European shares hit 20-day lows, with travel, banking, and auto stocks leading declines on Monday as investors feared political risks following warnings that Russia could invade Ukraine at any time. The pan-European Stoxx 600 index was down 2 percent by 0808 GMT, its lowest since Jan. 25. All sub-indices of …
Read More »Nikki Drops to its Lowest Level in 3 Weeks
Japan’s Nikkei index fell on Monday to its lowest level in three weeks, pushed down by technology shares on investor concerns about growing tensions surrounding Ukraine and rising inflation risks in the United States. The Nikkei index lost 2.23 percent to close at 27,079.59 points, the most significant daily percentage …
Read More »USD/JPY Around 115.10 Area Amid News On Imminent Invasion of Ukraine
During the North American session, the USD/JPY nose-dives as the Ukraine – Russia conflict escalates, on reports that Russia would attack Ukraine in the following week. The USD/JPY pair is now trading at 115.19.On the news headlines, the USD/JPY collapsed from 115.80 towards a daily low at 115.00, where the …
Read More »European Shares Fall in a Sell-Off
European shares fell on Friday, heading for a sell-off in global markets, after strong US inflation data fueled bets for a bigger US interest rate hike, although comments hinting at monetary easing from the European Central Bank head limited losses. The pan-European Stoxx 600 index fell 0.5 percent after data …
Read More »European Shares Rise After Strong Gains For Siemens
European shares extended gains on Thursday, a day after achieving their best session since the beginning of the year, boosted by the rise of German shares that received a boost from strong quarterly earnings growth for Siemens. Siemens shares jumped 7.3 percent after the company said it was seeing “extraordinary” …
Read More »Japan Shares Rise Supported by Strong Gains in The Technology
Japanese stocks rose on Thursday as technology shares followed their peers that made solid gains on Wall Street late Wednesday, although caution ahead of US data releases weighed on investor sentiment. The Nikkei index rose 0.42 percent to close at 27,696.08 points, after jumping more than one percent earlier in …
Read More »The Euro Stabilizes And The Dollar Stabilizes Ahead of Inflation Data
The price of the euro settled on Wednesday, at a level below its highest level in three weeks after Christine Lagarde, President of the European Central Bank played down the possibility of a significant rate hike. The dollar stabilized a day before the US consumer price index data, which may …
Read More »Japan Shares Close Higher on Wall Street’s Footsteps
Japanese stocks closed higher on Wednesday after a rally led by the technology sector overnight on Wall Street, as investors bought shares of companies that reported strong results with sentiment rising further thanks to the approaching earnings season. The Nikkei index advanced 1.08 percent to close at 27,579.87 points, while …
Read More »Strong Business Results Support European Stocks
European shares extended gains on Tuesday after the European Central Bank chief eased concerns about faster monetary policy tightening this year, while positive business results supported investor sentiment. The benchmark Stoxx 600 index was up 0.3 percent by 0830 GMT. Oil stocks were among the biggest gainers on the European …
Read More »Technology Stocks Push The Nikkei Higher
The Japanese Nikkei index closed slightly higher on Tuesday, supported by technology shares, as investors were keen to snap up the shares that were hurt, despite caution that prevails ahead of the release of US inflation data due later this week. The Nikkei index closed up 0.13 percent at 27,284.52 …
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