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
News
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
European equities finished lower on Monday as the European Central Bank kicked off its bond-buying program and speculation continued that the better-than-expected U.S. jobs report would lead the Federal Reserve to hike interest rates soon. The pan-European Euro Stoxx 600 index (^STOXX) closed around 0.3 percent lower, with most major bourses and sectors in negative Read More
By Hideyuki Sano and Vidya Ranganathan TOKYO (Reuters) – Asian stocks buckled while the dollar held firm on Monday after strong U.S. jobs data fanned expectations that the U.S. Federal Reserve may raise interest rates sooner than previously thought. Stock markets across Asia, including Japan’s Nikkei <.N225>, Australia, Malaysia and Indonesia fell broadly, with MSCI’s Read More
European equities closed mixed on Friday, after fresh jobs data from the U.S. beat market expectations. The pan-European FTSEurofirst 300 (FTSE International: .FTEU3) ended slightly higher on the day and posted its fifth weekly gain in a row, according to Thomson Reuters. European stocks pared gains after the U.S. employment report, following a similar trend Read More
By Caroline Copley BERLIN (Reuters) – Germany’s lower house of parliament passed legislation on Friday requiring major companies to allot 30 percent of seats on non-executive boards to women, as a new survey found females remain grossly under-represented in business life. Although Germany has been led by a woman, Angela Merkel, since 2005, there is Read More
European equities ended higher on Thursday after the European Central Bank (ECB) set a start date for its bond-buying program and upped economic growth forecasts for the euro zone. The pan-European FTSEurofirst 300 (FTSE International: .FTEU3) finished around 0.8 percent higher at 1,569, with all major bourses and sectors posting solid gains, having touched a Read More
Here are three things to keep in mind while watching the market today: Number 1: Young traders out there, don’t look to the European Central Bank for clues on how to cleverly wait for your price. The ECB told the world six weeks ago that it was sort of keen to buy about one trillion Read More