Search Results for: Gold
Pound and Yen fell, Asian stocks pointed to a firm start; These are the main moves
November 12th, 2018
Asian stocks and futures pointed to a firm start for equity markets in London and New York as investors assessed whether the recent rallies can endure. The pound slid as U.K. Prime Minister Theresa May fought to keep her ...
Stocks in Asia retreated at the start of the week; Key financial events coming up this week
November 5th, 2018
Stocks in Asia retreated at the start of the week after optimism over a potential U.S.-China trade deal ebbed in recent days. The yuan dropped, drawing little help from Chinese President Xi Jinping’s pledges to ease trade barriers. Shares ...
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
November 1st, 2018
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...
The Pound is under pressure as market rushes to buy options protecting against ‘No Deal’ Brexit
October 31st, 2018
The British Pound is suffering fresh losses taking it back to October lows against the Euro and two-month lows against the U.S. Dollar. The impasse in Brexit negotiations remains front-and-centre for foreign exchange markets with little near-term attention being ...
The biggest of big pictures
October 26th, 2018
I have had a request from Mrs Macleod to write down in simple terms what on earth is going on in the world, and why is it that I think gold is so important in this context. She-who-must-be-obeyed ...
U.S. Dollar closes at highest level since 2017
October 26th, 2018
The dollar closed at its highest level in more than a year Thursday, buoyed by investors fleeing from volatile equity markets. The WSJ dollar Index, which measures the U.S. currency against a basket of 16 others, rose 0.1% Thursday ...
Global sell-off takes toll on Latin America stocks, forex
October 24th, 2018
Latin American stocks dropped on Tuesday, led by a 1.6 percent slide in Brazilian equities, swept up in a global sell-off sparked by concerns about Saudi Arabia’s diplomatic isolation, a brewing spat over Italy’s finances and fatigued U.S. corporate ...
Asian stocks and Japanese Yen fell; The main moves in financial markets
October 19th, 2018
Asian stocks posted further losses Friday after another slide in the U.S. overnight. China’s equities reversed losses after verbal intervention by the nation’s top financial regulators, who assured they’ll keep financial risks under control. The MSCI Asia Pacific Index ...
Bitcoin price down despite sudden huge price surge
October 18th, 2018
Bitcoin’s (BTC) price is down 0.65 percent today as the leading cryptocurrency’s market capitalisation oscillated from highs of $114.4billion (£87million) to lows of $112.8billion (£99million) over the past 24 hours of trading. It has been a relatively soft few ...
Here’s what to watch in European stocks
October 16th, 2018
Here’s what to watch ahead of the market open in Europe: Brexit Both U.K. Prime Minister Theresa May and French President Emmanuel Macron struck conciliatory tones ahead of a European Union summit on Brexit on Wednesday. Brussels, too, sounded more ...
