Search Results for: Donald Trump
Emerging currency traders are being kept on their toes
July 30th, 2018
Emerging-market foreign-exchange traders are being kept on their toes even as their counterparts dealing in developed currencies might be struggling to stay awake amid the lull of the northern summer. Implied volatility on emerging-market currencies has surged and ...
Iran seeks to introduce a digital currency
July 26th, 2018
Iran is working on a digital currency as a solution to the re-imposed U.S. sanctions, Press TV reported Wednesday. A plan to create an indigenous crypto-currency was already on the agenda of the Directorate for Scientific and Technological Affairs ...
Dollar slides against emerging market currencies
July 26th, 2018
The dollar fell against emerging market currencies Wednesday as investors awaited a meeting between President Donald Trump and European Commission President Jean-Claude Juncker. The dollar was recently down 1% against the Brazilian real and lost 1.2% against the Turkish ...
The yen climbed, gold price increased; Key financial events coming up this week
July 23rd, 2018
The yen climbed and Japanese government bonds slid on speculation that the Bank of Japan may debate some fine tuning in its stimulus policy. Asian stocks were mixed. The rise in Japan’s 10-year benchmark bond yield matched the biggest ...
China’s yuan plunges again. Is a currency war coming?
July 20th, 2018
The yuan weakened almost 1% against the US dollar on Thursday to hit its lowest level in a year. It has now fallen by nearly 8% over the past three months amid a global trade spat and concerns over ...
Asian stocks fell, British pound rose; Key financial events coming up this week
July 16th, 2018
Asian stocks fell as mixed economic data in China failed to allay concern about the world’s second largest economy’s ability to the withstand the impact of the trade dispute. Crude slid and the yen traded near the weakest level ...
Asian stocks halt four weeks of losses, Pound drops; Here are the main market moves
July 13th, 2018
Asian stocks headed for their first weekly advance in five as trade tensions appeared to ease after China refrained from detailing retaliation plans against threatened U.S. tariff increases. The pound slipped on the latest woes from the Brexit quagmire. ...
Investors Update: Escalating trade row haunts emerging markets stocks, Forex
July 12th, 2018
A sharp escalation of the trade war between Washington and Beijing battered emerging markets on Wednesday with Chinese stocks faltering, the yuan weakening and falling commodity prices adding to the pressure. U.S. President Donald Trump’s administration raised the stakes ...
US releases $200bn list of Chinese products for possible new tariffs
July 11th, 2018
Accusing China of not negotiating “seriously” on trade, the Trump administration has released a list of products it wants to impose a ten percent tariff on, amounting to $200 billion. The new tariffs would kick in within 60 days. ...
Stocks in Asia declined, the Euro and the Aussie were down; Here are the main market moves
July 11th, 2018
Stocks in Asia declined with U.S. equity futures, industrial metals and China’s yuan after the Trump administration released the biggest list yet of Chinese goods it may hit with tariff increases, a move that China said will force it ...
