Search Results for: economy
Dollar climbs, Gold price retreated, Aussie jumps
June 7th, 2017
Flight to Haven Assets Eases Before Key Events Dollar climbs from eight-month low while stocks turn higher Australian dollar jumps, erasing losses, after GDP report A move toward haven assets ahead of a barrage of key events eased as ...
Bitcoin Alert: New All-Time High For The Cryptocurrency
June 6th, 2017
Bitcoin hit new all-time highs on several exchanges, rising to $2800 in Asian trading, just two weeks after a painful 30% decline that carried BTC’s price below $2000. The most valuable cryptocurrency is up more than three-fold since hitting ...
Dollar weakened and equities retreated as investors turned cautious
June 6th, 2017
Yen climbs to highest in a month, dragging Japan stocks lower Gold gains with 10-year Treasuries; oil resumes declines The dollar weakened and equities retreated as investors turned cautious following a seven-week surge for global stocks. Gold rose and ...
Asia Stocks Rally as Nikkei Tops 20,000; Yen Slips: Markets Wrap
June 2nd, 2017
Japan leads Asian equities after fresh record for S&P 500 All eyes now turn to monthly U.S. jobs report on Friday Asian stocks rallied, with the Nikkei 225 Stock Average topping 20,000 for the first time since 2015, as ...
Is Italy now more close to exit the euro?
June 1st, 2017
Italy’s central bank warned on May 31 that leaving the eurozone would not solve the country’s economic problems, as two major parties campaign to drop the common currency before an election that may come as soon as this autumn. ...
Euro to Pound: Analysts of global financial firm eye breaking of £0.90
June 1st, 2017
EUR / GBP Outlook: Morgan Stanley Eye Breaking of £0.90 Expect the Euro to make further gains against the British Pound say analysts at one of the world’s largest investment banks. “We are buyers of most EUR crosses, helped ...
Time To Add Housing To The Bubble List?
June 1st, 2017
Housing is hot again, but lately it’s been overshadowed by flashier bubbles in government debt, tech stocks and possibly cryptocurrencies. Still, the warning signs are spreading. Today’s Wall Street Journal, for instance, reports that homeowners are back to ...
Asia Stocks Rise as Yuan Strengthens, Oil Rebounds: Markets Wrap
June 1st, 2017
Japan’s Topix gains while China shares slip amid economic data Onshore yuan heads for biggest 4-day gain in almost 12 years Asian equities rose, with a rally in Japan offsetting declines in China, as investors weighed economic data and ...
Dentons expands presence in South East Asia with new office in Myanmar
May 31st, 2017
Dentons, the world’s largest law firm, has expanded its presence within Southeast Asia with the addition of a new office in Yangon, Myanmar. A high calibre team of 5 lawyers, led by Mark Livingston, Resident Partner, joins Dentons Myanmar ...
Asia Stocks Slip as China Rally Fades; Pound Drops: Markets Wrap
May 31st, 2017
Shanghai shares pare gains sparked by manufacturing report U.K. currency slides as poll shows Tories may miss majority Most Asian stocks fell as better-than-expected Chinese factory data wasn’t enough to sway investors concerned over interest rate policies and European ...
