Search Results for: US economy
Asian stocks extend losses on weak China PMI survey; dollar strong
September 23rd, 2015
Asian stocks fell on Wednesday as fears of an entrenched global economic slowdown gripped investors, underlined by a weak factory survey from China, while the greenback firmed as investors fled to relatively safe-haven assets. MSCI’s broadest index of Asia-Pacific ...
Dollar hits near two-week high on renewed rate hike bets
September 22nd, 2015
The dollar touched an almost two-week high against a basket of major currencies on Tuesday after comments from Federal Reserve officials revived expectations that U.S. interest rates will still be hiked later this year. The greenback has bounced back ...
Asian shares follow Wall Street gains
September 22nd, 2015
Asian markets headed higher on Tuesday, recovering from the previous session’s losses after commodities and shares on Wall Street rebounded. US shares bounced back from big losses last week, when the Federal Reserve kept interest rates unchanged over worries ...
Asia Currencies Slide After Fed Officials Signal Rate Increase Possible in 2015
September 22nd, 2015
Most Asian currencies weakened on Tuesday after comments by U.S. Federal Reserve speakers suggested the central bank could raise interest rates as early as next month, while shares made modest gains ahead of a reading on Chinese manufacturing. The ...
Oil prices rise as U.S. drilling declines
September 21st, 2015
Oil prices rose by around one percent on Monday as U.S. drilling slowed and analysts estimated that $1.5 trillion worth of planned American production investment was uneconomical at prices of $50 per barrel or lower. Crude prices have plunged ...
Asia’s key risks this week: China flash PMI, Japan inflation
September 21st, 2015
As financial markets in Asia recover from the Fed’s decision to keep rates unchanged, other risk events will likely serve up fresh volatility this week. China’s flash Caixin purchasing managers’ index (PMI) for September will be announced on Wednesday ...
Asian shares edge up, dollar soft as Fed stands pat and eyes China
September 18th, 2015
Asian shares rose modestly on Friday on relief the Federal Reserve held off on raising interest rates but gains were capped by renewed concerns about the health of the global economy, in particular China. The dollar was on the ...
Saxo opens access to its trading infrastructure with the launch of OpenAPI
September 17th, 2015
Leads industry evolution by facilitating tailored user experiences within trading and investing Saxo Bank, the multi-asset trading and investment specialist, is one of the first financial institutions to give access to its trading infrastructure through the bank’s new REST ...
China to conduct checks on firms’ forex buying to prevent speculation
September 17th, 2015
China will conduct checks on firms’ foreign exchange buying to prevent speculation, an official at the country’s foreign exchange regulator said on Thursday. Wang Yungui, head of policy and regulation department at the State Administration of Foreign Exhange (SAFE), ...
Five things to listen for during Janet Yellen’s press conference
September 17th, 2015
Clues as to future interest-rate path will be key for Fed press conference Federal Reserve Chairwoman Janet Yellen has not spoken publicly since mid-July when she finished two days of testifying to Congress. At the time, she expressed the ...
