Search Results for: central bank of China
Gold is the only sound money
March 11th, 2016
This article notes that the technical situation for the gold price has sharply improved, to the evident surprise of many mainstream analysts. It discusses possible reasons behind the turnaround, and implications for the future The technical situation is shown ...
Oil Prices Sink As Investors Lose Faith In OPEC Freeze
March 11th, 2016
Two hundred and twenty-two years after John Stone patented the pile driver, and the oil market is trying to dodge getting hammered today. After yesterday’s EIA-inspired hullabaloo, oil is looking lower. Here are seven things to consider on this ...
Asia markets erase early losses as traders digest ECB easing
March 11th, 2016
Asia markets reversed early losses to trade mostly higher on Friday, as traders digested fresh easing from the European Central Bank (ECB) overnight. The Japanese benchmark Nikkei 225 erased losses to close up 86.52 points, or 0.51 percent, at 16,938.87. The ...
Mark Carney: EU exit is ‘biggest domestic risk’
March 9th, 2016
The possibility of Britain leaving the EU is the “biggest domestic risk to financial stability”, Bank of England governor Mark Carney has said. He told the Treasury Committee that an exit vote could create economic uncertainty, although he added ...
Yuan Breaks Four-Day Advance as Leaders Shy Away From Specifics
March 7th, 2016
Traders ignore PBOC fixing set at highest in two months Nation to orderly realize convertibility by 2020: plan The yuan snapped a four-day run of gains as China’s leaders refrained from announcing specific support measures at their biggest gathering ...
Asian shares hit two-month high after solid U.S. job growth
March 7th, 2016
Asian shares hit two-month highs on Monday, extending sharp gains from last week, following upbeat U.S. jobs data, a rebound in oil and commodity prices and a flurry of reassurances from Chinese leaders that the economy would remain on ...
Major Asian markets retreat, with Shanghai down 1.4%
March 4th, 2016
Major Asian markets lost their positive momentum on Friday, largely ignoring another upward finish on Wall Street overnight. Japan’s benchmark Nikkei 225 was flat, while South Korea’s Kospi was down 0.14 percent. Chinese markets were also lower, with the Shanghai composite down 1.36 percent and ...
Businesses struggled from Asia to Europe in February
March 3rd, 2016
Global business growth slowed last month as services from Asia to Europe reported waning demand and little or no inflationary pressure, suggesting more central bank stimulus may be needed, surveys showed. Euro zone businesses had their worst month in ...
Asia stocks mostly higher, with HSI trailing the pack
March 3rd, 2016
Hong Kong’s Hang Seng index was the odd one out as markets across Asia extended gains on Thursday ahead of a series of key global events due to take place in the coming days. Japan’s benchmark Nikkei 225 was up 1.11 ...
Swiss Economy Returns to Growth as Franc Shock Overcome
March 2nd, 2016
Fourth-quarter GDP rose 0.4% vs estimate for 0.1% increase SNB expects growth to accelerate in 2016 versus last year The Swiss economy returned to growth at the end of last year as it fought off the impact of a ...
