Search Results for: China
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 ...
Dollar Tumbled as Yen, Euro Rally on Irma, ECB
September 8th, 2017
The dollar tumbled to its weakest level since the start of 2015 as fading expectations of U.S. interest-rate increases, North Korea tensions and a historically powerful hurricane unsettled investors. The euro was near the highest since January 2015 after ...
Lego to axe 1,400 jobs
September 6th, 2017
Lego is to cut 1,400 jobs before the end of the year in a bid to scale back the 85-year-old business after suffering its first drop in sales in more than a decade. The Danish toymaker said it was ...
Main moves in the markets and key events coming this week; Asian markets early review
September 6th, 2017
Stocks fell in most Asian markets as nations grapple with how to deal with escalating provocations from North Korea. The yen was near its strongest level for the year and U.S. Treasury yields were at their lowest since the ...
Swiss franc, gold advance as risk-off stance is back on
September 4th, 2017
Asian stocks fell as investors turned to haven assets after North Korea’s dictatorship tested a nuclear bomb on Sunday, sending the yen, gold and Treasury futures higher. The MSCI Asia Pacific Index was on track for the biggest drop ...
See no evil, speak no evil…
September 1st, 2017
The Jackson Hole speeches of Janet Yellen and Mario Draghi last week were notable for the omission of any comment about the burning issues of the day: …where do the Fed and the ECB respectively think America and the ...
European stocks are expected to higher Friday
September 1st, 2017
European stocks are expected to higher Friday ahead of a key employment report from the United States that could set the tone for interest rate hikes and market direction into the final months of the year. Germany’s DAX performance ...
Dollar gains, Euro was steady, Yen fell, Gold declined; Traders review
August 31st, 2017
Asia Stocks Mixed Ahead of U.S. Jobs; Dollar Gains Asian shares were mixed after data underscored the resilience of the American and Chinese economies, while the U.S. administration sent mixed signals on North Korea and its latest missile launch. ...
Australian law firm is initially deploying artificial intelligence technology
August 29th, 2017
Australian law firm Corrs Chambers Westgarth is initially deploying Luminance’s artificial intelligence technology to streamline due diligence processes for M&A transactions.The law firm adopted Luminance after completing a pilot of the technology within its M&A department. It plans to ...
World wheat stocks to hit record high at close of 2017-18, says IGC
August 29th, 2017
The International Grains Council lifted its forecast for world wheat stocks to a record high as it reversed a downgrade to its global grains harvest estimate, flagging an “increasingly favourable outlook” for Black Sea output. The intergovernmental group lifted ...
