Search Results for: Dollar
Oil prices under pressure after historical high for U.S. crude stocks
March 2nd, 2017
Oil prices fell further Thursday, depressed by the latest pick up in U.S. crude stockpiles and production. On the New York Mercantile Exchange, light, sweet crude futures for delivery in AprilCLJ7, -0.33% traded at $53.54 a barrel, down 29 ...
Global Stock Rally Shifts to Asia After U.S. Highs: Markets Wrap
March 2nd, 2017
Japan’s Topix at highest since December 2015 as yen slumps Dollar climbs as Fed official supports rate hike ‘soon’ The bulls are gaining momentum as the global equity rally stretched to Asia. Tokyo shares jumped to the highest level ...
Bank of Israel keeps the interest rate unchanged
February 28th, 2017
Inflation data: The Consumer Price Index for January declined by 0.2 percent, in line with the average of forecasters’ projections. There were seasonal declines this month in the clothing and footwear component (9.2 percent), in the housing component (0.5 ...
Asian Stocks Rise, Bonds Slip Before Trump Speech: Markets Wrap
February 28th, 2017
Odds for U.S. interest rate hike in March rise to 50% Trump speech Tuesday to be scrutinized for spending plans Asian stocks erased gains as a rally in Tokyo faltered and the yen strengthened ahead of Donald Trump’s address ...
Global (economic) warming
February 26th, 2017
If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further fiscal and monetary expansion will begin to create …. economic ...
Global diamond market sees moderate growth
February 24th, 2017
The global diamond industry performed moderately well in 2015, led by diamond jewellery retail sales, which grew 3 per cent at constant exchange rates, a report said. However, currency depreciation, as well as slower demand in China, contributed to ...
FTSE 100 dips as RBS shares fall
February 24th, 2017
London’s stock market opened slightly lower as investors digested another raft of company results. Shortly after trading began, the benchmark FTSE 100 index was down 5.87 points at 7,265.50. Shares in Royal Bank of Scotland fell 2.2% after the ...
Wrexham Glyndwr University launches UK’s first undergraduate degree in FinTech
February 24th, 2017
US investment bankers and professionals from the Asia business world are backing the UK’s first undergraduate degree dedicated to the world of Financial Technology. Senior Vice Presidents at multi-billion dollar American investment firms Franklin Templeton and State Street have ...
Asian markets dip as investors cash out after dovish Fed minutes
February 24th, 2017
Shares in Asia lost ground Friday as dovish signals from the U.S. Federal Reserve weakened the dollar, with possible consequences for the competitiveness of Asian exports. The Nikkei Stock Average NIK, -0.45% was down 0.2% with the S&P/ASX ...
How Many Euro Crises Will This Make? It’s Getting Hard To Keep Track
February 23rd, 2017
Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then ...
