Search Results for: Wall Street
Europe stocks climb as mining, tech shares rise on volatile day
November 30th, 2018
European stocks rose in volatile trading, with mining, technology and industrial shares leading the gains following a sharp rally on Wall Street sparked by dovish comments from Federal Reserve Chairman Jerome Powell. The Stoxx Europe 600 Index was up ...
European stocks dropped on Tuesday; Investors monitor Brexit and Italian budget plans
November 27th, 2018
European stocks dropped on Tuesday, as investors monitored a number of political events including Brexit and Italian budget plans, and digested further comments from President Donald Trump. The pan-European Stoxx 600 was 0.3 percent lower with the various sectors ...
Why interest rates are rising long-term
November 23rd, 2018
There are growing expectations that the current cycle of rising interest rates will result in a deflationary recession. While a credit crisis is increasingly likely to evolve in the coming months, it is a highly inflationary situation. A ...
European stocks bounce back after global equity sell-off
November 22nd, 2018
European stocks closed higher Wednesday, clawing their way back from sharp losses sustained in the previous session. The pan-European Stoxx 600 finished provisionally up 1.2 percent during the day’s deals, with all sectors and major bourses in positive territory. ...
LatAm stocks, currencies down as tepid investor appetite weighs
November 21st, 2018
Latin American currencies and stocks extended losses on Tuesday, swept up in a global sell-off fueled by concerns of slowing global growth and investors pivoting toward safer assets in the developed world. MSCI’s indexes of Latin America stocks and ...
Dollar climbs to 16-month peak; pound falls on Brexit fears
November 13th, 2018
The dollar reached a 16-month high on Monday against a basket of currencies as investors built bets on a Federal Reserve interest rate increase next month, and political risks in Europe which put pressure on the euro and the ...
Citibank agreed to pay millions to settle charges
November 8th, 2018
The Securities and Exchange Commission (SEC) announced that Citibank N.A. has agreed to pay $38.7 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs). ADRs – U.S. securities that represent foreign shares of a foreign ...
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
November 1st, 2018
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...
Gold Is Becoming Cool Again
October 31st, 2018
The sentiment shift is still subtle, but it’s both real and widespread. After a few years of being ignored and/or dismissed as basically useless, gold is cool again, attracting positive press and increasing accumulation by big investors. India, for ...
U.S. Dollar closes at highest level since 2017
October 26th, 2018
The dollar closed at its highest level in more than a year Thursday, buoyed by investors fleeing from volatile equity markets. The WSJ dollar Index, which measures the U.S. currency against a basket of 16 others, rose 0.1% Thursday ...
