European Stocks Rally, As Tanking Alibaba Weighs On Hong Kong
Europe's main stock markets rallied and the dollar weakened Friday, closing out a volatile week for financial assets as investors assess the outlook for interest rates.
Stocks Advance On Eve Of US Inflation Data
Asian and European stock markets climbed Monday as traders awaited this week's key US inflation data, with traders still concerned the Federal Reserve could lift interest rates again.
Europe Stocks Climb As Traders Await Fed Guidance
European stock markets rose Thursday as investors awaited fresh signals from the Federal Reserve about the direction of US interest rates, but Hong Kong dipped and Shanghai flatlined on renewed concerns over the Chinese economy.
Markets Drift As Traders Weigh Outlook For Rates
Equity markets struggled Wednesday as investors tried to figure out the Federal Reserve's interest rate plans, while demand concerns saw oil prices struggling to recover from the previous day's plunge.
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Markets Rise On Tech Bounce Hope, Inflation In Focus
Asian markets rose Friday after strong earnings from two tech titans provided hope for a bounce on Wall Street, while traders were also steeling themselves for key US inflation data.
AFP news Oct 27, 2023
Stocks Hit By Middle East, Earnings And Economy Concerns
Asian stocks sank Thursday, tracking a retreat on Wall Street fuelled by a surge in US Treasuries and worries over a possible escalation of the Middle East crisis, which also pushed oil prices higher.
AFP news Oct 26, 2023
Markets Fall And Oil Rises On Middle East, Fed Fears
Asian markets fell and oil prices extended gains Friday on worries that an expected ground invasion of Gaza by Israel will spark a wider conflict in the Middle East.
AFP news Oct 20, 2023
Stocks, Oil Drop As Traders Assess Middle East War Prospects
Global stock markets and oil prices dropped Thursday as traders assessed the likelihood of the Israel-Hamas crisis turning into a wider conflict in the Middle East.
AFP news Oct 19, 2023
Stock Markets Slide, Oil Prices Surge
Stock markets slid Friday, having made strong gains earlier in the week, while oil prices surged on worries the Israel-Hamas conflict could impact supplies in the crude-rich Middle East.
AFP news Oct 13, 2023
European Stocks Rebound, Asia Mixed After Weak China Data
European stock markets rebounded on Wednesday as bank shares recovered and after a mixed showing by Asia.
AFP news Aug 09, 2023
Markets Struggle As Traders Fret Over Another Fed Hike
Stock markets stuttered Tuesday on renewed concerns that the Federal Reserve will hike rates again, while another weak batch of trade data compounded worries about the struggling Chinese economy.
AFP news Aug 08, 2023
European Stock Markets Drop On Weak Data
European stock markets retreated Monday on further poor economic data for the region and following a mixed showing by major Asian indices.
AFP news Aug 07, 2023
Stocks, Dollar Retreat Before Fed Rate Decision
Major stock markets mostly retreated Wednesday as a China-induced rally gave way to cautious trading ahead of a Federal Reserve policy decision, with fresh data reviving the possibility of more US rate hikes before the end of the year.
AFP news Jul 26, 2023
Oil Inches Up Amid Wrangling Over Russian Oil Price Cap
Brent crude futures inched up 13 cents, or 0.2%, to trade at $85.47 a barrel at 0121 GMT.
Reuters Nov 25, 2022
Economists Predict 75 Basis Point Interest Rate Hike In South Africa
Most experts are confident that interest rates will peak between 7.0% and 7.5%.
Priya Walia Nov 24, 2022
Hopes Grow For Inflation Relief As German Producer Prices Fall
This is likely to be welcome news, even if only at the margins, for the European Central Bank, which has been raising rates aggressively to tame price pressures.
Reuters Nov 21, 2022
Oil Dips Near 2-month Lows As Supply Concerns Ease
Both benchmarks closed Friday at their lowest since Sept. 27, extending losses for a second week, with Brent down 9% and WTI 10% lower.
Reuters Nov 21, 2022
Hong Kong Leads Asia Losses On Fresh China Covid Fears
The news threw a spanner in the works for investors who had grown hopeful of a gradual reopening after Beijing eased a number of virus-fighting measures earlier this month.
AFP news Nov 21, 2022
UK Inflation Accelerates To 41-year Peak
Domestic fuel bills rocketed again despite the UK government's energy price freeze as the market faced more fallout from key producer Russia's invasion of Ukraine.
AFP news Nov 16, 2022
Dollar Advances Ahead Of Inflation Data; Cryptos Crumble
The euro hobbled just above parity at $1.0016, some distance from its near-two-month high hit earlier in the week. Sterling last stood at $1.1360, after sliding 1.6% overnight.
Reuters Nov 10, 2022
European Shares Gain Ground On Boost From Travel Stocks
European shares rose on Monday, reversing declines from the opening bell, as a jump in travel stocks helped outweigh a drag from China-exposed luxury giants.
Reuters Nov 07, 2022
Dollar Ascendant; Sterling Slumps On Lower Rate Expectations, Bleak Outlook
Sterling edged up 0.1% to $1.1170, after sliding 2% overnight. It was headed for a weekly loss of nearly 4%, the largest since September's market turmoil triggered by an economic plan that alarmed investors.
Reuters Nov 04, 2022
Oil Climbs On Demand Hopes After Big Drawdown In U.S. Crude Stocks
Brent crude futures picked up 17 cents, or 0.1%, to $94.82 a barrel at 0014 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 26 cents, or 0.3%, to $88.63 a barrel.
Reuters Nov 02, 2022
Asian Shares Waver, Dollar Dips Ahead Of Fed Policy Decision
MSCI's broadest index of Asia-Pacific shares outside Japan was 0.2% lower in early trade, as a drop in Chinese bluechips and Hong Kong shares offset an uptick in South Korea and Australia.
Reuters Nov 02, 2022
South Africa Still Has Space To Raise Rates - Central Bank
The South African Reserve Bank (SARB) has raised its main lending rate at its last six monetary policy meetings in a bid to get inflation under control. Its next decision is due on Nov. 24.
Reuters Nov 01, 2022
Dollar Droops Amid Improved Risk Mood Before Fed; Aussie Pares Gain After RBA
The index has fluctuated in a broad range around the 112 level since its retreat from a two-decade high of 114.78 at the end of September.
Reuters Nov 01, 2022
Asian Markets Extend Rally As Bargain-buyers Boost Hong Kong
While Wall Street suffered a pullback from a recent rally, the mood in Asia remained optimistic while bargain-buying also provided some much-needed support to Hong Kong and Shanghai.
AFP news Nov 01, 2022
Oil Prices Edge Lower As China COVID-19 Woes Dampen Demand
Brent crude for January delivery was down 4 cents at $92.77 a barrel at 0112 GMT. The December contract expired on Monday at $94.83 a barrel, down 1%.
Reuters Nov 01, 2022
Asia Stocks Creep Higher On Hopes Fed Will Tone Down Hikes
Gains in Hong Kong, Australia and Korea pushed MSCI's index of Asia-Pacific shares outside Japan up 0.8%.
Reuters Oct 31, 2022
Dollar Up As Data Suggests Fed Hawks Will Stay In Control; Yen Fragile
The greenback moved broadly higher in Asia trade, particularly against the Japanese yen, rising more than 0.5% and pushing above the 148 yen level.
Reuters Oct 31, 2022
Dollar Slips As Bets Mount For Less Hawkish Fed, Euro Above Parity
The euro peaked at $1.00935 and sterling at $1.1645 in early Asia trade, both their highest since Sept. 13.
Reuters Oct 27, 2022
Asia Shares Jump As Investors Anticipate Smaller Interest Rate Rises
Australia's resources-heavy share index advanced 0.81%, while Japan's Nikkei opened 0.09% lower.
Reuters Oct 27, 2022
'Seismic Shift' In Bank Payments To Help Business And Consumers, Says EU
Currently, some banks charge far more for an IP transfer, up to 30 euros ($30) in some cases, compared with traditional transfers.
Reuters Oct 26, 2022
Asian Markets Rally With Wall St On Rate Hope, Healthy Earnings
Hong Kong and Shanghai were among the best performers after China's central bank and forex officials pledged support for the country's equities, bonds and yuan, helping investors bounce back from Monday's rout.
AFP news Oct 26, 2022
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