Search Results for: U.S. economy
Asian shares edge up, wary of China volatility
July 31st, 2015
Asia markets record monthly loss after China drop U.S. GDP data reinforces bets that Fed is on track to hike Nikkei down after Japanese data disappoints Gold, copper record losses on stronger dollar Asian shares inched higher on ...
Asian shares, dollar up on Fed’s optimism; earnings in focus
July 30th, 2015
Asian stocks tiptoed higher on Thursday and the dollar consolidated recent gains after the U.S. Federal Reserve painted a relatively bright picture of the economy, but a deepening sell-off in commodities kept gains in check. Prospects of stronger U.S. ...
Bank of Russia Halts Foreign-Currency Purchases, as Ruble Hits Five-Month Lows
July 30th, 2015
Central bank stops buying U.S. dollars for reserves in bid to balance inflation and growth measures Russia’s central bank, whose credibility has been tested over the past year by runaway inflation and a volatile currency, is coming sharply into ...
Fed leaves interest rates unchanged
July 30th, 2015
With Wall Street looking for any clues that tighter policy is coming, the Federal Reserve on Wednesday declined to raise interest rates or provide any clues about when a hike is on the way. In a move widely expected ...
Asia stocks up as China steadies, wary of Fed
July 29th, 2015
Asian shares were mostly higher on Wednesday on hopes that Beijing could stem the rout in its markets without damage to the economy, though caution was the watchword ahead of a policy decision from the U.S. Federal Reserve. The ...
China’s stock market crashes again as panicking sellers lose faith
July 27th, 2015
Beijing is struggling to rein in the self-preservation instincts of small investors. All that’s left to happen in China’s stock market is for government leaders to admit they are powerless to stop a selloff. Monday’s panic selling was the ...
Asian shares skid as Fed monetary meeting looms
July 27th, 2015
Asian shares began the week on a plaintive note amid losses on Wall Street and worries over China, while investors braced for a Federal Reserve meeting that might take another small step toward lifting U.S. interest rates. Financial spreadbetters ...
Dollar flags vs euro and yen, commodities and Fed in focus
July 27th, 2015
Fed meeting eyed to shore up sagging dollar * Impact from lower commodities also remains in focus * Aussie struggles near 6-year lows while kiwi fares better (Adds details, quotes) The dollar flagged against the euro and yen ...
Australian dollar hits fresh six-year low as Chinese factories continue to falter
July 24th, 2015
Chinese manufacturing was sluggish for the fifth month running, a new survey shows, while the strengthening greenback sends the Aussie below US73c The Australian dollar fell to a fresh six-year low and stocks across Asia dropped sharply after more ...
Asian shares skid as weak China PMI revives demand concerns
July 24th, 2015
Asian equities stumbled on Friday after a survey showed China’s manufacturing activity crumbled to 15-month lows, rekindling concerns for the region’s exports as the world’s second-largest economy struggles to arrest a broad downturn. MSCI’s broadest index of Asia-Pacific shares ...
