Search Results for: interest rates
The pensions mess: can gold help?
June 14th, 2016
The British have recently seen two unpleasant examples of the cost of pension fund deficits. A deficit at British Steel, estimated to be about £485m, was followed by a deficit at British Home Stores of £571m. In both cases, ...
Brexit: All you need to know for UK’s EU referendum
June 13th, 2016
What is happening? A referendum is being held on Thursday, 23 June to decide whether Britain should leave or remain in the European Union. This article is designed to be an easy-to-understand guide – if you have any questions ...
Oil prices fall back below $50 as economic concerns rise
June 13th, 2016
Oil prices fell in early trading on Monday, pulled down by rising economic concerns in Asia and a related strengthening in the U.S. dollar, which makes fuel imports for countries using other currencies more expensive. International Brent crude oil ...
Silver Acting Like ‘Gold on Steroids’ as Assets Near Record High
June 10th, 2016
ETFs backed by silver have seen assets increase for 8 days Prices are up 25% in 2016, tracking similar rally in gold For all the concerns whether the rally in precious metals will last, investors are close to making ...
Oil, Metals Rally as Fading Fed Move Prospects Keep Dollar Weak
June 9th, 2016
China markets closed; consumer prices rise as May PPI slips Kiwi strengthens; Japanese shares decline as yen advances Oil and metals advanced as mounting speculation the Federal Reserve will hold off on raising interest rates until later in the ...
ECB published its Convergence Report 2016 for Bulgaria, Romania, Poland and another four Countries
June 8th, 2016
The period covering the latest rounds of EU enlargement has seen many countries making considerable progress towards participating in Economic and Monetary Union (EMU) The seven countries under review comply with most of the quantitative economic criteria, but none ...
Sweden’s Riksbank Deputy Governor: Too few homes are being built in Sweden
June 8th, 2016
“A better balance between supply and demand is needed on the Swedish property market.” These are the words of First Deputy Governor Kerstin af Jochnick, speaking on Thursday at property magazine Fastighetsvärlden’s seminar, Fastighetsdagen, in Stockholm. Af Jochnick points ...
Why the bitcoin has become China’s new darling
June 8th, 2016
Speculation over yuan devaluation and the mainland’s anti-corruption drive have contributed to the currency’s growing popularity Bitcoin has become the new darling of mainland punters amid a slumbering stock market, heightened expectations of the yuan’s devaluation and even the ...
Asian Stocks Rise With Won on China Trade Data; Oil Above $50
June 8th, 2016
Chinese imports rose in yuan terms for first time since 2014 Shanghai, Hong Kong shares pare losses as kiwi strengthens Asian stocks recovered from earlier losses and South Korea’s won extended gains as Chinese trade figures added to evidence the ...
Dollar wallows near four-week lows as Yellen sounds cautious note
June 7th, 2016
The dollar edged up but still wallowed close to four-week lows against a basket of currencies on Tuesday, after Federal Reserve Chair Janet Yellen’s remarks failed to toss a lifebuoy to the recently foundering greenback. The dollar index, which ...
