Saturday, March 1, 2014
The U.S. dollar fell below 102 yen in Asia on Friday on speculation that the Federal Reserve could shift its tapering policy if recent weak data is a sign of a fundamental change in growth.
Oil prices extended losses on Friday owing to concerns over soft U.S. economic data and the unfolding crisis in Ukraine, analysts said.
Friday, February 28, 2014
Bitcoin users in Tokyo will gather on Thursday for a meeting set to be dominated by the shuttering of the MtGox exchange amid claims of a multi-million dollar theft.
An escalation in tensions in the Ukrainian region of Crimea roiled global markets on Thursday. As reports emerged that dozens of heavily armed pro-Russia gunmen have seized control of local government buildings in Crimea, stocks in Europe — and not just in Moscow and Kiev — took a pounding while the dollar and gold advanced. Investors are worried that the tensions in the strategically important peninsula may take the Ukrainian crisis into a new, more dangerous phase.
The dollar was stuck in a tight range on Thursday as investors sit on the sidelines before the head of the U.S. Federal Reserve gives testimony to senators later in the day.
Oil prices fell in Asia on Thursday as expectations for reduced demand due to warmer weather outweighed a smaller-than-expected increase in U.S. oil supplies.
Thursday, February 27, 2014
Subdued trading reigned in world stock markets Wednesday after the S&P 500's failure to punch through its recent record high for a second day instilled investors with caution.
The dollar edged up in Asia on Wednesday after selling on weak U.S. data petered out ahead of Congressional testimony by Federal Reserve chief Janet Yellen.
Oil prices edged lower in Asia Wednesday as market players tried to assess U.S. demand with the approach of warmer weather.
Wednesday, February 26, 2014
Asia-Pacific trade ministers negotiating a huge U.S.-led free trade area said Tuesday they were making headway but differences remain over market access.