Friday, August 22, 2014
The dollar edged up against the euro and the yen in Asian trade Thursday, building on the 11-month high it reached against the European currency overnight as the market eyed U.S. rate hikes.
Oil prices edged lower in Asia Thursday on fading fears that conflicts in crude producers Libya and Iraq could result in a major supply disruption, analysts said.
Thursday, August 21, 2014
Asian stocks got a slight boost Wednesday from positive U.S. economic figures that reinforced expectations of eventual Fed rate hikes and a stronger dollar, while European markets drifted lower ahead of Federal Reserve minutes.
The dollar hit multimonth highs against the euro and yen in Asia Wednesday after a surge in U.S. housing construction boosted optimism over the state of the world's number one economy.
Oil prices were mixed in Asia Wednesday as investors await the release of U.S. Federal Reserve minutes from its July meeting, while keeping an eye on the latest stockpiles data.
Wednesday, August 20, 2014
Global stock markets rose Tuesday on improved U.S. housing sentiment and news of diplomatic efforts to broker a cease-fire in Ukraine.
The dollar held steady in Asia on Tuesday as concerns over a Ukrainian clash with Russia eased, while investors looked to a speech by the U.S. Federal Reserve chief this week.
Oil prices rebounded in Asia Tuesday on bargain hunting after tumbling on easing concerns about conflicts in Ukraine and Iraq, analysts said.
Tuesday, August 19, 2014
European stocks bounced back Monday from Ukraine-related selling while Asian markets were subdued by further signs of weakness in China's property market.
The yen ticked up in Asia Monday as investors nervously watched the latest developments in the Ukraine crisis, while looking to a speech by the U.S. Federal Reserve chief later this week.