Search Results for: currencies
Why economists cannot forecast recessions
July 28th, 2017
The purpose of this article is to draw the widest attention to the chronic inability of the economic establishment to forecast recessions. Next time you hear an economist make a prediction on mainstream media, your default assumption should ...
7 Cryptocurrency Predictions From the Experts
July 28th, 2017
Fortune convened some top cryptocurrency entrepreneurs, venture capitalists, bankers, and others to chat about the future of digital money at Fortune’s Brainstorm Tech conference in Aspen, Colo. last week. A select group met at the Aspen Institute for a ...
How Canadians invest their money; Salesforce 2016 Investor Report Findings
July 27th, 2017
Whether you’re an investor, advisor, or entrepreneur seeking investment, Salesforce’s recently published 2016 Connected Investor Report can help you navigate the financial landscape. Salesforce Research surveyed 7,900 adult investors, 4,944 of whom currently have money invested, in six global ...
Aussie Is Slowing Down After It Touched a Two-Year High
July 27th, 2017
The Australian dollar has been one of the worst-performing currencies early on Wednesday. Aussie has been depreciated during the Asian session yesterday as the CPI report released by the Reserve Bank of Australia fell short of market forecasts. The ...
Dollar sank, euro added 0.2 percent and the Aussie extended gains; Early Forex review
July 27th, 2017
The dollar sank and Treasuries climbed after the Federal Reserve signaled that inflation remains persistently below its target even as the economy picks up steam. Asian stocks rose to the highest in almost a decade on optimism about corporate ...
How Bitcoin is infiltrating the $60bn global art market
July 26th, 2017
Why is the art world getting excited about digital currency Bitcoin and its underlying technology blockchain? Eleesa Dadiani owns and runs an art gallery in London’s famous Cork Street. She was born in Georgia in the Caucasus and was ...
Yen advanced, Euro and Australian dollar rose
July 25th, 2017
Asian equities were mixed ahead of the U.S. Federal Reserve’s policy decision and as investors sifted through earnings from companies including Alphabet Inc. Oil rose while the dollar resumed declines. The MSCI Asia Pacific Index fluctuated near a 10-year ...
Notable moves in markets and some key events coming up this week
July 24th, 2017
Stocks Mixed Before Earnings, Fed; Yen Pares Gains Stocks in Asia were mixed at the start of a week packed with earnings results and a Federal Reserve interest-rate decision. Oil remained below $46 a barrel before an OPEC meeting, ...
Bitcoin Surged By $300 in the Past 24 Hours. Here’s Why
July 21st, 2017
After plunging for the majority of July, Bitcoin is clawing back toward its all-time high. The cryptocurrency jumped 15% to $2,628 in trading Thursday, adding about $316 over the course of 24 hours. For comparison, Bitcoin was trading at ...
Dollar returned to its lowest in almost a year; Aussie Falls
July 21st, 2017
Stocks in Asia pared a back-to-back weekly advance while the dollar returned to its lowest in almost a year as investors assess an investigation into the U.S. president that may stall his economic agenda. The Australian dollar plunged the ...
