Search Results for: Donal Trump
Shanghai stocks extended their worst losses in six months and the dollar’s rally faltered
December 13th, 2016
U.S. oil hovers below $53 a barrel after OPEC-fueled advance Shanghai share index declines as sovereign yield keeps rising Shanghai stocks extended their worst losses in six months and the dollar’s rally faltered as investors weigh the impact of ...
Nikkei hits record high after Wall St boos
December 9th, 2016
Japan’s Nikkei index has hit a one-year high, boosted after Wall Street posted a record close overnight. This was part of a month-long rally since Donald Trump’s election victory and markets hope that he will introduce new stimulus measures ...
Lawyers less trusted than hairdressers – but more than pollsters
December 8th, 2016
Lawyers are less trusted to tell the truth than hairdressers or priests, but those who reach the bench soar in the public’s esteem. That is one finding of the Veracity Index, a poll undertaken by Ipsos Mori since 1983 ...
The price of Bitcoin could hit more than $2,000 in 2017
December 7th, 2016
The price of Bitcoin could hit more than $2,000 in 2017 driven by expectations that U.S. President-elect Donald Trump may introduce economic stimulus policies, which could send inflation soaring and propel the dollar to record highs, a report from ...
Asia Stocks Higher, Australia Bucks Negative Growth Report
December 7th, 2016
Asian shares were broadly higher Wednesday, catching a lift from gains in the U.S., as a weak Japanese yen helped exporters’ stocks on the Nikkei Stock Average. The Nikkei was recently up 0.6% in morning trade. S&P/ASX 200 was ...
Euro steadies after short-covering rally, eyes on ECB and Italy
December 6th, 2016
The euro steadied on Tuesday, having bounced from a near 21-month low set the previous day after Italian Prime Minister Matteo Renzi’s loss in a referendum over constitutional reform, an outcome that traders had widely expected. Renzi announced on ...
Controversial state surveillance bill becomes law in UK
December 5th, 2016
The Investigatory Powers Bill will get royal assent on Tuesday. More than 130,000 people have signed a petition calling for it to be scrapped. Tim Berners-Lee has said it creates a “security nightmare”. Edward Snowden has described it as ...
Italy’s Renzi vows to resign after crushing referendum defeat
December 5th, 2016
Italian Prime Minister Matteo Renzi vowed to resign after suffering a crushing defeat on Sunday in a referendum on constitutional reform, tipping the euro zone’s third-largest economy into political turmoil. His decision to quit after just two and a ...
Euro Slips With Asian Stocks While Bonds Rise as Italy Votes No
December 5th, 2016
Renzi to resign as referendum defeated; Kiwi down as Key quits Yuan falls offshore on Trump tweets; oil drops on U.S. output The euro retreated with stocks, while bonds rose, amid concern the failure of Italy’s referendum on constitutional ...
Credit cycles and gold
December 3rd, 2016
The Trump shock produced some unexpected market reactions, partly explained by investors buying into a risk-on argument,equities over bonds and buying dollars by selling other currencies and gold. This is because President-elect Trump has stated he will implement infrastructure ...
