- London homeowners cut property prices by another 1.4% in January- Average price for a London house dropped by ?22,000 to ?600,926 in 2017- Takes 78 days to sell a home on average, the highest level since 2012- London's downtrend continues after 2017 performance as worst UK housing market- UK regional house prices begin to falter as house prices climb slows down- Gold bullion remains a great h...Read More
If you had any pretense that the United States, including high officials in the government such as the PresidentContinue...Read More
I suspect it began with the top in Bitcon and the other 1300-1400 related pseudo currencies back in December. I did an interview in the first week of Continue...Read More
2018's cryptocurrency selloff picked up steam on Tuesday when Bitcoin slumped as much as 25 percent, as the potential for regulatory crackdowns appeared to grow.Continue...Read More
...Those who have no patience for, or understanding of, the Continue...Read More
Full Article/Video: Rich Dad Author Says The Next Financial Crash Will be Like an "Avalanche"By: Kitco NewsFor bestselling author Robert Kiyosaki, crashes, debt and taxes are the secret to how the rich are getting richer, so is 2018 setup to deliver?"I hope so," said Kiyosaki the author of Rich Dad, Poor Dad and his latest, How the Rich are Getting Richer. And with the stock market continuing to...Read More
LONDON, 15 January 2018 - Analysis and comment from BullionVault today features in the lead article in the latest edition of Investment Week, the magazine for UK fund managers and advisers.Quoted in the professional magazine's front-page headline, "The best time to buy insurance is when you do not need it," says BullionVault director of research Adrian Ash, noting how gold has tended to perform we...Read More
* Kuroda upbeat on economy, signals policy on hold* Economy to continue expanding moderately - Kuroda* Adds Japan's banking system remains stable* BOJ's report on regional economy due 0500 GMT (Adds quotes, detail)By Leika KiharaTOKYO, Jan 15 (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Monday reiterated the central bank's resolve to maintain its massive stimulus programme until the econo...Read More
DETROIT, Jan 14 (Reuters) - Volkswagen plans to spend more than $3.3 billion on development and production of new models in North America from 2018 to 2020 as the German group reboots operations in the world's second-largest auto market.Some $1.2 billion of the planned investments are destined for the United States where Volkswagen in 2018 will launch a redesigned version of its top-selling Jetta...Read More
* Hopes of further ECB tapering bolster euro* Dollar skids to lowest since September against yen By Lisa TwaroniteTOKYO, Jan 15 (Reuters) - The dollar wallowed at three-year lows against a basket of currencies on Monday, while the euro took a breather after soaring on hopes that European Central Bank policymakers were gearing up to further trim their monetary stimulus.The dollar index, which trac...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC +0.1 pct, CSI300 +0.5 pct, HSI +0.9 pct* HK->Shanghai Connect daily quota used 12.2 pct, Shanghai->HK daily quota used 18.0 pct* HK->Shenzhen Connect daily quota used 5.3 pct, Shenzhen->HK daily quota used 11.1 pct* CNY official close 6.4665 per dollar* FTSE China A50 +1.0 pct, BNY Mellon ADR China Select Index +0.3 pct SHANGHAI, Jan 15 (Reuters...Read More
TOKYO, Jan 15 (Reuters) - The dollar slipped to its lowest levels since mid-September against the yen on Monday, following comments from Japan's central bank governor on Japan's economic recovery.While Bank of Japan Governor Haruhiko Kuroda on Monday reiterated the central bank's resolve to maintain its massive stimulus programme until 2 percent inflation is achieved stably, he also said that the...Read More
TOKYO, Jan 15 (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Monday reiterated the central bank's resolve to maintain its massive stimulus programme until 2 percent inflation is achieved stably."Japan's financial system remains stable and monetary conditions are very accommodative," Kuroda said in a speech at a quarterly meeting of the bank's regional branch managers."The BOJ...Read More
* IPO would rival NTT's 2.2 bln yen 1987 listing* SoftBank would use proceeds for overseas investment - Nikkei* Simultaneous TSE, overseas listings eyed - Nikkei* SoftBank says listing an option but no decision made*(Recasts, adds company comment)By Yoshiyasu ShidaTOKYO, Jan 15 (Reuters) - SoftBank Group Corp plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper...Read More
Jan 15 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS15-Jan Netherlands DTC auction15-Jan NorwayAuction of Treasury bills16-Jan Japan Auction of 5-year government bonds16-Jan Spain Auction of 6- and 12-month Treasury bills17-Jan Japan 1-year discount bill auction17-Jan Germany Auction of 3...Read More
By David MillikenLONDON, Jan 15 (Reuters) - The prices that London home-sellers are seeking for their properties fell by the most since the financial crisis this month, at a time when prices in most of the rest of Britain are rising, industry figures showed on Monday.London's once red-hot housing market has slowed for the past year due to a double hit from higher purchase taxes on expensive homes...Read More
Jan 15 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is filed daily.** Indicates new events ----------------------------------------------------------- MONDAY, JANUARY 15LONDON - Bank of England Economist Silvana Tenreyro speaks on "The Fall i...Read More
TOKYO, Jan 15 (Reuters) - SoftBank Group Corp said on Monday that a listing of its core mobile-phone subsidiary Softbank Corp was an option as part of its capital strategy but that no such decision had been made.The Nikkei newspaper reported earlier that SoftBank was planning to list the the unit in Tokyo and overseas as early as this spring, a move that could raise some 2 trillion yen ($18 billio...Read More
(Repeats for morning readership, no change to text)* Bond-buying reduction not a signal of policy shift* Market reaction catches BOJ officials off guard* BOJ ready to trim bond buying again if yield curve flattens* Market rupture comes ahead of BOJ leadership change By Leika KiharaTOKYO, Jan 12 (Reuters) - When Japan's central bank made a small cut to its regular bond purchases this week, what s...Read More
* IPO would rival NTT's 2.2 bln yen 1987 listing* SoftBank would use proceeds for overseas investment - Nikkei* Simultaneous TSE, overseas listings eyed - Nikkei (Adds comment, background)By Yoshiyasu ShidaTOKYO, Jan 15 (Reuters) - SoftBank Group Corp plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan's...Read More