Search Results for: oil
Euro near three-year peak as dollar languishes, risk appetite hurts yen
January 5th, 2018
The euro hovered near a three-year high against the sagging dollar on Friday, while improving investor risk appetite weighed on the yen. The euro was 0.05 percent higher at $1.2074 after rising 0.45 percent overnight. The common currency received ...
Investors review: Asian stocks headed toward fresh historic highs; Euro was little changed
January 4th, 2018
Asian stocks headed toward fresh historic highs, with Japan’s markets coming back from New Year holidays to see solid gains in the wake of U.S. records. Oil rose, while gold slipped. With Japanese benchmarks heading for the biggest one-day ...
The Bank of England is Entertaining its Own Official Cryptocurrency
January 3rd, 2018
As originally reported by The Telegraph, the Bank of England may approve the creation of a state-sponsored cryptocurrency within the year. Just last year, the bank announced it had commissioned a theoretical currency, RS Coin, which could be used ...
This is the currency that performs best at the start of a new year
January 3rd, 2018
If you are wondering which currency, other than the U.S. dollar, to hold at the start of a new year, past trades show you’ll be better off with euros. Using data analytics platform Kensho, CNBC looked at the average ...
Shell, Barclays say US tax plan means billions in 4Q charges
December 28th, 2017
Two major European companies, oil producer Shell and Barclays bank, say the U.S. tax reform law will force them to take big charges in the last quarter of the year. Shell said Wednesday it expects to book between $2 ...
Agricultural commodity prices to fall again in 2018, says Goldman Sachs
December 27th, 2017
Agricultural commodity prices, on course for a third successive year of decline, are on course for a fourth, Goldman Sachs said, even as it lifted its forecast for cotton prices. The investment bank forecast commodity returns overall, as measured ...
Euro Advanced, Australia’s Dollar Climbed, Asian Stocks Were Mixed
December 27th, 2017
Asian stocks were mixed Wednesday in trading thinned by a holiday-shortened week. Oil prices breached $60 a barrel for the first time since 2015 after a pipeline blast in Libya. Japanese equity benchmarks posted slight gains, and Australian stocks ...
Asian markets advance ahead of holiday weekend
December 22nd, 2017
Australia hits another 10-year high; Kospi ticks up as Nikkei lags. Asian markets advance ahead of holiday weekend. Asia-Pacific stocks were poised to end the week modestly higher in muted trading ahead of the holidays, while volatility returned to ...
Asian equities mixed, Yen and pound little changed; Investors review
December 21st, 2017
Asian equities were mixed after U.S. equities dipped in the wake of congressional passage of U.S. tax cuts, suggesting investors see the growth-boost narrative from the corporate and individual rate reductions as having played out. Benchmark gauges in Sydney ...
Early investors review: Asian stocks mixed, Japanese yen slipped
December 20th, 2017
Asian stocks were mixed on Wednesday as U.S. legislators headed toward the final passage of a tax-cut package that has helped spur optimism of faster American economic growth and lift global equity gauges to historic highs. Japan’s Topix index ...