Tuesday, December 3, 2013
The dollar weakened in Asia Monday ahead of a raft of U.S. economic data that will provide a better idea of the future of the Federal Reserve's stimulus program.
Oil prices rose Monday as China's manufacturing growth held steady at a modest pace in November.
Monday, December 2, 2013
The Organization of Petroleum Exporting Countries (OPEC) meets this week to decide on the cartel's oil output against a backdrop of slowing crude demand and unrest in member nation Libya.
Friday, November 29, 2013
The price of the digital currency bitcoin soared above US$1,000 for the first time on Wednesday, extending a 400 percent surge in less than a month that some see as a growing bubble in an asset that is still a mystery to many.
The message is sinking in — economies of the rich world face super-easy money far into the future and central banks are now convinced it's the least of all policy evils.
Japan's stock index was the standout performer Thursday, surging to its highest level in almost six years as the yen fell amid speculation that the country's monetary policy will be eased further.
The dollar edged down in Asia Thursday after surging to a six-month high against the yen on Bank of Japan (BoJ) easing speculation, while dealers turn their attention to key eurozone inflation data.
Oil consolidated at a six-month low Thursday after U.S. crude stockpiles rose for a tenth straight week.
Thursday, November 28, 2013
Markets were subdued Wednesday ahead of a run of U.S. economic data that's due to be released before traders on Wall Street start packing up for the Thanksgiving holiday.
The euro rose to a four-year high against the yen in Asia Tuesday after a deal to form a coalition government in Germany and as speculation mounts over further easing by the European Central Bank (ECB).