Tuesday, September 15, 2015
The U.S. dollar broadly weakened against its Asian peers on Monday, fuelled by persistent worries over mainland China's economy ahead of a crucial U.S. interest rate decision later this week.
Saturday, September 12, 2015
Shares in Taiwan moved higher Friday as suppliers to Apple Inc. staged a technical rebound, helping the broader market reverse losses seen a session earlier, dealers said.
The U.S. dollar fell against the New Taiwan dollar Friday, shedding NT$0.146 to close at NT$32.710 after the local currency tracked the Chinese yuan to move higher, dealers said.
European stock markets fell further Friday, with all eyes on next week's U.S. interest rate decision. London's benchmark FTSE 100 index slipped 0.19 percent to stand at 6,144.29 points in late morning deals after opening with slight gains.
Cheap oil prices ushered in by Saudi Arabia's policy of protecting its market share will end up squeezing high-cost producers like U.S. shale drillers, leading next year to the biggest drop in output in nearly a quarter century, the IEA said Friday.
A broadly upbeat mood across Asian markets helped boost higher-risk currencies Friday, although analysts said traders were on edge ahead of a possible U.S. interest rate hike next week.
Friday, September 11, 2015
The U.S. dollar rose against the New Taiwan dollar Thursday, gaining NT$0.081 to close at NT$32.856 as the greenback recouped its earlier losses on the back of intervention by Taiwan's central bank, dealers said.
Shares in Taiwan pulled back to some extent Thursday as investors locked in profits they had built a session earlier in the wake of losses incurred on Wall Street overnight, dealers said.
Taiwanese suppliers to Apple Inc. generally moved lower Thursday morning after the launch of the next-generation iPhones -- the iPhone 6S and the iPhone 6S Plus -- failed to amaze investors, which raised concerns over shipments of the new devices, dealers said.
Low oil prices could force the closure of around 140 oil fields in the UK's North Sea in the coming five years, according to a report released Wednesday by consultants Wood Mackenzie.