Search Results for: Yuan
Yen climbs with Aussie and kiwi as Asian Stocks Mixed
March 8th, 2017
Japan shares drop while Hong Kong equities gain after data Yen climbs with Aussie and kiwi; crude slumps below $53 Asian stocks were mixed as investors continued to assess the staying power of a rally that brought global equities ...
Central banks and gold
March 5th, 2017
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually ...
Global (economic) warming
February 26th, 2017
If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further fiscal and monetary expansion will begin to create …. economic ...
Asian markets dip as investors cash out after dovish Fed minutes
February 24th, 2017
Shares in Asia lost ground Friday as dovish signals from the U.S. Federal Reserve weakened the dollar, with possible consequences for the competitiveness of Asian exports. The Nikkei Stock Average NIK, -0.45% was down 0.2% with the S&P/ASX ...
Bitcoin prices touch fresh 3-year high
February 22nd, 2017
The price of a single bitcoin leapt to its highest level in more than three years on Tuesday, as traders bought up coins in anticipation of the Securities and Exchange Commission’s ruling on a proposed bitcoin exchange-traded fund. One ...
China’s bitcoin traders are finding new ways to trade
February 21st, 2017
China’s central bank has stepped up oversight of bitcoin exchanges this year, leading major trading platforms to impose halts on withdrawals and other checks to appease the regulator. But Chinese traders aren’t playing along—they are apparently flocking to peer-to-peer ...
How China Influences Bitcoin Price, Explained
February 17th, 2017
1.Why has Bitcoin price become volatile again? The short answer to that question is China. On Feb. 9, 2017, Bitcoin price has plunged by more than 9%. The fall took place after an extended period of growth: Bitcoin value ...
Two of China’s Biggest Bitcoin Exchanges Stop Bitcoin Withdrawals
February 10th, 2017
Two of China’s most widely used bitcoin exchanges have announced that they will suspend bitcoin and litecoin withdrawals for one month effective immediately. Yuan recharge, withdrawals and other services will not be affected, the exchanges said. In public posts ...
Bitcoin price falls on news of coming from China
February 9th, 2017
Bitcoin price falls as Chinese authorities meet with exchanges Bitcoin traders are once again fearful of a crackdown in one of the digital currency’s largest markets Bitcoin prices retreated Wednesday following reports that China’s central bank is holding a ...
Bitcoin hits one-month high after drop in China FX reserves
February 8th, 2017
Bitcoin jumped more than 2 percent Tuesday to its highest since Jan. 4 amid a surge in speculative activity in Chinese exchanges after a drop in China’s foreign exchange reserves. “The volume in the Chinese exchanges is starting to ...
