Wednesday, April 23, 2014
The dollar held steady in Asia Tuesday ahead of U.S. housing data, while the yen was under pressure after a record Japanese trade deficit boosted speculation of more central bank monetary easing.
The price of oil slipped closer to US$104 a barrel Monday as investors weighed expectations of rising U.S. crude stockpiles against tensions in Ukraine.
Tuesday, April 22, 2014
Global stocks were mixed Monday in light trading after Japan reported a record annual trade deficit and investors looked ahead to economic data this week from China and South Korea.
Chinese stocks tumbled 1.52 percent Monday on fears of a possible market glut after authorities revealed a list of several firms planning initial public offerings (IPOs).
The yen was weaker against the dollar and the euro in quiet Asian trade Monday after data showed Japan's trade deficit quadrupled year-on-year in March.
The price of oil edged down Monday but stayed above US$104 per barrel as investors watched simmering tensions in Ukraine.
Saturday, April 19, 2014
Asian markets mostly rose while the dollar edged up in holiday-narrowed trade on Friday following a mixed lead from Wall Street and news of a deal between Russia and the West to ease Ukraine tensions.
The dollar was steady in quiet Asian trade Friday, winning support from positive U.S. jobs data and a deal between Russia and the West aimed at easing tensions in Ukraine.
Iran's crude oil exports have hit 1.2 million barrels per day, almost doubling from eight months ago when the country elected a new president, a top government official said Friday.
Friday, April 18, 2014
World stocks were subdued Thursday ahead of a long weekend for many markets, with Japan's Nikkei faltering as investors locked in profits after a strong rally.