Search Results for: Federal Reserve
Japanese Stocks Drop as Yen Advances; Oil Near $49 Before OPEC
June 2nd, 2016
Euro climbs to one-week high before ECB policy review Haven assets including gold and U.S. Treasuries rise Japanese stocks fell by the most in a month and the yen strengthened after Prime Minister Shinzo Abe held back a widely ...
Emerging-Market Stocks Post First Weekly Gain Since Early April
June 1st, 2016
Emerging-market equities rebounded last week, posting the first weekly gain since early April. The 2.8% total return for the Vanguard Emerging Market ETF (VWO) for the five trading days through May 27 also marked the strongest performance for the ...
Dollar sits below two-month high; Aussie buoyed by solid GDP
June 1st, 2016
The dollar fell against the yen on Wednesday, pulling away from a one-month peak set earlier in the week, with its drop gaining momentum after breaching technical support levels. The dollar shed 0.7 percent to 109.95 yen, weakening from ...
Asia Stocks Fall With Oil, Copper as Yuan Weakens; Aussie Jumps
June 1st, 2016
Crude oil sinks below $49 before OPEC meets Thursday Korean bonds rally as export slump weighs on the won Asian stocks retreated with commodities and the yuan weakened as Chinese manufacturing data pointed to lackluster growth in the world’s ...
Dollar supported by U.S. rate view, Aussie jumps
May 31st, 2016
The dollar hovered near its highest level in two months against a basket of currencies on Tuesday on growing expectations of an imminent U.S. interest rate hike, while the Australian dollar jumped on surprising strong local economic data. The ...
Asian stocks mostly higher; Chinese markets jump more than 2%
May 31st, 2016
Asian markets were mostly higher on Tuesday, with Chinese mainland markets up more than 2 percent and Japan shares rising after better-than-expected economic data. Chinese mainland markets soared on Tuesday, with the Shanghai Composite up 2.9 percent and the Shenzhen composite up 3.433 ...
Oil prices dip on strong dollar, rising Canadian output
May 30th, 2016
Oil prices dipped on Monday as a strong dollar weighed on markets and Canadian oil sands production was expected to increase this week. Crude markets, however, did receive some support from the start of the U.S. summer driving season ...
Gold Sinks as Dollar Gets Boost From Yellen; Japan’s Stocks Rise
May 30th, 2016
Yen drops to one-month low as Abe aide signals tax-hike delay Yuan retreats as PBOC sets weakest fixing in five years Gold fell for the ninth day in a row, its longest losing streak in a year, and the ...
Europe lower as markets eye Yellen; Philips Lighting rises at IPO
May 27th, 2016
European stocks were on lower Friday morning as investors looked ahead to comments from U.S. Federal Reserve Chair Janet Yellen. IPO for Philips spin-off The pan-European Stoxx 600 index opened 0.2 percent lower on Friday. Basic resources and health care were ...
Oil prices retreat from $50 on oversupply concerns, stronger dollar
May 27th, 2016
Oil futures slipped in Asian trade on Friday after hitting resistance at the $50 a barrel mark as investors worried higher prices could reactivate shuttered crude output, adding to global oversupply. Prices were also pressured by a strong greenback ...
