Search Results for: Swiss economy
Asian shares sank on Friday; The dollar index against a basket of six major currencies was flat
February 9th, 2018
Asian shares sank on Friday, with Chinese equities on track for their worst day in two years, as fears of higher U.S. interest rates shredded global investor confidence. There was limited immediate market reaction to the U.S. government staggering ...
Asian Stocks Advanced; Here Are Some Of The Key Events Coming This Week
December 11th, 2017
Asian Stocks advanced, though volumes were subdued, after U.S. labor market figures lifted optimism on global growth, propelling Wall Street to fresh record highs. The dollar declined. The Nikkei 225 Stock Average reclaimed a 26-year high as Tokyo shares ...
The yen was flat, euro was little changed; Equity markets in Asia were steady
November 14th, 2017
Equity markets in Asia were steady as investors awaited clues on monetary policy from heads of some major central banks and kept an eye on U.S. tax reform developments. Bond yields held recent advances. Japan’s Nikkei 225 Stock Average ...
Oil for gold – the real story
October 27th, 2017
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...
U.S. dollar rallied against most of its main rivals
September 21st, 2017
The U.S. dollar rallied against most of its main rivals Wednesday following the Federal Reserve’s policy statement. The central bank kept its interest rate on hold, but detailed that it would unwind its bloated post-financial-crisis balance sheet starting October. ...
Main moves in the markets and key events coming this week; Asian markets early review
September 6th, 2017
Stocks fell in most Asian markets as nations grapple with how to deal with escalating provocations from North Korea. The yen was near its strongest level for the year and U.S. Treasury yields were at their lowest since the ...
Dollar holds most of gains
August 16th, 2017
The dollar was steady in Asian trade on Wednesday, holding onto most of its gains made after strong U.S. retail sales data kept alive the chance of another Federal Reserve interest rate hike this year. Minutes from the Fed’s ...
The Economist: 31 of 34 Currencies Tracked are Undervalued Against the US Dollar
July 14th, 2017
The latest Big Mac index from The Economist indicates that 31 of the 34 currencies tracked are undervalued against the US dollar. Only the Swiss franc, Norwegian krone and Swedish krona are overvalued. Now in its 31st year, the ...
European markets continue rally after first round of the French election
April 24th, 2017
European markets continue rally after Macron’s victory; French banks soar; CAC up 4% European markets extended gains during mid-afternoon trade on Monday after centrist French presidential candidate, Emmanuel Macron, won the first round of the French election. The pan-European ...
Global Stock, Bond Rally Spurred by Central Banks: Markets Wrap
March 16th, 2017
Gold and oil advance while dollar maintains losses on Fed move Yen steady as BOJ stays the course; euro jumps on Dutch vote Central banks ruled over financial markets, as the Federal Reserve’s move to raise interest rates without ...
