Search Results for: euro zone
Asia shares edge higher, oil tumbles to four-year low
November 27th, 2014
Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by ...
What Greek accounting woes can teach Asia
November 26th, 2014
Asia should care about Greece, because it offers two important lessons. One, that “Greek accounting” triggered the European crisis and weakened an important trading partner to Asia. Two, that weak Greek government financial management and reporting impaired trust and ...
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 ...
Dollar hits seven-year high vs yen ahead of Fed minutes
November 19th, 2014
The dollar hit a seven-year high against the yen on Wednesday ahead of minutes from the U.S. Federal Reserve’s latest policy meeting, as investors bet on an increasingly divergent outlook for the world’s major economies. European stock markets turned ...
G-20 Plans $2 Trillion Growth Boost to Uneven Global Economy
November 17th, 2014
Group of 20 leaders agreed to take measures that would boost their economies by a collective $2 trillion by 2018 as they battle patchy growth and the threat of a European recession. Citing risks from financial markets and geopolitical ...
U.S. jobs data to show economy’s resilience
November 7th, 2014
U.S. employers likely hired new workers at a fairly brisk clip last month, underscoring the economy’s resilience in the face of slowing global demand. Employers probably added 231,000 new jobs to their payrolls after boosting them by 248,000 in ...
Japan Stocks Rise, Standing Out Amid Asian Markets
November 4th, 2014
Asian stocks dipped as China growth slowed, but the Nikkei index rallied because of a weak yen. Asian stocks dipped on Tuesday with latest signs of slower growth in China and the euro zone, although Japan rose to seven-year ...
German manufacturing sector rebounds in Oct after Sept dip – PMI
November 3rd, 2014
German factory activity rebounded in October after shrinking slightly in September for the first time in over a year, although there are signs of weak domestic demand in Europe’s largest economy, a survey showed on Monday. Markit’s Purchasing Manager’s ...
The equity cult alive and kicking, despite deflation threat
October 29th, 2014
Anyone betting on another “Great Rotation” of investment flows out of bonds and into stocks is in for disappointment: it’s not happening, and isn’t going to. In a world where deflation, never the most fertile ground for equities, is ...
Asian Equities Lower on Growth Woes
October 23rd, 2014
European and Asian stock markets ground lower on Thursday, worries over banks and corporate results again darkening the mood despite a surprisingly upbeat survey of Germany’s manufacturing and service sectors. U.S. stocks were on course to open a touch ...
