BLOOMBERG Stocks declined worldwide and emerging-market currencies slid to a one-month low after two Federal Reserve officials signaled that the U.S. economy could warrant a rate hike at the central bank’s meeting next month. Equities gauges in the U.S., Europe and developing nations maintained losses, while the dollar pared gains after a report showed companies added fewer workers in ...
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Stocks slide on lackluster growth as Yen advances
BLOOMBERG Stocks slid with U.S. equity-index futures and the yen advanced with Treasuries as evidence of limp economic growth around the world permeated through global financial markets. Europe’s main stock-market index tumbled for a third day. The Japanese currency rose against all of its major counterparts except the Swiss franc. Gold advanced to a 15-month high and oil fell ...
Read More »Yen holds near 18-month high as gold jumps; Euro, bonds gain
BLOOMBERG With many markets across the world closed, investors pared back higher-risk holdings, keeping the Japanese yen near its strongest level in 18 months. Gold advanced with sovereign bonds, oil declined and European equities held onto their biggest loss in two months. Japan led a selloff in Asian equities, with the Topix index sliding for a fifth day as ...
Read More »UAE stocks lead Gulf equity slump as bank profits decline
BLOOMBERG Equity markets in the United Arab Emirates extended declines on speculation recent gains were overdone after earnings fell at some of the country’s biggest banks. Abu Dhabi’s ADX General Index slipped for a second day, dropping 0.8 percent to 4,506.14 at the close, the lowest level in more than two weeks. First Gulf Bank PJSC, the emirate’s third-largest ...
Read More »Global stocks slide after BoJ shock, weak US data
London / AFP European and US stock markets slipped on Thursday, taking their lead from Tokyo which fell heavily as the Bank of Japan shocked traders by deciding against fresh stimulus measures. The surprise move by the BoJ came a day after the US Federal Reserve provided a positive outlook on the global economy, highlighting mixed signals from the ...
Read More »Yen surges on BOJ as equities retreat, treasuries sink declines
BLOOMBERG Even when they do nothing, central banks have the power to surprise and bewilder. The yen surged the most since August and the Topix Index lost more than 3 percent as equities worldwide fell after the Bank of Japan refrained from adding to its monetary stimulus. U.S. stock futures remained lower and Treasuries erased gains after data showed ...
Read More »Treasuries rise, Dollar drops before Fed; Apple drags stocks
BLOOMBERG Treasuries rose, sending 10-year yields lower for the first time in eight days, and the dollar weakened, as markets signaled caution before the Federal Reserve’s latest interest rate decision. The Nasdaq 100 Index slumped as Apple Inc. tumbled after posting its first quarterly-revenue drop in more than a decade. Benchmark 10-year note yields retreated from the highest level ...
Read More »Stocks gain with earnings as Fed looms, oil advances
BLOOMBERG Global stocks climbed for the first time in four days amid earnings reports in Europe and America that topped estimates. The yen strengthened a second day ahead of central bank decisions from Japan and the U.S. The Standard & Poor’s 500 Index climbed and banks led European shares higher after a three-day slump. The yen rose and Treasuries ...
Read More »Global stocks decline as crude oil fluctuates, dollar weakens
BLOOMBERG Shares retreated around the world, while crude oil fluctuated amid concerns that a supply glut will persist. The yen strengthened, reflecting investor caution before central bank meetings this week in the U.S. and Japan. The Standard & Poor’s 500 Index fell for the second time in three days since climbing within 1 percent of its all-time high. Energy ...
Read More »Saudi leads Gulf stock gains on eve of post-oil vision
BLOOMBERG Saudi Arabian stocks led an advance across most Gulf Arab equities as the kingdom prepared to announce a road map for the post-oil era. The Tadawul All Share Index added 1.7 percent, the most in more than a month and extending gains after it entered a so-called bull market on Thursday. The kingdom is scheduled to set out ...
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