Search Results for: Federal Reserve
Euro sets one-week high ahead of GDP data; dollar inches lower
May 16th, 2017
The euro touched a one-week high on Tuesday ahead of the release of euro zone gross domestic product data, as the dollar struggled to gain traction in the wake of a surprisingly soft U.S. manufacturing report. The euro rose ...
Dollar inches away from eight-week high vs yen; focus on U.S. data
May 12th, 2017
The dollar traded below an eight-week high against the yen on Friday, with the near-term focus on whether coming U.S. economic data would provide the catalyst for further gains in the greenback. The dollar eased 0.1 percent to 113.70 ...
Dollar hits eight-week highs vs. yen, kiwi tumbles
May 11th, 2017
The dollar edged lower after notching an eight week high against the yen on Thursday in Asian trade, while the New Zealand dollar tumbled after its central bank suggested a tightening was further out than markets had priced in. ...
Asia Stocks Rise; Yen Gains
May 10th, 2017
China shares in Hong Kong surge, Kospi drops after election S&P 500 futures slip as Trump fires FBI boss James Comey Asian stocks resumed a rally as Hong Kong shares jumped to a 21-month high. U.S. stock-index futures slipped ...
Asia Stocks Fall After Rally, Aussie Dollar Drops: Markets Wrap
May 9th, 2017
S&P 500 ekes out new record as VIX slumps to lowest since 1993 Japan’s Topix retreats from highest level since December 2015 Asian equity markets slipped from a two-year high in the absence of catalysts to spur further gains, ...
Former U.S. politician is warning of a financial collapse by the end of 2017
May 8th, 2017
Former Reagan Administration Official Is Warning Of A Financial Collapse Some Time ‘Between August And November’ If a former Reagan administration official is correct, we are likely to see the next major financial collapse by the end of 2017. ...
Asian Stocks Climb as Global Growth Seen Intact: Markets Wrap
May 8th, 2017
Euro declines after Macron beats Le Pen for French presidency Japan shares rally after holidays while China extends selloff Asian stocks climbed outside of China, with Japanese shares rallying after a three-day holiday, amid optimism on improving global growth following ...
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
Chinese equities headed for their longest losing streak this year amid
May 5th, 2017
Crude declines below $45 a barrel; iron ore extends slump Shanghai Composite Index set to give up this year’s gains Oil slid below $45 a barrel for the first time since November and Chinese equities headed for their longest ...
Dollar hits one-month high vs yen
May 2nd, 2017
The dollar hit a one-month high against the yen on Tuesday, lifted by Treasury yields which surged after U.S. Treasury Secretary Steven Mnuchin commented on the possibility of ultra long-term bond issuance. The greenback last traded at 111.900 yen ...