Search Results for: Global gold
Oil eases on rising U.S. inventory, market looks to EIA data
January 25th, 2017
Oil edged lower on Wednesday as expectations of an increase in U.S. inventories weighed on the market, offsetting bullish momentum from output cuts announced by OPEC and other producers. Brent crude LCOc1, the international benchmark for oil prices, had ...
U.S. Stocks, Dollar Retreat as Trump Targets Trade: Markets Wrap
January 24th, 2017
Treasuries rise as Trump strikes protectionist tone on trade Crude slumps, gold rallies as haven trades back in focus U.S. stocks fell with the dollar while Treasuries gained as the Trump administration targeted reworking America’s trade relationships as investors ...
KCG adds four new independent directors to Board
January 20th, 2017
KCG Holdings, Inc. (NYSE: KCG) announced today that its Board of Directors has appointed Peter Fisher, Colin Smith, Heather Tookes and Adrian Weller as Directors, effective immediately. KCG also announced that Rene M. Kern and John C. (Hans) Morris ...
The Path to $10,000 Bitcoin
January 16th, 2017
So let’s imagine a scenario in which tens of trillions of at-risk wealth suddenly seek an alternative–any alternative to staying in an asset class that’s circling the drain. As my colleague Davefairtex observed recently, the paint isn’t quite dry ...
Oil prices edge up on weaker dollar, expected crude output cuts
January 16th, 2017
Oil prices inched up on Monday, supported by a weaker dollar and expectations that OPEC and other producers will cut output as part of a deal to curb global oversupply. Brent crude futures LCOc1, the international benchmark for oil ...
Pound Drops on EU Concern, Asian Shares Decline: Markets Wrap
January 16th, 2017
U.K. PM to signal plans to quit EU single market: Sunday Times Asian equities retreat with U.S. stock-index futures The pound tumbled on a report that U.K. Prime Minister Theresa May will signal plans to quit the European Union’s ...
Downside Targets for British Pound Against Euro, Dollar
January 14th, 2017
Pound to Euro Rate Today (13-1-16): 1.1410, could go as low as 1.0635 Pound to Dollar Rate Today: 1.2171, 1.09 forecast under hard-Brexit scenario Technical strategists at Credit Suisse have written to clients confirming they retain a negative stance ...
FTSE 100 continues record run, rising for 14th day in a row
January 13th, 2017
U.K. stocks gained for a 14th straight day on Friday, extending their record winning run as the weaker pound spurred investors to buy into British multinationals. The FTSE 100 index UKX, +0.30% rose 0.5% to 7,327.85, on track for ...
FTSE 100 extends a record-breaking run
January 11th, 2017
European stocks rose Wednesday, with London striking another record pinnacle on the sliding pound and rebounding commodity prices. Sterling fell as weak official trade data offset bright industrial output figures — and the currency’s slide gave a fresh impetus ...
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 ...
