Friday, April 11, 2014
Markets in Europe traded in fairly narrow ranges Thursday as the successful return of Greece to bond markets following a four-year absence helped further steady the nerves following a turbulent start to the week.
Oil prices fell on Thursday after weak Chinese trada data, but losses were curbed by upbeat U.S. demand and lingering doubts about the full resumption of Libyan exports, analysts said.
The dollar edged down against the yen on Asia on Thursday after minutes from the U.S. Federal Reserve showed its policymakers are broadly against hiking interest rates too soon.
Thursday, April 10, 2014
A solid start to the U.S. quarterly corporate reporting season helped shore up the mood across financial markets on Wednesday, ahead of the minutes to the last policy meeting of the U.S. Federal Reserve.
The dollar on Wednesday bounced back above 102 yen, clawing back losses suffered in New York after the head of the Bank of Japan poured cold water on hopes it will add to its stimulus program in the near future.
The price of oil edged up closer to US$103 a barrel Wednesday amid unrest in eastern Ukraine, even as a report showed a large rise in U.S. crude stockpiles.
Wednesday, April 9, 2014
Global investments in renewable energy slumped 14 percent last year, with China pouring more money into the sector than Europe for the first time on record, the U.N. said Monday.
Global stocks were mostly lackluster Tuesday after Japan's central bank refrained from expanding its stimulus and declines in tech stocks weighed on sentiment.
The yen rose in Asia Tuesday as the head of the Bank of Japan quashed hopes for an imminent expansion to its stimulus program, and said the economy would not be severely hurt by a recent sales tax rise.
Oil prices gained modestly Tuesday in Asia as traders awaited weekly U.S. data on crude oil and distillates stockpiles.