Trade deal delay drags down Wall Street
Following rising tensions between the US and China, yesterday, reports suggested that the so-called “Phase One” deal may not be signed this year. As a result, Wall Street ended lower yesterday, as the DJ30, SPX500 and NSDQ100 all registered losses.
Today’s highlights: Cryptos continue to fall
- Bitcoin dips to $8,000: The negative trend seen in crypto markets continued over the past 24 hours, as the majority of cryptos registered declines. At the time of writing, Bitcoin was down more than 2%, hovering around the $8,000 mark, reaching its lowest point this month. The largest losses of the top 10 were registered by Binance Coin, which fell more than 5%.
- Poloz to speak today: Bank of Canada Governor Stephen Poloz will be speaking at an event at the Ontario Securities Commission at 13:40 GMT, potentially generating volatility for the Canadian Dollar.
- Congress committee says “yes” to marijuana: The US House Judiciary Committee yesterday voted in favour of legalizing marijuana on the federal level. However, the bill still needs to be approved by Congress and the Senate, with the latter being unlikely, as the Senate is controlled by the GOP. On eToro, you can invest in the cannabis sector through the CannabisCare CopyPortfolio.
Stocks earnings releases on 21/11/19
Stocks earnings releases on 22/11/19
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.