A few years ago, China’s renminbi, also known as the yuan, was carrying all before it, joining the elite basket of reserve currencies and possibly challenging the US dollar’s role as lynchpin of global finance. But while it remains remarkably steady on foreign exchanges, much of the euphoria seems to have died down.
A long-running bull market in gold shows little sign of running out of steam. Bullion out-performed most assets in 2019 and insiders believe 2020 could prove equally glittering.
The first month of the year is almost over, so it is a good time to take stock of which cryptocurrencies did well in January – and which did not so well. The results may surprise you.
The elite Euro Stoxx 50 index of the euro-zone’s leading quoted companies has risen by more than 17% during the past 12 months. This is despite warnings that the euro area economy faces “significant downside risks”.
The Swiss franc is the ultimate safe-haven currency, and has been buoyed by a good economic performance by a country genuinely at the heart of Europe. But the Swiss remain dependent on the health of the euro-zone, making it vulnerable to any downturn.
A new year, a new decade and time to take stock of a very new asset, cryptocurrency. So what are the 5 best cryptocurrencies to invest in?
As the US and Iran exchange shorts in anger, the gold price has hit new highs. But one expert believes other factors will support bullion in the months ahead.
Japan’s Nikkei 225 index was one of Asia’s best performing last year. But with Japan’s economy continuing to face challenges, another strong year cannot be guaranteed.
London stocks continue to cheer Boris Johnson’s decisive victory one month to the day after he returned triumphant to Downing Street. But sterling was weaker as traders fears a cut in official interest rates.
Unemployment in America remains at rock-bottom levels despite a trade war and talk of global recession. For President Donald Trump, facing the voters later this year, the jobs scene is an idea backdrop for campaigning.
Currency trading is not for the faint-hearted but can be profitable and satisfying. So which are the best currency pairs to trade in the month ahead?
Oil prices marked time today having headed upwards in the wake of the US killing of top Iranian commander Qasem Soleimani. Iranian threats of retaliation have stoked fears of Middle Eastern conflict disrupting oil supplies.
The euro has lost ground in the last 12 months against dollar, yen and pound. The International Monetary Fund is urging the euro-zone to accelerate reforms to improve competitiveness.
The gold price has made a strong start to the New Year and new decade after a powerful showing in 2019. But older hands recall that a previous January marked the high point for 20 years.