Cryptocurrencies continue to show gains
The positive momentum in crypto markets continued over the past 24 hours, as 19 of the top 20 cryptos registered gains. At the time of writing, Bitcoin was up more than 1%, climbing above the $3,900 mark. Of the top 10 cryptos, Binance Coin showed the largest gains, climbing more than 12% to become the 7th largest crypto by market cap.
Today’s highlights: Global markets mostly lower
- Wall Street closes lower: The DJ30, NSDQ100 and SPX500 all closed in the red yesterday, posting their 3rd consecutive negative session, as markets await a resolution to the ongoing US-China trade war. After showing solid performance in Q4 of 2018 American fashion brand Abercrombie & Fitch skyrocketed more than 20% to reach its highest levels since August of last year.
- ECB rate decision coming today: The European Central Bank will be announcing its rate decision today at 12:45 GMT, followed by a press conference with ECB President Mario Draghi at 13:30 GMT. Both the announcement and Draghi’s words could generate volatility for the Euro and other key European financial instruments.
Stocks earnings releases on 07/03/2019
Stocks earnings releases on 08/03/2019
Earnings season continues: To follow upcoming earnings reports, go to eToro’s Earnings Reports Calendar. Please note that maximum leverage for CFD stocks will be limited to X5 one day ahead of earnings report releases. X10 leverage will be available again soon after the report is published.
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07/03/2019 appeared first on eToro.