Tuesday, August 19, 2014
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.
Oil prices eased in Asian trade Monday, but retained support from the latest round of tensions between Ukraine and Russia that sparked concerns of a full-scale military conflict, analysts said.
Saturday, August 16, 2014
European stock markets rose solidly on Friday, building on gains from the previous day as tensions appeared to ease over the Russia-Ukraine crisis, while the euro advanced versus the dollar.
The dollar held steady in Asia Friday on easing concerns over the situation in Ukraine as Russian President Vladimir Putin called for an end to the crisis in the violence-wracked country.
Oil prices rebounded in Asia Friday on bargain hunting following sharp falls stoked by a slew of downbeat global economic data and easing concerns about the Ukraine crisis, analysts said.
Friday, August 15, 2014
A contraction in Germany's economy and stagnation in France dragged on European stocks Thursday while Asian markets ended mixed.
The euro was mixed in Asia Thursday as investors awaited second-quarter eurozone growth figures. In afternoon Tokyo trading, the European single currency fetched US$1.3361 against US$1.3363 in New York, while it rose to 137.07 yen from 136.89 yen.
Oil prices fell in Asia Thursday following a surprise increase in U.S. commercial crude-oil stockpiles and a slew of soft economic data from leading energy consumers.
Thursday, August 14, 2014
Global stock markets overcame a contraction in Japan's economy and jitters about Ukraine and Iraq to mostly rise Wednesday, but analysts said new geopolitical developments would likely make for volatile trading.
The dollar firmed against major currencies in Asian trade on Wednesday, but its movement was limited because many traders were off for the summer holiday season.