Search Results for: Pound
European stocks slip ahead of long-anticipated U.S. rate hike
March 22nd, 2018
European stocks fell Wednesday, as investors prepared to hear that the Federal Reserve likely has decided to continue raising interest rates. How markets are moving The Stoxx Europe 600 index fell 0.2% to 374.68, as only the utility sector ...
Who are the Winners and Losers of the Spring Budget?
March 21st, 2018
While budget announcements are scarcely thrilling events, it’s fair to say that Chancellor Philip Hammond’s spring statement was even less enthralling than usual. His budget speech did manage to polarise opinion in Parliament and the private sector, however, as ...
Investors Review: Yen, Euro, Australian Dollar and Asian stocks all fell
March 1st, 2018
Asian stocks started March on a weak footing after U.S. shares tumbled in afternoon trading Wednesday. Treasuries and the dollar steadied as traders awaited a second appearance from Federal Reserve Chairman Jerome Powell, whose comments riled markets earlier this ...
Dollar slid to a 15-month low against the yen
February 14th, 2018
The dollar slid to a 15-month low against the yen on Wednesday, as investors remained on edge ahead of key U.S. inflation numbers later in the day, underscoring fragile risk sentiment following the recent shakeout in equity markets. The ...
Asian shares sank on Friday; The dollar index against a basket of six major currencies was flat
February 9th, 2018
Asian shares sank on Friday, with Chinese equities on track for their worst day in two years, as fears of higher U.S. interest rates shredded global investor confidence. There was limited immediate market reaction to the U.S. government staggering ...
The yen fell, euro climbed, New Zealand dollar dropped; Asian stocks fluctuated Thursday
February 8th, 2018
Asian stocks fluctuated Thursday as investors assessed the implications of the recent market turmoil that has elevated volatility. The yuan dropped the most since August 2015 after trade figures missed estimates and amid speculation policy makers will step up ...
Unsound money is crucifying pensions
January 30th, 2018
Deficits are mounting in pension obligations. It is a global problem over which pension trustees are helpless. It is also a problem that’s brushed under the carpet, with prospective and current pensioners generally unaware of the threat to ...
EUR/GBP Rally Possible on Strong Confidence Stats
January 30th, 2018
The Euro to Pound exchange rate (EUR/GBP) has risen by 0.4% today, although this is mainly down to Brexit worries among Pound traders. The Euro has a chance at extending its current gains against the Pound this week, assuming ...
Asian stock markets traded mixed Friday; Japanese yen and euro rose
January 26th, 2018
Asian stock markets traded mixed Friday, while the dollar steadied after President Donald Trump waded into the unusual public discussion over exchange rates. Trump said that he favored a strong greenback, just a day after his Treasury secretary endorsed ...
The truth about trade
January 23rd, 2018
The one subject, which became a headline issue last year, and even divides experts is trade. It will become increasingly important in 2018 as the US develops her trade policy, particularly with respect to China, and as the ...