Search Results for: Bank of Korea
Bitcoin and ethereum slide after JPMorgan Chase boss slams cryptocurrencies as “fraud”
September 13th, 2017
JPMorgan Chase chief executive Jamie Dimon slammed cryptocurrencies as a “fraud” last night, pushing the already slipping value of Bitcoin down another notch. Bitcoin hit a three-week low today following his remarks, dropping 5.6 per cent to $3,953, while ...
Dollar buoyant against yen, pound hits 1-year high on inflation jump
September 13th, 2017
The dollar was buoyant against the yen on Wednesday, although it was capped against the euro with a potentially supportive spike in U.S. yields neutralised by a similar move by their German counterparts. Dollar/yen extends rally, hits 12-day high ...
Asian equities took another leg higher; Key events to watch this week
September 12th, 2017
Asian equities took another leg higher after the S&P 500 Index rose to a record high and Treasuries tumbled, with less damage than originally feared from Hurricane Irma supporting the case for a gradually improving U.S. economy. Japan’s Topix ...
Dollar Tumbled as Yen, Euro Rally on Irma, ECB
September 8th, 2017
The dollar tumbled to its weakest level since the start of 2015 as fading expectations of U.S. interest-rate increases, North Korea tensions and a historically powerful hurricane unsettled investors. The euro was near the highest since January 2015 after ...
Main moves in the markets and key events coming this week; Asian markets early review
September 6th, 2017
Stocks fell in most Asian markets as nations grapple with how to deal with escalating provocations from North Korea. The yen was near its strongest level for the year and U.S. Treasury yields were at their lowest since the ...
Swiss franc, gold advance as risk-off stance is back on
September 4th, 2017
Asian stocks fell as investors turned to haven assets after North Korea’s dictatorship tested a nuclear bomb on Sunday, sending the yen, gold and Treasury futures higher. The MSCI Asia Pacific Index was on track for the biggest drop ...
U.S. stock futures and Asian share markets tumbled; Yen jumped
August 29th, 2017
U.S. stock futures and Asian share markets tumbled on Tuesday, while the yen jumped to four-month highs against the dollar after North Korea fired a missile over northern Japan, fuelling worries of fresh tension between Washington and Pyongyang. S&P ...
An early review of the main moves in markets: Yen advanced, U.S. equity futures fell
August 28th, 2017
Asian stocks fluctuated and U.S. equity futures fell as investors weighed the damage from Tropical Storm Harvey on U.S. oil refining centers. The greenback maintained losses after Federal Reserve Chair Janet Yellen failed to provide clues on monetary-policy tightening. ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...
Most major indexes in Asia made gains on Thursday
August 24th, 2017
Most major indexes in Asia made gains on Thursday despite Wall Street closing lower after a threat from President Donald Trump about a possible government shutdown. Most Asia markets climb following Wall Street dip on Trump government shutdown threat ...