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Friday, March 28, 2014
The dollar edged up against the yen in Asia Thursday after falling in U.S. trade on concerns about the U.S. banking system and tensions between Russia and the West.
Thursday, March 27, 2014
World stock markets gained Wednesday as investors anticipated further stimulus measures from Europe and China while U.S. economic data reinforced recovery hopes in the world's largest economy.
The dollar stayed firm against other currencies in Asia on Wednesday, holding onto gains on data showing U.S. consumer confidence at a six-year high.
The price of oil was becalmed Wednesday as the energy market waited for a weekly U.S. crude stockpiles report.
Wednesday, March 26, 2014
Australian Prime Minister Tony Abbott Tuesday said substantial progress had been made in securing free trade agreements with its three largest export markets and a pact with Japan should be finalized within weeks.
Asian stock markets were muted Tuesday with little news to excite investors, but European shares and U.S. futures were mostly higher.
The euro weakened in Asia on Tuesday after rallying in New York as analysts warned of downside risks if Western leaders tighten economic sanctions on Russia over the Crimea crisis.
Oil prices edged slightly lower on Tuesday as soft factory data from China and the U.S. balanced the threat of sanctions against Russia following its annexation of the Crimean Peninsula.
Tuesday, March 25, 2014
Asian stock markets were boosted Monday by expectations of economic stimulus in China after manufacturing continued to weaken in March. European shares fell after a eurozone manufacturing survey reinforced expectations of a slow recovery.
The dollar held steady Monday following a surge last week on comments from Federal Reserve head Janet Yellen as Tokyo shares rebounded from a six-week low.
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