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Tuesday, July 29, 2014
European stock markets strike a mixed note
Europe's stock markets diverged on Monday in mixed trading, ahead of a busy week for economic news, dealers said. London's benchmark FTSE 100 index rose 0.11 percent to stand at 6,799.07 points in late morning deals in the capital. In Paris, the CAC-40 gained 0.33 percent to 4,345.47 points, while Frankfurt's DAX 30 index fell 0.11 percent to 9,633.72 compared with Friday's close. Before the weekend, European equities sank as sentiment was soured by falling German business confidence.
The dollar moved narrowly in Asia Monday as simmering geopolitical tensions capped activity while investors look to a slate of U.S. data and a Federal Reserve policy meeting later this week.
The price of oil traded around US$102 a barrel on Friday, nearly unchanged, as worries over supplies and geopolitical tensions eased.
Monday, July 28, 2014
Asset bubbles could deflate global recovery: analysts
In a world still struggling to shake off the worst financial crisis for a generation, many economists are worrying that new asset bubbles are already threatening to derail the tepid global recovery.
Saturday, July 26, 2014
The International Monetary Fund warned Thursday that geopolitical risks in Ukraine and the Middle East are looming over a global economy already hit by slowdowns in the U.S. and China.
European stock markets were down Friday, while Asian markets took cheer from U.S. unemployment claims falling to an eight-year low. Traders were generally cautious at the end of the week, taking a wait-and-see attitude before another set of
Oil prices nudged lower on Friday as traders balanced soft gasoline demand in the United States and plentiful global supplies, against upbeat Chinese manufacturing data and ongoing geopolitical concerns.
The euro held firm against the dollar and yen on Friday after bouncing back from multi-month lows in the previous session in response to upbeat manufacturing data.
Friday, July 25, 2014
World shares were rattled Thursday by reports the European Union is weighing stiffer financial sanctions against Russia.
The dollar held steady in Asia Thursday with currency markets little moved by weak Japanese trade data and upbeat manufacturing figures out of China.
  
  
  
  
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