Search Results for: SIX
Dollar extends losses vs yen after BOJ tapering talk
January 10th, 2018
The dollar extended losses against the yen on Wednesday after the Bank of Japan’s move to trim Japanese government bond (JGB) purchases in the previous session triggered speculation that it could begin tapering its massive, ultra-easy monetary stimulus. Despite ...
Bitcoin and other cryptocurrencies have crashed 20 per cent on Monday
January 9th, 2018
Bitcoin and other cryptocurrencies including ethereum, litecoin and ripple plummeted in value on Monday after Coinmarketcap removed prices from South Korean exchanges without warning. Prices on South Korean exchanges are typically up to 30 per cent higher than in other ...
How quickly will the dollar collapse?
January 8th, 2018
This might seem a frivolous question, while the dollar still retains its might, and is universally accepted in preference to other, less stable fiat currencies. However, it is becoming clear, at least to independent monetary observers, that in ...
Euro near three-year peak as dollar languishes, risk appetite hurts yen
January 5th, 2018
The euro hovered near a three-year high against the sagging dollar on Friday, while improving investor risk appetite weighed on the yen. The euro was 0.05 percent higher at $1.2074 after rising 0.45 percent overnight. The common currency received ...
Agricultural commodity prices to fall again in 2018, says Goldman Sachs
December 27th, 2017
Agricultural commodity prices, on course for a third successive year of decline, are on course for a fourth, Goldman Sachs said, even as it lifted its forecast for cotton prices. The investment bank forecast commodity returns overall, as measured ...
Early investors review: Asian stocks mixed, Japanese yen slipped
December 20th, 2017
Asian stocks were mixed on Wednesday as U.S. legislators headed toward the final passage of a tax-cut package that has helped spur optimism of faster American economic growth and lift global equity gauges to historic highs. Japan’s Topix index ...
Three UK law firms announce global expansion plans
December 19th, 2017
UK law firms are continuing to open up offices globally and link with local firms with the latest three law firms announcing plans to expand abroad. Pinsent Masons has joined forces with Saudi Arabian law firm Alsabhan & Alajaji ...
Yen Fell 0.1 Percent, Euro Was Steady, Pound Rose; Chinese shares declined
December 14th, 2017
Chinese shares declined after a surprise hike in short-term interest rates by China’s central bank, though there was little impact more broadly in Asia as investors digested the Federal Reserve’s latest rate increase of its own, and an updated ...
Oil prices surge to over $65 for the first time in over 2 years
December 12th, 2017
Brent crude has surged to its highest level since June 2015, trading above $65.00 per barrel. Earlier this month, The Organization for Petroleum Exporting Countries (OPEC) and non-member states, led by Russia, struck a deal to extend production cuts ...
Australian Dollar Jumped, Euro Was Steady; Key Financial Events In The Coming Days
December 5th, 2017
The Australian dollar jumped on stronger-than-expected retail sales data and comments on inflation from the central bank. Stocks in Asia traded mixed as investors assessed gains spurred by the passage of the U.S. tax cuts in the Senate that ...
