Today’s highlights: Global markets higher despite trade war fears
- Wall Street closes mixed: After US Commerce Secretary Wilbur Ross yesterday said that a trade deal between the US and China is still far away, the DJ30 closed lower. In contrast, the SPX500 and NSDQ100 closed slightly higher, as several tech stocks, including Western Digital, Texas Instruments and Square, showed impressive gains.
- Cryptocurrencies continue to seesaw: The back-and-forth continues in the cryptocurrency market, as 8 of the top 10 cryptos registered gains over the past 24 hours. However, the market showed relatively low volatility, with 7 cryptos registering movements lower than 1%. At the time of writing, Bitcoin was up less than 1%, hovering around the $3,600 mark, while Litecoin led the top 10 with gains of more than 4%.
- Oil rises on Venezuela political turmoil: Following political uncertainty in the South American nation, opposition leader Juan Guaido declared himself as interim president. In support of Guaido, the US yesterday threatened sanctions against the current regime in Venezuela, causing oil prices to rise around 1.2%.
Zcash launched on eToro
The latest addition to the ever-growing offering of cryptoassets on eToro is Zcash. Currently ranked 21st by market cap, Zcash was launched on 2016, and was designed to offer enhanced privacy compared to other blockchains.
Stocks earnings releases on 28/01/19
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.
The post Etoro Daily Update
25/01/2019 appeared first on eToro.