Search Results for: gold price
U.S. Stocks, Dollar Retreat as Trump Targets Trade: Markets Wrap
January 24th, 2017
Treasuries rise as Trump strikes protectionist tone on trade Crude slumps, gold rallies as haven trades back in focus U.S. stocks fell with the dollar while Treasuries gained as the Trump administration targeted reworking America’s trade relationships as investors ...
Dollar Drops on Yellen Comments, China Shares Rise: Markets Wrap
January 20th, 2017
Shanghai equities advance as GDP growth tops forecasts Gold heads for fourth weekly gain before Trump inauguration The dollar weakened after Janet Yellen said it’s prudent for the Federal Reserve to gradually adjust policy over time, while Chinese equities extended ...
The Path to $10,000 Bitcoin
January 16th, 2017
So let’s imagine a scenario in which tens of trillions of at-risk wealth suddenly seek an alternative–any alternative to staying in an asset class that’s circling the drain. As my colleague Davefairtex observed recently, the paint isn’t quite dry ...
Malice in Wonderland
January 15th, 2017
Malice in Wonderland Recently, I was quietly reading in my armchair, eyes closing and trying to stay awake, and the next moment I was falling down a rabbit hole. After falling into the void, I found myself outside a ...
Downside Targets for British Pound Against Euro, Dollar
January 14th, 2017
Pound to Euro Rate Today (13-1-16): 1.1410, could go as low as 1.0635 Pound to Dollar Rate Today: 1.2171, 1.09 forecast under hard-Brexit scenario Technical strategists at Credit Suisse have written to clients confirming they retain a negative stance ...
FTSE 100 continues record run, rising for 14th day in a row
January 13th, 2017
U.K. stocks gained for a 14th straight day on Friday, extending their record winning run as the weaker pound spurred investors to buy into British multinationals. The FTSE 100 index UKX, +0.30% rose 0.5% to 7,327.85, on track for ...
FTSE 100 extends a record-breaking run
January 11th, 2017
European stocks rose Wednesday, with London striking another record pinnacle on the sliding pound and rebounding commodity prices. Sterling fell as weak official trade data offset bright industrial output figures — and the currency’s slide gave a fresh impetus ...
Asian Shares Climb Amid Metals Bounce as Yen Slips: Markets Wrap
January 11th, 2017
Iron ore, copper lead materials higher on China growth signs U.S. shares meandered amid angst before Trump media conference Asian stocks rallied, led by a surge in mining companies, after evidence of quickening price growth in China boosted industrial ...
Dollar Drops Further While Asia Stocks Are Mixed: Markets Wrap
January 10th, 2017
U.S. currency continues slide from peak at start of year Japanese shares slump, Hong Kong equities gain for fourth day The dollar slumped for a second day, continuing its slide from a multi-year peak at the beginning of 2017. ...
Korean won weakest major currency followed by pound and yen
January 9th, 2017
Korean won weakest major currency, followed by pound and yen Crude oil price down for first time in four sessions The offshore yuan had its biggest two-day fall since June as most other major currencies also slid, led by ...