Search Results for: Yen
Euro Near Two-Year Low as Ifo to Spur Draghi Push; Aussie Gains
November 24th, 2014
The euro was near a two-year low versus the dollar before a German report that economists said will show business confidence declined for a seventh month. The shared currency held declines against most major peers after European Central Bank ...
Stocks Rise With Oil After China Rates as Euro Falls
November 21st, 2014
Global stocks climbed, and oil and metals gained after China cut interest rates. The euro weakened and bonds in the region rose after Mario Draghi said the European Central Bank must drive inflation higher. The MSCI All-Country World Index advanced 0.2 percent at 11:21 a.m. ...
Draghi throws door to QE wide open as recovery wanes
November 21st, 2014
European Central Bank President Mario Draghi threw the door wide open on Friday for more dramatic action to rescue the euro zone economy, saying “excessively low” inflation had to be raised quickly by whatever means necessary. Draghi said there was now ...
Emerging Stocks Fall on China, Euro-Area Slowdown; Ruble Gains
November 20th, 2014
Emerging-market stocks fell as manufacturing gauges in China and Germany retreated, dimming the outlook for exporters. The ruble rose as Russian companies sought funds to meet their tax commitments. The MSCI Emerging Markets Index lost less than 0.1 percent ...
As U.S. hearings loom, Takata faces long slog in air bag crisis
November 20th, 2014
Takata Corp (7312.T) faces a long battle to gauge the fallout from a fast-moving air bag crisis as recalls mount up, adding to the costs for the loss-making Japanese auto partsmaker. Two U.S. Senators have called a news conference on ...
Gold Holds Drop Below $1,200 as Dollar Strengthens, SPDR Shrinks
November 20th, 2014
Gold held losses below $1,200 an ounce as a gauge of the dollar traded near the highest level in five years on expectations that U.S. interest rates will rise and assets in the largest exchange-traded product shrank. Bullion for immediate delivery ...
Dollar Climbs With European Stocks as Treasuries Decline
November 19th, 2014
The dollar strengthened to a seven-year high against the yen before the Federal Reserve releases minutes of its last meeting, when it ended a bond-buying program. Treasuries and German bunds declined while stocks rose in Europe and the pound gained. The U.S. currency ...
Japanese shares lose steam, Asian shares slip
November 19th, 2014
Japanese shares gave up early gains on Wednesday as investors booked profits after Prime Minister Shinzo Abe delayed a tax hike and said he would call a snap election to seek a fresh mandate for his economic policies. Asian ...
Japan PM to seek fresh mandate for ‘Abenomics’ with snap poll
November 18th, 2014
Japanese Prime Minister Shinzo Abe said on Tuesday that he would call an early election to seek a fresh mandate for his economic policies, and postpone an unpopular sales tax rise, a day after data showed the economy had slipped back ...
Gold Holds Decline From Two-Week High as Dollar Gains, Oil Drops
November 18th, 2014
Gold held a retreat from the highest level in two weeks after the dollar strengthened and energy prices dropped, curbing demand for the metal as an investment. Silver and palladium declined. Bullion for immediate delivery traded at $1,186.35 an ...
