Thursday, March 27, 2014
The price of oil was becalmed Wednesday as the energy market waited for a weekly U.S. crude stockpiles report.
Wednesday, March 26, 2014
Australian Prime Minister Tony Abbott Tuesday said substantial progress had been made in securing free trade agreements with its three largest export markets and a pact with Japan should be finalized within weeks.
Asian stock markets were muted Tuesday with little news to excite investors, but European shares and U.S. futures were mostly higher.
The euro weakened in Asia on Tuesday after rallying in New York as analysts warned of downside risks if Western leaders tighten economic sanctions on Russia over the Crimea crisis.
Oil prices edged slightly lower on Tuesday as soft factory data from China and the U.S. balanced the threat of sanctions against Russia following its annexation of the Crimean Peninsula.
Tuesday, March 25, 2014
Asian stock markets were boosted Monday by expectations of economic stimulus in China after manufacturing continued to weaken in March. European shares fell after a eurozone manufacturing survey reinforced expectations of a slow recovery.
The dollar held steady Monday following a surge last week on comments from Federal Reserve head Janet Yellen as Tokyo shares rebounded from a six-week low.
The price of oil fell slightly Monday following a drop in China's manufacturing.
Saturday, March 22, 2014
World stock markets bounced back Friday as upbeat U.S. economic data helped shake off worries about future increases in U.S. interest rates. Trading in Asia was subdued as Japanese markets were closed for a public holiday.
The dollar eased in Asian trade Friday but maintained most of its gains after Federal Reserve head Janet Yellen indicated U.S. interest rates could rise early in 2015.