Silver as an investment

Category Archives: Yen

Stocks Hit New Record Highs, Dollar Jumps On Senate Vote; Japan Has Longest Winning Streak In History

Global stocks hit new all time highs overnight, with US stock-index futures, Asian and European stocks all rising overnight after the Senate adopted a fiscal 2018 budget resolution, paving the way for Trump’s $1.5 trillion in tax cuts, while news that “dove” Jay Powell may be the next Fed chair added to the risk-on sentiment. […]

Chinese Capital Outflows Return As Soon As PBOC Halts FX Intervention

Since the addition of the Chinese renminbi (RMB), i.e. Yuan, to the IMF’s SDR basket of reserve currencies last October, more than 60 countries and regions have added and adopted the renminbi as a new reserve currency, according to the latest report on renminbi internationalization by the People’s Bank of China. As a reminder, one […]

Fukushima Court Rules TEPCO, Government Liable Over 2011 Disaster

Six years after a tsunami crashed into the Fukushima-Daiichi nuclear power plant, causing three of the plant’s seven reactors to melt down in the worst nuclear accident since Chernobyl, a Japanese district court in Fukushima prefecture ruled this week that Tokyo Electric Power and the Japanese government were liable for damages totaling about 500 million […]

World Stocks Hit 4th Consecutive Record High, Bonds Rise On ECB QE Report

World stocks rose to a 4th consecutive record highs, while the dollar headed for its worst week; U.S. stock-index futures are steady, with European and Asian stocks higher ahead of much anticipated US inflation data, which is expected to give cues on the outlook for the Federal Reserve’s interest rates. MSCI’s all world equity index […]

S&P Futures Flat, Spain Rebounds, Nikkei Closes At 21 Year High

S&P500 futures point to a slightly lower open, as Asian stocks rise to trade near decade highs, with Japan’s Nikkei 225 closing at highest since 1996. European stocks are little changed, with Spanish shares gaining after Catalan President rows back from an immediate declaration of independence. MSCI's all-world stocks index briefly hit a fresh record […]

Gold and Yen at Key Inflection Points; Watch for Possible Breakdown

financialsense.com / CHRIS PUPLAVA / 10/06/2017 Key trend changes in the yen have a close correlation with major moves in the price of gold Both yen and gold are at another major inflection point Diverging monetary policy between the Fed and BOJ suggest next move is to the downside Background: Moves in the Japanese yen have been a […]

Global Bond Rout Accelerates Even As Dollar Rally Fizzles

In a continuation of trading patterns observed over the previous two days, on Thursday the global bond rout deepened in the aftermath of the release of President Trump’s tax-cut plan, Janet Yellen’s recent hawkish comments and renewed optimism over the health of the U.S. economy. While global stocks were mostly mixed as investors tried to […]

Frontrunning: September 21

Mark Zuckerberg’s Political Awakening (BBG) Bank of Japan Sticks With Easy-Money Settings (WSJ) Bank of Japan board member demands more stimulus (FT) S&P downgrades China, says rising debt is stoking economic, financial risks (Reuters) Boston’s Fate Lies With a Zombie Hurricane as Maria Moves North (BBG) SEC says hackers may have traded using stolen insider […]

Japan’s Second Largest Bank Plans To “Plow” 100 Billion Yen In Stocks

zerohedge.com / by Tyler Durden / Aug 31, 2017 11:49 AM It used to be that just the BOJ (via ETFs) and the largest Japanese pension fund, the GPIF (the largest in the world), had an implicit green light to allocate funds (in the case of the former, created out of thin air) to equities. That is no […]

Gold Market Morning: August-25-2017: Gold and silver prices waiting for Jackson Hole today!

news.goldseek.com /  Julian D.W. Phillips  / 25 August 2017  Gold Today –New York closed yesterday at $1,286.20. Londonopened at $1,285.95 today.  Overall the dollar was slightly weaker against global currencies before London’s opening: –         The $: € was slightly weaker at $1.1799 after yesterday’s$1.1794: €1. –         The Dollar index was slightly weaker at 93.28 after yesterday’s93.31. –         The Yen was slightly weaker at 109.63 after yesterday’s 109.29:$1. –         The Yuan was slightly stronger at 6.6609 after yesterday’s6.6621: $1. –         The Pound Sterling was slightly stronger at $1.2822 afteryesterday’s $1.2807: £1 Yuan Gold Fix New York closed at $3.20 lower than Shanghai’s yesterday’s close. Today sees Shanghai holding just […]