Search Results for: Trump
Yen climbs after the nation’s central bank move
February 8th, 2017
Yen climbs, Oil Slumps Before India Rates Decision Japan currency reverses loss as BOJ offers to buy bonds Energy shares decline as crude falls for third straight day The yen rose after the nation’s central bank offered to buy ...
Oil prices rise on the heels of sharp losses; production data ahead
February 7th, 2017
Crude oil prices rose slightly on Tuesday, though investors are eagerly awaiting production and inventory data from the Organization of the Petroleum Exporting Countries. On the New York Mercantile Exchange, light, sweet crude futures for delivery in March CLH7, ...
The U.S. market is about 10% overvalued, portfolio manager says
February 7th, 2017
Even if President Donald Trump’s tax policies are enacted, the U.S. stock market is still “not a great risk-reward for investors,” expert Michael Liss told CNBC on Monday. That’s because as it stands right now, the market is roughly ...
Asian Equities Decline While Aussie, Kiwi Advance
February 7th, 2017
Gold eases after three-day advance, Treasuries continue gains Yen fluctuates after touching highest level since November Asian stock markets were mixed and the dollar strengthened as investors eased up after political uncertainty sent them toward haven assets. The Aussie ...
Grexit is back? Greece faces critical few weeks
February 6th, 2017
In the week of Groundhog Day it seemed entirely appropriate: Greek farmers, many on tractors, have once again been blockading roads and border posts amid mounting signs that the country long at the centre of Europe’s debt woes is ...
E.U. Includes U.S. on List of Potential Tax Havens
February 6th, 2017
The European Commission views the United States as a potential tax haven, according to a draft list of 90 countries that Brussels views as problematic. Countries on the list, obtained by Handelsblatt, are categorized based on three risk factors ...
Oil prices edge up on Iran tensions, but rising U.S. drilling caps gains
February 6th, 2017
Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and on concerns that new U.S. sanctions against Iran could be extended to affect crude supplies. But markets were held back by more ...
Asian Stocks Advance as Banks Rally; Dollar Mixed: Markets Wrap
February 6th, 2017
U.S. jobs data show hiring increase with weaker earnings gains S&P 500 closed within 1 point of all-time high on Friday Asian stocks advanced after the Trump administration’s plan to roll back financial regulations sparked a rally in global bank ...
Price controls and propaganda
February 5th, 2017
Most economists agree on one thing; price controls do not work. Many go on to say they create shortages of goods, which inevitably drives black market prices even higher than they would otherwise be. Price controls were last tried ...
Bitcoin is back above $1,000
February 3rd, 2017
Bitcoin is back above $1,000 for the first time since January 5. The cryptocurrency was higher by 1.5% at $1,000.10 a coin as of 11:39 a.m. ET. It’s been a wild year for bitcoin. It began 2017 with a ...