Search Results for: US Dollar
Bonds Selloff Abates as Dollar Snaps Trump Rally; Oil Rebounds
November 15th, 2016
Emerging-market stocks, currencies have first gains in a week Japan bonds fall after auction; 10-year yield touches zero The fallout from Donald Trump’s election to the U.S. presidency showed signs of moderating in financial markets with benchmark Treasuries and emerging-market ...
Elliott Wave Analysis: USD Index Impulsively Continuing Higher
November 14th, 2016
USD index was in big sideways pattern unfolding since start of 2015; slow and overlapping price action with a personality of a contra-trend movement that looks completed based on five waves up from 91.90 level that can be a ...
Dollar climbs as U.S. yields spike; Asia shares divided
November 14th, 2016
The U.S. dollar hit a nine-month peak in Asia on Monday as the risk of faster domestic inflation and wider budget deficits sent Treasury yields ever higher, a painful mix for assets in many emerging market countries. The reflation trade saw ...
Perilous government finances
November 13th, 2016
President-elect Trump stated in his victory speech that he intends to make America great again by infrastructure spending. Unfortunately, he is unlikely to have the room for manoeuvre to achieve this ambition as well as his intended tax cuts, ...
The pound just rose above $1.26 as riots hit the US – and the FTSE 100 falls
November 11th, 2016
The pound jumped above $1.26 this morning for the first time since the so-called flash crash back in October, after riots in the US sent the dollar lower. Sterling strengthened against both the dollar and the euro, rising 0.6 ...
Dollar rides Trump rally, hovers near 3-1/2-month high vs. yen
November 11th, 2016
The dollar hovered near a 3-1/2-month high versus the yen on Friday, after making big gains overnight as the markets prepared for a Donald Trump presidency that could stimulate the U.S. economy fiscally and lift interest rates. The U.S. ...
Markets recover after early losses as Trump elected 45th US President
November 9th, 2016
The newly elect president Donald Trump’s victory speech has reassured investors and calmed down markets which suffered sharp losses early Wednesday. European markets regained ground, the FTSE 100 rebounded after a two percent slump at opening. It was down ...
Gold sees biggest rally since Brexit as Trump leads White House race
November 9th, 2016
Gold jumped nearly 5 percent on Wednesday to its strongest in six weeks as investors sought safe havens after Republican Donald Trump rattled markets by leading Democrat Hillary Clinton in the race for the White House. It marked gold’s ...
European Stocks Set For Cautious Start As US Election Looms
November 8th, 2016
European stocks are likely to open higher on Tuesday, although gains are likely to remain modest ahead of the U.S. presidential election. Roughly 120 million Americans will cast their votes today to determine whether Republican Donald Trump or Democrat Hillary ...
Deloitte executive arrested in South Korea on charges for a multibillion dollar accounting fraud
November 7th, 2016
A former Deloitte Anjin executive was detained Wednesday on charges of deliberately ignoring a multibillion dollar accounting fraud involving embattled shipyard Daewoo Shipbuilding & Marine Engineering (DSME). The Seoul Central District Court issued an arrest warrant for the former ...
