Search Results for: US Dollar
This Is What Gold Does In A Currency Crisis, Brexit Edition
October 27th, 2016
In June the UK shocked the world – or at least the world’s elites – by voting to pull out of the European Union. Economists predicted disaster, EU leaders threatened pain for British exporters and tourists, and the ...
Oil prices drop as Iraq says doesn’t want to join OPEC cut
October 24th, 2016
Oil prices fell early on Monday as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market, and as U.S. drillers stepped up work. Brent crude futures ...
Blockchain platform developed by Banks to be Open-Source
October 23rd, 2016
A blockchain platform developed by a group that includes more than 70 of the world’s biggest financial institutions is making its code publicly available, in what could become the industry standard for the nascent technology. The Corda platform has ...
Asian Stocks Weighed Down by Earnings as Euro Declines With Oil
October 21st, 2016
Crude falls on Russia supply concerns as dollar strengthens Hong Kong’s financial markets shut owing to Typhoon Haima Asian stocks snapped a three-day winning streak as corporate earnings gave cause for caution and the euro sank to its weakest ...
Gold prices are modestly higher in early U.S. trading Thursday
October 20th, 2016
Gold prices are modestly higher in early U.S. trading Thursday. A slightly downbeat U.S. weekly jobless claims report that showed a rise in claims is helping out the precious metals bulls. Some more chart-based buying is also seen as ...
Asian Stocks Rise With U.S. Futures, Mexican Peso After Debate
October 20th, 2016
Oil near 15-month high on surprise drop in U.S. stockpiles Aussie weakens on jobs data; euro steady ahead of ECB meeting Asian stocks rose with U.S. equity index futures and the Mexican peso as the third and final American ...
More Good News For Gold Bugs: The Bottom Is Getting Closer
October 18th, 2016
In the latest gold and silver commitment of traders (COT) report (click here for an explanation of what this report involves), paper players made big strides in bringing the market back into balance — and setting the stage for ...
Asian Stocks Rise as Mixed U.S. Data Damp Rate Hike Outlook
October 18th, 2016
Japan’s Topix index fluctuates between gains and losses N.Z.’s benchmark index tumbles 1.3 percent to three-month low Asian stocks rose as mixed U.S. economic data supported the case for monetary policy to remain accommodative. The MSCI Asia Pacific Index ...
Why Oil Prices Are Bothering the AUD
October 17th, 2016
Historically, there hadn’t been much of a strong correlation between crude oil and the Australian dollar, whether it’s a positive or negative one. These days, however, the rise in the commodity seems to be accompanied by a drag on ...
Research: Almost 70% of lawyers believe they work in the most stressful profession
October 17th, 2016
Nearly 70% of lawyers believe they work in the most stressful profession, according to research. A study — undertaken by virtual outfit, Keystone Law — questioned more than 300 legal professionals (predominantly associates and partners) from top 50 to ...
