Search Results for: International Monetary Fund’s
European stocks were mixed on Wednesday; The biggest movers
October 7th, 2020
European stocks were mixed on Wednesday morning as investors digested a robust round of earnings and President Trump’s decision to halt stimulus talks until after the November election. The pan-European Stoxx 600 hovered just above the flatline in early ...
Asian Stocks Rise With Industrial Metals as Fed Bets Buoy Dollar
October 25th, 2016
Nidec, SK Hynix rally after earnings; Apple reports Tuesday Kospi drops as South Korea tourism threatened by China spat Asian stocks rose to a two-week high and industrial metals advanced, buoyed by a generally upbeat corporate earnings season and ...
Yuan Set for Biggest Weekly Drop Since January as Pressures Rise
October 14th, 2016
Decline in exports supports case for further depreciation: ANZ Chinese currency retreats as dollar climbs on Fed rate bets China’s yuan headed for the biggest weekly decline since January as mainland markets returned from holidays to face intensified depreciation ...
Asian Stocks Rebound as Deutsche Bank Concern Ebbs; Pound Drops
October 3rd, 2016
German lender’s U.S. fine reported to be less than feared U.K.’s May says Brexit process to start by end of March Asian stocks rose and regional bonds fell as concern about Deutsche Bank AG’s finances eased after the lender ...
PBOC Boosts Weekly Injections as Yuan Climbs Amid Stability Bets
September 14th, 2016
Yuan interbank rates in Hong Kong surge before China holidays Monetary authority pumps in $57.7 billion, most since April China’s central bank boosted its cash injections to a five-month high, fueling speculation that it is looking to steady the ...
Panic dominates among currency traders in Egypt following parliament’s decision for tough punishments
August 16th, 2016
Employees in exchange companies in the informal market express concern, outrage over parliament’s recent decision to crackdown on currency traders A state of panic has broken out among exchange companies trading the US dollar following parliament’s decision on Thursday ...
The top 10 countries with the largest gold holdings
May 26th, 2016
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year they collectively added 483 tonnes—the second largest annual total since the end of the gold standard—with Russia ...
Athens prepares for fresh round of bailout talks, possible extra measures
April 18th, 2016
Prime Minister Alexis Tsipras is holding a series of meetings on Monday ahead of the return of Greece’s lenders to Athens for the first bailout review. Tsipras is speaking to advisers and key government members as the coalition prepares ...
Emerging Currencies Halt Rally as Singapore Flags Growth Risks
April 14th, 2016
Malaysian ringgit leads declines after Singapore eases policy Won sinks on Korean election shock as dollar extends advance Emerging-market currencies fell for the first time in six days as Singapore surprised markets by easing monetary policy, spurring speculation other ...
China Drafts Rules for Tobin Tax on Currency Transactions
March 15th, 2016
Initial rate of levy may be kept at zero, people familiar said The rules still need central government approval, they said China’s central bank has drafted rules for a tax on foreign-exchange transactions that would help curb currency speculation, according ...
