Search Results for: Commodities
Oil prices dipped on Wednesday; What keeps prices under pressure
June 7th, 2017
Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as global fuel markets remained oversupplied, although rising tension in the Middle East and falling U.S. inventories lent some support. Brent crude futures LCOc1 were trading ...
CFTC charged Tallinex with Fraud and Failure to Register as a Retail Forex Dealer
June 6th, 2017
CFTC Charges Estonian Company Tallinex with Fraud and Failure to Register as a Retail Foreign Exchange Dealer and Nevada Company General Trader Fulfillment with Failure to Register as an Introducing Broker The U.S. Commodity Futures Trading Commission (CFTC) announced ...
Dollar weakened and equities retreated as investors turned cautious
June 6th, 2017
Yen climbs to highest in a month, dragging Japan stocks lower Gold gains with 10-year Treasuries; oil resumes declines The dollar weakened and equities retreated as investors turned cautious following a seven-week surge for global stocks. Gold rose and ...
Asia Stocks Rally as Nikkei Tops 20,000; Yen Slips: Markets Wrap
June 2nd, 2017
Japan leads Asian equities after fresh record for S&P 500 All eyes now turn to monthly U.S. jobs report on Friday Asian stocks rallied, with the Nikkei 225 Stock Average topping 20,000 for the first time since 2015, as ...
Asia Stocks Rise as Yuan Strengthens, Oil Rebounds: Markets Wrap
June 1st, 2017
Japan’s Topix gains while China shares slip amid economic data Onshore yuan heads for biggest 4-day gain in almost 12 years Asian equities rose, with a rally in Japan offsetting declines in China, as investors weighed economic data and ...
Russia’s Central Bank Plans to Tax Bitcoin, Deem it a ‘Digital Commodity’
May 31st, 2017
The Central Bank of Russia could soon recognize digital currencies like bitcoin as digital commodities and tax them accordingly. According to the central bank’s deputy chairwoman, Olga Skorobogatova, the central bank is in the process of drafting legislation to ...
Asia Stocks Slip as China Rally Fades; Pound Drops: Markets Wrap
May 31st, 2017
Shanghai shares pare gains sparked by manufacturing report U.K. currency slides as poll shows Tories may miss majority Most Asian stocks fell as better-than-expected Chinese factory data wasn’t enough to sway investors concerned over interest rate policies and European ...
Asia Stocks Mixed, Euro Falls on Draghi Comments: Markets Wrap
May 30th, 2017
China markets closed second day, Hong Kong shut for holiday Japan equities erase loss; yen gains while rand extends slide Asian equities were mixed in thin trading while the euro slipped with emerging currencies after Mario Draghi’s dovish message to ...
Stocks Climb in Korea, Japan; Dollar Reverses Loss: Markets Wrap
May 29th, 2017
U.K., U.S., China markets closed for holidays on Monday Dollar erases early loss amid Fed official’s rates comments Stocks in Asia were mixed amid low trading volume and the yen held to a narrow range as investors weighed the ...
Yuan heads for weekly gain; Pound slides
May 26th, 2017
Crude extends declines as OPEC meeting brings no surprises Japan, Australian equities drop; yuan heads for weekly gain A slump in crude weighed on energy shares as most Asian equity markets headed for a lower finish to the week. ...