Search Results for: China Market
Oil prices steady ahead of U.S. election, weak China data weighs
November 8th, 2016
Oil prices were stable on Tuesday as financial investors and traders were cautiously positioning themselves for a win by Hillary Clinton in the U.S. presidential elections. U.S. West Texas Intermediate (WTI) crude futures were at $44.97 at 0610 GMT, ...
European stock markets rallied
November 7th, 2016
European stock markets rallied with the UK’s FTSE 100 jumping nearly 103 points or 1.5% to 6,793 as investors expressed relief at the FBI’s announcement that it would take no action against Hillary Clinton over emails linked to the Democrat ...
No matter who wins US Election markets are betting on one truly safe investment
November 7th, 2016
No matter who wins the race for the White House, markets are betting on one truly safe investment, and that is the currency of a country with bleak economic prospects – Japan. Markets had long been pricing in a ...
China Foreign Exchange Trade System (CFETS) joins R3 distributed ledger consortium
November 3rd, 2016
Financial innovation firm R3 has announced the addition of China Foreign Exchange Trade System (CFETS), China’s official interbank market trading platform, to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Shanghai, CFETS ...
Asian Stocks Rise With Metals on China PMI as RBA Boosts Aussie
November 1st, 2016
Australian rate-cut bets pared after central bank meeting China manufacturing gauges increase to two-year highs Asian stocks reversed losses and industrial metals rallied after an unexpected pickup in manufacturing in China, the biggest driver of global economic growth. Australia’s ...
Bulls and Bears: An Introduction to Important Market Terminology
October 24th, 2016
The financial markets are a struggle between two competing forces: fear and greed. On the battlefield, this tug-of-war is waged between the bulls and the bears. What they are and how they operate are crucial in understanding the financial ...
Stock market shuts as Hong Kong braces for typhoon
October 21st, 2016
Hong Kong was bracing for the impact of Typhoon Haima on Friday, as one of the strongest storms to hit the city this year shut down the stock market and disrupted flights. Many flights at Hong Kong’s international airport ...
China reports steadily economy growth; GDP increased
October 19th, 2016
The National Bureau of Statistics of China has issued a press release to inform that the China’s economy grew steadily with progress made and quality improved in the first Three Quarters of 2016. According to the report: In the ...
Asian Stocks, Aussie Trim Gains After China Data as Crude Climbs
October 19th, 2016
Chinese GDP growth stabilized; factory output missed estimates Oil nears $51 as industry report signals drop in U.S. supplies A touch of caution was evident in financial markets after a slew of Chinese data that largely painted a picture of stabilization ...
In China, Two Cities Mirror Blockchain-Bitcoin Divide
October 17th, 2016
Beijing and Shanghai, China’s two most populous and developed cities, are often reminiscent of two siblings. They are similar, but each has its own distinct character. In this light, some rivalry is as inevitable, and it’s now spilling over ...
