Tag Archives: currencies

European stocks fell on Thursday, pressured by falling utilities and telecom stocks amid growing fears of an imminent recession. The Stoxx 600 index was down 0.1 percent by 0815 GMT. The index fell for the fourth consecutive session on Wednesday amid growing fears of slowing economic growth ahead of a …

The Japanese Nikkei index ended Thursday’s transactions near the lowest level in a month, affected by a weak closing of Wall Street amid economic concerns, as well as the results of companies’ business. The Nikkei fell 0.4 percent to close at 27,574.43 points, its lowest closing level since November 10. …

European stocks fell on Wednesday, December 7, affected by investor anxiety, amid growing fears of a recession, although the strong push of the healthcare sector limited losses. The pan-European Stoxx 600 index fell 0.2%, extending its losses for the fourth consecutive day, after it began to recover from its fall …

Japan’s Nikkei average touched a four-week low on Wednesday, tracking a sell-off in technology stocks on Wall Street overnight, but gains in auto stocks helped limit losses. The Nikkei closed down 0.72% at 27,686.40, after dropping earlier to 27,646.78 for the first time since November 10. Tokyo Electron, which specializes …

The US dollar index held firm on Tuesday, posting its biggest gain in two weeks, after strong US service sector data fueled expectations that the Federal Reserve would raise interest rates more than recently expected. The Australian dollar rose from near a one-week low after the Reserve Bank of Australia …

European stocks fell on Tuesday, December 6, under pressure from the banking and energy sectors, as strong data on the services sector activity in the United States raised fears that the US Federal Reserve will continue to raise interest rates at large rates. The Stoxx 600 fell by 0.1%, extending …

Japanese stocks ended slightly higher on Tuesday, supported by gains in chip-related stocks as well as exporters, which rose on the back of the yen’s decline against the dollar. The Nikkei index increased 0.24 percent, closing at 27,885.87, while the Topix index rose 0.12 percent, closing at 1950.22. The dollar …

European stocks fell on Monday in cautious trading ahead of the publication of data on business activity amid concerns about the economic slowdown in the European Union. Stocks posted gains for the seventh consecutive week on Friday, supported by China’s easing of COVID-19 restrictions following protests against the country’s strict …

The dollar fell broadly on Monday after a difficult week, dropping below seven yuan as sentiment towards riskier assets improved after signs that China would ease some restrictions related to COVID-19. More Chinese cities, including financial hub Shanghai and Urumqi in the far west, announced easing coronavirus restrictions over the …

Japan’s Nikkei index closed slightly higher on Monday, supported by gains in Fast Retailing, owner of Uniqlo stores, and technology heavyweights. The Nikkei index rose 0.15 percent to close at 27,820.40 points, while the broader Topix index fell 0.31 to 1,947.90 points. In the US, the S&P 500 and the …