Search Results for: US Dollar
Analysts predicts Gold price to rise on back of US election
November 7th, 2016
Gold, the traditional store of wealth and a so-called safe haven, is set for a price rise on the back of the US presidential election, regardless of who wins. Some analysts are putting a $US100 premium on it if ...
No matter who wins US Election markets are betting on one truly safe investment
November 7th, 2016
No matter who wins the race for the White House, markets are betting on one truly safe investment, and that is the currency of a country with bleak economic prospects – Japan. Markets had long been pricing in a ...
Oil prices rise on Nigeria pipeline attack, weaker dollar
November 3rd, 2016
Crude oil futures rose on Thursday as an attack on a Nigerian oil pipeline and a weaker U.S. dollar buoyed sentiment in the market, lifting prices from five-week lows. Brent crude was trading up 50 cents, or 1.1 percent, ...
Markets brace for ‘black swan’ impact of US presidential election
November 1st, 2016
The reopening of the FBI investigation into Hillary Clinton’s emails may result in a surprise outcome of the US presidential election on November 8, which could shock global stock markets worse than any ‘black swan’, Citi analysts warn. “With ...
Asian Stocks Rise With Metals on China PMI as RBA Boosts Aussie
November 1st, 2016
Australian rate-cut bets pared after central bank meeting China manufacturing gauges increase to two-year highs Asian stocks reversed losses and industrial metals rallied after an unexpected pickup in manufacturing in China, the biggest driver of global economic growth. Australia’s ...
Asian Energy Stocks Fall as OPEC Split Hits Oil; Dollar Gains
October 31st, 2016
Crude drops after OPEC talks end without individual quotas Gold rises after FBI reopens probe of Clinton’s emails Asian energy stocks fell with oil after the world’s biggest crude producers failed to agree on supply cuts, while rising metals prices ...
Asia shares extend losses, dollar off highs
October 27th, 2016
Asian shares extended losses on Thursday after disappointing earnings from technology giant Apple dragged on Wall Street, while the dollar remained shy of this week’s nearly nine-month highs. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down ...
BoE Carney Against Further Rate Cuts and Stimulus
October 26th, 2016
The British pound was falling versus its major peers on Tuesday, ahead of BoE Governor Mark Carney’s testimony before the House of Lords Economic Committee. The pound rebounded during the speech, as the Governor stated the market is “mistaken” ...
Dollar Climbs as Asian Stocks Advance Amid Earnings; Oil Falls
October 24th, 2016
Speeches by Fed officials may affect outlook for U.S. rates Offshore yuan sinks toward all-time low after record outflows The dollar strengthened versus most of its major peers, buoyed by the prospect of U.S. interest rates being raised at ...
Asian Stocks, Aussie Trim Gains After China Data as Crude Climbs
October 19th, 2016
Chinese GDP growth stabilized; factory output missed estimates Oil nears $51 as industry report signals drop in U.S. supplies A touch of caution was evident in financial markets after a slew of Chinese data that largely painted a picture of stabilization ...
