By Herbert Lash LONDON (Reuters) – Global equity markets surged and the dollar hit a nine-year high on Thursday, lifted by the Federal Reserve’s confidence in the U.S. economy and hopes of aggressive new stimulus in Europe. Stocks on Wall Street rose about 1.7 percent and in Europe equities jumped close to 3 percent as Read More
January 2015
European equities closed sharply higher on Tuesday, with a surge in retail stocks (STOXX:.SXRP) helping to boost investor sentiment. The pan-European FTSEurofirst 300 (FTSE International: .FTEU3) closed around 1.3 percent higher, with German stocks (^GDAXI) ending 1.6 percent up. The French CAC (Euronext Paris: .FCHI) closed 1.4 percent higher, while Italian and Portuguese stocks (Euronext Read More
By Alistair Smout and Atul Prakash LONDON (Reuters) – The FTSE 100 edged higher on Monday, underperforming continental European shares as heavily weighted oil and energy firms fell. However, falling oil prices boosted travel and leisure stocks, with cruise operator Carnival (CCL.L) rising towards the top of the index. Brent oil fell below $ 49 Read More
By Marc Jones LONDON (Reuters) – More weak data from Europe ensured shares worldwide were set to end their first full week of 2015 in the red on Friday, while both the dollar and oil prices dipped as investors waited for monthly U.S. jobs data. Friday’s jobs report is expected to show that non-farm payrolls Read More
By Marc Jones LONDON (Reuters) – The dollar hit a nine-year high and stocks worldwide headed for their first back-to-back rise of the year on Thursday, bolstered by Federal Reserve confidence in the U.S. economy and hopes of aggressive new stimulus in Europe. Wall Street was expected to start the day on the front foot, Read More
By Marc Jones LONDON (Reuters) – The dollar hit a nine-year high and stocks worldwide headed for their first back-to-back rise of the year on Thursday, encouraged by expectations for a U.S. rate increase and new stimulus this month from the European Central Bank. Steadier oil prices also encouraged risk appetite and helped nudge U.S. Read More
Stock futures are higher at the moment after stronger than expected retail sales in Germany sparked a rally in the Dax (^GDAXI) and Brent crude oil. Let’s just stop for a moment and unpack that lede. It’s accurate. German retail sales grew by 1% last month. On the margin that’s good. Heaven knows we’ve talked Read More
By Hideyuki Sano TOKYO (Reuters) – Asian shares slumped on Tuesday as sliding oil prices and political uncertainty in Greece forced investors out of riskier assets and into the safety of government bonds, while the euro wallowed near nine-year lows. MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> fell 1.4 percent, giving up half Read More
LONDON (Reuters) – The euro started 2015 with another downward lurch, hitting a 4-1/2 year low against the dollar on clear indications that the European Central Bank will soon embark on outright money-printing. Yields on government bonds issued by the euro zone’s heavily indebted southern member states – which the bank would be expected to Read More