Saturday, July 5, 2014
Oil prices were mixed in Asia Friday as profit-taking set in after rallying in response to a strong U.S. jobs report, while dealers consider the prospect of an influx of Libyan crude into global markets, analysts said.
Friday, July 4, 2014
Federal Reserve Chair Janet Yellen said Wednesday that she doesn't see a need for the Fed to start raising interest rates to defuse the risk that extremely low rates could destabilize the financial system.
World stock markets mostly gained Thursday ahead of a U.S. jobs report that is expected to show continued employment growth in a positive sign for the world economy.
Thursday, July 3, 2014
World stocks were mostly higher Wednesday on improved U.S. and Chinese economic activity.
The dollar rose against the yen and euro in Asia Wednesday, boosted by upbeat sentiment, but it is still sitting around more than five-and-a-half-year lows against the pound after a strong set of British manufacturing figures.
The price of oil edged up Wednesday on stronger manufacturing activity in the United States and China, the two biggest oil consumers.
Wednesday, July 2, 2014
European shares rose Wednesday, led by BNP Paribas after the bank said it had enough funds to pay a nearly US$9 billion settlement of charges it violated U.S. trade sanctions. Asian stock markets were lackluster despite an improvement in China's manufacturing.
The dollar edged up in Asia Tuesday as gains in Tokyo stocks boosted sentiment, but lower U.S. bond yields kept the unit under the 102-yen level, analysts said.
The price of oil rose Tuesday on expectations for stronger demand following an improvement in manufacturing activity in China, the world's biggest oil importer.
Tuesday, July 1, 2014
Global stock markets mostly inched higher Monday as investors prepared for a busy week of economic news that will give new clues about the strength of the global recovery.