Search Results for: Chinese
Gold Falls With Yen as Haven-Asset Flight Eases: Markets Wrap
January 18th, 2017
Asian emerging-market currencies rise on dollar weakness Yen retreats as the currency ends seven days of strength The flight to haven assets eased following the biggest drop in the dollar since July with moves in the yen, Treasuries and ...
Gold and Yen Extend Rallies on EU, Trump Concerns: Markets Wrap
January 17th, 2017
May said ready to announce U.K. will leave EU single market IMF lifts its growth forecast for China to 6.5% in 2017 Lingering concern over Donald Trump’s policies and the U.K.’s position in the European Union accelerated a move ...
Gold price boosted by hard Brexit fears
January 16th, 2017
Prospect of leaving single market – plus doubts over Donald Trump effect in US – sees traders rush to ‘safe haven’ Gold is being boosted this morning as concerns over a hard Brexit dominate the market commentary. Reports indicate ...
The Path to $10,000 Bitcoin
January 16th, 2017
So let’s imagine a scenario in which tens of trillions of at-risk wealth suddenly seek an alternative–any alternative to staying in an asset class that’s circling the drain. As my colleague Davefairtex observed recently, the paint isn’t quite dry ...
Dollar edges up from 5-week low vs yen, markets brush off China trade data
January 13th, 2017
The dollar inched up from a five-week low against the yen and steadied against the broader basket of currencies on Friday, while the markets brushed off softer-than-expected Chinese exports figures. The dollar last stood at 115.04 yen JPY=EBS, up ...
FTSE 100 extends a record-breaking run
January 11th, 2017
European stocks rose Wednesday, with London striking another record pinnacle on the sliding pound and rebounding commodity prices. Sterling fell as weak official trade data offset bright industrial output figures — and the currency’s slide gave a fresh impetus ...
The price of Bitcoin falls 10% as China plans to investigate exchanges
January 11th, 2017
The price of bitcoin fell by around 10 percent after Chinese authorities announced plans to inspect bitcoin enterprises. The People’s Bank of China published an announcement this morning that it will carry out site inspections on January 17 to ...
Asian Shares Climb Amid Metals Bounce as Yen Slips: Markets Wrap
January 11th, 2017
Iron ore, copper lead materials higher on China growth signs U.S. shares meandered amid angst before Trump media conference Asian stocks rallied, led by a surge in mining companies, after evidence of quickening price growth in China boosted industrial ...
Bitcoin’s Price Volatile at $900 as China Concerns Linger
January 10th, 2017
Bitcoin prices experienced intense price volatility on 9th January, continuing a trend that’s been the new normal since late last week. Prices fell nearly 5% in less than two hours across global exchange today, declining from an opening price ...
Dollar Drops Further While Asia Stocks Are Mixed: Markets Wrap
January 10th, 2017
U.S. currency continues slide from peak at start of year Japanese shares slump, Hong Kong equities gain for fourth day The dollar slumped for a second day, continuing its slide from a multi-year peak at the beginning of 2017. ...
