Saturday, August 9, 2014
World stocks sank Friday as jitters over the crises in Iraq and Ukraine escalated, but Chinese stocks rose after surprisingly strong growth in exports.
The yen soared in Asia on Friday as U.S. President Barack Obama's announcement that he had authorized U.S. air strikes on Iraq pushed traders into the Japanese currency.
Oil prices rose in Asia Friday after U.S. President Barack Obama said he had authorised air strikes against Sunni extremist militants in key crude producer Iraq.
Friday, August 8, 2014
Global stocks were mostly lower Thursday as markets waited for central bank meetings in Europe and Japan while remaining on edge about tensions between Ukraine and Russia.
The euro edged up in Asia on Thursday ahead of a slate of central bank meetings as investors focus on whether European policymakers will hint at further monetary easing.
Oil prices fell further in Asia Thursday on ebbing fears about armed conflicts around the world and concerns about weakening U.S. demand, analysts said.
Thursday, August 7, 2014
Worries over Russian troops amassing near the Ukraine border caused a sharp sell-off in global stock markets on Wednesday. Germany's DAX dropped 1.4 percent to 9,064.55 and the FTSE 100 in London shed 1.1 percent to 6,611.92. France's CAC was down 1.1 percent to 4,187.23. U.S. markets looked set for another day of losses. Dow futures were down 0.2 percent to 16,340 and S&P 5000 futures slipped 0.1 percent to 1,911.70.
Oil prices edged higher in Asia Wednesday on bargain-hunting, but gains were capped by concerns about tepid demand in the United States, analysts said.
The euro was hovering near an eight-month low against the dollar in Asia on Wednesday on speculation that the European Central Bank (ECB) would hint at further stimulus after a policy meeting.
Wednesday, August 6, 2014
European stock markets were higher Tuesday, continuing to recoup losses after last week's sell-off. Asian stock markets mostly retreated after China's services industries weakened in July.