By Jamie McGeever LONDON (Reuters) – The euro struck a fresh 12-year low on Monday and euro zone stocks reached new peaks on bets that the currency’s relentless fall will boost corporate earning prospects just as the rising dollar hits those of U.S. firms. German stocks powered above 12,000 points for the first time, while Read More
March 2015
NEW YORK (Reuters) – The dollar continued to power higher on Friday, pressuring stocks and commodities, on expectations of a Federal Reserve interest rate hike in contrast to easing monetary policy actions by most other major central banks. The dollar index .DXY was on track for a back-to-back weekly gain of more than 2 percent, Read More
European equities traded lower Friday, in spite of hopes that the region might make it six straight weeks of gains thanks to investor sentiment in Asia and the U.S and the start of the European Central Bank’s bond buying program. The FTSE (FTSE International: .FTSE) was trading 0.17 percent down, the German DAX (XETRA: .GDAXI) Read More
By Lisa Twaronite TOKYO (Reuters) – Asian shares put in a mixed performance across the region on Friday but were underpinned by gains on Wall Street, while the dollar resumed its recent rally after a downward blip on disappointing U.S. retail sales data. Financial spreadbetters predicted the U.S. gains would give European bourses an early Read More
LONDON (Reuters) – The euro pulled out of its recent dive and the dollar eased off the accelerator pedal on Thursday, as markets took a breather after a week of breakneck moves in the world’s two biggest currencies. The pause by the dollar gave some respite to emerging markets as well as oil and commodities Read More
By Shinichi Saoshiro and Ian Chua TOKYO/SYDNEY (Reuters) – The euro slumped to a new 12-year low on Thursday, reeling from an unrelenting onslaught after the European Central Bank startedits quantitative easing (QE) campaign, highlighting the monetary policy divergence between the euro zone and the U.S. The 1 trillion euro bond-buying programme the ECB launched Read More
By Hideyuki Sano TOKYO (Reuters) – The prospects of higher U.S. interest rates buoyed the dollar but also kept share prices in many countries in check on Thursday, with Asian stocks hovering around seven-week lows. The dollar’s index against a basket of six major U.S. trader partners hit a 12-year high of 99.985 on Wednesday Read More
European equities closed higher on Wednesday, bouncing back heavy losses seen in the previous session, with stocks of exporting companies boosted by the falling euro (Exchange:EUR=). Euro zone stock indexes enjoyed a broad rally across major bourses and sectors-with the exception of Greece. Read More Tensions high as Greece makes WWII payback threats The German Read More
By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks skidded to a two-month low on Wednesday as nervous markets recoiled on worries about an earlier U.S. interest rate hike, a prospect that sent the dollar to a 12-year high against the euro. MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> was down 0.4 percent after Read More
European equities extended losses on Tuesday, as the sell-off in U.S. stocks gained momentum, with investors spooked by the weakness in the price of oil, currency turmoil and ongoing negotiations surrounding Greece. The pan-European Euro Stoxx 600 Index (^STOXX) extended losses as the session progressed. The big corporate news of the day was that Credit Read More