Search Results for: Pound
Sterling steadies on Monday, dollar awaits Fed
June 12th, 2017
Sterling steadies on Monday as British Prime Minister Theresa May scrambled to pick up the pieces and reunite her Conservative Party after a disastrous election that could disrupt Brexit negotiations. Sterling last traded at $1.2756, edging up 0.1 percent ...
Oil prices pinned down by strong dollar, supply worries
June 9th, 2017
Oil prices were little changed on Friday, clawing back earlier declines, amid a variety of market impacts including a rising dollar as returns from the U.K election came in and concerns the ongoing concerted effort by Middle Eastern and ...
Asia Stocks Mixed Before Key Europe, U.S. Events
June 8th, 2017
Asia Stocks Mixed Before Key Europe, U.S. Events Oil crawls back after tumbling Wednesday on stockpiles report Investors remain cautious; yen erases loss on BOJ report Investors were reluctant to add big positions ahead of key events looming in ...
Sugar futures plunge – even as ISO warns over price gloom
June 2nd, 2017
Sugar futures tumbled to a 15-month low, even as the International Sugar Organization cautioned over expectations of price weakness – despite foreseeing global production surpluses for the next two seasons. While sugar prices have “suffered a considerable downward correction” ...
Asia Stocks Rally as Nikkei Tops 20,000; Yen Slips: Markets Wrap
June 2nd, 2017
Japan leads Asian equities after fresh record for S&P 500 All eyes now turn to monthly U.S. jobs report on Friday Asian stocks rallied, with the Nikkei 225 Stock Average topping 20,000 for the first time since 2015, as ...
Asia Stocks Rise as Yuan Strengthens, Oil Rebounds: Markets Wrap
June 1st, 2017
Japan’s Topix gains while China shares slip amid economic data Onshore yuan heads for biggest 4-day gain in almost 12 years Asian equities rose, with a rally in Japan offsetting declines in China, as investors weighed economic data and ...
Asia Stocks Mixed, Euro Falls on Draghi Comments: Markets Wrap
May 30th, 2017
China markets closed second day, Hong Kong shut for holiday Japan equities erase loss; yen gains while rand extends slide Asian equities were mixed in thin trading while the euro slipped with emerging currencies after Mario Draghi’s dovish message to ...
Euro to US Dollar is Strongly Supported at Mid-Point of Week
May 24th, 2017
Euro to US Dollar continues rallying despite signs the exchange rate may be overvalued. The rally has been backed by a strengthening Euro and simultaneously weakening Dollar. The scales have fallen from investors eyes after the recent US Budget ...
FCA secures eight confiscation orders totalling almost £2.2 million
May 24th, 2017
The Central Criminal Court has made confiscation orders against the two final defendants who were convicted of offences following one of the FCA’s largest investigations into unauthorised activity. The FCA’s investigation, known as Operation Cotton, led to eight convictions ...
China’s Stocks Drop With Aussie on Moody’s Cut
May 24th, 2017
Moody’s lowers China rating on outlook for financial strength Equities in Japan, Australia and South Korea all higher China’s stocks declined after Moody’s Investors Service cut its rating on the country’s debt, saying the outlook for its financial strength ...
