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Gold hits three-week high as dollar slides to lowest since 2014
Fri, Feb 16, 2018
Data this week showed US producer prices accelerated in January, while initial claims for state unemployment benefits increased in the week ended February 10.
Oil languishes after OPEC fails to deepen supply cuts, Asia stocks retreat
Fri, May 26, 2017
The Organization of Petroleum Exporting Countries and some non-OPEC producers agreed at a meeting in Vienna on Thursday to extend supply cuts of 1.8 million barrels per day until the end of the first quarter of 2018.While OPEC`s move had been expected, some oil market investors had hoped producers would agree to longer or deeper cuts to drain a global glut of oil.
Sterling retreats after Manchester blast, stocks steady
Tue, May 23, 2017
Sterling remained under pressure after police said at least 19 people were killed and about 50 injured in an explosion at a concert in Manchester where U.S. singer Arianna Grande had been performing.
Asia shares creep up to near 2-year peak, dollar firms
Thu, Mar 30, 2017
Japan`s Nikkei stock index was down 0.2%, while Australian shares firmed, helped by gains in oil prices. Strong energy shares had helped the U.S. S&P 500 end higher overnight.
Asia stocks set to end week higher, dollar slides after Fed
Fri, Mar 17, 2017
"The story in global markets over the past 24 hours has centred on a broad-based tightening of monetary policy conditions (and the perception of future tightening)," Chris Weston, chief market strategist at IG in Melbourne, wrote in a note.
Pound soars as court demands parliament vote on Brexit
Thu, Nov 03, 2016
The pound soared against the dollar and euro Thursday after the High Court in London ruled that parliament must approve the start of Britain`s withdrawal from the European Union.
'Fat-finger' error seen as sterling slumps; Asian shares dip
Fri, Oct 07, 2016
Sterling plunged to a three-decade low in thin early Asian trade on Friday as a break of key technical support levels triggered a wave of stop-loss orders.
Asian stocks, gold slips on stimulus end prospects
Wed, Oct 05, 2016
Asian shares and gold retreated on Wednesday and bond yields were near two-week highs after markets were rattled by a report flagging the possible withdrawal of global stimulus measures.
Asian shares start Q4 with gains, sterling stumbles
Mon, Oct 03, 2016
Asian shares got the new quarter off to a firm start on Monday, while sterling tumbled as Britain set a March deadline to start divorce proceedings from the European Union (EU).
Asia shares fall, bonds surge as Brexit fears resurface
Wed, Jul 06, 2016
Asian share markets turned tail on Wednesday as fears over instability in the European Union returned with a vengeance, sending the pound to three-decade lows and hammering risk assets of all stripes.
Sterling skids to fresh 31-year low on Brexit fallout worries
Tue, Jul 05, 2016
The pound, the asset that has borne the brunt of market concerns about the economic impact of the vote, slid as much as 1.3% on Tuesday to hit $1.3112, its lowest since September 1985.
Chinese yuan falls to sixth place among most-used world payment currencies: SWIFT
Thu, May 26, 2016
The yuan jumped to the fourth place last August but gradually lost growth momentum as the volatile foreign exchange rate and China's sluggish economy dampened foreign investors' appetite to use or hold the currency.