The Japanese Nikkei index rose to its highest level in more than eight months on Monday, surpassing the key level of 29 thousand points, after the Bank of Japan continued its easy monetary policy that pushed the yen to its lowest level in nearly two months. The railways and airlines …
Read More »European stocks rise amid strong results
European stocks rose on Friday, echoing overnight gains on Wall Street, supported by strong corporate earnings as investors awaited first-quarter GDP growth estimates in the euro zone to assess the strength of the region’s economies. The pan-European Stoxx 600 rose 0.3 percent, but was on track for its first weekly …
Read More »Japan’s Nikkei at an 8-month peak after the central bank maintained its stimulus policy
Japan’s Nikkei rose to an eight-month high on Friday after the Bank of Japan kept its ultra-loose monetary policy unchanged, boosting the index further after a series of strong corporate results boosted it. The Nikkei index rose to 28,879.24 points for the first time since August 19, and closed near …
Read More »Most of Japan’s stocks rose at the close after the announcement of the companies’ results
Most Japanese stocks rose on Thursday, led by manufacturing companies, on profit optimism, while concerns about the banking sector weighed on financial companies. The Nikkei index rose 0.15 percent to close at 28,457.68 points, recovering from a drop of 0.6 percent at the beginning of the session. The broader Topix …
Read More »European stocks decline amid the return of concerns about the banking sector
European stocks fell on Thursday despite positive earnings from a group of companies, as turmoil over First Republic Bank continues to worry investors about the global banking sector. The pan-European Stoxx 600 index was down 0.1% by 0720 GMT, as media stocks fell 1.6%. Shares in Universal Music Group fell …
Read More »European stocks are falling amid the resurgence of recession fears
European stocks fell on Wednesday, tracking losses on Wall Street overnight, after recession fears resurfaced in the United States after gloomy data erased the initial optimism sparked by strong results from tech giants Microsoft and Alphabet. The European 600 index fell 0.4 percent by 0710 GMT, dragged down by technology …
Read More »European stocks are falling
European stocks fell on Tuesday as investors weighed more corporate results and comments from European Central Bank policy makers on interest rate expectations. The European Stoxx 600 index fell 0.4 percent by 0718 GMT, affected by the decline in the mining and banking sectors, 1.8 percent and 1.5 percent, respectively, …
Read More »Japan’s Nikkei index touches an 8-month high
Japanese stocks rose slightly on Tuesday, with the Nikkei index touching an eight-month high, amid optimism about the results of a group of companies and the expansion of government subsidies for chip production. Momentum eased in the afternoon session, dragged down by steel producers amid indications of weaker demand from …
Read More »Strong Euro nears nine-year high versus Japanese yen
At the start of a week that includes a widely awaited Bank of Japan meeting and the final few data releases before the Federal Reserve and European Central Bank make rate decisions in early May, the euro edged up a bit and the Japanese yen weakened. The euro was trading …
Read More »European stocks are falling ahead of a busy week of corporate earnings
European stocks fell on Monday, tracking their Asian counterparts, as investors await more economic data this week and the results of some major US companies, as well as prominent banks and consumer companies in Europe. The European STOXX 600 index fell 0.2 percent by 0710 GMT, while oil and gas …
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