Search Results for: US Dollar
Traders: What key events to watch this week; Euro and Asian stocks gain
June 4th, 2018
Asian stocks gained after U.S. jobs data bolstered optimism in the world’s largest economy, all but firming an interest rate increase from the Federal Reserve later this month. The dollar and the yen weakened as demand for haven assets ...
Scotland has a rehab clinic for people addicted to cryptocurrency trading
June 1st, 2018
If you find yourself taking the “hold on for dear life,” or HODL, stance toward cryptocurrency to the extreme, and can’t help yourself when it comes to buying cryptocurrency, you may be addicted. That’s the view of experts at ...
Stocks take battering as Italian crisis roils financial markets
May 30th, 2018
Asian stocks extended a global sell-off on Wednesday as Italy’s political crisis rippled across financial markets, toppling the euro to a 10-month low, pushing up Italian borrowing costs and sending investors rushing to safe-haven assets such as U.S. Treasuries. ...
Here’s the first deal of the legal sports betting era: Paddy Power Betfair is buying FanDuel
May 24th, 2018
Earlier this month, the U.S. Supreme Court gave the go-ahead to legal sports gambling. Now we have the first result of that deal: Paddy Power Betfair, a U.K.-based sports-betting heavyweight, is buying FanDuel, a big fantasy sports operator. This ...
Most Asian stocks dipped, Gold lost 0.3 percent, Euro fell; Early investors review
May 22nd, 2018
Most Asian stocks dipped in a holiday-hit trading session Tuesday, with the dollar and U.S. Treasuries little changed as crude oil held around its highest New York level since 2014. Companies selling baby products saw gains after news that ...
Is Oil About To Become Front-Page News? “A Glut That Held Prices Down For Years Is Essentially Gone”
May 22nd, 2018
Here’s a new indicator for you: It seems that the difference between the price of oil here and abroad is a measure of tightness in the market, with a rising spread indicating higher prices in the future, ...
The Euro and the Yen fell, Asian Stocks gain; Key events to watch this week
May 21st, 2018
Most Asian stocks gained Monday as U.S. equity futures jumped in the wake of news that the Sino-American trade war is on hold for now. Treasury yields nudged higher, taking the dollar with them. Equity benchmarks rose in Hong ...
Pound jumped, Euro and Yen rose; Stocks in Asia drifted
May 17th, 2018
Stocks in Asia drifted as Treasury yields climbed above 3.1 percent, raising concerns about the appetite for riskier assets. The pound rose on a report that Britain might have reached agreement on its approach toward European customs union. Positive ...
Bitcoin sees Wall Street warm to trading virtual currency
May 10th, 2018
Some of the biggest names on Wall Street are warming up to Bitcoin, a virtual currency that for nearly a decade has been consigned to the unregulated fringes of the financial world. The parent company of the New York ...
Paper gold market normalizing, Silver getting even more extreme
May 7th, 2018
The past few months have seen some unusual, maybe even unique, developments in the gold and silver futures markets, with gold becoming extremely bearish and silver almost ridiculously bullish. Neither imbalance has amounted to much in terms of ...
