Recent Posts

Gulf slips, Egypt rebounds from Trump-linked slide

  DUBAI / Reuters Most Gulf stock markets were weak on Thursday but Egypt’s bourse rebounded after sliding for three days partly on concern that U.S. President Donald Trump’s policies could hurt the economy. The Saudi index edged down 0.03 percent as loss-making Nama Chemicals, which had soared 37 percent in the four days through on Tuesday after it announced ...

Read More »

European stocks fall back as Swatch, Deutsche Bank miss

  Bloomberg European stocks fell on Thursday, trimming some of the sharp gains made in the previous session, as lower-than-expected results from Swatch Group AG and Deutsche Bank AG rattled investors. The Stoxx Europe 600 Index was down 0.2 percent at 08:17 a.m. in London. The index gained 0.9 percent on Wednesday, as industrial shares advanced on earnings reports, while ...

Read More »

Japan stocks hit from abroad again as Topix wipes out 2017 gains

  Bloomberg Japan’s equity market found itself hostage to global events yet again. This time it was the Federal Reserve, which signaled it’s in no hurry to raise rates, pushing the U.S. dollar lower and strengthening the yen. Like clockwork, shares fell, with the benchmark index wiping out all gains for the year. Then the 10-year yield rose above 0.1 ...

Read More »
Send this to a friend