Search Results for: Russia
European stocks finished deep in the red; The biggest losers in Europe
September 5th, 2018
European stocks finished Tuesday deep in the red, amid fears of a crisis in emerging markets and trade tensions between the U.S. and major economies. The pan-European Stoxx 600 slipped to a two-month low during trade, finishing the session ...
Early traders review: Euro to Dollar rose, Pound to Dollar slid; Asian stocks declined
September 3rd, 2018
Asian stocks declined, while the dollar held on to its recent rally as investors assessed the outlook for trade and whether turmoil in some emerging markets can be contained. The pound retreated as the chief European negotiator on Brexit ...
Cryptominers dreaming of rebound after price crash
August 27th, 2018
Surrounded by the cryptocurrency mining “rig” that is taking over his bedroom, “Ali” lays bare the risks of his trade, revealing his profits “are a tenth of what they were”. Prices of cryptocurrencies have plunged since the heady heights ...
Venezuela ties its currency to a state-run cryptocoin the Petro; Hardly anyone knows what to expect out of this
August 21st, 2018
Venezuela has just taken drastic and unprecedented steps to stabilize its currency as it grapples with hyperinflation and other economic issues. The country’s currency has not only been massively devalued and renamed, but is now tied to a state-issued ...
Currency Woes
August 17th, 2018
This week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of ...
EU prepares crackdown on ‘citizenship for sale’
August 14th, 2018
Brussels is preparing to crack down on EU governments, including Malta and Cyprus, that award citizenship to rich people from outside the bloc, as concerns mount about so-called dirty money from Russia. Vera Jourova, the EU’s commissioner for justice, ...
Global Housing Bubble Is Popping. Here Comes The “Reverse Wealth Effect”
August 10th, 2018
Just a few months ago, real estate was on fire. Prices were blowing past records set during the previous decade’s housing bubble as desperate buyers bought whatever was available at above the asking price while homeowners, confident that prices ...
Early Stocks Review: European stocks mixed; British Pound remained under pressure against the Dollar
August 10th, 2018
European stocks hovered around the flatline on Thursday amid a deepening U.S.-China trade dispute and a flurry of corporate earnings. The pan-European Stoxx 600 was flat with almost every sector in the red. Oil and gas stocks were among ...
Asian stocks mixed, Yen to Dollar rose, the Kiwi plunged; These are the main moves in markets
August 9th, 2018
Asian stocks were mixed Thursday with Chinese equities again outperforming despite the ongoing tariff to-and-fro between China and the Trump administration. The dollar ticked higher, while oil held on to Wednesday’s losses. A firmer yen weighed on Japanese shares ...
Another week, another improvement in Gold’s prospects
August 6th, 2018
The past few months have added some cred to the “sell in May and go away” rule of thumb for precious metals, as gold’s price action has been both boring and depressing. It’s now close to its 12-month low, ...
