Friday, April 4, 2014
The euro was mixed in Asia Thursday as investors turn their attention to a European Central Bank (ECB) policy meeting later in the day, after weak inflation data fuels speculation of a rate cut.
The price of oil drifted lower Thursday even after China introduced measures to underpin growth and U.S. crude inventories unexpectedly declined.
Thursday, April 3, 2014
World stock markets pushed higher Wednesday on signs of a pickup in the U.S. economy and expectations of further stimulus in Japan.
The dollar extended its gains against the yen in Asia Wednesday after upbeat manufacturing data from the United States and Europe boosted sentiment ahead of key U.S. jobs figures this week.
The price of oil was steady Wednesday after a big fall the day before as traders waited for a report on U.S. crude stockpiles.
Wednesday, April 2, 2014
Federal Reserve Chair Janet Yellen made clear Monday that she thinks the still-subpar U.S. job market will continue to need the help of low interest rates “for some time.”
Global stock markets were mostly higher Tuesday as the Fed's vow to keep interest rates low offset weak economic indicators from China and Japan.
The dollar held steady in Asia Tuesday as investors await the release of U.S. jobs data later in the week, while they largely ignored a Bank of Japan survey that showed business confidence at a more than six-year high.
The price of oil fell Tuesday, dented by soft Chinese manufacturing figures and Russia's withdrawal of a small number of troops from the forces massed along its border with Ukraine.
Tuesday, April 1, 2014
Global stocks were mostly higher Monday on expectations China and Japan will take new steps to spur economic growth.