Search Results for: Federal Reserve Bank
Dollar wallows near four-week lows as Yellen sounds cautious note
June 7th, 2016
The dollar edged up but still wallowed close to four-week lows against a basket of currencies on Tuesday, after Federal Reserve Chair Janet Yellen’s remarks failed to toss a lifebuoy to the recently foundering greenback. The dollar index, which ...
Asia currencies jump after weak US jobs report dents Fed interest rate hike hopes
June 7th, 2016
Asia currencies got a bump up Monday after the dollar took a hit from a weaker-than-expected U.S. jobs report, but it isn’t clear if the move is sustainable. U.S. nonfarm payrolls rose by only 38,000 in May, a far ...
Asian shares rise, dollar nurses losses after jobs shock
June 6th, 2016
Asian shares rose on Monday and the dollar dragged itself off its lowest levels in nearly a month after U.S. nonfarm payrolls showed the slowest job growth in more than five years, quashing expectations for a near-term U.S. interest ...
Fed likely to avoid rate hike before Britain votes on leaving EU
June 3rd, 2016
The U.S. Federal Reserve may be forced to delay a rate hike at its June meeting because of mounting concern over the economic fallout from Britain’s vote on whether to leave the European Union. The geopolitical risk likely will ...
European stocks seen higher, focus switches to US jobs
June 3rd, 2016
European stocks opened higher on Friday as investors turned their attention to a key U.S. jobs report that could hold the key to a Federal Reserve interest rate hike this month. The FTSE opened 0.5 percent higher, the German ...
European stocks suffer 2nd straight fall
June 2nd, 2016
European stocks finished lower Wednesday, with mining shares among the biggest laggards after lackluster Chinese manufacturing data underscored worries about the health of the world’s second-largest economy. The Stoxx Europe 600 SXXP, -0.96% fell 1% to end at 344.12. Among financials, UniCredit ...
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 ...
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 ...
FTSE 100 propelled higher by strong Asian lead
May 31st, 2016
U.K. stocks kicked off the holiday-shortened trading week slightly higher, with investors taking inspiration from Asia, where Chinese stocks surged by the most in almost three months. The FTSE 100 index UKX, -0.17% rose 0.2% to 6,283.68, setting it on track for ...
