Search Results for: Australia
Investors review: Dollar hits three-year low as bounce sputters, euro shakes off political concerns
January 17th, 2018
The dollar fell to a three-year low against its peers on Wednesday, with an earlier bounce sputtering as the euro edged back after shaking off a potentially negative turn in German politics. The dollar index against a basket of ...
Asian equities’ best start to a year since 2006 continued Tuesday; The euro gained less than 0.05 percent
January 16th, 2018
Asian equities’ best start to a year since 2006 continued Tuesday as most bourses in the region pushed higher. The yen declined amid concern Japanese authorities may want to limit gains that pushed the currency to a four-month high. ...
Brent crude oil rises to $70
January 15th, 2018
Brent crude oil prices rose to $70 a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian drilling activity that points to higher future output in North ...
Traders review: What to watch out for this week, Asian stocks built on the strong start to this year
January 15th, 2018
Asian stocks built on the strong start to this year and headed for a fresh record high amid optimism in global growth. The yen advanced as traders continued to pile out of bets against the Japanese currency. Hong Kong’s ...
These are the main moves in markets: Euro rose, Gold futures advanced, Asian stocks mixed
January 12th, 2018
Asian stocks are set to end the week on diverging paths as Japanese shares declined, while those in Hong Kong extended a record winning streak. Volatility in the Treasuries market subsided and the euro extended its advance. Equities rose ...
Dollar edged higher against a basket of six major currencies
January 11th, 2018
The dollar edged higher against the yen on Thursday after comments by China’s foreign exchange regulator eased concerns that China may reduce its buying of U.S. government bonds. The dollar rose 0.2 percent to 111.70 yen JPY=, pulling away ...
Bitcoin and other cryptocurrencies have crashed 20 per cent on Monday
January 9th, 2018
Bitcoin and other cryptocurrencies including ethereum, litecoin and ripple plummeted in value on Monday after Coinmarketcap removed prices from South Korean exchanges without warning. Prices on South Korean exchanges are typically up to 30 per cent higher than in other ...
Early investors review: Asian equities built on the best start to a year since 2006
January 9th, 2018
Asian equities built on the best start to a year since 2006 as Japanese traders returned from a holiday following new all-time highs for U.S. shares. The yen climbed in an apparent reaction to the Bank of Japan trimming ...
Two leading MENA Fintech hubs signed region’s first FinTech agreement
January 8th, 2018
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Bahrain Economic Development Board (EDB) have entered into a Fintech cooperation agreement, marking a significant first in the MENA region. Signed between two of the ...
Asian equities edged higher, the pound was flat; Here are the main events to watch for this week
January 8th, 2018
Asian equities edged higher ahead of the start of the region’s earnings season this week, with investors betting that the outlook for economic growth and profits is strong enough to support record-high stock prices. The Korean won declined. Shares ...
