Search Results for: U.S. economy
G7 urges tight regulations for digital currencies
July 25th, 2019
Digital currencies such as Facebook’s planned Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world’s financial system, Group of Seven finance ministers and central bankers said on Thursday. ...
Bitcoin vs Libra
July 22nd, 2019
Bitcoin vs Libra: Here are the key differences between the two cryptocurrencies Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they’re used. CNBC runs through the key differences between ...
The financial war escalates
July 3rd, 2019
Behind the scenes, the financial war between America and China is escalating dangerously into a war to secure global financial resources. At a time of growing liquidation of dollar assets by foreigners, the US Treasury’s internal analysis will highlight ...
Europe gives up on sound money, prepares to join the currency war
July 3rd, 2019
Not so long ago, Europe seemed to have its financial house more-or-less in order. German government spending was actually falling. Industries that had been nationalized in the socialist 70s were being privatized. The European Central Bank – run by ...
Emerging Currencies Review: Currencies and stocks gain, led by Chinese markets
June 12th, 2019
Emerging markets gained on Tuesday as the Chinese government moved to support its stocks and currency, but new tariff threats in the U.S-China trade war kept risk appetite subdued. MSCI’s emerging-market shares index rose to its highest in nearly ...
Europe stocks seen mixed as trade war fears continue
May 8th, 2019
European stocks were seen mixed Wednesday morning as the escalating threat of a trade war between the U.S. and China continues to weigh on major markets. The pan-European STOXX 600 index dropped 0.14% after the bell, with the travel ...
Euro held above a three-month low on Thursday; Australian dollar was up 0.6 percent
February 14th, 2019
The euro held above a three-month low on Thursday as improved Chinese trade data and hopes of progress in China-U.S. trade talks lifted risk sentiment, with the Australian dollar leading gains by more than half a percent. Even economic ...
Dollar rose against most other currencies
February 11th, 2019
The dollar rose against most other currencies on Monday, holding near a six-week high as fresh worries about U.S.-Sino trade tensions and global growth drove appetite for safe-haven assets. “U.S.-China talks are the big focus for the week and ...
Review: European stocks were slightly lower Monday; Europe’s autos stocks led the losses
February 5th, 2019
European stocks were slightly lower Monday, as market participants monitored another flurry of corporate earnings results. The pan-European Stoxx 600 edged 0.2 percent lower during afternoon trade, with most sectors and major bourses in negative territory. Europe’s autos stocks, ...
European shares climbed on Thursday; Tech sector led the way
January 24th, 2019
European shares climbed on Thursday as better-than-expected results from chipmaker STMicro delivered a boost to the tech sector, shaking the market out of a subdued mood caused by slowing global growth. The pan-European STOXX 600 gained 0.4 percent by ...