Asian stock markets mixed Monday amid tensions between the United States and China and concerns that the recovery from the coronavirus pandemic may be weakening. Nikkei NIK from Japan, -0.15% It fell 0.4% as operators returned from a four-day vacation weekend. Hong Kong HSI Hang Seng Index, -0.41% fell 0.1%, …
Read More »“I would buy now and keep buying,” says pioneering gold investor
“ “When interest rates are zero or close to zero, then gold is an attractive medium because you don’t have to worry about not getting interest on your gold and you see that the price of gold will increase as uncertainty increases in the markets.” . “ – Mark Mobius …
Read More »Asian markets sink as tensions rise between the US and China, US tech stocks fall
Shares fell in Asia early Friday morning, after mounting tensions between the United States and China and a massive sale of tech stocks on Wall Street. Hong Kong HSI Hang Seng Index, -2.17% fell 1.9% while the Shanghai SHCOMP compound, -2.73% it sank 2.3% and the smallest-cap Shenzhen Composite 399106, …
Read More »The dollar was hit in the mouth on Tuesday and its forecast is weak, experts say.
The US dollar is taking a beating on Wall Street, measured by a popular index. The blame is partly on the revival of the EURUSD euro, -0.01% as European leaders forged a historic fiscal pact to lift the eurozone economy out of the coronavirus pandemic that has brought much of …
Read More »Asian markets win on vaccine hopes, Wall Street tech rally
The Asian actions were mostly on Tuesday due to rising hopes of an effective vaccine to combat the coronavirus pandemic. Scientists at Oxford University reported that their experimental coronavirus vaccine elicited a protective immune response in hundreds of people who received the vaccine in an early trial. Other projects are …
Read More »