Search Results for: Gold
Main moves of currencies: British Pound little changed, Euro steady
September 15th, 2017
Financial markets are once again showing a short-lived reaction to a North Korean missile launch as investors become accustomed to a cycle of provocations followed by diplomatic censure and sanctions that fall short of shutting down the dictatorship. South ...
Dollar holds advance, yen little changed, euro eased down Aussie jumped; Early Market review
September 14th, 2017
The rally in risk assets took a breather in Asia after further signs that China’s economy is cooling and ahead of U.S. inflation data that may offer clues for monetary policy direction. Benchmarks from Tokyo to Sydney fluctuated after ...
Blockchain firms in $1.3b virtual currency battle
September 12th, 2017
Two of the world’s largest blockchain developers are battling over more than US$1 billion (S$1.3 billion) in virtual currency options, in a dispute that may help establish the leading player in providing new payment technologies to financial companies. R3, ...
Asian equities took another leg higher; Key events to watch this week
September 12th, 2017
Asian equities took another leg higher after the S&P 500 Index rose to a record high and Treasuries tumbled, with less damage than originally feared from Hurricane Irma supporting the case for a gradually improving U.S. economy. Japan’s Topix ...
Dollar Tumbled as Yen, Euro Rally on Irma, ECB
September 8th, 2017
The dollar tumbled to its weakest level since the start of 2015 as fading expectations of U.S. interest-rate increases, North Korea tensions and a historically powerful hurricane unsettled investors. The euro was near the highest since January 2015 after ...
Main moves in the markets and key events coming this week; Asian markets early review
September 6th, 2017
Stocks fell in most Asian markets as nations grapple with how to deal with escalating provocations from North Korea. The yen was near its strongest level for the year and U.S. Treasury yields were at their lowest since the ...
U.S. oil prices rose on Tuesday
September 5th, 2017
U.S. oil prices rose on Tuesday as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude, their main feedstock. The return of many U.S. refineries also ended a ...
Europe’s main stock markets move higher at open
September 5th, 2017
Europe’s main stock markets shifted marginally higher in opening trade on Tuesday, after sliding the previous day on mounting concern over North Korea. In initial deals, London’s benchmark FTSE 100 index of major blue-chip firms gained just 0.1 per ...
Ikon Global Markets ordered to Pay $200,000
September 4th, 2017
The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and simultaneously settling charges against Ikon Global Markets, Inc. (Ikon) for failing to keep and promptly produce documentation for thousands of gold Exchange for Physical (EFP) trades, in ...
Oil markets volatile in wake of Hurricane Harvey, North Korea nuclear test
September 4th, 2017
Oil markets were volatile on Monday, with U.S. crude rising on production shutdowns while international Brent was pulled down by a flight into gold futures following a powerful North Korean nuclear test explosion. Meanwhile, U.S. gasoline prices RBc1 slumped ...
