Search Results for: oil
Dollar slips but poised for winning week on March Fed rate hike bets
March 3rd, 2017
The dollar slipped on Friday but remained on track for a solid weekly gain on growing expectations the U.S. Federal Reserve will raise interest rates at its mid-March meeting, which led to a rise in U.S. Treasury yields. The ...
BCSC warns for a Forex and Futures contracts provider
March 2nd, 2017
The British Columbia Securities Commission (BCSC) has issued a warning to inform public and investors about Trade12, owned and operated by Exo Capital Markets Limited and Global Fin Services Ltd. Trade12 claims to be based in Estonia, and offers an online ...
Global Stock Rally Shifts to Asia After U.S. Highs: Markets Wrap
March 2nd, 2017
Japan’s Topix at highest since December 2015 as yen slumps Dollar climbs as Fed official supports rate hike ‘soon’ The bulls are gaining momentum as the global equity rally stretched to Asia. Tokyo shares jumped to the highest level ...
Dollar, U.S. futures hold gains, Topix leads markets in Asia
March 1st, 2017
Dollar, U.S. futures hold gains, Topix leads markets in Asia Treasuries drop as odds jump for U.S. rate hike in March Dollar and equity bulls found little cause for concern in Donald Trump’s address to Congress despite a lack ...
Bank of Israel keeps the interest rate unchanged
February 28th, 2017
Inflation data: The Consumer Price Index for January declined by 0.2 percent, in line with the average of forecasters’ projections. There were seasonal declines this month in the clothing and footwear component (9.2 percent), in the housing component (0.5 ...
Russian economy to grow 2% this year – economic development minister
February 28th, 2017
Russia’s Gross Domestic Product (GDP) is due to return to sustainable growth in 2017, according to Economic Development Minister Maksim Oreshkin. “The recent data about freight turnover, electricity consumption and other things which we see at the beginning of ...
Global (economic) warming
February 26th, 2017
If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further fiscal and monetary expansion will begin to create …. economic ...
Bundesbank posts distributable profit of €0.4 billion in 2016
February 24th, 2017
The Bundesbank posted a profit of €1.0 billion for the 2016 financial year, compared with €3.2 billion in 2015. Owing to an allocation to the reserves, the remaining distributable profit amounted to €0.4 billion and was transferred in full ...
How Many Euro Crises Will This Make? It’s Getting Hard To Keep Track
February 23rd, 2017
Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then ...
Asia Stocks Slump as Dovish Fed Minutes Spur Yen: Markets Wrap
February 23rd, 2017
S&P 500 falls for second time in 11 sessions after record high Yen strengthens, dollar higher against most other major peers Asian equities followed U.S. stocks lower, with Japanese shares slipping after minutes from the Federal Reserve’s latest meeting ...