Search Results for: currency market
Surging yen sends Nikkei tumbling 3.1 percent ahead of BOJ meeting
June 13th, 2016
Asian markets ended sharply lower Monday, ahead of central bank meetings in the U.S. and Japan this week and amid jitters over the upcoming referendum on whether the U.K. would remain in the European Union. Japan’s Nikkei 225 tumbled 582.18 points, ...
George Soros Is Back In The Cockpit And He’s Buying Gold Stocks
June 10th, 2016
George Soros is back in the cockpit. The billionaire fund investor is reportedly responsible for a series of bearish bets made by Soros Fund Management, a $30 billion “family office,” made earlier this year. The Wall Street Journal’s Gregory Zuckerman made a splash ...
Can Bitcoin Technology Solve the Migrant Crisis?
June 9th, 2016
Staci Warden of the Milken Institute argues that the blockchain could be the future of border control REFUGEES FROM WAR-TORN NATIONS often give up everything they have in an attempt to create a better future for themselves and their ...
4 Unexpected Events That Would Rocket Bitcoin in 2016
June 9th, 2016
The price of bitcoin is undoubtedly volatile, and the enormous swings in price, both up and down, can be difficult to analyze and even harder to predict. A lot of what happens in bitcoinland is wildly unexpected; here are ...
Oil, Metals Rally as Fading Fed Move Prospects Keep Dollar Weak
June 9th, 2016
China markets closed; consumer prices rise as May PPI slips Kiwi strengthens; Japanese shares decline as yen advances Oil and metals advanced as mounting speculation the Federal Reserve will hold off on raising interest rates until later in the ...
Deutsche Borse announced new Amundi bond index launched on Xetra
June 8th, 2016
Deutsche Börse Cash Market: A new exchange-listed bond index ETF issued by Amundi has been tradable on Xetra and Börse Frankfurt since Tuesday. Name: Amundi ETF Floating Rate USD Corporate UCITS ETF – Hedged EUR Asset class: bond ETF ISIN: FR0013141462 ...
Euro, Dollar Slide in Global FX Reserves
June 8th, 2016
The currencies slumped to 15-year lows last year, according to European Central Bank The euro and dollar both lost ground as international currencies last year, slumping to 15-year lows in their share of global foreign-exchange reserves, according to an ...
Why the bitcoin has become China’s new darling
June 8th, 2016
Speculation over yuan devaluation and the mainland’s anti-corruption drive have contributed to the currency’s growing popularity Bitcoin has become the new darling of mainland punters amid a slumbering stock market, heightened expectations of the yuan’s devaluation and even the ...
Asian Stocks Rise With Won on China Trade Data; Oil Above $50
June 8th, 2016
Chinese imports rose in yuan terms for first time since 2014 Shanghai, Hong Kong shares pare losses as kiwi strengthens Asian stocks recovered from earlier losses and South Korea’s won extended gains as Chinese trade figures added to evidence the ...
Asia currencies jump after weak US jobs report dents Fed interest rate hike hopes
June 7th, 2016
Asia currencies got a bump up Monday after the dollar took a hit from a weaker-than-expected U.S. jobs report, but it isn’t clear if the move is sustainable. U.S. nonfarm payrolls rose by only 38,000 in May, a far ...