Search Results for: emerging markets
Deutsche Bank traders reaped $35 million on Turkey turmoil
August 16th, 2018
Deutsche Bank AG fixed-income traders generated a $35 million profit in two weeks as economic turmoil in Turkey triggered a slump in assets across emerging markets, according to people with knowledge of the matter. The traders, who work on ...
Pound frail on worries over no-deal Brexit, dollar steady
August 7th, 2018
The pound stayed fragile on Tuesday after falling to an 11-month low against the dollar overnight on worries over a ‘hard’ Brexit from the European Union, while simmering U.S.-China trade tensions provided support to the greenback. Comments from officials ...
Asia stocks fall, euro slipped; Key events coming up this week
July 3rd, 2018
Asia stocks extended declines and the yuan slumped once again amid debate surrounding the impact of an escalating trade war and fear of contagion to emerging markets. Treasury yields dipped and the dollar steadied. Share indexes in Tokyo and ...
Dollar in best week since 2016; Asian stocks traded mixed Friday
June 15th, 2018
Asian stocks traded mixed Friday as plans for U.S. tariffs on Chinese imports revived concerns about global trade growth. The dollar extended gains, heading for its best week since 2016 after the Federal Reserve signaled further tightening in 2018 ...
Asian shares slip on Fed hike; S&P 500 and Nasdaq Composite dropped
June 14th, 2018
Asian shares eased on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening, while concerns about U.S.-China trade frictions kept investors on edge. Chinese retail sales ...
When Will Gold’s “Summer Doldrums” End? History Says Pretty Soon
June 13th, 2018
This has been a uniquely boring stretch for gold and silver – especially considering all the things going on in the world that ought to light a fire under precious metals. In just the past few weeks, the US ...
Traders: What key events to watch this week; Euro and Asian stocks gain
June 4th, 2018
Asian stocks gained after U.S. jobs data bolstered optimism in the world’s largest economy, all but firming an interest rate increase from the Federal Reserve later this month. The dollar and the yen weakened as demand for haven assets ...
Yen to Dollar rose, Euro was steady, Pound gained; Most Asian equities declined
May 24th, 2018
Japan stocks led declines in most Asian equities, with the yen extending gains amid more twists and turns on trade and lingering emerging-market risks. The dollar was steady and 10-year Treasury yields extended their decline below 3 percent. Automakers ...
The Euro, Japanese Yen and Australia Dollar fell; Asian stocks mixed
May 9th, 2018
Asian stocks were mixed and crude oil climbed past $70 in New York after President Donald Trump scrapped the nuclear deal with Iran. Treasury yields advanced toward 3 percent, helping stoke gains in the dollar against the yen. Equity ...
Key events for traders coming up this week; Asian stocks mixed, Dollar fluctuates
May 7th, 2018
Asian stocks started the week mixed after oil gained to the highest in more than three years and the dollar fluctuated close to its recent high. Shares pared earlier losses in Japan while climbing in Australia and Hong Kong. ...