Search Results for: U.S. economy
Asian Stocks jump while Dollar weakens
May 25th, 2017
South Korean stocks, won rally as interest rates kept on hold Hang Seng China Enterprises Index surge to highest since March The dollar weakened to the lowest since November while Asian stocks climbed with oil ahead of a key ...
Euro sets one-week high ahead of GDP data; dollar inches lower
May 16th, 2017
The euro touched a one-week high on Tuesday ahead of the release of euro zone gross domestic product data, as the dollar struggled to gain traction in the wake of a surprisingly soft U.S. manufacturing report. The euro rose ...
Crude’s rally took the price of a barrel back above $48 in New York
May 12th, 2017
Retailers slump on Macy’s results as bonds, gold advance Crude sustains momentum in wake of U.S. stockpile data U.S. stocks fell from records, though losses eased in afternoon trading as crude’s rally took the price of a barrel back ...
Dollar hits eight-week highs vs. yen, kiwi tumbles
May 11th, 2017
The dollar edged lower after notching an eight week high against the yen on Thursday in Asian trade, while the New Zealand dollar tumbled after its central bank suggested a tightening was further out than markets had priced in. ...
Asian Stocks Climb as Global Growth Seen Intact: Markets Wrap
May 8th, 2017
Euro declines after Macron beats Le Pen for French presidency Japan shares rally after holidays while China extends selloff Asian stocks climbed outside of China, with Japanese shares rallying after a three-day holiday, amid optimism on improving global growth following ...
Asian Stocks Decline as Iron Ore Futures Tumble: Markets Wrap
May 4th, 2017
FOMC leaves rates unchanged, sees inflation near target Aussie dollar erases loss as Lowe speaks in Brisbane Australian and Chinese stocks fell further on Thursday after metals prices declined, while South Korean shares rallied and the dollar held gains ...
Oil posted losses for two weeks in a row
May 2nd, 2017
U.S. crude futures have posted losses for two weeks in a row and are poised to sink again, according to a historical correlation between oil prices and GDP data. The Commerce Department reported Friday that the U.S. economy grew ...
Global Stock Rally Lives On Amid Earnings Optimism: Markets Wrap
April 26th, 2017
Chalco profit follows results from McDonald’s, Caterpillar Japan equities climb amid yen weakness; Australian shares rise Asian stocks extended a global rally after corporate results and hopes of U.S. tax reform boosted optimism for global growth. Weakness in the ...
Stocks Climb as Japan Data Spur Growth Optimism: Markets Wrap
April 20th, 2017
New Zealand hits inflation target for first time in 5 years Equity indexes in Japan, Hong Kong and Australia all rise Asian stock markets climbed as oil recovered some of its slump and better-than-forecast trade figures in Japan boosted ...
Asia Stocks Drop as China Losses Deepen; Yen Falls: Markets Wrap
April 19th, 2017
Pound holds advance after May calls surprise general election Iron ore gains after sharp losses this week, commodities rise Asian stocks fell as losses in Chinese equities deepened, following weakness in the U.S. amid worse-than-expected corporate earnings. The pound ...
