Wednesday, March 26, 2014
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.
The price of oil fell slightly Monday following a drop in China's manufacturing.
Saturday, March 22, 2014
World stock markets bounced back Friday as upbeat U.S. economic data helped shake off worries about future increases in U.S. interest rates. Trading in Asia was subdued as Japanese markets were closed for a public holiday.
The dollar eased in Asian trade Friday but maintained most of its gains after Federal Reserve head Janet Yellen indicated U.S. interest rates could rise early in 2015.
The price of oil extended losses Friday as seasonal maintenance of refineries crimps U.S. demand and a stronger dollar makes the commodity more expensive.
Friday, March 21, 2014
Global stocks fell Thursday after comments from the new head of the Federal Reserve suggested U.S. interest rates could rise sooner than financial markets were anticipating.
The U.S. dollar held steady in Asia on Thursday, after surging in New York as Federal Reserve chief Janet Yellen hinted that interest rates could rise early next year, sooner than expected.
The price of oil extended gains Thursday, a day after rising for the first time in a week on signs of increased U.S. demand for gasoline and other fuels.