Bitcoin skidded a further 12 percent on Wednesday, marking an almost halving in value from its peak price, with investors spooked by fears regulators could clamp down on the volatile cryptocurrency that skyrocketed last year."
U.S. stocks were pushed higher on Friday by a stronger-than-expected jobs data for November, which indicated improving economic fundamentals at the world's largest economy in the run up to a near certain interest rate hike next week."
Crude oil prices rose for a second consecutive session on Friday, as an increase in demand from China offset mounting concerns over rising U.S. oil production.
The U.S. West Texas Intermediate crude January contract was up 97 cents or about 1.71% at $57.66 a barrel by 09:00 a.m. ET (13:00 GMT), just off a three-week low of $55.83 hit overnight."
The dollar trimmed gains but remained supported against other major currencies on Friday, after the release of positive U.S. employment data and amid mouting optimism over a major U.S. tax reform plan."
Wall Street futures were higher on Friday, boosted by growing optimism over the U.S. tax reform overhaul and as traders awaited highly-anticipated U.S. jobs data due later in the day.
The blue-chip Dow futures were up 0.16%, the S&P 500 futures added 0.18%, while the tech-heavy Nasdaq 100 futures gained 0.39%."
LONDON/NEW YORK (Reuters) - Bitcoin rocketed to a lifetime high well above $16,000 on Thursday after climbing some 67 percent over one week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst."
The U.S monthly employment report showed that the economy created more jobs than forecast in November, the unemployment rate remained unchanged and wage inflation rose less than expected, according to official data released on Friday."
President Donald Trump's push for tax cuts hit new turbulence on Tuesday, with Democrats abruptly pulling out of a planned White House meeting with him after he sent a tweet attacking them, while some Senate Republicans were demanding changes to the tax bill."
The S&P 500 futures inched forward two points or 0.09% as of 6:51 AM ET (11:51 AM GMT) while Dow futures rose 38 points or 0.16%. Meanwhile tech heavy Nasdaq 100 futures increased three and a half points or 0.05%."
Crude oil prices continue to drift lower, extending yesterday's losses, as the market had expected this week's OPEC meeting to extend production limits by another 6-9 months, but this is now less certain; WTI -0.7% at $57.70/bbl, Brent -0.6% at $63.44/bbl."
European shares opened slightly higher on Tuesday as the Bank of England deemed that UK lenders could deal with a "disorderly" Brexit, while the dollar held steady ahead of a confirmation hearing for Federal Reserve chair nominee Jerome Powell."