Search Results for: Global gold
Oil steadies after big fall, but soaring U.S. crude output still weighs
March 8th, 2018
Oil prices steadied on Thursday, supported by healthy demand, after falling the previous day on the back of record U.S. crude production and rising inventories. Brent crude futures LCOc1 were at $64.46 per barrel at 0506 GMT, up 12 ...
Euro slid after Italian election results; Here are some key events coming up this week
March 5th, 2018
Asian equities declined on continued investor concern about the impact of American tariffs on the global economy. The euro slid after initial results from the Italian election suggested a hung parliament. Stocks fell from Tokyo to Sydney, with the ...
Currency exchange value dynamics
March 2nd, 2018
In a recent article I postulated that the dollar could lose all its purchasing power with a rapidity that will come as an unpleasant bombshell, even to those who already see inflation as society’s greatest problem in the ...
A Roman lesson on inflation
March 1st, 2018
“While it is the duty of the citizen to support the state, it is not the duty of the state to support the citizen” – President Grover Cleveland The point President Cleveland made back in the 1880s was that ...
The Japanese yen rose, the euro was down; Asian stocks sell off
February 28th, 2018
Asian stocks followed their U.S. counterparts lower after hawkish comments from Federal Reserve Chair Jerome Powell and weaker-than-expected economic data from China and Japan. The yen strengthened after the Bank of Japan reduced longer-dated bond purchases. The MSCI Asia ...
European stocks end higher as Wall Street extends its rally
February 27th, 2018
European stocks closed in the green Monday, with investors starting the week in the mood to take on risk following Friday’s rally on Wall Street, and as U.S. stocks extended their march higher. How markets are trading The Stoxx ...
Asian shares mostly firmer, dollar loses early edge
February 26th, 2018
Asian shares made guarded gains on Monday as investors braced for an event-packed week headlined by U.S. inflation data and the first House testimony by the new head of the Federal Reserve. Spread betters also pointed to a stronger ...
The Yen jumped 0.4 percent to Dollar, Euro was little changed; Asian stocks declined
February 22nd, 2018
Asian stocks declined with U.S. equity index futures as investors worried surging bond yields after the Federal Reserve’s latest comments on the economy will test equity valuations. The yen advanced for the first time in five days. Despite the ...
China’s mobile payments skyrocket in 2017
February 21st, 2018
China’s mobile payments in 2017 totaled 81 trillion yuan, or US$12.77 trillion, as of October according to a report from the Xinhua news agency this week. The volume crushed the total for the whole of 2016, which came in ...
The Euro and the Yen rose; Japanese stocks extended a rally
February 16th, 2018
Japanese stocks extended a rally in global equities even as the yen rose to its strongest in 15 months, with trading muted due to holiday closures across Asia. Australian shares closed slightly lower, but with most major markets across ...
