Search Results for: Yen
Risk On/Risk Off: What Schizophrenic Markets Are Telling Us
July 11th, 2016
These trends cannot be reversed with yet another rate cut or another “whatever it takes” announcement. In the conventional investment perspective, risk-on assets (i.e. investments with higher risks and higher potential returns) such as stocks are on a see-saw ...
Asian Shares Jump With Won After U.S. Payrolls Boost; Oil Falls
July 11th, 2016
Topix jumps by most since February after Abe election victory Won jumps with ringgit after hiring picks up in U.S. Asia’s stocks and emerging-market currencies rallied, while commodities gained as heightened prospects for stimulus in Japan and better-than-expected U.S. jobs ...
10 questions about Brexit’s impact on the auto industry
July 7th, 2016
The shock waves from the U.K.’s historic vote to leave the EU are about to hit the global auto industry. Analysts predict that falling sales and rising costs are the most likely outcomes for automakers as Europe’s second-largest car ...
Ex-Rabobank trader to plead guilty in U.S. Libor case
July 7th, 2016
A former Rabobank trader from Australia will plead guilty on Thursday to U.S. charges that he conspired in a huge scandal to manipulate Libor, the leading benchmark for pricing financial transactions, his lawyer said. The expected plea by Paul ...
Global stocks slide, bonds surge as Brexit fears resurface
July 6th, 2016
Asian share markets turned tail on Wednesday as fears over instability in the European Union returned with a vengeance, sending the pound to three-decade lows and hammering risky assets of all stripes. In frantic trading reminiscent of the fateful ...
Something Huge Is Coming From Japan
July 4th, 2016
Pretend, for a minute, that your country responds to the bursting of a credit bubble by borrowing unprecedented amounts of money and using it to prop up banks and construction companies. This doesn’t work, so you create record amounts ...
Interactive Brokers reports DARTs 7% higher and changes in the composition of its currency exposure management unit
July 4th, 2016
Interactive Brokers Group Reports Brokerage Metrics for June 2016 and New “GLOBAL” Composition Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, reported its Electronic Brokerage monthly performance metrics for June, and changes in ...
Time to Go Long the British Pound?
July 4th, 2016
Well they did it. British voters opted to leave the European Union, and in the process sent the financial markets into a tailspin. But the biggest victim here would appear to be the British pound. The night of the ...
Asian stocks recoup losses, Aussie wobbles on uncertain election
July 4th, 2016
Asian shares shrugged off early losses and edged higher on Monday, while the Australian dollar was under pressure after no clear winner emerged from a weekend election. Activity across much of the region was subdued ahead of the U.S. ...
Pound logs biggest quarterly drop since the financial crisis
July 1st, 2016
The British pound records its biggest quarterly drop since the financial crisis on Thursday after Bank of England Governor Mark Carney says the central bank would likely need to further ease monetary policy this summer. The British pound fell ...
