Search Results for: fed
Gold rebounds from five-year low
July 22nd, 2015
Despite uptick, more losses are expected as people no longer see gold as safe haven Gold bounced back from a five-year low on Tuesday, advancing for the first time in seven sessions amid declines in the dollar and speculation ...
Asia Stocks Drop With Nasdaq Futures on Apple; Commodities Slide
July 22nd, 2015
Asian stocks retreated with Nasdaq 100 Index futures as Apple Inc. tumbled in after-hours trade and the dollar held losses. Oil and gold resumed declines as a gauge of commodities dropped back to a 13-year low. The MSCI Asia ...
Investors Flee Commodities
July 21st, 2015
The prices of raw materials from oil and gold to copper, cotton and sugar tumbled, underscoring an increasing aversion to commodity investments as the Federal Reserve prepares to raise interest rates for the first time in nearly a decade. ...
China stocks turn higher
July 21st, 2015
Other Asian markets also edge up on tail of strong U.S. corporate earnings Stocks in Asia edged higher Tuesday on the tail of strong corporate earnings in the U.S. and China’s stabilizing markets. The Shanghai Composite Index SHCOMP, +0.48% ...
Big fund suspected of selling gold after price crashes to 5-year low
July 20th, 2015
Gold prices continued falling Monday, briefly hitting a more than a five-year low in Asian trade, after China indicated its gold reserves were at half the level expected. The yellow metal has lifted up from its worst levels of ...
Gold tumbles to more than five-year low, China shares fall
July 20th, 2015
Gold tumbled to a more than five-year low Monday, and China shares drifted lower after authorities’ weekend move to tighten the use of informal lending channels by stock investors. Gold GCQ5, -2.31% fell 2.3% from its opening price Monday ...
Greece and the Problem of Correcting Trade/Productivity Imbalances
July 17th, 2015
Piling on more debt is the worst possible way to correct structural trade and productivity imbalances. In Greece and the End of the Euroland Fantasy, I suggested the trade imbalances at the heart of Greece’s debt crisis could only ...
European Court of Justice Official Proposes Bitcoin VAT Exemption
July 17th, 2015
Bitcoin operations should be exempt from Value Added Tax (VAT), the Advocate General of the European Court of Justice said in an opinion document published today. Citing existing exemptions for currency and money transactions in Europe’s VAT Directive, Attorney ...
SEC Charges Purported Investment Adviser With Stealing Client Funds and Conducting a Ponzi Scheme
July 17th, 2015
The Securities and Exchange Commission charged a purported investment adviser in San Diego with stealing money from clients for personal use and conducting a Ponzi scheme to pay customers making redemption requests. In a complaint filed in federal court in ...
Barclays’ second boss in a week exits the bank
July 16th, 2015
BARCLAYS deputy chairman Sir Mike Rake has become the second casualty of newly-installed chairman John McFarlane in a week, after he confirmed plans to leave the bank “by the end of 2015” yesterday – which leaves the rest of ...
