Search Results for: Election Day
Exxon Mobil, Tillerson agree to cut all ties
January 4th, 2017
Exxon Mobil Corp (XOM.N) and Rex Tillerson agreed to sever all ties to comply with conflict-of-interest requirements as the company’s former chairman and chief executive awaits confirmation as U.S. secretary of state. If his appointment is confirmed, the value ...
Euro Climbs Along With Oil as Japan Stocks Decline: Markets Wrap
December 30th, 2016
European currency spiked as much as 1.6% versus greenback Crude climbed after first daily decline in nine days The euro spiked higher as the dollar weakened for a second day and oil advanced in thin end-of-year trading. Japan’s Topix ...
These currencies got crushed in 2016
December 29th, 2016
A few countries have fared well, but others have seen the value of their currencies fall dramatically. Here’s a list of the currencies that have been rocked hardest in 2016: Egyptian pound: -59% Egypt took the radical decision to ...
Ruble closing year as world’s best-performing currency
December 27th, 2016
The Russian ruble is expected to be one of the strongest currencies in the world this year with the Brazilian real only trading better against the dollar. Rising oil prices and growing interest from foreign investors despite sanctions are ...
Yen Breaks Winning Streak While Oil Extends Rally: Markets Wrap
December 27th, 2016
Stocks in China and Japan fluctuate after economic data Crude advances for seventh day, longest stretch in four months The yen halted a four-day advance, while oil continued its longest winning streak in four months as some major financial ...
Robo-advisors require ongoin monitoring
December 22nd, 2016
On-line technology tools are having an important impact on the investment advice value chain, including services such as asset allocation, portfolio selection and trade execution, according to a report issued today by the Board of the International Organization of ...
Asian Equities Gain as Dow Hits Record, Oil Climbs: Markets Wrap
December 21st, 2016
Investors shrug off Europe terror events, eye U.S. economy Yen rebounds after weakening to lowest level since February Asian stocks followed advances in U.S. and European equities as the prospects of faster U.S. economic growth propelled markets toward the ...
Asian Shares Fall on Europe Turmoil; Yen Weakens After BOJ Move
December 20th, 2016
Japanese shares erased losses and the yen weakened after the Bank of Japan upgraded its assessment of the world’s second-largest economy. Gold retreated and treasuries dropped. Japan’s Topix index erased earlier declines after the central closed a tumultuous year ...
Major Economic Warning Sign: The Euro Is Heading For Parity With The U.S. Dollar
December 19th, 2016
The collapse of the euro is accelerating, and it looks like we could be staring a major European financial crisis right in the face early in 2017. On Thursday, the EUR/USD fell all the way to $1.0366 at one ...
Trump, Russia and China
December 19th, 2016
Even before he takes office, President-elect Trump is turning the world upside down. It has become clear his attitude towards Russia and China is very different from that of his predecessors. Amazingly, he is already wresting power from the ...
