Thursday, June 19, 2014
European stock markets climbed Wednesday as investors awaited the outcome of the U.S. Federal Reserve's latest monetary policy meeting, and tracked fighting in Iraq.
Oil prices rose on Wednesday as dealers tracked fresh violence in Iraq — where militants have attacked the nation's main refinery — and awaited the U.S. Federal Reserve's latest monetary policy decision.1 Comment
Gold prices settled lower Tuesday amid expectations that the Federal Reserve will continue easing off its support for the economy.
The dollar held steady in Asia on Wednesday as investors await the end of a two-day U.S. Federal Reserve policy meeting later in the day.
Wednesday, June 18, 2014
European stock rose on Tuesday as investors took their cue from slender gains on Wall Street before this week's U.S. Federal Reserve policy meeting, but gains were capped by Iraq fears.
The dollar and euro rose against the yen in Asia on Tuesday as investors bet Japan's public pension fund, the world's biggest, will start to shift some of its holdings into foreign assets.
The price of oil dropped Tuesday after the U.S. said it was deploying a small group of troops to Iraq, which helped soothe fears somewhat over the prospect of a broader conflict that could disrupt crude supplies.
Tuesday, June 17, 2014
World stock markets mostly declined Monday as the turmoil in Iraq dampened sentiment and investors held back ahead of the Federal Reserve's monthly policy meeting later in the week.
The yen rallied in Asia Monday on growing fears about the Iraq crisis, while the pound hit a near five-year high against the dollar after the head of the Bank of England (BOE) suggested interest rates could go up sooner than expected.
The price of oil rose above US$107 Monday as violence worsened in Iraq with reports of a massacre by Islamic militants, raising fears of widening instability in the country, a key energy producer.