Category Archives: News
Asia Stocks Mostly Lower on China Growth Fears
Asian stocks stumbled to their lowest in five weeks on Monday after weak data out of China over the weekend raised concerns of a sharp slowdown in the world’s second-biggest economy. Continue reading
Dollar Gains on Fed as Gold Drops While Asian Stocks Fall
The dollar headed for its biggest weekly gain versus major peers since November and precious metals retreated as investors assessed the U.S.-rates outlook before the Federal Reserve meets next week. Continue reading
Dollar Continues its Advance
The results of a recently conducted poll which shows that Scottish voters are still considering independence from the United Kingdom has sent jitters through the FX market and pushed the U.S. Dollar broadly higher, however the Pound Sterling was able t… Continue reading
China Stocks Climb on Stimulus Bets; Aussie Jumps on Jobs
Chinese stocks advanced yesterday as weaker-than-expected price data spurred speculation that the government will do more to boost growth. Australia’s dollar surged and bond yields climbed after a record jump in employment, while wheat extended declines. Continue reading
Dollar Broadly Higher on Fed Expectations
The U.S. Dollar rallied broadly on expectations that an improving U.S. economy will bring forward the Federal Reserve Bank’s timing on an interest rate hike. Short term U.S. Treasury yields for 2-year notes were within striking distance of 3-year high of 0.590%, while 10-year yields moved above 2.50%. Continue reading
Gold Slips Near 3-month Low on Rate Hike Fears
Gold slipped on Wednesday to trade near its lowest in three months as speculation over an early U.S. interest rate hike strengthened the dollar and dulled bullion’s appeal. Continue reading
Asian Stocks Fall for Fourth Day as Consumer Shares Drop
Asia-Pacific stocks fell for the fourth day, with the benchmark index heading for a three-week low, after the Standard & Poor’s 500 Index retreated from a record and as consumer shares slipped. Continue reading
Unexpected Poll Results Sends Sterling Reeling
The Pound Sterling did a nose dive earlier, hitting a 13-month low during Monday’s trading session after the results of a recently conducted opinion poll showed that Scotland’s residents were was prepared to secede from the United Kingdom after a 300 year union. Continue reading
Asian Stock Measure Fluctuates After China Trade Report
Asia’s benchmark stock index swung between gains and losses as investors weighed data showing Chinese exports rose more than analysts projected last month, while imports unexpectedly fell. Continue reading
Asia Equities Mixed Before US Jobs Report
Asian stocks were mixed on Friday following the European Central Bank’s surprise rate cut overnight and amid caution ahead of a key U.S. jobs report. Continue reading
