Search Results for: interest rates
Futures drop after Wall Street sell-off
August 1st, 2014
U.S. stock futures traded lower on Friday following a big sell-off on Wall Street. Most Asian stock markets declined but losses were limited by upbeat reports on China’s economy. Dow futures fell 0.34%, S&P 500 futures were down 0.37% ...
Can Investment Save Europe?
August 1st, 2014
Economic growth in Europe remains disappointing. Virtually all European Union members are expected to post higher output in 2014; but, according to the International Monetary Fund’s latest projections, the average growth rate in the eurozone will barely exceed 1%. ...
S&P 500 index reports worst downfall since April; indexes down for July
August 1st, 2014
The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected. Data ...
Asia stocks sideswiped by Wall St, but China motors on
August 1st, 2014
Asian shares were mostly under water on Friday after a sudden slump on Wall Street spilled over globally, though a surprisingly strong pick up in manufacturing helped Chinese markets hold at seven-month highs. In a promising omen for world ...
Dollar heads for third weekly gain on economic outlook
August 1st, 2014
The dollar headed for a third weekly gain versus the euro, the longest stretch in two months, as signs of a sustained U.S. recovery boost speculation the Federal Reserve is moving toward raising interest rates. The Bloomberg Dollar Spot ...
Pound Posts Biggest Monthly Decline Since May 2013
August 1st, 2014
The pound posted its biggest monthly decline against the dollar since May 2013 as signs of growth in the U.S. economy boosted expectations for higher Federal Reserve interest rates. Sterling fell to a seven-week low versus the greenback as ...
China’s factories expand as global trade flourish
August 1st, 2014
Activity in China’s vast factory sector expanded at the fastest pace in 27 months in July, while industry surveys across Asia showed a pick up in export orders that hinted at a long-awaited revival in global trade. China’s official ...
Markets fell for July, but Analysts Are Upbeat
August 1st, 2014
The stock market remarked the sharpest decline in the Standard & Poor’s 500-stock index since April for the month of July, while the Dow Jones industrial index dropped more than 300 points, eliminating all of its gains for the ...
Gold Flat Ahead of Unemployment Claims
July 31st, 2014
Gold prices are steady on Thursday, as the metal continues to trade close to the $1300 level. In the European session, the spot price stands at $1295.01 per ounce. In the US, today’s highlight is Unemployment Claims. The markets ...
European Shares Swing Amid Earnings as Euro, Oil Retreat
July 31st, 2014
Europe’s benchmark equity index fluctuated amid mixed earnings, while the euro traded near a nine month low versus the dollar. Banco Espirito Santo SA shares were suspended after it said it will need to raise funds while emerging-market stocks ...
