Search Results for: Bank of Russia
Oil Prices Slip on Risk Aversion as Trump Takes Lead
November 9th, 2016
Crude-oil prices continued to sink in early afternoon Asia trade on Wednesday as Republican nominee Donald Trump appeared on his way to a possible stunning upset in the U.S. presidential race, sparking jitters across global equities and commodities. The ...
Asian Stocks Rise With Won, Mexican Peso on U.S. Election Day
November 8th, 2016
S&P 500 futures slip after gauge snaps nine-day losing streak Industrial metals reverse gains as gold edges higher Asian equities rose with South Korea’s won and the Mexican peso as Americans prepare to vote in their presidential election with ...
Oil prices bounce back after week of sharp falls
November 7th, 2016
Oil prices rose by over 1 percent on Monday, with traders citing opportunistic buying after sharp declines in the previous week that brought prices to their lowest since early August because of ongoing weak fundamentals. International Brent crude oil ...
Oil prices steady after five days of declines, but sentiment bearish
November 4th, 2016
Oil prices edged up on Friday, stabilizing after five straight days of falls, although a surge in U.S. crude inventories and doubts over the ability of producers to coordinate output cuts continued to keep a lid on the market. ...
Fiat money and gold
October 21st, 2016
It is time to revisit the Fiat Money Quantity (FMQ), which totals US dollar money deposited in the banking system, the commercial banks’ money on deposit at the Fed and physical cash. Besides alerting us to how the expansion ...
Asian Stocks Weighed Down by Earnings as Euro Declines With Oil
October 21st, 2016
Crude falls on Russia supply concerns as dollar strengthens Hong Kong’s financial markets shut owing to Typhoon Haima Asian stocks snapped a three-day winning streak as corporate earnings gave cause for caution and the euro sank to its weakest ...
Who Will Exit the EU Next?
October 20th, 2016
The European Union’s future has been up for debate since the Continent’s economic crisis began nearly a decade ago. But questions about the bloc’s path have multiplied in recent years as Greece came close to quitting the eurozone and ...
Oil prices dip after strong rally, but sentiment remains confident
October 20th, 2016
Oil prices dipped on Thursday on profit taking after markets rallied the previous day due to a draw in U.S. stocks and an expectation of an OPEC-led cut in production. U.S. West Texas Intermediate (WTI) crude oil futures ...
Why Oil Prices Are Bothering the AUD
October 17th, 2016
Historically, there hadn’t been much of a strong correlation between crude oil and the Australian dollar, whether it’s a positive or negative one. These days, however, the rise in the commodity seems to be accompanied by a drag on ...
The bitcoin technology to be tested to cut costs in document exchanges
October 17th, 2016
Sberbank and the Federal Antimonopoly Service of the Russian Federation have launched a pilot project called Digital Ecosystem for exchanging documents using blockchain technology. The goal of the project is to study the possibilities of distributed document storage, which ...
