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Gold in 2016
January 8th, 2016
Advance signs of a global slump in economic activity emerged in 2015. Furthermore, the dollar’s strength, coupled with widening credit spreads confirms a global tendency for dollar-denominated debt to contract. These developments typically precede an economic and financial crisis ...
CSRC:China suspends stock market “circuit breaker”
January 8th, 2016
China announced Thursday night that it will from Friday suspend the stock market “circuit breaker” mechanism that has been implemented since the beginning of this year. “Currently, the negative effects of the mechanism are greater than the positive effects. ...
Asia markets close mixed as China shares turn higher
January 8th, 2016
Asian markets closed mixed Friday after swinging between gains and losses following early volatility in Chinese shares. The Shanghai Composite was up 2.17 percent after trading down as much as 1.89 percent and up as much as 3.32 percent shortly after ...
Dow Tumbles Nearly 400 Points on China Worries
January 8th, 2016
Dow industrials, S&P 500 are off to their worst-ever starts to the year The Dow Jones Industrial Average fell nearly 400 points Thursday as steep falls in Chinese equities spilled over to global markets. Thursday’s selloff came after the ...
China to be Iran’s top partner in 2016
January 7th, 2016
The expected removal of the nuclear deal opens up new opportunities for Iran. Though the sanctions haven’t lifted yet, many countries and their respective companies have lined up to gain more advantage from the renewal or restoration of economic ...
Greece’s economic crisis goes on, like an odyssey without end
January 7th, 2016
When Stavros Staikos thinks of the year ahead, he expresses dread. Although stoic in demeanour, the retired merchant seaman struggles to be upbeat about his country and his own circumstances. “It’s hard to be optimistic,” he says, waiting his ...
7 Percent Crash Causes Emergency Shutdown Of Stock Markets In China For The 2nd Time In 4 Days
January 7th, 2016
Did you see what just happened in China? For the second time in four days, a massive stock market crash has caused an emergency shutdown of the markets in China. On both Monday and Thursday, trading was suspended for ...
World Bank:Anemic recovery in emerging markets to weigh heavily on global growth in 2016
January 7th, 2016
Weak growth among major emerging markets will weigh on global growth in 2016, but economic activity should still pick up modestly to a 2.9 percent pace, from 2.4 percent growth in 2015, as advanced economies gain speed, according to ...
Asian stocks steeply lower after China suspends trade early
January 7th, 2016
China’s stocks were suspended from all trade on Thursday after the CSI300 tumbled more than 7 percent in early trade, triggering the market’s circuit breaker for a second time this week. That drop-kicked stock markets across Asia, which were already ...
China Said to Intervene in Stocks After $590 Billion Selloff
January 5th, 2016
State funds buy after CSI 300 index tumbled 7% on Monday CSRC signals six-month selling ban on major holders to stay China moved to support its sinking stock market as state-controlled funds bought equities and the securities regulator signaled ...
