Search Results for: Gold prices
Currency traders would likely dump the pound in the event of a Brexit
June 23rd, 2016
If the U.K. voted to exit the European Union (EU), currency traders would likely dump the pound and send funds into the dollar, FX pros said. The Brexit referendum, which will decide whether the U.K. remains in the 28-member ...
Europe expected to pause after strong gains
June 21st, 2016
European stocks traded slightly lower on Tuesday, taking a breather after sharp gains seen in the previous session following polls that allayed fears of a Brexit. The pan-European STOXX 600 was down 0.13 percent with major bourses and sectors pointing in ...
Asia shares rise, sterling steadies ahead of Brexit vote
June 21st, 2016
Asian shares rose after a tentative start on Tuesday, cautiously extending a rally triggered by growing expectations that British voters will opt to remain in the European Union in this week’s referendum. MSCI’s broadest index of Asia-Pacific shares outside ...
Brexit is getting the blame
June 17th, 2016
Brexit is not the most important problem facing markets, it is mounting problems in the European banks. But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before ...
Iran’s Oil Comeback May Already Be Over
June 16th, 2016
Crude output may peak in 2016 at 3.6-3.8 million barrels a day Investors facing sanctions, political risk in entering country Iran easily beat expectations with its speed in boosting oil exports after the lifting of sanctions. Without an injection ...
Fed expected to hold rates steady as Brexit vote clouds outlook
June 15th, 2016
The Federal Reserve is expected to keep interest rates unchanged on Wednesday and signal if it still plans to raise rates twice in 2016 amid concerns about a U.S. hiring slowdown and Britain’s possible exit from the European Union. ...
Asian Stocks Advance Before Fed as Pound Halts Slide; Oil Sinks
June 15th, 2016
Yuan hovers near five-year low after MSCI’s China ruling Japanese bond yields drop to new records as copper gains Asian shares rose, rebounding from the steepest selloff in global stocks since January, as currency markets stabilized ahead of the ...
Bitcoin Price Hits Two-Year High
June 14th, 2016
The price of the digital currency bitcoin hit a two-year high, trading above $700 on Monday morning after it spiked 21% over the weekend as traders raced in front of an unusual event called the “halving,” an adjustment to ...
George Soros Is Preparing For Economic Collapse – Does He Know Something That You Don’t?
June 13th, 2016
Why is George Soros selling stocks, buying gold and making “a series of big, bearish investments”? If things stay relatively stable like they are right now, these moves will likely cost George Soros a tremendous amount of money. But ...
An Everyman’s Guide To Understanding Cryptocurrencies
June 13th, 2016
Cryptocurrencies have a role that could increase as global currencies are devalued. When an asset rises by almost 30% in a few weeks, it tends to attract attention. Recently, that asset was bitcoin (BTC). The price of BTC in ...
