Search Results for: Federal Reserve Bank
What will Happen to Bitcoin when the Economy goes Bust?
October 12th, 2015
Many people interested in Bitcoin have a less than optimistic view about the health of the global economy. This skepticism — in some cases pessimism — is fueled by a controversial business cycle theory that is fairly popular in ...
Equity rally stalls as German data casts cloud over global growth
October 8th, 2015
Global stocks traded just off three-week highs on Thursday after unexpectedly weak trade and machinery orders data from Germany and Japan hinted at a stalling in the momentum of some of the world’s biggest economies. An oil price bounce, ...
Asian shares firm on resurgent oil, Nikkei falls on BOJ
October 7th, 2015
Asian stocks hit a seven-week high on Wednesday as oil prices showed some signs of life, supporting battered resource shares and emerging economy currencies, while Tokyo shares fell after the Bank of Japan stood pat on policy. MSCI’s broadest ...
Japan Leads Asian Shares Higher
October 6th, 2015
Markets across Asia rallied Tuesday, with shares in Japan rising on bets that its central bank may further loosen monetary policy at its meeting this week. Japan’s Nikkei Stock Average was up 1%. Hong Kong’s Hang Seng Index and ...
Pound Traders Turn to BOE After Fed Rate-Increase Outlook Dims
October 5th, 2015
U.K. 10-year bond yield falls to lowest level since April BOE officials announce monetary policy decision on Oct. 8 After a week that saw currency traders push back their expectations for a Federal Reserve interest-rate increase, investors will turn ...
Gold stocks go through the roof
October 5th, 2015
Shares in Australian gold miners rallied hard on Monday, with Northern Star Resources even hitting a new all-time high on an improved outlook for the precious metal. The spot gold price jumped 2.2 per cent to $US1136 an ounce ...
Asia Stocks Jump With Won After Weak U.S. Data; Glencore Surges
October 5th, 2015
Odds of 2015 liftoff pared as U.S. payrolls trail estimates Copper leads metals, commodities higher; China still closed Asian stocks jumped with emerging-market currencies and commodities after U.S.employment and factory reports came in well below estimates, undermining the case ...
SEC Charges Two Grant Thornton Firms With Violating Auditor Independence Rules
October 2nd, 2015
The Securities and Exchange Commission today charged Grant Thornton India LLP and Australia-based Grant Thornton Audit Pty Limited with auditor independence violations that occurred when two Grant Thornton Mauritius partners served on the boards of Mauritius-based subsidiaries of companies ...
Asian Shares Mostly Lower as Investors Await U.S. Jobs Data
October 2nd, 2015
A stronger reading could increase the chances of a rise in U.S. interest rates by year-end Asian stock markets drifted mostly lower Friday, as investors looked to a coming jobs report in the U.S. for clues about when the Federal Reserve ...
Should you fear a ‘Glencore’ moment?
September 29th, 2015
Experts are beginning to warn of the dire financial impact across the mining and metals space if Glencore, one of the world’s largest resource companies, is unable to control its skyrocketing debt load. Hong Kong-listed shares of the Anglo–Swiss commodity ...
