Search Results for: oil prices
Asia shares near 2016 highs as China trade rebounds
April 13th, 2016
Asian shares came close to their highs for the year on Wednesday after surprisingly upbeat Chinese trade data offered hope the Asian giant was finally stabilising, underpinning both risk sentiment and commodity prices. China reported exports jumped 11.5 percent ...
Most Asia markets advance, with Nikkei rising as yen slips
April 12th, 2016
Most major Asia markets ended higher Tuesday, shrugging off after a lower finish in U.S. equities overnight ahead of earnings season. Australia’s ASX 200 added 44.06 points, or 0.89 percent, to 4,975.60, boosted by a 1.73 percent gain in the heavily-weighted ...
Presentation of the ECB Annual Report 2015 to the Committee on Economic and Monetary Affairs of the European Parliament
April 8th, 2016
Vítor Constâncio, Vice-President of the ECB presented the ECB’s 2015 Annual Report. Below is the presentation as it was published: Mr Chairman, Honourable Members of the Committee on Economic and Monetary Affairs, Ladies and gentlemen, I am honoured to ...
Asia markets broadly lower as risk-off sentiment settles in
April 8th, 2016
Asia markets were broadly lower on Friday, after U.S. equities sold off overnight amid renewed concerns over global growth and the effectiveness of central bank policy. Australia’s ASX 200 retraced some of the early losses to trade down 0.4 percent, as ...
Asia markets mostly higher; Nikkei edges up despite yen strength
April 7th, 2016
Most Asian markets rose on Thursday, with Japan’s benchmark index snapping a seven-day losing streak despite fresh strength in the yen. Japan’s benchmark Nikkei 225 closed up 34.48 points, or 0.22 percent, at 15,749.84, after wavering between positive and negative territory ...
Dollar hits 17-month low vs. yen, dented by Fed’s cautious stance
April 7th, 2016
The dollar slid to a 17-month low against the yen on Thursday, pressured by minutes of the U.S. Federal Reserve’s meeting last month that underscored caution about future interest rate hikes. The dollar fell to 109.10 yen at one ...
Can A Divided OPEC Agree On Anything In Doha?
April 6th, 2016
Only two weeks remain until the fated meeting between the OPEC countries and their counterparts from outside the organization, scheduled to take place in the Qatari capital of Doha on the coast of the Persian Gulf. The meeting could ...
Asia markets higher; Nikkei turns up on slightly weaker yen
April 6th, 2016
Asia markets turned higher on Wednesday, shrugging off a global sell-off in equities overnight, as oil prices advanced and activity in China’s services sector showed signs of pick-up. Australia’s ASX 200 was up 0.54 percent. Japan’s Nikkei 225 wavered before trading up 0.28 ...
Aussie Gains, Reversing Declines, as RBA Currency Rhetoric Muted
April 5th, 2016
Currency jumped 13% from low set in January to March 31 high Stevens said last month Aussie may be getting ahead of itself Australia’s dollar gained, reversing earlier declines, after Reserve Bank Governor Glenn Stevens held interest rates at ...
Biggest Ever Saudi Overhaul Targets $100 Billion of Revenue
April 4th, 2016
Levies on expats, energy, luxury goods, sugary drinks seen Plan is to boost non-oil revenue to balance budget by 2020 The biggest economic shake-up since the founding of Saudi Arabia would accelerate subsidy cuts and impose more levies, a ...
