Dollar set for weekly losses vs yen, markets await BOJ, FedThe dollar eased versus the yen on Friday, struggling to gain traction after lacklustre US economic data further dampened already low expectations for a Federal Reserve interest rate hike next week. Movements in major currencies w More… |
Pound hits 31-year low on Brexit impactSterling fell to a 31-year low against the dollar on Monday as a sell-off stemming from Britain's decision to quit the European Union gathered pace, with the euro also pressured as Brexit clouded the future of the rest of the bloc. More… |
Japan signals readiness to intervene as Brexit boosts yenJapan will respond as needed to "extremely nervous" exchange-rate moves in the wake of Britain's referendum on leaving the European Union, Finance Minister Taro Aso said on Friday, signalling a readiness to intervene to stem excess More… |
Oil rises as dollar slips to 18-month low against yenOil prices rose on Tuesday as the dollar slipped to an 18-month low against the yen, potentially spurring fuel demand, but gains were restricted by rising Middle East output that renewed concerns of a global supply overhang. The i More… |
Oil rises as dollar slips to 18-month low against yenOil prices rose on Tuesday as the dollar slipped to an 18-month low against the yen, potentially spurring fuel demand, but gains were restricted by rising Middle East output that renewed concerns of a global supply overhang. The i More… |
Scramble for safety boosts gold and bondsFresh cracks appeared in global markets on Thursday as investors sought the safety of Japanese yen, gold and top-rated bonds while dumping US dollars on bets the Federal Reserve could be done raising interest rates. Even the absen More… |
Stocks dumped for safe havens as bank fears flareAsian share markets were scorched on Tuesday as stability concerns put a torch to European bank stocks and sent investors stampeding to only the safest of safe haven assets. As fear overwhelmed greed, yields on longer-term Japanes More… |
Asia stocks jump, yen weakens as BOJ adopts negative ratesAsian shares jumped on Friday and the yen swooned after the Bank of Japan stunned markets by adopting negative interest rates in its boldest step yet to reinflate the long-languishing economy. The yen fell acro More… |
Markets hit 3-year low as China weakness spreadsAsian stocks dived to three-year lows on Monday as a rout in Chinese equities gathered pace, hastening an exodus from riskier assets as fears of a China-led global economic slowdown roiled world markets. Safe-haven government bond More… |
World shares at six-year peakWorld stocks were putting the finishing touches on a bumper year on Monday, steady at a six-year peak as rising benchmark bond yields and commodity prices underscored expectations of firmer global growth in 2014. Britain's FTS More… |