Search Results for: Gold prices
Brazil’s economy enters worst recession on record
March 8th, 2017
Latin America’s largest economy Brazil has contracted by 3.6 percent in 2016, shrinking for the second year in a row; statistics agency IBGE said on Tuesday. It confirmed the country is facing its longest and deepest recession in recorded ...
Yen climbs with Aussie and kiwi as Asian Stocks Mixed
March 8th, 2017
Japan shares drop while Hong Kong equities gain after data Yen climbs with Aussie and kiwi; crude slumps below $53 Asian stocks were mixed as investors continued to assess the staying power of a rally that brought global equities ...
Venezuela running out of cash
March 4th, 2017
The Central Bank of Venezuela says the country is down to just $10.5 billion in foreign reserves. At the same time, Caracas has to meet debt obligations of $7.2 billion this year. The country had nearly $30 billion in ...
Dollar, U.S. futures hold gains, Topix leads markets in Asia
March 1st, 2017
Dollar, U.S. futures hold gains, Topix leads markets in Asia Treasuries drop as odds jump for U.S. rate hike in March Dollar and equity bulls found little cause for concern in Donald Trump’s address to Congress despite a lack ...
Global (economic) warming
February 26th, 2017
If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further fiscal and monetary expansion will begin to create …. economic ...
Bundesbank posts distributable profit of €0.4 billion in 2016
February 24th, 2017
The Bundesbank posted a profit of €1.0 billion for the 2016 financial year, compared with €3.2 billion in 2015. Owing to an allocation to the reserves, the remaining distributable profit amounted to €0.4 billion and was transferred in full ...
Asia Stocks Gain Even as Topix Swings, Yen Rises: Markets Wrap
February 22nd, 2017
U.S. currency slipped earlier on Fed official’s rates comment Chinese shares in Hong Kong resume rally; oil extends gains Asian stocks rose as markets from Hong Kong to Singapore followed a rally in the U.S. The dollar pared earlier ...
EU to battle corporate tax scams
February 22nd, 2017
European Union finance ministers have agreed on new measures to close some tax loopholes that have enabled multinational companies operating in both EU and non-EU countries to avoid paying taxes… but not right away. EU finance ministers meeting in ...
U.S. oil holds near seven-week high; OPEC upbeat on output curbs
February 22nd, 2017
Oil prices held near multi-week highs on Wednesday after OPEC signaled optimism over its deal with other producers to curb output to clear a glut that has weighed on markets since 2014. The U.S. West Texas Intermediate April crude ...
Asia stocks at 19-month high, dollar up
February 15th, 2017
Asian stocks scaled 19-month peaks on Wednesday, helped by a record-setting night on Wall Street after Federal Reserve Chair Janet Yellen flagged a possible interest rate rise next month, keeping the dollar near three-week highs. Spreadbetters saw the boon ...
