Search Results for: economy
Agricultural commodity prices to fall again in 2018, says Goldman Sachs
December 27th, 2017
Agricultural commodity prices, on course for a third successive year of decline, are on course for a fourth, Goldman Sachs said, even as it lifted its forecast for cotton prices. The investment bank forecast commodity returns overall, as measured ...
Euro Advanced, Australia’s Dollar Climbed, Asian Stocks Were Mixed
December 27th, 2017
Asian stocks were mixed Wednesday in trading thinned by a holiday-shortened week. Oil prices breached $60 a barrel for the first time since 2015 after a pipeline blast in Libya. Japanese equity benchmarks posted slight gains, and Australian stocks ...
Main moves in markets: Asian stocks mixed, Yen was little changed, Euro was up, Pound was flat
December 19th, 2017
Asian stock benchmarks were mixed amid growing optimism that U.S. legislators are on the brink of passing sweeping tax cuts. Benchmarks in Japan and South Korea were down while stocks in Sydney, Hong Kong and China advanced after U.S. ...
GBP to EUR Exchange Rate Briefly Advances
December 19th, 2017
Monday’s UK factory data helped the British Pound to Euro exchange rate to avoid a drop, but the pair’s gains were limited due to appeal in Euro trade as well as persistent Brexit concerns weighing on the Pound’s strength. ...
World Bank: How to sum up 2017?
December 19th, 2017
How to sum up 2017? The global economy improved but there were plenty of unsettling and upsetting events and trends. Catastrophic storms and flooding wrecked homes and livelihoods from South Asia to the Caribbean. Education quality in many countries ...
Europe, Brexit and the credit cycle
December 18th, 2017
Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, ...
These are some of the key events investors will be watching this week
December 18th, 2017
Asia-Pacific stocks kicked off the penultimate week of the year on a positive note after a Republican agreement on the shape of U.S. tax cuts aimed at boosting growth in the world’s largest economy. Equity benchmarks in Tokyo, Hong ...
Yen Rose, Euro Was Little Changed, Dollar Headed For Its First Weekly Loss
December 15th, 2017
Stocks in Asia declined and the dollar headed for its first weekly loss this month as investors assessed messages from Federal Reserve and European Central Bank meetings this week and concerns about the Republican tax overhaul package lingered. Hong ...
Sterling set to sail through choppy waters in 2018
December 13th, 2017
At the end of November, sterling hit a two-month high against both the Dollar and the Euro on the news that Britain may have finally agreed its divorce bill from the European Union (EU). But within days the thorny ...
Dollar pauses after recent jump as Fed outlook eyed
December 12th, 2017
The dollar was flat on Tuesday after strong recent gains as the U.S. Federal Reserve geared up for a two-day policy meeting at which it is widely expected to raise interest rates for the fifth time since late 2015. ...
