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Wednesday, September 2, 2015
Asian stocks sank Tuesday after more data showed weakness in mainland China's economy, while gold and the yen advanced as investors fled to safer assets.
Oil prices fell in Asia Tuesday, surrendering some of their big gains of a day earlier after data showed manufacturing activity in top energy consumer China contracted in August.
The U.S. dollar lost ground for a second day Tuesday in line with a fall in Asian shares, as concerns about the global economy clouded the outlook for a long-awaited U.S. rate rise.
Tuesday, September 1, 2015
Mainland Chinese stocks sank again Monday, dragging most other Asian bourses lower amid uncertainty over U.S. interest rates, reviving fears of a broader global economic slowdown that has rocked the world's financial markets.
The U.S. dollar slipped against the yen and euro Monday on fears that mainland China's economic malaise could drag on global growth, reversing a rally that had been fueled by hopes of a September U.S. rate rise.
Oil prices fell in Asia Monday, coming under pressure as dealers took profits from huge gains in the previous session and tried to gauge the outlook for the U.S. economy and its taste for crude.
Saturday, August 29, 2015
World stock markets were uneven on Friday as a global rally driven by upbeat U.S. economic data faded.
Crude extended gains in Asia Friday following a 10-percent price surge in the previous session fuelled by strong U.S. economic data.
The U.S. dollar stayed firm against the yen Friday after upbeat U.S. growth data suggested the world's top economy was weathering a slowdown in mainland China, ahead of a key U.S. Federal Reserve summit of central bankers.
Friday, August 28, 2015
Europe's main stock markets rallied Thursday on easing mainland China worries, inspired by bumper gains overnight on Wall Street and earlier in Asia.
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