March 18 (Reuters) – Following are news, reports and events that may affect Turkish financial markets on Wednesday. The lira was at 2.6137 against the dollar at 0740 GMT, from 2.6110 late on Tuesday. The main share index rose to 80,030.658 on Tuesday from 78,989.00. The benchmark 10-year government bond yield was at 8.270. GLOBAL Read More
March 2015
European equities were mixed on Wednesday as investors awaited the outcome of the U.S. Federal Reserve ‘s two-day policy meeting and the annual U.K. Budget statement. The U.K.’s benchmark FTSE 100 (FTSE International: .FTSE) ticked around 0.7 percent higher, while the French CAC (Euronext Paris: .FCHI), German DAX (^GDAXI) and FTSE MIB (FTSE International: .FTMIB) Read More
By Edward Taylor MUNICH (Reuters) – German carmaker BMW AG (BMWG.DE) said it expects 2015 sales volume and group profit before tax to rise by a medium to high single-digit percentage, issuing more subdued guidance than a year ago amid higher investment costs for new technologies. BMW had last year predicted significant growth in 2014 Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks shook off a slow start and rose on Wednesday, led by China shares, while the dollar marked time as markets waited for the Federal Reserve’s policy statement for clues to when U.S. interest rates will rise. Following Asia’s lead, spreadbetters forecast a slightly higher open for Britain’s Read More
European equities mostly finished lower on Tuesday, as investors looked ahead to a two-day meeting by the U.S. Federal Reserve and reacted to fresh economic data. The pan-European Euro Stoxx 600 Index (^STOXX) provisionally closed around 0.7 percent down. The French benchmark CAC (Euronext Paris: .FCHI) index finished provisionally 0.7 percent lower and the German Read More
By Lisa Twaronite TOKYO (Reuters) – Asian shares rose on Tuesday, following Wall Street’s lead, as investors speculated that weaker-than-expected U.S. data could prompt the Federal Reserve to express caution this week on the timing of a future rate hike. Financial spreadbetters expected Britain’s FTSE 100 <.FTSE> to open 8 to 14 points lower, or Read More
The bulls are back on Wall Street, at least for now. Stocks (^GSPC) are aiming for a rebound after three straight weeks of losses following strong gains in Europe as the dollar falls ahead of this week’s Federal Reserve meeting and oil prices tumble. Yahoo Finance’s Aaron Task says it all comes down to monetary Read More
If you doubt the effect that stimulus has on stocks, look no farther than the headlines over this weekend. The Shanghai market rallied more than two percent to its highest levels since 2009 after Premier Li Keqiang said China was prepared to take action to stimulate the economy and the government had a “host of Read More
European equities were higher on Monday as investor sentiment continued to be buoyed by the extra liquidity provided by the European Central Bank (ECB) in the region. The pan-European Euro Stoxx 600 Index (^STOXX) was up 0.7 percent with the German DAX (^GDAXI) hitting a new all-time record with a rise of 2.5 percent. The Read More
The European Central Bank couldn’t have made making money in European stocks any easier. Germany’s Dax Index (^GDAXI) is at a record and the Stoxx Europe 600 (STXX) is up 16% this year, powered by what has been months of QE transparency heading into the $ 60B+ a month bond buying program which began this Read More