Compete risk-free with virtual funds and stand a chance to win real cash prizes.
Trade options on financial markets and 24/7 Derived Indices.
Discover insights from professionals who share the realities of the financial industry.
For over 25 years, Deriv has been a trusted partner of traders worldwide.
Bitcoin declined for a third successive week. After crossing the 25,000 USD mark in February, it was trading below 20,000 USD last week.
After a poor showing the week before, the US stock indices rebounded last week, with the Nasdaq rising the highest.
Favourable data releases in the United States propelled the US dollar higher, while major cryptocurrencies saw their recent rise stalled.
Regulatory action against cryptocurrency exchange platform Kraken had a cascading effect on digital assets as their prices stumbled.
The S&P 500 registered a cumulative 6.2% rise in January, signaling the likelihood of a strong performance in the US stock market this year.
The US dollar registered modest gains over the euro as data released over the last week revealed cooling in inflation and subdued consumer spending.
Gold prices continued their upward surge as uncertainty in the markets — amid weak economic reports in the US and recession fears — drove investors to seek refuge in the yellow metal.
Bitcoin led the charge — crossing the 20,000 USD mark —- as cryptocurrency prices surged over the last week, raising expectations of another bull run.
After missing their annual Santa Claus run in 2022 and starting the New Year in the red, US stocks registered significant gains this week to snap out of their 4-week bear run.
.webp)
.webp)
.webp)
.webp)
