Search Results for: Trump
Energy giants to begin talks for Cyprus gas
December 22nd, 2016
Cyprus Energy Minister Giorgos Lakkotrypis said on Wednesday that Italy’s ENI, France’s Total, and Qatar Petroleum with American ExxonMobil – headed by US president-elect Donald Trump’s choice for secretary of state, Rex Tillerson – are the energy firms that ...
Bitcoin passes the $800 mark
December 22nd, 2016
The digital currency bitcoin has passed the $800 value for the first time since February 2014. Bitcoin crossed the threshold around 11:40pm GMT and is currently trading around $815. Charles Hayter, chief executive and founder of digital currency comparison ...
British Pound vs Dollar, Euro: The Only Way is Up in 2017 Forecasts Nordea
December 22nd, 2016
After one of the worst years in its history, the British Pound could make a comeback in 2017 according to Nordea Market’s FX Strategist Aurelija Augulyte. “2016 was a disaster for the GBP, as the unexpected Brexit vote knocked ...
Asian Equities Gain as Dow Hits Record, Oil Climbs: Markets Wrap
December 21st, 2016
Investors shrug off Europe terror events, eye U.S. economy Yen rebounds after weakening to lowest level since February Asian stocks followed advances in U.S. and European equities as the prospects of faster U.S. economic growth propelled markets toward the ...
Bitcoin crushed every other currency in 2016. Here are five reasons why
December 20th, 2016
Bitcoin, that nebulous digital currency that trades in cyberspace and is “mined” by code-cracking computers, emerged as a better bet this year than every major currency, stock index and commodity contract. The electronic coin that trades – and is ...
Asian Shares Fall on Europe Turmoil; Yen Weakens After BOJ Move
December 20th, 2016
Japanese shares erased losses and the yen weakened after the Bank of Japan upgraded its assessment of the world’s second-largest economy. Gold retreated and treasuries dropped. Japan’s Topix index erased earlier declines after the central closed a tumultuous year ...
Major Economic Warning Sign: The Euro Is Heading For Parity With The U.S. Dollar
December 19th, 2016
The collapse of the euro is accelerating, and it looks like we could be staring a major European financial crisis right in the face early in 2017. On Thursday, the EUR/USD fell all the way to $1.0366 at one ...
KPMG UK has announced an increase in revenues; breaks £2bn barrier
December 19th, 2016
KPMG has announced an increase in revenues from £1,958m to £2,068m. Mid-market tax, transaction services and management consulting achieved double digit growth The firm created approximately 1,500 new jobs, with total staff now just over 13,000 KPMG, the professional ...
Dollar Extends Loss Amid Drone Concern, Oil Rises for Second Day
December 19th, 2016
China seized U.S. drone in international waters in Asia Japan shares fall for first time in three days as yen gains The dollar retreated versus most major peers, as heightened geopolitical tensions over China’s seizure of a U.S. naval ...
The Fed Lifts Interest Rates On Outlook For Firmer Growth
December 16th, 2016
The Federal Reserve announced an increase in interest rates yesterday, nudging its target rate up by 25 basis points to a 0.50%-to-0.75% range. The central bank’s revised economic projections were slightly more hawkish too. Meantime, the government yesterday reported ...
