Search Results for: Bank of America
Warning Signs About Another Giant Bitcoin Exchange
November 22nd, 2017
As the price of Bitcoin has soared, the virtual currency has edged toward the mainstream. Square, the fast-growing payments company run by the Twitter co-founder Jack Dorsey, has begun selling Bitcoins to ordinary consumers, and the Chicago Mercantile Exchange ...
What Drives The Oil Prices Rise
November 22nd, 2017
Oil prices rose on Wednesday as ongoing cuts of piped Canadian crude to the United States added to falling U.S. crude inventories, while expectations of a prolonged OPEC-led production cut also offered support. U.S. West Texas Intermediate (WTI) crude ...
The Euro Rose, Asian stocks recovered; Key Events to Watch This Week
November 21st, 2017
Asian stocks recovered some of their recent losses, with Chinese shares bouncing from recent declines, as traders put on hold concerns about U.S. tax reforms and European political issues in a holiday-shortened week in America. Treasuries and the dollar ...
Cryptos may destabilise fiat
November 17th, 2017
The assumption in some quarters is that crypto-currencies will replace gold as money, or at least challenge it. This is an error borne out of a misunderstanding of catallactics, or the theory of exchange. It also ignores the fact ...
A review of the main moves in Stocks, Currencies, Bonds and Commodities
November 13th, 2017
Equities in Asia put in a mixed start to the week as investors sought fresh catalysts after last week’s run to record highs. The British pound took a hit as pressure mounts on U.K. Prime Minister Theresa May after ...
Gold, Goldmoney and Menē
November 3rd, 2017
Gold, ornamentation and money: that was the sequence of events. Man discovered gold, found it malleable, durable and attractive. It was first used for ornamentation, then as social economics evolved into the division of labour, its value as ornamentation ...
The yen and the won rose; The euro was flat
November 3rd, 2017
Equities in Asia were mixed as investors assessed the latest news on U.S. tax-cut plans and looked ahead to Friday’s American jobs report. The Australian dollar took a hit and bond yields headed lower after retail sales data raised ...
Oil for gold – the real story
October 27th, 2017
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...
Mastercard introduces solution for managing digital footprint
October 24th, 2017
New solution will help the 60 percent of people who say they don’t know where their card credentials are stored Do you know all the places you’ve stored your payment card details? From shopping sites to billers, keeping track ...
A Market That is Finally Warming Up to Reverse Mortgages
October 24th, 2017
While the global pension crisis looms, the Brexit move may not have been a bad decision at all. The UK is seeing a greatly reduced pension deficit of £65 billion, which is a fair amount less than their American counterparts ...
