Wednesday, November 25, 2015
Australian miners led losses in Asian commodity firms Tuesday, with giant BHP Billiton sitting at a 10-year low, as metals prices slip further on slack demand and a strong U.S. dollar.
Tuesday, November 24, 2015
The U.S. dollar rose in Asia currencies on Monday, boosted by expectations of a looming U.S. interest rate hike, while the euro slid to a fresh seven-month low.
Growing confidence that the U.S. will raise interest rates next month boosted the U.S. dollar in Asia on Monday, weighing on commodities, while the euro hit a seven-month low on speculation of more ECB easing.
Oil prices fell in Asia on Monday, extending their slide as a stronger U.S. dollar and news that world stockpiles have reached a record high put pressure on futures.
Saturday, November 21, 2015
The U.S. dollar edged down for a second day against emerging market currencies in Asia Friday as dealers focus on the pace of the expected rise in U.S. interest rates.
World stock markets drifted Friday, as enthusiasm faded over the U.S. Federal Reserve's hint that interest rate increases will be gradual.
Oil prices were higher in Asia Friday, but gains were limited in a market burdened by a persistent oversupply.
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Friday, November 20, 2015
Asian stocks and emerging market currencies rallied Thursday after minutes from the U.S. Federal Reserve showed growing confidence in the U.S. economy, ramping up the chances of a December interest rate hike.
The U.S. dollar eased from seven-month highs against the euro Thursday as risk appetite was boosted by an upbeat outlook in the U.S. economy and dealers bet an expected Federal Reserve interest rate hike will be slow.