Search Results for: Bank of China
Oil Advances With Asian Stocks While Bonds, Korean Won Decline
December 9th, 2016
Bonds retreat after ECB says it will slow asset purchases European index futures little changed at the start of trading Oil rose a second day before a meeting between OPEC and other major producers on output cuts, as industrial ...
Euro edges higher, holds near 3-week high as focus shifts to ECB
December 8th, 2016
The euro edged up and traded near a three-week high against the dollar on Thursday ahead of a European Central Bank policy decision, as the greenback lost momentum from the recent pull-back in U.S. bond yields. The euro has ...
The price of Bitcoin could hit more than $2,000 in 2017
December 7th, 2016
The price of Bitcoin could hit more than $2,000 in 2017 driven by expectations that U.S. President-elect Donald Trump may introduce economic stimulus policies, which could send inflation soaring and propel the dollar to record highs, a report from ...
Asia Stocks Higher, Australia Bucks Negative Growth Report
December 7th, 2016
Asian shares were broadly higher Wednesday, catching a lift from gains in the U.S., as a weak Japanese yen helped exporters’ stocks on the Nikkei Stock Average. The Nikkei was recently up 0.6% in morning trade. S&P/ASX 200 was ...
Bitcoin Prices Surge Past $770 But Fall Just Short of 2016 High
December 5th, 2016
Bitcoin prices neared $780 during the week through 2nd December, coming within 1% of the 2016 high of $781.31 reached in June. The digital currency rose to a high of $778.14 amid sustained support. Prices remained above $700 all ...
Euro Slips With Asian Stocks While Bonds Rise as Italy Votes No
December 5th, 2016
Renzi to resign as referendum defeated; Kiwi down as Key quits Yuan falls offshore on Trump tweets; oil drops on U.S. output The euro retreated with stocks, while bonds rose, amid concern the failure of Italy’s referendum on constitutional ...
Credit cycles and gold
December 3rd, 2016
The Trump shock produced some unexpected market reactions, partly explained by investors buying into a risk-on argument,equities over bonds and buying dollars by selling other currencies and gold. This is because President-elect Trump has stated he will implement infrastructure ...
Asia Stocks Rise Most in Three Weeks as Oil Hits $50, Bonds Drop
December 1st, 2016
U.S. oil climbs above $50, building on 9.3% gain on Wednesday Private jobs data adds to U.S. rate outlook before payrolls Asian equities rallied the most in three weeks as a deal to cut global oil output lifted energy ...
Oil Retreats Below $47 Before OPEC Meeting as Metals Snap Rally
November 29th, 2016
Copper suffers in first loss for seven days; zinc, nickel down European stocks open lower with Italy focus; Asia shares mixed Oil retreated back below $47 as OPEC members failed to bridge their differences on production cuts, while a ...
Barclays announces completion of sale
November 28th, 2016
Barclays has completed the sale of its Wealth and Investment Management (WIM) business in Singapore and Hong Kong to Bank of Singapore Limited, the wholly-owned private banking subsidiary of Oversea-Chinese Banking Corporation Limited (OCBC). Barclays WIM in Singapore and ...
