Tag Archives: currencies

Japan’s Nikkei index closed lower on Wednesday after a two-day rally, dragged down by energy stocks, as fears of a global economic slowdown weighed on the market. The Nikkei index fell 1.20 percent to close at 26,107.65 points. The broader Topix index fell 1.23 percent to 1,855.97 points. Shares of …

The euro fell to its lowest level in twenty years during trading Tuesday, July 5th, after losing more than 1% of its value to record 1.0283 against the dollar. This comes with the growing fears of recession in the euro zone, and the rise in prices, without any indications that …

European shares rose in early trading on Tuesday after positive economic data from Asia and signs of easing tensions between the United States and China overshadowed fears of a global slowdown, while shares of Scandinavian airline SAS fell after it filed for bankruptcy in the United States. The pan-European Stoxx …

Japan’s Nikkei index closed higher by one percent on Tuesday as investors sought to snipe declining technology shares, as well as stocks receiving support from rising Asian stocks and US futures. The Nikkei rose 1.03 percent to close at 26,423.47 points. The broader Topix index rose 0.5 percent to 1,879.12 …

The euro and sterling rose against the dollar on Monday in quiet trade amid the holiday season in the United States while risk appetite improved globally. With US markets closed for the Independence Day holiday, markets expected light trading on Monday and major currencies gained ground at the expense of …

European stock markets rose on Monday, boosted by oil and gas stocks, while investors awaited the release of inflation data in the eurozone, after a report on consumer prices published last week boosted expectations that the European Central Bank will raise interest rates. The pan-European STOXX 600 index rose 0.8 …

Japanese shares closed higher on Monday, supported by utility companies as the country continues to grapple with an unprecedented heat wave. Overall, investor sentiment remained low on widespread fears of a global economic slowdown, with trading slowing ahead of the US Independence Day holiday on Monday. The Nikkei index rose …

European shares fell on Friday, as semiconductor shares led the decline after tepid expectations from US chip maker Micron, while investors awaited euro zone inflation data to build their expectations about the pace of interest rate hikes. Dutch semiconductor equipment company ASML, French-Italian chip maker ST Microelectronics and German chip …

Japan’s Nikkei fell for a third consecutive session on Friday to close at its lowest level in nearly two weeks, tracking Wall Street’s losses overnight, as investors worried about the economic slowdown in the world’s largest economy. The Nikkei fell 1.73% to 25,935.62 points, its lowest closing level since June …

The Swedish Krona rose against the Euro on Thursday after Sweden’s Central Bank raised its key interest rate by 50 basis points, as expected. On the other hand, the price of the euro stabilized against the major currencies and remained near its lowest level since 2015 against the Swiss franc …