Search Results for: gold price
Review on how Asian markets move; Yen gains, Asia stocks stall
August 23rd, 2017
Donald Trump grabbed investors’ attention in an otherwise listless Asian trading session, with the yen rising and S&P 500 Index futures slipping with the Mexican peso as the U.S. president said he may end the North American Free-Trade Agreement. ...
The fiscal benefits of free trade
August 18th, 2017
The fiscal benefits of free trade Western governments have an overriding problem, and that is they have reached or exceeded the bounds of taxation, at a time when legally mandated welfare costs are accelerating. Treasury departments in all ...
Dollar drops, the Yen and Euro rose, the Aussie added 0.1 percent: Brokers review
August 17th, 2017
Dollar drops; Aussie extends advance after base-metal surge Fed minutes show officials concerned about low inflation Most Asian stocks rose, led by technology shares after stellar earnings at Internet giant Tencent Holdings Ltd. The yen climbed and the dollar ...
If bitcoin was a stock, it would be the seventy-fourth biggest by market capitalization
August 16th, 2017
If bitcoin was a stock, it would be the seventy-fourth biggest by market capitalization, on the S&P 500. Bitcoin hit a record high of $4,483.55 on Tuesday. Bitcoin’s market capitalization reached as high as $73.5 billion, within touching distance ...
Yen rose while Australian dollar fell; Key events coming this week
July 31st, 2017
Asian raw-material producers advanced after a surge in commodity prices bolstered optimism the global economy can gather momentum. Oil extended last week’s strongest rally this year. BHP Billiton Ltd., Rio Tinto Ltd. and Nippon Steel & Sumitomo Metal Corp. ...
Why economists cannot forecast recessions
July 28th, 2017
The purpose of this article is to draw the widest attention to the chronic inability of the economic establishment to forecast recessions. Next time you hear an economist make a prediction on mainstream media, your default assumption should ...
Dollar sank, euro added 0.2 percent and the Aussie extended gains; Early Forex review
July 27th, 2017
The dollar sank and Treasuries climbed after the Federal Reserve signaled that inflation remains persistently below its target even as the economy picks up steam. Asian stocks rose to the highest in almost a decade on optimism about corporate ...
How can the Fed possibly unwind QE?
July 21st, 2017
There are currently two important items on the Fed’s wish list. The first is to restore interest rates to more normal levels, and the second is to unwind the Fed’s balance sheet, which has expanded since the great financial ...
Cryptocurrency market a ‘ticking time-bomb,’ says ethereum co-founder
July 20th, 2017
Initial coin offerings (ICOs), or a means of crowd funding for blockchain technology companies have caught too much attention, according to the co-founder of the ethereum network Charles Hoskinson who says it’s time for things to cool down in ...
The main moves in markets: Dollar remains at the weakest level; Global bonds climb
July 19th, 2017
Global bonds climb as U.S. equities eke out fresh record highs Dollar remains at the weakest level in nearly a year Asian stocks advanced and futures pointed to higher starts to U.K. and U.S. equity trading as Treasuries steadied ...