Search Results for: Gold
Stocks In Asia Retreat; The Yen Advanced, Kiwi Dollar Jumped, Euro Traded Flat
November 9th, 2017
Stocks in Asia took a sudden turn lower, led by Japan, as some traders ascribed technically-driven trading after indexes hit historic highs earlier in the day. The yen and gold climbed as investors kept an eye on U.S. President ...
EU commission wants ‘credible’ tax haven blacklist
November 8th, 2017
The European Commission is demanding that member states reach an agreement on an EU tax haven blacklist, in the wake of media revelations of widespread tax avoidance schemes by the wealthy elite known as the Paradise Papers. Pierre Moscovici, ...
Asian Stocks Mixed, Dollar Slips; Japan’s Topix index closed at the highest level since 1991
November 8th, 2017
Asian stocks were mixed as a rally that lifted regional equities to the highest levels in at least a decade stalled. The dollar came under pressure after advancing against G10 peers amid concern about the progress of U.S. tax ...
Bitcoin Price Took A Dive After Breaching New Highs
November 7th, 2017
The price of bitcoin dived on November 6 after reaching an all-time high of $7,590 across global exchanges. The decentralized currency’s value dropped to the $6,950-7,000 range. Bitcoin’s Meteoric Price Rally Hits the Brakes What a difference a day ...
Yen slipped, Korean Won and Aussie Dollar rose; Asian stocks climbed
November 7th, 2017
Asian stocks climbed, with a regional index trading at its highest in a decade, as energy and materials companies benefited from a surge in oil and metals prices. Japan’s Nikkei 225 Stock Average finished at its strongest level since ...
Key financial events coming this week
November 6th, 2017
The yen tumbled to the weakest since March after Bank of Japan Governor Haruhiko Kuroda said it’s crucial for inflation to exceed the 2 percent target. Asian stocks slipped after China’s central bank chief warned again about excessive leverage ...
The yen and the won rose; The euro was flat
November 3rd, 2017
Equities in Asia were mixed as investors assessed the latest news on U.S. tax-cut plans and looked ahead to Friday’s American jobs report. The Australian dollar took a hit and bond yields headed lower after retail sales data raised ...
What is an Initial Coin Offering (ICO)?
November 2nd, 2017
Initial coin offerings have come out of nowhere in 2017 to become the talk of Silicon Valley and Wall Street. Programmers have raised over $3.2 billion this year by selling their own virtual currencies to investors. That is 3,000 ...
Commodity prices likely to rise further in 2018: World Bank
November 1st, 2017
Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing U.S. shale oil production, while the surge in ...
Bitcoin turns 9 and has evolved into a global currency already
November 1st, 2017
Satoshi Nakamoto, the anonymous creator of bitcoin, released the bitcoin whitepaper 9 years ago, on October 31. Since then, based on every indicator imaginable, bitcoin has evolved into a major global currency, store of value, and safe haven asset. ...
