Search Results for: Gold price
Yen and Kiwi fell, the Euro was down; Key events coming up this week
October 23rd, 2017
A landslide election victory for Japan Prime Minister Shinzo Abe sent the yen down and stocks in Tokyo higher, with the path paved for a continuation of loose monetary policy. With Abe now in good political shape ahead of ...
Leading Expert Says Bitcoin Will Soar Above $25,000 in 5 Years
October 20th, 2017
More and more experts believe that the value of Bitcoin will only continue to go higher in the next couple of years. One expert finds it’s very likely bitcoin could replace gold as the standard of financial value, for ...
Dollar moved to one-week top against a basket of currencies
October 18th, 2017
Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as investors waited to see what policies might emerge from China’s Communist Party conference. The twice-a-decade congress is expected to cement the power of President Xi ...
Dollar advanced against its major G10 peers; Key events coming up this week
October 16th, 2017
Stocks in Asia advanced with bonds after inflation data in the U.S. added to evidence that global growth is continuing steadily with limited price pressures in the American economy. Equity indexes climbed from Tokyo to Sydney with a gauge ...
The euro and yen rose, Singapore dollar slipped; U.S dollar snaps four week rally
October 13th, 2017
The dollar and U.S. Treasury yields were poised to end four weeks of gains as confidence in American tax-cut plans waned somewhat and the Federal Reserve signaled that several policy makers are cautious about another 2017 interest-rate hike. Asian ...
Bitcoin Soars Close to Record High
October 10th, 2017
What wipeout? Buyers blew off fresh warnings about a bitcoin bubble and sent prices above $4,800 on Monday, capping a bullish October run for the digital currency. Prices reached as high as $4,820, which is near the record territory ...
Global stocks are trading near a record high; Investors review
October 10th, 2017
Stocks were mixed on Tuesday as Japan and South Korea reopened, while Treasury yields were steady as trading recommenced after holidays. The dollar declined and Turkey’s lira maintained losses amid tensions with the U.S. that sent it plunging on ...
The dollar’s strength pressured many emerging market currencies
September 28th, 2017
The dollar and U.S. bond yields rose on Thursday after President Donald Trump proposed the biggest U.S. tax overhaul in three decades and as strong U.S. economic data added to the case for a rate hike by the Federal ...
Yen drops on 2 trillion yen stimulus report; The kiwi dollar and euro both slid
September 25th, 2017
The yen declined on speculation Japan’s prime minister will press for a stimulus package alongside his expected call for a snap election — sending the nation’s stocks higher. The kiwi and euro both slid as ballot results foreshadowed potentially ...
The forthcoming global crisis
September 22nd, 2017
The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the credit cycle. Most national economies are directly boosted by China, ...
