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Asian markets mixed, with rates set to go higher | Borneo Bulletin Online

Asian markets mixed, with rates set to go higher | Borneo Bulletin Online
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Cryptocurrencies fall amid concern over regulatory crackdown

Bitcoin, the largest digital coin by market value, fell as much as 4.9%, its worst performance since the end of January.

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Flight Centre and Macquarie Group higher as ASX opens in the green

Flight Centre and Macquarie Group higher as ASX opens in the green
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ASX to drop, Macquarie and Suncorp on reporting calendar

Australian shares are set to open little changed as Wall Street turned mixed before a big week for earnings.

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Bitcoin Price Falls Below $48,000 as It Struggles to Recover from Accelerated Losses

Bitcoin Price Falls Below $48,000 as It Struggles to Recover from Accelerated Losses
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Shutdown Angst Clouds Markets Again With Covid Cases on the Rise


Jul 20 2021, 8:43 AM
July 19 2021, 9:54 PM
July 20 2021, 8:43 AM
(Bloomberg) -- Los Angeles has reinstated indoor mask requirements. Sydney has tightened lockdown measures. Athletes in Japan for the Olympics are testing positive for Covid-19.
(Bloomberg) -- Los Angeles has reinstated indoor mask requirements. Sydney has tightened lockdown measures. Athletes in Japan for the Olympics are testing positive for Covid-19.
On Monday, many got a jarring reminder that the coronavirus pandemic hasn’t gone away, with anxious investors worried the resurgences could erode economic growth and reverse a rally in equities that had reached record highs as recently as last week.
“The rise in the variant, the ‘Oh my gosh, are we going to get shut down? And then even if we don’t get shut down, is growth going to slow?’” are thoughts driving the selloff, said Kim Forrest, founder and chief investment officer at Bokeh Capital Partners.

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Bitcoin is facing a make-or-break moment

Bitcoin is facing a make-or-break moment
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Bitcoin is facing a make-or-break moment: technical analysis

Bitcoin is facing a make-or-break moment: technical analysis
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Bitcoin is facing a make-or-break moment, technicals show

Bitcoin is facing a make-or-break moment, technicals show
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U.S. equities mixed with earnings, Fed in focus - Article


U.S. stocks fell, while Treasuries rose after the Federal Reserve maintained its support for the economy.
Policy makers strengthened their view of the economy and said that recent increases in inflation looked “transitory,” reassuring investors that the central bank is in no hurry to tap the brakes on growth. The dollar was lower, the 10-year Treasury rate was at 1.61 per cent and gold was little changed.
“No news is good news as far as the market is concerned because it means the Fed will remain accomodative for the near future,” said Ellen Hazen, portfolio manager and principal at F.L.Putnam Wealth Management. “This is a Goldilocks Fed. It is exactly what the equity markets are looking for.”

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