Search Results for: Global gold
Global stocks rally extends in Asia; The Euro and Japanese Yen rose
June 7th, 2018
A global stocks rally extended its run in Asia Thursday on confidence the global economic expansion remains intact and continuing momentum in U.S. technology shares. Treasuries held losses, with 10-year yields just under 3 percent. Equities gained from Tokyo ...
Gold’s Monetary Rehabilitation
June 4th, 2018
There is a quiet revolution taking place in the monetary vacuum that’s developing on the back of the erosion of the dollar’s hegemony. It is perhaps too early to call what’s happening to the dollar the beginning of ...
Goldman Sachs to pay $54.75 Million for unsound conduct in its Forex business
May 16th, 2018
The New York State Department of Financial Services (DFS) has issued a statement early this month to inform that Goldman Sachs fined $54.75 Million for unsafe and unsound conduct in its Foreign Exchange trading business. Goldman Traders Improperly Shared Customer ...
Will the world have a global cryptocurrency?
May 9th, 2018
Former Goldman Sachs President Gary Cohn said Tuesday he thinks the world will have a global cryptocurrency that is not bitcoin. “I’m not a big believer in bitcoin. I am a believer in blockchain technology,” Cohn told CNBC’s Bob ...
The yuan-oil future and gold
April 3rd, 2018
“There can be little doubt that the introduction of the yuan-denominated oil future has been a major strategic step for China.” Regular readers of Goldmoney’s research will be aware that we were among the first to alert western ...
Asian shares rose, the dollar steadied, Gold climbed; Key events coming up this week
April 2nd, 2018
Asian shares rose, the dollar steadied and Treasuries slipped as the second quarter began for some of the region’s traders. Volumes were subdued with many markets across the world still closed for the Easter holiday. Equities in Japan and ...
Trade fears spur global risk-off moves from Sydney to Shanghai
March 23rd, 2018
Asian stocks followed their U.S. counterparts lower after President Donald Trump’s decision to slap tariffs on China heightened concern a trade war could hurt global growth. The yen climbed to its strongest in more than a year. Equity indexes ...
Japanese yen rose, Euro was flat, Gold inched up, Asian stocks advanced: Review
March 8th, 2018
Asian stocks advanced as worries surrounding a trade war dissipated and U.S. equities recouped losses. The dollar steadied and Treasuries ticked higher. Equities rose from Tokyo to Sydney, with shares in Hong Kong outperforming. Earlier, the S&P 500 Index ...
Gold Jumps To Crucial Technical Level. Important Action Coming Up
January 26th, 2018
After what seems like a decade in the shadow of tech stocks and cryptocurrencies, gold and silver are rocking again. Which of course leaves everyone wondering if this is the beginning of the long-awaited epic run, or just a ...
These are the main moves in markets: Euro rose, Gold futures advanced, Asian stocks mixed
January 12th, 2018
Asian stocks are set to end the week on diverging paths as Japanese shares declined, while those in Hong Kong extended a record winning streak. Volatility in the Treasuries market subsided and the euro extended its advance. Equities rose ...