Search Results for: gold price
Euro Jumps on French Result; China Selloff Resumes: Markets Wrap
April 24th, 2017
Investors bet on Macron victory after first round of voting Yen slides, U.S. futures advance while Shanghai shares slump A relief rally amid speculation that pro-growth centrist Emmanuel Macron will become France’s next president was offset by a selloff in ...
Oil recovers lost ground, but market remains under pressure
April 24th, 2017
Oil prices recovered ground on Monday following last week’s big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S. drilling capped gains. U.S. West ...
Trading firm Virtu Financial to buy KCG for about $1.4 billion
April 21st, 2017
Virtu Financial Inc (VIRT.O) said it would buy rival KCG Holdings Inc (KCG.N) in a $1.4 billion deal that brings together two major U.S. electronic trading and market-making firms. The deal comes at a difficult time for high-frequency trading ...
Asia Stocks Drop as China Losses Deepen; Yen Falls: Markets Wrap
April 19th, 2017
Pound holds advance after May calls surprise general election Iron ore gains after sharp losses this week, commodities rise Asian stocks fell as losses in Chinese equities deepened, following weakness in the U.S. amid worse-than-expected corporate earnings. The pound ...
Japan Stocks Tumble, Yen Gains Amid Risk Aversion: Markets Wrap
April 12th, 2017
Gold remains at year’s high as geopolitical concerns linger Treasuries extend gains, oil climbs for seventh session Japanese shares tumbled after the yen jumped to the highest since November as investors avoided riskier assets amid lingering geopolitical concerns. Treasuries ...
The decline and fall of the EU
April 11th, 2017
This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the world stage, but the Commission’s budget is left with an ...
Asia Shares Slump Before Data, Summit; Yen Climbs: Markets Wrap
April 5th, 2017
Investors await Trump-Xi meeting, U.S. jobs data, Fed minutes Shanghai and Taiwan shares advance after holiday breaks Asian equities slipped as investors awaited more clues on U.S. interest rates and economic growth, ahead of a meeting between Donald Trump ...
Asia Stocks Climb as Xi-Trump Meeting Approaches: Markets Wrap
April 3rd, 2017
Chinese and Taiwanese markets are both closed for a holiday Event-laden week also includes U.S. jobs report on Friday Stocks in Asia rose at the start of a busy week that includes a meeting between Xi Jinping and Donald Trump ...
Asia Stocks Mixed on Final Day of Stellar Quarter: Markets Wrap
March 31st, 2017
Rand extends loss after South Africa finance minister fired Dollar maintains gains after Fed officials adopt hawkish tone Asian stocks retreated as investors pulled back on the final day of the biggest quarterly advance in five years for the ...
Oil futures supported by weaker dollar, but bloated supply still weighs
March 28th, 2017
Oil prices rose on Tuesday, supported by a weak dollar, but crude continued to be weighed down by surging U.S. production and uncertainty over whether an OPEC-led supply cut is big enough to rebalance the market. Prices for front-month ...