GLOBAL NEWS

US Equities Peaked With Oil While Bonds Dropped

US equity indexes climbed to new peaks due to the rally in the dollar and crude which damaged the yields of commodity producers. Treasuries declined while assets from emerging markets went up. Nasdaq Composite Index and S&P 500 Index reached records due to the yields in...

Would You Invest in Bitcoin?

NEW YORK – One of the most famous “cryptocurrencies” today, better known as Bitcoin, is virtual cash that uses encryption to manage the creation of new ones and protect the trades that utilize it. There are other forms of cryptocurrencies that have also been getting some...

China Is Trying to Reshape the World

BEIJING, China – Money. People. China has lots of it. President Xi Jinping is a generous man. This coming Sunday, the Chinese president will host the Belt and Roads Forum which will be participated by more than 30 world leaders. It is the focus of a soft-power push because of its...

Duterte on WEF: Let’s Eliminate the Drug Menace

PHNOM PENH, Cambodia – Yesterday, President Rodrigo Duterte spoke at the World Economic Forum (WEF) on Association of South East Asian Nations (ASEAN). He said that the ASEAN needs to have a “drug-free environment” to sustain the growth in the region. The president reiterates...

The End of Chinese Offshore Acquisition Frenzy

BEIJING, China – The largest and well-known Chinese acquisition fever will be ending soon with a dramatic finish just like how it got started. After acquiring a record of 246 billion dollars of declared buyouts in 2016, which shook the world, the deal makers of China are...

Duterte to Speak in World Economic Forum

PHNOM PENH, Cambodia – The Philippine’s economic programs will be heard in the Association of South East Asian Nations’  World Economic Forum (WEF) which begins on May 10 to 12. President Duterte will speak in front of over 620 people on the forum today, which will be conducted...

EOD Report: Yen Rises With Gold Amid North Korean Issue

NEW YORK – The value of Yen had advanced together with gold. North Korea nuke programs weaken the US stocks futures as investors seek safety. Meanwhile, Seoul and Tokyo stocks rose. Yen finally goes up after experiencing a two-month low before the Sky News’ report that...

Emmanuel Macron Wins the French Presidency

PARIS, France – Immediately after the victory of Emmanuel Macron in the presidential election in France, doubts and questions are mounting if he can do his job without the traditional party’s support. Macron is the youngest president of France after he won over Marine Le Pen. He...

EOD Report: Dollar Gains While Bonds Drop

NEW YORK – US stocks remain close to the peaks. The dollar went up with Treasury earnings as volatility diminished from the market prior the loss of populism in the French presidential election. CBOE Volatility Index slid to an all-time low price since 1993. S&P 500...

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