Search Results for: fed
A Southeast Asian currency is set to Top 2018’s Emerging-Market list
December 13th, 2018
Having a strong buffer in times of stress does pay off. Just look at the baht. The Thai currency has declined 0.3 percent to 32.672 against the dollar this year as of 1:11 p.m. in Bangkok, the best performance ...
Dollar near 1-month high against its peers
December 12th, 2018
The dollar held near a one-month high against its peers on Wednesday, supported by a rebound in U.S. yields and weakness of the pound as its battering from uncertainty about Brexit continued. The greenback was lifted as long-term U.S. ...
Why China should remove all trade tariffs
December 10th, 2018
I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. It will always be the best way to ...
Latam stocks and currencies fall
December 7th, 2018
A weaker dollar helped limit the decline in Latin American currencies on Thursday, while shares trimmed losses as Wall Street ended off session lows amid worries about slowing global growth, trade, and falling oil prices. Sentiment was hit by ...
G20 and the financial war
December 6th, 2018
Introduction President Trump initiated the trade war with China. There is a widespread assumption he is pursuing his “art of the deal”, coming into negotiations aggressively to get a satisfactory compromise. Therefore, the script goes, China will be ...
Asian stocks slumped with U.S. futures; The Yen rose, the Euro was steady
December 6th, 2018
Asian stocks slumped with U.S. futures, the Treasury yield curve edged closer toward inversion and the yen climbed on Thursday as the investor aversion to risk that’s been prevalent for much of the quarter resumed. Losses deepened in afternoon ...
Boxer Floyd Mayweather and music producer Khaled Khaled charged with unlawfully touting Coin Offerings
December 4th, 2018
The Securities and Exchange Commission (SEC) announced settled charges against professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled, known as DJ Khaled, for failing to disclose payments they received for promoting investments in Initial Coin Offerings (ICOs). These ...
Europe stocks climb as mining, tech shares rise on volatile day
November 30th, 2018
European stocks rose in volatile trading, with mining, technology and industrial shares leading the gains following a sharp rally on Wall Street sparked by dovish comments from Federal Reserve Chairman Jerome Powell. The Stoxx Europe 600 Index was up ...
Bitcoin price crash sparks fears of ‘Massive’ spike in cybercriminal hacking
November 28th, 2018
Bitcoin (BTC) has experienced a troubled couple of weeks as the world’s leading digital asset hit its lowest value since September 2017 this month, sparking fears it could be more vulnerable to hacking from cybercriminals. BTC nosedived in mid-November, ...
German police raids the offices of multinational law firm
November 26th, 2018
For the second time in a year, prosecutors raided the Frankfurt offices of the prestigious law firm Freshfields Bruckhaus Deringer. The raid marked an extension of the investigation of Freshfields’ involvement in dividend stripping, Frankfurt state prosecutors confirmed to ...
