Search Results for: Bank of Korea
Oil Retreats Below $47 Before OPEC Meeting as Metals Snap Rally
November 29th, 2016
Copper suffers in first loss for seven days; zinc, nickel down European stocks open lower with Italy focus; Asia shares mixed Oil retreated back below $47 as OPEC members failed to bridge their differences on production cuts, while a ...
Dollar Extends Retreat as Metals Advance With Asian Equities
November 28th, 2016
Oil in New York holds losses near $46 before OPEC meeting Lead, zinc surge; emerging currencies, gold also advance The dollar fell the most since September versus major peers as traders focused on events this week that could derail ...
Dollar Set for Weekly Surge as Fed Outlook Weighs on Bonds, Gold
November 25th, 2016
100% odds of a December Fed move keep dollar at 10-year high 40-year JGB yields drop after auction, flattening curve The prospect of a higher interest-rate environment in the U.S. continues to course through markets, sending the dollar toward ...
Dollar Extends Surge as Bonds Decline; Japanese Equities Climb
November 24th, 2016
Gold near 9-month low as futures put 100% odds on Fed hike Emerging markets slip, with Philippine peso at eight-year low The dollar extended gains at the highest in more than a decade as a stronger case for hiking ...
Asia stocks at one-week highs on U.S. cues; oil jumps
November 22nd, 2016
Asian stocks rose to one-week highs, helped by solid overnight gains on Wall Street, though investors were wary of chasing prices higher until President-elect Donald Trump picks his economic team. Oil extended gains. Crude oil climbed in Asian trading ...
Dollar Extends Weekly Surge on Yellen Commentary as Metals Drop
November 18th, 2016
Japan’s Topix climbing for a seventh day as yen languishes Fed Chair sees hike relatively soon, plans to serve full term The dollar extended its advance after Federal Reserve Chair Janet Yellen signaled an interest-rate hike could be imminent, ...
The UK and China have reached a new fintech agreement
November 16th, 2016
In the latest example of cross-border cooperation between governments on fintech, the UK and China agreed to form a fintech bridge on Thursday, as part of a series of new measures to strengthen economic ties between the countries. The UK already has ...
European stocks edged higher Friday
November 11th, 2016
European stocks edged higher Friday, continuing the upward trajectory that followed Tuesday’s U.S. presidential election, as bond yields continued to climb. The index was up 0.18% in morning trading. Utilities and auto stocks led Europe’s equity market sectors, rising ...
How America’s new president will affect the global economy
November 10th, 2016
From trade war with China to jobs turmoil in Mexico, Trump’s reign will pose new threats to already fragile world economy Donald Trump’s victory in the US presidential elections will have implications for the whole global economy. Mexico America’s ...
Global Markets Rocked as Traders See Likelihood of Trump Victory
November 9th, 2016
S&P 500 futures tumble by 5% limit as Mexican peso plunges Gold jump by most since 2009, surging with yen, Treasuries Global markets were thrown into disarray as results from the U.S. election indicated that Donald Trump may prevail ...
