Search Results for: Election Day
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 ...
Pound to Euro Exchange Rate Melts
May 26th, 2017
Reference rates: Pound to Euro exchange rate: 1 GBP = 1.1467, day’s best: 1.1551, low: 1.1459 Euro to Pound Sterling exchange rate: 0.8720, day’s best: 0.8726, low: 0.8657 Pound Sterling is the worst-performing currency amongst the world’s top twenty ...
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. ...
Japan currency rises; Pound slips
May 23rd, 2017
Trump Concern, Manchester Blast Spur Risk-Off Tone Japan currency rises after latest report on Washington turmoil Pound slips after suspected terrorist attack at U.K. concert The yen rose with gold and U.S. equity-index futures fell as investors took a ...
Deloitte Exec Departs to Launch Tokenized Blockchain Research Lab
May 22nd, 2017
Back when Iliana Oris Valiente first started pitching her colleagues at Deloitte on the possible benefits of bitcoin, she was cautioned by a senior level executive that she might be doing damage to her reputation. Now, one of the ...
Asian stocks post biggest rise in a month; dollar weak
May 22nd, 2017
Asian stocks posted their biggest daily rise in a month on Monday following modest gains in U.S. shares, though the greenback came under renewed pressure as Washington’s political turmoil undermines confidence in U.S. economic policy. MSCI’s broadest index of ...
Asia Stocks Turn Higher as Investors Assess Crises: Markets Wrap
May 19th, 2017
Yen poised for strongest week in a month; gold resumes gains S&P 500 rebounds with dollar amid bullish economic reports Asian shares rose as Japanese equities erased morning losses and investors assessed the risks from political crises in Brazil ...
The price of gold is surging
May 18th, 2017
The price of gold is surging after political uncertainty appears to have pushed investors into safe-haven assets on Wednesday. The precious metal was trading at $1,258.50 an ounce as of 11:25 a.m. ET, a $22.10, or 1.79%, jump on the ...
Russia is considering raising value added tax to 22 percent
May 18th, 2017
If the government raises value added tax and the central bank sees inflation risks from the move, it would be logical for the bank to keep interest rates higher than without the tax changes, Deputy Finance Minister Vladimir Kolychev ...
Dow Falls 370 Points, Bonds Rally on Trump Turmoil
May 18th, 2017
Risk off sentiment grips markets with Washington on edge Volatility comes roaring back, as gold surges on haven demand The Dow Jones Industrial Average tumbled more than 370 points, Treasuries rallied the most since July and volatility spiked higher ...