Search Results for: Donal Trump
Gold Falls With Yen as Haven-Asset Flight Eases: Markets Wrap
January 18th, 2017
Asian emerging-market currencies rise on dollar weakness Yen retreats as the currency ends seven days of strength The flight to haven assets eased following the biggest drop in the dollar since July with moves in the yen, Treasuries and ...
Oil rises on weaker dollar, U.S. production outlook caps gains
January 18th, 2017
Oil prices rose on Wednesday with a weaker dollar underpinning the market, although gains were limited by expectations that U.S. producers would boost output. U.S. West Texas Intermediate (WTI) crude oil futures were trading up 17 cents at $52.65 ...
Mark Zuckerberg to testify in $2bn VR lawsuit
January 17th, 2017
Zenimax Media says Facebook unlawfully copied its virtual reality technology to make the Oculus Rift Mark Zuckerberg is expected to appear in a Texas court today to defend Facebook over claims it stole virtual reality (VR) technology. Games studio ...
Sterling jumps as May promises parliament vote on Brexit
January 17th, 2017
Sterling jumped today by the most since June’s Brexit referendum as UK Prime Minister Teresa May promised a parliamentary vote on Britain’s deal to leave the European Union. The Prime Minister also stressed that the UK would seek to ...
The Pound to Euro Steadies Ahead of May Speech
January 17th, 2017
In a much anticipated speech, UK Prime Minister May should at 1:145GMT introduce the concept of a ‘Clean Brexit’. All the indications in the British press suggest it will be modelled on a series of views outlined in a ...
Elliott Wave Analysis: GBPUSD and USDCAD
January 16th, 2017
Elliott Wave Analysis: GBPUSD and USDCAD GBPUSD Prime Minister Theresa May won endorsement from US President-elect Donald Trump over her Brexit course but sterling plunged on Monday on fears that Britain could be on a collision course with its ...
Gold price boosted by hard Brexit fears
January 16th, 2017
Prospect of leaving single market – plus doubts over Donald Trump effect in US – sees traders rush to ‘safe haven’ Gold is being boosted this morning as concerns over a hard Brexit dominate the market commentary. Reports indicate ...
Oil prices edge up on weaker dollar, expected crude output cuts
January 16th, 2017
Oil prices inched up on Monday, supported by a weaker dollar and expectations that OPEC and other producers will cut output as part of a deal to curb global oversupply. Brent crude futures LCOc1, the international benchmark for oil ...
Pound Drops on EU Concern, Asian Shares Decline: Markets Wrap
January 16th, 2017
U.K. PM to signal plans to quit EU single market: Sunday Times Asian equities retreat with U.S. stock-index futures The pound tumbled on a report that U.K. Prime Minister Theresa May will signal plans to quit the European Union’s ...
Malice in Wonderland
January 15th, 2017
Malice in Wonderland Recently, I was quietly reading in my armchair, eyes closing and trying to stay awake, and the next moment I was falling down a rabbit hole. After falling into the void, I found myself outside a ...
