Saturday, May 2, 2015
The euro held steady Friday after surging in New York on encouraging economic data in the eurozone, including a welcome pick-up in prices and stronger-than-expected growth in Spain.
Figures released on Thursday by International Data Corporation (IDC) showed that the global tablet market continued to slump in the recently ended quarter.
Oil prices edged down on Friday after another rally that came on the back of the first drop in U.S. stockpiles for six months as well as a weaker dollar.
Friday, May 1, 2015
World stock markets were mostly lower Thursday after the U.S. economy skidded to a near halt in the first three months of the year and Japan's central bank held off from expanding its monetary stimulus.
Oil prices were mixed in Asia Thursday after first quarter U.S. economic growth fell short of forecasts but a weaker dollar and easing U.S. crude production provided support, analysts said.
The yen edged higher against the U.S. dollar Thursday after the Bank of Japan held fire on expanding its vast stimulus programme, but expectations for further loosening of monetary policy this year limited its upside.
British Airways-owner International Airlines Group said Thursday that it slashed its first-quarter losses on increased transatlantic business, cost controls and an ongoing recovery at its Spanish wing Iberia.
Thursday, April 30, 2015
The Federal Reserve downgraded its view of the U.S. economy Wednesday after a winter in which growth nearly froze. The Fed offered no sign that a rate increase might be coming soon.
Wednesday, April 29, 2015
Asian stock markets were lower Tuesday, taking a cue from losses on Wall Street ahead of earnings from major Asian companies and the Federal Reserve's policy meeting.
The U.S dollar edged up Tuesday with investors focusing on a Federal Reserve policy meeting as expectations for a June interest rate hike fade.