Search Results for: oil
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 ...
Asian stocks mixed, British pound was little changed: Key financial events to watch
June 13th, 2018
Asian stocks were mixed following a lackluster session in the U.S. as investors await the major central bank meetings this week, after shrugging at Tuesday’s North Korea summit. Japanese shares had a modest gain as the yen dipped, while ...
The dollar edged up to a three-week high against the yen
June 12th, 2018
The dollar edged up to a three-week high against the yen on Tuesday amid hopes that the closely-watched U.S.-North Korea summit can pave the way towards a reduction in tensions between the two old foes. U.S. President Donald Trump ...
Asian shares edged higher on Monday; Investors kept an eye on trade tensions
June 11th, 2018
Asian shares edge higher amid trade tensions and ahead of central bank meetings. Markets in the region edged higher on Monday, shrugging off the cautious mood seen earlier as investors focused on a mix of trade tensions and a ...
Swiss lawyer jailed for telling tales about Russian business clients to British and US agencies
June 7th, 2018
Matthew Parish, a lawyer from Geneva, has been sentenced to two months in a Swiss jail for libel and breaking attorney-client privilege after two Russian oil traders accused him of blackmailing them. According to a criminal complaint filed against ...
Global stocks rally extends in Asia; The Euro and Japanese Yen rose
June 7th, 2018
A global stocks rally extended its run in Asia Thursday on confidence the global economic expansion remains intact and continuing momentum in U.S. technology shares. Treasuries held losses, with 10-year yields just under 3 percent. Equities gained from Tokyo ...
Asian stocks rose on Wednesday, S&P 500 dipped, Euro gained
June 6th, 2018
Asian stocks rose on Wednesday after tech sector strength lifted Wall Street shares while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs. MSCI’s broadest index of ...
Gold’s Monetary Rehabilitation
June 4th, 2018
There is a quiet revolution taking place in the monetary vacuum that’s developing on the back of the erosion of the dollar’s hegemony. It is perhaps too early to call what’s happening to the dollar the beginning of ...
Spain to introduce the first “Real” Digital Tax in the EU
June 1st, 2018
The Treasury will impose a 5% tax on foreign and Spanish companies’ digital services. This new tax will be on the intermediary services and the publicity and sale of digital data up to 5% of the turnover of all ...
