Search Results for: Big Four
Bonds Selloff Abates as Dollar Snaps Trump Rally; Oil Rebounds
November 15th, 2016
Emerging-market stocks, currencies have first gains in a week Japan bonds fall after auction; 10-year yield touches zero The fallout from Donald Trump’s election to the U.S. presidency showed signs of moderating in financial markets with benchmark Treasuries and emerging-market ...
Global Markets Rocked as Traders See Likelihood of Trump Victory
November 9th, 2016
S&P 500 futures tumble by 5% limit as Mexican peso plunges Gold jump by most since 2009, surging with yen, Treasuries Global markets were thrown into disarray as results from the U.S. election indicated that Donald Trump may prevail ...
Ex-Wall Street exec sentenced to jail in a $38 million investment fraud case
November 7th, 2016
An Ivy league-educated financier who defrauded friends, family and even a 9/11 victim’s relatives of more than $38 million to feed a gambling habit was sentenced Friday to four years in prison by a Manhattan federal judge. Andrew Caspersen, ...
Gold Climbs as Vote Jitters Hit U.S. Stock Futures, Mexican Peso
November 3rd, 2016
Polls point to a close race ahead of presidential election Bullion, yen boosted by haven demand as dollar extends slide Investors are becoming more jittery amid a tightening race for the U.S. presidency, sending gold higher for a sixth ...
Asia Stocks Drop With Mexican Peso as Election Angst Boosts Gold
November 2nd, 2016
Havens buoyed after poll shows Trump edging ahead of Clinton Kiwi climbs after jobs data damps outlook for more rate cuts A global equities selloff deepened in Asian trading and Mexico’s peso weakened as polls indicated a tightening race ...
Asian Stocks Rise With Metals on China PMI as RBA Boosts Aussie
November 1st, 2016
Australian rate-cut bets pared after central bank meeting China manufacturing gauges increase to two-year highs Asian stocks reversed losses and industrial metals rallied after an unexpected pickup in manufacturing in China, the biggest driver of global economic growth. Australia’s ...
Asian Energy Stocks Fall as OPEC Split Hits Oil; Dollar Gains
October 31st, 2016
Crude drops after OPEC talks end without individual quotas Gold rises after FBI reopens probe of Clinton’s emails Asian energy stocks fell with oil after the world’s biggest crude producers failed to agree on supply cuts, while rising metals prices ...
India to overtake US as ecommerce superpower
October 29th, 2016
India is set to overtake the US as the world’s second largest ecommerce market within the next 20 years thanks to a young, connected and growing middle class, according to research from Worldpay. While India accounts for less than ...
This is the darkest hour in global currency market that haunts currency traders
October 27th, 2016
In the global currency market, the darkest hour comes just as dawn is breaking in Asia and traders in Sydney are sipping their first flat white. Between the New York close and the start of trading in Tokyo, foreign-exchange ...
Asian Stocks Rise With Industrial Metals as Fed Bets Buoy Dollar
October 25th, 2016
Nidec, SK Hynix rally after earnings; Apple reports Tuesday Kospi drops as South Korea tourism threatened by China spat Asian stocks rose to a two-week high and industrial metals advanced, buoyed by a generally upbeat corporate earnings season and ...