Search Results for: crude
The euro and the pound fell; Stocks dropped in Asia on Monday
July 2nd, 2018
Stocks dropped in Asia on Monday after capping their worst quarter since 2015 last month, as investors gird for U.S. tariff hikes on Chinese imports that could damp export demand across the region. Oil fell and the dollar headed ...
U.S. court fined company for fraud in a commodity futures day-trading system
June 27th, 2018
Federal Court orders Jody Dupont of Anderson, South Carolina, and his company, Open Range Trading LLC, to pay $192,000 for defrauding customers in connection with offering and selling futures trading system. The Commodity Futures Trading Commission (CFTC) announced that ...
The dollar fell to a two-week low against the yen on Monday; Investors steered from risk
June 25th, 2018
The dollar fell to a two-week low against the yen on Monday as a latest flare-up in global trade concerns dented investor risk appetites and drove down U.S. yields. The greenback was down 0.4 percent at 109.54 yen after ...
Oil, the petrodollar, and the next emerging market crisis
June 21st, 2018
Oil prices are up over the past year, which is bad if you’re, say, a developing country that imports a lot of the stuff. But the US dollar (aka the petrodollar) is also up, which compounds the problem because ...
Oil prices fell; Oil traders are closely watching a threat by China
June 19th, 2018
Oil prices fell nearly one percent on Tuesday as an escalating trade dispute between the United States and China triggered sharp selloffs in many global markets. Crude was also weighed down by expectations that producer cartel OPEC and key ...
Asian stocks fell, gold rose, Aussie dollar declined; Key events to watch for this week
June 19th, 2018
Asian stocks fell alongside U.S. equity futures and the yen spiked as the U.S. and China engaged in a new round of trade threats. Gold and Treasuries climbed. The steepest slides were seen in Hong Kong and China — ...
Living Dangerously
June 18th, 2018
Regular readers of Goldmoney’s Insights should be aware by now that the cycle of business activity is fuelled by monetary policy, and that the periodic booms and slumps experienced since monetary policy has been used in an attempt ...
Dollar in best week since 2016; Asian stocks traded mixed Friday
June 15th, 2018
Asian stocks traded mixed Friday as plans for U.S. tariffs on Chinese imports revived concerns about global trade growth. The dollar extended gains, heading for its best week since 2016 after the Federal Reserve signaled further tightening in 2018 ...
Asian shares slip on Fed hike; S&P 500 and Nasdaq Composite dropped
June 14th, 2018
Asian shares eased on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening, while concerns about U.S.-China trade frictions kept investors on edge. Chinese retail sales ...
Asian stocks mixed, British pound was little changed: Key financial events to watch
June 13th, 2018
Asian stocks were mixed following a lackluster session in the U.S. as investors await the major central bank meetings this week, after shrugging at Tuesday’s North Korea summit. Japanese shares had a modest gain as the yen dipped, while ...
