Search Results for: Federal Reserve
U.S. Stocks Advance Amid Drug-Maker Rally as Caution Subsides
July 7th, 2016
Fed minutes show heightened uncertainty on job data, U.K. vote Banks, commodity shares rise after erasing early losses U.S. stocks advanced, led by gains among drug companies, as cautious sentiment eased amid speculation the American economy can weather the ...
Pound logs biggest quarterly drop since the financial crisis
July 1st, 2016
The British pound records its biggest quarterly drop since the financial crisis on Thursday after Bank of England Governor Mark Carney says the central bank would likely need to further ease monetary policy this summer. The British pound fell ...
Brexit, the E.U. and the “Special Relationship” of the U.S./U.K.
June 30th, 2016
Any clique in the E.U. that thinks the U.S. will sit idly by while they “punish” the U.K. had better recalibrate their core interests and the potential for blowback. One constant in a fast-shifting global chess board is the ...
Why did Britain vote to leave the EU?
June 27th, 2016
On Thursday, the British people voted to leave the European Union by a 52 to 48 percent margin, a decision that has been dubbed “Brexit.” It was a surprising result that will have huge consequences for Britain, the EU, ...
Yen Surges as BOJ Maintains Policy; Asian Stocks Sink With Oil
June 16th, 2016
Fed scaled back rate-hike outlook, saying Brexit a concern Kiwi strengthens on GDP data as gold rallies with silver The yen soared and Japanese stocks tumbled after the nation’s central bank refrained from easing monetary policy. Shares elsewhere in ...
Fed expected to hold rates steady as Brexit vote clouds outlook
June 15th, 2016
The Federal Reserve is expected to keep interest rates unchanged on Wednesday and signal if it still plans to raise rates twice in 2016 amid concerns about a U.S. hiring slowdown and Britain’s possible exit from the European Union. ...
Asian Stocks Advance Before Fed as Pound Halts Slide; Oil Sinks
June 15th, 2016
Yuan hovers near five-year low after MSCI’s China ruling Japanese bond yields drop to new records as copper gains Asian shares rose, rebounding from the steepest selloff in global stocks since January, as currency markets stabilized ahead of the ...
Pound wobbly, yen edges higher on mounting Brexit worries
June 14th, 2016
The British pound remained fragile near a two-month low against the dollar on Tuesday and the yen hovered near six-week highs against the U.S. currency on worries Britain may leave the European Union in a referendum less than 10 ...
Silver Acting Like ‘Gold on Steroids’ as Assets Near Record High
June 10th, 2016
ETFs backed by silver have seen assets increase for 8 days Prices are up 25% in 2016, tracking similar rally in gold For all the concerns whether the rally in precious metals will last, investors are close to making ...
Why the bitcoin has become China’s new darling
June 8th, 2016
Speculation over yuan devaluation and the mainland’s anti-corruption drive have contributed to the currency’s growing popularity Bitcoin has become the new darling of mainland punters amid a slumbering stock market, heightened expectations of the yuan’s devaluation and even the ...
