Friday, April 10, 2015
European stock markets rose on Thursday as traders focused on the Greek debt saga and outlook for interest rates on both sides of the Atlantic.
The dollar firmed Thursday after the minutes of the Federal Reserve's last policy meeting showed a split over the timing of an interest-rate increase, keeping chances of a June hike alive.
Oil prices rebounded Thursday on bargain-hunting after a surge in U.S. crude stockpiles and record output in Saudi Arabia sparked a sell-off in the previous session, analysts said.
Thursday, April 9, 2015
China's new development bank can have an important role in fighting extreme poverty if it establishes high standards for its projects, World Bank President Jim Yong Kim said Tuesday.
Asian markets rallied Wednesday, led by an almost 4 percent surge in Hong Kong on its first post-holiday trading day as it reacted to weak U.S. jobs data that reduced the chances of a rate rise any time soon.
The dollar fell against the yen Wednesday as the Bank of Japan held off further easing measures after a two-day policy meeting.
Oil prices fell Wednesday on profit-taking after the previous day's sharp gains, while traders expected another rise in U.S. crude inventories.
Wednesday, April 8, 2015
China's new development bank can have an important role in fighting extreme poverty if it establishes high standards for its projects, World Bank President Jim Yong Kim said Tuesday.2 Comments
Europe's main stock markets rallied Tuesday, while the euro retreated against the dollar, as investors reacted to U.S. economic data and debt moves by Greece in resumed trading after Easter.
The U.S. dollar held up against the yen in Asia on Tuesday after selling on last week's weak U.S. jobs report ran its course.