Search Results for: China Market
Australian dollar hits fresh six-year low as Chinese factories continue to falter
July 24th, 2015
Chinese manufacturing was sluggish for the fifth month running, a new survey shows, while the strengthening greenback sends the Aussie below US73c The Australian dollar fell to a fresh six-year low and stocks across Asia dropped sharply after more ...
Swiss Exchange reports ETF Quarterly Statistics
July 24th, 2015
In the second quarter of 2015, the Swiss stock exchange saw a trading volume in ETFs of CHF 20.9 billion. Compared to the previous quarter this represents an increase of 11%. This was revealed in the latest edition of ...
Gold turns lower as US data takes pressure off dollar
July 24th, 2015
Gold turned lower on Thursday, dipping back below $1,100 an ounce as a steeper-than-forecast drop in U.S. jobless claims helped the dollar recover from earlier lows, though prices remained under pressure after this week’s plunge. Gold posted its deepest ...
Gold is doing something it hasn’t in 20 years
July 23rd, 2015
Gold marked its 10th straight day of losses Wednesday, in the longest losing streak for the precious metal in almost 20 years. And some traders say the collapse isn’t over, yet. “Physical demand for gold in China is down ...
Hong Kong Asset Management Reaches Another Record Level
July 23rd, 2015
The Securities and Futures Commission (SFC) has released its annual survey, which showed the combined fund management business in Hong Kong sustaining another year-on-year increase to reach a record high at the end of 2014 of almost HKD17.7 trillion ...
Chinese economy concerns wipe $40bn off value of Apple
July 23rd, 2015
Fall in share price of world’s biggest company mirrored by slide in stocks in mining and commodity firms to their lowest level since market crash of 2008 Growing concerns about the health of the Chinese economy helped wipe $40bn off the ...
Apple wiped almost $40 billion from its value
July 23rd, 2015
The biggest technology rally since October was knocked cold, as disappointing earnings reports punished Microsoft Corp. and gave Apple Inc. its biggest loss this year. Five days after Google Inc.’s earnings spurred the largest one-day wealth creation by any ...
Asian shares slip on weak data, dollar strong
July 23rd, 2015
Asian shares edged lower on Thursday as mixed regional data and overnight declines on Wall Street prompted investors to take profits, while the dollar held steady as expectations for a rise in U.S. interest rates were strengthened by buoyant ...
12 Ways The Economy Is Already In Worse Shape Than It Was During The Depths Of The Last Recession
July 22nd, 2015
Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008? When I write about an “economic collapse”, most people think of a ...
Does A Commodities Crash Mean Global Depression, Mass-Devaluation Or Both?
July 22nd, 2015
First, precious metals peaked and began drifting lower. Then copper fell, oil plunged and it became obvious that these weren’t isolated events. The entire commodities complex — that is, all the physical inputs a modern economy uses to power, ...
