Search Results for: US Dollar
Oil prices fall on rising U.S. crude stocks, OPEC output concerns
December 14th, 2016
Oil prices fell on Wednesday following a reported rise in U.S. crude inventories and an estimate that OPEC may have produced more crude in November than previously thought, potentially undermining a planned output cut. U.S. West Texas Intermediate (WTI) ...
Euro Devaluation Accelerates – Millions Of Europeans Wishing They’d Bought Gold
December 10th, 2016
Euro Devaluation Accelerates – Millions Of Europeans Wishing They’d Bought Gold ECB Chairman Mario Draghi’s announcement of bigger and better QE this morning should have surprised no one. The fact is that the eurozone is coming apart at the ...
Nikkei hits record high after Wall St boos
December 9th, 2016
Japan’s Nikkei index has hit a one-year high, boosted after Wall Street posted a record close overnight. This was part of a month-long rally since Donald Trump’s election victory and markets hope that he will introduce new stimulus measures ...
Enforcement Director Andrew J. Ceresney to Leave SEC
December 9th, 2016
The Securities and Exchange Commission today announced that Enforcement Director Andrew J. Ceresney will leave the agency by the end of the year. During his nearly four years as head of the agency’s largest division, Mr. Ceresney implemented approaches ...
Oil Advances With Asian Stocks While Bonds, Korean Won Decline
December 9th, 2016
Bonds retreat after ECB says it will slow asset purchases European index futures little changed at the start of trading Oil rose a second day before a meeting between OPEC and other major producers on output cuts, as industrial ...
Merrill Lynch to its brokers: make at least two client referrals to avoid a cut in pay
December 8th, 2016
Merrill Lynch will require its brokers to make at least two client referrals to other parts of parent Bank of America Corp. next year to avoid a cut in pay, a move that comes as Wall Street brokerages try ...
The price of Bitcoin could hit more than $2,000 in 2017
December 7th, 2016
The price of Bitcoin could hit more than $2,000 in 2017 driven by expectations that U.S. President-elect Donald Trump may introduce economic stimulus policies, which could send inflation soaring and propel the dollar to record highs, a report from ...
China tops world fintech rankings
December 6th, 2016
China has outpaced London, New York and Silicon Valley to become the world’s undisputed global fintech leader, according to a report by DBS and Ernst & Young. Neal Cross, DBS chief innovation officer, says favorable government policies and regulations ...
Euro steadies after short-covering rally, eyes on ECB and Italy
December 6th, 2016
The euro steadied on Tuesday, having bounced from a near 21-month low set the previous day after Italian Prime Minister Matteo Renzi’s loss in a referendum over constitutional reform, an outcome that traders had widely expected. Renzi announced on ...
What to know now following Italy’s “NO” result and Renzi resignation
December 5th, 2016
Italy’s Prime Minister Matteo Renzi has said he will officially resign Monday, after voters apparently rejected his proposals for constitutional reform. What should investors keep an eye out for after his defeat? Although the referendum on Sunday was officially ...
