EghtesadOnline: Stocks rallied in Asia and Europe, while the dollar weakened as prospects for a U.S. interest-rate hike this month remained subdued. Australia’s dollar rose after a central bank policy meeting.
EghtesadOnline: Asian stocks edged lower on Wednesday as strong U.S housing data overnight increased the chances of an interest rate increase in coming months, prompting some investors to take profits, while oil prices slipped after a surprise jump in U.S. inventories.
EghtesadOnline: Asian shares pulled back from a one-year high and the dollar strengthened on Wednesday, after an influential Federal Reserve official said interest rates could rise as soon as September.
EghtesadOnline: Stocks rose in Europe and Asia on Wednesday while the yen sank against the dollar, after Prime Minister Shinzo Abe said his government would present a $265 billion stimulus package to reflate the Japanese economy.
EghtesadOnline: Asian stock markets were mixed Wednesday as investors reassessed the global economy following the International Monetary Bank’s global growth cut. They were also awaiting corporate earnings reports and the European Central Bank’s policy meeting later in the week.
Asian shares shrugged off early losses and edged higher on Monday, while the Australian dollar was under pressure after no clear winner emerged from a weekend election.