Search Results for: Chinese yuan
China opens first forex trading centre on border with Vietnam
April 28th, 2014
China has opened a currency trading center, the first of its kind in the country, on the China- Vietnam border to end rampant illegal private forex trading. The ASEAN (Association of Southeast Asian Nations) Currency Business Center, will allow ...
Asian Stocks Rise on Stimulus as Oil Drops With Copper
April 3rd, 2014
Asian stocks rose for a seventh day in the longest rally this year as the Japanese yen reached a two-month low and China’s government announced stimulus measures. European equity index futures, copper and oil fell. The MSCI Asia Pacific ...
European stocks rose
January 26th, 2024
European stocks rose on Friday, bucking weakness in US equity futures and in Asian markets, as an update from the world’s largest luxury retailer showed that spending among the wealthiest consumers remains resilient. Europe’s Stoxx 600 index advanced as ...
World shares steadied on Friday; Gold recovered somewhat
September 17th, 2021
World shares steadied on Friday above three-week lows set in the previous session though they were heading for a weekly loss on China jitters and global growth concerns, while strong U.S. retail sales data buoyed the dollar. Shares in ...
The Geopolitics of Gold
June 10th, 2021
A number of events are coming together which are set to push gold prices higher. Besides a combination of continuing inflationary policies and massive future budget deficits undermining the dollar, by closing down derivative market activities new Basel ...
Global trade in 2021
January 29th, 2021
So long as the fiat-based monetary system continues with accelerated money-printing, the US trade deficit will continue to widen. This is due to the lack of a propensity among Americans to save printed dollars, now credited directly into ...
Don’t dismiss gold and silver…
January 21st, 2021
There is worrying evidence that 2021 will see the end of fiat currencies, led by the US dollar. US dollar money supply has accelerated at an extraordinary rate, a process that will continue. Signals from the markets that ...
Japan prepares for digital currency, in line with China and others
December 30th, 2020
Japan is gearing up its preparation for the issuance of digital currency in both the public and private sectors following swift moves by China and other countries to do the same. Virtual money issued by central banks around the ...
China is killing the dollar
September 23rd, 2020
In the wake of the Fed’s promise of 23 March to print money without limit in order to rescue the covid-stricken US economy, China changed its policy of importing industrial materials to a more aggressive stance. In examining ...
UK Pound momentum strong, Euro jumps Vs U.S. Dollar overnight
September 1st, 2020
The British Pound to Dollar exchange rate (GBP/USD) enjoyed another strong day on Monday as Sterling bulls continued to push on. Adding some extra fuel to the fire, Cable was able to post a rally in the Asian session ...
