Search Results for: China
Dollar moved to one-week top against a basket of currencies
October 18th, 2017
Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as investors waited to see what policies might emerge from China’s Communist Party conference. The twice-a-decade congress is expected to cement the power of President Xi ...
Stocks in Asia paused near recent highs
October 17th, 2017
Stocks in Asia paused near recent highs as concerns about North Korea reemerged, while Australian bonds fell with Treasuries as speculation climbed that the next head of the Federal Reserve will be more hawkish. Equity benchmarks fluctuated across Asia ...
Dollar advanced against its major G10 peers; Key events coming up this week
October 16th, 2017
Stocks in Asia advanced with bonds after inflation data in the U.S. added to evidence that global growth is continuing steadily with limited price pressures in the American economy. Equity indexes climbed from Tokyo to Sydney with a gauge ...
Bitcoin shoots above $5,800 to record peak
October 13th, 2017
Bitcoin jumped to a fresh record high on Friday after breezing past the $5,000 mark on Thursday as the cryptocurrency rebounded after tumbling last month on increased scrutiny from regulators. Bitcoin rose as much as 7.4 per cent to ...
The euro and yen rose, Singapore dollar slipped; U.S dollar snaps four week rally
October 13th, 2017
The dollar and U.S. Treasury yields were poised to end four weeks of gains as confidence in American tax-cut plans waned somewhat and the Federal Reserve signaled that several policy makers are cautious about another 2017 interest-rate hike. Asian ...
Early Forex and Shares market review
October 11th, 2017
A broad index of Asian shares touched a decade-high on Wednesday, taking cues from signs of confidence in the U.S. Meanwhile, the euro held onto overnight gains after Catalonia held back on an outright declaration of independence. During the ...
Bitcoin Soars Close to Record High
October 10th, 2017
What wipeout? Buyers blew off fresh warnings about a bitcoin bubble and sent prices above $4,800 on Monday, capping a bullish October run for the digital currency. Prices reached as high as $4,820, which is near the record territory ...
Global stocks are trading near a record high; Investors review
October 10th, 2017
Stocks were mixed on Tuesday as Japan and South Korea reopened, while Treasury yields were steady as trading recommenced after holidays. The dollar declined and Turkey’s lira maintained losses amid tensions with the U.S. that sent it plunging on ...
Sanctions against Russia have cost European Union €30bn
October 9th, 2017
New research by the Austrian Institute of Economic Research (WIFO) suggests the EU’s economic sanctions against Russia introduced three years ago have cost European countries billions of euro. The survey, which was conducted at the request of the European Parliament ...
The upcoming increase in interest rates
October 6th, 2017
Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The working assumption should be that this was coordinated, and that both the ECB and ...
