Search Results for: Bank of China
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 ...
How quickly will the dollar collapse?
January 8th, 2018
This might seem a frivolous question, while the dollar still retains its might, and is universally accepted in preference to other, less stable fiat currencies. However, it is becoming clear, at least to independent monetary observers, that in ...
Investment prospects for 2018
December 29th, 2017
Predicting the future is a mug’s game, and in financial markets we simply cannot know tomorrow’s prices. All we can do is make assessments of the factors that can be expected to influence them. Economists’ forecasts today, with ...
Agricultural commodity prices to fall again in 2018, says Goldman Sachs
December 27th, 2017
Agricultural commodity prices, on course for a third successive year of decline, are on course for a fourth, Goldman Sachs said, even as it lifted its forecast for cotton prices. The investment bank forecast commodity returns overall, as measured ...
Early investors review: Asian stocks mixed, Japanese yen slipped
December 20th, 2017
Asian stocks were mixed on Wednesday as U.S. legislators headed toward the final passage of a tax-cut package that has helped spur optimism of faster American economic growth and lift global equity gauges to historic highs. Japan’s Topix index ...
Main moves in markets: Asian stocks mixed, Yen was little changed, Euro was up, Pound was flat
December 19th, 2017
Asian stock benchmarks were mixed amid growing optimism that U.S. legislators are on the brink of passing sweeping tax cuts. Benchmarks in Japan and South Korea were down while stocks in Sydney, Hong Kong and China advanced after U.S. ...
Europe, Brexit and the credit cycle
December 18th, 2017
Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, ...
These are some of the key events investors will be watching this week
December 18th, 2017
Asia-Pacific stocks kicked off the penultimate week of the year on a positive note after a Republican agreement on the shape of U.S. tax cuts aimed at boosting growth in the world’s largest economy. Equity benchmarks in Tokyo, Hong ...
