Search Results for: Global gold
Bitcoin best performer of 2016, outlook bullish for next year
December 27th, 2016
Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 Bitcoin has emerged as the most remunerative asset in 2016. Analysts are bullish on the asset class which has surpassed almost all others. Even gold, which was ...
Outlook for 2017
December 26th, 2016
We exit 2016 on a tide of investor optimism. At long last, there will be a businessman in charge of the US economy in the form of a new president, and the stimulation he will provide is of tax ...
Asian shares fell on the last trading day before Christmas
December 23rd, 2016
Hong Kong, Chinese stocks among worst performers on tightening Crude oil drops as most government bond yields head higher Asian shares fell on the last trading day before Christmas as Chinese equities extended their losses amid concerns over rising ...
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 ...
Trump, Russia and China
December 19th, 2016
Even before he takes office, President-elect Trump is turning the world upside down. It has become clear his attitude towards Russia and China is very different from that of his predecessors. Amazingly, he is already wresting power from the ...
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 ...
European shares move towards 11-month high on stronger banks
December 15th, 2016
STOXX Europe 600 index up 0.2 pct Banks advance on Fed’s move, hints Precious metals miners among top fallers European shares rose on Thursday, helped by gains in global banks following the U.S. Federal Reserve’s interest rate hike overnight, ...
Asian Stocks, Dollar Steady as Fed Day Arrives; Crude Retreats
December 14th, 2016
Asian Stocks, Dollar Steady as Fed Day Arrives; Crude Retreats Odds of a rate hike Wednesday have been at 100% all month Crude snaps four-day OPEC rally after U.S. supplies rise Markets were subdued during the Asian day as ...
Why Europe must end in tears
December 11th, 2016
The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing to give it more power. The ...