The US dollar slipped again on Tuesday from a one-week high against a basket of its major peers, with traders awaiting the message Federal Reserve officials will deliver at Wednesday’s monetary policy meeting. The dollar index, which measures the US currency against six rival currencies, including the euro, the pound …
Read More »Japan shares close higher thanks to positive corporate profits and Toyota declines
Japanese stocks closed higher on Tuesday, as investors reacted to expectations of some companies for a strong performance, even as Toyota Motor shares fell after the company reported worse-than-expected earnings. The Nikkei average rose 0.33 percent to 27,678.92 points, while the broader Topix gained 0.47 percent to 1,938.50 points. Toyota …
Read More »European shares slip ahead of inflation data
European shares fell on Monday, led by lower energy and mining shares, while investors awaited the key inflation reading in the eurozone, which is likely to show prices rose to new record levels in October. The pan-European Stoxx 600 index fell 0.1 percent after closing higher on Friday, while the …
Read More »Japan’s Nikkei closes at 6-week high as technology shares rise
Japan’s Nikkei index closed at a six-week high on Monday, October 31, tracking Wall Street’s strong close in the previous session, with technology stocks topping the list. The Nikkei rose 1.78% to 27,587.46 points, its highest level since Sept. 20, and its biggest one-day gain since Oct. 14. The broader …
Read More »Yen falls after Bank of Japan sticks to monetary easing, dollar rises
The yen fell on Friday as the Bank of Japan stuck to its accommodative policy, while the dollar attempted to recover from losses at the weekend on expectations that the Federal Reserve would signal a slowdown in interest rate hikes. The dollar was last up 0.8 percent against the yen …
Read More »Nikkei declines, affected by Wall Street and corporate profits, but maintains its weekly gains
Japan’s Nikkei fell on Friday, as weak Wall Street and some weak results from local companies weighed on sentiment, although the benchmark index maintained its first weekly gain in three weeks. The Nikkei fell 0.88 percent to 27,105.30 points, but remained significantly higher than the important 27,000 points barrier. The …
Read More »European shares fall on weak commodities, mixed corporate earnings
European shares fell on Friday, dragged down by weak commodity prices and mixed corporate earnings, as investors weighed the path to tighten monetary policy amid a slowdown in economic growth. The pan-European STOXX 600 index fell 0.9 percent by 0719 GMT; miners led losses with commodity prices tumbling amid concerns …
Read More »USD rises after intense selling, JPY rises
The dollar rose on Thursday after falling earlier to its lowest level in a month in volatile trading ahead of the European Central Bank’s expected interest rate hike. Meanwhile, the yen gained some strength ahead of the Bank of Japan’s monetary policy decision on Friday, rising to 145.11 against the …
Read More »European stocks fall on anticipation of a rate hike
European shares opened lower on Thursday as investors remained cautious ahead of a widely expected decision by the European Central Bank to raise interest rates, as well as the troubled Swiss bank Credit Suisse unveiling restructuring plans. The pan-European Stoxx 600 index fell 0.3 percent after closing at a five-week …
Read More »Nikkei closes lower after 3 days of gains
The Japanese Nikkei index ended Thursday’s trading lower after three days of gains, as cautious investors focused on the outlook for specific stocks as earnings season reached its climax. The Nikkei index closed down 0.32 percent at 27,345.24 points. The index recorded positive readings at times in the morning session, …
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