Search Results for: European Central Bank
It’s Currency War! – And Japan Has Fired The First Shot
November 4th, 2014
This is the big problem with fiat currency – eventually the temptation to print more of it when you are in a jam becomes too powerful to resist. In a surprise move on Friday, the Bank of Japan dramatically ...
Japan Stocks Rise, Standing Out Amid Asian Markets
November 4th, 2014
Asian stocks dipped as China growth slowed, but the Nikkei index rallied because of a weak yen. Asian stocks dipped on Tuesday with latest signs of slower growth in China and the euro zone, although Japan rose to seven-year ...
Yen hits 7-year low vs dollar; Aussie falls after weak China PMI
November 3rd, 2014
The yen fell to a fresh seven-year low against the dollar on Monday, extending a massive sell-off sparked by the Bank of Japan’s surprise decision to boost its already huge bond-buying stimulus. Sellers also took aim at the Australian ...
Dollar climbs on yen, BOJ passes baton to ECB
November 3rd, 2014
The U.S. dollar powered to seven-year peaks against the yen on Monday and a two-year high on the euro, a punishing trend for commodities priced in dollars as gold, silver and oil all fell. Disappointing surveys out of China’s ...
Inflation? Deflation Is New Risk
October 31st, 2014
A generation of economists and central bankers who lived through the 1970s learned that there is a large risk from runaway inflation and that steps must be taken to stop it before it gets out of control. In reality, ...
Fed’s grand experiment draws to a close
October 29th, 2014
A grand experiment in US monetary policy is coming to an end. When the Federal Reserve releases the statement from its October meeting on Wednesday afternoon, the moment is almost certain to mark the end of the liquidity and ...
Asian Equities Lower on Growth Woes
October 23rd, 2014
European and Asian stock markets ground lower on Thursday, worries over banks and corporate results again darkening the mood despite a surprisingly upbeat survey of Germany’s manufacturing and service sectors. U.S. stocks were on course to open a touch ...
HSH targeted by US distressed debt investors
October 23rd, 2014
A group of US hedge funds is discussing plans to persuade German public sector bank HSH Nordbank to restructure its debt as European stress tests raise concerns about the continent’s weakest lenders. The distressed debt investors include at least ...
Stocks fall as S&P 500 breaks 4-day winning streak
October 23rd, 2014
Dow drops 153 points and falls back into the red for the year. Stocks fell Wednesday, pushing the Dow Jones industrial average back into the red for the year and breaking the S&P 500’s four-day winning streak. The market ...
Asian shares bask in glow of U.S. tech earnings
October 22nd, 2014
Asian shares rose on Wednesday as upbeat results from two U.S. technology bellwethers and hopes of fresh stimulus from the European Central Bank offset concerns about the outlook for the global economy. MSCI’s broadest index of Asia-Pacific shares outside ...
