Search Results for: interest rates
Can state spending ever be cut?
March 22nd, 2017
President Trump was elected on several promises, including one that he would fund tax cuts by cutting public spending. Cynics might note that his first action was to increase spending on the military by $54bn, the equivalent of six ...
Dollar slips, euro edges up
March 21st, 2017
The dollar was on the defensive in Asian trading on Tuesday, after Chicago Federal Reserve President Charles Evans reinforced the perception that the U.S. central bank won’t accelerate the pace of its interest rate hikes. The dollar index, which ...
Gold prices jumped; Values could go higher
March 20th, 2017
GOLD PRICES have jumped this week – and could go higher – after the dollar weakened amid lower expectations of rapidly rising US interest rates, sad experts. The precious metal saw its value push to a two-week high of ...
Morgan Stanley: 5 Reasons why Pound Sterling Will Soon Rally against the Euro and Dollar
March 20th, 2017
Pound to Euro exchange rate: 1.1521 Pound to Dollar exchange rate: 1.241 The British Pound remains near multi-year lows against the Dollar, Euro and a host of other major currencies. Indeed, performance charts show that the past year has ...
Bank of England announced Bank Rate held at 0.25%
March 17th, 2017
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 15 March 2017, the Committee voted ...
Asia Emerging-Market Stocks Gain While Topix Slips: Markets Wrap
March 17th, 2017
Dollar poised for biggest weekly loss in more than a month Indonesian shares reach record; Treasuries move higher An equities rally spurred by the Federal Reserve’s outlook found some life in Asian emerging markets, even amid a slump in ...
Why the US Dollar Fell
March 16th, 2017
The US Dollar exchange rate complex came under pressure following the US Federal Reserve’sdecision to raise interest rates 0.25% ensuring their upper band on interest rates sits at 1.0%. However, this was expected and cannot be said to be ...
Oil prices extend gains after drop in U.S. stockpiles
March 16th, 2017
Crude oil prices rose on Thursday to extend gains from the previous session after official government data showed U.S. stockpiles had eased from record highs. Prices surged on Wednesday after a slew of market reports and official data offered ...
Global Stock, Bond Rally Spurred by Central Banks: Markets Wrap
March 16th, 2017
Gold and oil advance while dollar maintains losses on Fed move Yen steady as BOJ stays the course; euro jumps on Dutch vote Central banks ruled over financial markets, as the Federal Reserve’s move to raise interest rates without ...
Another market regulator warns for the risks in trading of Binary Options with unregulated platforms
March 14th, 2017
The Monetary Authority of Singapore (MAS) today issued a warning to investors on the trading of binary options with unregulated platforms. This comes in the wake of an increase in the number of complaints from investors who have suffered ...
