Search Results for: Trump
End Of Credit Cycle Dynamics
August 15th, 2018
While there is no starting-pistol that tells us the final phase of the credit cycle leading into the next credit crisis has actually begun, nearly all the signs point to it being the case for the US economy. ...
Record high of £14.6bn paid in corporation tax by UK financial services sector
August 14th, 2018
A record high of £14.6bn of corporation tax (includes Bank Levy), was paid by the financial services sector in the UK last year, up 24% from the £11.8bn paid in the previous year (2015-16), says Moore Stephens, the Top ...
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 ...
Gold prices to jump
August 8th, 2018
Gold prices to jump after US loses trade war and its debt bubble blows – Peter Schiff to RT Investors that bet on US economy against gold will soon be disappointed, and bullion prices will soar, according to veteran ...
Pound frail on worries over no-deal Brexit, dollar steady
August 7th, 2018
The pound stayed fragile on Tuesday after falling to an 11-month low against the dollar overnight on worries over a ‘hard’ Brexit from the European Union, while simmering U.S.-China trade tensions provided support to the greenback. Comments from officials ...
Asian stocks traded mixed, Euro to Dollar down; Here are some key events coming up this week
August 6th, 2018
Asian stocks were mixed Monday as China pledged it will stand the course of a trade war with the U.S. The yuan pared some of its gains following a rally triggered by a surprise China central bank move to ...
BoE hikes UK interest rate hike but Pound exchange rates whipsaw
August 3rd, 2018
In spite of Bank of England (BoE) policymakers voting unanimously to raise interest rates the GBP/EUR exchange rates whipsawed, ultimately ending lower at around £/€1.1224. Although the Pound initially rallied in response to the rate hike this strength proved ...
European shares seen opening lower on US-China trade worries
August 2nd, 2018
European shares may drift lower at open on Thursday amid reports the Trump administration is mulling raising tariffs on Chinese goods. A spokesperson for China’s Foreign Ministry accused the US of “blackmail” and warning of inevitable countermeasures if the ...
U.S. dollar rises against the dollar index basket of currencies; Asia markets fell on Thursday
August 2nd, 2018
Asia markets fell on Thursday, following an overnight mixed session in the U.S. as renewed trade concerns offset strong gains in tech. In Australia, the benchmark ASX 200 declined 0.24 percent as the materials subindex fell 1.29 percent. Major ...
Russia’s gold reserves approaching record as Moscow is striving to escape from US dollar hegemony
July 30th, 2018
With 2,000 tons of gold in reserves, Russia’s bullion holdings are approaching the Soviet peak seen in 1941. Moscow is striving for financial independence and escape from US dollar hegemony, analysts told RT. “Some countries in the world want ...