Tuesday, March 4, 2014
The yen gathered steam in Asia Monday on rising geopolitical fears as Ukraine mobilized its army with Russian troops poised to invade the former Soviet state.
Oil prices jumped by more than a dollar per barrel Monday as Russia's military advance into Ukraine raised fears of economic sanctions against one of the world's major energy producers. Natural gas prices also surged at the prospect of a decrease in global supplies.
Saturday, March 1, 2014
Asian stock markets were mostly higher Friday, boosted by Wall Street's record high, but trading was cautious in Europe as political turmoil in Ukraine appeared to intensify.
The U.S. dollar fell below 102 yen in Asia on Friday on speculation that the Federal Reserve could shift its tapering policy if recent weak data is a sign of a fundamental change in growth.
Oil prices extended losses on Friday owing to concerns over soft U.S. economic data and the unfolding crisis in Ukraine, analysts said.
Friday, February 28, 2014
Bitcoin users in Tokyo will gather on Thursday for a meeting set to be dominated by the shuttering of the MtGox exchange amid claims of a multi-million dollar theft.
An escalation in tensions in the Ukrainian region of Crimea roiled global markets on Thursday. As reports emerged that dozens of heavily armed pro-Russia gunmen have seized control of local government buildings in Crimea, stocks in Europe — and not just in Moscow and Kiev — took a pounding while the dollar and gold advanced. Investors are worried that the tensions in the strategically important peninsula may take the Ukrainian crisis into a new, more dangerous phase.
The dollar was stuck in a tight range on Thursday as investors sit on the sidelines before the head of the U.S. Federal Reserve gives testimony to senators later in the day.
Oil prices fell in Asia on Thursday as expectations for reduced demand due to warmer weather outweighed a smaller-than-expected increase in U.S. oil supplies.
Thursday, February 27, 2014
Subdued trading reigned in world stock markets Wednesday after the S&P 500's failure to punch through its recent record high for a second day instilled investors with caution.