Search Results for: currencies
Main moves in the markets and key events coming this week; Asian markets early review
September 6th, 2017
Stocks fell in most Asian markets as nations grapple with how to deal with escalating provocations from North Korea. The yen was near its strongest level for the year and U.S. Treasury yields were at their lowest since the ...
China’s Central Bank Is Banning Initial Coin Offerings
September 5th, 2017
Initial coin offerings, or ICOs, are the hot fundraising tactic of the year, giving startups—usually cryptocurrency-related ones—the chance to get funded in exchange for virtual coins rather than company shares. But China isn’t hopping on board. On Monday, the ...
Comparing Forex Brokers in 2017: Not As Easy As Before
September 4th, 2017
There’s an abundance of newcomer forex broker coming into the market with each passing year. 2017 is proving itself especially difficult to compare forex brokers in. Not only there are a lot more fx brokers than in previous years, ...
Swiss franc, gold advance as risk-off stance is back on
September 4th, 2017
Asian stocks fell as investors turned to haven assets after North Korea’s dictatorship tested a nuclear bomb on Sunday, sending the yen, gold and Treasury futures higher. The MSCI Asia Pacific Index was on track for the biggest drop ...
Dollar gains, Euro was steady, Yen fell, Gold declined; Traders review
August 31st, 2017
Asia Stocks Mixed Ahead of U.S. Jobs; Dollar Gains Asian shares were mixed after data underscored the resilience of the American and Chinese economies, while the U.S. administration sent mixed signals on North Korea and its latest missile launch. ...
Russian govt wants to protect public from bitcoin trading as it resembles ‘financial pyramid’
August 30th, 2017
The Moscow Exchange is working on a mechanism to regulate trading in bitcoin and other digital currencies. At the same time, the Russian Finance Ministry says bitcoin resembles a pyramid scheme, and trading should be limited. “We are already ...
How Bitcoin is making waves in the luxury market
August 28th, 2017
When Bitcoin and a subsequent raft of cryptocurrencies first landed in the early part of the decade, many people — including noted economists and finance experts — dismissed them as a fad. These new forms of digital money were ...
An early review of the main moves in markets: Yen advanced, U.S. equity futures fell
August 28th, 2017
Asian stocks fluctuated and U.S. equity futures fell as investors weighed the damage from Tropical Storm Harvey on U.S. oil refining centers. The greenback maintained losses after Federal Reserve Chair Janet Yellen failed to provide clues on monetary-policy tightening. ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...
Russia has plans to introduce its own digital currency
August 25th, 2017
Russia has plans to introduce its own digital currency running on blockchain technology, according to First Deputy Prime Minister Igor Shuvalov. The FSB “is actively working at the international level and wants to ensure that security issues are solved ...
