peaking value, but those, who watch for WTI are seeing good results; Asia is influemcing yields for a selloff.
The beginning of February is marked by Facebook's ban of crypto advertisement and the rise of Asian stocks.
This is a very rare - it is now running live on facebook - once in 150 years it's called Blood Moon
After a good start of the week, dollar has once again failed the expectations for growth while Euro and pound were gaining more value. Germany is in strikes and crypto traders will remember the beginning of the year as the worst time since 2013.