Search Results for: dollar
Brent climbs above $62 as Asian markets open strong
December 22nd, 2014
Oil prices rose on Monday as Asian markets opened strongly into a holiday-shortened week and consensus spread that Brent crude futures would likely remain above $60 for the rest of the year. MSCI’s broadest index of Asia-Pacific shares outside ...
Emerging market fixed-income and FX markets
December 19th, 2014
Emerging market fixed-income and FX markets are poised for a third year of volatility because of a slowing China, strengthening dollar, lower oil prices, the prospect of a US rate hike, and the shortage of investable high yielders, as ...
Judge May Toss 4 Guilty Pleas in Inside-Trade Case
December 19th, 2014
A judge said Thursday he’s leaning toward tossing out four guilty pleas in an insider-trading case, the latest fallout from a recent appeals court ruling criticizing prosecutors’ tactics. U.S. District Judge Andrew L. Carter Jr. notified attorneys of his ...
Statement of the National Bank of Ukraine on the legal status of Bitcoin
December 19th, 2014
Ukraine’s local chapter of the Bitcoin Foundation has spoken out against a recent statement by the central bank concerning the legal status of bitcoin in the country. In a document issued last month, the National Bank of Ukraine (NBU) ...
Yen Weakens Third Day as BOJ Maintains Easing; Aussie, Kiwi Gain
December 19th, 2014
The yen fell for a third day against the dollar as the Bank of Japan maintained unprecedented stimulus that has seen the exchange rate decline for five straight months. Japan’s currency fell at least 0.3 percent versus all 16 ...
The Russian Riddle: An Alternative View on the Collapse of the Rouble
December 18th, 2014
Winston Churchill is famously quoted as saying that: “Russia is a riddle wrapped in a mystery inside an enigma.” The past twelve months have surely proved how right he was. The past couple of weeks have certainly not been ...
Russia’s economic crisis: five key charts
December 18th, 2014
Russia and its president, Vladimir Putin, have been left out in the economic wilderness as sanctions imposed by the west, a tanking oil price, and plunging rouble take their toll. Here are five key charts. Growth in Russia is ...
Who Are the Winners of Russia’s Ruble Meltdown?
December 18th, 2014
The Russian ruble‘s spectacular falls this year have been relentlessly portrayed as bad news. But with the ruble now down some 45 percent against the U.S. dollar since January, are there no winners? Companies that produce in Russia but sell abroad are bound ...
A Full-Blown Economic Crisis Has Erupted In Russia
December 17th, 2014
The 8th largest economy on the entire planet is in a state of turmoil right now. The shocking collapse of the price of oil has hit a lot of countries really hard, but very few nations are as dependent ...
Russian Finance Ministry Starts Selling Foreign Currency in Bid to Strengthen Ruble
December 17th, 2014
The Russian ruble strengthened sharply on Wednesday in volatile trade after the Finance Ministry said it had started selling foreign currency from its leftover stock. The Russian currency has come under heavy selling pressure this week, forcing the Central ...
