Search Results for: economy
Asian Stocks Advanced; Here Are Some Of The Key Events Coming This Week
December 11th, 2017
Asian Stocks advanced, though volumes were subdued, after U.S. labor market figures lifted optimism on global growth, propelling Wall Street to fresh record highs. The dollar declined. The Nikkei 225 Stock Average reclaimed a 26-year high as Tokyo shares ...
Stock Market 2018: The Tao vs. Central Banks
December 7th, 2017
The central banks claim omnipotent financial powers, and their comeuppance is overdue. I will be the first to admit that invoking the woo-woo of the Tao as the reason to expect a reversal of the stock market 2018 ...
Pound to Euro Exchange Rate Worsens as Brexit Agreement Remains Elusive
December 6th, 2017
The Pound has struggled to make any gains, having tumbled against the Euro because of growing fears of missed Brexit deadlines. The Euro has had a much better day of trading, having advanced against the dented Pound thanks to ...
Australian Dollar Jumped, Euro Was Steady; Key Financial Events In The Coming Days
December 5th, 2017
The Australian dollar jumped on stronger-than-expected retail sales data and comments on inflation from the central bank. Stocks in Asia traded mixed as investors assessed gains spurred by the passage of the U.S. tax cuts in the Senate that ...
The U.S. dollar bounced to a two-week top
December 4th, 2017
The U.S. dollar bounced to a two-week top on Monday and S&P futures jumped as traders marked the passage of a Senate tax bill over the weekend, a move that raises the risk of more aggressive rate hikes in ...
Monetary update for the dollar
December 1st, 2017
A dispassionate look at the quantities and flows of fiat dollars tells us much about the current state of the US economy, and therefore prospects for the dollar itself. This is a starting point for understanding the dynamics likely ...
Next steps against fake news
December 1st, 2017
Next steps against fake news: Commission sets up High-Level Expert Group and launches public consultation. The EU Commission launched a public consultation on fake news and online disinformation and set up a High-Level Expert Group representing academics, online platforms, ...
ASIC reports on cyber resilience assessments of financial markets firms
November 30th, 2017
An ASIC report on the cyber resilience of over 100 firms operating across Australia’s financial markets has shown a growing understanding of cyber risks, but there is still some progress to be made. Report 555 Cyber resilience of firms ...
Oil prices falls on doubts over extending output cuts
November 29th, 2017
Oil prices fell on Wednesday on doubts OPEC and Russia will agree on extending a crude production cut that the market has already priced in, and after a report of an unexpected rise in U.S. crude oil inventories. U.S. ...
Asian Stocks Were Mixed, Yen Little Changed, Korean Won And Pound Rose
November 29th, 2017
Asian stocks were mixed as Chinese shares swung between gains and losses and a North Korean missile test overshadowed a surge in U.S. equities. The dollar was steady as U.S. tax cuts inched closer to reality. Shares in Tokyo ...
