For a host of reasons, other countries would love to free their economies from the stranglehold of the U.S. dollar’s influence, especially now, when the Fed’s stimulus actions are pushing the dollar lower, and everything else h…
For a host of reasons, when the dollar spikes, stocks drop, and when the dollar falls, stocks soar. Right now, with dollar sentiment reaching maximum bearishness, contrarians are preparing for the next shift. If the dollar rise…
Shares in Asia rose Monday, boosted by good news in the U.S. job market. In Japan the Nikkei 225 Index advanced 1.1% and in China the Shanghai Composite Index climbed 1%. In Hong Kong the Hang Seng Index inched up 0.4%.
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Shares in Asia rose sharply Thursday, thanks to Ben Bernanke’s brand new rescue package. In Japan the Nikkei 225 Index climbed 2.2% to close at 9,359 and in China the Shanghai Composite Index advanced 1.8% to 3,087. Hong Kong’s…
In Asia on Tuesday, Hong Kong’s Hang Seng Index rose 0.1%, China’s Shanghai Composite inched down 0.3%. and in Japan, the Nikkei 225 crept up 0.1%. Investors are closely monitoring the U.S. midterm elections, with many predicti…