Tag Archives: rebounds

Bitcoin Rebounds, Rises 18% To $11,749

On Wednesday, bitcoin lost over half its peak value as it dropped to $9,850 After posting considerable losses for the two consecutive days, bitcoin (BTC) rebounded to reclaim $11,000 on Thursday. At 8.00 pm, the bitcoin prices trade at $11,749 on the CoinMarketCap. On Wednesday, bitcoin lost over half its peak value (attained exactly a month ago) when it dropped ... Read More »

Asia Stocks Gain As North Korea Missile Test Fears Recede, Dollar Rebounds

Singapore: The dollar rebounded from a 2-1/2-year low on Wednesday, and Asian stocks took their cue from Wall Street’s higher close, as concerns about North Korea’s firing of a missile over Japan ebbed. The dollar index, which tracks the greenback against a basket of six major peers, edged up 0.1 percent to 92.317. The dollar rose 0.1 percent to 109.8 ... Read More »

Sensex Rebounds 235 Points, DLF Surges 16%

  The BSE Sensex and Nifty rebounded sharply on Monday, snapping a five-session selloff. The Sensex ended 235 points higher at 31,449 while Nifty settled at 9,794, up  83 points. Midcap and smallcap stocks which had seen sharper losses in the recent selloff bounced back strongly. The BSE midcap and smallcap indices on the BSE surged nearly 2.5 per cent. ... Read More »

Australia economy back in the groove as full-time work rebounds

Australia’s labor market strengthened for a fourth month in June led by a remarkable comeback in full-time jobs — an upbeat outcome that could bring nearer the day when the country’s central bank starts considering a rate hike. The data will offer much-needed relief to the Reserve Bank of Australia (RBA) which has been fretting over a “mixed” jobs performance while ... Read More »

Wall Street higher as manufacturing activity rebounds

Wall Street was slightly higher in choppy trading on Thursday morning as data showed an uptick in US manufacturing activity, but gains were limited by a drop in oil prices. Orders for durable goods rose 4.9 per cent in January, beating the 2.5 per cent estimated, as demand picked up across the board. Crude prices, the major stock market driver ... Read More »