Search Results for: Global Markets
Gold hits near 2-week high on softer dollar
September 15th, 2020
Gold hit a near two-week high on Tuesday as the dollar weakened and investors turned their focus to a U.S. Federal Reserve monetary policy meeting, seeking details of how it planned to hold down rates while aiming to boost ...
Gold prices rebounded from a near two-week low hit; Silver fell 0.8%
September 9th, 2020
Gold prices rebounded from a near two-week low hit earlier on Tuesday, after a sell-off in stock markets prompted investors to seek refuge in the safe haven metal. Spot gold rose 0.4% to $1,936.87 per ounce after falling as ...
Emerging currencies fell
September 9th, 2020
Emerging market currencies fell as a sharp fall on Wall Street sent panicked investors into the U.S. dollar, with simmering Sino-U.S. tensions and concerns over an economic recovery adding to the mix. Amid concerns that a recovery in oil ...
World Shares Update: World shares rose slightly on Monday
September 7th, 2020
World shares rose slightly on Monday after losing $2.3 trillion in the last two sessions in a technology stocks led rout as investors reassessed soaring valuations when the global economy is in a coronavirus-induced recession while oil prices dropped. ...
European stocks are set to open higher on Monday
August 31st, 2020
European stocks are set to open higher on Monday as dovish U.S. monetary policy signals gave a boost to global risk assets. Germany’s DAX index is seen climbing 116 points to 13,145, France’s CAC up 44 points at 5,049 ...
Doubling down on failed policies with central bank digital currencies
August 27th, 2020
Many central banks are researching retail digital currencies, which if implemented, would allow them to issue a new currency directly to the public, managed on a centralised ledger bypassing commercial banks. While there is an element of feeling the ...
Cryptocurrency to get pan-European legal framework
August 24th, 2020
In the fall, the EU Commission is set to complete its work on digital finance, and the result will be a clear definition for cryptocurrency in European law. “Lack of legal certainty is often cited as the main barrier ...
Most Asian currencies struggled for direction on Friday
August 21st, 2020
Most Asian currencies struggled for direction on Friday as the yuan pulled back after hitting a seven-month high against the U.S. dollar, while the Taiwan dollar strengthened on the back of better-than-expected export orders. The yuan often tends to ...
An unexpected systemic crisis is for sure
August 18th, 2020
Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s focus on the coronavirus, is unexpected. We can now identify 23 March as the date ...
Jay Taylor: “Stick With Your Gold As Long As You Are Able”
August 17th, 2020
From this week’s edition of J Taylor’s Gold, Energy & Tech Stocks newsletter: Gold’s slight correction of 3.99% this week doesn’t say much. But the $170/oz. decline in about 24 hours certainly did get my attention. And I have ...
