Search Results for: Oil price
Europe expected to retreat at open
August 2nd, 2016
European stocks were lower in morning trade Tuesday, dragged down by banking shares as worries about the health of the region’s lenders continued to weigh on sentiment. The pan-European STOXX 600 was down 0.71 percent. The banking sector was once again ...
The Bank of Japan released Japan’s economy Outlook
July 29th, 2016
Japan’s economy has continued its moderate recovery trend, although exports and production have been sluggish due mainly to the effects of the slowdown in emerging economies. Looking ahead, sluggishness is expected to remain in exports and production for some ...
Dollar Extends Drop as Japan Leads Stocks Lower; Metals Rise
July 28th, 2016
Odds of Fed rate increase this year remain below 50% South Korean won climbs to October high; yen rebounds The dollar extended losses after the Federal Reserve reiterated its gradual approach to raising interest rates, despite acknowledging risks to ...
FTSE 100: Losers of 2015 are Winners of 2016
July 26th, 2016
Mining stocks rose from the bottom to the top in 2016; becoming the biggest FTSE 100 winners of 2016, reversing their losing streak of 2015. Falling commodity prices dragged down mining stocks in 2015, and it is the oil price ...
Nikkei sells off on fresh yen strength; rest of Asia trades mixed
July 26th, 2016
Japanese stocks sold off in a mostly positive Asian session on Tuesday, dragged by fresh strength in the yen after a local media report suggested the government’s highly anticipated stimulus package may not live up to expectations. Other Asian ...
Asian shares at nine-month highs on inflow bets; dollar strong
July 21st, 2016
Asian stocks climbed to nine-month highs on Thursday, helped by a recovery in global oil prices, while the dollar strengthened against the safe-haven yen on resurgent expectations of a U.S. interest rate hike this year. European shares are expected ...
Dubai’s largest bank reported Q2 net profit rises 16%; $520m net profit
July 18th, 2016
The bank made a net profit of Dhs 1.91bn in the three months to June 30 Dubai’s largest lender, Emirates NBD (ENBD), reported a 16 per cent rise in second-quarter net profit on Monday, broadly in line with analysts’ ...
Asian shares near 2016 highs as risk appetite improves
July 13th, 2016
Asian shares came within reach of their 2016 highs on Wednesday as prospects of solid U.S. growth and accommodative economic policy in major markets whet investors’ risk appetite damaged by uncertainty from Brexit. Spread betters expected European shares to ...
Europe pauses for breath ahead of US jobs data
July 8th, 2016
European stocks are expected to open lower on Friday as markets pause ahead of U.S. nonfarm payrolls data on Friday that will give a clear indication on the state of the U.S. economy. The London FTSE index is called to open ...
Asian Shares Retreat With Commodities as Haven Demand Boosts Yen
July 5th, 2016
Aussie falls as RBA leaves key rate unchanged; yen advances Nickel slides from eight-month high as Brent crude below $50 Asian stocks dropped for the first time in a week and European equity index futures fell with commodities as ...
