Search Results for: china
Oil prices fall one percent amid global stock market slump
October 25th, 2018
Oil prices fell by around one percent on Thursday, coming under pressure from sharp selloffs in global stock markets, with U.S. stocks posting the biggest daily decline since 2011 to wipe out the year’s gains. Front-month Brent crude oil ...
Money-laundering watchdog to set first cryptocurrency rules by June
October 22nd, 2018
The global watchdog for money laundering will set up its first rules on oversight of cryptocurrencies by June, a major step towards creating international standards for an asset currently subject to patchy regulations. The Paris-based Financial Action Task Force ...
Euro, Sterling try to steady as traders keep wary eye on Italy budget, Brexit
October 22nd, 2018
The euro and the British pound managed to hold steady against the dollar on Monday as investors cautiously awaited developments around Brexit as well as Italy’s budget plan which drew heavy criticism from the European Union. The dollar was ...
Asian stocks and Japanese Yen fell; The main moves in financial markets
October 19th, 2018
Asian stocks posted further losses Friday after another slide in the U.S. overnight. China’s equities reversed losses after verbal intervention by the nation’s top financial regulators, who assured they’ll keep financial risks under control. The MSCI Asia Pacific Index ...
Emerging market currencies are recovering
October 18th, 2018
Emerging market currencies are recovering as U.S. Treasury yields and the dollar falls back from the highs that sparked sharp falls across the developing world. Still, investors expect further volatility for emerging markets, given continued trade tensions between the ...
European stocks are set to open lower Monday morning
October 15th, 2018
European stocks are set to open lower Monday morning, as concerns over Brexit talks, a potential slowdown in the Chinese economy and higher U.S. borrowing costs limited investor appetite. The FTSE 100 is seen little changed from the previous ...
We should ditch GDP as a measure of economic activity
October 10th, 2018
This article exposes the false economic concepts behind GDP, which is only the visible tip of a large iceberg of economic deceit. Describing an increase in GDP as economic growth owes its meagre validity to imprecise definition. An ...
Global stocks extended declines Tuesday
October 10th, 2018
Global stocks extended declines Tuesday, taking European markets past a six month and pulling U.S. equity futures into the red, following a downbeat assessment of world economic growth from the International Monetary Fund and a renewed rise in U.S. ...
Pan-European Stoxx 600 was down Monday morning; Auto stocks led the losses
October 8th, 2018
European markets were lower Monday morning, following broad declines in Asia after China’s central bank cut its reserve requirements for banks. The pan-European Stoxx 600 was down around 0.5 percent during early morning deals, with most sectors and major ...
Dollar stands tall, euro sags as Italian political woes bite
October 3rd, 2018
The dollar stood near a one-month high against its peers on Wednesday as concerns as political wrangling over Italy’s budget plan rattled market sentiment and weighed on the euro. The greenback rose as the euro slumped after a senior ...
