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Tuesday, July 8, 2014
Global stocks mostly lower ahead of US earnings
Global stock markets were mostly lower Monday as investors looked ahead to U.S. corporate earnings following last week's strong job numbers.
The dollar held up in Asia on Monday after rallying on strong jobs data last week, as investors awaited minutes of the most recent meeting of Federal Reserve policymakers.
Oil fell below US$104 per barrel on Monday as expectations of increased supply offset strong U.S. job growth.
Saturday, July 5, 2014
Asian stocks close higher after strong US jobs report
Asian stock markets were mostly higher Friday after the U.S. reported strong hiring for June. European markets faded after being boosted by the jobs data the day before.
The dollar was steady against the yen and euro in Asia Friday after it rallied on an encouraging U.S. jobs report that pointed to a stronger economy and a possible early interest rate hike.
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.
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