Search Results for: dollar
The forthcoming global crisis
September 22nd, 2017
The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the credit cycle. Most national economies are directly boosted by China, ...
The Euro and Yen advanced, Gold rose, Asian stocks dropped
September 22nd, 2017
Asian stocks dropped with U.S. equity-index futures after a report that North Korea could respond to fresh sanctions with a hydrogen bomb in the Pacific. The yen and gold advanced. After a flat start to Friday’s Asian session, benchmarks ...
Who Manipulates Gold Prices and Why
September 21st, 2017
While major international events, like nuclear tests carried out by North Korea, affect gold prices and result in a situation when investors prefer to invest their money in the noble metal, economic expert Dimitri Speck believes that there are ...
Here’s why the crackdown on bitcoin in China is ‘not a real problem’ for the digital currency
September 20th, 2017
The cryptocurrency market appears to be unconcerned about a Chinese crackdown on bitcoin, the largest digital coin by market cap. On Thursday reports that Chinese regulators would require exchanges to shut down bitcoin trading triggered a sell-off of nearly ...
Stocks Climb in Asia; Yen Falls as Havens Retreat
September 18th, 2017
Stocks advanced in Asia following a record-breaking Wall Street session, while the yen declined as havens retreated amid optimism the U.S. favors a peaceful resolution to North Korea’s nuclear threats. Futures on the S&P 500 Index rose with equities ...
Main moves of currencies: British Pound little changed, Euro steady
September 15th, 2017
Financial markets are once again showing a short-lived reaction to a North Korean missile launch as investors become accustomed to a cycle of provocations followed by diplomatic censure and sanctions that fall short of shutting down the dictatorship. South ...
Groups from EU member states to sue Volkswagen
September 14th, 2017
Consumer organisations from four European countries are working together to demand compensation for people whose diesel cars, made by Volkswagen Group (VW), are equipped with an emissions cheating code in the software. The groups – from EU member states ...
Asian equities took another leg higher; Key events to watch this week
September 12th, 2017
Asian equities took another leg higher after the S&P 500 Index rose to a record high and Treasuries tumbled, with less damage than originally feared from Hurricane Irma supporting the case for a gradually improving U.S. economy. Japan’s Topix ...
China Is Said to Ban Bitcoin Exchanges While Allowing OTC Trades
September 11th, 2017
China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150 billion cryptocurrency market after the country outlawed initial coin offerings last week. The ban will only apply to trading ...
China is starting to roll back measures meant to prop up its currency
September 11th, 2017
China is starting to roll back measures meant to prop up its currency after a recent surge in the yuan erased all of last year’s losses. Starting today, the central bank has scrapped a reserve requirement rule on trades ...
