china Dow Jones hong kong Market News Xi Jinping 

Dow Slithers Higher While China’s Xi Thunders Menacing Warning

The Dow slithered toward a second straight gain on Tuesday as Wall Street gambled on an economic rebound – and ignored an ominous warning from Chinese President Xi Jinping. Dow Creeps Toward Second Straight Gain Wall Street’s three major indices all opened to moderate gains. The Dow Jones Industrial Average rose 89.85 points or 0.33% to edge past the 27,000 level. At last check, the DJIA stood at 27,006.68. The Dow rose for the second straight day, brushing off Xi Jinping’s menacing warning. | Source: Yahoo Finance The S&P 500…

Read More
china Market News US Treasury Bond 

Treasury Yields Pull Back from Highs as U.S.-Sino Relations Show Signs of Imploding

U.S. government debt yields edged up slightly on Friday but were well off daily highs amid reports that the Trump administration is looking for ways to limit investment flows into Chinese equity markets. Treasury Yields Pull Back from Highs Government bond prices were mostly lower Friday, pushing yields slightly higher. The benchmark 10-year Treasury note saw its yield reach a high of 1.73%, according to CNBC data. By late afternoon, it had reversed course and was down 1 basis point at 1.684%. 10-year U.S. Treasury yield pulls back from daily…

Read More
china CSI 300 Index Dow Jones Market News 

Chinese Stocks Tumble After Disastrous Industrial Production Data –

Chinese industrial production showed renewed weakness in August. | Image: AFP / China Stocks in mainland China and Hong Kong tumbled on Monday after Beijing reported a sharper than expected slowdown in industrial production, signs that the ongoing trade war with Washington was ravaging domestic producers. Chinese Stocks Decline Mainland China’s Shanghai Shenzhen CSI 300 Index declined by as much as 0.5% at the start of the new trading week. The mainland benchmark was last down 0.1% at 3,967.72. China’s CSI 300 index opened lower on Monday. | Chart: Yahoo…

Read More
bitcoin Bitcoin Analysis Bitcoin Price News china Cryptocurrency News Donald Trump S&P 500 

Bitcoin Price Craters Below $11,000 as Trump Stuns Market

The bitcoin price careened below $11,000 after the Trump administration stunned the market by delaying new tariffs on China. | Source: REUTERS/Leah Millis/Shutterstock; Edited by CCN The bitcoin price slid below the $11,000 mark for the first time in more than a week on Tuesday, as the flagship cryptocurrency’s burgeoning inverse correlation with the S&P 500 came back to bite investors. Bitcoin Price Careens Below $11,000 Bitcoin had entered the day trading sideways in the low $11,000s, where it had more or less languished since the Saturday sell-off that followed…

Read More
china Dow Jones Trump U.S. Business News U.S. Market News U.S. Politics 

Dow Recovers but Recession Alarm Hits Crisis Levels

Dow makes a predictable recovery from Monday’s massacre but isn’t out of the woods yet. | Source: Shutterstock After the Dow shed almost 1,000 points on Monday, stock market futures point to a slight recovery on Wall Street this morning. Tuesday’s bounce, however, is tainted by the Treasury’s recession indicator which plunged to a level not seen since before the 2008 financial crisis. As the trade war between China and the US escalates, the recession alarm is screaming. The yield curve inversion hit lows not seen since 2007 on Monday….

Read More
china Cryptocurrency News Iran russia U.S. Politics venezuela 

Study Exposes How Russia, Iran, & China Are Weaponizing Crypto

It’s no secret that foes of the United States – including Venezuela, Iran, Russia, and China – are experimenting with cryptocurrency technology as they seek to render their economies immune to crippling US sanctions. However, a new study from the Foundation for Defense of Democracies (FDD) exposes the lengths to which these rogue nations are willing to go to make this a reality. “For decades, U.S. adversaries have been trying to evade and undermine this power, but there has been no way to conduct significant international commerce without moving through…

Read More
bitcoin Bitcoin Price News china Crypto u.s. 

US-China Trade War Will Escalate Bitcoin Price to $20,000: Analyst

By CCN: Bitcoin price is unlikely to hit the December 2017 highs unless the U.S.-China trade war escalates to new levels, an analyst has told Kitco News. According to DailyFX’s senior currency strategist Christopher Vecchio, bitcoin has lately been inversely correlated with the Chinese yuan. Being an effective method of moving value around the world, its price appreciated as the yuan weakened: In an environment where the global financial system looks like it is potentially at risk because of the world’s two largest economies going at odds, people may be…

Read More
Alex Krüger baidu Bitcoin Analysis china Crypto 

China’s Baidu Search Trends Collide with Bitcoin’s May Bull Run

By CCN: China may have cracked down on cryptocurrency companies, but that’s not stopping the local population from pursuing bitcoin as an investment. Economist and trader Alex Kruger did the research and found that there may be some truth to the theory that China fueled much of the gains in the BTC price last month. June hasn’t been so kind, at least so far, with the bitcoin price down more than 7% in the last 24 hours. In May, however, bitcoin was a rock star as its value expanded by…

Read More
Blockchain News china Christine Lagarde Crypto donald tapscott regulation renminbi 

China to One Day Turn RMB into a Crypto, Claims Blockchain Author

Get Exclusive Analysis and Investing Ideas of Future Assets on Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN: Perhaps no country has tried harder to snuff out bitcoin than China. After putting the kibosh on ICOs, the government banned crypto exchanges and now they’re targeting bitcoin…

Read More
china Dow Jones U.S. Market News 

What Clobbered the Stock Market Surge?

The Dow Jones fell by another 200 points on Thursday and has now deleted nearly 700 points from its remarkable 2019 recovery, all within the first week of March. More troublingly, the struggle of the Dow comes during a period in which fundamental factors including jobs growth and productivity growth remain strong while geopolitical risks have declined. The Dow has lost nearly 700 points during the first week of March. | Source: Yahoo Despite solid fundamentals, the Dow has been on a consistent decline throughout March, unable to defend the…

Read More