Search Results for: Gold prices
Asia markets trade mixed as Nikkei extends losses
February 5th, 2016
Asian markets came under pressure on Friday, despite a positive finish on Wall Street overnight, as a newly weaker dollar brought fresh concerns. “The U.S. dollar basket has lost 3.2 percent since the close on Friday and 2.3 percent ...
EU on brink of ‘terrifying crisis’ Five of Europe’s big banks are in danger, warns expert
February 4th, 2016
Some of Europe’s biggest banks are on the brink for a crisis that echoes the 2008 meltdown, a finance expert warned today, as fears over the global economy escalate. Deutsche Bank, Credit Suisse, Santander, Barclays and RBS are among ...
Surprises in store…
February 3rd, 2016
The month of January has been a wake-up call for complacent equity investors. From the peaks of last year stock indices in the major markets have fallen 10-20%, give or take. On their own, these falls could be read ...
Welcome To The Currency War, Part 21: Japan Goes Negative; US To Return Fire In 2016
February 1st, 2016
Well that didn’t take long. Two weeks of falling share prices and the European and Japanese central banks caved. First the ECB promised new stimulus — which the markets liked — and then the BoJ upped the ante with ...
Saudi to seek foreign non-oil investors as crude slumps
January 25th, 2016
Saudi Arabia aims to at least double annual inflows of foreign direct investment (FDI) over the next 10 years by focusing on new sectors such as mining, health care and information technology, the head of its investment agency said ...
Out of the mouths of babes…
January 22nd, 2016
Parents will tell you the most difficult questions to answer sometimes come from their children. Here are some apparently innocent questions to ask of economists, journalists, financial commentators and central bankers, which are designed to expose the contradictions in ...
Davos 2016: eight key themes for the World Economic Forum
January 19th, 2016
Political and business leaders gather at Swiss ski resort to discuss issues including robots, terrorism, migration and inequality The world’s political and business leaders, plus the usual smattering of celebrities – including Leonardo DiCaprio – are heading to Davos, ...
Asia markets close mostly down; Japan, Australia near bear markets
January 18th, 2016
Markets in Asia closed mostly lower Monday, on the back of another Wall Street sell-off Friday. Major indexes in Australia and Japan were nearing bear market territory, down over 18 percent from their 52-week highs. Down Under, the Australian ...
Austrians get (some) mainstream credibility
January 15th, 2016
Well, well: who would have believed it. First the Bank for International Settlements comes out with a paper that links credit booms to the boom-bust business cycle, then Britain’s Adam Smith Institute publishes a paper by Anthony Evans that ...
Asia stocks retrace gains; Shanghai tumbles 3.7%
January 15th, 2016
Major Asian stock markets struggled to hold onto their morning gains Friday, despite a positive finish from Wall Street overnight. In another late spate of sell-offs, the Shanghai composite down 3.97 percent and Shenzhen composite 2..85 percent lower in afternoon trade. The ASX 200 closed ...
