Search Results for: China
Early Traders Review: The Euro and Yen up against the Dollar; Asian Stocks fell
September 17th, 2018
Asian stocks fell with emerging-market currencies after the latest U.S. move to place a further tranche of tariffs on Chinese goods and amid signs some central banks are struggling to stabilize their currencies. The dollar maintained gains. Shares in ...
European stocks end lower; What is driving the market?
September 14th, 2018
Europe’s main stock gauge gave up modest early gains to close slightly lower on Thursday, with the U.K. leading the way lower as the pound strengthened against a broadly weaker U.S. dollar. What are markets doing? The Stoxx Europe ...
Diamond prices continued to soften during the quieter summer period
September 13th, 2018
Diamond prices continued to soften during the quieter summer period, reports Rapaport in its diamond index for August. Factors such as the closure of bourses in Belgium and Israel caused prices for 0.30-, 0.50-, and one-carat diamonds to fall ...
U.S. Dollar slides as demand grows for emerging-market currencies
September 13th, 2018
The U.S. dollar slid Wednesday as hopes for easing trade tensions between the U.S. and China helped boost demand for emerging-market currencies. The WSJ Dollar Index, which measures the U.S. currency against a basket of 16 others, fell for ...
Emerging currencies hit 17-month low over fears of trade war escalation
September 12th, 2018
The sell-off in emerging markets deepened on speculation the US and China trade war will escalate. Currencies slumped to their lowest level since April 2017 as Goldman Sachs said its models signaled further declines for some developing nations. Stocks ...
Online payment services make big IPO waves this year; Global IPO rankings in 2018
September 11th, 2018
The over $5 billion initial public offering in Hong Kong of Xiaomi, the world’s No. 4 smartphone maker, may have made the biggest splash in the global initial public offering market in the first half of the year, but ...
Early Forex Review: Euro, sterling rise on hopes for Brexit deal
September 11th, 2018
The euro and sterling rose against the dollar on Monday after the European Union’s top negotiator said an agreement for Britain to leave the economic bloc might be reached in the coming weeks. The pound in particular had been ...
Oil prices rose as U.S. drilling for new production stalled
September 10th, 2018
Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November. U.S. West Texas Intermediate (WTI) crude futures were at ...
European Markets Review: European shares dropped to their lowest level in five months
September 7th, 2018
European shares dropped to their lowest level in five months on Thursday as worries over trade weighed and tech stocks came under pressure. In a volatile session which saw the STOXX 600 seesaw in and out of positive and ...
Dollar dips as Pound bounce; Emerging currencies seen curbing safe-haven dollar’s fall
September 6th, 2018
The dollar sagged on Thursday as the pound led a bounce in European currencies, although skittish emerging market currencies and global trade concerns limited the greenback’s losses. The Australian dollar also dipped, failing to draw support from slightly better-than-expected ...